Technical Analysis: Accumulation with a rounded bottom and compression on the daily chart False bottom on the daily chart Tenkan and Kijun crossover on the weekly chart MACD crossover on the weekly chart Trendiness Additional Note: The issue with this trade is the very tight stop loss to meet the 1:1 risk-reward ratio. Let's hope it holds.
✅ TP1 Achieved! More Upside Expected! Trade caught using Risological Swing Trading Indicator. ? Long Trade Setup: Entry: ₹209.18 Stop-Loss: ₹204.42 ? Target Levels: TP1: ₹215.07 ✅ HIT TP2: ₹224.60 (Next in sight) TP3: ₹234.13 TP4: ₹240.02 Strong Q3 Results Fueling the Rally ? Ashok Leyland shares jumped 5.1% to ₹214.2 after the company posted better-than-expected quarterly profits. ? Key Highlights: ✅ Q3 Profit Surge: Net profit rose 31.3% to ₹7.62B, beating estimates of ₹6.66B. ✅ Strong Exports: Helped offset weaker domestic demand. ✅ Heavy Trading Volume: 16.5M+ shares traded, 2.5x the 30-day average. ✅ Analyst Sentiment: BUY rating from 36 analysts, with a ₹250 median price target (+18% potential). ✅ Stock Performance: Up 21.5% in 2024 so far. With bullish sentiment and solid earnings backing the move, the stock remains on track to hit TP2, TP3, and TP4! ? Do you think Ashok Leyland will break through ₹250 soon? Let’s discuss! ? Give me some energy!! ✨ We pour our heart and soul into uncovering potential opportunities and crafting ideas that truly matter to you. Your support fuels our passion and keeps us going! ? With gratitude, ProfitsNinja ✅ Thank you for being part of our journey! For more insights and ideas, show some love with a ❤️ Like ❤️ and ? Follow ?! ⚠️ Stay alert! Markets are dynamic and unpredictable. Even with the best signals, shifts can happen swiftly and powerfully. Stay prepared, stay ahead!
Entry price ,stoploss and Target already marked in the chart itself FYI. Guys pls like, share and follow my ideas . Thank You All
https://www.tradingview.com/x/Y4npE48y/ There are hundreds of different trading strategies based on fundamental and technical analysis. These strategies combine different tools and trading techniques. And even though, they are so different, they all have a very similar structure. In this educational article, we will discuss 4 important elements and components every GOLD, Forex trading strategy should have. What Do You Trade 1️⃣ The first component of a trading strategy is the list of the instruments that you trade. You should know in advance what assets should be in your watch list. https://www.tradingview.com/x/8hKdGQDu/ For example, if you are a forex trader, your strategy should define the currency pairs that you are trading among the dozens that are available. How Do You Trade 2️⃣ The second element of any trading strategy is the entry reasons. Entry reasons define the exact set of market conditions that you look for to execute the trade. For example, trading key levels with confirmation, you should wait for a test of a key level first and then look for some kind of confirmation like a formation of price action pattern before you open a trade. https://www.tradingview.com/x/UAnoM0nk/ Above, is the example how the same Gold XAUUSD chart can be perceived differently with different trading strategies. 3️⃣ The third component of a trading strategy is the position size of your trades. Your trading strategy should define in advance the rules for calculating the lot of size of your trades. https://www.tradingview.com/x/kWISKUYw/ For example, with my trading strategy, I risk 1% of my trading account per trade. When I am planning the trading position, I calculate a lot size accordingly. Position Management 4️⃣ The fourth element of any trading strategy is trade management rules. By trade management, I mean the exact conditions for closing the trade in a loss, taking the profit and trailing stop loss. Trade management defines your actions when the trading position becomes active. https://www.tradingview.com/x/TuvEfnSi/ Make sure that your trading strategy includes these 4 elements. Of course, your strategy might be more sophisticated and involve more components, but these 4 elements are the core, the foundation of any strategy. ❤️Please, support my work with like, thank you!❤️
NASDAQ:QQQ Analysis, Key Levels & Targets for Day Traders Feb 12 We’s been consolidating sideways here a bit and slightly up and if you look at the moving averages that’s the same. Slightly up and sideways. We have a red signal line on the day and we have 35EMA is above the 30min 200 that is bullish. resistance at 531 and ash’s at 533 in todays trading range. Bull gap underneath us with the support of the 30min 200 & the 50DMA CPI and Jerome Powell today so Trade carefully.
? Welcome to TradeCityPro! In this analysis, I want to examine the TWT coin for you. This coin is associated with Trust Wallet, which you are undoubtedly familiar with and have used. It's a very user-friendly wallet that even beginners can use easily. Currently, TWT has a market cap of $382 million and is ranked 142 on CoinMarketCap. ? Weekly Time Frame In the weekly timeframe, after the price reached the area of 2.7081, which was also the ATH, a corrective phase in the market began and continued down to 0.7072. ? During this period, we also had an ascending trendline accompanying the upward trend, which was broken. After a pullback to the trendline area at 1.6072, a price range box between 0.7072 and 1.6072 has formed, with several supports and resistances occurring at the box's floor and ceiling. ? The market volume has been decreasing since the pullback and is gradually declining, compressing the price further. A breakout above 1.6072 could potentially initiate an uptrend. If the box's support fails, there are two short-term supports at 0.5774 and 0.4761, though these are not very significant. The main support is at 0.2960. ⚡️ Moreover, the RSI in its chart has a support area at 38.44, which is also significant. A break of this area in conjunction with a break below 0.7072 in the chart could confirm the entry of significant bearish momentum. ? For spot buying, the trigger at 1.6072 is appropriate. If the price consolidates above this area, we can expect it to move towards the ATH and test this area again. ? As I mentioned, the ascending trendline has been broken and has been pulled back to, so if the trendline trigger at 0.270 activates and this support breaks, we can expect the price to move towards the trendline target of 0.2960. ? Final Thoughts This analysis reflects our opinions and is not financial advice. Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
GOLD is in an ascending channel between the trend lines. The price is moving from the upper boundary of the channel and is now holding under the resistance level. We expect the correction to continue. ------------------- Share your opinion in the comments and support the idea with a like. Thanks for your support!
SP:SPX Analysis, Key Levels & Targets for Day Traders Feb 12 We’s been consolidating sideways here a bit and slightly up and if you look at the moving averages that’s the same. Slightly up and sideways. We have a green signal line on the day though it's weak and more of a cautious looking for direction type of stance. 35EMA is above the 30min 200 even though it looks weak its still above and that is bullish. Downtrend above us here and then ash’s are at the top of the trading range. Bull gap underneath us with the support of the 50DMA CPI and Jerome Powell today so Trade carefully. I didn’t put a position on today from yesterdays power hour like I have been so I am depending on the intraday move to get in today.
When the XAUUSD daily chart is examined; It is observed that price movements continue below the resistance zone. As long as the Gold Ounce price cannot exceed the 2934 level, it is evaluated that the price movements below the 2907 level may break the 2805 level and retreat to the 2719 level.
We've been consolidating sideways here a bit and slightly up and if you look at the moving averages that’s the same. Slightly up and sideways. We have a green signal line on the day here. 35EMA is above the 30min 200 even though it looks weak its still above and that is bullish. Downtrend above us here and then ash’s are at the top of the trading range. Bull gap underneath us with the support of the 50DMA CPI and Jerome Powell today so Trade carefully.