NSE:ICICIBANK Sell For 20 Nov 2018NSE:ICICIBANK sell initiate for 20 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 361.1
Stop Loss : 364.15
Target : 359.15
Shortsell
NSE:JETAIRWAYS Sell For 20 Nov 2018NSE:JETAIRWAYS sell initiate for 20 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 316.05
Stop Loss : 322.95
Target : 304.25
NSE:NCC Sell For 19 Nov 2018NSE:NCC sell initiate for 19 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 87
Stop Loss : 89.45
Target : 85.55
NSE:BPCL Sell For 16 Nov 2018NSE:BPCL sell initiate for 16 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 302.15
Stop Loss : 311.65
Target : 293.9
NSE:TATASTEEL Sell For 16 Nov 2018NSE:TATASTEEL sell initiate for 16 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 578.15
Stop Loss : 589.6
Target : 571.7
NSE:AUROPHARMA Sell For 14 Nov 2018AUROPHARMA sell initiate for 14 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 771.15
Stop Loss : 782.2
Target : 759.05
NSE:INFRATEL Sell For 13 Nov 2018 NSE:INFRATEL sell initiate for 13 Nov 2018 using 1 hour chart based on Fibonacci levels,
check below Sell level :
Sell Below : 256.7
Stop Loss : 261.1
Target : 253.1
$ETC One of the Lowest Volatility in 2018 Agains BTC MarketIf you are an intra-day trader or shorter time frame than mid-term (around 1-3 months), ETC is not yours to trade. ETC proved itself as the lowest volatility in price against BTC. Which in average give return 25-40% between the top and bottom through 2018.
ETC is a fork of Ethereum which promising about more stability bla-bla in blockchain network. It's glory day was March 2017 and totally ended in November the same year.
Right now if you're looking to hedge your Bitcoin, ETC probably your second option except Bitcoin itself.
For short-term time frame, looking for RSI level to get downward and touching my surface of latest-support-level green box. I really can't count on MACD as it shows a really flat movement right now.
But my Ichimoku cloud indicator looks bearish AF.
Popular Opinion: $TRX Short Idea303 sats - 320 sats is a major support at this display. We're looking for btc retracement after it's recent gains like 5% in after it dumped hard from $7200 to $6100 level.
I'm more bearish at this level and wanted to short. I will close position with 320 sats level and will be wait and see if it happened wether it will go up or will break down to my final low box right there.
Why it has to be so? I heard rumour about ETF delaying which can be the reason it lead to another big retracement for bitcoin, and of course will be followed by alts. We're still in bear season remember?
Trade safe.
GBPAUD Short Trade GBPAUD fully rejected the 1.8399 resistance level.
We have had two pull backs, and now the shorts are being entered.
This has great potential to run lower.
Stops above the 20th September Intra day highs
Keep stellar in your watchlist.We have seen a Good pump price pump in Stellar(XLM). It did breakout from descending triangle.
Now it is forming head & shoulders pattern. So keep an eye on this.
$EOS doomed! When will it rise up or possible H&S?EOS for real a phenomenal ICO was raised with $4 billion in crowdsale with no working product. How come the marketing team do such a great and legendary effort (until now, behind Tezos) in an early of environment of blockchain? This is something that all of us supposed to learn from them.
Despite those fundamental background, EOS right now is sitting at #5 on coinmarketcap. Crazy ain't it?
From the technical part EOS hacing it's glorious day was on April-May 2018. A semi bull-run which people were talking about consensus pump bla-bla.
As today, I see EOS chart as a potential H&S pattern. Which means, EOS probably have a chance to raise about 40-50% gains from the current price and then back to the neckline which are about 55-60% dump from that price. This one also possible with the price action trying to break through my ichimoku cloud indicator. Which mean the seller right now has losing power and slowly the position taken by buyers.
or another issue.
Lack of volume plus with the bearish div on RSI, it's not an H&S but chart trying to find bottom after it's phenomenal gains in April-May. Which by this being said, i'm looking for support around 0.0005619 and below or -36% from the current price. In order for that to happen, i expect the RSI go below 50 level and touching the bottom of it and the volume keep decreasing as we are on the way to meet the final momentum for reversal.
Will give you guys an update about it.
Sell of on BTCUSDHere i have broken down my projection for the BTCUSD based on pure price action. I am going for a short position down to the $5800 level for this Crypto currency. Happy trading and use your risk management strategies. On this particular chart I have identified a swing high as well as a key resistance level on the 1 Hr charts.
$SNAP To Single Digits$SNAP Just broke below $12.00 support which is now the resistance. DAU decreased last quarter and rev. growth will also slow down. Given its growth prospects, I do not think this co. deserve a 15x p/s. At $11.64 it looks like a good price to open a short. Insiders are also dumping.
$CIB Short Setup$CIB Broke below its sideway range and closed two days below the sma200 after printing a double top this year. Negative sales and eps growth rates. Let's see if the sma200 act as resistance. $44.02
$VEA Short SetupRef. price: 43.83
$VEA I see rejection at $44, today closed below the sma50 on 2.72x average volume.
Looks like a good spot to short with a max risk of 2atr (14) stop on close.
NZDUSD - Weekly Chart AnalysisPrice Action: Ranging
Pattern: Rising wedge/head and shoulders
Long-Term Momentum: Bullish
Short-Term Momentum: Bearish
Bias: Short
Action: Price closed below trend support on the weekly chart but is rejecting off the support zone. Once price moves below the support zone it would be a good idea to take a short position.
EURUSD - Weekly Chart AnalysisPrice Action: Bearish
Pattern: Break of daily support + 29 EMA *still in corrective phase
Long-Term Momentum: Bearish
Short-Term Momentum: Bullish
Bias: Short
Action: Enter short once price breaks below 75 + 130 EMA and trend support + weekly support
Comments: Price is reaching a critical point in the structure. The longer-term EMA’s are lining up with longer-term support zones, so if there is a break below these levels price should move freely.
Fib Wedge for BTC Anything on chart can be measured and explain logically. Using our wedge I want to show You that trading can be nice and easy. We don’t have to guess where price gonna stop or where is the top so we can close our position and enjoy money we made.
Falling wedges are known to break upwards ( statistically more chances to break up then down ). With a help of Fibonacci we can almost predict entry and exit points for our trades.
I’ve been saying that is in strong lowtrend and falling wedge proves that again.
Conclusion - in my opinion BITMEX:XBT will go down. I see 7500 easy target and from there…
This information is not a recommendation to sell or buy.
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MMM ShortI did a discounted cash flow valuation on 3m assuming a revenue growth rate of 5%, in line with 10, 5, and 3 year historical averages and it produced a valuation of $135. A 41% downside valuation... When I saw this I questioned the legitimacy, but played around with revenue growth rates and found, that, to justify it's current valuation of $236.55, MMM would need to see top-line growth of 12% YoY.
Leave a comment and let me know what your thoughts on MMM are, for now I'm short them, but would love to hear some other view points.
