Reasons- 1) Weekly and daily trend is up. 2) Buying pullback in a uptrend. 3) Stops just got hunted by institutions. 4) Small stop big reward possibility trade. KINDLY TRADE AT YOUR OWN RISK GOOD LUCK 👍📈
Reasons- 1) Weekly & Daily trend is bullish as per 200 ema & Ichimoku cloud. 2) Price continuously making higher highs and higher lows on daily. 3) Previous resistance acting as support shows the conviction of the market participants. 4) Bullish divergence on 15 minutes (rsi). 5) Liquidity/stop gunt took place on H1 timeframe signalling that institutions and...
Reasons- 1) Weekly & daily trend is up as per 200 ema and ichimoku cloud. 2) Inverse head & shoulders decisively changed the market structure from lower low to higher lows and highs. 3) On faster timeframes, price taking support on previous resistance actint as support showing conviction of the market participants. 4) Successful break & restest of trendline on...
Reasons- 1) Monthly, weekly & daily trend is up as per 200 ema and ichimoku cloud. 2) Decisive break of monthly upper trendline. 3) Higher highs and lows on the daily. 4) Previous resistance acting as support showing conviction of the market participants. 5) Small stop and bigger possible targets. Kindly trade at your own risk. Good Luck 😃
REASONS MENTIONED IN THE PIC ITSELF! KINDLY TRADE AT YOUR OWN RISK GOOD LUCK ^_^
Reasons- 1) Decisive bullish rejection from fibo golden ratio. 2) Hammer close at the support. 3) Previous resistance acting as support shows the conviction of the market participants. 4) Buying near the lower band of Bollinger puts more odds in our favour 5) Overall trend is up, we following the trend. Kindly trade at your own risk Good Luck ^_^
Reasons- 1) Recent downside breakout making the noob traders open short positions. 2) Bank likely to book profits there and creating huge demand. 3) Stop losses of the bears getting triggered will also fuel the rally. 4) Monthly support is far important than daily support. 5) Buying long near the lower Bollinger band itself brings more odds in our favour 6)...
Reasons- 1) Trading above 200 ema & Ichimoku cloud on weekly and daily. 2) Pullback/dips to the trendline. 3) Failed downside breakout of the H1. 4) Going with the trend and bears trapped. Kindly trade at your own risk. Good Luck ^_^
Reasons- 1) Trading above the 200 ema & Ichimoku cloud on the weekly & daily. 2) Selling came at the weekly resistance but all supply absorbed. 3) Bears trapped and likely to have their stop loss above the recent high. 4) We enter where the bears are having their stop loss so that we can have a small stop loss with high reward potential. 5) Going with the trend...
Reasons- 1) Trading below the 200 ema on weekly. 2) Rejection from the upper trendline of daily and weekly. 3) Formed "W" bearish harmonic pattern on the H4. 4) Noobie traders likely to go long as on the daily it seems to be an upside breakout+retest, not knowing we ready to steal their money :) 5) Bearish divergence on daily (rsi) 6) Good Reward:Risk Kindly...
CONFLUENCE OF WEEKLY HORIZONTAL AND TRENDLINE BASE SUPPORT. SIMPLE PRICE ACTION. REJECTIONS FROM H4 SUPPORT SIGNALLING BULL RECLAIMING~
REASONS- 1)FALSE DOWNSIDE BREAKOUT 2)DOJI CLOSE 3)INVERTED HAMMER CLOSE AT SUPPORT ON WEEKLY. 4) LIKELY TO A PROFIT BOOKING LEVEL FOR THE POSITIONAL BEARS. KINDLY TRADE AT YOUR OWN RISK. GOOD LUCK ^_^
False upside breakout above the resistance. Simple price action this time ^_^ Kindly trade at your own risk. Good Luck
Reasons- 1) PSU (lol) 2) Weekly trend is down. 3) Rejection from historic resistance. 4) Noob traders buy cheap stocks not knowing it's a falling knife. 5) Small stop with bigger profit targets. Kindly trade at your own risk. Good Luck ^_^
MARKET STRUCTURE FOR YOU GUYS! HOPE IT MAY HELP YOU, ONLY FOR EDUCATIONAL PURPOSES!
Reasons- 1) Rejection from the lower trendline. 2) Bears are expected to book profits here and bulls are expected to open new long positions here. 3) Stop hunting has been witnessed on the H4 and H1 timeframe. 4) Double bottom chart pattern. 5) Good RRR 6) Slope of shorter period exponential moving averages have changed the course from downward sloping to...
REASONS- 1) Daily & weekly trend down as per 200 ema and ichimoku. 2) Upper trendline likely to act as resistance and many traders will book profits there and many will open short positions there. 3) Many newbies are likely to enter after seeing a upside breakout hence fueling the sell orders when they get stopped out. 4) We could have entered on the horizontal...
REASONS- 1) Daily trend down as per ichimoku. 2) Inverted hammer candle close at the cloud. 3) Recent trendline support break and retest on the H4. 4) For short term, long unwinding of the bulls may bring profits to the bears. 5) Price below cloud on H4. NOTE- Price has been making higher highs and higher lows on the daily, so kindly stay alert. Weekly trend...