We anticipate a short term bullish move following the directional movement and correctional move completion, before our impulsive bearish move sets in. Wave analysis coupled with pure price action and trend analysis were put into play here too...what do you think? share your ideas in the comment and boost
BNF form Hammer Candle High 48781 ( once Cross we can long position) support/ low 48074 Expected level 49700 / 49800
So breaking yellow line invites more flow down, ideally pattern drawn what cam happpen!!!
Flat or slightly gap down opening expected in nifty. After opening if nifty gives reversal from 23150 level then possible downside movement upto 23000 level in today's session. Further upside rally only expected if nifty starts trading and sustain above the 23200 level in today's session.
Because look at the holdings they made throughout the days and what are we buying!? Anyways here is the stances of what can happen?
Today will be gap down opening expected in banknifty. After opening if it's sustain above 48550 level then upside movement expected upto 48950 level. At this level banknifty will fail resistance and chances of reversal from this level. Strong upside rally expected if banknifty starts trading and sustain above 49050 level. Major downside only expected if banknifty gives break of 48450 level.
Okay so FARTS are funny unless you smell someones but here are two scenarios, red and grey. red if falls you long till top, or if you 35% on the greys to top that can too!
? ? Buy Plan (Continuation Trade) - High Confidence (80%) ? Entry 1 (Breakout Confirmation): Above 156.60 (aggressive) ? Entry 2 (Pullback Buy): 156.00 - 155.50 retest (safe/conservative) ? Stop-Loss: 155.30 (Below last OB, safe zone) ? Take-Profit Targets: TP1: 157.00 (liquidity grab area) TP2: 157.80 - 158.00 (final target, resistance zone) ? R:R: Minimum 1:3, up to 1:5 if TP2 hits ? Confirmations Required: ✅ Liquidity grab at 155.50 demand zone ✅ Bullish engulfing / momentum candle on H1/H4 ✅ Break & Retest of 156.60 ? ? ALTERNATE Sell Plan (Reversal Setup) - Medium Confidence (65%) ? Entry: Below 155.50 break & retest ? Stop-Loss: 156.20 (Above last lower high) ? Take-Profit Targets: TP1: 154.80 (minor liquidity level) TP2: 154.00 (main demand zone, strong support) ? R:R: 1:3 minimum ? Confirmations Required: ✅ Bearish engulfing rejection from 156.80 - 157.00 ✅ Break of 155.50 with strong bearish momentum 4️⃣ Final Thoughts (What I Would Do Personally) ? Primary Focus: BUY Trade is the best play, targeting 157.00 & 157.80+ ? Why? Bullish structure intact Demand zone at 155.50 - 156.00 aligns with liquidity & order blocks Strong bullish push shows smart money interest ? Plan: I will look for a pullback into 156.00 - 155.50 for a safe buy entry, OR take a breakout buy above 156.60 with strong momentum confirmation. ✅ Confidence: 80% for buy, 65% for sell ? Execute like a sniper, not a machine gun! Confirm levels, check order flow, and let the market come to you.
Give it half a year for technicals to come back to earth and it should well be on its way. This should start moving in the summertime. It did a round trip and as you can see, lots of support down here. Let it organize its finance while spot Lithium price starts its uptrend.
? ? ? Breakout Potential: FUBO is showing signs of a potential bullish reversal from a descending wedge. ? Key Levels: Entry: $3.62 ✅ Stop Loss (SL): $3.34 ?️ Target 1 (T1): $3.96 ? Target 2 (T2): $4.30 ? ? Volume Confirmation: Watch for increasing buying pressure to confirm the breakout. ? Opportunity: A strong long setup with favorable risk-reward and potential for upside movement. ? #FUBO #StockTrading #TradingView #LongTrade #BullishSetup #StockMarket #TechnicalAnalysis #ChartPatterns #MomentumTrading #SwingTrading #RiskManagement #ProfitableTrading #TrendReversal