CADJPY LONG CADJPY trade I took is different from the NZDUSD LONG I took earlier on. CADJPY is a continuation of a "proven" product over "years" as marked in the chart.
Whereas NZDUSD is trying to "revolutionise" the "industry" by reversing the trend from short to long.
CADJPY to me is a quickie as marked, I will take two orders both for 1R TP. The first order is strictly 1R TP or less and the second order might be a trailing stop order depending on how the market progresses.
1505SGT
18032024
Swingtrade
NZDUSD Long at "New Product Pre-Release Sale"Just long-ed NZDUSD when price came to a level where "The Market Remembers"(support area).
The final push towards the down side was strong, and then 10/20 Period Mean Price crossed over, signalling to me that the dynamics has changed. The 10 Period Mean Price is able to be higher than the 20 Period Mean Price, telling me that there's a shift in peoples wallets.
Take a look at the 4H Time Frame, and it will be apparent that we are trading based on the Big Boys "The Market Remembers" level.
We could ride the coat tail of the big boys, helping them gather the wood they need and selling it to them for a premium.
Don't be like rice farmers. They sow, they slog, and get paid pennies while the rice buyers aka big boys get fed and fat. Rather the rice rots than to sell it to the big boys.
But we are not mere farmers, so, we get to bargain with the big boys.
I will be exiting if I see that the demand is not there and unable to get my higher prices, aka, I will be cutting my losses quickly, instead of letting my cows die in the farm. Grade AAA beef too expensive, nah? ok, I will sell it to at a lower price, dont go to the next door farm, please.(You better watch out, bruh).
But if price is able to rise, and our premium wag-yu is in high demand, we will sell it to the highest bidder and provide dough for our fam.
Gotcha fam.
1304SGT
18032024
Tata Investment for Swing/Positional Tata Investment Prediction for Swing/ Posional Trading
You can enter into trade above Entry 1 level (2740) daily close basis or after Entry 2 3015 . There is a resistance 2890-3015 level. May retest the 2598 level.
SLs- 2590,2450
Targets- 3015,3290,3350,3640,3800,4260,4700,5165,5621,6000,…
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
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About Tata Investment –
Tata Investment Corp. Ltd. is a non-banking financial company, which engages in the business of investment in companies including group companies. It also offers investing in long-term investments such as equity shares and equity-related securities. The company was founded on March 5, 1937 and is headquartered in Mumbai, India.
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Swingtrade ATD.toOver the past two years ATD.to has traded seven times in a range bound in the upper side by the 50ema+8% (confirmed by an RSI of 70) and on the lower side by <50ema (confirmed by RSI below 40). It is again approaching the lower side of the range. A buy entry to the swing trade...
I have been swingtrading 1/3 of my long position
GITLAB: Elliott Waves and Reversals potentialGreetings, fellow investors! In this technical analysis, we explore the Elliott Wave patterns shaping the landscape of GitLab (NASDAQ: GITLAB). As of the current evaluation, the stock is positioned at a critical juncture, poised for the completion of wave 4, with a nuanced focus on the unfolding wave ((c)).
Wave 4 Overview:
Having traversed through waves 1, 2, and 3, GitLab now stands on the verge of concluding wave 4. This corrective phase sees the completion of both wave ((a)) and ((b)), entering the final leg of wave ((c)). Within this intricate phase, wave (i), (ii), (iii), and (iv) have successfully played out, setting the stage for the imminent completion of wave (v) within ((c)).
Key Support Levels:
Equality Extension: After achieving the equality of wave ((a)), GitLab has approached the extremes, reaching 1.618% of wave ((a)) in wave ((c)).
EMA Confluence: Notably, the 55-56 zones present a significant confluence, housing both the EMA 50 on the weekly timeframe, along with the EMA 200 & 100 on the daily timeframe.
Internal Wave Counts: Further reinforcing this critical level, internal wave counts align, adding weight to the potential reversal zone.
