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Technical Analysis

Quick Guide to: F.R Volume Profile ToolFixed Range Volume Profile: helps to construct a significant Supply & Demand zones over a specific period of time. Either it belongs to shorter time frame (15m-4H) or secular time frames (1D-1M) . Note: The whole explanation is in Structured manner. Read carefully and Enjoy. Type of FR Volume Profiles patterns. 1. P Type 2. D Type 3. b Type . 1. P Type image reference: Trading view doesn't give permission for external links to newbies, sorry for that P Type pattern occurs in bullish/up trend and it mostly apply to identify next higher-low for best entries. P type pattern describes that accumulation zone has been done where most of the contracts happen after a bull run. . 2. D Type D Type pattern occurs after retracement of primary trend. It can occurs both in uptrend as well as downtrend. Major goal is after retracement D-type provide a harmonics of Neutral range of highest volume faced in a trend. In simple POC (point of control) where either buyer will control if passed or seller will control further if passed down to POC. . 3. b Type b Type occurs in bearish/down trend which describes that seller has been sell a lot at supply zone. So we have to see at POC redline either seller will control further or not. If the price passes the red seller control will be over buyers if not buyer will in power and as we know in downtrend lower-high will formed by buyers if they control after touching above the red line and there we can look for sell. . Where FR Volume Profile tool is located in trading view? Look for that symbol above EMOJI list. . How to use the FR Volume Profile Professionally? Step 1: Apply Volume Profile - Choose opening price only & locate your 1 Point of Volume Profile as shown in Image below. - Choose last higher-high in bullish trend & lower-low in bearish trend opening prices as shown in image. . Step 2: Create Supply and Demand zone - If price is in trending use spikes (higher price of candlestick) to for Supply and Demand. - if price is in accumulation/consolidation phase choose closing price of candlestick for both Supply and Demand zone. . I hope you like the this part please let me know in comments. If you guys wanna see the Advanced parameters of FR Volume profile using developing POC and VA method to identify the current contracts as compare to last sessions. NSE:RELIANCE
NSE:RELIANCEEducation
by rajveerscolia
2
CONFLUENCE TRADING | YOUR KEY TO ACCURATE ENTRIES 🥇 If you are struggling with the identification of accurate trading entries, you definitely should try confluence zones . Note: there are hundreds of variations of confluence elements. In this example, we will discuss trend lines and Fibonacci. ❗️To identify a confluence zone, the price must follow a trend line (it should match higher lows if the market is bullish; it should match lower highs if the market is bearish). Once the trend line is confirmed by at least two touches and consequent reactions , you can look for a confluence zone. 1️⃣Project a trend line and identify the next POTENTIAL touchpoint of the market with a trend line. 2️⃣Take the last impulse in the direction of the trend. Draw a fib retracement based on it (swing low to swing high in case if the market is bullish, swing high to swing low in case if the market is bearish). 3️⃣Take the previous impulse (it must be in the same direction as the initial one). Draw a fib retracement based on it. 4️⃣Look for a match of retracement levels of the last two impulses and a projected trend line. In case if two retracement fib.levels & trend line match, you found a confluence point. 5️⃣ Apply it as a safe entry point. You will get a perfect trend following opportunity. ❤️ Please, support this idea with a like and comment! ❤️ ⬇️ Subscribe to my social networks! ⬇️
Education
by VasilyTrader
2
MARKET GAPS - Short and Simple explanationGAPS are areas on the chart where no trading activity took place. In an uptrend, for example, When the opening price is higher than the highest price of a previous day, leaving a blank space on the chart, it will be called a GAP-Up opening. Likewise, in a GAP-DOWN situation, the opening price will be lower than the previous day's lowest traded price. Now we will go through different types of gaps, how to identify them, and what they may signal. TYPES OF GAPS : NORMAL GAP : From the name itself, it's a fairly common type of GAP. Such common gaps are made with lower volume and can be spotted frequently on hourly/daily charts. Common gaps are most likely to be filled . Such gaps can be used strategically to plan entries. For example, when the market made this gap (Referring to nifty chart), I was certain that it will be filled, and as soon as the market touched line L1, I took a CALL position hoping that market will bounce back after filling this gap. BREAKAWAY GAP : Breakaway gap occurs after forming patterns (Triangles, Wedges, etc) or breaking major trendlines signally a possible trend reversal. This gap is formed with heavy volume signaling a significant market movement. Consider this: If an Ascending triangle pattern formation is spotted and there is a break with high volume forming a gap, it's a sign of an uptrend. RUNAWAY/MEASURING GAP : This type of gap occurs when the market is in a particular trend for a while. Runaway / Measuring gaps signals a strong momentum in a trend. Say, the market is in an Uptrend, and a runaway gap occurs, this means the market is strong and will continue the upward movement. In an uptrend, it signals Strength, whereas, in a downtrend, it signals weakness in the market. This type of gap occurs