HCC LEVELS FOR SWING TRADING 18/06/2024STOCKS FOR SWING TRADING (SHORT TERM) 18/06/2024
NO.3
#HCC
Buy Price - 45 (CMP 48)
SL - 40
TARGET - 60, 70 (30 - 50%)
@jagadheeshjp
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Shortterm
IEXPotential Breakout possible .
Cup & Handle formation.
Good for Short term.
Target 163 , 190.
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JKPAPERATH Breakout .
Good Volume Buildup.
Above all Key EMA.
Good for Short Term.
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CADCHF - Strong Support!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 As per our last analysis, attached on the chart, CADCHF has rejected the red circle resistance and traded lower.
What's next?
Currently, CADCHF is hovering around a strong support zone marked in green.
🏹 As long as the support holds, we will be looking for buy setups on lower timeframes.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
POEL All Time High Breakout with Volume.
Above all Key EMA.
Good for Short term.
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ASHOKABreakout in Multiple Time Frames.
Huge Volumes.
Above all Key MA.
Good for Short Term.
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IRBLooks so good on Charts.
Cup & Handle pattern.
Good for Short term.
Target 88 ,112 .
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Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
GOLD SHORT TERM BULLISH gold is currenty trading in a channel again .the overall price action is bullish .so it is sae to take a buy.Hence the gold trades above the validation area and true volume range.it indicates that gold may have chance to buy to the higher positions .technically we have to trade in side of the channel that is what technical prospective says.Apply risk do not change the plan without a good reason
GBP/USD Short (short term)Daily fell below previous week high. We build a reversal and rally-base-drop on 4h, what indicates rejection above previous day high.
We are now trading and building rejections on the order block that brough us below the high around 1.2766.
If we get a 30min reversal candle, I would sell this with first TP around today days low at 1.2743
CENTRALBKLooks good on Charts.
Volume Buildup seen in all PSU Banks.
Above all Key EMA.
Short term target 77 , 92.
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Crude Oil Weekly Analysis- 20th to 24th May 2024
Over view
As per my previous weekly analysis, Crude oil had great ride from beginning of this year and paused from previous month. Fortunately this was necessary for having further movement. We can consider the previous month process was retracement thus by expecting further movement in upcoming weeks.
Any small bounce from this level would be great bullish indications for good week ahead.
Weekly TF
Price has exactly reacted at 0.382 Fibonacci level which is good sign of bullish continuation.
Good green candle formation after doji formation & crossed 50 EMA
Day TF
Trend: Upward range with 3 consecutive support(HL 01, HL 02, HL 03).
Now HL04 has been created and rejected at same level by creating double bottom.
Inside candle breakout has been found after creating Doji & Bullish hammer.
Price has been rejected from crucial key level
0.5 Level rejected in Fibonacci
Buy:
Entry 01:6691
Entry 02: 6962
Final Target expected: 7235
Direct Gapup/Gapdown entry should be avoided
Get confirmation from any of the leading indicators before entering trade
Kindy comment below in case of any clarification required on this particular idea.
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MCX:CRUDEOIL1!
Mcdowell Hangover ?- It has been in a sideways channel for almost 2 years with clear support and resistance zones
- It showed strength in the initial phase of this week but at the end got hung over Literally, upside down.
- In the end, the price was prevented from breaking the trendline. Buyers appear trapped if the momentum changes sides. It did weaken the upside momentum for now.
- Despite the trendline breakout ( Say If it had), It would have been wise to wait for the resistance zone to break and the price to sustain over it.
- Even now It has 50 - 50 chances but maybe for us, it's a bit of red bias.
What is your take on it? Feel free to comment. If it helped, Do Leave us a boost 🚀
Disclaimer: We are not registered advisors. The views expressed here are solely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :)
DXY observations (short term bearish trend)DOLLAR OBSERVATIONS
As price continues its downward trajectory, it has shifted its trend to the downside, leaving behind clear supply zones. One of these zones was previously identified and respected as per last week's forecast. I anticipate this short-term bearish trend to persist until it reaches the 104.200 mark. At that point, I expect a bullish reversal to occur, especially considering the presence of an imbalance just above this level.
Additionally, with price currently in a downtrend, my bullish biases on GU and EU align accordingly. This correlation is logical until either of them reaches the supply zone on the daily chart, which should coincide with the same daily demand zone marked out on DXY.
SasanSeifi 💁♂Will We See a Break Above $1.32❓
Hi there!
Taking a look at the 4-hour timeframe, the overall trend has been oscillating within the price range of $1 to $1.30. The price has recently bounced off the $1.20 demand zone and is currently trading in a range of around $1.28.
In the short term, there is a possibility of a HIGH above the previous high of $1.30 and growth to the liquidity zone target of $1.38/$1.50. I expect the price to see growth after ranging or making a minor correction if confirmed. The key support zone is $1.20.
Conversely, if the price breaks below the LOW and settles below $1.20, further correction is likely.
Remember, this isn't financial advice! Always do your research before making any trades.
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!✌
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌
Bitcoin Retest 72000$🔥🔥If we pay attention to the US news and interest rate changes, we can see the price change soon.
The Bitcoin ETF has shown green buying colors after several days of negative selling.
After the inflation of the dollar, we are on the side of a sharp rise in the price of Bitcoin.
We may not see significant price action for 60 days. The market is looking like a cheater right now.
BTC - Bearish Short-Term Until...Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 After breaking below the last major low in red, BTC has been bearish from a short-term perspective trading within the falling channel marked in red.
🏹 For the bulls to regain control, a break above the upper red trendline is needed.
Meanwhile, further bearish movement towards the lower bound of the red channel would be expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
PPLPHARMARectangle Pattern Breakout.
Volume Buildup seen.
Good for Short term.
Above all Key EMA.
Target 174 , 195 ...
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MINDTECKForming a Base after a Breakout.
Another Flag Pattern possible.
Above all Key EMA.
Good for Short term.
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MRPLLooks Good on Chart.
Volume Buildup followed by Consolidation.
Good for Short term.
Target 290 ,360 ...
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TAJGVKMultiple Breakouts.
Consolidation followed by Huge Volumes.
Looks so Good on Chart.
Above all EMA.
Good for Short term.
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Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
MAHABANKTriangle pattern Breakout .
Good volumes.
Consolidation done .
Above all Key EMA.
Good for Short term.
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Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.