BPCL INTRADAY FEB 24 2021 LONG FOR INTRADAYDear trader,
If u look at the chart of BPCL (analysis based intraday only) the NIFTY support at 430 and and resistance at 445
The chart clearly indicates BPCL has come out of a triangle giving breakout on weekly chart ,you can also see the candle stick patters for more in depth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
Profits
APPS - consistent returnsSelf explanatory. Buy the dip, good to have cash on hand to seize the opportunities the market presents. Not always good to leave money on the table.
Switch the chart to candles and you can identify some great bullish candles at the reversal. Tweezer bottom got me looking at buying calls. The buy signal confirmed it. Ride the wave up and set the stop loss for some good risk/reward. Next signal was clear momentum play as the price moved above the cloud.
Safe trading! Like/Share!
HDFC LIFE LONG INTRADAY 23FEB 2021Dear trader,
If u look at the chart of HDFC LIFE (analysis based intraday only) the HDFC support 1 @705 and support 2 @685 and resistance at 715.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
Our signals are based on analytics, algorithms, mathematical derivatives.
Always be a responsible trader, kindly trade only when you have maximum opportunity in the market with minimum risk and with keynotes like data, analysis and proper strategies.
Kindly message us for strategies and analysis.
DO YOU NEED INDICATORS?SAVE THIS!
I recomand you to trade with price action and yes to use indicators only when you need a second validations that you did your analysis very good.
I have to tell you that I use indicators when I trade ,and here i'm talking about Fibonacci Retracement and Ichimoku Cloud.
But most important thing is to have confirmations before going in to a trade.
Trade smart!And make money!
CHFJPY🇨🇭🇯🇵 ( simple analysis for begginers ) 👨🏽🏫Hello Traders 🙋🏾♂️
Hope you had an amazing trading week just like we did !🤑
Here we go, shorting JPY once again.👍🏾
The pair has been loosing strenght, suggesting more upwards values on this pair.
So quite simple analysis, using only pattern recognition.
The pair created a bullish flag pattern, with a successful break-through to the upside.
After 3 weeks raging, the pair managed to break the resistence of that channel, looking for new highs.
After confirm a new high, on the last trading day from last week, we spotted a re-test on what I consider to be the new support, closing the daily candle above our previous high values ( the top of the flag pole, and all highs on our raging channel ).
With only 50 PIPs of STOP LOSS and 150 PIPs of TAKE PROFIT, we have here a nice 1:3 ratio.
Usually I always ask to close the trades earlier, but this one will deffo be a TP hit
Feel free to use this trade yourself. 🤗
If you found this idea helpful, please leave us your fedback on the comments below and don't forget to follow us so you don't miss any of our ideas. 🙇🏾♂️💙
Have an awesome trading week chaps 🍾🥂
RKT Rocket readyRocket: Stage 6 launch, the 6th go at it here. Not quite ready yet, wait for some consolidation and be patient! Let the trade come to you. RSI needs to begin to heat up before I enter the Rocket launch.
Stocks: A good risk reward would be entering in the "area of value" along the trendline and set stops below support (draw your own or auto shown on TRND bot indicator.)
Calls: I am waiting on the breakout and buy signal confirmation.
Pay your mortgage with this trade but don't lose your mortgage! Good luck trade smart!
DOGEcoin to the ROOF!!!!BINANCE:DOGEUSDT Hi guys , We are getting close to the breakout of the triangle that has formed on the chart and believe it or not it's the third time that we are having this same pattern , so if we break out of this one too like the others and confirm it we can set our targets at these levels ( the target of our triangle is perfectly aligned with 0.0878 Fibonacci level ) : 0.09 $, 0.1278776 $, ....... and hopefully 1$! !!!! (¬‿¬)
If you find this helpful please share your thoughts with me and comment down below your entry points !!! If you want to support me like this idea and follow me for more!!!!! Thanks
FLT (1-2 Week trade)Bullish TSXV:FLT
A wedging pattern formed and a breakout is imminent.
✅ Bullish candle at close
✅ Near the end of the wedge
✅ Red Flags = Relative Strength Index (RSI) divergence shown here
A price entry can be made inside the wedge or when the bullish movement is confirmed at the breakout and confirmation level of $2.14.
This is a 1-2 week trade for a 7-10% profit gains (or more if it can break the $2.30 resistance) .
