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Resistance_level

OIL - DIVERGENCE at resistance level! As we see, the oil is very close to resistance level of 82,0 until 83,50. A divergence has formed which is a sign of weakness. As soon as we see that the price bounces back from the resistance we can place a short order with SL the highs of the structure and TP 74,0. We are looking at 1:5 RR which is very good risk to reward. In case we brake the resistance level we look for a different scenario. Your comments and support are more than welcome!
CAPITALCOM:OIL_CRUDEShort
by mmackk
NZDJPY VS NZDUSD📈💹 Expert Level Trade Ideas: New Zealand Yen and New Zealand Dollar! 🇳🇿🇯🇵 On New Zealand Yen, we have an overall uptrend movement. Daily chart shows a bit of pullback. Four-hour chart indicates increased volatility with new lows and highs. One-hour chart has a retest of previous support level with a bit of RSI divergence. 🔍 Trading Strategy: Hidden trading opportunities within this chart can be spotted if you know the trading rules. Scan the QR code to learn more and share your findings in our traders cafe. 📈 Weekly Chart: Bearish shark pattern already in play, running at 188 pips. Buying opportunity at 5-0 pattern, 84.36 level. 📊 Daily Chart: Bullish bat pattern presents a buying opportunity at 84.25 completion zone. 📉 Four-Hour Chart: Use the staircase trading strategy. Wait for a pullback at 86.91 for a short or a breakout trade below 86.38 to chase the bearish movement. First target at 85.36. ⏰ One-Hour Chart: Similar situation, no need to repeat. 💼 Love Planning Your Trades? Set rules, look for conditions, and spend 15 minutes a day on your market analysis. Drop me a DM if you want to trade smart and efficiently. #ExpertTradeIdeas #NewZealandYen #NewZealandDollar #Uptrend #BullishOpportunity #BearishSharkPattern #StaircaseTrading #BuyingOpportunity #SetRules #TradeSmart #DMForDetails
Short
by RaynLim
BTC/USDT 1HInterval reviewHello everyone, let's look at the BTC to USDT chart taking into account the timeframe of 1 hour. First, we will mark the local downtrend line under which the price is moving. We will use the fib retracement tool to plot support and we see a support zone from $28996 to $28956, then there is a second zone from $28914 to $28854 and then strong support at $28779. Now let's go from the resistance line, as you can see the first resistance is the zone from $29031 to $29108, if you manage to break it further we have the second zone from $29187 to $29296 and then strong resistance at $29438. Looking at the CHOP indicator, we see that there is still energy for the current move, the RSI is at the lower limit, which in combination with the STOCH indicator on which we crossed the lower limit can give a local price increase..
by cryptodailyuk
1
Double bottom pattern Today stock or it call stock of the weak *Berger paints India Ltd Fundamental analysis market cap 68451cr PE ratio 79.5 this High value compare to 1, 5&10 years, lower compare to 3years PE PEG ratio >1 to high ROCE 23.8 ROE20.4 Dedt to equity 0.6 EPS 8.85 Technical analysis Double bottom formation Near at resistance level of the double bottom Current level is main resistance 707and next resistance is 745 Can get 1:1 ratio of risk reward Take 550 as a stop loss can get 1000+ 1:1.5 ratio risk reward
NSE:BERGEPAINTLong
by investigationofchart
BTC/USDT check the description!Hello everyone, let's look at the BTC to USDT chart on a one hour time frame. As you can see, the price has moved sideways from the local downtrend line. When we unfold the trend based fib extension tool, we can mark the first support zone from $28998 to $28830, then we mark the second strong support zone from $2855 to $28357. Looking the other way, we will check the resistance places in the same way and here we see that the first resistance is at $29254, then the second at $29475, the third at $29656 and the fourth strong resistance at $29831. At this point, it is worth paying attention to the CHOP Index and the RSI indicator, because we can see that when we crossed the lower limit on the CHOP indicator and the upper limit on the RSI indicator, there was a strong change in the price trend.
by cryptodailyuk
1
NIFTY to start falling more than S&P500 from next week onwardsNIFTY/SPX chart has hit the upper trendline of ASCENDING WEDGE this week. it had hit the upper trendline 2 TIMES and the lower trendline 3 TIMES till now and has reversed every time since 2020 we can clearly see that whenever the price has reversed from the LOWER TRENDLINE , NIFTY has started performing better than S&P500 and whenever price has reversed from the UPPER TRENDLINE S&P500 has started performing better than NIFTY Now that the REVERSAL is imminent in the WEDGE pattern and global markets are VERY BEARISH , hence we can expect that the BEAR RALLY of indian market is over and it will become MORE BEARISH than the USA market from the next week onwards SP:SPX NSE:NIFTY Thanks a lot for reading...
NSE:NIFTYShort
by peace_lover
6
BTC-USDT Short-Term 30M IntervalHello everyone, let's look at the BTC to USDT chart on a 30 minute time frame. As you can see, the price has moved sideways from the downtrend line. After unfolding the trend based fib extension grid, we see that the first significant support is at $28,766, the second at $28,586, and then the third at $28,413. Now let's move on to resistance and as you can see first we have a strong resistance zone from $29293 to $29413, then we have resistance at $29565 and then resistance at $30005. The CHOP index indicates that the energy is rising, the MACD indicates that we are moving in an uptrend with room for further growth, and on the STOCH indicator we are approaching the upper limit, after crossing it, we can rebound the price.
COINBASE:BTCUSD
by cryptodailyuk