After strong down trend and multiyear consolidations finally price out from downtrend .
When price consolidate in a tight range and break the range then high probability price continue the trend .
To understand the Dollex, let us take a hypothetical situation. Assume that the Sensex was at 40,000 in January and has now grown to 50,000 in December. That is a phenomenal 25% appreciation in the Sensex and if you are an Indian investor you would be extremely happy. However, if you are a foreign portfolio investor or FPI, you also worry about the rupee/dollar...
If price gap down tomorrow then best for this setup .
Hammer candlestick act as a reversal and above hammer high we will see a continuation move with the stop loss of hammer low .
olden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. 50-day simple moving averages (SMA) crossed their 200-day SMAs
When price break the well defined resistance line then high probability we will see a continuation move .
When price break the well defined resistance line then high probability we will see a continuation move .
Price break 200 Day exponential moving Average after multiple time test the line . High probability we will see a continuation move !!
When price break the well defined resistance line then high probability we will see a continuation move .
The Falling Wedge is a bullish pattern that begins wide at the top and contracts as prices move lower. This price action forms a cone that slopes down as the reaction highs and reaction lows converge. In contrast to symmetrical triangles, which have no definitive slope and no bias, falling wedges definitely slope down and have a bullish bias. However, this bullish...
Price break the multiyear resistance zone and now ready for upmove . This month low act as a Stop Loss !!
#Breakout Alert #ADFFOODS weekly setup . Todays low act as a exit point .
Initial sign of Trend Reversal with extremely high volume . i know price up 20% today but this type of candles low maximum time price not break . #mstc
After any rejection candle near multiyear support we will see some bounce in this stock !!
When price consolidate near life high and break the consolidations zone with high volume then high probability price continue the rend .