Price Coming Out Of Cup & Handle Pattern. Stop Loss Below the Breakout Candle.
•We have a bullish cypher in play here. Within the harmonic category of patterns, the cypher is a reversal configuration. •The cypher formation frequently occurs during a market trending period (HTF) and presents as a terminal move. •Next is a trend reversal.
in higher timeframe market is currently bearish forming LH and LL. market after hitting a 1d imbalance form CHofCH 1h 4h timeframe telling market could possibly reverse from downtrend to uptrend in lower timeframe to fill the imbalances which was left open. market came back and fill the imbalance below and show a large push up showing buyers are in control there...
This is a 180 Min TF NIFTY chart. By the end of this post we would try to understand the short term trend and the trade setup for the next week. An update on daily basis will be given in the update idea section. - TIME CYCLE: If we study the time cycle starting at 17 June 2022. I have adjusted the cycles at certain TF for better adjustment. We can observe the low...
Bank nifty breakdown and retest done we can trade for next TGTs.
For 14 oct. nifty 50 analysis on 15 min timeframe we can trade on direct breakout on both direction and for swing wait for retest entry
We anticipate a 5% increase in these stocks from here, but please do not invest more than 5% of your total capital in these stocks at this time.
Triple bottom pattern breakout and build up in all time high zone. Tata chemicals is on its way to give big gains!
EURUSD bears take a rest around the two-week-old horizontal support area while waiting for this week’s key catalysts, namely FOMC Meeting Minutes and US CPI. That said, sluggish RSI and bearish MACD signals join the quote’s sustained trading below the 50-SMA to keep sellers hopeful. However, a clear downside break of the 0.9665-50 region appears necessary for the...
Arvind fashion running in a rising regression channel price trading running above 200 DMA stock getting volumes RSI taken support over 50 two time and running above and rising if stock again touches down side trend line then it will be good level for buying if down side trend line breaks down then can be more down side if stock breakout and sustain above trend...
As per graph and RSI, looks good above 433 to reach 480+ Not a Trading Idea.
NSE:NIFTY1! we are seeing a hammer candle after a DRC breakout and plus bullish engulfing after that. It's a clear sign that bulls are there. Everything else is noise just to throw out the retail. The only point one can be pure bearish is after we give weekly closing below hammer low.
NFP or Non Farm Payrolls is one of the most important economic reports that forex, commodity, and stock traders follow because it can act as an indicator for health of the US economy. The NFP reports on the number of jobs added to the US economy in the previous month excluding those employed by farms, the federal government, non-profit organizations and private...
🚀 Expanding Triangle Breakout. 🚀 Stop Loss Below Breakout Candle. 🚀 Target of 25 % From Current Levels.
After a long bearish move market started to recover / fill the imbalance which are left open before further selling off. The idea of this trade came when market failed to respect a 1h demand and continue up forming HH and HL. So, what I am expecting market will go further to fill some larger imbalance and the us dollar is weak right now so it increases the chances...
Although the RBNZ didn’t disappoint, like the RBA, and announced a widely expected 0.50% rate hike, the NZDUSD pair remains mildly bid after refreshing the weekly top. In doing so, the Kiwi pair stays below a one-week-old horizontal hurdle surrounding 0.5750. With this, the odds of the quote’s pullback towards the latest swing low near 0.5680 can’t be ruled out....
Nifty looking bullish as inverted head and shoulder in formation
Whenever there is rejection from two perfect trend lines intersection point. there is more probability of price going down or going up.. For up side rejection must be lower. and for down side rejection must be upper