🟢 RAINBOW
🔹Structure is getting interesting on this one 👀
🔹Clear signs of CHoCH (Change of Character) and BOS (Break of Structure) have appeared, indicating a shift in market direction.
🔹Price has mitigated the OB zone and is now forming a base near the Golden Ratio (0.618 Fib), a key level often watched for reversals.
🔹Additionally, there’s an RSI divergence visible on the lower time frame, adding further confluence to a potential upside move.
🔹If the current structure holds, there's a strong probability of bullish momentum building up from here.
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📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
🔹Structure is getting interesting on this one 👀
🔹Clear signs of CHoCH (Change of Character) and BOS (Break of Structure) have appeared, indicating a shift in market direction.
🔹Price has mitigated the OB zone and is now forming a base near the Golden Ratio (0.618 Fib), a key level often watched for reversals.
🔹Additionally, there’s an RSI divergence visible on the lower time frame, adding further confluence to a potential upside move.
🔹If the current structure holds, there's a strong probability of bullish momentum building up from here.
✅ If you like my analysis, please follow me as a token of appreciation :)
in.tradingview.com/u/SatpalS/
📌 For learning and educational purposes only, not a recommendation. Please consult your financial advisor before investing.
Nota
Rainbow touched 1470 today, a massive 9% move. It happens when Nifty declined today after moving in a range for 2-3 days.Swing Trading works really well, if you choose your stocks rightly.
Nota
RAINBOW touched 1481 today.Nota
RAINBOW touched 1557 today.A massive 210p move, equivalent to 15.60%. This is a really good move within 52days.
Swing trading gives really good results if you research well, do analysis and keep patience.
Dagangan ditutup: sasaran tercapai
RAINBOW surpassed its target, touched 1640 on 4july, 295p move, which is massive 21%Understanding the Price Action is really important to get this type of move.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.