The probability of a breakout getting failed is much higher than it's success rate.(A STOCK AT REST TRIES TO BE AT REST AND THE ONE IN MOTION TRIES TO BE IN MOTION like NEWTON's First Law Of Motion)
But breakout trades are the most rewarding trades in stock market.
So...if there was a method to find out a high probable successful breakout then it would have been a...
I am going to share 100 educational trades using the risk-reward technique to demonstrate how you can become profitable
With just 50-60% accuracy, all my trades will be shared and documented here for transparency.
Pattern Identification on any Timeframe!
Importance of the Factor of Safety in Projected Target To avoid the Losses!
How to identify Patterns and Project the Target on the chart!
I have selected NVDA weekly chart for Technical Analysis. Here the Head and Shoulder pattern formed on the Top. We can see the previous trend of NVDA was an Uptrend so the...
let us understand what the different types of
TECHNICAL MARKET INDICATORS in brief
😎Trend indicators are stronger than any other technical market indicator:-
A market trend is a tendency of a stock market to move in a particular direction over time
These trends are classified as secular trends for long time frames, primary trends for medium time...
An Uptrending stock gives many opportunities to enter in it.
But...we miss many of them assuming it as a reversal or before we enter the stock moves much higher again and Risk/Reward ratio is unfavourable for our trade.
Here I am with another tried and tested strategy to find whether it's a pullback or trend reversal and the most IMPORTANT...enter before the...
I can interpret an upcoming breakout in this chart is so many ways. This is why technical Analysis isn't difficult. One just needs to have an eye and correlate.
I'm not giving any Stop loss or Targets here. This is for you guys to interpret it the way you like and take your decisions. If it fails, this chart would tell you why it failed as well.
Those who want...
This stock has a Market cap of just 159 cr.
I just happened to see the stock with a HUGE volume bar.
I drew the line from the top connecting the resistances and found it to be a BREAKOUT.
Then, I spotted another squeeze and connected the supports and resistances after which I spotted the same pattern on the RSI as well.
Next I plotted the 50 & 20 DMA and found...
📚 LEARN MORE
💰 EARN MORE
With ForecastCity
Ascending Triangle Definition:
An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows.
It is defined by two lines:
. A horizontal resistance line running through peaks.
. An uptrend line drawn through the bottoms.
The higher lows...
📚 LEARN MORE
💰 EARN MORE
With ForecastCity
FLAG pattern Definition:
A FLAG pattern is a continuation chart pattern, named due to its similarity to a flag on a flagpole.
A flag is a relatively rapid chart formation that appears as a small channel after a steep trend, which develops in the opposite direction.
After an uptrend, it has a downward slope. After...
FLAG = Impulse + Correction
📚 LEARN MORE
💰 EARN MORE
With ForecastCity
After a significant drop in Bitcoin price , the price is in a correction wave.
What makes the chart interesting today is that:
. Bitcoin is likely to challenge the 18042 ~ 18227 resistance area.
. A break above 18227 could push the pair to the 19487 area .
. A resistance rejection ,...
📚 LEARN MORE
💰 EARN MORE
With ForecastCity
Descending Triangle Definition:
A Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high.
It is defined by two lines:
. A horizontal support line running through valleys.
. A Downtrend line drawn through the peaks.
The lower highs indicate...
📚 LEARN MORE
💰 EARN MORE
With ForecastCity
Ascending Triangle Definition:
An ascending triangle is a type of triangle chart pattern that occurs when there is a resistance level and a slope of higher lows.
It is defined by two lines:
. A horizontal resistance line running through peaks.
. An uptrend line drawn through the bottoms.
The higher lows...
📚 LEARN MORE
💰 EARN MORE
With ForecastCity
Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a peak (left shoulder), followed by a higher peak (head), and then another lower peak (right shoulder).
A “ Neckline ” is drawn by connecting the lowest points of the two troughs. Neckline...
📚 LEARN MORE
💰 EARN MORE
With ForecastCity
Inverted Head and Shoulders Definition:
A head and shoulders pattern is also a trend reversal formation.
It is formed by a Valley (left shoulder), followed by a Lower Valley (head), and then another Higher Valley (right shoulder).
A “ Neckline ” is drawn by connecting the highest points of the two...
📚 LEARN MORE
💰 EARN MORE
With ForecastCity
Descending Triangle Definition:
An Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high .
It is defined by two lines:
. A horizontal support line running through valleys.
. A Downtrend line drawn through the peaks.
The lower highs...
Ascending Triangle Definition:
An ascending triangle is a type of triangle chart pattern that occurs
when there is a resistance level and a slope of higher lows .
It is defined by two lines:
. A horizontal resistance line running through peaks.
. An uptrend line drawn through the bottoms.
The higher lows indicate more buyers are...
Ascending Triangle Definition:
An ascending triangle is a type of triangle chart pattern that occurs
when there is a resistance level and a slope of higher lows .
It is defined by two lines:
. A horizontal resistance line running through peaks.
. An u ptrend line drawn through the bottoms.
The higher lows indicate more buyers are gradually entering...
Ascending Triangle Definition:
An ascending triangle is a type of triangle chart pattern that occurs
when there is a resistance level and a slope of higher lows .
It is defined by two lines:
. A horizontal resistance line running through peaks.
. An uptrend line drawn through the bottoms.
The higher lows indicate more buyers are...
