#Nifty50 99% working trading plan Gap up open 22608 above & 15m hold after positive trade target 22708, 22870 Gap up open 22608 below 15 m not break upside after nigetive trade target 22428,22370 Gap down open 22428 above 15m hold after positive trade target 22608, 22708+ Gap down open 22428 below 15 m not break upside after nigetive trade target 22370, 22270 ?big gapup open 22710 above hold 1st positive trade view & 22710 below nigetive view ?big Gapdawon opening 22370 below nigetive trade view, 22370 above positive trade view ?For education purpose I'm not responsible your trade More education following me
NASDAQ:APP I wouldn’t go long on this stock. It’s currently within the volume gap and up against major resistance. Many other stocks have charts that look more promising than this one. It’s a hard pass for me.
Will the $520 Million Short Position of the Whale Be Profitable Tomorrow? Given the current developments in Bitcoin (BTC), it appears that the market is in a corrective phase, with BTC showing signs of a potential rally. However, as of yesterday, BTC displayed a weak signal to return to the $87,000 level, making this scenario less likely. Based on the analysis of the 4-hour chart (H4), BTC is expected to retrace towards the $75,000 region before possibly considering a move upwards towards higher levels. The H4 plan is mapped out as shown below. If this plan unfolds as expected, the whale's short position, amounting to $520 million in volume, will likely be in profit from tomorrow onward. The entry point for this short position was at $83,500, with the liquidation level set at $85,565. If the price doesn’t reach the liquidation point before declining, this whale is poised to make a substantial profit.
TEXRAIL: Elliott Wave Analysis - Weekly Chart Source: LiveTradingBox | Chart Date: March 18, 2023 Overview Texmaco Rail & Engineering Ltd. (TEXRAIL) rallied from 60 INR (early 2023) to 280 INR (mid-2024), a 366% gain , but has corrected to 124.27 INR. Using Elliott Wave and Fibonacci, this analysis projects the next moves. Elliott Wave Outlook Wave (A) : Decline from 280 INR to 124 INR (complete). Wave (B) : Counter-trend rally expected to 162–173 INR ("First Wave C completion zone"). Wave (C) : Final decline projected to 120–128 INR ("Correction Wave C completion zone"). Key Levels Resistance : 162–173 INR (Wave (B) target). Support : 120–128 INR (Wave (C) target); 100.74 INR (stop loss on weekly close). Fibonacci : 162–173 INR aligns with 23.6%–38.2% retracement of Wave (A); 120–128 INR matches 113%–127% extension. Price Action & Volume Stock consolidating near 124 INR with smaller candlesticks, indicating indecision. Volume decreasing, suggesting a potential reversal or continuation. Trading Strategy Bullish (Wave (B)): Buy on confirmation above 128 INR. Target: 162–173 INR . Stop Loss: Below 100.74 INR (weekly close). R:R ≈ 1.63:1 . Bearish (Wave (C)): Short below 120 INR. Target: 100.74 INR . Stop: Above 128 INR. Conclusion TEXRAIL is in a corrective ABC pattern. Expect a Wave (B) rally to 162–173 INR , followed by a Wave (C) decline to 120–128 INR . A weekly close below 100.74 INR turns the outlook bearish. Monitor price action and manage risk. Disclaimer : For educational purposes only. Trading involves risks; do your own research.
NYSE:HIMS I still think it could revisit that trendline. It is not even close to oversold. $24 is possible. ?
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 900/61.80% Chart time frame: C A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: C A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.
The BTC/USDT 4-hour chart suggests a descending channel pattern, indicating a possible continuation of the bearish trend until a breakout occurs. Descending Channel: Price activity remains within a downward-sloping channel, with lower highs and lower lows. The upper trendline acts as resistance, while the lower trendline provides dynamic support. Resistance: Near $85,000 to $87,500, aligned with the upper trendline. Support: Around $78,424, the lower limit extending to $72,000 if a breakdown occurs. (Red Arrow): If BTC fails to break the resistance, it could drop towards $78,424 and possibly lower. (Blue Arrow): A breakout above the descending channel (~$87,500) could trigger a bullish run towards $90,000+. If you found this analysis helpful, hit the Like button and share your thoughts or questions in the comments below. Your feedback matters! Thanks for your support! DYOR. NFA
Market Overview: ETH/USD is in a downtrend, forming a descending channel. Price is currently trading around $1,915.23, showing signs of consolidation near resistance. Technical Analysis: Trend: Bearish Resistance Level: $2,028.43 Support Level: $1,760 Target: $1,555.96 Pattern: Descending Channel Trade Idea (Short Setup): ? Sell Zone: Around $2,028.43 (Resistance) ✅ Target: $1,555.96 (-22.50%) ⛔ Invalidation: A breakout above $2,028 Conclusion: Ethereum is respecting the downward channel structure. A rejection from resistance at $2,028 could confirm further downside. Traders may consider short positions targeting $1,555.96, provided the trend remains bearish. ? Bearish bias remains intact unless price breaks above resistance.
This chart illustrates the current Bitcoin pattern, with my 'April flash crash thesis.' I believe we will see another thrust lower into the green box ranges before a spring into the fifth wave. However, the fifth wave will be a "false breakout," as a flash crash in mid to late April is likely to occur, intentionally designed to sweep liquidity by liquidating overleveraged positions and triggering stop losses—driving price past the previous low set in the green box, only for the market to recover shortly thereafter and continue its breakout to the upside. This breakout will likely push beyond the pattern, taking out the all-time high, and setting a new high somewhere in the 20K to 25K range. There could be some opportunities in the next 4 to 6 weeks, but with opportunity comes risk. Always use a proper risk management strategy suited to your skill level and wallet size. Good luck, and always use a stop loss!
Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 132/161.80% Chart time frame: D A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress: B A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If want to prefer long term range trading, you can set the time frame to 1 hr or 1 day.