lets_learn_trading

lets_learn_trading

Weekly pivot analysis Camarilla, Pivot Range & Money zone levels are extremely compressed for the upcoming week Monthly pivot analysis through out the session, Previous month high has been defended. however, if the same is broken, we can expect a move towards monthly Money zone. PEMA analysis. pema is stacked and sloped. any dip to pema could also be defended....

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quarterly cpr width is narrow. the breakout of H4 is too strong accompanied by range increase and volume increase as well. the price might consolidate a while before resuming its upmove with target as QH5, or might give a pullback which can be as deep as yearly cpr or monthly cpr which consists both quarterly h3 and monthly L3 or pema. safe traders can enter...

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price has formed a morning star pattern taking support near quarterly cpr there is a successful pema pullback and price is trading above previous year high sustaining above Previous quarterly high would give a good upmove as long as next week cpr is held intact.

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quarterly cpr is narrow the price has taken resistance near quarterly H4 & R1 for quite some time now and has formed an ascending triangle as well the cpr, cam and money zone for next month are extremely narrow which indicate a potential range expansion in the coming month. sustaining above 240, could push the price to 280+ levels one can use weekly cpr...

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bullish relations across indicators the price has given first pullback to L3 (and weekly L4) and has shown significant rejection with good volume and an increase in range. despite a gap down and lower auction, price managed to push higher and close higher. meets the traditional criteria of a hammer as well.

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Great consolidation in hourly level Tight pema squeeze Quarterly Narrow cpr, Monthly Narrow cpr and Weekly narrow cpr. Breakout could lead to increased volatility. However, it is advisable to be patient when trading breakout of this range as there are confluence of multiple pivot resistances which might turn into a fake breakout.

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the price might take a reversal from here. a highly risky trade as there was no proper confirmation.

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Price is currently trading above weekly, monthly and quarterly pivot. any pullback to supertrend(7,3) in one hour TF is a good buy. one can trail in 15 min or 1 hr TF with supertrend (7,3)

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PRICE ANALYSIS Price is currently trading at current year high price has formed clean trend price is currently squeezed the overall structure looks like a round bottom. breakout could give a potentially good results in long term price has taken support at PEMA and pema is stacked and sloped with a 45 degree angle. the breakout candle has a large range which...

lets_learn_trading Updated 

price forming rounded bottom in 1 hr timeframe. took a neat support at monthly L3 and monthly CPR is acting as resistance weekly higher cpr relation - indicating bullish sentiment developing inside camarilla relation - indicating a potential range expansion in the upcoming month developing inside money zone relation - indicating a potential range expansion in...

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BNF has filled weekly virgin money zone. forming a consolidation from 2 days and there was a strong rejection from virgin money zone we have an unfilled daily virgin cpr in the bottom currently price is trading above weekly R2, has reached target of weekly H5 and we can expect a fill of virgin cpr provided the PDL is broken strongly. else, expect a trend...

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a highly wild prediction. the yearly virgin money zone is filled if the value is accepted above yearly money zone low, we can expect price to return to yearly POC

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Quarterly Analysis Narrow CPR - Inside CAM - Inside Money Zone Price is moving back and forth H3 and confluence of H4/R1 Breaking above H4 would bring in quarterly initiative traders with Quarterly H5 being the target Monthly analysis Narrow monthly CPR - breaking above previous month high would give a good upmove. price formed an extreme reversal setup...

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Extremely narrow CPR for the day. yesterday's close was defended by bulls. if that is taken out, we can expect a strong down move. play out the H4/L4 breakout based on price action. if a gap down / gap up opening, wait for first 15 min to test the key levels that are surpassed during the opening. downmove target - unfilled virgin cpr at 923 from 29th...

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monthly higher cpr, higher camarilla and lower money zone (price closed above money zone) weekly higher cpr, higher camarilla and outside money zone price has broken the short term sideways with good volume any retest at the top of the consolidation (which coincides with TC) or pivot point (which confluences with money zone high and monthly L3) could push price...

lets_learn_trading Updated 

price is currently in bearish trend and pema (13,34,55) is stacked and sloped very smoothly. price is taking support at a confluence of Yearly L4, monthly L3, Monthly S1 and is also forming a divergence with PB oscillator. also, the price despite opening below Previous month low has successfully closed above Previous month low. the region from 1885 to 1890...

lets_learn_trading Updated 

Nifty is forming a flag pattern in hourly timeframe which looks like a consolidation in 15 min timeframe. A breakout in upside could be luring to go long - but beware a weekly pivot and money zone level just above the consolidation high which could bring in additional sellers.

lets_learn_trading Updated 

CPR and Money zone have formed a lower relation. Looking at price analysis, price has taken a strong rejection at previous month high and is currently trading below monthly pivot range. the price has been steadily trading lower and is currently at multiple resistances. Any strong rejection would push the price to new lows for the week.