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ETHBTC ❗Caution❗One more for today will be ETHBTC chart. The wedge is forming for a year now. Chances are, the next BTC move down, ETH and ALTS will go up and even make the breakout from this formation! ...However, I'm not too sure about this. Previous Trend support zone has been crushed fast enough and wasn't going to retest it back. Chances are still here, But... We have another, Bigger Trend line all the way from the Bottom (I hope it was one, cause if not, the blood will be all over the place) And I am guessing we will have another big fall is Sep/Oct and there may be the prices we're not gonna see in a while most probably. So, I suggest you to look closely, with caution, cause we're gonna see volatility in the next weeks. Be aware. Envision. 👁️ A.I.Vision
by A_I_Vision
1
Huge Flag Pattern Breakout Seen in Varun Beverages | Fly in Sky ABOUT COMPANY:- Varun Beverages Ltd has been associated with PepsiCo since the 1990s and is a key player in beverage industry and one of the largest franchisee of PepsiCo in the world. The company produces and distributes a wide range of carbonated soft drinks, non-carbonated drinks and packaged water sold under trademarks owned by PepsiCo. PepsiCo brands produced and sold by the company include Pepsi, Seven-up, Mirinda Orange, Mountain Dew, Tropicana Juices and many more. Market Cap ₹ 1,10,347 Cr. Current Price ₹ 849 High / Low ₹ 874 / 454 Stock P/E 58.7 Book Value ₹ 50.0 Dividend Yield 0.15 % ROCE 27.8 % ROE 33.5 % Face Value ₹ 5.00 Debt ₹ 3,726 Cr. EPS ₹ 14.5 PEG Ratio 1.19 Promoter holding 63.6 % Intrinsic Value ₹ 294 Pledged percentage 0.04 % EVEBITDA 33.6 PROS Company has delivered good profit growth of 49.2% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 17.6% Company's median sales growth is 18.3% of last 10 years CONS Stock is trading at 17.0 times its book value Company might be capitalizing the interest cost So, Guy's i have written most of the things on chart and here, but i want to tell you a secret this is good fundamentally company to invest and forget for long term. But if you are going just for trading then please follow given stop loss in it. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:VBLLong
by TraderRahulPal
BTC: AT THE WEEKLY TIME FRAME BREAKOUT ZONEBTC is currently at a crucial zone. The stability we are witnessing in this zone can be attributed to the historical trend that occurred on May 31st, 2022 when BTC experienced a new low. If BTC manages to surpass the $32K mark, it has the potential to reach a new high of $38K, marking the beginning of a new bull market. The current zone where BTC is located is critical, and it is advisable to closely monitor whether the trend will continue in this direction. A positive outcome could signify an impending breakout. There is a good chance that BTC will return to FWB:31K before the new weekly chart.
Long
by Goldenbreakout
1
USDCAD 60 MINS TIME FRAME The Structure looks good to us, waiting for this instrument to correct and then give us these opportunities as shown on this instrument (Price Chart). Note: Its my view only and its for educational purpose only. Only who has got knowledge about this strategy, will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap. and try trade the big moves. we do not get into bullish or bearish traps. We anticipate and get into only big bullish or bearish moves (Impulsive Moves). Just ride the Bullish or Bearish Impulsive Move. Learn & Know the Complete Market Cycle. Buy Low and Sell High Concept. Buy at Cheaper Price and Sell at Expensive Price. Keep it simple, keep it Unique. please keep your comments useful & respectful. Thanks for your support.... Tradelikemee Academy
Long
by Tradelikemee
What is best signal provider? 🔍 Discovering the ideal signal provider for your trading journey can appear challenging. With a multitude of options available, selecting the right one can be overwhelming. However, fear not! In this guide, we will explore the essential qualities to consider when choosing a signal provider, empowering you to make an informed decision. 📈 The foremost and most crucial quality to seek in a signal provider is a strong track record. A track record serves as an indicator of their performance and reliability, instilling confidence in potential clients. A reputable track record demonstrates the provider's consistent ability to generate reliable signals and profits, indicating a sound trading strategy. It also offers insight into their risk management practices and their capacity to remain profitable across various market conditions. Therefore, prior to engaging any signal provider's services, it is imperative to thoroughly evaluate their track record. 🔍 Transparency is the second quality to prioritize when selecting a signal provider. A reputable provider should be transparent in explaining how their signals are generated and how they interpret data. This transparency allows you to assess whether their signals align with your trading style. For instance, if you engage in day trading, it is crucial that the signal provider generates signals based on historical price data for that specific day. A comprehensive risk management strategy is also vital for success in the market. Therefore, understanding how the signal provider manages risks and handles losses in a responsible and timely manner is essential. 📞 Customer service represents the third key quality to seek in a signal provider. It is crucial that the provider is readily available to address your inquiries and provide valuable advice. Prior to signing up, evaluate the provider's customer support options. Are they responsive and helpful? Do they have a track record of delivering reliable signals? Additionally, ensure that the signal provider offers a money-back guarantee. This provides assurance that you can receive a full refund if you are unsatisfied with their services, giving you confidence in your decision and the ability to seek support if needed. 💰 Cost of services is a critical factor to consider. Conduct thorough research and compare the signal provider's cost with others in the market to ensure you are receiving the best value for your investment. Some providers may offer discounts or incentives to encourage the utilization of their services. It is advisable to directly contact the provider to obtain an accurate estimate of the signal's cost. 🔄 Lastly, understanding the provider's methodology for assessing each signal and deciding on investments is crucial. Determine whether they employ computer algorithms or rely on a team of market experts to analyze market trends. Typically, larger providers may charge higher fees due to their greater resources and infrastructure supporting their signals. ✅ In conclusion, a solid track record encapsulates a signal provider's trading performance and reliability, providing a strong indicator of their potential for delivering returns. Lack of a track record should be viewed as a negative sign, as it becomes challenging to assess their trading abilities and the reliability of their signals, potentially leading to financial losses.
