PVR Cinemas is a film entertainment public ltd company in India. (You know very younger and trend of younger)
REMARKABLE points are the following:
the primary trend is an uptrend.
up trend from 2013 to 2019 (in continuation)
retracement support @903 nearby with 38.2%
suppose, if you have seen 750 in price then fall will -64% fall from the...
. There is a possibility of temporary retracement to suggested support line (0.8769). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. EURGBP is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance....
suppose to sustain above 21494, price push more up 300-400 points on DJIA.
Valid R 21518
=> There's still a chance to push price 20532 and 20415 if the price is trading below 21518.
Exactly resistance was taken as yesterday predicted.
. There is still a possibility of temporary retracement to suggested resistance line (1.7455). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. GBPCAD is in a range bound and the beginning of downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic...
I'm having bearish sentiment.
1. Usdinr at lifetime high.
2. Rsi strong bearish divergence.
3. price is in a consolidation triangle zone.
Question is, which way? I'm seeing probability is downside as per ordinary theory.
- Inside Bar
- Within the zone of Morning Star
- pull back from recent High
- Edge of Support Zone
- Slow downward movement
- 3 Inside Bars in last 8 Bars
- Ended the day with small ranged Hammer