with moderate volume. This is also known as measuring gaps because they generally occur at about halfway in a trend . EXAUSATION GAP : This last type of gap can be spotted at an end of a move. This gap is quickly filled and signals a reversal. For example, the market is moving in an uptrend and an upward gap appears that fails to sustain and slowly fades away. This signals weakness in the uptrend and a trend reversal may happen shortly. Prices closing under the gap will signal that an exhaustion gap has been formed. This type of gap indicates a state of panic in the market . TIPS : Volume is an important factor while identifying gaps. It is important to include other indicators/patterns to confirm the movement while trading gaps. //Healthy discussion is really powerful. Let's start one in the comments. Feel free to through in your ideas// Follow me to get notified of my new posts/analyses, I will be very active on this platform :)
NSE:NIFTYEducation
by pranaytrades
2
MARKET GAPS - Short and Simple explanationGAPS are areas on the chart where no trading activity took place. In an uptrend, for example, When the opening price is higher than the highest price of a previous day, leaving a blank space on the chart, it will be called a GAP-Up opening. Likewise, in a GAP-DOWN situation, the opening price will be lower than the previous day's lowest traded price. Now we will go through different types of gaps, how to identify them, and what they may signal. TYPES OF GAPS : 1) NORMAL GAP: From the name itself, it's a fairly common type of GAP. Such common gaps are made with lower volume and can be spotted frequently on hourly/daily charts. Common gaps are most likely to be filled. Such gaps can be used strategically to plan entries. For example, when the market made this gap (Referring to nifty chart), I was certain that it will be filled, and as soon as the market touched line L1, I took a CALL position hoping that market will bounce back after filling this gap. 2) BREAKAWAY GAP: Breakaway gap occurs after forming patterns (Triangles, Wedges, etc) or breaking major trendlines signally a possible trend reversal. This gap is formed with heavy volume signaling a significant market movement. Consider this: If an Ascending triangle pattern formation is spotted and there is a break with high volume forming a gap, it's a sign of an uptrend. 3) RUNAWAY/MEASURING GAP: This type of gap occurs when the market is in a particular trend for a while. Runaway / Measuring gaps signals a strong momentum in a trend. Say, the market is in an Uptrend, and a runaway gap occurs, this means the market is strong and will continue the upward movement. In an uptrend, it signals Strength, whereas, in a downtrend, it signals weakness in the market. This type of gap occurs with moderate volume. This is also known as measuring gaps because they generally occur at about halfway in a trend. 4) EXAUSATION GAP: This last type of gap can be spotted at an end of a move. This gap is quickly filled and signals a reversal. For example, the market is moving in an uptrend and an upward gap appears that fails to sustain and slowly fades away. This signals weakness in the uptrend and a trend reversal may happen shortly. Prices closing under the gap will signal that an exhaustion gap has been formed. This type of gap indicates a state of panic in the market. TIPS : Volume is an important factor while identifying gaps. It is important to include other indicators/patterns to confirm the movement while trading gaps. //Healthy discussion is really powerful. Let's start one in the comments. Feel free to through in your ideas// Follow me to get notified of my new posts/analyses, I will be very active on this platform :)
NSE:NIFTYEducation
by pranaytrades
TREND and its typesThe market never moves in a straight direction. It is characterized by so called zig-zag pattern. Depending on the direction of the market it can be labeled as "Trend of the market". A vast part of technical analysis is based on this trend analysis. The market is usually classified into three different trends. Uptrend Downtrend Sideway trend 1) An UPTREND is when the market makes a series of higher Peaks and Troughs. 2) A DOWNTREND is when the market makes a series of declining Peaks and Troughs. 3) A SIDEWAY-TREND or often called a Period of Consolidation is when the market is moving sideways (forming a channel). Price moves in a flat Horizontal pattern. This shows equilibrium. Supply and demand forces are on par with each other and nullify. It is suggested not to trade in such a TRENDLESS market because most of the technical analysis tools that we use are based on calculations of trends. There is a high chance of a false signal getting generated in such a trendless market. Waiting for a break (and maybe retest of the channel S&R ) should be a wiser idea. //Healthy discussion is really powerful. Let's start one in the comments. Feel free to through in your ideas//
NSE:TITANEducation
by pranaytrades
2
SEYA INDUSTRIES- Learning to catch Explosive stocksThis stock has a Market cap of just 159 cr. I just happened to see the stock with a HUGE volume bar. I drew the line from the top connecting the resistances and found it to be a BREAKOUT. Then, I spotted another squeeze and connected the supports and resistances after which I spotted the same pattern on the RSI as well. Next I plotted the 50 & 20 DMA and found it to be just above the breakout area of the squeeze. The MACD also is on the verge of a crossover. Lets observe and see if this stock turns Explosive or not ? If yes, Analysis is working great and we will spot more explosive stocks this way. If not , we will learn what went wrong.
