Hello traders and investors! Let’s study Tesla today! It did the pullback we were waiting for, but is it a good time to buy? Let’s see, but first, if you are new around here, I invite you to follow me to keep in touch with my daily analyses. Every day, after the market closes, I’m here to share a few ideas with you! And my social media has more good stuff too – ...
Today in a very strong market, HDFCBANK opened with GAP UP but could not show much strength as it has been showing for a few days. On Hourly charts two Doji has been formed with long up wicks that indicates exhaustion. Tomorrow if price of HDFCBANK opens with GAP DOWN, this may create an island reversal (Speculative only and it depends upon Tomorrow's opening and...
April-May has shown considerable Upside movement
June - July month is showing consolidation period ...
prices has touched the red zone thrice ==> also showing breakout ( very high volume )
Daily chart is showing evening doji pattern ....
Future price movement can be expected in two ways ..
1. legitimate breakout ... new consolidation zone around 740
Nifty will face strong resistance from Monday first at 10648 and if it manages to cross that then again immediately at 10788.
Also the larger pattern in which it has been moving is a Rising Wedge and a correction towards the bottom line of the wedge 10333 is expected.
DE30 Trade Idea.
Currently price is bullish. Price has broken above the resistance level which now may slowly turn into a support level. Waiting for a possible retest of this level and a further confirmation before placing a buy trade.
However, price has also met the daily high level and we could see a possible trend reversal should price fail to continue its...
Nasdaq maintains support previous 5day candle body and closes with Dragonfly Doji. One would think this run is getting long in the tooth. Charts are starting to look like they say otherwise with close back above 2018 trendline. Bottom trend line in chart is best take on trend from 2008. Daily Stochastic is still showing strong cross gaining buying momentum. ...
Hello my fellow traders! I hope you are all doing good in such a historical day for the market! But what should we do from now on? No resistances to guide us... just supports... weird, right ? How to deal with this? Well, I have an idea, but right now, the most important thing is to follow me (before you forget!), so you can keep up with our trades and...
PLAN setting up very nicely for a bat pattern. Breaking over (B) now where I added more Nov calls from (C) entry. I entered long on the C due to a nice retrace level + a reversal pattern (doji) there on the C. Looking to take 1/2 off into (D) where I expect a possible .382 retrace to trendline, or a retrace to previous market structure at the .50 where I will add...
Market Structure: Bearish (Failed to make higher high)
Momentum: Strong Bearish momentum
Chart pattern: Perfect Head and Shoulders
Candlesticks confirmations: Bearish engulfing and doji on H1 timeframe
EEX has formed a day doji which could mean that it is confirming its continuation of upward bull trend or it could be mean its preparing for a reversal. I think it is confirm continuation. Wanted to share it because there is some risk but great reward if traded properly.
WEEKLY DESCENDING TRENDLINE BROKEN
DAILY NICE DOJI CANDLE FORMED ON THE 124 MONTHLY KEY LEVEL
4H/1H PRICE CONSOLIDATING
WAITING FOR A SHORT OPPORTUNITY ON THIS PAIR UPON BREAKOUT
TARGETIN ONCE OR TWICE THE BOX SIZE
STOP LOSS ABOVE RESISTANCE LEVEL & BOX CEILING
#tradesafe #theforexdaddy #tfd
In Dabur Daily Doji has been formed with more than average volume present . if tomorrow it downtrend begins than can take short position depending upon trader mindset ( risk taker or averse ) . Dabur has too many level for support and resistance get in fast and get out faster ... big target may be difficult or may test the traders patience.
Good morning, well I mean... Anyways, as you can see on the graph, last month we saw a doji candle ( two in fact), approving of a trend reversal which it obviosly did, causing XBTUSD to go further down. As you can see on the right-hand side of the graph, we can see that a similair looking pattern is emerging, which could just about hit the resistance line,...
We can se a doji at the 2H chart but we alwys wait for a confirmation.
I will wait to go short in this pair.
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