Pattern formed overtime from March 2020 to January 2021. Support of 13750 on the lines have been breached. Now nifty is open to go down till 13000-13200. However, If 13800 on the upside is breached, then we can can see a rally till 14500. After that 15000 levels will be on the cards but lets restrict ourselves till 14500 for the time being. Markets are extremely...
BANKNIFTY - MAKE OR BREAK LEVEL Negative Divergence in MACD. Waiting for a Short Entry Position
Despite recently easing from 1.3575, GBPUSD stays above a one-week-old ascending trend line amid bullish MACD. On the fundamental side, the passage of the Brexit deal and US coronavirus (COVID-19) stimulus also favor the Cable buyers. Though, a downward sloping trend line from December 17, currently around 1.3620, becomes necessary for the GBPUSD bulls to keep the...
See Chart for more details. Negative trend by RSI, Heiken Ashi, and MACD.
EXACTLY, 12025 was my support, made a low 12027. Today market had gap up opening so my resistance converted into support. So, for tomorrow support of 12025 is till valid buy when it comes near support with confirmation of rsi and macd. Resistance =12180,12260 support =12025,11960,11900
heading towards 354. perfect 3 drive pattern, divergence on RSI as well as MACD. near strong resistance of 367. stop loss 369 for education purpose only
EURAUD Looking like a buy long term. confluences: - wedge pattern forming on higher timeframes such as h4 and daily. - Respecting the 50 MA on the daily - can see divergence on h1 and 15 m timeframe on MACD.
Bitcoin (BTCUSD) found support just above MA200 and is now breaking all resistance while moving up. In one single candle, we are seeing prices move above EMA10, EMA50, EMA100, EMA200, and EMA300... Opening the doors to additional growth. BTCUSD GREEN Chart Signals Increasing volume. Bullish MACD. Bullish/strong RSI. Strong bullish/green candle. ...
Date: 21 Sep 2020 Godrej CP (CMP: 713.75) Flag Pattern breakout on weekly chart. RSI above 50 and increasing MACD. Target 915 T1- 755 T2- 835, T3- 915; SL- 635 Duration - 25 Jan 2021
RSI moved from 40 indicating upmove which is supported by buy signal in MACD. Price Acttion shows reversal but the movement of 200 EMA suggests that price may face resistance once it reaches that level. Anyway, it looks good for swing with a price range of 950-960 being the target and stoploss being below the channel.
It has shown a Shooting Star on H4 with negative divergence on MACD. This is a good short for tomorrow with a SL of 74
ONLLY FOR SWING TRADING BREAKING TRIANGLE PATTERN UPWARDS. IT HAS BEEN ON AN UPTREND IN WEEKLY AND MONTHLY CHARTS. ABOVE 100 DMA,200 DMA,400 DMA. POSTIE CROSSOVER ON MACD. VOLUME PROFILE SHOW LARGE TRANSACTIOS.
NSE:HINDUNILVR Clear Cut Breakout in Daily Chart and with Buy signal in MACD. Long with a target level of 2125 and 2200 SL would be around 2000.
Ultratech Cement Ltd. The stock formed bearish divergence with RSI and MACD. If price trades below 3831 level, the price can test DEMAND ZONE 3700-3680. Nearby resistance is swing high 3936 on the hourly chart. Also, in the daily chart, the stock is facing resistance from 1.618 FIB level. KEEP AN EYE !! #B- #tradingedge_academy #SMTA_Institute
Support at 9000 and Reversal trend observed in MACD. Surely Nifty will go till 9189 in this week.
In the 1 hour chart, a long lower shadow candle forms followed by the green candles, this signals the end of bearish sentiment and upcoming bullish momentum. This can also be confirmed by the Parabolic SAR and Macd. ADX also shows that the decline from 350 levels was a very weak directional move. Fibonacci retracements dictate a stop loss at 331.35 levels and an...
In the 15 MTF, the index seems to be forming an IHS with positive divergence in MACD. A break above the CPZ mentioned can take the index to targets. The view does not hold if the index closes below 9260
XBTUSD (Bitcoin) is now looking full bearish with multiple bearish signals in the making... Let's take a look at those: First we have a break of EMA10 and EMA50 as support. Prices are now trading below this level switching our potential from bullish to bearish. Bearish cross between EMA10 and EMA50. Bearish RSI, trending lower. Bearish MACD. Monday's...