Buysetup
BPCL -Bullish Price Action AnalysisFrom Oct 2021 , NSE:BPCL has continuously made LH-LL in daily Time Frame.
Now Price has Approached pandemic level and also its demand zone comes from the higher TF such as Weekly & RSI is showing the Divergence.
A good buying opportunity arise if price sustains this demand zone (287-300).
Price has already dragged much from the top level so buying opportunity only comes to the picture.
If you have other opinion, please share your comment below and like & follow for upcoming great analysis.
Safe Trading ;)
XAUUSD | Perspective for the new week | Follow-up detailsThis is a follow-up to our previous analysis where we were able to close the week with over 3,000pips in profit (see daily commentaries in the link below for reference purposes). Going into the new week, it is obvious that the yellow metal gained some bullish traction towards the end of the week, rising more than 1% on Friday as the dollar weakened amid reports of a potential debate amongst the U.S. Federal Reserve officials about the pace of rate hikes. Will the latest development be a reason to stake on the Gold in the new week?
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
BTC Buy Limit 10.28.2022💸New Free Signal💸
====================
⚡️#BTC/USDT
🏛Exchanges :Binance & Kucoin Futures
📈 LONG
💎Leverage : 10X - 100X
▶️ Spot& Future
🟡 Entry : 19100$-19450$-19550$
🟢 Target 1 : 19800$
🟢 Target 2 : 20300$
🟢 Target 3 : 20600$
🔴 Stop loss: 18900$
📊Analysis Method: Order Blocks+ Volume profile
🆚Risk/Reward Ratio: 11
➖➖➖➖➖➖➖➖
👤 Desert Eagle🦅
📅 10.28.2022
⚠️ (DYOR)
Good Luck Traders📉📊
Can $MNTK continue to lead the Utilities sector?Notes:
* Recent IPO with steady up trend
* Not the best earnings in the recent quarters
* Basing for the past ~3 months
* While basing it bounced off of its IPO highs around the 13.8 area
* Recently breaking and holding above a pivot area between 16.65 and 16.9
* Daily and weekly volume seems to be indicating buyers coming in and the UD ratio seems to be indicating the same
Technicals:
Sector: Utilities - Utilities - Diversified
Relative Strength vs. Sector: 10.61
Relative Strength vs. SP500: 35.4
U/D Ratio: 0.96
Base Depth: 46.96%
Distance from breakout buy point: -15.4%
Volume 31.76% above its 15 day avg.
Trade Idea:
* You can enter now as the price is holding the 16.9 area as support
* If you're looking for a better entry you can wait to see if it retests the 16.9 area again.
Is $PI ready to break out of its ~10 month cup and handle?Notes:
* Strong up trend on higher time frames
* Excellent earnings track record
* Basing for the past ~10 months
* Forming a cup and handle pattern while basing
* Printed a pocket pivot signal, indicating institutional buying
* Volume on the daily and weekly time frame seems to be increasing as well
* Strong resistance around the $90 area
Technicals:
Sector: Technology - Communication Equipment
Relative Strength vs. Sector: 6.75
Relative Strength vs. SP500: 17.9
U/D Ratio: 1.09
Base Depth: 137.32%
Distance from breakout buy point: -10.12%
Volume 79.85% above its 15 day avg.
Trade Idea:
* You can enter now based on the pocket pivot signal
* Or given the market conditions you may wait for a break out of the handle as indicated or even a break above the $90 area
Is $CLFD ready to start coming up on the right side of its base?Notes:
* Strong up trend on all time frames
* Great earnings in the recent years
* Basing for about 9 weeks
* Starting o come up on the right side of its base with volume
* Created a launch pad with the 10,20 and 50 EMAs
Technicals:
Sector: Technology - Communication Equipment
Relative Strength vs. Sector: 4.11
Relative Strength vs. SP500: 6.57
U/D Ratio: 1.24
Base Depth: 43.31%
Distance from breakout buy point: -18.43%
Volume 0.44% above its 15 day avg.
Trade Idea:
* You can enter now as it's just coming off of the launch pad with volume
* It's also breaking above a clear resistance area of ~105.4
* If you're unsure at the moment you can wait for a retest of the the ~106 area as support before jumping in.
EURAUD Potential Buying Opportunity!In this week's trading session we will be monitoring EURAUD for a Buying opportunity in and around 1.550 orderblock zone. Once we get a bullish confirmation the trade will be executed and shared with our premium subscribers!
