Reversal trade setup as per 4hr and daily chart, MACD crossover clearly seen, RSI will follow the move, stock in up trend, moving averages are positive, so one can look for new high shortly.
AUDUSD struggles to defend the bounce from a two-month-old rising support line and the 200-SMA amid softer Australia Consumer Price Index (CPI) data. Also attracting offers for the Aussie pair is the risk-off mood and an impending death cross on the four-hour chart, a bearish moving average crossover between the 50-SMA and the 100-SMA. It’s worth noting, however,...
on monthly charts, bullish IB formation followed by an bullish engulfing pattern
MACD crossover indicate bullish momentum
similar trends on weekly and daily charts
can double from this level
Target and SL marked
As per set up, MACD attempt to cross centre line with huge volume, and RSI is bullish, moving averages are positive, so from here, trend reversal signals are coming, looking good for next 6 months, levels 350 and 380 can be seen.
-W pattern in weekly time frame
-ready to breakout strongest resistance with good volume
-expecting strong closing this week
-rsi,adx,macd,ema every indicator showing strength
GBPUSD prints mild losses around 1.2700 early Monday, after snapping a three-week uptrend in the last. In doing so, the Cable pair justifies the previous week’s downside break of a two-month-old rising support line, now immediate resistance around 1.2765, as well as fades the bounce off a 200-SMA level surrounding 1.2635. However, the upbeat conditions of the RSI...
ITC has given a breakout on a daily timeframe. RSI has also given breakout above resistance followed by MACD trigger line crossover. Target = 500-511 (purely technical target), 535 (fundamental target).
-Symmetrical Triangle pattern
-previous resistance breakout + retest done which is good for another rally
-rsi, adx & macd showing momentum
-above all crucial ema & sma
From last couple of day it's follow a down trend in 30 min timeframe. and now it create a double bottom with good volume and we can see MAX VOLUME is in 1674.05 .
After break trend line with good volume the level of 1690 we can se a good move from 1690-1705 or 1720.
After 1690 level break as expected we can see a bullish divergency at MACD . (as expected...
Market open at 53 point high after create a red candle in 15 min. First 45 min price consolidate near resistance. after that a big red candle and a good down move we can see till 14:15.
Why breakdown why not breakout ?
If we can see from 4th January's 12 pm see green candle's volume is decreasing but price is increasing.
Here Red candle's volume is...
As per rising chennel started in the stock, the buy level is 530 to 540 zone which is a strong support level if Nifty does not break the exsiting up trend. With a small stoploss 515 which was earlier resitance, next level can be seen as 608 and 667 as per rising channel fibonachi extension, so in coming weeks one can look for at least 15 to 20 % rally. The main...
In chart 22249 is a strong resistance. Price touch 2 times in history and comeback to 21506.
MACD indicate some divergent here and giving signal for down trend .
But my point of view if 21506 break with good volume and make a support with 2-3 trading day then price will be BOOM Next target will be 22400. (Also I'm expecting this)
If can't break the...
EUITASBNK showing a good volume breakout with good result.
CMP : 81
TG : 114
SL : Below 21 day EMA
R/R : 5.5 times (Risk to Reward)
Stock's selection based on 5 Point Analysis:
1: Idea : Breakout.
2: Support : Volume, Delivery & VWAP. (To view this, click sedg.in)
3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. (To view this, click...
Gold price stays defensive while keeping the previous day’s recovery within a seven-week-old ascending triangle, floating above 100-SMA during early Friday. In doing so, XAUUSD braces for the first weekly loss in four. However, a steady RSI (14) line and an impending bull cross on the MACD suggest a continuation of the latest rebound, which in turn highlights a...
![ITC: ITC [LONG] _ {UTRA BULLISH}](https://s3.tradingview.com/k/kzQbqQFv_mid.png "ITC [LONG] _ {UTRA BULLISH}")
