marzil

marzil Updated 

Liquor sales volumes are expected to be affected by up to 5% in this quarter due to ongoing elections, sales will be hit in April-June this year. Be aware and manage your risk. Premise: Testing demand order-block that has previously been tested 5-6 times and has held well. Setup: Target - 283 Stop - 219 Potential - 23% R - 4.82

marzil Updated 

Can't stress this enough, highly against the primary trend trade, manage your risk well. Premise: Wicked it's low at bi-weekly demand order-block (support) At a high volume node Weekly closed 10% above weekly low, tempting me to take a long call on it with well managed risk. Target - 213.5 STOP - 159 Interesting thought for reality check: Yes Banks...

marzil

Neutral, w/ positive bias in short term & possible retest of previous daily range because of bearish divergence. Divergences are a headache to play with, they flip whenever. Won't be surprised if stock keeps on going up and negate away the divergence. SHORT Targets (Intraday) - 2330 Long target (Swing) - 2500

marzil

Premise: Currently sitting at weekly support zone on a high volume node. Setups: Make of the chart as you like, I personally am more inclined to let the stock fall below current demand block and would look for shorts on a retest of it as the primary trend is downwards and auto industry sales have been on a decline. Target would be around 2300-2350 range...

marzil

Trade Premise: Currently retesting July 2018 ATHs post breakout on lower time-frames. Setup: Could look at about 10% upside at 1588 algorithmic target with a tight stop, decent R.

marzil

Premise: Bullish divergence w RSI forming on D3 Bullish Swing failure pattern Failed to close below support / high value node. Setup: Long at current market price Targets marked starting w 709 Stop under 626.5 Risk to reward - 4.5

marzil Updated 

RELIANCE looks primed for a bounce at green demand order-block. Analysis - Price about to enter demand zone (green). Gap yet to be filled in supply zone (red). Downtrend losing momentum in oscillators. Bullish divergence on daily with several momentum oscillators, will post RSI div down in the updates.

marzil Updated 

NIFTY50 looks primed for a bounce at blue demand orderblock. Analysis - Price about to enter demand zone which has already been tested twice and bounced. Ichimoku edge to edge target is about to be fulfilled. Bullish divergence on weekly with several momentum oscillators, will post RSI div down in the updates. Oscillators are about to be bottomed out.

marzil Updated 

Currently above Demand zone EQ Bollinger bands tight (Price above median MA) // Due for volatility favouring upside Month long bullish divergence on RSI

marzil Updated 

Currently long from 61.8% level marked (124), break of red ranges is bullish AF. Right now we got rejected from descending triangle's upper trend line, expecting it to break at the retest. Probably will hedge sometime at red lines marked. Liquidity at demand zone getting weaker after 5 bounces. A break below demand range is bearish, will look for shorts.

marzil Updated 

H4 levels in updates below! Analysis - Daily bearish engulf / breaker formed in this week's dump Daily S/R level that's also previous range high Oscillators should probably ready for another selloff if we get to 6600s Ideal entry - Personally looking to short range high Stop - Above 6800 setup fails, so go figure. Targets - Range EQ ...

marzil Updated 

Analysis TLDR - Expecting bullish divergence in play to continue. Long term green support range holds. Wave analysis shows first wave of a megatrend to be complete at ATH. A retrace of this wave is expected between 50-61.8% ideally. We're at 50% now. Algorithms also expected to buy the .5 fib, target -0.236 (new ATHs). Algo involvement evident in...

marzil Updated 

Analysis - Wave count shows possible complete retracement of wave 3. The ideal retracement for a 3 is between 38.2% to 50%. 50 fib is at 400 Rs. Long term past support in play. Note that this is a 2 weeks chart. Past record of algo play; suggests buy at 50 fib (400) and sell at -23.6% and -61.8% algo targets. Ideal buy range Between 400-420Rs. Long...

marzil

A break of previous high invalidates this hidden beardiv.

marzil

Overview - Something I've been thinking about for a while, (e) sort of giving more evidence to it. It's more common for an e wave in a triangle to break resistance line (ac) than not to. Ideal entry - Too late for circled e, look for 2nd wave of C in long run. Target points - Watching 5250-5450 range for S1 and 4150-4300 range for S2.

marzil

Overview: Long setup for a bullish EOS/BTC EW Count Target for 5th not yet strongly established (awaiting more price action), updates will follow. Entry: 131000-138000 sats range was an ideal entry but scaling in on the next pullback still has potential of 50%+ on a conservative double top target Bitcoin being in a bearish trend has potentially decreased...

marzil

Fundamentals: Expecting selloff on Mainnet launch (Month's end) Time to start taking profits on long positions. Resistance / Exit points for Long: 1050-1150 Sats - Bitcoin being in a bearish trend has potentially decreased expected bull momentum for alts, and thus for TRON. This leads me to believe that a double top is the most likely exit point for long...

marzil

I'd sell if I had a position