We are at the PCZ of a Bullish shark at the neckline of an Inverted Head and Shoulders Pattern visible on the Monthly and are showing Hidden Bullish Divergence.
It is on a multi year breakout in this monthly time frame. Accumulation between 175-145 could be a safe strategy with exit level of 125 for a medium term target of 350. On its way up it faces minor resistance near 240.
Do Your Own Research
This idea is not meant for short term trading, rather for medium to long term investing.
We have good confluences with this pair:
1.The price is overextended, we can expect a correction.
2. Also the price is retesting a supply zone, where we can expect a rejection to the downside.
Where can we expect the rejection to happen?
If we take fibonacci from low to the high we can see that the .50 and .618 level is align with estructure. We can expect the...
This stock break 1Month TF pattern and now its forming a channel. This stock is good for Positional Trade Upto 1/2years.I will enter in this stock after taking support from trendline.
Note:-This is only for educational purpose. Make sure that Do your own analysis on this stock,consult to your financial advisor before taking entry
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE EURO / U.S DOLLAR FROM THE MONTHLY CHART.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS...
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT NIKKEI 225 FROM THE MONTHLY CHART.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS...
AUDCHF has been on the recovery from 2020's bullrun throughout 2021 so far. That said, key monthly pivot levels sit just below price, and we may see another bull run commence from these levels. Watch out for these pivots!
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE USD /JPY .
THIS IS JUST A LONG TERM PERSPECTIVE ON WHAT THE DOLLAR / YEN IS SAYING TECHNICALLY FROM THE MONTHLY CHART THE DIRECTIONS DETERMINED & A BREAK ABOVE OF THE DESCENDING TRIANGLE WILL TRIGGER THIS TRADE.
* follow your entry rules on entries
*...
HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE GBP / USD LONG IDEA FOR DIRECTION AND OVERALL SENTIMENT ON THE PAIR .
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly...
USDCAD after the attempt to break the monthly support at the 1-24 level started an impulse to the upside.
The market now reached the upper trendline of a daily falling wedge and according to Plancton's strategy if the price will break above we can set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red...
A logarithmic look at the evolution of BTC price since its very early days
The following key takeaways:
BTC tends to extend only about 1/5 of its prior impulse move measured in terms of % increase;
BTC tends to react ≈38.20% on a logarithmic scale to form a correctional bear market;
The sub $80k area is a pivotal area to look for supply inflows.
This...
3 Higher lows connected via trendline and 2 significant lower highs connected via trendline as well.
A counter trend line has been broken which may lead to GA rallying up for a good while...
Should the trendline be broken to the downside then we can look forward to very decent short positions.
Corn seems to be in the final stage of a bullish run here. In terms of % gain, it is almost at the psychological 100% increase area from Mar'20 low. Short risk exposure is becoming more risky at these levels. With another push higher, some decent supply inflows are expected.
GBPCAD on the 240 min chart after the last impulse retraced back until the 0.618 Fibonacci level.
The price from there started a new impulse to the upside and now is consolidating below a monthly structure.
IF the market will break above, according to Plancton's strategy, we will set a nice long order.
–––––
Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple...
The dollar has ended January with a relatively small bullish candle, showing signs of support and an end to a 2-month falling trend.
In the month of January, the dollar started the month with a slightly bearish tone, bringing the currency to a 33-month low.
It then started to reverse and rebounded strongly until it faced strong resistance at strong supply...
Tata Power is expected to break 10 Year Downward Channel, Trading with high volumes from the past 3-4 months.
RSI is also expected to breakout from the crucial level.
If Price crosses the trend line around 85-86 levels, Hold for a minimum of 140-150 levels.
Tata Power fundamentally looks very strong and is underrated as compared to stock price. Expected to fire...
GBPJPY on the daily chart reached the monthly resistance and got rejected closing the daily candle with a double top higher lowe formation.
The price which is moving inside an ascending channel created with the previous candles a rising wedge and we can expect a break to the lower side.
If the conditions of Plancton's strategy will be satisfied, we can set a...
Hey Traders ,
what's up. I know that there is allot of data, i hate that as every one else does. But,
if you want to keep it simple just study, analyze and write down the Red & Green boxes they should sum up most of the study. I have included all the
data here . So feel free to redo, redistribute, reuse or shar it here or outside of tradingview with anyone even...
