IEX LongWeekly Chart:
entry point : 151 above
Stop loss: 132 below
Target : 192
risk-reward: 1:2
Disclaimer : All information is for educational purpose only.
kindly like or dislike the idea as per your view.
IEX trade ideas
head and shoulder pattern in Indian energy exchange (EIX)EIX recently took support at weekly 0.66 level of fibonacci retracement.
And currently making head and shoulder pattern in daily chart at a crucial level , looking good for long position .
target 170
IEX is about to complete it's correctionIndian energy exchange is now about to complete it's correction ,it is doing a double correction in major wave IV, fifth to the upside is still due. We can expect correction to complete near 124.85-125.85 and then final V wave target will be 407.
And I'm expecting fifth to be extended because normal projection limit of wave V are 0.382 & 0.618 but as you can see these levels are already under wave III so wave V will be an extended wave.
Price Action Chart Of Indian Energy Exchange #IEXIt's a breakout in IEX if it sustains above 145 then it can hit 165 and 175, the major resistance is 190 and closing above it can change the trend from down to uptrend.
On the other hand, if it goes down then the major support is at 130.
CMP 150
TP1 165
TP2 175
TP3 190
#IEX
#IEXStock is near to give BO post forming triangle pattern, also a good fundamental stock with zero debt where company declared for buy back its shares which indicates positive for the company in longer run...best level to accumulate at 140-150 levels.
INDIAN ENERGY EXCHANGE - DAY CHART - 04.12.2022INDIAN ENERGY EXCHANGE as per Day Chart Analysis Stock ABOVE 152 TARGET 154.
Happy Profitable Trading to All...
IEX for short term same inverse head and shoulder formation for a good run of stock towards highs
target1-164
target 2- 178
Double top formationExpecting IEX goes side ways like vedl. After double top formation IEX goes sideways or range bound within certain range for some days.
[POSITIONAL] IEX LONG BET risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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IEX back again???iex is on trade line breakout wait for few week it can give 10 to 12% return.
buying after 150, getting momentum and positive in few week
Inverted head and shoulder in IEXInverted head and shoulder pattern has immerged at IEX, indicating good up move.
IEX breaks out IEX shows massive potential, it breaks past its
1. 50ema
2. triangle break
and TIGHT consolidation break on high volume
Stop loss below the base of the triangle/consolidation
target at T1 T2
Keep It Simple
IEX 4HR SWING TRADE IEX formed inverse head and shoulder it's breakout and retest succesfully we can enter this trade
Entry : 147.80
Target : 163.30
SL : 143.50
Risk reward ratio : 1:3
IEX bullish IEX bullish for long term period. Price reacted from weekly demand zone.
Stock ready to buy.
#IEXAbove 147 Shunted till 163 levels
At the moment reaches ICMC to retest it
LH shall confirm once the low of the candle (141.25) is breached.
IEX | INVERSE HEAD AND SHOULDER > IEX
> Forming inverse head and shoulder pattern
> Good to buy above 147
> Targets can be 165 , 175 ++
// Make decision on your own risk , This post is for educational purpose only //
IEX - Inverted HnS breakout - Trend reversal - Go LongIEX has given inverted head and shoulder pattern breakout at 147 levels.
It seems to be good for long from medium to long term prerspective.
Initial targets are coming to 164, 174.
SL: Daily candle close below 145.
IEX Very BullishBut iex broken out from Trend line and gave good Closing today buy back issue also supporting
IEX longIEX showing a long reversal trend.
We gonna go up now
Breakout of RSI and rising volumes is an indicator of the up trend. SL as per appetite 139.2