- RISK DISCLOSURE
TRADING IS NOT SUITABLE FOR EVERYONE. TRADING FOREX INVOLVES HIGH RISKS AND CAN CAUSE YOU A COMPLETE LOSS OF YOUR FUNDS! Trading foreign exchange on margin carries a HIGH LEVEL OF RISK, and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose! The high degree of leverage associated with trading currencies means that the degree of risk compared to other financial products is higher. Leverage (or margin trading) may work against you resulting in substantial loss. And feeling a sensation similar to getting sucker punched in the stomach. There is considerable exposure to risk in any off-exchange foreign exchange transaction, including, but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or currency pair. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Market Opinions BigGainLTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. YOU are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs. Internet Trading Risks There are risks associated with utilizing an Internet-based deal execution trading system including, but not limited to, the failure of hardware, software, and Internet connection. Since BigGainLTD does not control signal power, its reception or routing via Internet, configuration of your equipment or reliability of its connection, we cannot be responsible for communication failures, distortions or delays when trading via the Internet. Distribution This site is not intended for distribution, or use by, any person in any country where such distribution or use would be contrary to local law or regulation. None of the services or investments referred to in this website are available to persons residing in any country where the provision of such services or investments would be contrary to local law or regulation. It is the responsibility of visitors to this website to ascertain the terms of and comply with any local law or regulation to which they are subject.
EURUSDHello friends
On the daily chart , we have a kind of tight movement, the positive divergence of the RSI can be a kind of signal for the price to exit from the upper side, from this compression.
Provided that the current price trend is above the range of $1.02244, the possibility of the continuation of the upward trend up to the yellow range ($1.13871) will be strengthened.
What do you think?
Long to daily higher high.The price is up on daily. bearish on all others which indicates a micro time frame pullback. On 4hr price created liquidity and swept once .618 on fib and liquidity at bottom cleared. price pushed up tp tap a supply range and pushed back down to tap an unmitigated order block which I think is aiming for the .786 zone and to also stop out buyers before the major push-up. it's textbook. expansion, retracement expansion. for more confirmation, check the DXY pair as it's a usd pair. showing a little pullback before its expansion. this is the analysis I will take. Now my range will be much tighter, as I will take my position on the 1min. so stop loss no larger than 10pips with account for spreads. so were risked 10pips to gain at least 350 pips. keep in mind on the internal pullbacks i will be stacking trades to my main tp.
$BAH is breaking out of a ~21 month long base! Can it go higher?Notes:
* Strong up trend on the higher time frames
* Great earnings track record
* Broke out of a ~21 month long base
* Higher than average weekly volume and coming off from its 10 week line
* Also breaking out of a smaller consolidation of ~12 weeks
* Gaped up a couple of days ago and is now coiling
* Broke historical resistance around the $97 area
Technicals:
Sector: Industrials - Consulting Services
Relative Strength vs. Sector: 3.15
Relative Strength vs. SP500: 2.07
U/D Ratio: 1.37
Base Depth: 7.78%
Distance from breakout buy point: 0.23%
Volume 55.27% above its 15 day avg.
Trade Idea:
* Now's a great time to buy since the price is just breaking out and is close to the break point
* If you're looking for a better entry you may look for one around the ~97.85 area as that should hold as support
EURUSD BACK ON THE RISE 1.0000?The EUR has seemed to fail at making another Lower Low after pushing down hard off of a Daily Supply zone, also the EUR has been having good momentum and bullish pressure from the lower TF H4 Counter zone which seems to reverse price if it holds. The DXY is now looking bearish with the H4 50Ma now above the price it leads me to believe the dollar is losing its momentum and in turn, will make EURUSD rise.
Entry Criteria/Confluences
1. D failed at making Lower Low off of strong bearish Supply momentum
2. Price has broken the H4 structure to the Upside twice now
(1st time was the zone it respected, highlighted blue)
(2nd time just happened with ALOT of momentum and the entry is at retest)
3. DXY is falling and turning bearish
4. Entry is right at Psych Mid Level 0.97500 (SL 50 pips)( TP 250 pips)
Trade Management
1. At 0.99000 I will move SL to BE and take 50% of profits, hopefully, the price can fly up to 1.20000 for 450 pips
2. If my limit hits to protect my psych I will reassure myself of all my confluences and be ready to let the trade play out.
3. I will set the Scale in positions only at H4 BOS/POI for the highest probability
EURUSD long trade update BUY taken!Just thought id update as its happening, hoping to see price push up and make an early move to the upside. If price breaks this minor support it could possibly give another area to look at another position so dont stress and never feel like your to late to place a trade the market will provide opportunity's all the time.
$ENSG poised to go higher from here?Notes:
* Very strong up trend on the weekly/monthly charts
* Great earnings for the past few years
* Basing for the past 19 months
* Creating a cup and handle
* Trying to break out of the handle
* Strong resistance around the $85.4 area
Technicals:
Ticker: $ENSG
Sector: Healthcare - Medical Care Facilities
Relative Strength vs. Sector: 28.52
Relative Strength vs. SP500: 11.74
U/D Ratio: 1.15
Base Depth: 36.29%
Distance from breakout buy point: -9.18%
Volume 16.02% above its 15 day avg.
Trade idea:
* Not jumping into this just yet.
* Waiting to see if it can stay above the $85.4 area and hold it as support.