Look at that disparity, its ready to touch +4% That's 152 for this month
We witnessed a false breakout towards the ascending triangle on Marico. And a Double top on the 7th of Jan 2019.The ascending triangle continues to be intact confirming a strong bullish trend with targets of 360 and towards 400 However, if Price breaks below 324 . The Stock would consolidate towards 260. (Recommendation Buy at CMP with targets of 360 and 400 SL at 319)
A wonderful chart pattern as I learnt as a junior prop trader 12 years ago, this one is a big bang. Buy above the ascending trend line with a target of 20% *.*0900
3636 is a level on the XBT/USD and therefore, we look to sell below 3636, with 3575 once broken 3575 we will be heading towards 3400 and lower. Above 3636 analysis is invalid. (Prop trader here)
Key levels mentioned on the XBTUSD (To the right marked with Price) these are psychological supports and resistance, which is to buy above / sell below. Looking at the XBTUSD we do notice an inverse Head & Shoulders pattern with a descending neckline reduced towards 4080, Above 4100 price action would rise towards levels marked ahead. However, if Price remains...