Bearish Chart pattern forming on 4h / 1h timeframe indicating a potential uptrend reversal which could retrace to the 0.382 Fibonacci Level and beyond. This trade idea offers an excellent 5+ Risk to Reward Ratio for the remainder of the week and due to the UK's troubles of tax, political unreasonableness and general economic horror i expect this ...
First MA21 crosses the downtrend and goes below the candles, then I find a little resistance, then I see MA14 crosses RSI below, and then the candles hit resistance, that's my entry confirmation
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. USDCHF is overall bullish trading inside the brown rising broadening wedge, and it is currently approaching the upper brown trendline. Moreover, the zone 1.0 - 1.005 is a strong resistance zone . So the highlighted purple circle is a strong area to look for sell setups as it...
the two dark blue lines, shows the that the stock is on its IPO zonem, stock is at a very discount, it can all go up till 2200, with a very good swing trading. still can go further upside, in the long term. sales are good, quater results are also good. its a stock with good fundamentals, and a multibagger.
As we can see Price is in Correction Phase and Reached at a strong Supply zone just wait for Valid Sell Conformation. Trade safely my friends and let me know your views in comments. Radhe Radhe
🤑 Nifty is likely to be Bullish till it's above 17245. ❓ Reason: Because of two consecutive candles closed above ATM Machine Target and not much far away. 🚧 Upside Hurdles: 17340, 17395, 17535. 🌈 Advice: 1.) Take reversal trade near these levels, or 2.) Wait for Breakout and Sustainability. 🟢 Positional Trend is Positive. 🟡 Long Term Trend is Neutral. 📢...
Axis Bank took solid support around 710 ( support treandline from 2015 and it got broke nly 2 out of ~10 instances and those 2 are Mar'20, apr-may'22). Stated reversing towards resistance trendline around 830 (ATH) with next levels as 770,830 in 4-6 weeks once break above with volumes then rallycango till 1000 or if rejected at resistance then 770, 730 levels...
Interesting Stock, on the 15th of July the price made what is called in technical analysis dead cross, a signal for a beginning of a downtrend. Now it seems that the price is using the line of the moving average of the 200 periods as resistance and is entered an area between the price 381.05 and 351.05. If the price will break the level of 351.05, there is a good...
2nd position closed when the price rich an interesting area between the level price 10.30 and 9.70. let's see if the price will remain in this area and accumulate before will broke this 2 level. start a new trend going up or continuing the downtrend. My vision is still short.
The second position opened at 290.96 and closed at 279.02, with the volatility rising I decide a protective approach, in order to protect my profit. But my vision is still Short, let's see what will happens
Looking for price to make a continuation hopefully off the back of some USD strength, as I've covered fundamentals can change things very quick but if you can get a position before anything affects the market you can give yourself the opportunity to catch huge moves! Trade smart and keep on top of your risk management! good luck
Don't put all of your eggs in ONE BASKET. But if you can believe one thing only, it will be Elon Musks Ideas to Happen
USDJPY - LONG Entry : 143.5 - 143.4 Take Profit : 146.670
Apple is obviously established and a good pick for a buy and hold. It would take something drastic to drop the price more than it went this week imo and if it does its perfect for DCA.
Inverted head and shoulder on Patanjali foods Close below 1300 could be a good short candidate
Now we are going down a little bit but our main action is to see the price of Bitcoin go up. We need to see some movement for Bitcoin to rise. Then additional forces enter the market and start buying. I'm willing to buy some.
The Bear Market is continuing for this stock, and it seems don't want to stop let's see how far will go.