Look at this structure, it's shouting something happen in future very soon, picture perfect head & shoulder on daily charts and pull back sharply How to trade? Simply follow Fibonacci 0.5 levels Overall weak structure
💎 Paradisers, Let's dive into ICP/USDT on the daily chart. We're spotting a head and shoulder pattern. Now, while this pattern's reliability isn't typically strong near market bottoms, the overarching bearish sentiment in both ICP and the broader crypto market boosts the likelihood of this pattern playing out. 💎 For the bears to take control, we need to see a...
As we can see NIFTY had been falling unidirectionally and had been in downtrend since last few month now. Now NIFTY can be see trading at an important support or demand zone being a gap which is further backed up by positive RSI divergence hence if NIFTY opens weak to flat within the given range then we can expect a strong recovery in NIFTY in first half which if...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 4 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
The EURUSD pair is showing signs of a favorable long opportunity based on wave analysis. An ABC correction pattern appears to be forming, with the market completing the A and B waves. The C wave, which typically follows, presents a potential long setup. Wave Pattern: A completed A-wave followed by a corrective B-wave suggests an imminent C-wave rally. RRR: This...
targets green entry point blue sl red ..RRR 1:2 , 1:4 Considering the ABC correction wave in DXY, a potential short opportunity arises during the B-wave's rebound. This setup offers an attractive risk-reward ratio, targeting the expected C-wave decline. Caution: Monitor closely for any sudden changes.
kindly follow the levels on the chart only for educational purpose
AT&T is following wyckoff distribution schematic #2 this is in Phase B completion right now tgt 10
Bank nifty opened gap down 44350 to 44150 area no trading in between, Above 44350 long till 44500 to 44600, Below 44150 below short till 43900 to 43800 area.(Reversal play area to short are 44550 and 44400 area WIth negative price aciton
💎 Hey ParadiseSquad, let's zoom into ADA/USDT on the weekly chart. We're seeing a unique blend of an inverse cup and handle pattern coupled with an M pattern. This combination is hinting at a bearish outlook. 💎 For this bearish scenario to unfold, we need a confirmed breakdown below the critical demand level of 0.2337. If that happens, we could aim for the next...
In the Weekly Chart of GMDCLTD , we can see that, it has given 15 years Range Breakout. Let it retest and then Enter with SL and Targets. Expected momentum is shown in chart.
In the Weekly Chart of EMAMIPAP , we can see that, it has given Trendline breakout. Let it retest the Trendline and then enter with SL and Targets. Expected momentum is shown in chart.
In the Weekly Chart of KOTHARIPRO , we can see that, after multiple failures of Cup & Handle, it is now ready for big move. Expected momentum is shown in chart.
In the Weekly Chart of SUNTV , we can see that, it has given Trendline breakout. Let it retest the Trendline and then enter with SL and Targets. Expected momentum is shown in chart.
In the Weekly Chart of ARIES , we can see that, it has given Trendline breakout. Also it is going to give a Big Cup & Handle Breakout in coming weeks. Let it retest the Trendline and then enter with SL and Targets. Expected momentum is shown in chart.
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
Nifty Spot Actionable Idea #Current Price- 19386 #Resistance- 19406 #Support- 19361 #Target 19449 And 19486 we can expect after a break of Resistance #Target 19316 And 19275 we can expect after a break of Support #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or...