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Moving Averages

Hang Seng Short: Resistance at 20SMAFollowing my warning about Hang Seng on 2nd Oct regarding Hang Seng reaching an important price point, I have yet to publish another idea about this index. One of the reasons is to let the dust settles, the other is to observe what is happening in the US markets. Now, I am convinced that the US market will be going down and it will pull global equities with it. Hang Seng is no exception. Technically speaking, I like to observe the 20 SMA. Hang Seng seems to be rejected at this SMA and thus I would say that any short will have a stop loss above the 20 SMA.
OANDA:CN50USDShort
by yuchaosng
1
NZD/CHF: PAT + VPA 11/03/2024Good morning, On this date, March 11, 2024, I will be conducting an analysis of the NZD/CHF currency pair. Daily (1D): The daily timeframe has exhibited a bearish trend, initiating a downward movement from May 28, 2024, to August 5, 2024. During this period, the price encountered support at 0.494, subsequently rallying to 0.536. It is important to highlight that 0.536 represents the last swing low that was breached on the weekly chart. The price faced significant resistance at approximately 0.536 and subsequently tested the daily swing low at 0.519. Following this, the price entered a consolidation phase between 0.519 and 0.526, which persisted for 16 days before breaking below the daily swing low of 0.519. The weekly and monthly moving averages (7EMA & 21EMA on the daily timeframe) indicate a sustained bearish trend. Presently, the support level is situated at 0.494. I anticipate that the price will trend towards 0.494 in the coming weeks. I will be actively seeking trading opportunities targeting 0.494. ThePipAssassin
by ThePipAssassin
3
Where to next with XAUUSD (GOLD) ?FX:XAUUSD Monthly So the big question is where is GOLD going next?! As shown on the Monthly chart GOLD has been extremely bullish throughout 2023/2024. My outlooks is mixed with current PA but mostly LONG GOLD, I can't see any real reason to short XAUUSD especially looking at this Monthly chart as we have dynamic support from the EMA's, strong bullish candles and consistent Higher highs however thorough analysis of the lower time frames is needed before any conclusions are met. Weekly Looking at the Weekly chart and candle close I would expect price to potentially pull back the slightest into structure to continue with its lovely trend of higher lows and higher highs. as demonstrated with arrow. I see this only happening with a breach & close below last weeks support at 2,708.62 along with LH and LL off structure (AOI) which will be shown on other charts. Daily Daily charts begin to decipher potential next moves as we have massive bearish engulfing nearly taking out the 2 before it. As shown Fridays price closed at an AOI which was a very significant level in the past weeks holding as strong resistance then support which took price much higher but as we can see the daily candle spiked through this level but did not close along with 10 EMA close dynamic support however the last daily candle especially closing below this AOI tells me we could definitely take the move lower if there is a bearish 4hr close somewhere around market open. If price goes bearish and breaks both structure levels AOI then I see a deeper retracement into previous structure highs as shown below 4hr + Entry 4hr makes things clearer as explained before I wouldn't be making any moves until either a few 4hr closes at the beginning of market open or a daily close bullish or bearish, this is because we have EMA crossover to the downside and 50 EMA resistance but these can all be breached to the upside based on how gold has been moving and a close above 2,741.50 (4hr or daily) as shown with arrow heading to the upside. the other option is price continues short term bearish based on ema confluence and PA along with structure resistance as shown after bullish pullback which failed and was engulfed. looking to the left price has already gone short from this AOI and if it does but doesn't reverse from the lower grey box AOI it will fall into Previous Structure highs as outlined. Possible entries I favour these in order. ;)
FX:XAUUSD
by MarlyForex1
Drop after Election Pump with FOMCMy trading idea for next week is as follows. I will be watching the price action very closely on Monday, the day before the election. This will prepare the price for the volatility of the election. I expect the price to move to the EMA50 on the 1D time frame next week. That would be around $64k. Then there is the FOMC meeting on Thursday, which could lead to a significant rise in the price. Next week is very important. The use of leverage should be taken carefully.
COINBASE:BTCUSDShort
by reports20netrust
ATUL NSE 3Y BreakoutATUL LTD. in the chemicals business was in a bearish Trend for 2Y8M and broke out of the bear phase in July this year. ATUL has broken above the 52W high if 7225 in 1st week of July Looking at the Monthly time Frame (MTF) chart it consolidating for 2months now after its breakout run after the bearish phase... EMA 50 is above 200EMA and 20EMA above 50EMA confirming the Bullish trend Price has pulled back from the 23.6% 7433 of the last Impulse move i ndicating a bullish continuation Entry Stop Loss and Targets marked on charts, Trade using Weekly Time Frame for Entry and Add Quantity. wait for Breakout and reset of current consolidation
NSE:ATULLong
by billpramod
FINCABLES NSE BULLISH FLAGFINCABLES has broken out of a Bullish Flag on DTF Price is above 200EMA. Currently Price is below 21EMA is below 50 suggesting a Flat Trend CAMS is trading above the 38.2%% FIBO Retracement Range FINCABLES is currently consolidating in a Range, Enter when Range is broken on WTF. SL below the consolidation Range @1360. enter at current price with 25% Quantity ADD 25% when price closes above @1495 in WTF ..Add progressively. at higher Close and 21EMA crosses 50EMA in DTF KEEP Strict SL
NSE:FINCABLESLong
by billpramod
QUESS NSE 6Yr Trend LINE Breakout WTF/MTF QUESS NSE , Price has Broken out of a 6Yr Trendline on the Weekly and Monthly time Frame (WTF/MTF) Price is currently hovering above 50 EMA with 21EMA above 50 and 200 respectively in DTF suggesting a Corrective/Pullback of a Bullish Trend QUESS is trading above the 50% FIBO Retracement Range on DTF Enter when Price closes above High on WTF with 25% Quantity. SL @720 Add progressively. at higher Close Add 50% when price closes above 1000 completing the RBC with a retest.
