Biocon - nice price pattern formation. Symmetrical triangle formation on daily charts. Break out will give 40 points move reaching 660 or 580 . let us see how this pattern behaves.
I was going through this book called "Trade like a stock market wizard", I have tried to implement some concepts in this chart. Although this has not formed the proper VCP pattern but still I can see some traits of it.
TWO WAY TRADE. As per charts take appropriate action
This is one of just a few charts spared from 'blistering barnacles' of Friday. Double Top within a small range. May give breakout.
Another analysis shows Inverted HnS on Weekly charts of Brent. Target is the length from Head to neckline ,which suggests target $91.50 My previous analysis suggests rounding pattern on daily charts whose target is also near this zone.. So charts say that we ll see crude at 90/91.5 in upcoming days,..
Weekly charts provide strong trading outlook. Two trades: Negative divergence made 90 points. Positive Divergence (still running) made 125 points so far. Investment in learning is more important than investing in the market.
Look for break above neck line. Everything mentioned on Chart. Please feel free to correct any mistakes.
Ascending Triangle in the making on hourly chart. 34988-90-- the breakout level targeting 2000 points plus-- distance of the pattern. 34650 can be the SL.
Preceding Trend: Up Time Frame: Daily Chart Pattern: Falling Wedge Breakout Bullish Reversal Observation: Breakout of down trend line Closing outside falling wedge Breakout on decent volumes 15% potential upside from breakout Pattern fails, if price closes below Falling wedge low
Preceding Trend: Down Time Frame: Daily Chart Pattern: Breakout of Downward Channel Bullish Reversal Observation: Total 5 touch points 3 touch points on highs 2 touch points on lows Partial Decline making Higher Low confirms beginning of fresh uptrend Breakout on decent volumes 25% potential upside from breakout Pattern fails, if price closes below the higher...
this is just for education purpose. here i m forwarding the hourly time frame of happiest mind chart .
Solutions are most welcome! Tell me how can i solve this .
SOL/USDT looks like Triangle Pattern breakout in 1 hr chart please watch carefully. Support 244 Resistance 253 TARGET 268. do safe Trading