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Happiest Minds Trend AnalysisHeadquartered in Bangalore, with operations in the U.S, UK, Canada, Australia and Middle East. Ranked 4th in IT Services which works on disruptive technologies such as artificial intelligence, blockchain, cloud, digital process automation, internet of things, robotics/drones, security, virtual/augmented reality, etc. Sound fundamentals with PE at steeper side after TATA ELXSI. Expecting the Forward PE to be around 30 levels as per the growing trend of EPS with further reduction in share price in near future. One of the most complicated charts has been SIMPLIFIED finally after GIVING UP several times. Price is moving inside two curved trend lines highlighted and will continue lower as it broke the trendline support and is ranging below it, tried to retest it twice but failed. A reverse Cup with Handle pattern formed as highlighted. Expecting Triple Three correction before a possible break out towards upside. First correction was FLAT, second was ZIGZAG and the third is expected to be a TRIANGLE. Technical target is around 565 which lies in confluence with FIB level and curved trendline support. Best to accumulate around 500-575 levels for a good upside. Will update the targets after getting the much deserved MOTIVATION which doesn't cost you either time or money. As always do your own due diligence before taking any action. Peace!!
NSE:HAPPSTMNDSShort
by Swastik24
4
Gold Ranging marketHello and welcome to the golds anxiety zone where you might find it difficult to determine the long term trend of the most traded metal i.e. Gold. Circumstances might prevail that may lead you to buy Gold at this point, owing to the recent correction during last and current week. But the reality is that long term direction of gold is still undecided. For the continuation of an uptrend we need to see a daily candle opened above the 1874 mark and for the lower targets the barrier in our way ends at 1787, unless any of these levels are broken we not really in for a long term entry. Therefore, make no haste, the market is not going anywhere and shall always present a trading opportunity. If any of these levels are broken, the targets are marked in red and blue on the screen considering the previous data provided by the chart. But if I were to tell you about a more probable direction, I would side with bears since there is no apparent reason for USD to weaken drastically and if the bearish engulfing or a hanging man concludes the daily candle today on XAUUSD, we have more evidence to go short.
PEPPERSTONE:XAUUSD
by Uzi-Trades-Forex
A Breakout Signal!The candlestick indicates an uptrend pattern where the price closed above the MA20 line with volume crossing up the MA20 line. The RSI, MACD, and OBV indicators indicate a divergence signal with a probability of an uptrend pattern. Precaution for a price correction between 10% - 20% from the recent peak before the price continues with uptrend movement to the next price resistance. Let's save TANCO in WL and watch out for significant price movement with volume to the next price resistance. R 0.370 S 0.315
MYX:TANCOLong
by eskopitehmilo
USDCAD short trade idea before NFP data releaseUSDCAD has been on a bullish trend for ten days while market participants waiting for the Non-Farm payroll data release, and currently, we are seeing price form a head and shoulders pattern. personally, I am still waiting for the price completely formed H&S pattern and the price to break out of the 1.27190 support level, it will confirm my sell setup for this pair. The downside target will be at 1.26050. be patience ;) **Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
1
Minor (Bullish) and Major (Bearish) Bitcoin Price MoveThis is my unbiased observation on #Bitcoin price move as seen on the lower TF (4hrs) and the higher TF (Daily). As seen on the chart: The 4hrs TF clearly shows a Bullish flag Pattern has been boldly printed which signifies an upward move in price to the $48k - $50k region. Moving onto the Higher TF, a large Bearish Flag can be boldly seen printed on the chart and it's a confirmation that we are still going to experience a massive upcoming dip to around the $28k - $30k region. @CryptoPornster @JBDigital
B
by JBDigitalNetwork
AUDUSD trade idea on 1H timeframeprice played inside descending broadening wedge and also respected the support level at 0.70530, for a short term trade we can take the upside movement inside the DBW pattern. please wait until rejection occurs clearly on the lower timeframe for a buy entry. Good luck traders! **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
2
$TSLA beats the earnings expectation!a quick recap on tesla play this morning. congratulations if you caught the move this morning for $TSLA (see my previous post). the buy and sell signal for put was reached in the first 2 hours after the market opens and keeps going down. after the earnings announcement, Tesla stocks surge up and in after-hours, it pulls back down. later in the evening. those moves are typical in every earnings after hours. Tesla will surge back again in pre-market. with the hype of the positive news and guidance about the next earnings tesla could continue to surge back up again back to 1050-1100 keep in mind that there's a fed meeting tomorrow so the market could get choppy as the meeting goes on. if tesla surges up in the aftermarket there's a high probability of a sell-off at the opening bell as pre-market people are taking a profit. let the pre-market people take profits and ride the reversal after the sell-off cools off. if the tesla opens lower below 1000 ride the momentum as the volume of picks up to the upside. Below is my ideal entry for day trading or scalp play. TSLA: Day trade or scalp target play: 04/21/22 Buy call above 1039.66 sell at 1050.88 or above. Buy puts below 1009.40 sell at 997.47 or below. option open interest: ideal expiration date: 4/29/22 5/20/22 6/17/22 Hello everyone, Welcome to this free technical analysis. ( mostly momentum play ) I am going to explain where I think this stock might possibly going the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions on which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would appreciate it if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
NASDAQ:TSLALong
by CHRIS_B58
NZDJPY trade idea at 30mcurrently, we are seeing the price held by a strong support level at 86.610, I will wait for the price to break out of the support level with strong momentum down before placing any sell order. **Disclaimer** the content on this analysis is subject to change at any time without notice and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX