GODREJAGRO RETEST DONEThe stock has retested the levels after breakout.
However, there is some supply, and it can absorb it in the near future to thrive.
Retested
BPCL BOStock gave a long consolidation breakout & retest is done multiple times.
However, these commodity-dependent stocks don't always move as we expect them to, so be aware.
BITCOIN Poised & Ready To Boil (Heads 'N' Shoulders)
This one for BTC USD is on the 2,3,4 hour timeframes. Price has retested & is ready to bust to the long-side. Good luck.
ORIENTAL HOTELS :RETESTNSE:ORIENTHOT had already given breakout and now it is Retesting to the Trendline. The Fibonacci is providing Upside Targets. Stop Loss for the same is given.
MFSL STOCK IS GIVING BREAKOUT 15% MOVE TO UPSIDE EXPECTEDIMPORTANT !!
MFSL has broken a triangle and retested
1. long trendline
2. high volume
3. retested its levels
NSE:MFSL
KOTAK MAHINDRA BANK as on 23.08.2021CORRECTION DONE!!
CANDLE RTESTED PERFECTLY!!
Hammer candle formed today!!
A Good call!!
Going according to my analysis!!
VISIT PROFILE FOR FURTHER ANALYSIS!!🔥❤️
(ONLY FOR STUDY PURPOSE)
1st Target 0.66173 2nd Target 0.65103 Target Entry Price 0.68080Enter at Retest: Target Entry Price 0.68080
Exit: 1st Target, Take Profit 0.66173
Exit: 2nd Target, Take Profit 0.65103
Exit: Stop Loss Above The Breakout Candle, 0.68829
Trade Idea: Channel Break
BITCOIN: BTCUSD Inverse Head+Shoulders' Necline being RetestedBitcoin Updates Bitfinex
Bitcoin finally broke higher at the highly inconvenient time of 01:55 Bst 20:55Est.
For those lucky enough to be around for it this triggered a long from " the break above 6500 for a scalp to 6616.
If volume stays low look to close down a little below here .
The 6616 line is the neck-line of the still smouldering IHS.
Any break above here on rising volumes can be followed long again with stops under 6600 looking for 6892 initially, then 7144 and 7400 in 3 potential long trades or stages."
Well the volume shot up and the high on Bitfinex and Coinbase and a few others was 6899. No stops were hit on the way up.
Between 300 and 390 points of profit so far.
It's been a long wait for a decent break.
Just hope US players managed to get on it even if Europeans got left behind on this one.
Since the high it's fallen back to the first line of support at 6630 after spiking below it to 6600 and is trying to build a base from here after a spike lower and a second retest of the support line precisely.
Ideally for the bull case to hold good (and the IHS too) it should come back one more time, coming close to the 6630 line and hold there before the next phase of the rally kicks in, as above.
Any failure to hold at 6630 -6660 will tip it back into near term bear territory who will likely force price back to the 6530 line again where it should bounce higher when tested.
Bullish Divergence with confirmed channel breakoutHi all,
LTC has broken out of the downward wedge/channel on the daily chart and retested the upper line.
Combine this with the bullish divergence on the RSI and OBVOSC_LB, and a pretty bullish scenario arises.
I'm buying here, with the .382 fib retracement level as first target, and stop loss just below the lower channel line.
Comments and feedback are welcome!
Info on divergence: www.babypips.com
USDCAD Bull VibesConfluence:
-Weekly Support being respected (1.30000)
-Broke A Downtrend Line and retested it
-Previous zone has yet to be retested (1.33000 - 1.3165 on the 1HR Chart)
-Higher high candlestick close after retesting the breakout (1HR Chart)
NZDCAD Strong Sell, Yearly returns!Many confluences to the the downside, Very strong short opportunity which could yield yearly returns. Reasons fro the trade are shown on the chart! Please like or comment.
