Spotted cup with handle pattern for Infosys Ltd in NYSE. Unsuccessful breakout on the 8th June at the neckline at $19.50. Let's see if the big volume comes in to give the push to break out. Dislaimer : This is by no means a recommendation to buy. The ideas shared here are mainly for educational purpose only. Please consult your financial advisor prior to any...
ITS FOR LEARNING DIFFERENT KINDS OF PATTERNS AND THE PRICE ACTION INVOLVED. TRAINGLE PATTERN , either side can be breakout. A fake breakout make it a high probable trade. Queries in comment section.
Intraday trend likely UP We can take SELL positions at these fibo levels : N1: 59.65 N2: 64.73 N3: 72.94 DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME Examples of SL and TP : SL could be @ Fibo level 4 (84.29) TP could be @ Fibo level 0 (51.54) Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in...
Intraday trend likely DOWN We can take BUY positions at these fibo levels : N1: 46.05 N2: 38.96 N3: 27.50 DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME Examples of SL and TP : SL could be @ Fibo level 4 (11.65) TP could be @ Fibo level 0 (57.51) Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in...
ITS FOR LEARNING DIFFERENT KINDS OF PATTERNS AND THE PRICE ACTION INVOLVED. U PATTERN breakout done but came to retest but sharply. GAP FILLING will happen which is of almost 10%. Queries in comment section.
ITS FOR LEARNING DIFFERENT KINDS OF PATTERNS AND THE PRICE ACTION INVOLVED. PERFECT TRAINGLE pattern with strong base. Closing above SMA 200 will be a good place to accumulate stock. It will take some days to give breakout. Queries in comment section.
What If it is just the beginning of the new big 5 wave pattern? IF we go under $24 we will break this pattern, But if we hold above and in the zone of $30-45 it might be a good launchpad for 3 rd wave that will go to $150. Now the target is $30-35 NYSE:AMC
Just a simple 4 th wave FLAT correction, BULLS wanted to take some profits on the table before half year ending, 5 Wave ''C'' will emerge from today with maximun pullbacks(80%), Enjoy trading with known direction until 22ndJune
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SPCE to the moon? IF, SPCE respects this set up we will see plenty of long opportunities to follow. Looking for confirmation at break of 32.05 and wave continuation to 34.47, trimming positions at that level as we could see a corrective wave but it could also bust through resistance if momentum and price action is strong. If 34.47 is broken you can expect massive...
CCL LONG Looking for long continuation, possible ignition of 3rd impulse wave, short term looking at a bounce from trendline at 29.20 then move to 1:1 movement of 1st short-term impulse wave at 31, another bounce back to TL, at that point we break major resistance and make quick, large moves to bigger targets like $40 to $50 range.
Expecting to see some more bearish movement today. Could see support broken and price move towards the 13515-13520 area. Clear descending triangle on the chart. In an alternative scenario, the bulls might gain control where price could form a higher high and continue up from there.
Looking for a buy around 13720 - 13710. Targets for today are the fib extensions. We may see a double top which would be a possible sell opportunity. Hopefully this month starts with some strong movements 💪🏼
Chart is clear and easy to understand. Make your own decision and action. Always wait for the market to make its clear price action then trade.
Chart is clear and easy to understand. Make your own decision and action. Always wait for the market to make its clear price action then trade.
CORRECTION!
Chart looks clean and easy. Make your own decision . Wait until market make its clear movement as a signal