NFTUSDT Possible symmetrical triangleWhat we have here is a symmetrical triangle. we maybe super lucky and
have 2 long opportunities.
The first long would be when price drops to the lower trendline of the pattern.
long there if price makes it with minimum risk. ALWAYS USE STOP LOSS.
the second entry would be the breakout of the pattern. but we buy (BCR)
BREAKOUT,CLOSE,RE TEST. WE BUY THE RETEST OF THE BREAKOUT, in case its a fake out we take on minimum risk.
so there's the strategy. trade safe.
Positional
TWITTER - LongThe bullish impulse from May 2016 formed an Expanding Leading Diagonal for Twitter. According to Elliott Wave Theory, this pattern (occurs as Wave 1 or Wave A) usually dictates the direction of impulse - in this case, to the upside.
As long as we don't break below $13.70, all retracements are considered as Wave 2. Once Wave 2 completes, a more impulsive Wave 3 will ensue - it could already be in the works, considering we've bounced off significantly from the $30 range.
Twitter will probably see ~$140 in the coming years.
#INEOSSTYRO Very Good stock for long term. Fundamentals of stocks are good and the stock is near to give breakout soon.
AMARA RAJA BATTERIES - Getting Ready for a BreakoutThe stock saw a very good move from 530 levels to 581 levels in just the past few sessions, now it is consolidating in a range of approx 10 points near its previous resistance zone.
Considering the previous straight move, it looks like the stock is getting ready for a breakout.
Lets See What We Have Here!?Alright i guess your all know the markets condition right now and how critical is it,so try to manage the balance that you are trading on and buy some #ZRX for the next #days it could do some perfect movements, i marked everything on the chart and i previously shared the #futures #position idea on the tradingview platform you can search and find it on my profile idea section!
Be safe!
LUNA Head and Shoulders ~ DailyLuna made a change of character in the four hour and daily timeframe, leading to a more bearish perspective. Furthermore, Luna has a chance to possibly form a head and shoulders pattern in the daily TF.
By the way, I'm still a novice when it comes to trading. So please let me know if I made some errors. Thanks!
Whirlpool - Long term SupportWhirlpool has good support levels around 1350-1450.
These are the levels, where this stock consolidated for many months, followed by a good move on the upside.
Now, the stock approaching the same levels again, and it could take support here.
Hence keep an eye on the price action near these levels, for spotting any reversal formation in the stock
EOS/BTC at ATLEOS is currently at the bottom in its BTC pair, although it is up in the last week 35% in its usdt pair, EOS has a very good roadmap with lots of updates throughout this year making it a good choice for positional traders. EOS on D1 chart also in falling wedge treading below the resistance line. Consider buying EOS in a dip between $2-2.3. Or if D1 candle closes above falling wedge.
SOBHA is about the break the trendline. Add to Watchlist.Aim for 5-10%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
It is an analysis video. Take your decision on your own.
If you have any questions or suggestions, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
INOX is ready to buy for positional trade.Aim for 6-8%. It can be easily achievable in 1-3 days.
My belief is to choose high winning probability trade with a risk-reward ratio going from 1:1 to 1:2.
The reason for booking profit of only 6-8% is because the market direction is not sure at this point. So better to aim for 1:1 risk-reward and rotate your money in better opportunities.
It is an analysis video. Take your decision on your own.
If you have any questions or suggestions, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
HIND ALUMINIUM BASE BREAKOUT BSE:HINDALUMI broke out from a 2 year accumulation area formed after a strong downtrend of 80%
The accumulation zone slightly resembles a head and shoulder reversal pattern.
The accumulation zone is at the same price range of the previous accumulation zone from which price moved 200%
Increasing volume in the accumulation zone prior to breakout shows increasing interest in the stock.
Breakout volumes are also excellent with price also giving a retest.
A positional trade of at least 1:3 to 1:4 can be taken, but the stop loss can be trailed after the uptrend is established.
Place sl below 44
Targets are open after 1:3 and 1:4 are achieved.
Holding period 2 months to 1year +
Position size accordingly. HAPPY TRADING!