Keep eye on TATA STEEL... it's making Doji candles .. Bulls & bears are fighting right now, so stay calm for breakout/breakdown
I know absolutely nothing about this stock but how I would play this chart is the following... 1) I would have a $1000 account and buy as much stock as I can at $1.20 and hold till stock is bankrupt with a TP of +40%. Every time price comes back down into $1.20 area I would buy and play my TP + 40%. Once I've doubled my account, I would pull my initial $1000...
Today you can review the technical analysis idea on a 1M linear scale chart for the Dow Jones Industrial Average Index (DJI). In the chart, I added in the Keltner Channel (KC), RSI and MACD as well as review the Great Recession history to get an idea of where the DJI is headed. It seems that the DJI has been moving up an ARC with a possibility to come down and...
This is very subjective, and I am not good with these analyses... It seems like a Rising Wedge in an uptrend has established (though some might see a Cup and Handle). Also there is a strong bearish pinbar candle, that has shown the sellers are winning. The momentum is looking weak and we could very well expect a reversal from here. I would only short though if...
Alfen - 30d expiry - We look to Buy at 93.45 (stop at 89.25) The primary trend remains bullish. The trend of higher lows is located at 93.00. We look for a temporary move lower. We look to buy dips. A break of 100 is needed to confirm follow through negative momentum. Prices expected to stall near trend line support. Our profit targets will be 103.35 and...
After almost 18% run the scrip is forming a flag type pattern on hourly TF. Keep this Scrip in Radar
If this wave calculation is correct, we are on the verge of accelerating the decline of the NASDAQ and other US indices. Third waves of different cycles line up to hit down simultaneously.
Hey traders, in today's trading session we are monitoring NAS100 for a selling opportunity around 11000 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 🗒 GOOGL has been overall bearish from a medium-term perspective trading inside our red channel. However , it is currently approaching the lower blue trendline acting as a non-horizontal support. Moreover , the zone 70.0 - 77.0 is a strong support and demand zone . 📌 So the...
🔥 Hi friends! I am sure that most of the traders want to earn more. I wrote this idea so that you could stay in the trend of new developments in the crypto market and understand the dependence of the crypto market on other markets. Bitcoin began to copy SnP500 and this is a FACT. In order to understand why the price is copied at all, it is necessary to...
Reality crashed the party with stocks yesterday, as we have been predicting here. The FOMC event was still quite hawkish despite the market's anticipation that we would see some softening in rhetoric. This caused stocks to tank yesterday, with the S&P 500 falling through multiple levels to find support at 3758. European equities have softened which could...
Title: Corn Futures ( ZC1!), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 699.50 Pivot: 706.50 Support: 675.00 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. Overnight price had bearish momentum downwards with price currently trading...
Another update on this one - so far moving just as planned - not expecting to outperforms stocks which would make no sense at all - Therefore crypto should soon start going down.
DXY moving just as planned - soon will touch roof and we will need to check VIX and stocks to see what happens theres - but it is likely for DXY to range until mid Dec - New Year (red trajectory). Expecting a breakout to the upside afterwards.
This rally was as premature as my will for a first date. Driven by imagination and stopped by facts. I'm still expecting SPX to move within that white trajectory or around it for the time given.
I have been bearish since Feb 7, 2022, with a long-term price target of the pre-Corona high, as evidenced in the attached chart "Sound of bubbles bursting" Feb 18 . I have been using 3 month dated Near the Money Puts on the QQQ. But what I wanted to share was the use of Gann and the excellent Candlestick recognition in TradingView. I was looking at tripling...
The price hit our sell entry at 33075.03, where the 78.6% and 23.6% Fibonacci lines are located, on the H4 chart. We've set a relatively safe stop loss at 34461.48, which is just above the previous swing high and the 100% Fibonacci line. The take profit will be set at 30775.37, which is where the 38.2% and 61.8% Fibonacci lines intersect. Any opinions, news,...
The price hit our sell entry at 33077.47, where the 78.6% and 23.6% Fibonacci lines are located, on the H4 chart. We've set a relatively safe stop loss at 34534.39, which is just above the previous swing high and the 100% Fibonacci line. The take profit will be set at 30886.18, which is where the 38.2% and 61.8% Fibonacci lines intersect. Please be advised that...