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AGIX ANALYSIS🔮#AGIX Analysis : Pattern Formation 💰💰 📈 #AGIX is making perfect Double Top Pattern and also there is a breadown of trendlind. We can see a good dump in #AGIX. If #AGIX sustains this breakdown then we will see a bearish move🚀🚀 📊 Current Price: $1.08590 ⏳ Target Price:   $0.69057 ⁉️ What to do? - We can trade according to the chart and make some profits in #AGIX. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲 #AGIX  #Cryptocurrency  #Pump #DYOR #Breakout
AShort
by ZEUS_Market_Alerts
Top 3 Intraday Trading StrategiesTo get success in intraday trading, requires dedication, hard work, patience, quick wit, and immense knowledge. Successful day trading involves 10% execution and 90% patience. To gain expertise in day trading and honing trading skills, it takes a fair amount of time. There are a number of Best Intraday trading strategies available for trading, but the success or failure of the strategy completely depends on the market. Maybe one strategy works in today’s market condition but may not work according to the next day’s market condition. Not only, does the movement of the market, but the intraday trading strategy also depends on the trading styles of the trader. It also varies at different times of the day, depending upon how the market is behaving. Here, in this post, you will find Effective Day Trading Strategies, which you can use for intraday trading. Intraday Trading Strategy : 1. News Based : News-based trading is the most traditional form of day trading. This type of trader doesn’t focus on the stock price and volume charts, they wait for information that will drive the prices. The information may come in the form of a company announcement about earnings or new products; a general economic announcement about interest rates or unemployment; or just a lot of rumors about what may or may not be happening in a given industry. Traders who do good with news-based trading , usually have some understanding and knowledge of the markets. These types of traders are not expert analysts or fundamental researchers, but they have enough knowledge about what kind of news would be in-favor or what would be taken poorly by marketers. They also pay attention to a few different news sources and also whenever they find the right opportunity, they place the order at the right time. The downside of news trading is that there may be few and far good events; more often, the hype is already built into the price by the time you watch it. Many news traders turn to the scalp while they wait for something to create a little excitement. Before you start news-based day trading, one thing you should keep in mind is that, this type of trading strategy is very risky as compared to other strategies. It also gives high returns on investment within a day. 2. Gap + B.B. (S20,2): This strategy is useful when the stock/ Index opens Gap Up or Gap Down. After the gap, the stock shows a potential reversal sign, which can observe by the place of a candlestick or by a heavy volume event. You can fade the action and go in the opposite direction of the gap with a profit target at the start of the gap. Rules: Entry between 9:30 to 10:00. Exit at stop-loss or at 3:25. Bollinger band strategy is 20,2 30- minute time frame is required. Big Profits and Small losses. No need to trade every day. Helps to stay away from the Sideway market. Example for Buy Trade: In this strategy, the stock should be open with Gap up or Gap down. The First 30-minute candle should be untouched from the lower band. As you can see in the above image, the first candle opens with a gap down and it is below the lower band. The high of 1st candle is also untouched by the lower band. Go for buy trade when the high of 1st 30-minute candle is a break. Stop-loss = low of the 1st candle. Example for Sell Trade: The stock opens with a gap up and the 1st candle’s low is not touched with the upper Bollinger band. As the low of the first candle is broken, enter in to sell trade. Put the stop loss at the high of the first candle. Note: This strategy gives best result for Nifty and Bank Nifty. 3. Morning ORB: The early morning range breakouts are also known as opening range breakouts. It is like bread-butter for many trades. The trading opening range takes skill and practice until you can turn a profit. The early morning range breakout help traders to take advantage of the violent action from the flurry of buying and selling orders when the market opens. Trading Range The first 20 to 30-minute trading range is suitable for an opening range breakout. While you start trading practice using this strategy, it is recommended to start with a very little amount of capital. The stock you select for the trade should be within a range, which is smaller than the average daily range of the stock. The upper and lower boundaries of the range can be identified by the high and low of the first 30 or 60 minutes. Early Morning Range Breakout and Volume The idea for go short on a break below or going long on a break above resistance is not as easy as you think. First, you need to understand the relationship between volume and price. Volume and Price must be in harmony. When you short or long a stock, which has happed down or gapped up it must open with heavy volume and then retrace on lighter volume (indicating a lack of buying). Which confirms that sellers/buyers are in control. Volume Is very important for every type of breakout which confirms the breakout before entry. If the stock price breaks the morning Support/resistance level with low volume, there is a high chance of a false breakout. The image below explained that high volume during a breakout is likely to push price through key resistance. In this 15- minute chart, you see that after a break of early morning resistance with high volume, the price starts increasing. Volume is very tricky so you need to be able to predict the support/resistance levels accurately in order to find out good volume breakouts and set proper profit targets. Disclaimer: The Intraday Trading Strategies discussed in this post is for education purpose only. We are not responsible for any Profit or Loss you made using these strategies. We hope that you like our blog post on Intraday Trading Strategies.
