sersa131

sersa131

Using 20,50 and 200 ema which crosses in an uptrend indicating an uptrend. I have set my entry using bullsih engulfement candle. Also trading volume support my idea.

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I have place two take profit based on the uptrend. Fib retracement help to find potential support and resistance.

sersa131

Ascending triangle we should witness a bull run.

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Lower lows with flat support indicate a descending triangle - bearish setup. Shows buyers weakness to defend support. We should witness a strong bearish trend.

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This is my first chart TA - potential double top potential trend reversal (bull)

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I have located a swing low and swing high in this trend. I am trying to find support and resistance level using Fibonacci retracement indicator. Will confirm later with other tools.