NASDAQ:NVDA
by A1TradingHub
RSI Divergences!🐸 RSI (Relative Strength Index) divergences refer to a technical analysis tool used to identify potential trend reversals or continuations in the price of a financial asset. RSI is a popular momentum oscillator that measures the speed and change of price movements. It oscillates between 0 and 100, with values above 70 indicating overbought conditions and values below 30 indicating oversold conditions. 💥 Divergences occur when the price of an asset moves in a different direction than the RSI indicator, suggesting a potential shift in the underlying trend. There are two main types of RSI divergences: 💥 Bullish Divergence: This occurs when the price of an asset forms a lower low, but the RSI indicator forms a higher low. It suggests that the selling pressure is weakening, and a bullish reversal may be imminent. Traders often interpret this as a signal to consider buying or going long on the asset. 💥 Bearish Divergence: This happens when the price of an asset forms a higher high, but the RSI indicator forms a lower high. It indicates that the buying pressure is diminishing, and a bearish reversal may be on the horizon. Traders often view this as a signal to consider selling or going short on the asset. 🐸 RSI divergences are considered as potential reversal signals, but they should not be relied upon solely for making trading decisions. It is crucial to combine them with other technical analysis tools and indicators, as well as considering fundamental factors, to increase the probability of accurate predictions. Traders often use RSI divergences in conjunction with trendlines, support and resistance levels, and other momentum indicators to confirm their trading decisions.
AMEX:SPY
by A1TradingHub
What is stochastic oscillator and how to use it?The stochastic oscillator is a popular technical analysis tool used in trading to measure momentum and identify potential overbought or oversold conditions in a security's price. It compares the closing price of a security to its price range over a given period of time. 1| The stochastic oscillator consists of two lines: %K and %D. The %K line represents the current price in relation to the high-low range over a specific period. The %D line is a moving average of the %K line and is often smoothed with additional calculations. 2| Here's a step-by-step guide on how to use the stochastic oscillator: - Determine the time frame: Decide on the time period you want to analyze. The most common periods are 14 days or weeks, but you can adjust it based on your trading strategy. - Calculate the %K line: Determine the closing price of the security for each period and calculate the %K value using the following formula: %K = ((Current Close - Lowest Low) / (Highest High - Lowest Low)) * 100 3| The highest high and lowest low refer to the highest and lowest prices within the chosen period. 4| Smooth the %K line: Apply a moving average (usually a 3-day or 3-week moving average) to the %K line to create the %D line. This smoothing helps filter out short-term fluctuations. 5| Interpret the oscillator: The stochastic oscillator oscillates between 0 and 100. Readings above 80 are considered overbought, indicating that the security may be due for a price decrease. Readings below 20 are considered oversold, suggesting that the security may be due for a price increase. 6| Look for divergences: Divergences occur when the price of the security is moving in the opposite direction of the stochastic oscillator. For example, if the price is making lower lows but the oscillator is making higher lows, it may indicate a potential trend reversal. 7| Use other technical indicators: The stochastic oscillator is often used in conjunction with other technical indicators or chart patterns to confirm signals. It's recommended to use it in combination with other tools for a more comprehensive analysis. Remember, the stochastic oscillator is just one tool among many in technical analysis. It's important to consider other factors such as fundamental analysis, market conditions, and risk management before making trading decisions. Additionally, practice and backtesting can help you gain familiarity with the stochastic oscillator and refine your trading strategy.
