Nothing much to say. Idea clear in the chart Not a financial advice.
SNAP coiling tight into the apex of the ascending triangle. Solid support along lower trendline and 8 EMA. Breakout could go either way with current market volatility, so playing it safe. My entry will be break of resistance and break of RSI upper trendline. Decent volume but big OI on the 1/15/21 $55c and $60c.
HDFC BANK spot CMP :- 1393 Bearish Butterfly pattern formation Bearish Equivalent ABCD pattern formation PRZ in range 1399 to 1414 Pattern violation above 1440 once sustain above this levels for 30 mins Down side 1300-1250-1200 possible.
Bank Nifty Spot CMP 28600 Bearish Equivalent ABCD pattern formation PRZ in range :- 28215- 28550 Targets :- 25000--24000-23000. Pattern get active once index trades below 28200 levels Pattern violation above recent peak which ever is made,,
Evening Traders, Today’s Analysis – YFIUSDT- establishing a swing low, a higher low will increase the probability of a local trend change. Points to consider, - Impulse Price Action - Local S/R Support - Structural S/R Resistance - RSI Resistance - Volume Climax YFIUSDT’s immediate price action has been impulsive with increasing volume. A bullish...
EOS appears to be forming an ABCDE correction (when the correction forms a triangle or wedge pattern) in the shape of a falling wedge. Each wave of the ABCDE correction should have 3 subwaves, which are labeled ABC. However, there is an exception to the ABC wave structure, and that is when we get an complex correction. For instance, in wave B, after the first ABC...
Hello everyone, Actually waiitng for a bounce or breakout of the chart support and for a breakout of the RSI resistance to go long, however, the moving average 25 and Bollinger bands 35 wants us to go short. If 2600 EUR support is broken, i'll go short until 2100 EUR. -- Signals : - Very low RSI (like two months before, should wait for the breakout) - MA 25 and...
I was dead on about the breakout, I feel strongly about a pull back here.
Trendline Support, Bearish Divergence, RSI Resistance, MACD in Sell Zone