AMIT-RAJAN

AMIT-RAJAN Updated 

Hi mates, Sharing weekly chart of Boeing it seems it get set to fly high after giving a fresh weekly breakout on a hazardous horizontal resistance and from a parallel channel too after a long consolidation in it, shared an old breakout too that how after making double bottom on weekly chart and how it will reach to that parallel channel. So now my idea is to go...

AMIT-RAJAN Updated 

Hi mates, Sharing daily time frame chart of DXY as it is looking that price bounced and trying to reverse from a long support and closed above resistance which earlier was a good support for it so i am planning to go long in it as a reversal trade here R:R seems very attractive to me, This analysis is completely based on price action nothing else i used in this....

AMIT-RAJAN

Hi mates, As there is a saying in TA that charts are self explanatory, so i feel after seeing this chart that it has no need a long description. So as you can see price breached a horizontal and rising support too and currently price is trading below from that supports and now reaching to a flip zone (44700-44500) which seems a good support too earlier price...

AMIT-RAJAN Updated 

Hi mates, sharing my views for trading on PayPal on daily chart so as we can see there is a resistance i marked at 69.50 levels so despite of getting initial buying signals i would love to wait for a breakout of that resistance on the daily candle above closing basis, a pullback towards support also can happen so sharing that view on provided chart too. Kindly...

AMIT-RAJAN Updated 

Hi mates, Sharing daily chart of JP Morgan as we can see price is looking in uptrend (higher highs and higher lows) and now breaking a horizontal resistance it seems a triangle breakout in it so i am planning to go long in targets shared on chart all targets are resistance based. A breakout retest strategy i am keeping in mind too for this execution which is near...

AMIT-RAJAN Updated 

Hi mates, sharing daily chart of Dow jones as we saw too many upheavals after January 2022 after hitting a all time high of near 37000 levels and came down near to 29000 levels and try to rebound from September 2022 from near about 29000 levels it was a cut of almost 20% from top to that low and after did a sharp nonstop rally again to 34600 levels and took a...

AMIT-RAJAN Updated 

Hi friends sharing weekly Chart of Nasdaq 100 as we can see according to this provided chart that after a breakout of horizontal trendline it is trading above that resistance with bullish RSI divergences with lower highs so i find out some price action based ideas sharing below. Idea 1- it will take a resistance near about 14880 levels and came down for a...

AMIT-RAJAN

Hi mates here I want to share some key insight about Reversion To The Mean so let's start quickly noted some points sharing below-: So what theory says is that Reversion to mean in finance means that estimate in which the price of the time is above its average range then there is a possibility of it's price being reduced in the future And if it remains below the...

AMIT-RAJAN

Hi mates, Sharing daily chart of FTSE 100 index as we can see that it gives a breakout earlier on falling wedge pattern and after that breakout it gives a fresh breakout above on a horizontal resistance too and now trading and sustaining above on that horizontal resistance and retested that breakout too so i am considering that this momentum will continue in it,...

AMIT-RAJAN Updated 

Hi mates, Sharing two hour time frame chart of Nvidia corporation as we can see on this provided chart that after hitting all time high of 480 levels now on last session it reached to 441 levels so it is almost a correction of 8-9% from there and now price it is looking that trading on a very crucial spot adjoined a rising support and horizontal support too and a...

AMIT-RAJAN Updated 

Hi mates, sharing daily time frame chart of Tech Giant AMD as we can see on this provide chart that breakout happened in it by a gap up looking that gap is filled with a successful breakout retest too so I am sharing mine simple trade plans for it below. Plan 1- So as we know after seeing this chart that it very good and price is clearly looking in uptrend now...

AMIT-RAJAN Updated 

Hi guys sharing daily chart of Us dollar for support and resistance levels for how we can identify that and how it could react if it will reach to mentioned levels of support and resistance, for the executions of coming possible trades in it, I will act accordingly by the mentioned levels on this provided chart. Each and everything explained on chart according...

AMIT-RAJAN Updated 

Euro it is looking doing some cool down after a bullish run it might go to touch and bounce from horizontal support or can break horizontal support can touch the rising support trendline too. Divergences are bearish check in your setups and please give your valuable feedbacks for my betterment. thanks in advance. KINDLY NOTE-: This is not and trade or...

AMIT-RAJAN Updated 

Hi mates sharing Nvidia chart, as we can see on this provided chart that price gives an ascending triangle pattern breakout and very well sustaining above so we can assume that is a triangle breakout and can go long in it, current setup is looking good by the risk to reward ratio as the triangle resistance will act as a good support on closing basis potential...

AMIT-RAJAN Updated 

Hi mates, Planning a directional trade in BTC so did some work on support and resistance on this daily chart sharing mine ideas below. Idea one- will take a trade if it will reach to support and will get a bounce from there target would be resistance follow up levels if that will not break, can take a second trade again after when resistance zone will breach for...

AMIT-RAJAN Updated 

Hi mates, sharing weekly chart of meta so as we can see price is trading in a rising channel and now gives a breakout close above a strong resistance so i am expecting that this uptrend will continue till to the next weekly supply zones into this channel. KINDLY NOTE-: This is not and trade or investment advice. This idea is meant for learning only. Regards-: Amit

AMIT-RAJAN Updated 

Lucid seems good after breaking falling trendline resistance can touch 9.15 after this breakout as a potential target one, and if breach this target we can see the next levels mentioned on chart in coming sessions as target two, a gap is visible on provided chart also can be filled during this process after target 1. what are your views on it please share in...

AMIT-RAJAN

Hi mates, Sharing daily chart of Starbucks and by the observation of trend it is looking week on this time frame so if it will break support zone 1 and close below can go and test next supports below mentioned on chart. This is not and trade or investment advice. This idea is meant for learning. Best Regards-: Amit