AMEX:SPY
by A1TradingHub
XAUUSD Weekly Outlook !!!!XAUUSD is currently trading at 1948.100 towards the end of last week we saw gold reach a strong resistance point where we had a harsh rejection, aided also by the strong red file news on Friday afternoon - Average Hourly Earnings m/m - Change in the price businesses pay for labor, excluding the farming industry Forecast - 0.3% Actual - 0.3% Non-Farm Employment Change - Change in the number of employed people during the previous month, excluding the farming industry Forecast - 193k Actual - 339k Unemployment Rate - Percentage of the total work force that is unemployed and actively seeking employment during the previous month Forecast - 3.5% Actual - 3.7% This week could go two ways, we will either see price continue to put pressure on the bears and drive price below our support level 1932.160 from there our next area of sensitivity would be in the range : 1920.458 - 1903.815 eventually achieving our bear market goal of between 1828.708 - 1809.931. On the other hand, we could see price reject from the 1932.160 support if this outcome does occur i believe that price will trading within the range we have traded in all week ( 1985.749 - 1932.160 ) I will update this theory of outcomes throughout the week and relay on this markup to see where we are at, markets open in 2 and a half hours wish everyone a great trading week.
OANDA:XAUUSDShort
by ForexMastered
USD-JPY ✯ SHORT SETUP ✯ ONE HOUR TIME FRAMEThe current technical analysis of the USD-JPY currency trading pair reveals an increasing trend that has been shaping from last few hours. However, there is also an indication of bearish divergence, suggesting that the bullish momentum may be losing steam. Looking at the charts, we can see that the price of USD-JPY has been steadily rising forming higher highs and higher lows, indicating a clear uptrend. However, there is a notable bearish divergence pattern emerging, indicating that the bullish momentum may be losing steam. While the price of USD-JPY has been increasing, the Relative Strength Index (RSI) has been showing a downtrend. This divergence between the price and the RSI suggests that the price may be overbought and due for a correction. Considering all the technical indicators, it appears that the USD-JPY currency trading pair may take the bearish movement from the ENTRY PRICE mentioned in the chart. Thus, it can be an opportunity for a SHORT TRADE if it breaks the ENTRY PRICE.
Short
by haroonsiddiki
SWFTC another Run#CryptoWhale100Billion Alt Coin Analysis: Swftc My analysis shows that Swftc coin may experience a bullish trend in short to medium term. The current price is hovering around the support level of $0.0011, and if it manages to hold this level, we can expect the price to rise to the next resistance level at $0.0016 again and break out. The RSI indicator is currently in the oversold region, indicating that Swftc coin is undervalued and may experience a bullish reversal soon. Additionally, the MACD indicator is showing signs of a bullish crossover, indicating that the momentum is shifting toward the upside. Strategy for Swftc coin would be to buy at the current price or lower, hold on to the position, and consider adding more if the price breaks through the resistance level. If the price drops below the support level $0.00105, it may be wise to consider selling or setting stop-loss orders. Shoot me a message with your Technical Analysis to see your thoughts and trading strategies. #CryptoWhale100Billion Press The Thumbs Up and shoot me a message below with your ideas on where Swftc coin may go next. Thank You for the support! Below are some previous chart links I've written in the past for reference.
COINBASE:SWFTCUSDLong
by CryptoWhale100Billion
2
Wealth Unleashed: Wedge Pattern Power - Hidden Gem Revealed!Introduction : Are you looking to skyrocket your trading profits? Look no further! Today, we will uncover the hidden gem of trading patterns: the Wedge Pattern. This powerful tool has the potential to transform your trading strategy and help you achieve financial success. Let's dive into the world of wedge patterns and explore how you can capitalize on their power. What are Wedge Patterns? Wedge patterns are popular among traders due to their high probability of forecasting trend reversals. These patterns appear when the price of an asset consolidates between converging support and resistance lines. There are two primary types of wedge patterns: the rising wedge and the falling wedge. Rising Wedge: In an upward trend, the rising wedge is considered a bearish pattern. It forms when the price consolidates between an upward-sloping support line and an upward-sloping resistance line that are converging. As the price approaches the apex of the wedge, the upward momentum weakens, signaling a potential trend reversal to the downside. Falling Wedge: Contrary to the rising wedge, the falling wedge is a bullish pattern. It appears in a downward trend when the price consolidates between a downward-sloping support line and a downward-sloping resistance line that are converging. As the price nears the apex of the wedge, the downward momentum loses strength, indicating a possible trend reversal to the upside. Trading Strategies: To capitalize on the power of wedge patterns, follow these steps: ✅Identify the pattern: Observe the chart for converging support and resistance lines to spot a rising or falling wedge pattern. ✅Confirmation: Wait for a breakout from the wedge pattern, either above the resistance line (for falling wedges) or below the support line (for rising wedges). ✅Entry point: Open a long position after a breakout above the resistance line in a falling wedge, or a short position after a breakout below the support line in a rising wedge. ✅Stop-loss and take-profit: Set your stop-loss order below the breakout level (for falling wedges) or above the breakout level (for rising wedges). Establish your take-profit target at a level that aligns with your risk-reward ratio and trading plan. Conclusion: The wedge pattern is a hidden gem that can potentially boost your trading profits when used correctly. By mastering the art of identifying and trading wedge patterns, you can strengthen your technical analysis skills and increase your chances of success in the market. Remember, no single tool guarantees success, so always use additional technical indicators and maintain a disciplined approach to risk management. Happy trading!
Education
by Yaroslav_Krasko