So here's a trade setup that I have been looking at since mid September.
Dash in a falling wedge at the bottom of it's channel that it's formed over it's entire lifetime with a massive 100%+ measure move.
The recent pump and dump had me worried that it may have already played out but the pattern is still there and this is hard to overlook.
The hourly Heikin-Ashi chart of NSE:NIFTY has retested the prior top at 11100 area.
There is a bullish signal (3 green arrows) on the Multiple Super-trend indicator that I use.
These arrows need not be on consecutive candles but when they are the signal strength is higher.
I'm short term bearish
Here are some charts:
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No advice No promise
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This is a 4h chart
And you want to TP @ 10700 area or before
BUT your SL @ 10020 is comprised.
I have only 6 views on YT and maybe you want search for today’s video
Follow the links in TV profile
I’m going to sleep because market waits for us so it doesn’t matter.
Details about strategy at related ideas.
More free scripts @ profile.
No advice No Promise...
This update won't help you because you need to follow the discord server.
testing strategy for res
Everybody is used to this formation IMO.
After a big move down a retrace to the upside.
I say possible but overall still bearish :bear: for me
If a down move will occur once again will put in shock the buyers of...
IF we get a replay kind of thing
BULLS IMO think this won't happen and want to long before 100 EMA support and IF that happens
MORE LONGS WILL STEP IN and if PA won't react enough so more DOWN is actually headed our way IMO so watch out. both sides.
A close below 100 EMA is bearish textbook and once close can also...
After a false LONG signal, yesterday market falls more and we get a new SHORT signal
Follow to see how the market unfolds
for signals and much more check out the Telegram channel and discord server.
Links are in the trading view profile
DYOR and NANP
No advice no Promise
want to plot signals like seen;? check related ideas.... GL
:eyes: HA turned RED
IF from this day from the beginning was in short IMO TP if can and fix SL for safe play.
The bull trend is still not over and tho we might get down more (it is imo on the table also) we also may have some more red candles after this one closes red daily ( but first need to close...
Epic pump on the 4h chart last signal working.
If entered from this level imo sl @profit and let it ride. A correction might still come even tho mooning.
To get your own signals ploted like seen on chart check out BircoinMF Stratgey on TV profile and telegram channel @scalpingmf.
More details at related ideas.
Good luck and trade safe
This is not a financial...