CVNA, now at 80.7 on MArc-15-2024 : Per EW, this is in wave4 of wave5 uptrend Buy few at cmp, Buy few if this falls to 65,52 Uptrend confirmation at 90.34 Tehreafter levels to watch --> 102.07, 109.32, 115.2, 121 Expected gains from cmp --> 50%
The stock is in strong uptrend in all larger time frames. Poised for a daily breakout - part of Monthly reversal. Monthly - Strong buying candle seen in September, which could not be defeated by sellers in Oct and Nov and Dec shows a hammer, which is a sign of reversal. All being inside candles. One can enter at current market price and hold for target of 530...
After Sunny Deol in Damini, CanBk is facing Resistance pe Resistance, Resistance pe Resistance, Resistance pe Resistance... Breakout nahi milta, Milti hai to sirf Resistance. Kya iss baar CanBk to milega breakout? Dekhte hai agle hafte mein 😎
Following from last week hectic week of news events, we had a nice end on NFP friday giving us a clear indication on what price wants to do. As you can see the dollar has been ranging on the higher time frame, generating liquidity and testing new possible highs however failed to do so. Scenario (A) - We have a strong bearish candle breaching the low of the range,...
SCENARIO 1- My current bias for EURUSD is that it will currently react off the (9hr) demand zone, which we will expect for price to accumulate in order for us to enter buys up to 1.06650. From were the (6hr) supply zone is located, we will then expect price to slow down and distribute for potential sells all the way back down to 13hr demand zone. Or possibly even...
Wide-moat Adobe reported good third-quarter results, including revenue and non-GAAP EPS that exceeded the top end of guidance and our expectations along with it. We characterize management’s fourth-quarter guidance as in line with investor expectations, which given recent strength and with Firefly AI now generating revenue, could be interpreted as a slight...
Walkthrough of a trade entry that would yield a 4.4 R:R if successful. We missed the initial opportunity when our CHoCH demand zone was mitigated but still opportunity for a long play if we create this BOS.
A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. The target in this case is the size of the cup. The only problem that I see here is that a Cup & Handle is a continuation pattern! But, here, we're looking for a reversal!
BTC has traded within the $29.7k-$31.5k range for almost a month now. Until the range is broken, traders can look to long the lows and short the highs. The RSI formed a hidden bearish divergence with the price as it made a higher high while the price made a lower high within the past two days, suggesting a continuation southward was likely. The OBV also favored...
Buy NJ this zone TP more than 50 pips Stoploss 83.928
I believe that now is the best time to get inside for a countertrend bullish move. Gold is in a downtrend since reaching its all time high. Intraday I will spot higher highs with strength and momentum. The prior higher high was fairly strong. Price retraced to the 38.2 then began giving bullish reversal signals. My target is the major 38% retracement of a daily...
Relative equal highs at the price level of 137.830, Price will most likely target this area for a liquidity Grab. This has also been a significant area where price has fallen each time it comes into this zone. Before getting in the market for short positions, I would wait for price to renter this zone again on its third attempt to move beyond the 138.00 price...
Despite earnings miss expectations, the price & volume shows that the price is supported with intention to rebound in short term from yesterday 5 mins chart. However, the upcoming rebound may just be a short term rebound to soften the price fall. Any longer term upside needs to be monitor.
Buy Action Construction Equipment (NSE:ACE) Buy Range- 355 - 360 Target- 378 - 382 StopLoss- below 340 Potential Return- 7-8% Approx trade duration 7 - 10 days
BTC Short term Uptrend ??? Not a financial advice, but by strong market analysis. As per technical rating and Fibonacci levels, next target prior to the FED will be 20600 which will be a strong resistance point. i strongly believe it will be rejected from the 20600 level to reach 18500 Target ! Thank You. I will be only publishing my next idea if this one comes true.
Buy LXCHEM @/above 302 Intraday/Short term Target 324 Stop Loss 298 Profit approx. 7% Medium term Target 386 Stop Loss 291/below Profit approx. 27%
After a fake out from the Rising Wedge, BTC is at its target zone and daily support zone (42.5k-42k). Supported by bullish RSI Divergence we can expect a reversal from here. Key levels mentioned on chart. Use Trailing S.L.
See a good setup here on the 15 minute chart. Sell targets at $61650 and $62340. Good luck!