Bullish Bat harmonic pattern With the bullish Bat pattern, it looks like a stretched-out “M”.The price rises, forming an X-to-A leg higher, then pulls back, retracing less than 0.618 of XA. Here, the ideal retracement...
Harmonic patterns can be used to spot new trading opportunities and pricing trends. Harmonic patterns are chart patterns that form part of a trading strategy – and they can help traders to spot pricing trends...
Nifty 50: Days Closing17153Gap Up1730017400Gap Down1710017000No Trading Zone1720017120Pivot Resistance172781732617403Pivot Support171251707717000 Bank Nifty: Days Closing35410Gap Up 3580036200Gap Down 3520034800No...
In the market in up or down trend always follow trend and retracement or correction together. It never directly goes up or down before it reaches its final target. This is basic concept of price action trading. We will...
In this post we will be discussing: Why trading in this pattern worksWhen to enter the trade and how to place target and stop loss Trading with this pattern gives you more than 80% success rate. In the market there are...
Rule 1: Don’t enter the trade when there is parabolic movement or strong one side movement Healthy trend. Parabolic trend False breakout of parabolic Live chart example for parabolic: Such parabolic momentum often...
Bitcoin seems to be finally out of the woods after rallying past $45,000 following an eleven-week-long consolidation. As of writing, the pioneer cryptocurrency is trading at $47,503 and is up 16% in the past 7 days...
Have you come across a situation where you enter a trade and as soon as you enter just within some time the market reverses without any reason and hits your stop loss. You’re not the only one facing this issue...
On Friday, Mar 25, 2022, NIFTY 50 Index (NIFTY) Index price formed the following Dark Cloud Cover Candlestick chart pattern on the price chart: DayOpenCloseBody LengthToday’s₹17,289.00₹17,153.00₹136...
In the stock market stocks always move in the swings. let’s say there is stock named abc private limited and opening price of the stock is 100$ and the closing price of the stock is 150$. Most o the time price of...
This is a two candle pattern. It gives bullish signal. This means once such pattern is formed there is higher chances of share values going up. In the pattern you will see 2nd candle is formed 50% above the 1st candle...
Volume weighted average price (VWAP) is calculated by adding the Rupee amount traded for every transaction and dividing this by the total shares shares traded for that particular day. Rupee amount is calculated as price...
