Wavozen

Wavozen Updated 

Reason for long a) Fib level as support for 3% profit in 2 days b) similar time of pattern happened in past and moved higher hence history tends to repeat c) SL compulsory

Wavozen Updated 

Reason for long a) pull back with pin bar candle b) vwap support play c) horizontal support SL compulsory

Wavozen Updated 

Reason for long a) pull back as bear candles are week b) pin bar near the ema signifies the entry for long c) SL compulsory

Wavozen Updated 

Reason for long a) Consolidation breakout b) channel breakout c) SL compulsory

Wavozen Updated 

Reason for short a) SHort build with heavy volume b) any upswing is short c) SL compulsory

Wavozen Updated 

Reason for short a) All 4 parameter meet for short (SQUBE -VP strategy) b) channel breakout c) vwamp resistance d) SL compulsory

Wavozen Updated 

Reason for short a) Gap down b) Good false high c) SQUBE strategy all negative hence short SL compulsory for intraday only

Wavozen Updated 

Reason for long a) Long build up as OI increase and price increases b) SL compulsory c) mini flag formation

Wavozen Updated 

Reason for short a) It may touch sep low or oct low b) SL compulsory b) good risk reward zone

Wavozen Updated 

Reason for long a) Flag formation in development b) any breakout is long c) Good volume and price spurt SL compulsory

Wavozen Updated 

Reason for long a) Good volume inflow at lower levels Hence long possibility b) 160 level is the averaging point for long term investment c) SL compulsory for short term trading

Wavozen Updated 

Reason for long a) flag formation hence long b) Fib retracement reacted towards upside hence long c) SL compulsory

Wavozen Updated 

Reason for long a) Double bottom b) fib 50% retracement level c) good risk reward zone

Wavozen Updated 

Reason for long 1. Market structure - medium bullish and consolidation 2. Consolidation before the Breakout : 3 month consolidation breakout 3. Support-Resistance levels: Entry near support 4. Supply-Demand zones: Demand zone as evident by volume 5. Location of 200MA or 200EMA: Horizontal 6. Overlap with a Fibonacci level : matching with golden ratio near entry 7....

Wavozen Updated 

Reason for long 1. Market structure - bullish and long term consolidation range bound market 2. Consolidation before the Breakout : 1 week mini consolidation as flag 3. Support-Resistance levels: Entry near support 4. Supply-Demand zones: Demand zone as evident by volume 5. Location of 200MA or 200EMA: horizontal 6. Overlap with a Fibonacci level : Not...

Wavozen Updated 

Reason for long 1. Market structure - bearish but reversal trade as volume picked up 2. Consolidation before the Breakout : 2 month consolidation 3. Support-Resistance levels: Entry near support 4. Supply-Demand zones: Demand zone as evident by volume 5. Location of 200MA or 200EMA: down trend as it is reversal trade 6. Overlap with a Fibonacci level : not...

Wavozen Updated 

Reason for long 1. Market structure - bullish 2. Consolidation before the Breakout : 3 month consolidation 3. Support-Resistance levels: Entry near support 4. Supply-Demand zones: Demand zone as evident by volume 5. Location of 200MA or 200EMA: flat 6. Overlap with a Fibonacci level : entry near 0.382 breakout level 7. Candlestick pattern and the size of candles :...

Wavozen Updated 

Reason for long 1. Market structure - bullish 2. Consolidation before the Breakout : Not applicable as it is pull back trade 3. Support-Resistance levels: Entry near support 4. Supply-Demand zones: Demand zone as evident by volume 5. Location of 200MA or 200EMA: 60 degree angle up 6. Overlap with a Fibonacci level : matching with golden ratio near entry 7....