Price was moving in downtrend for long time. Support taken from Weekly 200EMA Breakout from Horizontal levels (Supports) are observed. Aggressive Entry can be taken now Conservative Entry above specified line for long. SL is specified
Nobody Knows Where is Price Going. Hey traders, here is the analysi. If you guys like my analysis please hit like?? and follow. Thanks. DISCLAIMER- This is not financial advice. SMART MONEY CONCEPT. identify Liquidity Or Become Liquidity
EVERY CANDLE HAS LIQUIDITY. PRICE ALWAYS NEED LIQUIDITY. Nobody Knows Where is Price Going. Hey traders, here is the analysi. If you guys like my analysis please hit like?? and follow. Thanks. DISCLAIMER- This is not financial advice. SMART MONEY CONCEPT. identify Liquidity Or Become Liquidity
Price moving within Falling Wedge for quite some time. Breakout and Retest is observed Formation of HH, HL Support from MA 50,100 (Cross) -->1H TF Support from EMA 200 (Cross) -->1W TF Fib Levels and Horizontal Suppport Levels are marked for TPs possible formation of AB=CD in process Trade with Stop Loss Ride the trend with trailing stop loss
Falling Wedge Breakout Observed Short term and long term Bullish setup is available HH, HL formation Wait for HL formation for Entry or at current level Stop Loss is specified Fib/Horizontal support Levels are specified for TPs Ride the trend and Trail your stop loss Manage your risk properly
Formation of Bearish Bat in process Support from Ascending trendline (Point C of Bearish Bat Pattern) Entry now with TP at every identified fib level Trail your stop loss accordingly
When a stock is ranging its highly recommended to stay away from it and look for better opportunities. We want to trade when a stock is trending we buy with the big boys and book profits with them. For now this stock is in a range and it would be risky to buy this. I would suggest wait for a proper breakout! Hit like & follow guys ;)
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