Hi Everyone! I hope you all are fine.
Today I have brought an interesting Price Action case study of Coal India.
Although the chart is self-explanatory, I will mention some key points.
1 . Always watch Support and Resistance—the basics of Price Action.
2. If the price goes too far away from the moving average(in either direction), be cautious, as sooner it will...
1. Supply & Demand Zones.
2. Support & Resistance.
3. Bullish & Bearish Order Blocks.
as shown on main chart.
Like other technical knowledge, This also are not a holy grail. It can only assist you in building a good strategy. You can only succeed with proper position sizing, risk management and following correct trading Psychology (No overtrade, No greed, No...
Cup and Handle pattern on weekly chart has formed and Breakout with high volume has occurred above the neckline. This stock has the potential to double in no time.
In technical analysis, a breakout refers to a substantial price movement of a financial instrument, such as a stock or commodity, surpassing a specific level of support or resistance. This occurrence is of paramount importance, as it frequently signifies the initiation of a new trend, offering traders and investors valuable insights for informed...
Hello Fellow Traders,
Once again i have come up with a Learning Idea on a Pattern I spotted while scanning my charts. We will discuss about Head and Shoulders Pattern
1. Introduction - The inverse head and shoulders pattern is another technical analysis chart pattern, and it is essentially the upside-down version of the regular head and shoulders pattern....
Observed a subset of the vcp/breakout pattern that's worked for me a few times.
1. Stock needs to be in an uptrend. As in the 10sma, 20sma, 50sma are all stacked and rising.
2. Price forms a "hump"
3. A shakeout at the end of the hump. Shakeout candle at minimum goes below 20sma, but closes in green at eod.
4. Next day breakout with huge volume. Try and get in...
Welcome To Trend Talk😊
How do the MACD and RSI indicators differ?
- The moving average convergence divergence (MACD) indicator and the relative strength index (RSI) are two popular momentum indicators used by technical analysts and day traders. While they both provide signals to traders, they operate differently. The primary difference lies in what each is...
Greetings, Traders!
Today, I present an illustrative example of the Cup and Handle Pattern Breakout in Bajel Products Limited, focusing on key considerations for a comprehensive analysis.
Stage - 1
Firstly, Time Frame:
Always conduct your chart analysis on a higher time frame. In this instance, we are utilizing the Daily Time Frame for a more strategic...
👉 Introduction
Breakouts are crucial in trading because they offer opportunities for quick gains through momentum. However, trading breakouts can be challenging. Around 80% of breakouts fail due to market inertia—where markets tend to continue their existing behavior. When a range attempts to break a comfort zone, some participants defend their positions,...
hello dear Traders,
Once again I have come up with another cup and handle pattern
this pattern is proving very beneficial for me during trading. i will cover the steps in this example of NATCO Pharma.
Step - 1 Pattern Recognition - Very easy pattern Cup and Handle. It is a technical chart pattern used in financial markets and easily recognizable on the...
Bajaj finance shows clear formation of Head and shoulder pattern formation
Lets see it continues the pattern or challenges
todays price action suggest it will follow the pattern
CORAL INDIA FIN has a CUP & HANDLE PATTERN in the Monthly chart with a GOOD VOLUME Weekly breakout & retest level of 60 If the sustains level moves up trade 1st target will be 90-106
Hello Falcon Traders
Once again i have come up with an example of Cup and Handle Pattern in making.
This will help you to spot the pattern clearly once its forming up.
The points to note are as enumerated below
first - Time Frame - Always analyze the chart on the higher time frame. in this case i am using Weekly Time Frame.
Secondly -Price Rise - ...
A Dow theory is a chart pattern which can be either bullish or bearish .
BULLISH DOW THEORY
High is broken but low is not broken
Higher high, Higher low
If low is broken, Trend change
BEARISH DOW THEORY
Low is broken but high is not broken
Lower low, Lower High
If high is broken, Trend change
# 10 Points Strategy to Master Crypto:-
(More the points confirmation more may be the accuracy).
1. Market Cycle - Know the Bigger Picture - Establish a Bias - Its Bullish or Bearish.
2. Market Cap Dominance Percentage chart - Interest Increasing in Bitcoin or Altcoin.
3. Open Interest - Total Buyer & Seller Increasing or Decreasing.
4. Long/Short Ratio -...
Please watch the material posted on Youtube from the Foundation for The Study of Cycles. The key phrases you are looking for are Cycles of Repetitive action and best fit.
What Is an Ascending Triangle? An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs and a rising trendline to be drawn along the swing lows. OANDA:XAUUSD