NSE:NIFTYEducation
by khushaljain023
BEAMX is beaming downwards #BEAMX/USDT #Analysis Description --------------------------------------------------------------- + BEAMX has formed a well-defined rising wedge pattern, which typically indicates a bearish trend in the chart. + Should the price breach the support line, we anticipate a sustained decline in price. + I plan to initiate a short trade as soon as the price breaches the support line, while maintaining a moderate stop loss. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 0.032179 Stop Loss: 0.03804 ------------------------------ Target 1: 0.03043 Target 2: 0.02921 Target 3: 0.02687 Target 4: 0.02443 ------------------------------ Timeframe: 4H Capital: 1-2% of trading capital Leverage: 5-20x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Short
by VectorAlgo
LCID SHORT on VWAP rejecting price rise.In my previous idea of January 29, I bought LCID as it broke out of a falling wedge on news from Saudi Arabia fixing supply chain and production issues for body parts. LCID ascended the following day to fall down on rejection from the mean VWAP band line anchored in mid- December. On the 4H chart, another smaller and more condensed falling wedge is found and price is moving down toward the one standard deviation line below the mean VWAP ( the jagged blue line ) which is now horizontal. The last candle is red and narrow bodied. It is near the top of the channel. Trade plan- I will short LCID here and add to the position each time price returns to the top of the channel as monitored on a lower time frame such as 15-45 minutes. I will watch for a reversal of the down-trending lines of the zero-lag MACD and a cross at the bottom. Similarly for the RSI indicator and its green fast and red slow line in the range of RSI value of 20-35. Likewise, if price rises above the channel in an early breakout, the trade is over as the downtrend is correcting again. If the price were to break resistance of the mean VWAP zone, this would represent a break of the down supertrend and could cause a bit of a short squeeze to get underway. If I see that, I will get into a long position with more position size as it could become lucrative.
NASDAQ:LCIDShort
by AwesomeAvani
Bitcoin(BTC): First $43K Then $32K?Another week is here, and last week we had some massive moves on the market. (Where we dumped as low as $38,500 and then recovered from there, eventually not securing that $40K zone as of now.). That's all natural movement from bitcoin, as we are witnessing a correction to the upper zones (near $43,500), where a lot of liquidity is currently lying. Despite all that, we are still looking here for that $34K zone to be reached, so keep your eyes open for another potential attempt to breakdown from the 40K zone (which eventually will start the downward movement). Swallow Team
BITSTAMP:BTCUSDShort
by SwallowAcademy
Bitcoin(BTC): Looking For Breakdown Of $40KBitcoin is looking better than ever. Last week we had a nice downward movement, and the current week started with some sharp movement to lower zones towards that $40K zone. As you all know, we have been looking at two major zones of $34K and $26K (which hold the most liquidity), which is more of a mid-term movement for us, but in the short-term we are looking for a clean breakdown of that $40K zone, which is basically the last zone to hold the price of BTC as of now. Upon breaking this zone, we will see some deep downward movement to our major target zone!! Swallow Team
BITSTAMP:BTCUSDShort
by SwallowAcademy
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