GOLD TRADING POINT UPDATE >READ THE CAHPTACINBuddy'S dear friend 👋
Gold Trading Signals 🗺️ Update Gold Traders list week NFP Dita expect it USD Fundamental analysis Update Gold Not sure move up trand not short trend 📉📈. I expected it 😮 today night 🌉 market open start Short Trade. Technical analysis setup
Gold 4 H chart candle close below 2609 this week next target we'll see 2500 ?!
Resistance level 2655 2665
Support level 2621 2605 2500
Technical Analysis charter patterns
Support ✨ My hard analysis setu like And Following Me that is star ✨ of game 🎯
Trainglebreakout
GOLD TRADING POINT UPDATE >READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️🗾 Update gold 😁 ready for big below 👇 trend 📉 Gold Traders SMC-Trading Point still holding Short Trade today gold test supply zone rejected oderbolk going to Short Trade Now entry ☺️🤝 2673 target we'll see 2500
Resistance level 2677+2772
Support level 2653 -2616 2500
Support 💫 My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎯
Triangle formation & EMA 200 in Heritage FoodNSE:HERITGFOOD
Triangle breakout is about to be formed with EMA 200 crossing over.
A confirmed breakout requires being above 520 and sustaining it. The target is the next big resistance, which is 645. Keep the SL at 475 or swing low.
For lower risk, keep looking for big positive volume, with EMA 200 and 50 below the candles.
GOLD TRADING POINT UPDATE >READ THE CAPTAINBuddy'S dear friend 👋
Gold trading analysis map 🗾 update gold traders Gold making a bearish flag playing Short Trade 📉 list week market closed 2650 today night 🌉 market open close below 👇 2648 Gold playing Next target 🎯 2500 Buddy's wait for confirm close below that flag that entry open start analysis
S upport ✨ My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎮
Tight Range Breakout | MFSLFor Education Purpose only!!!!
**MFSL stock is already up by 3%, but it’s holding up well in this falling market. I'm charting this stock just for my own perspective and clarity, though I may not be 100% accurate.**
FIIs are playing their old trick:
1️⃣ Push prices down 📉
2️⃣ Buy cheap stocks 💰
3️⃣ Wait for rate cuts 📊
4️⃣ Profit big in the next bull run! 🚀
Retail investors, don’t fall for the fear!
✅Stay invested—smart money knows a bull run is coming!
News has circulated about the index predicting a target of 24,000 for Nifty and 50,500 for Bank Nifty. The price has already been quoted in the reports.
⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡FNO Stocks Trading📉📈📊
✅Check out my TradingView profile to see how we analyze charts and execute trades.
💡✍️Applied Tools:-
✅Strong Chart Pattern Breakout
✅Channel Pattern
✅Range Breakout
✅Resistance becomes support
🙋♀️🙋♂️If you have any questions about this stock, feel free to reach out to me.
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✍️COMMENT Below your view !
Gold may reach All time high in coming days.Analysis of Gold has been given in the chart,
What we need to understand over here is small/minute details
which plays a very important role.
There is this plain thinking or myth or possibility that I've heard
is that When Gold price shoots up equity market goes down.
I am observing this for quite a long now,
so sometimes it works and sometimes it doesn't but what we can extract from the data is helpful, it works 80%of time.
Just to keep in check we can take trades according to this type of significant analysis.
PS: This is just for educational purposes.
If you have any doubt feel free to reach out.
Regards.
Upside 10 %
Good Day ,
Hello Traders,
Ease My Trip is showing some strength as the triangle is getting squeezed n weekly basis , can give 10 % Upside. With 376 as strict Stop Loss on can enter and aim for the target of 430 and 440
Chart Self explanatory
Time Frame : Weekly
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
Nifty Spot Big Move Around the CornerAs predicted in early post Nifty remains in Complex Correction i.e Triangle , Good news is Big Move around the corner.
Technically on the daily charts major Nifty Spot Trend line support comes @ 16900 whereas minor resistance on the upside is capped around 17466 level.
Closing above 17466 on upside we are heading towards 18300 .
Closing Below 16900 on downside More weakness towards 16000 .
Below 17100 only Nifty Spot looks Weak for now.
Watch 14 RSI above 50 bullish and stays below 45 weak.
Above views For Educational Purpose Only.
Regards,
MD
Descending Triangle - Full ExpanationWhat is descending triangle ??
The descending triangle is one of the top continuation patterns that appears mid-trend. Traders anticipate the market to continue in the direction of the larger trend and develop trading setups accordingly.
The descending triangle is a bearish pattern that is characterized by a descending upper trendline and a flat lower trendline that acts as support. This pattern indicates that sellers are more aggressive than buyers as price continues to make lower highs. The pattern completes itself when price breaks out of the triangle in the direction of the overall trend.
Element Of Descending Triangle
The descending triangle is fairly easy to spot once traders know what to look for. The below method can be applied to all financial markets.
1.)Downtrend: The market must be in a downtrend before the descending triangle pattern appears. This is important and emphasises that traders should not simply trade the pattern whenever the descending triangle appears.
2.)Consolidation: The descending triangle then appears while the market enters the consolidation phase.
3.Flat Lows Or Flat Line Lower trendline: The lower trendline acts as support. Price often approaches this level and bounces off until the breakout eventually occurs.
4.)Decsending or Lower Highs: While the market is consolidating, a downward sloping trendline can be drawn by connecting the highs. This downward sloping trendline shows that sellers are slowly pulling the price down – which provides further support for a bearish trading bias.
5.)Breakdown & Trend Continuation: After price posts a strong break below the lower trendline, traders will look for confirmation of the pattern via continued downward momentum.
Calculating Target
The descending triangle, often referred to as the ‘falling triangle’, has an inherent measuring technique that can be applied to the pattern to gauge likely take profit targets.
For the descending triangle, traders can measure the distance from the start of the pattern, at the highest point of the descending triangle to the flat support line. That same distance can be transposed later on, starting from the breakout point and ending at the potential take profit level.
The illustration below shows the distance from A to B can be transferred lower down, from C to D, in order to project a possible take profit level.
How to trade Descending triangle
When trading the descending triangle, traders need to identify the downtrend and this can be seen in the BANKNIFTY 15 Min chart below. Thereafter, the descending triangle appears as the candlesticks start to consolidate. The measuring technique can be applied once the triangle forms, as traders anticipate the breakout.
After viewing a strong break below support, traders can enter a short position, setting a stop at the recent swing high and take profit target in line with the measuring technique.