Hindalco making an inside bar today. A big move is expected in this stocks Considering gap down of yesterday, it will need to lot of strength to go up and fill this gap, instead i believe it will go down further and lower end targets as shown in the chart in coming days. but as we all know, market can ourtsmart all of us.
Nifty is making inside bar today, i expect a goof breakout above 17789 or below 17592. Watch out for these level and take position accordingly. you can use the indicator i have developed to identify insidebar.
Market started with a rest day yesterday, faking everyone out left right and center. However, a late day squeeze flushed a good deal of shorts out so they could drop it in the PM, falling 1.23% at the time. Bias is short today. Looking for retests of key levels. Value area from prior day is 400 - indicated by the grey box and volume profile on the right. Retest...
Large move down followed by an inside day on a Tuesday. Waiting for the market to work down into the lows (previous days low) for a reversal, or for the market to hit the previous days high, trap people going long, to continue the move short.
EL formed a bullish divergence on the monthly chart after capitulating on 3 Nov. It then began a "recovery" where there were several attempts to break a resistence zone (228 - 231.5), and finally breaking above on 18 Nov. Alas this proved to be a fake break as it went back below the neckline, eventually finding support only at the 61.8% fibonacci retracement of...
Off the daily, its not a rejecting pb. Its in the middle and hence a reaching pb. The daily candle is bullish after London session. Makes sense to look for longs on ltf. On h4 , look left and a previous swing low was taken out. This shows a strong origin. On m15, a good number of previous lows have been taken out(More than 2). This indicates a strong origin. ...
Gold Double Inside Bar Break up SL 1662 Aim 1676 / 1683 /1700 Strong reversal after CPI data released US stock reversed EURUSD reversed GBPUSD reversed and same for gold
Order SELL AAPL NASDAQ.NMS Stop 138.47 LMT 138.47 will be automatically canceled at 20230401 01:00:00 EST AAPL inside candle after long day bearish
Order BUY BA NYSE Stop 134.10 LMT 134.10 will be automatically canceled at 20230401 01:00:00 EST BA daily indecision inside candle pressure building ABC of wave 4 downtrend. Stop loss under two candles, take profit to Fibonacci 50% retracement.
This is a perfect example of how an inside bar works. I had already set the levels and once the lower level of the setup was broken with a red candle I took a trade. I prefer to set my targets before hand. As you can see the stock is now headed to reach my second target.
DIA daily bearish inside candle all buyers are cleared, great inside candle gap with retest that retested immediately, stop loss above both candles, take profit on bottom of May.
Inside Bar Candlestick pattern formed at pivot point level 163.440. GBPJPY market is bullish on the lower time frames.
Tata motors has formed an inside bar in the very first 2, 15 minute candles. Once we see a closing of the candle above or below the high or low of the inside bar setup, we can go for an intraday trade.
This stock has formed an inside bar and has already moved by around 12%. When there is a breakout of this inside bae we can see more upward movement.
BLS has moved 7% today and has broken an inside bar which was formed at 1:00 PM (IST). We can enter the bullish trade as the expectations from the stock are Target - 276 - 281- 286. The margin is not big but one can enter for a quick trade.
Here we can see the formation of an inside bar. We can wait for the breakout and then can go for a trade. The stock Revathi Equipment has already moved around 10%. We should enter the trade only if there is an appropriate breakout of the inside bar. P.S.- Please feel free to correct me , I'm just a new trader sharing my views.
Notes: * Very strong up trend on all time frames * Good earnings in the recent quarters * Basing for the past ~6 months * Coming up on the right side of its base * Recently broke back above a key level around ~$87.2 and has been holding this level as support with higher than average volume * Printed an inside day with higher than average volume * Bouncing off of...