Intraday Trading for Living 2.0

Intraday Trading For Living

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Gold Monthly Analysis

This is Gold Weekly Chart .

Here Gold was in Consolidation since 2013, It made a low of  24k Levels and and High of 35k Levels.
Presently  we found a  that this script price is running in a very famous pattern that is Triangle pattern.
Here Price has made 5 years Triangle pattern which is very Powerful, presently it is now yet broken.
It is showing that price is now matured enough to break the pattern as you see on chart that price made Double Bottom and made its 1st Higher Low thats all the sign of Bullish Price Action in this Chart.
I am only interested in this chart if Price closes above this pattern with Big Volume.

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Strategy

CESC LTD

    Monthly Chart

                                         This is the Monthly Chart of CESC LTD
   

• In this chart we got that there is a Positive Reverse Divergence means price is made Higher Low while indicator made lower low.
• Price previously retested its Previous Structure level and now given the bullish Signal.
• Presently price is forming Bullish Harami Candlestick Pattern .

           Eastern Pattern (Bullish)+ Western Pattern(Bullish) = Bullish Confirmation 

    Daily Chart

                                            This is the Daily Chart of CESC LTD 

• Here we got a Bullish Structure Triangle Pattern.
• Presently Price has Broken Triangle Pattern .
• Breakout Volume is Very high than Average Volume .
• There is a RSI Bullish Range Shift in Daily Chart .

   We are targeting this will toch 1050-1130  very Soon all you have to do take your best entry and relax.

The Charts posted here are for educational purpose only and it is not for any kind of marketing purposes or trading services.And you the Viewer are solely responsible for the profit or loss incurred during the trade.Note that we are not SEBI registered advisor,the blog is meant for Educational purpose only.