Test
test widget dashboardtesting building a widget dashboard. I want to build a dashboard with many charts and am trying to figure out how to embed them in a local file. It keeps making me write more information before I publish, so I'm just going to ramble. Buy low and sell high, but if you're high stay high.
Dr Lal Pathlabs Ltd can it double in one year?Dr Lal Pathlabs one of the largest players of healthcare industry in India has a beaten down stock price currently. It is approximately 53.29% down from it's lifetime high. There is not a single reason for such stock price. The company is posting good results and is consistently showing profits. But the stock is highly undervalued. It is a good time to buy it as the current levels make it a precious deal to make.
Hope you like my analysis.
Please do your own study before investing.
Do like and follow and share among your family and friends.
Thank you.
follow-up of a descending triangle formation on an index In NSE:BANKNIFTY there is failure of descending triangle pattern. When a descending triangle fails, it often leads to a sudden reversal or consolidation rather than a continuation of the prior downtrend. This reversal could result in a period of sideways movement or even a bullish breakout if buying pressure persists. A sustained rally above the upper trendline of the triangle could indicate a shift in momentum and potential bullish continuation.
On the other hand, if the index fails to maintain upward momentum and returns to test the lower boundary of the triangle, it might indicate renewed selling pressure and a potential breakdown.
Traders should always employ proper risk management techniques, such as setting stop-loss orders, to mitigate losses in case of pattern failures or unexpected market movements.
I Think the General Principles Work
These are the principles I have gained due to the reading materials.
1. Wait for Extreme Premium/Discount
2. Wait for Price to Exhaust Pressure
3. Wait for Any Chart Patterns Indicating Reversal
4. Wait for Trendline Break with Momentum
5. Wait for HARSI/WAE Above Explosion Line + Reversal Engulfing Candle Close
6. Entry on Trendline or Pivot Re-Test.
NO DISCOUNT/PREMIUM, NO PRESSURE, NO RE-TEST, NO ENTRY.
Cosmos(ATOM): Breakout + Re-TestWe're observing a significant development on the ATOM/USDT pair, as we've witnessed a robust breakout from the descending trendline that was previously restraining the bullish momentum. We see that this breakout could lead to a potential retest of the trendline, which, if successful, would confirm the shift to a bullish trend. Currently, our focus is on the $9.7 level.
Cardano(ADA): Weekly Up By 28% 😮 / Will We Drop Now? Cardano (ADA) is experiencing a significant breakout on the weekly chart, as the recent candle has surged past both the descending channel resistance and the key horizontal zones. This impulsive move indicates a potential change in trend, suggesting that buyers are regaining control.
But what caught our attention is that the RSI has spiked into overbought territory. If the ADA sustains this momentum and closes the week above these crucial levels, it could signal the start of a more substantial rally. However, given the overbought conditions, we should be vigilant for any signs of a pullback or consolidation before the continuation of the uptrend. The next thing that is most likely to come is a re-test of that same broken trend, so eyes open!
MASK/USDT: Re-Test Might Fail and Show Further Dump! We've been tracking the MASK coin closely and have noticed some interesting movements. The coin attempted a breakout which didn't hold, leading to a sharp decline towards a re-test zone. If this re-test fails to push through, we're likely to witness a further slide into the lower price regions, with the 200 EMA as our primary target. This area will be crucial to watch, as a solid close below could intensify the bearish trend.
We're on the lookout for potential short opportunities upon confirmation of these bearish signals."
We are Bearish all the WayHey Guys!
So today i decided to test a publishing a video idea. lol
It feels great.
The video is a quick interpretation of what we have already stated on the EURUSD analysis.
PS: Apologies for the sound quality. It was just a test and I created it in a pretty noisy environment.
Feel free to drop your comments and boosts.And if you have a different persepctive on this pair, do well to share and we will be glad to learn together.
Sun Pharma has broken out of a Descending Rectangle pattern
RECTANGLE PATTERN -
Sun Pharma has just broken out a descending rectangle pattern on the daily chart which had been forming since the beginning of the year
SUPPORT-RESISTANCE LINE -
After breaking out it has also tested the previous strong resistance trend line twice making it a strong support line now
SIMPLE MOVING AVERAGE -
It has also shown reversal confirmation from 50D, 100D & 200D SMA on daily chart which further strengthens the conviction of upside move
VOLUME -
It has also shown higher than average volume surge on the previous day
EXIT LEVELS -
TP - 1095.15
SL - 964.85
ALL THESE ABOVE POINTS INDICATE THAT SUN PHARMA IS POISED FOR NICE UPWARD MOVE
Ways to improve your chart reading Part 2 – Multiple timeframesThe bigger the timeframe is, the bigger the move it may produce. Therefore, it can be good practice to define the direction of the price and your trading based on where and how things develop on higher timeframes.
