ASAD_G47

ASAD_G47

XABCD Butterfly pattern has been drawn on price chart. Three White Soldiers appeared signaling an upward break out for the final leg of CD. Just wait till breakout confirmation once previous LH is breached. Keeping Stop Loss at previous prominent HL of leg AB, my trading values are mentioned on the chart. Taking 2 trades with 1:1 and 1:2 risk/reward ratio.

ASAD_G47 Updated 

On 1h , AB=CD pattern has been drawn. Since there is no RSI divergence as well, therefore, Bullish Trend is likely to continue till reaching Potential Reversal Zone. Be watchful there for any reversal. My trade values are depicted on chart. Keeping Risk/Reward ratio to 1 and 2 respectively for two trades.

ASAD_G47 Updated 

On Daily time frame, Bullish Butterfly Reversal Pattern is appearing. Prior to Point C, a bearish divergence and Double top also appeared causing the Price to move in downward trend. If Price chart makes another LL below 10.68962, above which a support level also exists and price may bounce back a bit, then SHORT trade is in order. One can take the trade deep up...

ASAD_G47 Updated 

On 1D time frame, no Divergence is observed. Therefore, bullish trend should resume from Bullish flag formation breakout. One can estimate the length of breakout by using Pole as reference. This going to take couple of months. So patience is the key. My trading values are depicting on Price chart.

ASAD_G47 Updated 

On 1M scale, AB=CD Bullish Reversal Harmonic pattern has been drawn which seems to be almost perfect fit in real world scenario. Fundamentally Origin Agritech Ltd (SEED), two-decade old company, has recently developed a GMO corn seed which has been said to have doubled the yield of crop. Besides, seeing the historical data with technical analysis of the Price...

ASAD_G47 Updated 

On 1D scale, AB=CD has been drawn. Once previous HH is broken then take Entry through Buy Stop at 2399 . Keep Stop Loss at previous Higher Low at 2277. Set TPs as per risk reward. My values are depicted on chart. At 2670 tp 2790 is Potential Reversal Zone (PRZ). One may be mindful to be vigilant of reversal.

ASAD_G47

Since RSI is moving between 30 to 70 with sideways movement of price on 15 Min time frame, therefore, after drawing Support and Resistance on 30 Min frame, switch back to 15 Min frame. Both LONG and SHORT trades are in order as price action can go either side. Taking four trades as per values mentioned on the chart.

ASAD_G47

On 1D scale. AB=CD pattern has been drawn. Therefore, LONG trade is in order. Keeping Risk/Reward 1 and 2 respectively, two trades are being taken. My trade values are mentioned on chart.

ASAD_G47

On Daily time frame, Harmonic pattern AB=CD has been drawn. A SHORT trade is in order. My trade values are written on the chart keeping Risk/Reward = 1 and 2 respectively for two trades. Keeping in mind PRZ which if responded may result in Bullish reversal, therefore, TP2 may be adjusted accordingly.

ASAD_G47

On 1Week scale the chart has retraced to Fib 0.382 and 0.50 levels. Therefore, I'm expecting it to once again retrace back to Fib 0.382 level before continuing back to its upward trend. The results will be visible in 2 weeks time. Therefore, for SHORT Trade I'll take positions as mentioned on my chart keeping risk/reward ratio: 1. Then for LONG Trade, I'll wait...

ASAD_G47

On 4h scale, bearish reversal is being experienced as previous LL has been breached, therefore, taking trades as per prices depicted on Price chart.

ASAD_G47

On 4h scale, Bearish reversal AB=CD Harmonic pattern has been drawn. Once the trend enters Potentially Reversable Zone (PRZ) and if RSI bearish divergence is also present then it will indicate a Bearish reversal. Also note that vale of C point retracement is 0.706 which is close to ideal 0.707 that corresponds to BC Projection of 1.41. Accordingly Point D has been...

ASAD_G47 Updated 

On 1H scale, after Fib 0.382 retracement, the trend is likely to continue in bullish (upward) as still no RSI divergence is observed. My Trade values are depicted on chart.

ASAD_G47 Updated 

On 1h scale reverse Cup & Handle are forming. Double bottom 2 may only result in making the Handle besides there is no RSI Bullish Divergence seen, therefore, planning on taking trade (Entry: Sell Stop) once it breaks Resistance level this will ensure that if Double bottom does play and take the trend upwards then my trade should not trigger. On the other hand, if...

ASAD_G47

On 1D scale, seems like bearish trend will continue as there is a Pole & Flag has formed already and no divergence is seen. So enter at the bottom of Pole, Keep S/L at previous LH and TPs as per Risk reward of1:1 and 1:2 respectively.

ASAD_G47 Updated 

#BTC On 1 Month scale Cup has already formed and now handle is forming. If it is formed then we are likely to see a Bull run which may start by end Aug 2024 (if Fib 0.38 is retraced) or end Jun 2024 even (if Fib 0.236 support is activated) and will continue till Aug 2026. Remember the analysis is based on monthly scale so it is for those who have patience and...

ASAD_G47

On 1h scale, Descending Triangle forming on overall bearish trend. Moreover no Divergence seen. Therefore, trend will continue. Short Trade is in order once LL is tested. My trade values are depicted on Price chart. Setting TPs as per Risk:Reward 1:1

ASAD_G47

On 4h Scale bearish reversal is observed as both Double Top and Bearish divergence are observed. Taking trade as depicted on Price chart.