Confirmation: ~ $2.14
Price Entry: < $2.07 or at Confirmation
Price Target (PT): > $2.30
Profits: ~ 7-10% gains
- Pocketfeeder
WWR BreakoutBullish NASDAQ:WWR
6-Month, 2-Hour View :
Another Cup and Handle formation
Entry: ~8.60
PT: +$12.00
Profits: >40% gains (1+ months)
1-Month, 30-Min View:
✅ A bullish wedge indicating the Stock Price (SP) movement to go up. Waiting for confirmation above ~$8.80
✅ Red Flags = Relative Strength Index (RSI) Divergence appearing for a bullish momentum
**For a shorter hold... (1-2 weeks)
Entry: ~8.60
PT: $9.50
Profits: ~10% gains
Find good entries, know your exits, secure your profits
- Pocketfeeder
CGC - money really does grow in the canopy!Buy the dip.
Just wait for that buy signal to fire and go long. Additional confirmation is the macd cross while stock stays above 200ema. Cheers! Grow!
“In forest ecology, canopy also refers to the upper layer or habitat zone, formed by mature tree crowns.”
$NAKD Cup & HandleThis is a mid term hold but will be worth the wait
Take profits along the way is key!
#NAKD #Cupandhandle #Midterm #Patience
SGMO breakout repost from last fridayPay for your much needed therapy this week with your profits from a continuation on a SGMOtheraputics breakout. If you missed area of value as outlined by my post last friday we could still be in a good buy position for continuation of this breakout. Safe trading!
The Best Candlestick Formations To Enter & Exit Trade! My SecretThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Bearish Divergence on the RSI with ETH/BTC pair. Not short.Not short, do not have access to leverage, otherwise, with the right setup, this could be an extremely lucrative trade if it were to work out. Only thing I am doing is continuously harvesting ETH into BTC as we go up. Not large amounts, just a few bucks here and there. I am waiting for one big, stupid, parabolic move to sell my last intended sell on ETH into BTC, but as always I will keep a core position of at least 10% ETH in long term holdings. Last big dip, I bought a fair bit back (Elon Musk tweeted that day), and then the market took a dump afterwards. Did not get flat (should have bought back much more) on the trade like I should have to do the final run up; but markets move in cycles and nothing lasts forever. For the record, I do not dislike ETH, I think it is fine, but there are issues (super high gas fees for one) that need to be worked out and we are waiting 1 or 2 years until ETH 2 makes ETH a monster which you will not want to sell ever again.
Right now, for every 12 bullish ideas (here on tradingview) on ETH/BTC I see maybe 1 or 2 going the opposite way...not quite 100% bullish crowd, but as a contrarian, that's enough for me to start increasing the sell. Also, Gold took a major dump and we have not seen that reflected in the crypto market as of yet, but if that pattern continues (gold dumps first, then crypto), we should start seeing the beginning of a major correction soon. I do not sell crypto into fiat however, but I am setting up few stable coin yield harvesting plays (started buying Dai at the start of the week) so that I have a stream of cash to direct should we go bearish for a spell, and to just leave it running rather than continuing to put all available cash towards crypto at this time, stocks that yield growth and dividends should also be on everyone's radar unless they can cover all of their living expenses through crypto (I'm nowhere near that level). I would prefer to not sell any crypto as I intend to hold for the next full cycle, thus I will need several cash streams to cover costs so as to avoid temptation to sell anything once BTC is above 100 K and ETH is above 5-10 K > 100 K is not the long term goal...
Markets don't move in straight lines...and when they do, go the opposite way somewhere along that line.
#NULS : Short term Short Profits- Falling wedge already broke out.
- 1st wave already done and going to build up a retracing 2nd wave and a spike third wave.
- volume needs some more pressure.
- RSI at 66 which shows there is still some space.
CONCLUSION :
It is actually a very risky move since it have both a downward and further upward move probabilities.
Trade cautiously with a strict stop loss policy and lets see what we can get from this.
Entry 1150 - 1205 sats
Short Term Targets
T1 : 1253 sats
T2 : 1379 sats
Mid Term Targets
T3 : 1469 sats
T4 : 1680 sats
T5 : 1980 sats
T6 : 2363 sats
Stop Loss
- For Day Traders : 997 sats
For Mid to Long Term Hodlers : Close below 833 sats.