NSE:SEYAINDEducation
by CannySunny
4
Long/Short Swing Trading On Basis of Market Behaviour Swing Trading in the current Market: 1) Buy Zone: Here we can make the fresh position on confirmation of reversal from support. 2) Sell Zone: Here we can either book our long side profit or make new short position after confirmation near the resistance level. 3) Breadown Zone: When the market gives a breakdown of this parallel channel then possible strong bearish move in the market. After this breakdown, we can exit all long position and make a new fresh short position for a new low. 4) Breakout zone: If market trading above this parallel channel then expected strong bullish movement in the market for new heigh so we can exit from all short side position after the breakout. Also, We can find new breakout in stocks for the long side.
NSE:NIFTYEducation
by TradZoo
11
MegaPhone PatternWhat is Megaphone Pattern? Megaphone pattern is a pattern which consists of minimum two higher highs and two lower lows. The pattern is generally formed when the market is highly volatile in nature and traders are not confident about the market direction. Normally this pattern is visible when the market is at its top or bottom. The greater the time frame is better the pattern will work. However, traders love this pattern when it is formed in a daily or weekly time frame. Key Points :- * Megaphone pattern is a pattern that consists of minimum of higher highs and two lower lows. *The pattern is generally formed when the market is highly volatile in nature and traders are not confident about the market direction. *Megaphone pattern is known to give multiple trading opportunities to the trader. *This pattern also can be traded when it fails but is necessary to identify the failure perfectly. *Sometimes only pattern is not enough to take best trading decisions you may need multiple indicators to identify better entry and exit points. How to identify the Megaphone pattern ?? * Generally, Megaphone Pattern consists 5 different swings. But the swing has to have minimum two higher highs and two lower lows. A trend line is drawn by connecting point 1 and point 3 while point 2 and 4 are also joined together to draw a line. These two lines create a shape which looks like a megaphone or inverted symmetric triangle. Below are a few characteristics of Megaphone trading pattern: *Volume plays an important role when it comes to the recognition of this pattern. *In the Megaphone Top, volume usually peaks along with prices. *An increase in the volume, on the day of the pattern confirmation is a strong indicator. Theoretical ways to trade the Megaphone pattern: Megaphone pattern is known to give multiple trading opportunities to the trader. A trader can trade Megaphone pattern as Breakout Trades Swings trades (while making higher highs and lower lows) When the Price fails to give a breakout. Breakout Trades: When the price breaks the trend line after making the 5th swings and closes outside the pattern boundary, a breakout is confirmed. Breakout may happen in positive or in a negative direction. Depending upon the market condition and the position of the pattern in the chart, bullish and bearish breakout happens. After a prolonged bull run, when this pattern is formed at the top and the price closes below its lower trend line, then it acts as a trend reversal pattern. But, if the price closes above the higher trend line and makes new higher highs in the chart then it will be termed as a Continuation Pattern. Traders can take a trade when price closes outside the pattern boundary (in whichever direction) to get the best possible confirmation of the breakout. For educational Purpose Mega phone Pattern Under construction stocks are below- * V Guard Industries *Solar Industries Limited. *Blue Star Limited. *Rattan India . Kindly Let us Know if you have any Questions. Thank You
NSE:ULTRACEMCOEducation
by PrasantaP
6
How I Catched RR 1:14 in 1 Month | BAJAJ FINANCE In My Journal I Also Have Chart Of Entry Time But Because Of Reputation <10 , I Am Not Able To Post It I Entered In Date 27-Oct-2020 , Using Expiry Of Nov.26.2020 , At Price 3335 I Placed SL. At Price 3236.50 & After Holding Patiently I Catched RR Of 1:14 At The Same Time Stock Jumped 40-45% From My Entry. While Entering My Target Was At = 3700 & I Holded It Till Now..🤑 I Hope You've Learned Something From This Post Of Mine. Key Things About MEe.👇 I Started Trading In The Start Of Sep.2019 I Lost A Lot Of Money In Day Trading. But Swing Trading Works Well For MEe. I Follow Checklist Made In "Notion" While Selecting Stock. I Journal My Trades & Also Take Screenshot While Entering & Exiting. I Think I Have Winrate Of 50-60% RightNow.
NSE:BAJFINANCEEducation
by CT143
2
NIFTY50 CAN MOVE IN A DOWNWARD TREND NOW !Hey There !! Prepare yourself for another round of selling in NIFTY50. Since in today's market, NIFTY50 has formed a red bearish candle after a green candle formed yesterday, it's an BEARISH ENGULFING pattern plus it is formed on a resistance that means a double conformation that market may go downward from here. You may see a Gap down opening tomorrow. In the coming times nifty may show 9800 level again. All the best. Happy Trading.
NSE:NIFTYEducation
by Mehulbagga
2
Tata Motors driving down?Long term perspective Further down side expected in Tata Motors Basis:- 1. 5 day SMA below 20 SMA indicating downtrend 2. RSI on monthly and weekly chart below 40 3. Negative reverse divergence indicated by RSI forming higher bottoms and the chart forming lower bottoms (marked with black arrows) 4. Good red volumes The chart in the post is candlesticks. Reverse divergence can be better seen on the line chart. Do follow, like, share if you like my post Simple analysis. NSE:TATAMOTORS
NSE:TATAMOTORSEducation
by MohitKakkad