TVC:USOIL Descending Triangle Bearish Pattern
This stock is making lower highs with same low level on daily chart by forming a Descending triangle, breaking 2000 level will open the downside upto 1800 level. as this Sep-2020 quarter results were weak. it could likely break downside.
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...
Price formed a falling channel which has the character to break up and again the second confirmation is the triangle pattern inside the channel which was broken today. That was a big miss, easy miss, lazy miss !!! If you find my analysis helpful . . . . . Please show your support by hitting 👍 LIKE button, Your Support is very much 🙏 appreciated!
GOLD is given a break down, A beautiful move
Traditional Chart Pattern- Ascending Triangle Discussed along with trading strategies in Hindi & English both. Thanks for watching the video Active Currently - Plan A - Sell Below 11955 for 11790-11810 target zone (Stops- 11960) Plan B- Buy in 11790-11810 with stops below 11750/11760 for target zone 11980-12000 Plan C- Sell Below (Strictly Stops above 12025) for...
CMP - 149.55 Bull position above - 156.1 Bear position below - 144.5
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...
As u can see bank nifty rejected from trendline again this week is down for bank nifty but it also forming an symmetrical triangle pattern lets see where it goes ! This is for educational purposes only!
Price is consolidating in range and getting ready for break out.
Dmart broke out from H&S pattern + is was forming a triangular pattern.
This pattern provides a good success rate. Entire trade strategy is explained in the chart with markings of levels. Note: This is the trade we have taken in past, and not a recommendation of future trades. This is just for knowledge sharing on technical analysis and chart patterns. We are sharing the previous trades as Learn and Earn initiative for free...
Example of a bullish symmetric triangle breakout on BankNifty as observed on the 15 min charts. As the price moves between the converging trendlines, the point closest to the tip of the triangle, presents a good entry point to go long. The stop loss for the trade was the previous swing low and the target was the day's high. Giving a good 80-90 point profit, with...
ITC is forming Ascending triangle and Rectangle pattern. This post is for education purpose only.