Price Action Trading Plan - Beginners Step 1 :Before you trade, consider your strategy for the day and how much risk you are willing to take. Step 2 : Determine whether the market trend is bullish, bearish, or sideways. Step 3 : Plan for proper entry and exit once trends have been identified. Step 4 : Avoid trading under duress. Be committed to your plans...
History of Stock Market Crashes In India In this post we'll go back in time and examine various known and unknown stock market crashes in India. When is it said that the stock market crashed? Every participant in the stock market has heard the term "stock market crash." But how many people understand what it really means? When the Nifty falls by more than...
Bitcoin "Channel Trend" Hourly Time Frame Analysis The above chart of Bitcoin laid out an ascending channel pattern, also known as the rising channel . The upper and lower trend lines that connect the higher highs and higher lows respectively appear to move within a rising slope. This pattern is generally a characteristic of a bullish trend . Currently,...
Bitcoin Update "8-12-2022" Bitcoin has been spotted on "Horizontal Channel" Pattern Structure on the 15 Mins Time Frame. Bitcoin is currently trading around 16840$. If a breakout occurs, gold could reach the 17140 $ resistance level . If the trend fail, the price of Bitcoin may fall to 16700$. Happy Trading
Kava (KAVA) Price Prediction 2022 Kava (KAVA) holds the 106th position on CoinGecko right now. KAVA price prediction 2022 is explained below with a daily time frame. The above chart of Kava (KAVA) laid out a descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the...
Bitcoin Analysis 6-12-2022 The descending triangle is most commonly seen during downtrends and is often interpreted as a bearish signal. The ascending triangle pattern is reversed in the descending triangle pattern. As the price continues to make lower highs, descending triangles indicate to investors and traders that sellers are more aggressive than buyers....
Bitcoin "Double Bottom" Bitcoin Update "5-12-2022" Bitcoin has recently encountered a pullback at the Support Level . Currently, Bitcoin is trading in the 17070 range. If a breakout occurs, Bitcoin may rise to the resistance level of 17400. If the trend fails then price of Bitcoin could fall to 16960. Happy Trading
BTC -> Triangle Pattern Continuation ? BTC has been forming a Higher High and Higher Low structure in the form of a triangle breakout continuation since November 15th. Now we are in the phase of the third triangle breakout. Based on the previous pattern structure , we can expect price to fall to 16580, and then rise to 17600+ Happy Trading
Edelweiss -> Waiting for Breakout ? Since the beginning of November, the stock has gained 24%. It is currently forming an Ascending Triangle Pattern. Based on the pattern scenario, we can expect the price to fall to the 62-60 level before continuing to rise. Currently price in the range of 67 Rs,If the pattern continues on the higher side, the price may rise to...
BTC "Trend Continuation" BTC price has been observed as Higher High and Higher Low . Currently, Bitcoin is in the range of $16930. If the pattern continues, the price of Bitcoin might reach the resistance levels of $18250 . If the trend reverses, then the price of Bitcoin may fall to $15500 Happy Trading
Nifty 50 30-11-2022 Trade Analysis Currently, Nifty is in the range of 18648. If the pattern continues, the price of Nifty might reach the support level of 18590 -18540, If the trend reverses, then the price of Nifty r may rise to 18690 Pattern : Horizontal Channel Pattern Time Frame : 15Mins Entry Point : 18644 Target : 18590 -18540 Stop Loss :...
Nifty Inverted "Head & Shoulder" On 15 Mins time chart, the Inverted Head and Shoulder have been spotted. According to the Inverted Head and Shoulder, the price may hit the support level 18550, If trend continues on lower side then price may fall to 18475 Happy Trading
BTC "Ascending Triangle" Breakout The ascending triangle is a characteristic pattern of an ongoing bullish trend . This triangle is formed by a horizontal upper trend line that connects the highs and the lower trend line that connects the rising lows. If the trend breaks out at the resistance level , the price will continue to move up in this ascending...
Industower "Breakout Pick" Indus tower has been spotted "W" Pattern structure on Daily time frame "W" Pattern - Double Top and Double Bottom with an Average price action move - Selling Climax Zone The double bottom pattern always occurs after a major or minor downtrend in a specific security and signals a reversal and the start of a potential uptrend. ...
Bitcoin "Channel Trend" Buying Climax Hourly Time Frame Analysis Since the 21st of November, Bitcoin has traded in the Ascending Channel Pattern range, and on the 25th of November, Bitcoin breached the Channel Trend Resistance with average volume, which should have improved exit odds and caused the price to begin consolidating in the range of 16385 $ to 16685...
Hello Traders ! The above analysis was done on a "Monthly" basis, the holding period may take a few weeks or months to reach the targets. Trade Setup and Analysis : In monthly time, we can see an ascending triangle pattern on the above chart, as well as a Cup and Handle structure, which I have highlighted in the image below; both patterns were bullish in...
XAUUSD " Wyckoff Trading Range" On an hourly time chart, the Wyckoff trading range and accumulation have been spotted. According to the Wyckoff theory, the price may hit the support level again to exit the odds from the current trend. Look at the above chart: "Secondary Test has been completed with Good Volume Spike." This is where many traders would exit...
IOTA (MIOTA) Price Prediction 2022 IOTA (MIOTA) holds the 64th position on CoinGecko right now. MIOTA price prediction 2022 is explained below with a daily time frame. The falling wedge is a bullish pattern . Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. The falling wedge pattern...