Anticipated Reversal and Targets:
With the confluence of technical factors at the 55-56 zones, there's a compelling case for a bullish reversal. A reversal from this level could offer a promising swing buy trade, signaling a northward trajectory to complete wave 5. This anticipated wave 5 has the potential to surpass the high of wave 3, pegged at 78+ levels.
Invalidation and Risk Management:
To safeguard against potential downside risks, a close below 55 is established as the invalidation level. This serves as a prudent measure to reevaluate the analysis in case of unexpected market movements.
Wave 5 Insights:
Wave 5, known for its impulse and directional strength, often exhibits a final burst of buying or selling pressure. Traders should be vigilant for signs of divergence, volume spikes, or other confirmatory signals as wave 5 unfolds, enhancing decision-making precision.
Remember, the market is dynamic, and risk management is paramount. This analysis is not financial advice but aims to provide an educational perspective on GitLab's potential future movements.
Happy Learnings!
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
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RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
AUD/USD The Aussie rose for a seventh day, which is statistically quite rate. That stat alone suggests the bullish sequence is in need of a break, and the technical might just agree.
A wide bearish pinbar formed around the 100 and 200-day EMAs whilst RSI(2) was overbought. From here, bears could seek to fade into retracements within Thursday's pinbar and initially target 0.6500 - a break beneath which brings the lows around 0.6450 into focus.
Two potential swing trades for goldGold futures saw a false break of $2060 on Wednesday, before momentum turned lower and sent prices back beneath the weekly and monthly pivot points. Those pivots have since turned into resistance, before gold saw a trendline break.
As RSI (2) is oversold and prices have found support at the 10-dy EMA and daily S1 pivot, bulls could seek a near-term swing long trade with a stop below 2045 and a target back near the pivots.
At which point, we see the potential for another leg lower, so bears could seek evidence of a swing high and for a move back down to $2040, or the swing lows near the daily S pivot.
EURNZD I Bearish flag on weekly and potential continuationWelcome back! Let me know your thoughts in the comments!
** EURNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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USDJPY sell (swing trade)This trade is considered being more risky as it does not really follow my strategy.. I am just testing something to potentially improve my strategy.
It rejected off a resistance on the 4hr and Daily timeframe. So I enter this long term swing tade... might scale in and out along the way, but the core pos will be held for potentially days or even weeks.
EURUSD Bullish Trade SetupSL: 1.06500
ENTRY: 1.07626
TP: 1.0
After an initial bearish move price found support at the monthly demand zone and also respected the 1.05 quarter point & monthly trend line.
This ultimately formed a higher low and a continuation of the overall bullish trend.
Price then began a bullish move until it met resistance at a weekly supply zone and created a lower high.
A huge sell-off followed until it met and found support at the monthly trendline, support at the 1.075 quarter point & support at a weekly demand zone.
The sell-off also served as a retracement and price ultimately ended up respecting the 61.8 fib level.
The weekly candlestick also appears to potentially close as a bullish hammer.
I am expecting price to continue bullish and test the resistance of 1.0 major point/weekly supply zone.
WTI stalls around resistanceThe core bias remains for a move up to $77, but as price action during the current rally on the 1-hour chart is choppy and has stalled near resistance, we're looking for a dip lower to around $73.
Also note that the weekly and monthly pivot points are hovering above the 10/20-day EMAs, which adds conviction that an interim top may be about to form.
CDSL for Swing/Positional CDSL Prediction for Swing/ Posional Trading
First breakout at Entry 1 level and this entry 1 retested. You can entry now . There is a resistance 1545-1670 level. You can enter in trade at Entry 2 level above 1360 or above Entry 3 above 2045 close weekly basis or you can entry at any of the above levels according to your experience.
SLs- 1100,1050 ( according to your entry and RRR)
Targets- 1360,1545,1670,1695,2045,2340,2535,2590,3030,… .
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Can anyone tell me which chat patterns are shown up here?
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Request: Please support by Like, follow, comment, share and boost.
Happy trading.
About CDSL –
Central Depository Services (India) Ltd. engages in the provision of depository services. It operates through the following segments: Depository Services, Data Processing Services, and Others. The company was founded in February 1999 and is headquartered in Mumbai, India.
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