All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts. Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts. Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
The price is in the consolidation phase between the monthly and weekly resistance On the 4h timeframe the price had a breakout and retest the previous resistance as new support. how to approach it? IF the price is going to have a breakout from the weekly resistance and retest as new support, According to Plancton's strategy , we can set a nice order ––––– Keep...
hello all i think we breakout from a range area and surpass the 1280 resistance. now we reach 1650 resistance and the market react to it. so i think we have a pullback to 1300 area and after that toward 1650 again and repeatedly react to 1650 resistance and after that will go for 2000 resistance. also maybe we have a 50% correction of this impulse wave that shows...
Within a 4 days time MATIC resistances have turned support 3 times offering plenty of entry points for fruitful Long set-ups. Many traders who use technical analysis hear phrases that suggest a "broken support level will become a future area of resistance" or that a "previous level of resistance will become a support." For beginner traders, phrases like this...
BNBUSDT has broken out of the falling wedge pattern, am not bullish yet unless for scalp, because we are still in the corrective pattern imo. Resistance at 230 area is still strong, there's possibility that BNB continue its correction downward to psychological 200 area, before continue to the upside.
The price had a nice reaction from the daily support as I told you in my previous analysis on 0.8$. The price could retest again the 0.786 - 0.886 Fibonacci level on the 4h timeframe and got a rejection. a RETEST is NOT ENOUGH for a short position, the price needs to satisfy our rules How to approach? IF the price is going to have a reject from the key level, ...
The price bounced exactly in the 1.127 Fibonacci Extension on 17.25$ and the market started with a triangle on 4h timeframe. now the price is testing the 4h resistance at 24.5$ where the price got a rejection a few days ago. How to approach it? the price needs to have a new breakout from the resistance and retest the resistance as new support. According to...
The price is in the accumulation phase below the daily and weekly resistance on 226$ As you can see on the daily timeframe the price created a double bottom in 140$ area, created a W pattern retested it for a new bullish impulse until the current resistance. on the 4h timeframe, the price is creating a channel between the 209 and 226$ How to approach? The price...
Genus Power Can it break the all time Levels, keep watching
I am seeing about 27% short interest in FUBO, but I do not trade on this. My technical reasons are sound, and short interest may drive stock higher if it moves up. There is a large sell block today, 22k, at $8.03, which may clear this week for stock to move higher. Call options are very cheap so I suggest taking 14Apr and later expiry. This stock has not...
Very decisive moment we can see in Nifty. Get ready to make.
Get ready to board OBEROIRLTY departs above 915, Oberoirlty about to break very strong resistance with got rejected multiple times. Buy only above 915 with mentioned stoploss & target.
Grasim is breaking out resistance zone. Could be bought with mentioned stoploss & targets
Cipla Breaking out of multiple time resistance zone of 902-905. Could be bought with mentioned sloss & tgts.
CCL Pdts broke out of very strong 5 months resistance. Could b bought with mentioned sloss & tgts.
Tatasteel is breaking out resistance zone of 1120-1124. Could b bought with mnetioned sloss & tgts.
Break out over resistance . Bullish trend since positive earnings. Price action needs to break long term descending triangle and have it act as support to confirm. ADX < 40 so not a strong uptrend. RSI > 50, good time to buy on the support levels.