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Long-term

Nifty IT to rise!!, bear runs waves gets overNifty IT- target 30500 cross. i have drawn the waves for the short term, it looks like nifty it has completely corrected, and now it has to start its run. it will go up, with a rally or with some corrections in between(idk), but i guess it has touched its bottom, and will now move upside. plus, have look on rsi indicator, and macd(strategy). they have started to show some divergence, so if by chance nifty it falls, it will not majorly affect much, and will continue its bull run.
NSE:CNXITLong
by raghavchoudhary2016
Support & Resistance Zones in 1 DTF//VRLLOG***Bullish-Trend, the Higher Highs and Higher Lows represents that, just Follow the Trend, the Trend is our Friend >The above pattern has solid Support(4) & Resistance(4) Zones are perfectly formed. >The Stop Loss should be strict due to the high volatile market conditions. The perfect SL would be 580.15(-7%) according to me. >The Target would be the upper trend line in long term, for short time it would be 10%! >The High Tension Lines are formed in 1 MTF, so be bit careful and trade. ***VRL Group include road transportation, logistics, publishing #The holding outlook as of Jun 2022 Quarter: Promoter: No change FII's: Increased DII's: Decreased Public: Decreased.
NSE:VRLLOGLong
by AxionAjay
1
GOLD - Long-term buy opportunity (end of ABC in primary degree) Hello traders, today we will provide a long-term trading idea. It is that long-term that you could use it as an investing idea and buy gold (the asset, not the derivative) and hold it. The chart shows you the corrective pattern that started in July 2020 is in the last stages and it can be ending soon. The price is now in wave 5 in the intermediate degree (blue), which will end the whole corrective structure ABC in the primary degree (green) and after that, we expect the motive bullish wave 5 in the cycle degree (orange) will start. We will be monitoring this asset when the targeted price for this correction to end is reached (1672 is the level). From this point, we expect that the gold will end the corrective cycle at any time and will start a rally. The zone where this turn would happen is from 1671 to 1373. It is a huge zone, this is due we are dealing with a daily time frame structure and even though the size of the zone is large, it is also the potential target. We cannot define precisely the target yet but it would be above the 2200 level. We do have a trading system that reduces a lot the size of the zone (not the target, therefore, the R:R ratio increases a lot). If you have a trading system (supply and demand zones, volume profile, set of rules of indicator…) you can apply it when the price is inside this green zone and the chances the trade will succeed will increase a lot. Important note: it is a daily zone, use the signals that trigger the trade according to it (a 5 minutes signal probably will not be strong enough to turn a daily structure) Reasons why we believe it is going to work: 1- The Corrective structure is clear and the chances that this ABC structure becomes an impulse and stops us out are, at this moment, low. We will monitor it in any case and update you. 2- The USD cycle- The USD is approaching the end of a cycle where it has been dominated by USD strength. When this cycle ends, a cycle where the USD is going to be weaker will start and this will help all the commodities priced in USD, and of course, gold is one of them, to have a bullish cycle that could be pretty powerful. This trade is long-term, so we should not expect a rally in gold in the following days, it can take a few weeks for the gold to end the corrective structure and also for the dollar to end the bullish cycle. 3- The FIAT currencies situation. Central banks have been continuously printing money which has devaluated, at least in common people’s perception, the value of the currencies. This can push investors and common people to buy gold to try to keep their savings protected from a potential hyperinflation of the currency of their savings. 4- Gold is not infinite– The quantity of supply of gold is not infinite and it is difficult to be massively manipulated. Therefore, gold will always have value and these supply constraints will make the gold more difficult to have a significant collapse in the price. In addition, gold has the perception of a value preservation asset. So, in case of an economic crisis (which is predicted in some parts of the world), it can increase the demand for gold. Always keep in mind that risk management is, at least, as important as the entry-level or the SL. Remember the quote “If you do not manage the risk, you will not have any risk to manage” The market is always repeating the same type of defined structures. There are only two main wave types: the motive wave and when the motive wave ends it starts a corrective wave. Within them, there are only 3 motive waves structures (Impulse, leading diagonal, and ending diagonal) and 5 main types of corrective structures (ABC, WXY, Flats, triangle, WXYXZ (triple correction)) Learning them and being able to spot them in the price action graphs will completely change the way you trade as these structures will provide entry point areas, invalidation levels, and targets for the trade. Have a safe and profitable trading day Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it is only the explanation of what we are going to do and it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
OANDA:XAUUSDLong
by TradingtheRightSide
SHIBA INU is gaining momentum, patience is the key Since SHIB is one of the famous MEME coins, many retail investors tend to invest in it. So the whales behind it keep clearing those paper hands before driving up the price. When SHIB is pumping, its large green candle may ignore any resistance and keep pumping for a few days due to the hype. Therefore, SHIB's strategy would be to buy at every resistance line (price shown in the chart) and hold for the next bull run. Holding SHIB requires a lot of patience. After buying, just ignore the price and you might see a huge gain in your account during the next bull run.
Long
by WQ927
Whales buying. This is what to expect from the crypto market.So, with the break of the bullish channel, we saw a heavy dip in price into the 40000 dollar zone and then an instant bounce up, Which was expected since the whales started to exit the market (Dec 1st), USDT.D Exploded after being in consolidation for a long time (Dec 3rd) and Bitcoin after around a day of consolidation and price compression (Dec 3rd), exploded to the down side and broke the bullish channel, Now that the whales are entering he market and buying BTC Heavily, These are the routes that price can take from most likely to least likely 1- Price Tests 40k Demand area, and goes up from there and breaks the 52k Supply area and continues to rise to the last ATH 2- Price Tests 52k Supply area, Fails, Then breaks Below the 40k demand area and goes down to 29-30k Demand area, and has a bounce up back from there 3- Price Tests 52k Supply area, Fails, Then breaks Below the 40k demand area and goes down to 29-30k Demand area, Breaks it, And goes down to 20-19k (Practically impossible) Since we are in a long term sideways trend, And long term sideways trends don't really have a tendency to break, We have to see what happens, Scenario 1 is still the most likely, But the behaviour of whales should be checked upon periodically.
Long
by SHKKVN
this is interesting what I see….If 17500 area is the bottom then should be able to hold and accumulate should bulls up sideways and sky rocket to break the resistance But it is still in a good buy position; if you don’t like where it is now and will drop more then wait for 10k; the lower the price goes in range, the higher the price will go. Choose wisely and good luck; crypto crash is coming also the merge.. so becareful where you buy. It’s your chance this year to be a millionaire, trillionare , billionaire.
BITSTAMP:BTCUSDLong
by JoyBoyVegae
CADJPY ASCENDING TRIANGLE BREAKOUTpair: CADJPY Timeframe: 1D , 4H Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle pattern ————— Key Takeaway: seen alot of consolidation for this pair and alot of fakeouts from resistance, we are hoping for a push through this level to see a bullish swing that we can take advantage of ————— Level needed: need a close by 105.915 ————— Trade: Long RISK:REWARD 1:6 SL: 14 TP: 155 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Long
by TheGoldRoom