MCX made bullish pin bar candle on daily charts & its trading above yesterday's close with good volumes. Could be bought with mentioned stoploss & target.
Hi traders. I'm bringing in this weekly chart a simple draw of a smart money strategy based on the price action with Fibonacci Retracement 14.6% key level as a worth and effective take profit. I'm using a Ehler's smoothed stochastic to show a logical possible reversal wave to come in the 3W term.
AAPL had been the most resilient among the FAANG stocks despite being in a volatile and toppish pattern for months. However it started to break below major neckline support @ 134 on 19th Dec and then an attempt to break the horizontal support @ 128. It managed to close the month with a weekly bullish pin bar above 128 and a potential bullish divergance is also...
NZDCAD Entry Price 0.85802 Take Profit Price 0.86228
GOOG's monthly chart formed a bullish divergence and closed with a bullish "pin bar" in November. We are likely to see more upside momentum for this month, although it could pause and consolidate when it hits the near term horizontal resistence around 104-105, then may (or may not) dip back towards 93 (recently pivot low), before eventually breaking...
I'm still bullish on ETHUSD (Ethereum).
Overnight, the NZDUSD continued with the uptrend to climb steadily toward the key resistance level of 0.5950. With no major news events today, look for the development of price action at this resistance level to signal the next directional bias. A brief reversal back down toward the 0.5850 price level could be required before further upside. Alternatively,...
TCS very bullish at CMP 3217, SL 3160, Targets- 3400, 3500, 3700 TCS just broke out of a year long downtrend, and with less than a 3% risk, one can aim for amazing returns. This idea is based on the pinbar on the last trading day and for a better trade, advisable condition would be a breakout above 3275 with an SL of previous swing.
MSFT gapped down into intermediate support @ 220 today (after another round of "bad" CPI report that spooked the markets) but immediately reversed to form a bullish engulfing candle on the daily chart (and a potential pin bar on weekly chart). Bullish divergence can be seen on both the weekly and daily charts which gave more conviction to this current support @...
It's the ability to believe in the unpredictability of the game at the micro-level and simultaneously believe in the predictability of the game at the macro level that makes the casino and the professional gambler effective and successful at what they do.
Topglove. JP Morgan’s Projection of RM0.45 probably “failed” this time. As other 3 major player already posing a bullish reversal setup based on Elliott wave and cycle. Just waiting for “confirmation” signal. Topglove price has just broken RM0.605 a “confirmation signal “ +++ Price of weekly Topglove, kossan and monthly Harta has formed a hammer candle/ pin bar...
Rejection Candlestick (Pin Bar) formed on the Daily Time Frame. Enter a short position.
Hello Friends, AMEX:SPY has shed a lot of value in a week but there seems to be some good news if you're looking for a very short term bullish trade. We will have to understand supply/demand levels on multiple time frames. In a daily TF, Price opened gap down, approached a daily/weekly demand zone and closed within top 33.3% of a candle range(Bullish Pin bar...
SPX closed with a small pin bar on huge volume last Friday, coupled with a potential bullish divergence between price and RSI (daily chart), it Looks like we can expect yet another bounce soon. However, divergence usually result in a short term reversal (lasting 2 or several candles) and may not translate into a longer term trend reversal. The last 3 weekly...
EURZAR Target Price 17.731. Pin Bar tail protrudes through a previous pivot point at price 17.327.
AUDNZD still has not budge. I entered a long position based off the R1 Value, EMA 10, EMA 20, Pin Bars, and Descending Parallel Channel.
Expect USOIL to decrease 3874.0 units. Pin Bar formed at 85.967.