A LONG setup found in HALa good long setup in hal
in weekly time frame a good uprand can be seen
so we wait for a short term correction in daily timeframe
Trend
CDSL#CDSL
CMP 1118
If this turns out to be a valid Bearish Pennant, it can take the price little lower and form a Lower Low.
This can also form a RSI Bullish Divergence then and help move the price above.
The bearish pennant seems even more valid in a weekly Timeframe
reliance industries take support from previous support line and also green candle formation.
70% chance to move upward and 30% chance to move downtrend.
i think price should cross the 200 ema first w should make buy postion.
hulafter doji candle formation give confirmation by next bullish candle and show up trend.
marubozu candle formation which is bullish candlestick.
stock above 200 ema which also a bullish signal.
ressistance line as well as traingle break with high volume.
hulspinig top candle formation and
give confirmation by next bullish candle.
50-50% chance of trend from current level
adani wilmarwait for breakout or breakdown.
if breakout then make sure candle close above 610.85.
once again triangle formation.
Reliance industries Due to negative news price has fallen very much which is unexpected.
And as I discussed in previous chart I also give the support and bounce back exact from same level.
But this bounce back is for short term.
deepak nitriteCheck chart.
All things are uncertainty due selling pressure on overall market so wait for confirmation and always take a dip on support.
deepak nitritesmall traingle foramation so wait for traingle breakout as well as ressistance.
volume- down
price trend - down
give signal that reversal from here
next support level is best to buy.
cdsltrends are sidewways so wait for breakout or breakdown of box.
but buy only on support orafter trend ressistance breakout.
asian paintwait for support.
w pattern and double bottom
ressistance becomes support and break down
stock is below 20/50/100/200 day moving average
HulBearish hammer formation after doji candle and give confirmation bye next bearish candle.
Candle also on minor support.
Trend are negative.
EURUSD opened the door for sellers ahead of ECB ForumNot only a sustained trading below the 200-EMA but a clear downside break of the short-term ascending triangle also keeps EURUSD bears hopeful as traders await major central bankers’ debate at the ECB Forum. That said, 1.0460 appears the immediate support for the pair sellers to aim for ahead of looking at the yearly low surrounding 1.0350. During the fall, the 1.0400 round figure may offer an intermediate halt.
Meanwhile, a fortnight-old triangle’s support line, now resistance around 1.0560, restricts the short-term rebound of the EURUSD pair. Following that, the 200-EMA surrounding 1.0600 and the triangle’s upper line near 1.0620 could challenge the buyers before giving them control. Should the quote manage to remain firm past 1.0620, the upside momentum could then target the 1.0700 psychological magnet before the monthly peak of 1.0773.
Overall, EURUSD has already flashed bearish signals ahead of the week’s key event, which in turn makes it comfortable for sellers. However, the recession may probe policymakers from the ECB, BOE and the Fed, making it important to be cautious before taking big positions ahead of the event.
USDJPY is ready to refresh multi-year highUSDJPY sustains upside break of a weekly resistance line, now support around 134.85, as bulls brace for the fresh multi-year high, currently around 136.70. In doing so, the yen pair could aim for the 61.8% Fibonacci Expansion (FE) of May 24 to June 16 moves, near 137.20. However, a convergence of the 78.6% FE and the upper line of the monthly bullish channel, near 138.80 by the press time, appears a tough nut to crack for the buyers. In a case where the quote remains firmer past 138.80, the odds of witnessing the 140.00 threshold on the chart can’t be ruled out.
Meanwhile, pullback moves may retest the resistance-turned-support near 134.90, a break of which could direct USDJPY prices towards the aforementioned channel’s lower line, close to 133.90. Should the pair drop below 133.90, the sellers could target the 133.00 round figure before challenging the broad support zone around 131.30-40 comprising 200-SMA and multiple levels marked since late April. It’s worth noting that the bear’s dominance past 131.30 won’t hesitate to conquer the 130.00 psychological magnet.
Overall, USDJPY is likely to witness further upside and can renew the multi-year top marked during the last week. However, RSI conditions could join the 138.80 key hurdle to challenge the advances.
USDJPY Trading Plan - 27/Jun/2022Hello Traders,
Hope you all are doing good!!
I expect USDJPY to go DOWN after finishing correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
SBI LIfe @sbilife again in raizing channel looking good for long now
also bounce from the trendline in near term
looks good for long term purpose
Dow jones Bullish divergence on weeklyDow jones have a bullish setup on weekly chart with bullish divergence.
Nifty 50 1.global sentiment weekly positive
2. war was not end
I was Not clear about nifty for this week
(Chart shows a breakout )
(small Up Trend )
1.IF Tomorrow gap up 5 min or 15 min candle if break the resistance 15720 .. if we can see the price action for buying side and exit at the target price
2.If Open in flat wait for the trend up side or downside Or it may have side ways then take the trade
3.if gap down cross wait For close the 5 min or 15 min candle. see the price action then crossed 15533 buy and wait for the target
Weekly high and low should be mark
when 1st time hit resistance and halt for 1 day or 4 to 5 hour may change the trend .. Monday may gap up it may have chance to up side
Possibility my have on up side (up to previous week swing high)
Note . this just prediction. market can happen anything
HINDLCOWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
NIFTY 50Wait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
ADANI ENTERWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
EUR-CHF 1D TIME FRAMEprice is settling at the support bar and possibly bouncing back to the 0.50 level of Fibonacci retracement . looking for a buying OANDA:EURCHF opportunity in this pair on Monday. Have a nice day to all.
