faizhaiderkhan

faizhaiderkhan

Based on the Bat pattern, resistance and trendline, it seems that bulls will soon take the chargeback at 34.04 level, and a trend reversal is possible. Bullish Indications 1. Possible Reversal at 34.87 - Bat Pattern 2. Resistance at 33.31 3. Nature, Time Cycles: Since Nov'20, it always comes to the support level @ 33.69 and bounces back. The same behavior is...

faizhaiderkhan

Bearish Indications 1. Lower Highs and Lower lows 2. Inverted Cup and Handle Pattern - Breakout 3. Tested the trendline - not broken 4. No Divergence Bullish Indications 1. Support at 1.3194 2. Bullish AB=CD will complete at 1.3132 3. Falling Wedge at around 1.3000 Plan A : Sell Sell at 1.3277 SL: 1.3350 TP1: 1.3200 TP2: 1.3133 TP3: 1.2920 Plan B: Buy Buy...

faizhaiderkhan

Based on the Techincal ToolBox, a trading strategy is devised. Bears seem to be in charge. Bullish Indications 1. Broken Trendline 2. Bounced from FIb 0.5 3. Bullish AB=CD completed 4. Next Possible Bearish AB=CD formation 5. No Divergence Plan A Buy at Current level: 0.00004780 SL: 0.00004580 TP1: 0.00005188 TP2: 0.00005436 Plan B Sell at 0.00004291 SL:...

faizhaiderkhan

Based on the Technical ToolBox, the bears are stronger than the bulls. Two plans are proposed for trading Gold. Plan A: Sell Sell below at 1768 SL: 1781.83 TP1: 1758 TP2: 1748 Plan B: Buy Buy on Trendline Support at 1773 SL: 1768 TP1: 1784 TP2: 1808 OR Buy 1774 SL: 1768 TP1: 1780 TP2: 1786

faizhaiderkhan

Entry at 1791.05 SL: 1793 TP: 1783.97 A double top pattern has been formed.

faizhaiderkhan

AB=CD pattern with the D point at 1.5310. The Fibonacci pattern is also drawn to find the possible support and resistance levels. Entry can be done right away with a Stop loss of 1.5668

faizhaiderkhan

AB=CD Pattern is drawn on a 4 hr chart. Trend reversal can be seen after the D point.

faizhaiderkhan

Fib. Retracement with support and resistance. Stop-loss can be set at 1.1540, just lower than the HL.

faizhaiderkhan

With the help of Dow theory, HL and HH are identified. The trendLine has also been drawn with joining the body of two HL. Support and resistance levels are defined. Buy Call at next HL (around 42).

faizhaiderkhan

Support and resistances are drawn on the candlestick chart (1 hr). The levels are taken from the daily and 4 h time frames using the line chart. R1, R2, R3, R4, and R5 are the resistances while S1, S2, and S3 are the support levels.

faizhaiderkhan

Bearish Candlestick patterns are Highlighted in this chart.

faizhaiderkhan

Bearish Candlestick patterns are shown here: 2x - Three Black Rows and an Evening Star

faizhaiderkhan

I was purchasing this stock for several days daily and closing it with a profit. The last big purchase was done on the Shooting star and the next day I lost half of the total. Candle Stick pattern - Shooting Star

faizhaiderkhan

A series of HH and HL can be seen in the charts. Recently, the trend has been broken by a LL but a counter-attack has also been visible by three white soldiers. SL: 0.7446 and a buy call

faizhaiderkhan

The trend is doing a reversal from bearish to bullish. This can be seen from the recent HH and HL.

faizhaiderkhan

Dow Theory + Bullish CandleStick patterns are used to find the Stop loss and the trend. The Bullish trend is still intact as a series of HH and HLs are visible. Further, three white soldiers also tell that the trend is upward. The SL is derived from the previous value of HL. The entry has been done right away (it can be also be done at the next HL point) The...

faizhaiderkhan

Technical analysis has been performed using the DOW theory on TSLA