Shortsetup
💡Don't miss the great sell opportunity in GBPUSD
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (1.4205).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. GBPUSD is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 34
Take Profits:
Tp1= @1.41350
TP2= @1.40950
TP3= @1.40050
SL: Break Above R2
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🔹🔹Coastal Corporation the Game changer🔹🔹buy @ 170-75 range
sl below 155
trgt 220-290-335++
✔creating lower high's and higher low's.
✔In last 6 months, promoter holding in the company has increased by 3.20%🔥
✔ ongoing accumulation.delivery data of last 10 months seems very postive.u can check the delivery data by clicking the link👇
www.bseindia.com
(open the link then enter the company name and set the time period,u will get the delivery data of the company)
✔anytime bo possible.
nothing more to say guys.u can study🙏
daily frame👇👇
about the company.
Coastal Corporation is engaged in processing and export of sea food
study then invest🙏🙏
BTC update : what next?Currently prices are taking support over 30-32 k level, this level represents a support of wave 2 bottom, which was formed after 1st extended wave.
Technically this is strong support, major demand was formed during that wave.
But considering current scenario,
I feel 19-21k level would be next target for BTC. Support and Resistance levels are drawn. Please check the link attached to it.
What you can do ? Short it below 30 or buy some of the alt coins appropriately 20-30% of your positioning size
Bajaj Finance Correction !Bajaj Finance Showing weakness on which There can be a correction coming out !
Points to analyse-
1. Bajaj Finance have a Double top Which indicates trend reversal or Correction.
2. Major Support / Roundoff Price / Fibonacci Comes at same levels with gives multiple confirmation of strong support !
3. Also there is a little unfilled gap which can be filled this time if market corrects !
4. Market is too up at this time after market averages - price have to come close to average to start new trend
5. There is a support nearby around 5330 If it breaks there are high probability that it can fall .
6. Even if we only follow Trendline after double top trend reversal indication the prices behaviour is to come near trendline !
That what i have analysed If you have any suggestion or queries please contact me freely on twitter or comments of this post !
Stay safe - Stay Healthy
Namaste
Comments
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INDUSTOWER SYMMETRICAL TRIANGLE The stock has formed lower high and lower lows resulted in a symmertical triangle pattern and now the stock breakdown so we can expect some fall in upcoming days
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Nifty sell on Rise market Avoid long position or swing position
Try to short (downtrend & correction not yet done in the weekly chart)
1.Global crisis
2.Market sentiments
3.Data analysis
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Asian Paints - Tuesday Trade - 11th May | Symmetrical TriangleStock has formed a symmetrical triangle on higher time frames.
Looks set to come down again to 2500/2490 levels in a session or two.
If BD fails and stock breaks triangle on upper side then can reach 2620 and 2650 levels
P.S. Sell/Buy only when 15 min candle breaks the triangle and closes beyond it.