NIFTY 50, LEVELS!!!this levels are based on the my analysis. when the makret consolidates meaning comes in a range after some big move, a great support and resistance lines can be formed.
levels can also be formed, where and which level did market respect based on opening and closing time. market giving respect meaning both buyers and sellers had agreed to that level.
i will soon post the patterns, and those trend lines formed by nifty. so stay connected!!
i have not drawn levels from 16828 till bottom. BECAUSE I DONT BELIEVE MARKETS WILL GO DOWN, this analysis is been posted and you can check in the link sections
Levels
types of pullbacksIn this lesson, I shared with you the types of pullbacks
Be careful, pullbacks are breaks in the middle of the trend
Poolbacks do not have the strength of main steps
In my opinion, the best type of trading with pullbacks is to recognize the completion of these corrections patterns so that we can move in the direction of the trend at the right point.
Of course, it depends on your trading time frame.
MANAPPURAM levels, and waves!!"when a stock falls in such a fast movement, it rises based on supporting its fall".
the stock is in the range of 0.618 of FIBONNACI
good time to enter to take the advantage of 3rd wave.
stock will rise from Monday onwards.
targets are mentioned.
purple line shows the actual value the stock should be trading at. so the stock is available at a lot discount. one can go on putting more money on every time, when it falls during its rising.
ASO Playing a Bounce off SupportAcademy Spots & Outdoors, a wonderful long time company that has been around years, and more recently on the market is fundamentally bringing in more gross revenue and profits every quarter.
Fundamentally, this company is an A+ and is coming in with a 5.5 P/E Ratio.
Technicals Wise, we are seeing ASO bounce off a very strong Triple Support Level.
This is a super strong piece of support, and is seeing lots of buyers coming in to ASO at this Level.
ASO has also been in a bullish wedge formation, and is attempting a break up here off this bounce.
Retail has been sold off entirely through the past few months, and is starting to shape a reversal.
Ways to play :
Shares
Apr. 14 $40c or $45c
Many other ways too.
I strongly believe this is a great LT and or Swing entry to ASO.
SUPRIYA LIFESCIENCE, LEVELS!!supriya lifescience is a good company, with a good fundamentals and increasing profits. lastly it has a good profit margin too.
pharma sector is a most toughest sector to analyse.
still with a help of technicals and price action we can make it easier.
targets are mentioned, the stock is following certaining support levels, no movement in the stock for certain continuous days, let see for a movement, and then take the trades.
top of that nifty pharma will get its impulse move soon. (check links part)
note: not a gurrantee investment idea, just ofr nalysis part and education part.
Bitcoin support/resistance levels and zones in daily timeframeBitcoin is in a decisional zone and as show in the chart, the main supply and demand zones in daily timeframe are 17600 as support and 24260 as resistance . these zones are accompanies with a " Price Inefficiency " or as you might have heard " Fair Value Gap ". please refer to the ideas chart to check the zones.
basically waiting for each of these zones to be broken and to be accompanied with a pullback to that zone is the most logical strategy at the time being. the zone which is broken can also work as a stoploss in case of an entry.
for the sake of listing a possible strategy:
wait for the any of the above mentioned zones to be broken with a candle body not a shadow.
wait for the pullback for entry.
set a stop loss on top of the broken zone in case of a short position or on the bottom of the broken zone in case of a long position.
calculate you position volume based on the stop loss and your risk tolerance.
having a clear strategy and patience is the key to the game.
BTCUSDT Short term and Long term UPDATEHey everyone, I recorded a video quick video so I wouldn't have to type a million words. I told you previously that we were waiting for a bear market rally, and we got it. Everything else is in the video. I will be back in October when my studio is set up at my new my place. Thanks again!
BTC long idea Plan and Triggerthis is also not a prediction but a plan for the long side of this trade.
BTC is currently holding the R2-H, if it gets above the and hold's that Green S/R level, breakout of falling resistance and gets above EMS on 30 min chart and 1 hour chart, That's will be the trigger for a Long to Range H, Target 1 and Target 2
EURCAD Detailed Trading Plan! Let's GO!Welcome back! Let me know your thoughts in the comments!
**EURCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
$SMMT Next Target PT 2 and higherSummit Therapeutics Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat infectious diseases in the United States and Latin America. It conducts clinical programs focusing on Clostridioides difficile infection (CDI). The company's lead product candidate is ridinilazole, an orally administered small molecule antibiotic that is in Phase III clinical trials for the treatment of CDI. It also offers SMT-738, for combating multidrug resistant infections primarily carbapenem-resistant Enterobacteriaceae infections; and DDS-04 series for the potential treatment of infections caused by the Enterobacteriaceae. The company was founded in 2003 and is based in Cambridge, Massachusetts.
Bumping up my stops. BTC might have a rough weekend ahead, the low of May 12th is looming as the next major resistance.
Making some popcorn to watch the show, with ETH, sucking the liquidity out of Bitcoin as it charges ahead into the merge. But the sell at ETH’s peak will be epic, and then it’ll transfer back into Bitcoin. (S.W.A.G.) not Financial advise!
AUDCHF BREAKOUT SETUPPair: AUDCHF
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, consolidation period
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Key Takeaway: Need to see a break of resistance, already seen a break of trend line
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Level needed: need a close by 0.67220
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Trade: Long
RISK:REWARD 1:11
SL: 16
TP: 180
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
BTC / USDT HTF (Monthly - Weekly - Daily) S/R levelsBTC / USDT HTF (Monthly - Weekly - Daily) S/R levels
* Purple: Monthly
* Green: Weekly
* Red: Daily
* Full: Level that should hold the move up / down
* Striped: Level that is targeted to break. If broken, a reversal is expected
* Dotted: General S/R level // Break level that got broken 'clean' (S/R flip)
* 0.5 Levels: 50% of imbalance
BTC Current Resting Liquidity...Marked are levels of resting liquidity (Stops Above/Below). As always on my charts, Red = Monthly Orange = Weekly.
I don't see a scenario where the Relative Equal Lows (REL) don't get grabbed. If we grab the REL first, I'd consider this QUITE Bullish, and be looking to Long into the Weekly/Monthly Levels above.
If we move UP before taking the REL, I'd be looking to Short the Weekly FVG area, perhaps even the OB (if it gets that high), and ride it down to the REL.
If we break below the Green Box we're sitting on, I'd say the REL are about to get run.
As always, practice solid risk management, use SL, and good luck trading!