In daily and 30 min chart, Indigo has shown a consolidation of COI . Which clears, if it breaks either side and stands then it might give a multi-range target. Please check the chart where I have provided a short-term multi-range target. Another side of the wall of the Quant box will be the Stop Loss. The traders can plan their trade with derivative products...
Titan consolidated and now trying to move further up side...Consider it for short term
A parallel channel which can also be termed as a price channel is a tool to identify a share’s price in bounded parallel lines. It can be horizontal, ascending or descending. It’s a great tool for those traders who believe or trades with the idea of Price action. A parallel channel can be formed when the price of a security is restricted by supply and...
All observations on chart. MULTIPLE CONFIRMATIONS & EXPLANATIONS OF DRAWINGS As you can see gold bounced tom 38.2% fibonacci level a good level to buy the dip. 19% correction from the top till pre covid levels Falling channel pattern visible on charts, usually gives good move on the upside. Double bottom pattern breakout given today. Price comfortable above...
Presenting a small guide on how to trade breakouts from trading ranges. This trade has already happened, but similar ones can give wonderful profits! Comment, like and share...
Etheruum is on the move of price reversal. It has already made a high of $1439 and the projected between 1.13 to 1.618 Fibonacci level of XA. Now this pattern is creating a typical Harmonic Shark Pattern. Which is a bullish reversal in deep. We can expect a PRZ between $640 to $ 607. SO there might be the downfall of around $1200 estimated but this is the most...
Hourly Chart of SGX-nifty shows the speed of movement came down since it got into the yellow parallel Channel and become range bound which is between 13222-13167. Now , until and unless it breaks the higher level of the range it will be in this sideway zone. But if it breaks out the yellow channel then there is the probability of move towards...
Ascending chart pattern is a type of Triangle chart patterns . Ascending chart pattern is formed when price has a resistance and is forming continuous higher lows. Adequate buy or short area would be after the price gives a breakout .Ascending pattern you can short or buy as well . Wait for the price to give a breakout and enter in which ever direction the...
parallel channel broken with volume supported
Parallel channel broken and heavy volume supporte down move i already posted channle breaking will be a trend reversal sign
The material gives an example of trade that we took based on falling wedge pattern. Though, such clean trades do not always come in front of a trader, one can use the concept to execute trades with stop loss levels given in the material. This trade is already done, and material is intended for people to learn the concept only. If you copy trades, you might win...
Patterns are the pictorial representation of the psychology behind the market participants. Whether it is a channel, rectangle, expanding triangle , contracting triangle. The charts shows how a downtrend prevailing in the stock coal india since few years. All the patterns formed are of a berish note & the trend continued. The current structure also forming a...
Is 4th wave possible... what do you think .. plsss comment below -------------------------------------------------------------------------------------------- this only a prediction if possible ..... we can say perfectly about 5th wave But at first it need to complete its major wave ...