NSE:QUESSLong
by billpramod
SIEMENS:NSE PRICE ACTION 52W HIGH DTF SWINGSIEMENS Analysis DTF Chart Pattern : STOCK has recently TOUCHED its ATH of 7968 with 8 month Bull run . FIBO Retracement bounce back from 61% FOBO and now hovering between 23 to38% indicating a Bullish continuation INDICATORS EMA : The Price is Currently Trading below 20EMA, and 20EM crossed above 50EMA in DTF. STOCK EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF. FIBO E : After the Bounce back 61% FIBO Retracement Level, Price is currently trading near the 23.6% FIBO Retracement level of 6640 on DTF Impulse uptrend with ChoCH at 7260 on DTF Volumes: are currently flat for the past few weeks.. TRADE PLAN ENTRY -above 7270 50% qty ADD 50% above 7950 DTF close SL -7100 TARGET --01-9400 Hold For a 3-6months Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk Apetite. Trail Your SL progressively. Wait for Retest after any Breakout in higher Timeframe Learn/Know and Review the Stock trading Technical Terminology. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure SWING/POSITIONAL Trade
NSE:SIEMENSLong
by billpramod
1
SEQUENT:NSE RBC&H 2Y-8M onDTF/WTF/MTF PositionalSEQUENT Analysis WTF TRADE PLAN ENTRY -200-205 25%Qty, 25% Qty @ 190 Add further above 225 SL -187 TARGET --01-243 @27% gain, TGT02--335 @75% gain from 202 Hold For a Year or TGT 2 Keep in your Priority Watch List Chart Pattern : STOCK has recently broken its 52W HIGH of 202 forming a 2Y-8M RBC on the DTF/WTF/MTF. Currently on a Pullback to form a Handle ON DTF. The FVG on WTF, can get an Entry price of 190 INDICATORS EMA : The Price is Currently Trading above 20EMA, and 20EM crossed above 50EMA in DTF/WTF early July. 50EMA came close to 200EMA in June in WTF then turned upwards confirming the Bullish Continuation. STOCK EMAs are currently aligned in a ascending order 200 to 20 and moving apart indicating a bullish Trend continuation on DTF/WTF/MTF. FIBO E : After the Bounce-back from 61%FIBO Retracement Level, Price is currently trading near the 127% FIBO Extension level of 211 on WTF Impulse uptrend with ChoCH at 174 on DTF Volumes: There is a uptrend in Volume on the Weekly Charts for1 Weeks and currently in Pullback. Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk-apetite. Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap SWING/POSITIONAL Trade
NSE:SEQUENTLong
by billpramod
SAREGAMA:NSE ATH+RBC 3Y-8M BO on DTF/WTF/MTF PositionalSAREGAMA Analysis WTF TRADE PLAN ENTRY -580-590 SL -550 DTF CLOSE TARGET -01-817 Hold For a Year or TGT Chart Pattern : SAREGAMA has a clear 3Y-8M RBC&H completed STOCK has recently broken its ATH of 581 forming a 3Y-8M RBC&H on the DTF/WTF/MTF. Pullback to form a Handle completed. INDICATORS EMA : The Price is Currently Trading above 20EMA, and 20EM crossed above 50EMA in DTF in Last Week of Sept. STOCK EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF/MTF. FIBO E : After the Bounce-back from 50% FIBO/R Level, Price is currently trading near the 50% FIBO/E level of 597 on DTF Impulse uptrend with Bullish ChoCH at 550 on DTF Volumes: There is a uptrend in Volume on the Weekly Charts for3 Weeks after the BO & Retest.. Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry). Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap SWING/POSITIONAL Trade
NSE:SAREGAMALong
by billpramod
AUROPHARMA NSE BULLISH FLAG /RBC&H 7M AUROPHARMA WTF Analysis TRADE PLAN ENTRY -1510 -1550 On BO of Bullish Fage DTF Close SL -1405 or Weekly Low Close Price TARGET --01-1719 , TGT02--1931 Hold For a Year or TGT 2 Chart Pattern : STOCK has recently touched its LTH of 1592. Previously Impulse after forming a 2Y-7M RBC on the DTF/WTF. The recent 7Month Swing has now ripened to a Bullish Flag Pattern on a Pullback ready to BO above 1510. The Swing Target to the Recent ATH will give 12%+ return, INDICATORS EMA : The Price is Currently Trading below 20EMA, and 20EM above 50EMA in DTF. STOCK EMAs are currently aligned in a ascending order 200 to 20 indicating a bullish Trend on DTF/WTF. FIBO E : After the Bounce-back from 23.6% FIBO Retracement Level, Price is currently trading near the 11490 on DTF Impulse uptrend Volumes: There CURRENTLY not Encouraging Though on the Weekly timeframe Keep in your Priority Watch List Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk apetite (Exit when price closes 7to8% below your Entry). Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended. MTFA- Multiple Time Frame Analysis DTF -Daily Time Frame WTF-Weekly Time Frame MTF- Monthly Time Frame ATH-All Time High LTH/ATH -LifeTime High RBC&H-Rounding Bottom Cup/Handle BO- Breakout Close EMA -Exponential Moving Average FIBO R/E -Trend based Fibonacci Retracement/Extension SL Stop Loss TBD- To be Decided CHoCH- Change of Character Bullish/Bearish MSB/BOS -Break Out Structure FVG Fair Value Gap 20VMA -20Volume Moving Average SWING/POSITIONAL Trade
NSE:AUROPHARMALong
by billpramod