ThinkingAlts

ThinkingAlts Updated 

HDFC bk looks falling down to 2150-2175 levels with real good support around 2150. If you follow the pink line joining the end of wave 4 and top of wave 1, you'll see there have been multiple attempts to break the strong resistance and once it was broken, the rally was strong to 2500 levels where it retraced sharply. Taking long position if it falls to 2150-75 and...

ThinkingAlts

moving out of triangle, with all higher highs and higher lows, and moving out of triangle with volume and RSI conviction Should retrace back to 1455-60 levels and can zoom higher.

ThinkingAlts

A buy, good support holding around 220, stop at 218, inverse H&S in play.

ThinkingAlts

A buy, good support holding around 220, stop at 218, inverse H&S in play.

ThinkingAlts

Expecting a retrace down to 0.618 fib level after multiple bull and bear trap wicks. should be a great buy for positional traders around 390-420 ranges (highlighted in green). More importantly for this pattern to workout, need a W close below previous candle.

ThinkingAlts Updated 

Seems like the fourth wave is about to end and 5th wave shall begin soon.

ThinkingAlts

Could we be in a giant H&S last leg up??

ThinkingAlts

10000 and 10200 levels are strong support system. But we can find a bear trap wick all the way down to 9600. What matters is not staying there for long. A quick retrace above would keep us in the bull market. Or we wait for 8600 levels . Shorting this can be difficult as there's a possibility of violent move up making more slippages in stop losses.

ThinkingAlts

Fellas, can this be a big ABC correction right now? Somewhat looks like this to me.. We can safely enter green zone and see what happens.

ThinkingAlts

Is anyone having same confusion ? How are you interperting the move now? Any bright ideas?

ThinkingAlts

Feels like a shorting opportunity here at 11750 levels (0.382 fib level from previous high) to 10,500-10,700 levels. Could this be a ABCDE and then a parabolic move to 16500?

ThinkingAlts

I think BTC will get a small pullback at 12850 levels - the region marked in RED and get a strong support around 12400 levels which was earlier difficult to break. But ofcourse looking at how strong the rally is, it might take out the 12850 resistance without a pull back also. Playing with strict stop loss can pay off (IMO)

ThinkingAlts

TWO views currently in KRBL If bounced from here, will face major resistance at 300 If falls more, can find support at 200. Two key levels to watch out. (IMO)

ThinkingAlts

No technical analysis. Just joined local resistances and support. Can this become a bullish flag and we can have another parabolic run to 16-20k ?? I don't know. I guess only time will tell !! Share your views trollbox legends! BITFINEX:BTCUSD Since everyone is desperately waiting to get 10k bottom orders filled, can the corn surprise us by reversing from 9.8k...

ThinkingAlts

Targetting 0.618 fib levels from previous peak for shorting the stock

ThinkingAlts

Depending on signs of RSI showing strength and MACD crossovers, a pullback to 2400-2450 levels can be safely expected. There's a resistance there. Breaking resistance will determine whether we are in first leg of next wave or decending down to complete 5th leg . But in any case, 2400 levels seem probable. BSE:PEL

ThinkingAlts

ADA can breakout considering high volumes, trend reversal signs, MACD, RSI divergence. Weekly and daily charts very indicating strong bullishness. A resistance at 0.00001300 can be expected as it has retraced from 0.38 levels of previous rally in previous all rallies. Watch out this space for next 2 - 3 weeks Try buying between 0.00001050-0.00001100 Stop loss...

ThinkingAlts

BTC can retest previous high. entering the 5th wave MACD and RSI supporting.