shivam94_007

shivam94_007 Updated 

Description as in title. Wait for breakdown and retest of the neckline to take a position. Disclaimer : Not a financial advice. I have a short position already since yesterday.

shivam94_007

Head and shoulder like pattern has been triggered. Watch for backtest of the dotted green line to initiate short position. Target calculation marked in the graph. Stop loss is daily close above the HS neckline. Disclaimer: Educational idea only

shivam94_007 Updated 

Probable HS pattern in the making. We should wait for breakdown of neckline and then a retest to take a position based on this pattern. SL will be breaking of the neckline. Disclaimer: Not a financial advice. I have short positions in crude oil.

shivam94_007

Similar conditions as in the nifty idea I shared earlier. Top of parallel channel, distribution visible in RSI. SL is weekly close above ATH. Look for breakdown of the upsloping red line for confirmation of trend breakdown instead of picking a top. Disclaimer : For educational purposes only ! Link to Nifty idea :

shivam94_007

Disclaimer : Educational ideas only. You are responsible for whatever you choose to do from this analysis. From the chart, we see two very powerful upsloping resistance lines in green, one from a decade ago, another from 2020 low. In addition, we see a bullish flag like consolidation under the resistance line, but in RSI, we see lower highs and lower lows...

shivam94_007 Updated 

We are at hitting multiple channels of resistances in 15min, Daily and weekly timeframe. I would short Tesla at 990$ with SL at 1005$ with a target of atleast 930$