devgupta200204

devgupta200204

Price showing momentum Good location for a Pilot Position Need another base near ATH to make Full Position Caution: Overall market conditions are highly volatile which can impact the trade idea

devgupta200204

Price showing momentum Volume Dry-up Creating a base near ATH Came out of Stage 1 and currently in Stage 2 Caution: Overall market conditions are highly volatile which can impact the trade idea

devgupta200204

Price showing momentum Creating a base near ATH Base over base formation Caution: Overall market conditions are highly volatile which can impact the trade idea

devgupta200204

Price showing momentum Volume Dry-up Creating a base near ATH Caution: Overall market conditions are highly volatile which can impact the trade idea

devgupta200204

Price showing momentum Volume Dry-up Creating a base near ATH Caution: Overall market conditions are highly volatile which can impact the trade idea.

devgupta200204

Base Over Base 20 EMA is following price, thus, showing momentum Price has room to move

devgupta200204

Base Over Base 20 EMA is following price, thus, showing momentum Price has room to move

devgupta200204

Basing near ATH Price supported by 20 EMA Broke out of 3 years long range Price is supported by strong fundamentals

devgupta200204

Price in an uptrend structure. Price is creating a nice contraction over 20 EMA. Price has been accumulating in a range from past few years and now it is ready to breakout of it. It seems ready to break out of the previous ATH. Volume is also drying up.

devgupta200204

Price is currently in Stage 2 and forming a base near ATH. Price is being followed by 20 EMA. Thus, showing momentum. Need a contraction near highs at a smaller TF to execute an entry.

devgupta200204

Stage analysis of YUKEN Price action during different stages

devgupta200204

Price came out of stage 1, creating a nice base on daily TF. Price is being followed by 20 EMA. Volume activity is also stable.

devgupta200204

Price is currently in stage 1, ready to enter stage 2. Price is contracting nicely on Daily TF, near previous swing highs. Volume dry-up on daily TF. There is some overhead supply that must be considered before making any entries.

devgupta200204

Price came out of Stage 1 and entered Stage 2. Price has completed its pullback to 20 EMA and is now ready to break its previously created ATH. Volume has also dried-up.

devgupta200204

Price broke out of 14-year-old base Created a nice daily TF base near the previous ATH It created a wicked candle on the last trading day, therefore entries should be very precise and only after confirmation on smaller TF. Weekly TF trend is also looking good, the price is being followed by 20 EMA.

devgupta200204

Price is making a nice base on daily TF Base over Base structure Weekly up-trending structure followed by 20 EMA. Needs a contraction on smaller TF to execute an entry

devgupta200204

Price is contracting nicely near its swing highs. Price is currently in Stage 1. Some areas of liquidation are to be looked out for before initializing a position.

devgupta200204

Price is currently in stage 2. It is creating a nice base near ATH. Volume dry-up. EMAs on Weekly TF is trending.