BTC retested the diagonal support but with a lack of volume (check the last green candle though) I'm looking forward to how this will play out, but it's not a good sign imo. It could hint on some more downside before potentially going up. I'm personally still bearish on the lower timeframes (including the 4h). That's why I'm also shorting this one. Doesn't...
Short below low of prev candle for RRR 1:1. Maintain strict Sl
MACD is showing a strong bearish divergence building up on the weekly timeframe. In context of the tightening monetary policy of the FED, this is not looking good.
Berger paints formed a double bottom an took a reversal we can go long after the range breakout marked in chart. comment down below your views and if you enter the trade just inform.
Breakout happened buy after 223 and target 1 and target 2 for short term ,,,,,
All levels and trade idea is mentioned in shared chart Disclaimer : I am not SEBI registered advisor so take the trade on your own risk.
look for price action and its not a financial advice
There are two breakdowns one can see. 1. Flag and pole breakdown 2. H&S neck breakdown. For short-term, i.e today or tomorrow a safe target is 45900.
Short upl at 744-745 level sl 750 cmp 742. Stock forming rising wedge, retracement is around fino 60% ...double confirmation to short with very small sl for 725-28 tgt
Buy BECTORFOOD if it crosses 200 days EMA. Take SL at support level. Short term target - 460 Long term target is at all time high level - 620
Zeel at cmp 368 forming rising wedge. With 375 sl short it between 368-370 for target 344, tf 3-4 days..
Bharti Airtel showed a very poor uptrend marred with volatility. This leads me to believe that the uptrend was in fact weak. Now there seems to be a change in polarity. Bharti Airtel took a confluence of resistance from the trend line and its previous resistance. Preferred trades: 720 CE short. But be careful, Bharti Airtel is known to bring nasty surprises....
This is my Plan for Btc. We can consolidate for a While. If this happens we can see some alts pop as well. price can consolidate between 47k-42k there can be two possibilities
USDJPY is trading at the near Resistance Zone its a great opportunity to take short position now.
doing my first chart pattern analysis posting hope you like and correct me if any mistake
A clear pattern formation & its confirmation. Stock has formed a Head and shoulder pattern with neckline around 17200. Stock has already given a breakout in the previous fall & now retested the neckline and falling again. One should go short on current level with SL of 17900 & look for the target of 16300/15300 and the measured target of 15000 level.
Short/Sell ELON/USDT Target :0.000000591 Stop Loss :0.000002652 Signal:Negative Sentiment:Negative Crossover:Negative Timeframe:10-14 days Probablity:High Note: Some sideways movement expected before the fall. ABOUT MYSELF: Certified blockchain developer (PG Master's) from a top Canadian University. Bachelors in computer science (B.Tech) from a A grade...
Reliance ( RIL ) was forming Head and shoulder pattern in 1D time frame. few days back it has breached the pattern and made a good low. now it has passed the retest from neckline and faced rejection from the resistance, in my view Reliance can make a new low from here and i am bearish on this. Support zone can be Found as 200 day EMA.