I see there is a demand zone in GBPUSD M15. After there is movement, the structure breaks. Starting scalping trading might be a sensible idea,If an ema user targets an EMA of 200 H1, I think the price is quite possible to get there. Hopefully I'm really. Happy trading. Keep trading safe with SL. Note: any risks regarding this trading idea are not our responsibility.
Continuing this analysis on the previous one; we see a double top form in the daily as well as the weekly timeframe after the price lost the 50 day moving averages. In the previous analyses, we looked at Elliot Wave theory and a potential new ATH price zone. However, there was one risk even at that point - the M-Pattern. This pattern is BEARISH and usually leads...
I see a SELL opportunity in CADJPY with several sell setup considerations 1. There is a bearish flag or channel formation on the 4H TF. 2. DBD supply zone With this consideration, we take a SELL setup if the price enters the supply zone. Still consider trading risks. Note: this setup is not trading advice. All risks are not our responsibility. Happy Trading
Entry: with price above 338.09 Volume: with volume greater than 539k. The more volume the better. Target: 367.31 area. This is an area, you might consider existing early if price drops below a significant moving average such as the 10, 20, or 50 EMA. You might also considering holding some portion of the trade longer as price closes above significant...
Indices are far more reliable during technical analysis as compared to the individual stocks. The pattern is a clean one in Nifty Pharma Index. This is to spread the awareness about technical chart patterns and not a buy/sell recommendation. Always do your own research before making any financial decision.
BANPU wave analysis - target downtrend C.5-wave 4.50 - 4.00 zone Entry: Buy on breakout downtrend line - ma20w dynamic resistance 3 breakout after bullish divergence often a real reversal. Target: Key resistance @ 8.00 zone +60-80% profit Support Indicator: MACD TFW doubled bullish divergence golden cross
BANPU wave analysis - target downtrend C.5-wave 4.50 - 4.00 zone Entry: Buy on breakout downtrend line - ma20w dynamic resistance 3 breakout after bullish divergence often a real reversal. Target: Key resistance @ 8.00 zone +60-80% profit Support Indicator: MACD TFW doubled bullish divergence golden cross
NSE:HINDALCO Hindalco is very bullish in daily and weekly chart. buy 650 - 675 Sl 580 Target 930+ time duration 1-2 month
NSE:HDFCBANK HDFCBANK Looking bullish in 1 hour chart. Buy Price 1550-1560 Sl 1500 Target 1650,1735+
In this chart price action I have marked out where previous types of liquidity existed. At the left you can see there was an uptrend but this uptrend had no factors showing LOW liquidity. Only strong high liquidity. Using the rules below you can mark out liquidity levels and what to expect when price returns to these levels later on. No indicator can do this...
Since March this year, price action on the weekly timeframe has outlined a potential bullish flag pattern, drawn from the all-time high of $73,845 and a low of $60,717. As you can see, the upper boundary is currently being challenged and is poised to cede ground. On the daily chart, the decision point area at $64,612-$66,484 held ground and opened the door to an...
This double top pattern has formed on the daily chart of the XAG/USD pair (Silver) following a rather long bullish trend. It can be used as a downside breakout setup. The two tops are marked with the upper yellow line; the neckline is marked with the lower yellow line. My potential entry level is at the cyan line (10% of the pattern's height below the neckline)....
NSE:LTTS Ltts is a very reputed company . its gives brake out on 1h chart. Buy rate 4650 sl 4550 target 4900
NSE:DIVISLAB DIVISLAB gives brakeout after a long consolidation period with brake out in inverted head and shoulder pattern. Buy rate 3950-4050 SL 3720 Target 5100
NSE:COALINDIA Coal India create Cup and Handle Pattern on daily chart. It's a good time to make a entry in this branded stock. Buy price 480 SL 455 Target 535-545
NSE:CHOLAFIN Cholafin created cup and handle pattern with bullish signal. its a good time to buy Cholafin Buy Rate 1220-1250 Sl 1150 Targets 1400 ,1570
NSE:PARAS Paras Defense gives brake out in inverted Head & shoulder Pattern . its a good time to create entry in this stock at the price of 845 with sl 745 of and target is 1180. www.tradingview.com
NSE:ABFRL Aditya Birla Fashion Gives Brake out on Daily and Weekly chart. 266-270 is a good level to entry in this stock and I will set my stop loss to 240 and my target will be 320 in short time period. Aditya Birla Fashion is big Brand. www.tradingview.com