Tradingsignals
EUR/USD Trade Setup - The Euro still looks bullish when compared to the USD
- The USD has shown some huge downside, now we can expect some relief and bounce back
- The Euro still shows signs of bearishness IMO.
- The Euro can rip your longs if you are looking for one, prefer setting up long-only bias once the base is set and the trend in intact.
MINA USDT Swing Long Setup - Mina has a very bullish structure
- Mina can shoot up impulsively from here
- From a trading perspective only add Mina in the retracement shown in the chart
- I will not add longs before that, keep your entries very conservative or one crash can destroy your whole account
SAND/USDT Swing Long Update - Sand so far has just started recovering it's lost price
- Sand has recovered 30% only remember it has more potential
- Sand has more potential to keep going up
- Hold Sand in your bags
- If you are looking to add sand in your bag for trading purpose then I would suggest waiting for a 20% retracement at least
Ada/ Cardano USDT Update - Cardano is so far 150% up from my POI and entry
- Youtubers and Big Bank Traders will now ask you to buy the FOMO which makes no sense
- You either stack or starve in Crypto it's as simple as that
- You can still hold Cardano if you want the money is flowing into Major Alts
- Do not take FOMO entries here or short Cardano without a strong confluence
- If you want to enter ADA/Cardano wait for a strong retracement.
NMDC (12 Year Breakout Candidate)NMDC has given a multi-year breakout. The stock has a possible upside of 210,260,311 in the long run. Also, good volume can be seen on the chart. One can place a stop loss of 152 (M) on a closing basis. 163-170 Can act as a support zone. #NMDC
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment.
Gold Short Trade Idea - Gold is currently trading in a bearish trend
- Do not trade either side market can deleverage you
- Keep a close watch on DXY
- Let Gold mitigate 2035-2050 first
- This can be a zone to pull off some good shorts in Gold
- Wait for the execution and do not rush over it
- I am bearish on GOLD
Ethereum Swing Trade Update- Bitcoin has moved up massively
- It's time for Ethereum to move up and show some great impulsive moves as well.
- Hold Eth do not trade it or sell it cheap
- ETH can easily reach 5,000$ conservative target and a realistic one
- Not selling dreams of 10-20k$ but yeah 5,000$ looks easy for ETH
IRCTC: DOUBLE BOTTOM CANDIDATEFrom Nov'22 high stock was under pressure and tested the Jul'22 on 27-Mar'23. From there prices are bouncing back forming higher high and higher low on the lower degree time frame. There is also a formation of INVERSE HEAD & SHOULDER PATTERN which is a bottom reversal pattern whose neckline is 655 and currently prices are trading above this level on weekly chart which should be considered as the breakout of this bottom reversal pattern. The measured target for this pattern is coming about to be in the region of 775-780 zone which is also the neckline of Double bottom pattern on larger degree front.
TRADING STRATEGY:
Buy 662, SL: 616 TGT: 775-780