On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
💎 CAKE has broken out of a descending channel and formed a W pattern at the FVG and 200 EMA. Additionally, the price has shown CHoCH, indicating an increased probability of a bullish reversal. 💎The price may exhibit a pullback and find support at the bullish OB level, or it may retest the breakout zone of the W pattern before establishing a bullish...
💎 LTC is currently forming a W pattern within a supportive trendline and in a demand area. Historical price actions indicate that after the formation of the W pattern, LTCUSD has experienced significant upward bounces. 💎A breakout above the small resistance level at the top of the W pattern could signal a bullish move. Alternatively, the price may pull back to...
Price has formed a Monthly Source Supply and a Quarterly Destination Demand and now we have a downward confirmation in Weekly with a Supply fomed which also has a Deviation from the EMA which indicates a very strong imbalance in the Price Action.
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 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...
Within one hour, the Nifty50 market experienced a retracement of 61.80% and subsequently rebounded, encountering a bear order block on the 1-hour chart. If it faces and retests the unbroken 1-hour bull order block, it may continue its upward movement. Let's observe the developments tomorrow morning.
Bank Nifty Support and Resistance Zone (15/02/2024): #### Support Zone: 1. **Support Level 1:** 45,350 - A crucial support level. If the market falls, 45,400 could act as the first support. 2. **Support Level 2:** 45,000 - Another significant support level. If breached, it could signal further downside movement. #### Resistance Levels: 1. **Resistance...
A well anticipated move came up as we had been analysing since last few analysis being every dip as a buying opportunity. Now watching at bigger time frame, we may see expect another strong upmove till its ATH if BANKNIFTY manages to sustain itself above 46000 mark as it can still be seen in accumulation phase since past few days so plan your trades accordingly.
Doge accumulated for 45 days straight. Today the BB upper broker signalled an upcoming repricing. The Memecoin days are back. Time to long your longs. Add a long everyday.
Shankara Building Strong Breakout.. Bullish Candle... Good Volume.. Only Target 1 Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 1% or 2% of your capital in a single Trade..
✅ Price break Falling Wedge Pattern on 1hr.TF but look for price to retest and then look for long trade with small stop loss. ✅ On retest look for strong reversal.
Please find below simple resistance and support: Resistance: 21916 If crossed up then will see upward move as follows: T1: 21970 T2: 22035 Support: 21784 If crossed down then will see downward move as follows: T1: 21709 T2: 21664 This is only for education purpose. Do your own research before investing or trading. I AM NOT SEBI REGISTERED ANALYST, SO...
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 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...
Sarda Energy could advance if it revisits the 4-hour bulls order block and retracement level. Should it rebound from the 4-hour bulls order block, we may view it as a chance to consider buying.
The chart is self-explanatory and shared chart for educational purposes. Trading below the moving averages of 50MA, 150MA, and 200MA. Supply zone breakout with retracement. High possibility of a downtrend.
As we can BANKNIFTY showed strong upmove as analysed in our previous analysis and we did see close to 2 percent upmove in single day and hence we still stand by our saying of buying the dip till our zone is respected but each time the zone gets weaker hence more of tests of the demand zone could lead to huge downfall as it would break both the trendline and the...