NSE:IDEA IDEA may have been prepared for breakout for level of 13.5. See the area marked with circle near the level of 8.8 where we can clearly see volume diminishing. After diminishing supply we are now seeing efforts to push the stock further up. Stock still need to breakout the level of 13.5 to show clear up trend. But risk takers can start considering...
RSI is overbought. MACD indicates that the strength of the bullish movement may be running out. Bollinger bands above the upper limit. I will not open any shorts, but I want to see how this interpretation plays out.
NSE:AUBANK AU Small finance bank on weekly chart looks quite bullish. And may be a good option for short term trade. Let’s quickly see what was happened on weekly chart. After making a Lifetime High of 1354 we had seen rejection in prices from that level and weekly candle of 30th March 2021 closes in to the middle forming a wick, which is good sign of...
My forecast is a downward impulse to the trendline as the C wave. So, we will have a complete running flat and more upside. That's why I want to take a short trade. That's why I'm waiting for a correction to sell it.
Triple touches on the trendline. 15M candle touching 100 EMA. Short happening now.
AMC consolidating and finding support at the 7, 10, 23, and 28 hr EMAs, as well as the 7 EMA on the 12 hr. Looking bullish for next week (most likely). Also shown: the Bullish Rising Three candlestick pattern as the 3 down Candles find support above the previous level of support.
NSE:PVR PVR showing good Price And Volume Expansion on daily chart while making a new highs. Which is good indication of bullish trend. Targets of 1500-1590 can be expected in near future with some pauses in between. PVR will have good support at 1210.
The structure between the blue lines can be a complete correction. In this case, we will see more downside. What we have after the last top looks like a complete reversal structure, and a trade setup under the trendline. That's why I placed a pending order under the last low. There is still chance for more upside. That's why I risked 0.5%, and I'll move SL to BE asap.
Indicators showing there's more upside yet. Take profits and enjoy the ride!
Term: Short term 1-3 day trade Buy: $36,240 Stop: $34,580 Take profit: $38,150 Please trade with caution this weekend as there may be high chances of price manipulation as there should be low volume trading. Have a great weekend and stay blessed!
1- technicals 2 - trendline 3 - wales and volume 4 - fundamentals
Okay lol, So it looks like my first analysis was correct and we are indeed either going to touch the first fib lvl or we may dip a little below it then kinda go up and down until we see a break out to either the upside or the downside (only see this scenario if bad news hits). So yeah, just HDLE if you bought in if you're waiting to reenter or even enter wait for...
If the blue C is the end of the running flat, the downward movement should be the reversal impulse, and we may have a complete correction. After the yellow C, we got a sharp drop and now, I'm waiting for a correction to place a pending order. My minimum target will be a new low, while the main target 0.84700.
Here we see Bitcoin has followed this inverse head and shoulder pattern nicely and looks to complete the right shoulder and break out to the upside pushing up to the next resistance zone between $41,500 and $43,000 USD. Larger Head and Shoulder pattern is in play on larger timeframes, indicating a push down from the highlighted SELL ZONE. Two scenarios are on the...
if btc follow green line, buy btc when btc back test or 38-40k. Take profit 43k5, 48-49k.