#IDEA TRADE IDEA SETUP MIDTERMGreetings Folks,
today i have prepared a setup of IDEA on NSE
the analysis as follows-
- the price is in a uptrend
- currently retracing in the structure denoted
- we will not change our bias until a good bearish structure is formed
- have marked 2 entries
dont play with fire, always use a predefined stoploss
Midterm
#JIOFIN MIDTERM TRADE SETUPGreetings Folks,
today i have prepared a setup of JIOFIN on NSE
the setup is as follows
- the price is following a dynamic resistance which is strong
- very very low volume, can be manipulated
- if breaks the previous low, can sell
dont play with fire, always use predefined stoploss
UBER - Rising Trend Channel [MID -TERM]🔹Strong development within a rising trend channel in the medium long term.
🔹Price surges after POSITIVE rectangle formation break through resistance 29.76.
🔹Support 37 in NEGATIVE reaction.
🔹Technically POSITIVE for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
Mid-Range Trade opportunity on JP MorganHere is a good trade opportunity on JP Morgan.
I will wait for the breakout of the resistance level and then enter after a successful retest to the resistance level, and if it fails to break the resistance level and breaks the lower trend I will Exit and close the trade.
1- You can get around 11% profit easily.
2- It might take 1-2 months.
3- There is also a dividend declared by the company ( Ex-date: 5th July 2023).
4- This is one of the most reputed and large-cap companies, so it should be considered safe!
5- Follow the instructions on the chart carefully, Feel free to modify the trade according to your risk.
Disclaimer: This is not a piece of investment advice and I am not a certified financial advisor, I just found an opportunity and thought it would be great to share it with the community, Invest at your own risk, and feel free to modify the trade according to your risk profile.
CCL - Horizontal Trend Channel🔹CCL has broken up from an approximate horizontal trend channel in the medium long term
🔹Inverse head and shoulders formation at the break up through the resistance at 11.10.
🔹Further rise to 19.40 or more is signaled.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
ETHERIUM LONG TERM market update I hope u know that this is a personal opinion and everything can happen in between this trends or s/r levels and market will never care about our feelings but we can have different opinions at the same time for ourselves and with risk management and stop losses for short term trades we can decide what to do at different points of live market
I hope u have the same opinion
Midterm BTC ChartBitcoin is currently looking short-term bullish and can achieve the target zone of 30-31K. The structure will be changed to Bearish once BTC gets enough liquidity from the top. It will then come under a 10-12k zone before a proper bullish start.
*This is not a financial advice and do your own research.
SBUX - Rising Trend Channel [MID TERM]🔹SBUX has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate.
🔹Break downwards through 98 will be a negative signal.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
QCOM - Rising Trend Channel [MID TERM]🔹QCOM shows weak development in a falling trend channel in the medium long term.
🔹QCOM has broken a resistance level in the short term and given a positive signal for the short-term trading range.
🔹QCOM is approaching's resistance at 120, which may give a negative reaction.
🔹Overall assessed as technically negative for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
TQQQ - Rising Trend Channel [MID TERM]🔹TQQQ shows strong development within a rising trend channel in the medium long term.
🔹The price has risen strongly since the positive signal from the double bottom formation at the break through resistance at 23.69.
🔹The short term momentum of the stock is strongly positive, with RSI above 70.
🔹Overall assessed as technically slightly positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
COST - Rising Trend Channel [MID TERM]🔹COST is in a rising trend channel in the medium long term.
🔹COST has broken a resistance level in the short term and given a positive signal for the short-term trading range.
🔹COST has support at 486 and resistance at 523.
🔹Overall assessed as technically positive for the medium long term.
Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢
Verify it first and believe later.
WavePoint ❤️
TSLA - Falling Trend Channel [MID TERM]- TSLA is in a falling trend channel in the medium long term.
- TSLA has broken a resistance level in the short term and given a positive signal for the short-term trading range.
- TSLA has support at 154 and resistance at 210.
- The RSI curve shows a rising trend, which is an early signal of a possible trend reversal upwards for the price as well.
- Overall assessed as technically slightly negative for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
KLA - Breakout Falling Trend Channel- KLA has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
- KLA has broken a resistance level and given a positive signal for the long-term trading range.
- KLA has broken up through resistance at 397.
- In case of negative reactions, there will now be support at 397.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
SOXL - Rising Trend Channel [MID TERM]- SOXL is moving within a rectangle formation between support at 12.99 and resistance at 18.59.
- A decisive break through one of these levels indicates the new direction for the stock.
- SOXL is between support at 13.70 and resistance at 18.00.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
DDOG - Rising Trend Channel [MID TERM]- DDOG as broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
- DDOG has broken a resistance level and given a positive signal for the long-term trading range.
- DDOG has marginally broken up through resistance at 87.00.
- Positive volume balance, with high volume on days of rising prices and low volume on days of falling prices, strengthens the stock in the short term.
- The short term momentum of the stock is strongly positive, with RSI above 70.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
SPY - Rising Trend Channel [MID TERM]- SPY shows strong development within a rising trend channel in the medium long term.
- SPY is moving within a rectangle formation between support at 393 and resistance at 431.
- A decisive break through one of these levels indicates the new direction for the stock.
- SPY is approaching's resistance at 416, which may give a negative reaction.
- Overall assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
GOOG - Breakout Falling Trend Channel- GOOG has broken through the ceiling of a falling trend channel in the medium long term.
- This indicates a slower falling rate initially, or the start of a more horizontal development.
- GOOG has support at 106 and resistance at 123.
- Positive volume balance strengthens the stock in the short term.
- Overall assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
AMZN - Breakout Falling Trend Channel- AMZN has broken the ceiling of the falling trend in the medium long term, which indicates a slower initial falling rate.
- AMZN is testing resistance at 113.
- This could give a negative reaction, but an upward breakthrough of 113 means a positive signal.
- AMZN is assessed as technically neutral for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
FTNT - Breakout Rising Trend Channel- FTNT has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate.
- FTNT has met the objective at 66.36 after a break of the double bottom formation.
- FTNT has support at 62.70 and resistance at 69.40.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️
AMD - Rising Trend Channel [MID TERM]- AMD is in a rising trend channel in the medium long term.
- AMD has met the objective at 96.47 after a break of the double bottom formation.
- The price has now fallen, but the formation indicates further rise.
- AMD has marginally broken up through resistance at 85.00.
- Overall assessed as technically positive for the medium long term.
*EP: Enter Price, SL: Support, TP: Take Profit, CL: Cut Loss, TF: Time Frame, RST: Resistance, RTS: Resistance to be Support LT TP: Long Term Target Price
*Chart Pattern:
DT - Double Top | BEARISH | RED
DB - Double Bottom | BULLISH | GREEN
HNS - Head & Shoulder | BEARISH | RED
REC - Rectangle | BLUE
iHNS - inverse head & Shoulder | BULLISH | GREEN
Verify it first and believe later.
WavePoint ❤️