Long MFSL for a target of 1060 / 1100MFSL looking strong and ready to break out. A close above trendline around 1040 with volumes and strength, you can long for a target of 1060 / 1100 with SL of around 1000. Consider for short term.
Short-term
USOIL Short Trade SetupI've been waiting for the completion of the wave B for a while, and the last top can be its end. If this is the case, we should have a reversal impulse and correction. Now, I'm waiting for a small correction to place a pending order by risking 0.5%. I don't want to place my order under the reversal impulse because my plan is to move SL to BE when it breaks that low.
AUDCHF Long Trade SetupAlthough the bigger picture isn't too clear, it seems like a running flat is in the making. Based on my wave count, the last low can be the end of the B wave, and if so, we should have a reversal structure. That's why I placed a pending order over the last top. I hope we will get a small trade setup after the regular flat, so we can take a better trade.
IDEA may Have Prepared For Breakout.NSE:IDEA
IDEA may have been prepared for breakout for level of 13.5.
See the area marked with circle near the level of 8.8 where we can clearly see volume diminishing. After diminishing supply we are now seeing efforts to push the stock further up.
Stock still need to breakout the level of 13.5 to show clear up trend. But risk takers can start considering this counter for short or long term investment at current level of 10.35 as well.
Idea currently have a support of Rs.7/-
Thanks!!!
|| Hari Om ||
Possible short for BTC in the next 3 daysRSI is overbought.
MACD indicates that the strength of the bullish movement may be running out.
Bollinger bands above the upper limit.
I will not open any shorts, but I want to see how this interpretation plays out.
AU Small Finance Bank Bullish On Weekly And Daily chartNSE:AUBANK
AU Small finance bank on weekly chart looks quite bullish. And may be a good option for short term trade.
Let’s quickly see what was happened on weekly chart.
After making a Lifetime High of 1354 we had seen rejection in prices from that level and weekly candle of 30th March 2021 closes in to the middle forming a wick, which is good sign of selling. Where one can say profit booking has been done.
But on following weeks we have seen follow through selling with strongest volume till that week and increasing price range. The profit booking now turning out to be indication of trend reversal. And candle A could be a good confirmation of selling where we had witnessed good range of the candle with wick on top followed by strong volume.
On very next candle of the candle A (Marked With B) we see gap down opening for that week, in such scenario any one could have went short with no doubt in mind. But lets see what happened on that week ( Candle B\3rd May 2021).
Candle B do show gap down on that week but we did not see any movement for selling all through week, result of which we see narrow range candle closing off the low and near to its mid-point. This candle also carries solid volume too (highest in the range of chart we are seeing). Such kind of price and volume appears on chart only if both Sellers and Buyers strongly active.
We did not see further follow through selling after candle B, rather we are now seeing prices moving up again and with some good efforts to push prices further up (Check Candle C and D ). So technically its now looks like sellers had been trapped in Candle A and B.
One can go long straight away or wait for a breakout to the 1170. There are some chances where we can see the test of level 910 if we see rejection from 1170.
||Hari Om||
||Ambadnya||
USOIL Short Trade SetupMy forecast is a downward impulse to the trendline as the C wave. So, we will have a complete running flat and more upside. That's why I want to take a short trade. That's why I'm waiting for a correction to sell it.
BTC/USD Tocando Moving Average Tiempo Para VenderTriple touches on the trendline. 15M candle touching 100 EMA. Short happening now.
AMC Bullish: Consolidating at SupportAMC consolidating and finding support at the 7, 10, 23, and 28 hr EMAs, as well as the 7 EMA on the 12 hr. Looking bullish for next week (most likely).
Also shown: the Bullish Rising Three candlestick pattern as the 3 down Candles find support above the previous level of support.
PVR looks good for swing or short term tradeNSE:PVR
PVR showing good Price And Volume Expansion on daily chart while making a new highs. Which is good indication of bullish trend.
Targets of 1500-1590 can be expected in near future with some pauses in between.
PVR will have good support at 1210.
GBPCAD Short Trade SetupThe structure between the blue lines can be a complete correction. In this case, we will see more downside. What we have after the last top looks like a complete reversal structure, and a trade setup under the trendline. That's why I placed a pending order under the last low. There is still chance for more upside. That's why I risked 0.5%, and I'll move SL to BE asap.
Short Term Bitcoin Falling Wedge Long Position Term: Short term 1-3 day trade
Buy: $36,240
Stop: $34,580
Take profit: $38,150
Please trade with caution this weekend as there may be high chances of price manipulation as there should be low volume trading.
Have a great weekend and stay blessed!
Small pull back before heading back up.Okay lol, So it looks like my first analysis was correct and we are indeed either going to touch the first fib lvl or we may dip a little below it then kinda go up and down until we see a break out to either the upside or the downside (only see this scenario if bad news hits). So yeah, just HDLE if you bought in if you're waiting to reenter or even enter wait for it to reach the first fib or maybe just below it.
EURGBP Short Trade SetupIf the blue C is the end of the running flat, the downward movement should be the reversal impulse, and we may have a complete correction. After the yellow C, we got a sharp drop and now, I'm waiting for a correction to place a pending order. My minimum target will be a new low, while the main target 0.84700.
BTC - Inverse Head and Shoulders - M15 Break OutHere we see Bitcoin has followed this inverse head and shoulder pattern nicely and looks to complete the right shoulder and break out to the upside pushing up to the next resistance zone between $41,500 and $43,000 USD. Larger Head and Shoulder pattern is in play on larger timeframes, indicating a push down from the highlighted SELL ZONE. Two scenarios are on the table. The first is a push back down beneath the SELL ZONE indicating a correction down to complete the larger right shoulder with opportunity to buy back in. The second scenario will see Bitcoins price push beyond the $43,000 resistance in which case upon the re-test of the SELL ZONE providing a nice confirmation BUY with strong upside potential from this point.
BTCUDST - Short-termif btc follow green line, buy btc when btc back test or 38-40k.
Take profit 43k5, 48-49k.
