Most are familiar with accumulation/distribution schematics but, most are not familiar with reaccumulation schematics which you find in STRONG markets & have many similarities to distribution. There are a few ways this can go moving forward. The main thing to look for is the creek forming and the volume when the price action comes down to the lower of the range...
Hello Traders, With the dump yesterday, Imo the market has shifted from more Bullish to more Bearish. Of course the Bulls can still regain control in the short term, but its an uphill battle for sure. I'll break it down in the most simple terms: Above $390 = Bullish Below $390 = Bearish Use this only as a guide to help manage risk, the trend can still be long...
Position = EOS Entry = 1.685 Stop Loss = 1.45 Final Target = 2.95 Risk/Reward = 8/1 Leverage = 3x Profit Potential = +240%
Choosing your STP loss determines your risk, and is essential part of executing your trade. On this trade analysis, we are looking at ticker F (Ford Motors) using the weekly (W) chart as the active chart, the price is selling off & coming into a Demand Zone (DZ). This DZ is also the last higher Low HL of the long-term (M) monthly uptrend. my trading strategy;...
Watching price intently around the current zone, a third rejection from this zone will confirm a nice short opportunity. BUT its IMPORTANT that you wait for confirmation before taking entry! trading takes a lot of patients and that's what creates a consistent trader, don't rush any trades its Monday and you have endless opportunity week in week out.
There is a trendline breakout on both Price and RSI on the weekly chart of Max Healthcare. There is also a probability of Butterfly Pattern on the chart and if it unfolds stock can see 430, 490, and 540 levels in the coming months. 1. Type of Trade: Positional Long Trade 2. Buy on dips 3. Price Should sustain above 330 - 350 price zone.
Renuka Sugar consolidating at previous top support since April 2022. Sustaining the same, the stock is most likely to test its previous high and also go beyond it. Type of Trade : Positional Long Trade
The Stock has picked up good upside momentum with the support of volumes, above 1800 should be a good buy Entry - 1802 Stop loss - 1680 Target - 2188
Hi all, This is my first post so please take it easy on me! Here's a very rough idea of what I think may play out over the next few days. Share your thoughts and let me know if you have any ideas on how I can improve my TA/Harmonic usage! I believe the recent bullishness in BTC is a fakeout/relief due to yesterday's drop. I'm looking to short BTC once we hit...
If market closes above 1.86913 on the 1h and 4h, i will be looking to enter for a long position to 1.92633 (TP) It will also coincidentally create a inverted H&S on the 4h and Daily TF.
Hello traders, here we are again looking at EURCAD with a nice sell opportunity. on the 4hr time frame, there is a clean descending channel with some false breakout but with that, the chart is neat and clear about the market direction... currently, there is a head and shoulder pattern formed, with breakout and a retest of the 0.5/0.618 retracement levels just as i...
AU is coming into a 50% discount for a low resistance liquidity run. This could give us a potential setup on LTF
There is been a probability of Butterfly Harmonic Pattern on the weekly chart of TataConsumer Ltd. Positive price action Price should close above 815 levels on weekly chart, for this probability to unfold If it unfolds, stock most probably is moving towards 950-970 levels in the coming weeks and months. Good support at 750-760 levels Type of Trade: Positional...
Finally found perfect Change of Character before break the swing level 11500 & pull backed from 11030$, as humans can't live without water same as market can't move without liquidity. Finding Perfect Order Block Entry for Long.
As we can see Price Action, clearly seen Change of Character in Crude Oil after a Big Fall. Now we are waiting for order blocks where market liquidate the most traders and pick the Limit Orders.
As you can see AUDJPY has been trending in uptrend channel for more than 15 days and making higher high and lower lows prove of uptrend and now he is at support all we need is just candle confirmation from 95.200 and we can go long to 96.500 If you liked my idea like it and comment your opinion Good luck all☺️
$GBP - Where to next? A break out to either direction. TJ
This a trading plan based on the symbol BTC/BUSD - Binance . TA provided by Shade from Trade Hunters . All key levels and trading zones are marked in the chart (with all confluences noted in each zone). *not financial advice.