Fractal
TCS - Swing Trade Entries and Gap Fill Trade OpportunityIn Daily chart,
The price is following the trend line.
The price is in a consolidation state in between the levels shown.
LTP is holding Monthly-Central Pivot Point
In 4hr chart,
For Buying, wait for the LTP to break the Fractal @2731 (Buy above 2736) - TP @2811
If the price breaks the bottom level, sell below 2604 - TP @2540 - Gap Fill Trade Opportunity
The opening price for December month decides the direction of the market when using the Pivot points for Sing trade.
Position Sizing accor
HERO MOTOCORP Long @3051Price is in a zone in 1Hr
Fractal Breakout Play
Long @3051 or Short @2974 - Both are Fractal extremes of Nov 26th. So it is the Day High-Low Breakout Entry Strategy.
For Long entry, consider taking profit @3097
For Short entry, consider taking profit @2948(TP1) and @2930(TP2)
HDFC Short @2176. TP @ 2146Sell the fractal breakout to the lower side
Price is below the cloud
Chikou-span has exited cloud to the downside
Take profit at 2146. It may take support at this level.
Position sizing is as per risk.
HShort
Bitcoin FractalFractal
Since August, fractal similar to May month is forming. This fractal is of 3 months (May to July) length and repeats after 3 month (August to October). Fractal holds similarities in price action like continuous rise in price for days, sudden big price fall, low and high in pattern are at same arrangement. This same pattern follows from October onwards.
Support:
Parabola formed becomes resistance to fractal after which price reverse back but now this parabola is broken and now this act
What is UPTREND in #priceaction trading?If the market is pulling towards upside direction with less magnitude towards downside direction we can call it as an uptrend.
Characteristics of an uptrend:
1) Higher High and higher low pattern in the swings
2) Less magnitude in secondary swings or downside swings in this case
Hope this helps:)
Nataraj Malavade
Author of Mastermind of Day Trading
Quant Trader | Author | Blogger
COMA ( Combined Orderly Moving Average ) Friends whenever you want to trade Moving average system trading , One thing you must follow is an method called COMA that means
" Combined Orderly Moving Average " this basically help you to identify choppy and side ways market and trending market
during side ways market price moves in range where people trade it as trading in Zone system , Most retail and day traders trade it as support & Resistance
if you are looking for trending move where you will keep making money as long as you























