Get started

Structure

MGL Inside Bar BreakoutMGL has formed a large body candle the previous day followed by a small range DOJI candle on daily timeframe. The price is moving along a rising trend line & price is currently at the trend line. The next candle may give a fine move on any side, either respecting the trend line and breaking above or breaking it below. Long above 1014 Short below 991 Fixed target: 1% (or the nearest S/R) NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
NSE:MGL
by tradepurge
Market structure - Nifty - 31st Mar 2020 - wyckoffOm Namah Shivay Brothers, Today's morning opening was the observation, after the market had done the structure yesterday closing time. The simple support resistance is able to tell, where market will go after hitting the trend line. Whether it will go up to test the trend line or not ? For that I need to follow the market structure continuously. I am completely on the learning and initial life of trading. So to say - I am starting to learn, after mistakes. Question : 'Om' ( I the soul) is me, then what is the body, is it not me ? Answer: I the soul is controlling the body from inside, the control parts in Hindi are called 'Indriya'/Sense organs. I am controlling ? How ? How do I seat in the body ? I the soul, stay at the center of the 2 eyes, on a place, called 'Takhat'/Chair/seating place. Where I seat, there definitely I need the control panels to control the sense organs of the body. etc. Hey! this is science fiction. Yes, A science to know - called Gyan/Knowledge. Knowledge of what ? self. Who does it ? A Yogi's first step. Then who is a Yogi. Om Namah Shivay
NSE:NIFTYEducation
by sudhannayak
Structure of the market - with - support/resistance lines - 2Om Namah Shivay Learning the Structure of the market with support and resistance lines. 1. Continuously Draw trend lines to know the market structure. 2. Trend lines can be channels … 3. By continuously accessing the simple trend lines, market structure can be accessed How does the soul ( 'I') look like ? Ans : The soul is a point of light smaller than a dot. That is me the 'I' where the thoughts come from, the judgement power stays, the memory stays in. Om Namah Shivay
UEducation
by sudhannayak
USDJPY at critical structure, bearish move expectedOn Sunday, during our weekly analysis we anticipated a high probability of a short term bullish move up to the structure at 107.30-107.50 where we have monthly Support S1 located. This structure was very strong in the past so now after testing this area, this time from below we may expect a move down to at least 106.00 area. At the 4 hours chart, at the moment of analysis we can notice some exhaustion candles formed which makes us believe that bulls are now losing steam and now should be the time when the bears are expected to kick in and bring the price lower.
Short
by drilonn001
RPower: support zone & breakout retest confirmation {Bullish}RPower CMP 48.50 Last time, we were able to capture the stock movement right from 36.80 levels to 62 levels where we highlighted the zone of 58-62 being important The stock has come down exactly from same levels... At current levels the charts suggest the stock is back at important support levels & zone of 45-48 may act as strong support ... Buying at current levels & on dips towards 45 can be considered Target 82 / 108 levels Take care & safe trading..!!!
NSE:RPOWERLong
by indiamarketoutlook