GBPJPY is approaching an area of value in a corrective manner (Ascending channel). If the third touch holds I'll be looking for an impulsive move downward followed by a 15min flag continuation pattern, with a verified entry signal at the Top of the flag (Risk entry type) or a Breakout and retest of the flag a (reduced Risk Entry type).
Eurusd new monthly candle! The February monthly candle closed a bearish doji candle. This suggests that we may continue a bearish descent from the January monthly engulfing candle. At the same time it appears that price is respecting Weekly level 1.0763 and there is Risk-On Sentiment in the markets following optimistic Cad inflation data from 2 weeks ago....
IGL may give Huge Breakout !! IGL is Making Hut pattern after an uptrend Possibility of Breakout is huge because its a continuation pattern We may see huge upside after breaking the resistance If stock comes down we can see support is around 370-390 level Breakout confirmation is above 480-500 Current price is around 450 Targets are around 900-950...
Possible great buy zone for CheckDot for long term hold. This insurance projects marketcap is ONLY 1,4 Million. I think this project is vastly underated. I'm looking for 20-100x for this hold in a few years. Patience is needed. If price breaks the 200EMA zone, I'll take my calculated risk and wait for next big opportunity around 13 cents OR buy back if price gets...
IFB : this would be the third breakout attempt in last 5 -6 years Stock is in strong uptrend and the strength seemingly suggest a strong upmove likely in short to medium term perspective stock is up by almost 50% in two months suggest the strength and outperformance support at 1270-1240 area while with the intensity of this breakout in consideration , can test...
Zomato right from its IPO was always on the Lime-light for both Positive & Negative reasons till-date. Many were apprehensive of Zomato's success given the enormous amount of Debt the company carried during its IPO & Post-IPO days Not Surprisingly, after a brief Upmove right after IPO, the Price started falling so sharply and badly that it became one of the most...
The stock has broken it's all time high and given a retest in daily. Also the stock is retracing from its FIBONACCI 38.2 retracement level in monthly. Volumes look strong and RSI in Lower time frame supports an entry now. Sector - Entertainment. Entry 215 range. Target - 240, 260, 290. Swing trade target at 240 - 10-15% ROI.
HELLO TRADERS Hope everyone is doing great 🛑 A look at DXY ahead of the day 📌 DXY 4H TF * Looking at DXY from the 4H we see a break above BSL * Swept BSL but traded back into the range with some bearish momentum. * If we see momentum back into the range i would be looking for shorts. * Looking for some short ideas on the dxy. * Especially because of that body...
HELLO TRADERS Hope everyone is doing great 🛑 A look at DXY ahead of the WEEK 📌 DXY WEEKLY TF * Bulish sentiment still in play on the weekly TF * Violated the bearish FVG * Tested and rejected from this PD ARRAY * POSIBLE BULLISH CLOSE FOR OUR WEEK DXY D TF * Looking at DXY from the DAILY TF we see a break BELOW (SSL) which are Monday lows. * Swept SSL...
looking for sells with gbpaud and got out at a loss but currently since the open of london session market showed strong bullish pressure so i got out of sells and entered a high probabilty GBPJPY long.
gbpaud is continuing to make a new low as the 4hr candle is at its last hour before closure. currently watching gbpaud to break 1.92 to continue selling off. *GBPAUD/SHORT
IBULHSGFIN is bad in fundamental but ready for reversal 1- Rounding bottom reversal 2- trend line breakout 3- fab. .5 point will came 4- triangle also seen in this chart buy above 188 TRG 1st - 240 2nd -280 3rd- 340 SL 152
EURAUD rising wedge gave me a signal showing bearish price action inside the wedge so i entered sells. if you did not catch this trade with me just watch how it plays out and as a trade look and pay attention to market behavior and ask yourself "why" is price selling off at this level. *pay attetion to market behavior and (evidence) market give before a move...
The euro is showing multiple signs of bearish price action. my prediction is that most of the euro will be bearish for the rest of the week but these 3 currency pairs are all high probability trades for me. watch these bearish trades with me:) thanks for watching and watch my ideas and watch how accurate they all are. *Eurgbp * eurjpy *euraud SHORT
Multiyear Breakout. long , meta stock, global cues, exports ... check all
The stock is strong in all higher timeframes, strong consolidation in uptrend is happening for the last 10 weeks close to all time high levels. It is now reversing from the base level of 226. Daily and weekly candles shows a price action of reversal. RSI supportive. ENtry - 235 - 240 Target - 270, 280,300.
The stock is in strong uptrend in all time frames - higher to daily and above. The stock is in strong momentum based on RSI in D, W, M. All above 60. Daily is reversing from a Higher low formation with double bottom and Morning star formation. One may consider an entry based on today's close candle, or even at cmp if aggressive. Entry - 104/105 Target - 112...
Skipper had a Blast of nearly 15% today and ended right at the BO zone of Multi year Rounding Bottom BO On Daily Chart - there is a Cup and Handle Pattern with same BO zone. Above 275 WCB for target of 340 On Monthly Chart - There is a Rounding Bottom pattern with BO above same 275 WCB for Target of 530 almost 2x from CMP Disclaimer: Stocks-n-Trends is NOT a...