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PREPARE NEXT WEEK FOR #PROFITABLE ENTRIES - INFY - 30MN - INDIAThank you for your likes! Please share to benefit everyone! Much appreciated! ____________________________________________________________ High potential of profitable entries next week as the INFY INFOSYS price has returned to its historical super strong line . This line has been reverting from powerful support to massive resistance line. The market has a high probability to go away from this actual point. This elastic movement could lead in the future to a new type of trend. Above the price, the first resistance R' which can become a pullback point . Same for under, the support S' which can be a point of pullback up . This showing a new ranging trend of the INFY. Breaks might happen: - If the market breaks the S' support line , we could observe a nice downtrend before observing a recovery back to the black center line. - If the market breaks the R' resistance line , we could see the market first testing the previous uptrend support line which will become a potential pullback zone. Keep in mind: The volume down there is important and has to be higher than the dotted line traced i n order to make a decisio n having better probability to succeed.
NSE:INFY
by Diallo_Charts_Ideas
HIGH VOLUMES ON CREDIT SUISSE - PREPARE NOW - TVIX - 30MNThank you for your likes! Much appreciated! Please also share to benefit to the community. ________________________________________________________________________ After a long run down, we notice that the TVIX is suddenly running in the opposite direction. Huge volumes are present now . Possibility of a live observation of the end of the uptrend. Prepare to enter , with a probability of seeing the price returning to the blue doted line corresponding to an historical resistance . If you already have positions and could gain through this up move, it is time to get out and wait for new entry.
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by Diallo_Charts_Ideas
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ENTER SHORT NOW - LIVE TRADE - ZN1! - 30MN - OPPORTUNITYThank you for your likes! Please also MAX. Share! Very appreciated! ___________________________________________________________ We observed that the market has tested the resistance line several times . Now that the volumes have broken our signal rectangle , and, at the same time, the market illustrates the formation of a long wick perfectly on the resistance line, the probability of seeing the market pulling back strongly are increasing. The market always decides, so keep in mind that the next candlestick will be crucial and possible entry for a Short trade. Alternatives: If the market breaks the resistance line with a large candlestick larger than the one before, then, the entry will have to be confirmed with the following candlestick for a Long entry.
CBOT:ZN1!Short
by Diallo_Charts_Ideas
XAU/USD H4 Long Entry Re-capI re-created a trade I executed on a demo account I've been using to test this idea. I've been working on this strategy and, more importantly, my patience for the past 6 months or so. I'm Wondering if anyone else uses something similar to this when looking for entry points & confirmation. I'll do my best to explain the thought process on why I entered long, because last Friday I made a post with a bearish prediction. The white trend lines are a bullish channel that started back in 2018. The red was drawn on the H4 from the high point in early March. There are 3 steps I use(d) to try and find the right entry. 1) Break above the trend line. This was a clean break above the trend line with a fairly strong candle close. Easily could have been an entry point, but the candle wick was too long for me to use this breakout as the sole confirmation. 2) Confirmation Zone. This is something I started using after entering on too many false breakouts. I created the top line of the zone by simply using the top of the previous higher high. The bottom line of the zone isn’t nearly as important. I typically will look to put it at a S/R line that has 2-3 pivot points on it. In this case, the $1630-$1645 range had many pivot points. 3) Strong bull candle broke above the confirmation zone and closed. The hard part here is having the patience to wait for the candle to close, and making sure it’s a strong candle with more body than wick. This was strong, and enough confirmation for me to enter. Entry) I didn’t have a Buy Stop in place, so I dropped down to a shorter time-frame to try finding the best entry point. After I entered, I set my S/L just under the Confirmation Zone. Note: I don’t typically start out with a set T/P. I will usually draw lines like I did on this and if they hit it, I’ll re-evaluate to see if I want to close out or not. I like to monitor it and manually adjust the S/L, or use a trailing stop. Each situation is different though. *Not financial advice*
FX_IDC:XAUUSDLong
by RedShieldGroup
A.O. Smith; awaiting Q1 EPS results to enter a long positionA.O. Smith corp. has a history of stable EPS growth; however, the Corona lockdown is likely to affect the EPS in 2020 and maybe the consecutive year’s expected growth. In FY 2009, the company traded at a P/E ratio of 13 in average. Taking a very pessimistic perspective, one could argue that the economy will experience a recession similar to the one in 2008, that the P/E ratio will fall as the future growth perspectives turn negative. At the same time yearly EPS fall to $1.7, which would justify the stock price falling to $1.7*13 = $22.1. Shortly after the recession as future prospects get better and the company is able to generate higher EPS, we could expect both annual EPS and P/E ratio to recover and the share price to bounce back to $2.6*19 = 49.4$. This is an extreme perspective and a more realistic movement of the share price could be: share price falling to $1.5*19 = $28.5 (within April 2020) and bouncing back to $2.23*19 = 42,3 $ by the end of 2021. Buying idea Option 1 Option 2 Entry price $28.5 $22.5 Take profit $42.75 $49.5 Max expected holding period 18-months 18-months Profit 50% 220% I`ll buy the stock as soon as it hits $28.5. Good luck!
NYSE:AOSLong
by PeterLang_7
USDJPY analysisUSDJPY 108.45 breakdown level of the trend line of the previous model. Now it is a support level. Consolidation of USDJPY under 108.1 there is a high probability of reaching 107.00. Above 109.70, there is a high probability of reaching 111.30. Levels for buy by the pentagram 107.37 / 108.10, levels for sell 110.24 / 110.69 Sell from the top levels to the targets at the bottom, buy from the targets at the bottom towards the top levels. Remember the higher plan levels (107 & 111.30) reference points 108.25 / 108.38 / 109.04 / 109.16 / 109.59 hypothetical support/resistance points vertical lines - forecast of high/low in time (a local spike is possible, but not necessary). Forecast of coordinates&time depending on the direction of movement high 109.86 / low 108.50.
by Amazonka777
LONG on BTC : 3 Important support levels for short termHere it is the 3 important levels for bitcoin. Every support level that I will mention below is pretty much become a psychological area for bitcoin (green zone). each levels are having a confluence with the fibonacci levels. Here are the details for every levels and how I divide my capital to enter this long position. 1st level The area of 50% fibonacci levels, which moving align with the resistance turning support based on previous break out period on October 18th. I will put 25% of my capital to enter long position here. 2nd level The area of golden pocket zone. However, we must consider this level as the major support (8090 - 8070). Put another 25% capital as the 1st averaging action. 3rd level Is the most exciting level. This level consist of the higher body closed considering the top of the impulse wave 1, 78.6 fibonacci retracement level as the flavor of the year, and the cross point met between the green dotted line and the lower line of up trend channel. I will put extra 50% of my total capital if the price touch this level
BITFINEX:BTCUSDLong
by julio24albert