ProTradeProfessor
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ProTradeProfessor

market is making series of HH and HL. market has taken corrective move uptil 0.382 of Fib Level, we shall take entry on break of HH and SL will be placed beneath the HL after being formed. R:R of 1:1 and 1:2
ProTradeProfessor

Story : Market formed a BEARISH DIVERGENCE on 1H time frame and then divergence played well as we can see market broke the neckline (HL) and then continued series of LH and LL (Dow Theory) TRIPLE TOP kind of formation can also be seen before it continued bearish divergence Anticipate : I anticipate that market will continue series of LH and LL as there is no bullish divergence and no sign of reversal pattern. Plan: We take our entry on the break of LL which is 3380 level, and then we continued to target TP1 and TP2 with our 1:1 & 1:2 R:R ratio. once pending order is triggered, out Stoploss is defined which is slightly above the defined LH 3410 level. Dear Followers, Keep following and like- if you want more (simple) analysis like these
ProTradeProfessor

Bitcoin is in bullish trend making series of HH and HL, Market is making perfect AB=CD pattern and therefore we can project our TP at "D" point which could be a potential reversal zone. Entry at Breakout of "B" and SL below HL.
ProTradeProfessor

Hi, Tesla is making series of HH and HL. Bullish trend line can also be seen. however, it is in consolidation phase since long. currently the market is trading near the strong resistance level of 409. if the market break this support level and even breaks the previous HH which is 482 then we can expect market to take a bull ride. Trade entry plan is to set BUY STOP order type at the mentioned Entry Point. once the trade is executed we can Set Stop Loss slightly below the previous HL /support level. TP1 and TP2 are placed with 1:1 and 1:2 Reward to Risk ration
ProTradeProfessor

Price action of Apple Shares looks bearish, atleast until level of 165.59 which is strong support. market has formed wedge pattern before taking a bearish run. it has further good support of 216 and then previous HL of the longer bull trend. we are looking for selling opportunity if the market breaks the 191 support level. we can easily target TP1 of 216 and if that further breaks then we can plan TP2 as marked accordingly. But the question is , why APPLE getting down > ?
ProTradeProfessor

Bearish Indicators : 1- LH and LL 2- Market is respecting Bearish trend line resistance 3- Market is respecting 0.618 level of FIB level 4- Formation of shooting star candle stick from fib / trend line levelHappy Trading, wait and watch your TPs getting Hit !!!!
ProTradeProfessor

Gold Shows Strong signs of Bullish Trend Continuation. Bullish Confluences Shows1- Continuation of HH and HLs. 2- Market is testing and respected Strong Support Level of 0.236 of Fib LevelThe only Bearish Indicator is Divergence of 1H time Frame, which can show temporary correction till trend line support .ENTRY : If market breaks HH then it will test market TP (Green Arrows) and If market Breaks HL, then it will easily test RED Arrows (Projected short entry)TP hit
ProTradeProfessor

Market has remained been in BULLISH trend for Long. However, Market has taken corrective move uptil 0.382 of FIB level and which is also a good 4h support zone. Market has respected this level and did not break the HL with Good momentum. it indicates that market will keep continuing Bullish trend (due More weightage ) to BULLs and target are specified.
ProTradeProfessor

Market is marking series of HH and HL , market has rejected from 4H support zone followed by Hammer candle. This support zone coincides with FIb level of 0.236. Market has formed Bullish Flag pattern which is also a strong sign of Bullish Pattern continuation. market is currently making a corrective move and its good time to buy. place stop loss below HL.TP HIT
ProTradeProfessor

Market is making series of HH and HL, however has market recently shown corrective move. FIB level rejection from 0.382 of Bullish rally is done. market has shown rejection signals followed by Formation of Bullish Hammer pattern near FIB Support level. market will Go till TP1 and TP2 once the drawn resistance level is broken. SL is below HL.
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