Ocean short
Ocean in a range of 10% sell at the top and buy at the bottom simple as that 3d wave trend giving a signal of this sale
although a buy breaking through the range and above the 144 average would be much better. For that we should wait if that were the case.
Shortsetup
Ethereum short
Ethereum doing a hangman on the 2 hour chart showing some buying exhaustion and it is also very close to a resistance.
The sell is just below the weekly VWAP with an exit in the high volume area of the book.
Note - If the asset breaks the resistance upwards, it does not take the buy order
btcusdt short tadrebtcusdt has failed to break its higher high
now it has break trendline+a recent lower low with good valoume
good short side +
!!!good_luck!......111!!!!!!!!!
DRREDDY inside an Inverted Cup & Handle ??!!!Chart patterns look good for a short trade
Reasons(all with respect to 1 hr time frame)
1. Drreddy has been travelling in an ascending channel pattern
2. Recently it broke out of the channel pattern with volume support
3. Inverted Cup & Handle pattern too looks perfect
4. Entry can be made after 1 hr breakdown out of the yellow trendline.
5. Target & Sl mentioned as dashed horizontal lines.
Let's wait & watch , how it is going to move!!!
NOTE - Just sharing my view....not a tip nor advice!!!!
Ultra tech cement SELL for 27-28 Febin.tradingview.com
There has been some liquidation on the charts and OI has increased around 6% indicating a short build up hence initiating a SELL 7175 levels. Although this trade should be taken keeping in mind nifty is at oversold levels and can witness a sharp shortcovering spike anytime during the day.(27th Feb 2023)
Short Nelcast : Downside Evident
Good Day,
Hello Traders,
Projected Target as per Head and Shoulder Pattern, if it executes properly once is breaks the neckline of 94. Lets see, how it behaves.
A good possible downside is evident.
Time Frame : Daily.
It also depends how market behaves.
Chart Self Explantory.
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
BTCUST SHORT TRADE1.btcusdt has break its suuport
2.breakbearish flag pattren
3.good seeling volumes
4.target level given below
!!!!!!!!goood luck...!!!!!
GBPUSD Short IdeaPath shows that Bears can take over in GBPUSD. Scalpers can take a sell call with SL at 163.502. with trailing SL or 2x TP.
Nifty Bank: Rounding TopNormally Rounding Top in the down trend markets are ignored. As ours is the growing Market there is the high chance that it will reach the neckline and the reversal could happen. Though while forming this pattern there is a slump in the volume (Decreasing Volume). I have given a short trade after the break of support and also provided the target price for the trade, but I believe that we can see failure of this pattern and hence also provided the long call after the break of resistance.
Trendline analysis in niftyNifty continuously following this trendline and going In negative direction,
Keep an eye on this trendline and plan your trades accordingly.
Happy learning 😎
BIKAJI FOODS INTERNATIONAL : SHORTUnited States Based FMCG Company , listed in Nov 2022 is Still waiting for price correction. The subscription stock value which was Rs. 285 jumped to 450 within 3 days and since then there is continuous fight for Price correction. We can see the triangle pattern on the chart where the price was getting continuous rejection from resistance level @ 448.20 , However , the buyers were aggressively not letting the the price below pervious swing. However it seems that the stock has just broken the trend line and price correction may occur any time with break down@ 373.35.
Good stock for Intraday Selling Trade in Bearish Market. The indicators are as under
CMP : 373.35
MA50 : 392.44
MA200 : 355.02
RSI (14): 39.606
ADX(14) : 53.77 ( High Directional Strength )
ATR (14) :10.58 ( Less Volatile )
MACD ( 12,26) : -5.99
Although , we can not ignore the case of Break Out from this range, but I would prefer to with Shorting as the Stock is over priced and need their first price correction. Hence the probability of Break down is much higher than that of break out.
Do Not forget to Boost if you like this post.
3 Highs setup in USDJPY. Below The Red Line!Hello Traders!
1. We see 3 consistent higher highs formed with no retracement broken .
2. Sell Below The Red Line .
3. Stop may be updated if the market breaks high before our entry is done.
4. I'll be posting a full tutorial on the 3 Highs setup during the coming weekend.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
3 Highs setup in USDCHF.Hello Traders!
1. We see 3 consecutive highs after proper consolidations . I have some self-made rules for this setup which have worked with almost 90 percent accuracy.
2. We also have a 2-bar reversal pattern in 1 hour tf.
3. Sell below the red line . The stop may be updated if the market makes a new high before our entry.
4. We also have 2 potential targets marked by the green lines.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
INVERTED TRIANGLE in BNF #bnfNSE:BANKNIFTY has formed inverted triangle pattern below previous major support which is now acting as a strong resistance and stopping bnf from moving upside ,bnf should be ready for a major correction as it has created the pattern while testing all the fresh support and now there is nothing to stop the fall, but in case if bnf manages to break the pattern upside it will be breaking the resistance and big upside move will be seen.
Nifty shorting idea for 13/02/2023The short term market is bearish but before market starts its bearish trend the supply area which is not tested will be tested and then after some confirmation in smaller time frame the market will take out the 15 min bearish leg to further down.
nestle sun set!! it is turning bearish and we may likely see a period of no return in the counter for the upcoming year or so!
a kind of top-out formation which suggest long to be avoided as an investment.
it can test 15200-14900 in coming months/years
POWERGRIDTravelling in symmetrical triangle, watchout for breakout or breakdown or else can short on resistance after bearish setup as per price action and can aim for support or vice versa.
Abb - At BreakoutThe chart setup clearly shows that the stock is near the breakout level. If fails to do so, may come down around 2940/2840.
keep an eye.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
