DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
HELIOS AND MATHESON ANALYTICS INC - COMMON STOCK, SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, CAESARS ENTERTAINMENT CORPORATION - COMMON STOCK, GENERAL ELECTRIC COMPANY COMMON STOCK, SPDR SELECT SECTOR FUND - FINANCIAL
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Entry above 1104
Stops at 1060
Partial profit booking at 1180
Wait for CCI34 on Weekly to cross >100 for safe trade.
1093 and 1134 next target
need price action to enter long
DAILY FINANCIAL WISDOM: Just as in trading, "a sailor can't control the wind, but he can adjust the sails..
MARKET ANALYSIS: The pair has broke the major resistance zone. Now we can wait for a retracement and if the support zone holds on we can see a huge impulse towards the next major resistance level. So lets wait and see what the market does in the coming days. Cheers!
DAILY FINANCIAL WISDOM: "Beginning traders dream of wealth. True traders dream of consistency..."
DAILY FINANCIAL WISDOM: Just as in trading "A sailor can't control the wind, but he can adjust the sails..."
Nothing can defy gravity forever in markets. Grasim industries stock's nonstop run from 3200 to 5400 has finally come to an end. Almost 1000 points, which took around 3 months to gain have been undone in just 3 days. There is a lesson for traders that, no matter how good things look, you need to keep your risk in check. Now let's work on levels which can give ...
WE LOVE GRASIM NOW THIS IS NOT JACKPOT
$GRASIM building further short (see prior run up and selloff)
$GRASIM potential long term TOP as major channel resis reached with parabolic rally of 45% similar to past 2 instances in 2013 and 2014
Eventhough grasim is fundamentally strong company charts are showing weakness its a head and shoulder formation at top and ready for deep correction neckline support at 8200 a bounce expected from 8200 to 4300 and again fresh selling at 4323 levels to complete right shoulderany break below 4200 will provide target of 4000
GRASIM RSI divergence and 2 year trend resis
$GRASIM short as long as under recent high LT channel resis in play now
DIS STOCK BROKEN ITS TREND LINE AND ITS TIME TO GO SHORT ...ENTRY STOP LOSS AND TARGETS GIVEN ON CHART.
IF YOU AGREE WITH MY VIEW DEN PLEASE HIT LIKE I REALLY APPRECIATE THAT.
TRADE WITH CARE