Learn Mother, Father and small child theory and Parallel channelThis is an educational video explaining medium to long term analysis of Nifty for educational purpose through my Mother, Father and Small Child theory. I am also trying to explain what happens in the long run, also you will find insights of how to use and draw a parallel channel. I have also done an analysis of Nifty supports and resistances in the medium to long term. We are also trying to understand what can be the channel top in the long run. We are also trying to see how RSI works in brief. The attempt is to explain a lot of stuff in simple jargon free language in roughly 16 minute video so that you get lot of education. It is going to be a power packed 16 minutes once you watch it. Do not forget to like/ boost our video and subscribe our channel.
To learn Mother, Father and small child theory to the deeper extent and to learn about RSI do read my book: The Happy Candles Way to Wealth creation available on Amazon in Paperback and Kindle version. The book is also available on Google playbook in E-version.
Disclaimer: Purpose of the video is for education. Do not treat this as a buy or sell call on Nifty. I am just trying to teach / throw light on Mother, Father and small child theory in brief along with the use of parallel channel. Hindi and English both languages are used in the video for wider audience to understand the same.
Supporandresistance
BTC outlook for 26 June 2022. BTC showing little to no volume over the past few days but slowly movings towards the last major wick zone it left behind on the 21st of this month. I would like to see BTC break above this wick and start testing the next resistance zone around 22,5k. The good news is if BTC manages to break above the next resistance zone, we have clean traffic and range to fill all the way back up towards 26,7k. This does not necessarily mean BTC will do this, but from a technical analysis perspective it does make sense.
BTC outlook for 19 May 2022. After ranging a few days, BTC has made another bearish push towards the next major support zone around 28,6k. If BTC manages to flip bearish on the daily timeframe I do believe it will continue pushing down towards the next support level around 26,7k (wick fill). As long as BTC respects the current support zone I do believe we could se a relief bounce coming up within the next few days to break the resistance zone around 31,3k.
NEARUSDT Good Buy Opportunity!NEARUSDT (Day Chart) Technical analysis
NEAR/USDT (Day Chart) Currently trading at $7.80
In the above chart old resistance zone act as new support.
And price touched 200EMA in 4h chart. EMA act as good support!
Buy level: Above $7.30
Stop loss: $6.30
TP1: $9.60
TP2: $10.50
TP3: $11.80
TP4: $15.00
Max Leverage: 2x
Always Keep Stop loss