explanation in charts:
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI , Moving Average , Ichimoku , Bollinger Bands
If you liked our ideas, please support us with your likes 👍 and comments.
The DXY chart shows the value of the Dollar against all assets, it is said that if the value of the dollar goes up the value of assets goes down and vice versa.
If this plays out we can expect some red days around all assets.
I hope it doesn't play out, else 2022 will be a bear market.
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...
Buying opportunity for NSE-MANAPPURAM
RSI is making a double bottom
Price has retraced down to the 400 EMA as it did in the 2020 crash
Do not take a big position and add more if the market falls further
I would suggest to take only a 25% entry