Can Fin Homes Limited Trading technical call for Medium Term
CMP: 477, Closing basis stop loss CBSL: 429, Targets 510 520 530
Technicals:
* Fibonacci retracement
* Pull back trading
* Consolidation Breakout
* Good volumes
* Trend line Breakout
Huge divergence in play could drive price to 61.8 fib area, providing 1 to 5 R/R ratio! The first valid trendline break was near the bottom. You can scale-in your position if you are long already.
Another example where you can trade simultaneously two negatively correlated pairs. You can see that correlation coefficient is close to -1, so you should split your exposure between those trades. Otherwise, your are doubling your risk! Buy the break of local trendline.
1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy...
Bearish Butterfly will potentially lead price to the trendline, after breaking the 15-min line. Divergence on RSI is huge!
1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your...
5-0 bullish formation is possibly ready to drive price to 1.71 area. Divergence is in play both on RSI and MACD. 200 Moving Average holds nicely. Buy order valid after the trendline breakout.
1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate...
Watch out shorting this pair. A false trendline breakout is highly possible despite the fact that huge divergence is in play. Sell the breakout of 1-hour timeframe.
1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals...
Bearish alt bat formation will raise odds for nice move down after breaking high. Please take into account the yellow trendline.
1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence...
NVDA has potential to break out on the 30 minute chart and run back to the longer term trendline near the 210 area. Notice the risk/reward is heavily skewed in your favor. Only look to take on a breakout past the current high at the blue arrow. Buy High, Sell Higher.
Note: No guarantee implied or otherwise. All trades have risk. Only trade what works for...
Huge divergence on the MACD with clear trendline break, could drive price to 61.8 fib level. Try to get better entry cause another leg down is possible.
1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance...
Bearish shark pattern in the making. Sell the trendline breakout.
1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your perception on how Markets work.
4) You do not have to...
Potential bearish move to the bottom of 4-hour expanding wedge. We have a valid trendline break on the 1-hour that could potentially form a nice bearish bat. The 200 Moving Average will probably act as resistance level if price increases gradually.
Bullish Butterfly pattern in the making could provide a nice entry close to 86 level. Please confirm your entry with potential trendline breakout or RSI divergence. You should never jump blindly to a trade.
1) Never risk more than 2% of your account.
2) Try to be emotionless by applying your strategy to the pip.
3) Invest to yourself and then your capital. Try to...
POWR has broken the trend line, hopefully working its way up in spite of strong BTC movement.
First Target 5k
Second Target 8k
Third target 10k
Strong support @3k
Timeline: 7 days
This is no financial advice, just sharing my idea - discussion and suggestions always welcome.
