Hi guys We are still swinging below a downtrend line. If the blue resistance zone ($3.125) is completely consumed; The specified range for spot buying is low risk. If our condition is implemented, the loss limit of the price range trade is $2.255. What do you think?
NSE:BANKNIFTY has broken a trendline. Trade can be taken after closing of candle above the trendline. A strict stoploss should be kept and targets for the same are given. The broken trendline is an important trendline as it has been resistance since 3 weeks. There can be a retesting of the trendline levels.
NSE:RADICO is taking support at upward sloping bullish trendline. We can enter Long position with the stop loss right below the trendline.
NSE:AFFLE is at the resistance zones. Positions can be taken only after breakout and closing of candle above the trendline. Targets for the same are given.
#NLCINDIA : Beautifu Trendline Breakout & Retest Done >> Good Strength in stock >> Good Volume participation started >> Enter at CMP or above safe entry levels on retracement Take Quick 5-10% and keep trailling Follow & Like for more Learning
Long channeling wedge with a technical breakout and 38% short float, this might start getting some legs towards that $25 POC from the previous 6 months. Starting to see covering in some of these highly shorted stocks that had fallen dramatically over the last year and a half. Long UPST since early this morning.
Price created a falling wedge, looking to go long on break and retest of trendline.
Bearish Indications 1. Lower Highs and Lows 2. CXY is bearish & SXY is bullish in 2H TF 3. No Divergence 4. Shooting Star at LH 5. Trend line not broken Bearish Indications 1. Trend is Mature Enough 2. On Larger TF it almost completes Bullish ABCD Pattern Indices on 2H TF DXY => Bearish JXY => Bullish ZXY => Bullish AXY => Bullish EXY => Bullish CXY =>...
Hi traders, AUDCAD is setting up for a upside move watch price to hold the support area and look price action for a long position opportunity. Trade with your own according strategy.
Hello Dear friends On the 4-hour timeframe, we have a negative channelization movement, and on the other hand, the price is currently very compressed and is in a fixed range. Considering the maintenance of the yellow range ($0.2157), there is a high probability of forming an upward trend similar to the drawn scenario. We would be happy to hear your comments
these are only valid if it continues up from that direction. me personally I'm only interested in the 61 and 76 fibs as there's more than just on confluence in that area which is the Trend line retest. so I'd be looking to take that. but it's only medium risk the others are high risk so i recommend risking less 0.5% or less on the white zones and 0.5% or more for...
Strickly based off of technical analysis here. Price did hit and touch the daily support zone for a double bottom. Price came back up to the trend line resistance area. I would look for a reaction off the trendline and confirm a move downward. 1 Hour chart showing resistance to that area. 15 Minute chart showing that selling pressure. If price can fully...
Maxvil : Trendline Breakout Volumes Building up Good strength in Stock
The trade will be executed on Monday so we let it run over the weekend and it forms a solid structure so we also have a solid confluence for a LONG
USDJPY Trendline Trade Idea: - Watch for bearish momentum - Enter with stops above the highs - Targets: 113.457 FX:USDJPY
The price has faced a setback due to bitcoin scoring a new ATH. All altcoins are facing now a pullback and algo is testing a non horizontal daily support and the level "2" which makes it as a strong support. Go long to 2.08 and goodluck.
How many of you guys use trendlines? I only use them on the 4 hourly and it's crazy how the price can react to them. It can be such easy trades. If you don't apply trendlines to your trading, I would recommend you to do so. comment down below what you think.
We have new trendline bounce which means we can continue back up to the monthly SR level at 0.91362 to see if we can pass it. The other possibility is this is just a pullback move for the short and we will continue further south to the 0.89873 zone after a break and retest of the trendline. BULL TPS: • 0.90697 • 0.90955 • 0.91256 New Tps will be posted...