REFER OTHER CHARTS ON DIFFERENT PERIODS TWEETED
CUP AND HANDLE CHART LOOKS GOOD ABOVE 173. TARGET TILL 187-190 STOP LOSS 169.50
If we look at the monthly chart pattern, price action seems to indicate that we may be at the start of a bear market which will be confirmed if Nov closes below $1781. Now I know nearly everyone is bullish on Gold due to the expected stimulus In Dec or Jan and the expectations of higher liquidity but we had a stimulus in March in USA and other countries also had...
TORRENT PHARMA IS SHOWING TRAINGLE CHART PATTERN POSITIVE BREAKOUT.
CUP & HANDLE BREAK OUT ON HOURLY CHART IN NATURAL GAS
NIFTY MONTHLY CHART GIVING HINT FOR A GOOD FALL IS RSI RETURN..., A long term chart gives long term view have patience and track for 2-3 months but keep in view whats developing in Market
Titan- rectangle bo due - support 1078 - learning chart
Morning star candlestick chart pattern is formed on weekly chart of Yes Bank. Expecting a good up move
NSE:ADANIENT Hello, Traders! 👋 I hope you’re all having a fantastic weekend! 🌟 Whether you’re sipping coffee, analyzing charts, or just enjoying some downtime, let’s make it even more productive. 📈💡 In today’s educational post, we’ll explore a concept that might have slipped under your radar or left you slightly puzzled. No worries—I’m here to shed light on...
Explained in charts..
Which chart pattern is best for trading? 11 Trading Chart Patterns You Should Know 11 chart patterns for trading Symmetrical triangle. Flag. Wedge. Double top. Double bottom. Head and shoulders. Rounded top or bottom. Cup and handle. How To Become a Professional Trader : Learn the trading basics. ... Learn the advanced basics. ... Develop trading systems and...
This chart pattern is shaped like and resembles like a cup and handle that's why its named the same as cup and handle chart pattern. Shape: A “U” shaped bottom is preferred over a “V” shaped bottom as it indicates more consolidation. Ideally, the highs on either side of the cup should be equal. Duration of formation: The cup can take anywhere from 1 to 6...
Double Top: A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior highs. Double Bottom: A double bottom pattern is a technical...
THIS IS NOT A TRADING IDEA USE ONLY FOR EDUCATION I MAY OR MAY NOT BE TRADING IT ASHOKLEY - Shooting star suggests selling pressure but overall chart patter is good and as long as the lower trend line is not broken stay long put an alert below Nov 20 low SRTRANS - TFD BO given at 796 on ascending triangle and now sitting in positive channel check levels on...
Descending chart pattern is a type of Triangle chart patterns . Descending chart pattern is formed when price is taking a support and forming continuous lower heights. Adequate buy or short area would be after the price gives a breakout . Descending pattern you can short or buy as well . Wait for the price to give a breakout and enter in which ever direction the...
In my previous chart, I have discussed how Nifty 50 had a strong bearish breakout. Now I will be making supporting charts which could have been used to confirm the trend. RIL is a heavyweight stock of Nifty 50 & perhaps has a high correlation. NSE: RIL is been making beautiful triangular pattern on the daily period chart. There was a breakout of EMA (...