IOLCP has formed a rounding bottom on daily chart and could face a resistance at currently breaking 780-790 levels upside can take this stock to 52W High. it may form cup and handle pattern wait for price action.
FLAG = Impulse + Correction
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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 ,...
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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...
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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...
In My Journal I Also Have Chart Of Entry Time
But Because Of Reputation <10 , I Am Not Able To Post It
I Entered In Date 27-Oct-2020 , Using Expiry Of Nov.26.2020 , At Price 3335
I Placed SL. At Price 3236.50
& After Holding Patiently I Catched RR Of 1:14
At The Same Time Stock Jumped 40-45% From My Entry.
While Entering My Target Was At = 3700 & I...
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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...
In this chart,
Price is making a particular range and this is the example of range trading strategy.
We can take entry when price breaks the range and PRICE close above or below the Range.
I will make study so Trader can use and take profit from this Strategy.
THIS IS NOT A TRADING IDEA
USE THIS ONLY FOR EDUCATION
I MAY OR MAY NOT BE TRADING
This chart is showing signs on growth
The P/E is very attractive and one may invest in this
Check the fundamentals for yourself and see if you want to go ahead
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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...
