For my first trade of the year, I will take a stab at ASML. The share has failed to break through an established resistance (red line), and MACD and price action suggest a bearish move. My profit target is 608, close to the next support I identified (green line). My stop will be just over the resistance line, resulting in a 2R target for this trade. Happy New Year, fellow traders! Let's go!
We get rejection Trades at these levels. These are highly dependable levels for rejection when approached first (Virgin). Look out for reversal candlestick patterns like Morning or Evening Star, etc. Simple things work BEST in market! Rest of the Gyan can be built around it ;) It works for Index, Stocks & even with wild animals like NIFTY now! It was BNF earlier, Hope you have realized by now :)
IFGL REFACTORIES looking good at 470 and stock has fallen 50% from highs due to results and now CAPEX is planned for 300cr.. ???? ???????????? ??? announced the incorporation of a new joint venture company, ????−??????? ???????????? ???????.. This JV, with Marvels International Group Co Ltd & Marvel Refractories (Anshan) Company Limited, will set up a greenfield facility in India..
In my previous analysis, I highlighted the potential for bearish continuation, targeting the sell-side liquidity (SSL) below. As anticipated, the price respected the retracement into the Daily FVG and Fibonacci zones, sweeping liquidity by taking out the highs. This reaction confirmed bearish intent. On the lower timeframes, a clear entry opportunity emerged, and the pair has since moved lower, heading toward the anticipated SSL target. The bearish structure remains intact, with the next key area of interest around the liquidity pool below. This setup took a week to deliver an entry, but the rewards were definitely worth the wait! This goes to show that patience is essential in trading—there’s absolutely no need to trade every day to succeed. Trade safe!
Repeating cycle in amd. Low friday. Going up from monday 6
ETH- Waiting for a big present! -Month Timframe Cup n Handle pattern on a big consolidation range with less supply volumes at the end of this period. -ABCD pattern. -Forming Inversed Head n Shoulder pattern. Waiting for a shakeout and this scenerio will be a present for us to load.
Everything is on the chart Wait for it getting back to 92,251 or 92.000, Open a Buy there and take profit @ 127.2% Fib Level Goodluck
NSE:PARADEEP relative strength, chart pattern - wedge breakout TGT: 121 SL: 110
Dear Traders, according my last analysis , BTC price going to finish Wave 4 , and wave 5 will be start Soon , Possible reversal LeveL 1: 87000-89000 Possible Reversal Level 2 : 84000-85000 Fix &Lock below 84000 -- -Scenario will be change , "If you enjoyed this forecast, please show your support with a like and comment. Your feedback is what drives me to keep creating valuable content." Regards, Alireza!
Escorts has been forming series of Higher Highs and Highs lows indicates strong uptrend. The higher low has since last 4-5 years has bottomed out the 20 Monthly EMA. The stock has consistently found support at the moving average and bottomed out near the same. Currently stock is placed near the same juncture, going ahead if support holds well like in the past, stock could end its corrective phase and resume its prior uptrend.