Fibonacci Retracement
HUGE OPPORTUNITY on ETH/USDTReasons why I'm bullish:
- All of the daily Moving Averages are pointing up, meaning that the prince is tending to go up.
- ETH went up for 13 consecutive days, we need a retracement to keep going up.
- The daily RSI showed that ETH was overbought for the first time after 13 days (Good sign for a retracement).
- We have a nice and clean Double Bottom on the daily chart.
- The (0.382) Fibonacci Retracement is extremely close to our zone of action in our double bottom and the (0.5) Fibonacci is
Zuari Global Bullish BiasStock is poised for a upmove
Stop Loss 140s levels
Target >178s levels
Stock is reversing from Fib .618 levels an important zone with a hammer candle confirmation followed by Doji and gave a strong closing
ZLong
Concor BuyIn this current market, Concor seems to be the goos trade in the coming days.
Fib retracement 50% support playing good Support for the stock DOJI formation at the bottom can be a reversal signal.
Don't be in hurry to trade SL can be 652 on closing Basis
Targets can be 700 and 730 for swing.
Buy Aug month contract for a good move.
Just like Wipro, good returns are expected from the stock Grandfather, Father, and son strategy.
If you have not seen This strategy watch my Wipro IDEA shared on Trad
KOPRAN: Starting on a bearish trend"
TECHNICAL ANALYSIS OF NSE:KOPRAN
The LAST CLOSE PRICE of NSE: KOPRAN is 232.45 . The PARABOLIC SAR is showing the DOWNWARD SIGNAL with TREND as DOWN TREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0.236 at the FIBONACCI STOCK PRICE LEVEL of 229.05. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07, SUPPORT 2 at 237.55 with RESISTANCE 1 and RESISTANCE 2 at 221.45 and 203.35 respectively. The Key 50% FIBONACCI LEVEL stands at 237.5
Potential Pullback Opportunity - Globus Spirits After having made a spectacular rally, Globus Spirits has retraced now upto 50% fib. retracement level. The Price Volume action at this level indicates a high probability for the upmove to resume at this level. SL can be below the 61.8% level while profit target can be initially at 100% and subsequently, beyond that, as it will be in "Blue sky zone".
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👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will t
ACC perfectly followed Fibonacci levels and Technical levels.NSE:ACC
Look how ACC perfectly followed Technical and Fibonacci levels.
First on 15-07-2021,
It went to check demand in range of 2067-2069. And got good supply from there (marked with black circle in Candle Chart).
And after that we can see big green candle, which broke trend line in Candle chart (Marked with blue arrow in Candle Chart) and at the same time it also brake the Bearish Divergence ( Red Line in RSI) trend line. Breakout Point is marked with Blue Arrow in RSI. This sh
Fibonacci Masterclass - Fibonacci Retracement and ExtensionHi guys, I have finally completed the thread on Fibonacci (Though it took longer than usual). I have tried with the best of my little knowledge to create this thread. This has everything you need to know about Fibonacci retracement and Fibonacci extension. Also, if the thread is free that doesn't mean I have compromised with the quality. All you have to do is just read this thread again and again until you get a good grasp of it. everything.
Table of Contents:
1. What Are Fibonacci Retraceme























