TRADELIKEPROFFSIONALS

TRADELIKEPROFFSIONALS

The price is make a descending triangle pattern Wait for breakdown or BREAKOUT with strong candle If donot know how to avoid fake breakout then see my earlier post Target using moving average until it cross below SL according to ur risk management

TRADELIKEPROFFSIONALS

Never go against the trend so price is in down trend by respecting 50 SMA I don't recommend you to go for long but u can go short when price go up and took resistance from 50 sma And show a price rejection candlestick pattern Best of luck and keep patience

TRADELIKEPROFFSIONALS

The price is going down by making lower lows and Now the price is break the lower low pattern and start moving Up by crossing 50 day sma on hourly time frame Wait for price rejection and closing above 50 sma and go for swing trade until it cross below 50 Sma The price may break down and the next support level Be patience and learn from ur mistake

TRADELIKEPROFFSIONALS

On daily time frame this is example of descending triangle pattern Whenever price breakout or breakdown it will make a pullback or A flag like pattern this good entry if u miss the trade Alway trade on higher time frame for more accurate setup THESE ARE CHERRY PICK EXAMPLES

TRADELIKEPROFFSIONALS

The price is at very critical level just watch closely The price can break at both side but in my opinion The thing that price may move up TOOK ENTRY TO TRADE WHEN U SEE A BULLISH CANDLE STICK (LONG) TOOK ENTRY WHEN PRICE BREAKDOWN WITH BIG BEARISH CANDLE ( SHORT) BEST OF LUCK AND BE PATIENT

TRADELIKEPROFFSIONALS

First see that the price is respecting 50SMA and one it break I donot enter the trade but wait for retest at 50 SMA And I find a rejection with bearish engulfing candle I go short and capture one swing NEXT MOVE the price may come back to 50 or it went down to 100 SMA Because it usually happen when price break 50 it went down To 100 SMA Only enter for...

TRADELIKEPROFFSIONALS

This is the best setup that work best for me Whenever price rejected from any support or resistance level I enter the trade This setup work because trader go short and put their stoploss near the support level so because of this she price Make a move upward for retest the stoploss of short trader hit and they exist which help price to move sharply Secondary...

TRADELIKEPROFFSIONALS

The price after a downtrend move consolidate in a range The price can show both move upward and downward You have to be cautiously take trade only when price move and do 2 things 1) take a pullback or 2) take a retest ALWAY SEE NIFTY LEVEL BEFORE TAKING TRADE IN STOCKS SEE MY EARLIER POST TO AVOID FASE BREAKOUT LINK BELOW

TRADELIKEPROFFSIONALS

Only take entry when price show a strong rejection

TRADELIKEPROFFSIONALS

you can se that price is stuck in the range on 4 hour time frame I prefer to take entry on the first pullback after breakout or breakdown But in this case I enter the trade with breakdown become I get 2 confirmation The RSI level is falling below 50 and a golden crossover of 50 and 200SMA SL - NEAR THE CROSSOVER TARGET - AS MUCH U CAN GO WITH HELP OF MOVING...

TRADELIKEPROFFSIONALS

HEAD AND SHOULD PATTERN I am sure that you heard about the head and shoulder pattern this is the best example of head and shoulder Head and shoulder pattern is good for reversal of price but if u trade head and shoulder in isolation The. U must stop out . THE strong uptrend donot reverse just...

TRADELIKEPROFFSIONALS

If u want to trade breakout then you have to focus on price action Near resistance level # The price unable to break a resistance level for long time First time the price break the resistance but it is a feke breakout Second time price break and show a massive move How to avoid fake breakout # have patience the price do 3 things if it is real...

TRADELIKEPROFFSIONALS

If you want to trade breakout unhave to keep some points in ur mind 1) See price action near the resistance level # price consolidation # candlestick pattern # volume 2) If u miss the trade on BREAKOUT level don't worry price will do 2 thing # price retest the key level # price take pause in terms of...

TRADELIKEPROFFSIONALS

BULL TRAP The price is taking resistance from a key level many times . The trader are waiting for price to break the level The fourth time the price breakout the key resistance level the immature trade took entry without confirmation Of ( pullback, retest or consolidation) and had stoploss below the...

TRADELIKEPROFFSIONALS

The price is stuck in the range on 4 hour time frame and now it is going to break upward and use 50sma According to great traders the price penitrate Moving average 2-3 times before trending (50SMA) You can go for long position if price break and ( retest or take pullback ) Target - as much as u can go with help of Moving averages SL- Below the resistance level

TRADELIKEPROFFSIONALS

The price making a inclined traingle just wait for an upward breakout of price. I will not recommend u to go short Once the price close above the resistance level see for MACD bullish crossover and RSI level must near oversold Area If u want to go safe then wait for price to take pullback or retest after breakout You can make u profit moving with help of...

TRADELIKEPROFFSIONALS

CROSS OVER OF 100 AND 200 MA ON DAILY TIME FRAME A very good entry on the bounce of 100 moving average on 200 SMA You can go for long entry because their is great support of 2 moving Averages but if price go down just wait For an upward rejection for long entry I will not recommend u for short entry...

TRADELIKEPROFFSIONALS

The price take bounce from 100 SMA on daily time frame and second confirmation is the RSI level Entry when shows an upward movement Exit with help of (5,10,21,50,100,200) which is more suitable for price SL - 200 SMA below Target as much u can with help of moving averages Best of luck