I believe that price is retracing bearish for its 4H higher low, in the meantime, intraday swings on a lower timeframe must correlate with becoming bearish. The 1H has already began creating lower lows and a lower high. I will monitor to see if price creates a higher high of gets rejected at a key neckline, resistance, trendline, and reversal area. There's a lot...
JUST CHECK THE PIC FOR THE IDEA. BUT BASICALLY HERE ARE THE STEPS: 1. DETERMINE CURRENT MARKET STRUCTURE USING 1) SWING HIGH & SWING LOW 2) BOS & CHOCH -this is more powerful if price has just made a break of structure(BOS), but not necessarily. 2. PLOT FIB FROM LATEST SWING HIGH & SWING LOW 3. LADDER ENTRY AT FIB OTE + ORDERBLOCK ZONE 4. PUT STOPLOSS AT...
As you can clearly see from the chart: -Price reacted to the weekly Swing High and created a change of Character ( ChoCh), Which left an Orderblock (OB). - Price came back to mitigate the OB after sweeping the trendline liquidity ( $$$) -We would probably see price dropping lower to fill in the fair value gab( FVG). Please leave a like and comment if you find...
Evening Traders, Today’s analysis – ETHUSDT – trading towards an area of resistance where a rejectin is plausible, Points to consider, - Price Actin Corrective - Weekly S/R Resistance - Key Swing High - .618 Fibonacci Resistance ETHUSDT’s immediate price action is considered corrective in a bear market, price is approaching a zone of resistance which...
*Dalmia Bharat Ltd* Time Frame: Daily Observation: * Cup & Handle Pattern Formation * Swing High Break Resistance/Target: 1938 2121 2304 Support: 1642 1476
*Jubilant Ingrevia Ltd* Time Frame : Daily Observation: * Cup & Handle Pattern formation. * Swing High Break Resistance/Target: 628 704 728 830 Support: 501 461 411
*Astrazeneca Pharma* Time Frame: daily Observation: * Swing High Break * Breakout on 3284 level Resistance/Target: 3974 4543 5124 5479 Support: 3284 3000
*General Insurance* Time Frame: Daily Observation: * Rounding Bottom Formation * Swing High Break Resistance/Target: 147 162 176 185 Support: 117 109
*SJVN LTD* Time Frame: daily Observation: * swing high break * Supply Zone breakout Resistance/Target: 43 47 50 Support: 34 30
*Aditya Birla Capital* Time Frame: Daily Observation: * Double bottoms formation * Swing High Break Resistance/Target: 129 139 151 159 Support: 108 103
*Adani Enterprises* Time Frame: Daily Observation: * Rounding Bottom formation * Swing High Break Resistance/Target: 4300 5048 5484 5777 6222 Support: 3330 3177
Rail Vikas Nigam Time Frame : Daily Observation: * Swing High Break * Parallel Channel Breakout * Mean (EMA) Diversion Resistance/Target: 40 44 47 52 54 Support: 35; Dynamic Support at 200 EMA
Hello everyone 😃 Before we start to discuss, I'll be so glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it! $CRV has reached the higher range's low and has swept above the last high. Also, It has formed a swing high now and could be a good entry to locate our Shorts with a stop-loss above the higher...
The stock is consistently respecting the trendline resistance and support zone and is making swings between the two. Yesterday it tried to break the resistance but failed. Today, along with the Index, it made a strong bearish candle. Expecting 1620 levels soon. Decent trade with a 1:1.5 RR. Check the chart for entry, SL and targets.
A great trend bounce this morning and created a new swing high. Marked and entered based on candle structure. This is a 1hr markup with a 5min entry.
looking for a break of the upper structure then carry this long. With Divergence present, and a major trend just below, an earlier long opportunity could easily present itself. Targets are subject to move if we continue to correct to the downside. TeePee Students will be updated on this.
Considering the Bearish Trend which created a LLs and LHs inside the Ellipses, we saw an invalidation through the channel which tried to create a HHs and HLs but then the ZONE from the HH was a SUPPORT AREA which we saw a consolidation and a break below, the Break-out was also a consolidation which we were expecting a break either above or below but the certainty...
50% Fibonacci Retracement of Pin Bar Candle. Entry at 167.26. Stop Loss at Pin Bar Tail. Target at previous Swing High. Reward to Risk is 2.81.