PIDILITE INDUSTRIES looks good for a swing trade. This stock is a fundamentally strong and is now available at a discount as per technicals. The Reasons are listed below : Strong support at 2250-2300 levels. Formed a strong bullish engulfing candle on weekly timeframe. 0.382 Fibonacci support. Broke falling wedge pattern i.e a bullish sign. Holding onto...
Heres my outlook on AUDJPY. We have a clear, prominent, break of structure to the upside. Continuing with trend our daily bias in bullish. Now i know price has tagged the previous supply zone on the daily im not silly but when the setups are there the setups are there... I may get out slightly early because of this reason but i will be looking to buy NOW. We...
Nasdaq 100 pull back into discount range expected in order to take advantage of the uptrend that is currently unfolding.
*SMT = Smart Money Theory = everything you think that is not retail related to trading. First, SMT does not believe that triangles, wedges , trendlines , channels, harmonics, etc. has any effect on how price reacts. The second is to recognize that the price is not random, it is set by an algorithm controlled by those that control the asset. The Third thing to...
CZR is cheap at the current price. The market sucks again but I'm going to take this easy trade, it's a no brainer. CZR retraced to the .618 on the fib and proved it was a valid support level by closing right at it with a lower wick on Friday's candle. Buyers stepped in and I expect more of the same tomorrow. All other technicals look awful on the daily but that...
Possible long play utilizing Smart Money Concept. Easy 1/7RR if alls well ;)
Good day & Welcome to another edition of FrancoBlanco's Dreams today my nightmares are confirmed Bitcoin is forming an Elliot Wave pattern according to my charts give me the benefit of the drought please don't judge me as a trader judge the sentiment of the market. And above all keep a close eye on the TOTAL & TOTAL2 Market caps. I'm a long Term Bitcoin Bull by...
I wish I could post a screenshot of my running trade here. Once again I'm showing this concept here, it's been a while now I've been catching trades on gold drawing my zones and watching those big wicks, entry on 50% of the wick. I can only say that once you backtest something and take trades practicing that same thing, you get more confident with the time. Gold...