CROMPTON GREAVES - SHARK PATTERNThere is a Shark pattern formation on the weekly chart of Crompton Greaves.
The Stock has been holding the first Prz zone of the pattern for the past many weeks.
There are many ways Shark pattern can be traded, I am sharing the easiest method that I follow mostly
One can Enter a limit order to buy between the 88% and 113% retracement levels. (looks for positive price action for confirmation)
1st Prz : 370-383
2nd Prz : 330-332
Stop loss at the 127% extension of the XC leg.
SL below 310 levels
Type of trade : positional
Disclaimer : Trade at your own risk.
Longtrade
LONG US30 A trade can be made of US 100 at 12950 with the stop loss at 12780 and target at 14000
Reasons are as simple )
:- double bottom
:- W pattern formation
USDCAD UPTRENDHere you can see a uptrend prediction of USDCAD.
i think market touch the demand zone but due to strong demand on that area smart money didn't break the demand zone so we can see a short term trade for buy side.
if the trend go against the prediction then we just need to wait for the retracement then we enter in a trade.
but my i thought and i'm confident of my prediction that marke hit my all of 3 targets.
A winning long trade ahead of us on the Gold 15mn chartHey traders, the yellow metal today is being so generous and it is giving us a great buy opprtunity. Get ready to make our entry at 1994.9 level since we have interested volume showing up and look forward to the 2007 level as our trget. When the price hits target we should leave as the market might make a reverse. Let's rock and roll!!
LRC - Ascending triangle breakout - Get ready for the entryLRC is ready for the potential ascending triangle breakout, if the it breakout successfully then we can expect a sharp upward movement.
We will post more updates as price moves.
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Cheers
GreenCrypto Team
LUCID Long scenarioIt looks like LUCID is about to finish it's full Elliot Wave movement and the correction reached 0.886 FIb retracement level. I am considering this as a good opportunity to take a long position and target the previous All Time High.
Risk to reward ratio is almost 1 to 3.5
Good luck everyone :)
ICP/USDT i think #ICP will make us a huge profit in the next few Weeks, but we have to be careful with the entry points.
So I prefer to enter this Coin in stages in order to ensure the benefit in the rise, and at the same time in the event of a decline we buy from lower price areas in order to obtain a good average price.
GOOD LUCK!
USDJPY intra day setups! (updates)Watching the area that price is in at the moment for a possible rejection and quick intra day shorts back down to major support area, or even better price makes another move higher and get a better entry for shorts at the start of next week. USDJPY I expect to travel sideways for a while on these lower time frames...
Altcoin long position for 100% return For crypto pump signals traders this is for you, MTA-USDT is a favorite coin to pump by the small liquidity whales,
Based on the volume profile the coin has reached a demand area based on the number of buy orders, This coin is new to the crypto market but still has a chance of pumping.
As you can see on the chart a three fixed range volume profile to see how the coin works, the coin has a major entry for the bullish liquidity in 0.53- 0.60 area
1.35 area is the liquidity withdrawal area in normal circumstances, If the market is in a bullish trend the coin will continue increasing.
This is a risky coin to trade so if you want to win from pumping liquidity this coin is suitable for this purpose.
We can put a little amount of cash into this coin especially since the average trading for this coin is under 2 Million per day so we easily notice when the maker enters the coin.
MTA coin can make 100% with small liquidity, we are now in a bearish trend for all markets.
Position
Buy order at 0.50 - 0.60 area
Buy limit at 0.30 -0.35 area
Targeting
1.30 area as the first target
1.70 area as second target (optional)
We will take the safe return for the coin for now and we will see what the market tends to.
DogeCoin Double Botton15 Min Chart Pattern:
Double Bottom
Date: Jan 26th
Time: 1:36 PM EST
Neckline 1 (support): $0.1450
Neckline 2 (Resistance): $0.1530
if: Price Breaks above $0.153
- Look for a Re-test of Support (neckline 2)
Then: if re-test is successful
- Enter Long
Price Targets:
- $0.17
- $0.1780
- $0.1860
200 SMA: Currently at $0.14
Strong Support Zone:
- Between $0.12 and $0.1260
Rane Holding | Swing Trade Idea 1)Price is moving in the triangle pattern in Daily Pattern.
2)And in the Lower timeframe we can see an Expanding channel.
3)Once the price gives a breakout to the Expanding
channel we can enter keeping the stoploss below the 600 levels.
4)By entering at this level we can wait for the breakout of triangle
on larger timeframe to get more rewards.
Buy Teamlease at current price 4214 stop loss 3970 tgt 4711 5309price of stock in in the box and ready to blast . As per p&f system price closed above 10 SMA . stop loss is on closing basis . keep trailing stop loss . method of trailing can be . moving average , ATR , weekly low , daily low or median . do not let a profit position convert into loss . happy trading
AUDUSD buy trade ideaLooking for AUDUSD to make similar moves as EURUSD as we can hopefully get more weakness for the USD. So when price reaches the area of 0.71700 I will be looking for rejection and a push back up, if price breaks below the last higher low of 0.71500 this idea is invalid. Ill try update, and another reminder to always risk manage make sure you have a plan and stick to it!! good luck everyone