If the price break above the level then you can go for buy after the retest till the next range
if the price break below the level then you can go for sell after the retest till the next level
If the price break the above the level than you can go for buy till the next range
if the price break below the level than you guys can sell till the next level
ETH/BTC is approaching a retest of its recently broken downtrend. I'd be looking to long upon retest with a hopeful push to the 0.100000 BTC levels. I am unsure on BTC it's self though but ETH will fly once again if BTC can hold its current range and hopefully break towards the upside.
Contract - CME_MINI:NQZ2021
- PR High: 16031.00
- PR Low: 15930.00
Evening Stats (As of 1:56 AM)
- Gap: = N/A
- Session Open ATR: 276.76
- Volume: 54k
- Open Int: 247k
- Trend Grade: Neutral
- From ATH: -4.5% (Rounded)
Key Levels (Rounded - Think of these as a range)
- Long: 16963
- Mid: 16391
- Short: 15819
Keep in mind this is not speculation or a...
GBPCHF is in downtrend on the daily, after the bearish impulse break of structure, price retested and gave a rejection finding resistance....I am anticipating another bearish wave
The stock has already been in a good uptrend.
Currently retested support. If nifty will show any strength then, It will again move for the next ATH.
Disclosure: Invested. Use your own judgment.
I believe, the Top 2 Banks in India are - ICICI BANK & KOTAK BANK
As now we have covid behind us, I believe Banking sector will now pick up a good pace for next 2-3 years.
Hence, started building a position by taking advantage of the current market fall.
I believe this was a decent entry point with a 14% discount from the Top.
I will keep on adding as this stock...
The analysis is done on Daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock...
