NZD-CAD Bullish Flag Breakout! Buy!
Hello,Traders!
NZD-CAD is trading in an
Uptrend and the pair
Broke out of the bullish
Flag pattern made a retest
And is now going up again
So I am locally bullish biased
Thus, I think the target above
Will be retested
Buy!
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Uptrend
📊 Four Market PhasesThe four market phases in trading are characterized by different levels of buying and selling activity, trading volumes, news and sentiment, and price trends. By understanding these phases, traders and investors can better anticipate market movements and position themselves to take advantage of opportunities as they arise.
🔹 Accumulation
In this phase, the market is characterized by low trading volumes and a lack of clear price trend. Buyers and sellers are more or less balanced, and prices tend to remain within a certain range. This phase is often seen as a period of accumulation by smart money investors who are slowly building up positions before the market begins to trend.
🔹 Uptrend
In this phase, the market experiences a sustained rise in prices, driven by increasing demand from buyers. This is typically accompanied by higher trading volumes and positive news and sentiment. Traders may look to buy into dips during this phase, in order to take advantage of the overall trend.
🔹 Distribution
In this phase, the market begins to show signs of weakness, with prices starting to trend sideways or even decline. This is typically accompanied by lower trading volumes and negative news and sentiment. Smart money investors may begin to sell into strength during this phase, as they look to lock in profits before the market turns lower.
🔹 Downtrend
In this phase, the market experiences a sustained decline in prices, driven by increasing supply from sellers. This is typically accompanied by lower trading volumes and negative news and sentiment. Traders may look to sell into rallies during this phase, in order to take advantage of the overall trend.
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Power of Inside Bar - Cingniti TechInside Bars if used wisely, can give us astonishing results in Trading.
Let's understand this scenario.
Stock Name - Cigniti Tech
After 20th Feb 2023, on D TF, this counter merely had any move! More or less it had inside Bars with totally squeezed close prices compared to earlier close. if you observe, closing prices are getting squeezed day by day with drying up sales volume. This indicates sellers are loosing control & buyers ay pitch in!
Following are reasons for my Long view -
1. Stock is in Up Trend.
2. Stock prices are above 200 EMA
3. 10 & 20 EMAs are above 200 EMA.
4. RSI has crossed 55
5. Nifty IT index is in uptrend, so sectors is booming.
So my entry would be on crossover of high of 7th Feb. Same setup & logic can be applied while entering stock on 3rd March, as its crossing previous high of 2nd march for a quick move on upside.
USDCHF I It will head upward Welcome back! Let me know your thoughts in the comments!
**USDCHF 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.
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EURCAD I Target REACHED! 60 Pips!🔥Welcome back! Let me know your thoughts in the comments!
**EURCAD 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.
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✅USD_CAD WILL KEEP GROWING|LONG🚀
✅USD_CAD is trading an uptrend
Along the rising support line
Which makes me bullish biased
And the pair is already making
A bullish rebound from the support
So a further move up is expected
With the target of retesting the level above
LONG🚀
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Target price for DABUR India Limitd | Daily | Long analysisHello, today we will be looking at NSE:DABUR
1. This stock has been mostly trending upwards in the long-term.
2. You can see the support level by looking at the daily candles , which the stock has touched every time and bounced back up.
3. However, this time the support level may be broken temporarily, with the stock going down before rising again.
4. Keep in mind the risks involved and trade carefully.
Thanks & regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market"