TIMEFRAME: 4H
TOOLS USED: 200EMA, trend channel, dynamic support/resistance
We can see price has broken the 200EMA on the 4 hour which is a huge confirmation of the trend changing and along with that we break support and trend line which are also very very significant levels
Potential Profit: 500 pips
position: Long
Currently we are inmiddle of one of the most chaotic times, and stockmarket is starting to price in some serious fears into the market.
Just eventually be prepared, that wallstreet might be aiming for some real deep value here.
Btw. currently we buy the 100 week average price on nasdaq, not the worst spot to maybe start a fresh longterm depot, DCAing on the way...
I take short trade here from the following reasons:
1.Bear flag (the last wave before breakout)
2.Resistance
3.Supply candle (marked with yellow TL)
4.Bear Shooting star candle
5.200ema
6.Entry the Fib golden zone
7.50,100,200 EMA Weekly just above the price.
Just look nice for me
NSE:BIOCON
rectangle pattern breakout and 200 ema/dma breakout
best time to enter for swing trade /intraday
for the short target of 388,394
with stop-loss 351
use retest method
plz do ur own analysis before taking trade.
Vechain broke out of the downtrend a month ago and made a minor correction since the beginning of this month. Currently, it retested the trendline and found support at 200 EMA. Also, we can see the Green Buy signal on VMC Cipher B indicator. This is a great confluence to enter or accumulate more.
This is not financial advice please DYOR. If VET doesn't hold...
Polkadot has been correcting since the ATH and is heavily impacted by BTC. DOT is almost 37% below the last ATH despite all the bullish hype such as parachain auction. The question is where should we buy or accumulate more DOT?
Currently DOT finding support at 200 EMA and 0.786 fib if it bounces from here and breaks the trendline then we will see a massive rally....
Reasons for trade
1. Short retracement toward major trend line
2.Rsi > 50 will give buying push for bulls.
3.Touch wood towrard 200 ema if sustains above 17825
4. Target 200 ema
5. Stop - 85 points below for buying point
currently its at a important zone as there is a confluence of descending triangle support line and the 200 ema , we can expect a good reversal from the support zone .
I'm a beginner , i'm just sharing my views .
Zeel has shown good strength and given a small breakout.
On daily chart is has made a very bullish candle taking support from its 200 EMA.
BUY - 214+
Target - 230 (1-3 days)
A pullback to the 200EMA with divergence on the Stochastic! Entry and targets on the chart. The preferred exit is where the price touches the Andrew's Pitchfork. See the chart. Good luck!
Confluence of 0.382, 200EMA and H&S so bad news if we break the neckline in the short-term BUT it could confirm the macro cup and handle formed since Sept.18 so we have hope in this stock mid-term, maintaining our mid-term PT at somewhere between $36 and $40.
Not a financial advice.
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Patience is the key...
If price break and close below 200EMA, wait for retest then take the trade after 2 bearish candles confirmation. Death cross on 1H timeframe is in formation, wait for it to add confluence to your trade!
Trade wisely :)
#EURUSD (1D):
Price broke a strong weekly support, deepening the current correction phase. The overall uptrend is still intact and next relevant support is at the daily level 1.19, which aligns with the lower TF triangle target.
after complete bearish impulse now it is looks like this chart try to complete corrective wave.
chart pattern target will be 92.300 (fib 0.618).
head and shoulders neckline & 200 EMA can be help bulls to fly higher. stop loss should be 89.800
