Trenttrading — Trading Ideas on TradingView

Trent showing Breakout NSE:TRENT showing breakout with Ascending Traingle. You can enter at the current Point . 1st target would be 6130, Second Target would be 6260. Keep the Stoploss at 5650. One who is trying for Second target , try to achieve the same by Trailing stoploss. Note : Considering the Ongoing Isreal - Iran - US Tensions, the Markets would be fluctuating and if you can buy at 5800 it would be great!

TRENT: Short Trade Thrives The 4-hour chart of TRENT showcases a well-executed short trade setup using the Risological swing trader . With TP1 and TP2 targets already hit, the momentum hints at further downside movement towards TP3 and TP4. Trade Highlights: Entry Price: ₹7605.35 Stop Loss: ₹7975.20 Targets: TP1: ₹7148.25 ✅ TP2: ₹6408.65 ✅ TP3: ₹5669.00 (potential) 🔄 TP4: ₹5211.90 (final target) 🔄 Technical Breakdown: Risological trend line: A steeply falling Risological red trend line validates a persistent bearish trend. Candlestick Formation: Consistent lower highs signal sustained seller dominance. Volume Dynamics: Elevated volumes on red candles affirm selling pressure. Strategic Recommendations: Current Traders: Trail stop loss to secure profits and ride the trend toward TP3 and TP4. Potential Entries: Watch for minor pullbacks toward TP2 for fresh short positions. TRENT’s bearish momentum is far from over. Will TP3 and TP4 seal the deal? Stay tuned! 📉

TRENT Tumbles! Short Trade Hits First 2 Targets – More Downside?TRENT has exhibited strong bearish momentum since the short entry at 8161.30 on 15th October at 9:45 AM, successfully reaching Take Profit 1 (TP1) and Take Profit 2 (TP2). Key Levels Entry: 8161.30 – The short position was initiated as the price broke below this level, indicating a bearish trend. Stop-Loss (SL): 8253.15 – Placed above recent resistance to protect against a potential price reversal. Take Profit 1 (TP1): 8047.75 – The first target was reached, confirming the initial strength of the downtrend. Take Profit 2 (TP2): 7864.00 – Continued selling pressure led to this target being achieved. Take Profit 3 (TP3): 7680.30 – The next target in sight if the bearish trend persists. Take Profit 4 (TP4): 7566.75 – The ultimate target, suggesting a significant downward move. Trend Analysis The price is trading below the Risological Dotted trendline, indicating a strong bearish trend. The sustained downward movement suggests further downside potential, with TP3 likely to be reached if the current momentum holds. The short trade on TRENT is performing well, with TP1 and TP2 already achieved. With bearish momentum intact, the next targets at 7680.30 and 7566.75 could be within reach.

TRENT Intraday Position Update (15m Time Frame)TRENT Intraday Position Update (15m Time Frame) We secured a solid entry at 7535.35 after the price crossed over the Risological dotted trendline. The price has successfully reached Target 1 (7698.10) and Target 2 (7961.45), maintaining strong momentum to hit the remaining targets. Target Points: TP 3: 8224.80 TP 4: 8387.55 Stop Loss (SL): 7403.65 The trend remains bullish, and we'll continue to monitor the position closely.

Trent Trent cup and holder patern we can expect a long. This is only for study purpose do your own analysis before trade.

Short Opportunity Short below 101.85

GBPUSD sell now?Welcome to Forex Trading Snacks I know it’s the GBP! And some traders are asking is it time to sell it now because of it’s recent pop up from a short term bottom? No one up to this point has asked me if it was a good time to buy it for the same reason? So if everyone is short why is it moving up? Truth is there is only one good reason for getting into a trade short or long... That is to try to make money! However there are many reasons to get out of a trade, all of which cause an opposite move in price to the majority of trade positions / trend. Example with the GBPUSD a lot of traders are selling it driving price and thus creating this trend down, but when these traders want to unwind the trade / get out / lighten up on their short positions, they must buy it! And that buying pushes the price higher until either sellers enter, or sellers panic and want to leave their short positions and try to get out at any cost. The later can cause an impulsive move or a squeeze with lots of followthrough. That option in my opinion has a minimal chance in happening at this time. Of coarse if there were some surprising new news on Brexit then anything is possible. Barring any surprising news, my trading outlook is to the short side of this pair. Because of it’s bounce today and because of price action, I favor a short at or around the 1.2250-1.2325 area. From its recent swing high, this down move has had at least 2 bounces retracing the trend by 250-300 pips. With today’s price action we are currently only about 50-70 pips away from my lower range. In addition we have a down sloping top trend line of the swing move that is coming in at the middle of my range as well. With the 21 EMA daily moving average currently sitting 1.2200 Seller might be looking to take profits and then looking to again establish new shorts at higher prices. I just happen to be in that camp. These views, trade ideas, opinions, are for training purposes only. This idea is not trading advice. If you decide to trade any ideas that are posted you also assume all risk of loss should there be any. In trading you either make dust, or you eat dust! All the best