Thetradingmyopic

Thetradingmyopic

Greetings Traders, If the price can break the line I have shown on the chart, it will touch the upper trend line. Or the price will directly break the resistance line. Only if the candle closes above the trend line.

Thetradingmyopic

Greetings Traders, Keeping the cloud in mind, and with a great amount of respect to it, TEN-KIJ is moving to a new high to provide us a strong buying signal. Support will become resistance taking a down move.

Thetradingmyopic

Greetings Traders, Earlier TEN-KIJ crossed at the rate of 7313.08. It is now traveling upwards to a new high of the price which is 17,999. BTC opened at 16,658. I am predicting that BTC will fall down in the future. Future Resistance will act as a Support Level.

Thetradingmyopic

Greetings Traders, If we check on the previous crossing of TEN-KIJ, it was in the KUMO which means no trading zone. We can see that the price, TEN-KIJ, and KUMO are not moving in a stable pattern. The KUMO kept on switching between Support and Resistance with a gapped price movement. The price movement will make a new high. TEN-KIJ are moving upwards, at this...

Thetradingmyopic

Greetings Traders, Previously, the TENKEN and KIJUN crossed giving a strong buying signal. Both are moving upwards to the cloud. Price and TEN-KIJ are syncing! The price movement will make a new high and will give another strong buying signal.

Thetradingmyopic

Greetings Traders, At the moment, there is a buying signal and we are getting confirmation. 1- Cloud is below the price. 2- Volume price is getting pushed. 3- Price is trying to go above-average volume. 4- Chikou is above the price and can be free. 5- TENKEN is above the price! BUY above 1.18670 STOP LOSS- 1.18413

Thetradingmyopic

Greetings Traders, The previous movement of the price shows resistance and support movements. It is showing a fake buying signal because the movement is flat. The cloud has resistance previously but now it is showing a future support level.

Thetradingmyopic

Greetings Traders, "If you want to know where to place your stop loss, you must know the peaks of Support and Resistance." Price does not move directly upward or downward. It follows a specific pattern to move ahead. Support acts as a base. When the price will move twice or thrice on the support, the next time it might break out. Stop-loss should be below...

Thetradingmyopic

Greetings Traders, The price is in a ranging market. Price is getting consolidated. The time will come when the price will break the parallel channel, we might get a confident target of buying or selling. We should wait!!!!! Sometimes it would not break the parallel channel and travels within if it touches the support line, it is a SELL signal and if touches the...

Thetradingmyopic

This is EUR/USD, a 1-month timeframe chart in which I have used the Ichimoku indicator. It is always said to respect the cloud. You can see TENKAN SEN and KIJU SEN are going ahead on a single path. It has a slight upward movement. Both the lines are below the cloud, suggesting SELL signal only if the TENKAN SEN had CROSSED KIJU SEN, but be careful when you trade...

Thetradingmyopic

Ascending Triangle . Ascending triangles are also known as the "Rising Triangles" with bullish continuation pattern. . The upper trend line : Flat trendline. The lower trend line : Rising Lower Trendline . In this pattern, the trend is in continuation form.

Thetradingmyopic

Diagonals provide a tight zone of Entry and Exit. Here the Risk Reward ratio is 1:3. This method is straight forward with easy identification of risk and reward. Any guesses, what those question marks are? Could be a stoploss!!!!

Thetradingmyopic

Ichimoku explained

Thetradingmyopic

In the Five-Wave pattern, 3 of the waves are in the Directional Movement they are 1,3 and 5. The remaining 2 waves are Countertrend interruption they are 2 and 4. Waves 2 and 4 are necessary for the directional movement to happen. 3 Rules of Wave Pattern >Wave 2 can never overlap wave 1 >Wave 3 can never be the shortest >Wave 4 never enters the wave 1 Waves...

Thetradingmyopic

After lockdown, the sales in the auto sector might increase. And for that NIFTY needs to move ahead. The simple moving average in 30 days is around 5307. The chart explains the expected simple moving average in the next 50 days. Let's see what happens in the future. The NIFTY AUTO Index comprises of 15 stocks that are listed in NSE. Give your reviews.

Thetradingmyopic

The previous close down was around 13687. The rollover is 4.35%. The NIFTY IT index was at 2.42% up around 13727. Answer: Is it Bearish or Bullish?

Thetradingmyopic

NIFTY NEXT 50 has generated better returns than NIFTY in the last 5 to 10 years. Its BUY BUY BUY! Let's kick it. Investors should not assume that it will get repeated in the future. Because NIFTY generated CAGR of 10 % between 1 March 1999 to 1 March 2009. The next 50's CAGR was only 8%. So, do not miss the chance.

Thetradingmyopic

NIFTY PVT BANK in Elliot Triangle Wave (ABCDE) is at 11243.55. If it reverses from the position then Bank Nifty will fall down.