GFH trade ideas
Rejection!!After a inside day candle stock pattern it broke to the upside but today it got rejected at 0.579 i was expecting more upside but bulls lost the steam. Strong support at 0.570 if it holds and takes a bounce from this level i will enter the trade for a target of 0.595 and 0.610 respectively.
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As per the plan If you are following my analysis i did mention it have made a inside day candle, to trade this one we have to wait for a breakout to either side and in todays session we saw a breakout to the upside and i think its good for a trade. First target at 0.580 second at 0.595.
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2 ScenariosI was expecting it to come much lower and take a bounce from the support area but in last session it have made a inside day candle. I can see 2 scenarios from here first is it may now come further down and start trending to the upside and second is it may come down further to test the support level and take a bounce to the upside and meet the first resistance at 0.595. As of now in a down trend.
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GFH Range?It have been in a range for a while now, today it made a perfect bounce from the support level but it made a doji candle. We are still not yet confirmed for the uptrend. I think if it opens with a gap up tomorrow more buyers will jump in pushing the price to the upside. As of now in a range but over all surely in a bull trend.
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GFHIf it makes a little big move to the upside massive buyers will buy this one as all it needs is a momentum and it will really to the upside very easily. A good news can help this stock go up and make new highs. Its now stuck in the range but breakout of this range will trigger good move. Bullish
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GFH Its at very good level, it just broke it resistance level and wast about to go further up but unfortunately its not trading as they didnt submit the reports that is required by the market. I am in this trade lets see how the report reacts once the release it. I m bullish on this one.
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Gfh Good buying opportunityGFH is holding at the support level if you are following me on insta i had mentioned about this and i have entered the trade at 0.570 as when you scale down to 15 mins chart i could see that 0.569 was clearly holding and buyers were accumulating in that area. I am in this trade and my first target is 0.587 i think market will push more up and will manage my trade accordingly.
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GFH What Happen??It played out as per the trade plan i didnt post this trade idea yesterday but i did upload my trade entry and exit on my insta. I took this trade and exited with profit today. It got heavy selling pressure and it could not close positive its back in the range. To cross this resistance zone it have to wait here and make price action to push the price upwards for now ranging.
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GFH More DownsideIt have broken the support level at which it was sitting, this level have been tested so many times and as i keep mentioning any support or resistance tested again and again becomes weaker. Same is the case here and it just could not hold it any further and broke it down. At this level if bulls are still interested they have to save this one or else it can come dropping down to next support area. Bearish for now
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GFH Buy opportunityI see a good opportunity in GFH, it have made a perfect hammer candle right at the support level and it looks good to take the trade now. It would not give a very big target as this stock is in a range but this is how you trade the ranges. Check my insta for entries and exit. IF you like my analysis hit like & follow
GFH back to the pavillion It could not push higher and it have made a candle stick pattern that is called dark cloud which says the current candle opens above previous days close and closed more thn half of the previous candle indicating immense selling pressure and very less buyers. It has almost reached the support level again and lets see if it takes a stop here or moves further down. If it makes a doji or a hammer candle it will be a good sign. Lets stalk this stock till ig gives us a sign :)
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