In this trading idea, we delve into the current state of Google (GOOGL) and explore the indications of an overbought condition. With a careful examination of technical indicators, it becomes apparent that a sell-off may be imminent in the near term. The analysis suggests the possibility of Google entering a range-bound phase or even experiencing a continued...
I have plotted chart of Greaves Cotton in monthly time frame. In longer period, we have observed that stock is continuously moving in range of INR 115-150 since Mid of 2014. Only due to covid crash, price went out off from the range. It is showing very long term consolidation. In long term, company has earned a good reputation in manufacturing EV vehicles and...
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GREAT WEEKEND. HERE'S A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT TODAY ON BITCOIN . BTC /USD BUILD LQ DURING ASIAN SESSION SAW A SWEEP OF THAT LIQUIDITY LOOKING FOR A SWEEP OF THE BUY SIDE LIQUIDITY. * Fridays highs TAKEN looking to target buy side liquidity on the on BITCOIN . * just like yesterday...
By looking at the chart it's quite clear that BTC has 2 very distinct and important ranges. The blue range between 15.3k & 25.2k has been our home for the past 9 months, by splitting this range up into quarters on the 1d chart you can see that price on many occasions respects these given levels. The orange range is where we are now, we've broken up past the...
The numbers rise and fall like waves, A game where no one saves, For fortunes are made and lost, In the blink of an eye, at great cost. When investing in a volatile asset, it's important to not let greed cloud your judgement and instead focus on seeing the big picture. While it may be tempting to chase quick gains and try to time the market, this can lead to...
BTC has confirmed the double top pattern since I last posted about it 2 days ago. The ascending triangle structure and H1 200EMA failed to hold. After a nearly 7% drawdown price rebounded off the bullish order block shown before regaining the 200EMA and the weekly 0.75 range quarter. With BTC struggling to top that all important local higher I could see a...
Here's my idea on the current price action of BTC and possible target if it were to break either way: Downside: - If BTC fails to hold the $22500 region then I suspect the price will fall, take out the inefficiency of the pump and hit the mid-range marked out. - Possible signs of a deviation - Bulls running out of steam Upside: - If BTC can reclaim the 0.75...
TOMORROW STOCK🔰 Bharti airtel is looking good for tomorrow bharti airtel is in range bound and price at crucial zone and upper gap is pending if opening under the resistance we can sell if price opens up of the resistance it going to fill the gap wait for the confirmation candle resistance breakout could be more probable than reversal Have a profitable day Thank you😊
parabolic sar strat long entry over weekly poc beat vwap. over under to breakeven level or lowest sar dot plot if we stay consolidative, and up two clicks sar if we stay over mid level and poc upper area or .382 fib rtrc. long term buy, but need trend confirmation weekly follow through for bullish swing bias.
Last weeks high: $17425 Last weeks low: $16668.5 Midpoint: $17047 BTC ranging between these levels. Last week every first attempt to push past a key level failed on first try with a reaction off the line for both Longs and Shorts. I expect more ranging throughout the week with reactions at the key levels similar to last week, with price tending toward the...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this quick BTC update. BTC is moving between a support and resistance range. Support for BTC is at around the $20k level and resistance is at the $21k level. After the FOMC meeting, BTC is still holding the $20k support level pretty well so far, and as long as it...
Will GJ finally start trending. After the US holiday let’s hope so. For me personally August was not a good month with all the choppy ness
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts. Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
As discussed in our study yesterday, the index was not able to sustain above 16120 and the witnessed a move to lower levels and close below 16000 yesterday. Options OI build up in the weekly expiry suggest 15800 -15700 to be a support area. On the upside move towards 16100 could see fresh shorts getting added. For the day the market can remain range bound and...
As discussed in our study yesterday ( April 4) the index could not convincingly close above 18060 levels and consequently got dragged to test the strength of 17900 levels. The call writers who wanted to keep NIFTY below 18000 managed to do so for the day and the put writers had to give in some ground that they gained yesterday and last week. In the absence of any...
HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT THE EURO / DOLLAR PAIR. * The pair might be in the formation of an ascending triangle possibly will be range bound until we see a breakout. - On the EUR/USD looking for some bullish momentum to come into play before we can see that breakout. - Looking for long entries on the PAIR short term...
HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, A LOOK AT POSSIBLE SCENARIOS THAT COULD PLAY OUT IN THE COMING WEEK ON THE DOLLAR / CAD PAIR. * The PAIR WAS range bound consolidating between support and resistance That just saw a test of the base of structure. - Short term the pair ,might enter an up trend should we see a break and close above the...
HEY EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE. NEW WEEK, NEW OPPORTUNITIES. LOOKING AT THE GBP / CAD * The PAIR has been trading in a FALLING WEDGE range-bound within this structure , retested this level somewhat now signaling continuation. - Short term the pair is currently rejecting at this structure possibly signaling continuation in momentum on...