Wipro Cmp- 402 Protective Stop- 371 T1- 520 T2- Open, Review at T1 Expected Holding Period- 6-9 Months View- Swing/Investment
📈 #COMBOUSDT is currently showing an intriguing Falling Wedge pattern on the chart, hinting at a potential bullish reversal! 🚀 📉 The price has been forming lower highs and lower lows, shaping the falling wedge pattern. This suggests a period of consolidation and diminishing selling pressure. 🧩 Falling wedges often lead to upward breakouts, indicating a potential...
We outlined a bearish bias in a previous USD/CAD article which clearly did not play out, thanks to hawkish comments from Fed members, hawkish FOMC minutes and stronger economic data for the US. However, a strong Canadian employment report on Friday has now seen odds shift in favour of a 25bp BOC hike this week – and if that is to be coupled with a soft(er) than...
Hey Traders! Today, I want to share an exciting technical analysis discovery I made on the stock of Upwork Inc. ( NASDAQ:UPWK ). It seems that a bullish falling wedge pattern is forming, indicating a potential reversal in the near future. Let's dive into the details! 📈 Ticker: NASDAQ:UPWK 📅 Timeframe: Daily Chart 📊 Pattern: Falling Wedge 📉 What is a Falling...
This will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal. Swing Trade. FMGOETZE Broke almost 2 and half year resistance with good volume support and marubozu like candle (with very little wicks) on weekly time frame. CMP:...
Welcome back! Let me know your thoughts in the comments! ** EURUSD Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
Hello everyone, The bears have now lost control over the markets, as you can see price has broken the white trendline to confirm that the bulls are now in control. To start off the week, It's recommended to look for a light set up to enter into the bullish momentum. Based off of where the market closed, price is projecting to move down to the next daily zone at...
balaji telefilms shown some strength today near 200 ema in 1 day time frame wait for a little pullback to have a good entry ( Rest chart explains everything :) ) NSE:BALAJITELE
Stock trading in a channel bound zone which is 190-205₹ but creating its strong base at this zone and I am very bullish at this stock. I can say confidently This stock will be the money maker in the future( According today's trend and analysis) There are 2 Big factor at this type of company 1- Union #Budget2023 is fully focused for drone technology in...
AUD/JPY finally broke above trend resistance, the 200-day EMA and pivotal zone of 90.9 – 91.5. The 20-day EMA also provided support for two bullish hammers, which could mark the end of a shallow retracement from its breakout move higher. The bias remains bearish above this week’s lows and for a move towards the high around 93.
Buy Dynacons Systems and Solutions (NSE:DSSL) Buy Range- 455 - 465 Target- 520 - 530 StopLoss- below 420 Potential Return- 14-16% Approx trade duration 10-12 days
Buy Gas Authority of India Limited (NSE:GAIL) Buy Range- 99 - 101.5 Target- 106.5 - 108 StopLoss- below 96 Potential Return- 7-8% Approx trade duration 8-10 days
Higher timeframe downtrend. The yellow line represents 50% of the monthly range. Blue box represents the first area price can react from to then reverse and make a new lower low. My SL would be the new higher low that gets created in or around the blue rectangle. If I risk 1% of the trade my first partial profit will be the amount that I have risked for the...
Hey traders, NZDCAD is trading in a bullish trend since October. Reaching 0.88 resistance, the pair initiated a correctional movement. The price dropped to a trend line and perfectly respected that one more time. Yesterday, the pair broke and closed above 0.86 - 0.8625 horizontal resistance. It is a very important bullish clue, and it signifies a dominance of...
From the last update a week ago price was wedged between support and resistance below 1800. On Tuesday we then saw price spike to the upside triggering buy orders as well as taking out any stop losses above the zone. Price consolidated above the 1800 zone until Thursday enticing even more buyers to go long. A strong reversal then came on Thursday which saw prices...
Tata Consumer has come out from a zone with very good volumes, from CMP entry can be taken for good targets.
Stock is looking good on most of the timeframes. On the hourly chart, it is consolidating above the previous resistance, which is now working as support i.e 818-820. Sustaining the support, the stock can probably move towards 840 to 860 levels in the coming trading sessions.
looks like we have a bullish gartley pattern set up here. I'm adding to my longs in this range.