Another reason to use timeframes with bigger resolutions for the confirmation of your decisions is that a trade setup on one particular timeframe is isolated from a bigger move and may appear while that move is at the end of its correction. For example, it might be that a higher timeframe shows a lot of supply (selling) in the background while lower timeframes show the presence of demand (buying). Usually, in these situations an up move will not continue for a long time and may eventually reverse, locking the trader into a bad position.
The 1-hour chart in the picture shows the US dollar/Japanese Yen FOREX currency pair. (FXCM:USDJPY). Wide range bars appear at 15:00 on March 7th, at 15:00 on March 8th and at 02:00 on March 10th, UTC time. According to the VSA methodology, the volume on those bars and their closing prices indicate the presence of supply (weakness).
At the same time, the price goes up for some time after each of these three bars. As a result, many traders who are using the 1, 3 and 5-minute charts, where the trend is up, open long intraday positions. With serious weakness in the background as seen in the picture above - when the smart money is selling - the price will usually not go up far and turns down very quickly producing a significant move. This gives the trader the chance to make a nice profit on small timeframes. An example of this kind of opportunity might be seen when an up bar on the 1-minute chart gets closed with low volume at 14:22 on March 10.
As in our chart example where it has taken almost 3 days to provide a good setup to the short side, very often it may take time for the trade pre-conditions to develop on different timeframes. An ability to wait until a setup on a lower timeframe is aligned with the strength and weakness of the bigger moves is another good habit to develop. In many cases using a multi-timeframe environment, as well as being patient, helps a trader to avoid losses and improve their profit.
testBased on the chart you provided, it appears that SAND/USDT is currently in a downtrend, with a clear bearish pattern. The price has been declining steadily since late February 2022, and there is no sign of a trend reversal at the moment. The 20-day moving average is also below the 50-day moving average, indicating that the short-term trend is bearish.
Gold 1900 test is coming this weekOn the HTF gold is quite overextended and either a retracement or a full reversal need to occur at some point, so i've patiently wait for a short setup to show, and i think i've found it.
starting from left we see a bullish flag that even if broken didnt show much bullish strenght, instead evolved into ascending channel, which now seems about to break, we have once again reached the bottom of the channel but now instead of bouncing we are forming a bearish continuation pattern ( triangle or flag),
i shorted friday and i think next week we will go and test 1900 , and after that i will evaluate the situation again.
what do you think?
selby_exchange - BTCUSD - 1hr - Selby Bitcoin Fibonacci TestSelby Bitcoin Fibonacci Test for BTCUSD Bitcoin
BTCUSD - Inverse Perpetual Futures Price - 1Hour - PHEMEX - Heikin Ashi
January 2023
"Fib Test"
Custom Fibonacci Retracement Levels
Support of 0.666 and 1.333 is Long Entry
Rejection of 1.111 and 1.931 is Short Entry
Bull Market Continuation is Support of 3.666
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
selby_exchange - BTCUSD - 4Day - Selby Bitcoin Fibonacci TestSelby Bitcoin Fibonacci Test for BTCUSD Bitcoin
BTCUSD - Spot Price - 4Day - COINBASE- Heikin Ashi
January 2023
"Fib Test"
Custom Fibonacci Retracement Levels
Support of 1.333 or Above is Long Entry
Rejection of 1.111 or Below is Short Entry
Bull Market Continuation is Support of 3.666
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
selby_exchange - BTCUSD - 4Hour - Selby Bitcoin Fibonacci TestSelby Bitcoin Fibonacci Test for BTCUSD Bitcoin
BTCUSD - Spot Price - 4Hour - COINBASE- Heikin Ashi
January 2023
"Fib Test"
Custom Fibonacci Retracement Levels
Support of 1.333 or Above is Long Entry
Rejection of 1.111 or Below is Short Entry
Bull Market Continuation is Support of 3.666
Selby finding creative patterns in charts on Tradingview
Not advice for investing, but I am one to watch
Rebellion=Change=Future
Microstructural phenomenons: pre-testOn the chart, Oct '94 is a pre-test of 92.26
I'm not sure it's a good example here, but it'll suffice to explain this easy concept.
Again, it's not the system's behavior principle, the reason of this microstructural phenomenon is all of us.
Forgot to mention before...
There's no such thing as, "A new wave started after "almost" hitting a level". NO. In 100% cases, a level should always be touched. because cheap/expansive is always 1 tick past the level, the main responsive activity will be concentrated after the level, never before.
However, some of us sometimes gets a lil heavy handed in scaling in/scaling out of the previously acquired position. That's why prices start to react (sometimes quite strong) in front of the level.
The main things to learn from here:
1) Pre-tests are not the systemic events, if you're responding at a level / a lil deeper past the level, nothing had changed for you at this points;
2) If you started to scale in before the level and got caught in a pre-test, just simply close your position with whatever revenue this pre-test offers a lil bit later and start scaling in again like nothing happened;
Caution: pre-tests are also a part of the recorded market activity as everything else, during which the things may change or may not change. Pre-tests should be taken out of the context and be processed as independent entities.