Bravetotrade

Bravetotrade Mod Updated 

Hi All, The Investment Points: It can be observed from this weekly chart that in the bear markets of 2011 and 2015, the Index formed bottoms near 200 EMA. Those yellow circled marked on the chart proved to be excellent buying/investment opportunities. If I have to load my money for greatest investments, it will be at the same point. Nifty Took Support...

Bravetotrade Mod

For me, an indicator is a tool that provides me a message how the market 'may' behave in future. Which not at all means that the market 'will' behave as has been indicated. Almost all successful traders will agree with me if I say that there are no 'Red' and 'Green' signals in the market. For example in the current market scenario, the index has been drifting down...

Bravetotrade Mod Updated 

There is a Bearish Bat formation in the making. Also there is a gap fill zone near the BAt PRZ. So I do expect some resistance at 10440-10470 zone. It could be a zone to book profit on long trades. I will wait for price rejections before initiating any short. Enjoy Regards

Bravetotrade Mod Updated 

Hi All, If you press the play button in the following post you will see that the market overshoot a little above 11600 target marked with a yellow arrow on the chart. Not only that it overshoot the price target but it also overshoot the time target. According to fib. time zone projection, the target was to complete in March 2019. But the target was achieved in...

Bravetotrade Mod Updated 

Hi I think market is at a crucial juncture so there is need to do some analysis. Market has been in a very choppy range for the last week or so. The minor trends in this range were down as market has been making lower highs and lower lows. What if this downtrend continuous? Market has tested an important 50 % retracement level of 10856 on Friday. If market...

Bravetotrade Mod Updated 

Notes on the chart. Good Luck.

Bravetotrade Mod Updated 

Notes on the chart. Enjoy the weekend. Regards

Bravetotrade Mod Updated 

Long trade will be opened above 345 for 355-362 zone target. A tighter stop could be below 336 but the pattern stop is below 325. If stock falls instead of opening long trade above 345, sub-patterns can be seen on lower TF for better entries. There is one more reason besides cypher that I am looking for pullback? The hint is in the chart. Trade only if you can...

Bravetotrade Mod Updated 

Notes on the chart. Enjoy the weekend. Regards

Bravetotrade Mod Updated 

Hi I was looking for a harmonic pattern completion (on the downside) before getting involved in this stock. But the stock changed my bias by breaking above a falling trend line (red) and the cup and handle pattern neckline. Long Idea The Risk For getting into this trade, the risk could be (traditional) low of the handle (162) or the more aggressive 170...

Bravetotrade Mod Updated 

Hi Here I come with another educational post. This time I will try to explain the breakout failure pattern along with the psychology and manipulation behind them. For the sake of simplicity, I am taking examples of historical support and resistance levels. I will only explain the breakout failure pattern assuming that the breakdown pattern will be read upside...

Bravetotrade Mod Updated 

VWAP stands for Volume Weighted Average Price. In simple terms it is the average price weighted by volume. Don't worry I ll explain. The Calculations: Firstly the average of the high, low, and close: (H+L+C)/3, is calculated (technically known as the typical price). This typical price is multiplied by the candle's volume (depending on time frame used). The...

Bravetotrade Mod

Take it as educational unless you understand the details of this strategy. I suggest you to backtest yourself, to understand entries and exits, before putting it in your trading repertoire. Rules: ------- Only Long trades when price > 55 EMA Only short trades when price < 55 EMA...

Bravetotrade Mod Updated 

Hi all, So finally we broke out of ranges. But the problem is that we are not consolidating, which recalls me of a saying "the quick you gain, the quicker you lose". Yes, we are in strong momentum and everybody is in breakout euphoria. But there has to be a point of saturation, which I suppose is near 11033. I don't say that it will be the end of this rally but...

Bravetotrade Mod Updated 

Hi We saw a strong bearish sell-off on Monday morning which soon turned into a slow and steady bullish mood. We hindered at the Gartley PRZ @ 10775-10785 (mentioned in last week's post) for two days before breakout. I updated on Friday to beware of a failure that might occur above the downtrend line and it just did that. Bears took control and the potential...

Bravetotrade Mod Updated 

I believe that this month could decide a clear direction for us. This week it had a breakdown below 10700 support level and an important trendline (of course signs of bearishness). But the Friday's pullback was as strong as the breakdown. To my surprise there was no sustained reaction from 10700 and it managed to close above support. What Next? Scenario 1 : We...

Bravetotrade Mod Updated 

Notes on the chart Regards

Bravetotrade Mod Updated 

Notes on the chart. Regards