Bearish Flag
#SLP/USDT CHART BREAKOUT COMING!!!Hello guys in this chart it is forming Bearish Flag Pattern in 1hr time frame, I have mentioned all targets and short positions in chart you can follow that chart and also you can also have one small short opportunity at $0.1952 and two other short opportunity's given in chart. Keep eye on chart.
Coal India | Both side tradable Well if u see the big picture then it's like a good move then a correction = Still bullish and if gives a breakout above the near high = a possible trade according to your risk system :)
Also, we can see an amazing head and shoulder move + a downside flag too + bearish too :)
Wipro on 15 min chartWipro has been forming a bearish continuation pattern after sustaining below 200 ma line. This indicates that Wipro is in major downtrend and this must be a small correction or retracement. There’s a possible chance for reversal because there’s 3 reason supporting our statement.
SUPPLY ZONE
200 MA LINE
FIBONACCI 61.8% level
SHORT - Bearish Flag at Trendline Resistance - Risk/Reward 1:5Short < 1338
Stop-loss > 1403
Target 1000
Risk/Reward 1:5
Piramal Enterprise - Price broke the upward trendline on 4th September and pullback but faced trendline resistance at 1403 and fall back. Price made a bearish flag and breakout of the same is a shorting opportunity.
On a daily chart, the price made a lower high followed by a recent lower low and that confirmed the daily time frame trend as down.
Looking at the Weekly time frame price is already in a downward trending channel. It took resistance at the upper channel line of the channel and fall back. Also, the 0.382 Fibbo retracement level of the ongoing downtrend on weekly acted as a resistance.
PEL : Trade SetupNSE:PEL
Hi Traders,
PEL is in sell zone and it is moving in downward direction with a bear flag. A bear flag pattern provides an extension/continuation to an existing downward trend.
Stock Analysis
* Stock has broken trend line.
* Stock has broken support line.
* Developed bearish flag pattern.
* Retracement of flag is less than 50% of its Pole.
Sell Level
Current price level
Target Level
TP1= 1143.20
TP2= 1044.10
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###Learn To Earn###
* This analysis is educational/learning purpose only.
* Trade at your own risk.
Trade well,
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A CUP ND HANDLE PATTERN/A BEARISH FLAG PATTERNHi....
\I am a newbee nd publishing my veiws first time....
This stock is forming a "Cup and Handle Pattern" and it's also showing a breakout
nd u can also call it a "Bearish Flag Pattern breakeout" ....
.....so if anyone wanna trade it....
....ALL THE BEST.....
TRADE IT AT YOUR ON RISK....
BankNifty Bearish Flag Pattern - at Daily Chart I always do analysis on price action, seeing nifty bank getting prepare for down side trend is expected as its created a Bearish Flag Pattern, Critical level 19340-18940, If 18940, broken and sustains below in 1hr duration then get ready for an down trend.
Nifty - Where to short a Pullback?#Trendfollowing
After the craziest fall, nifty is pulling back. So where to short a pullback?
A - Bearish Flag Breakout
B - Price Percentage Change Projection
C - Traditional Price Range Method
D - Retracement Levels
Whether to short options or short futures is entirely depends as per your money management and risk appetite, but don't buy PE's expecting for a huge gain.
Which level is best to short depends on how the price is approaching a particular level. These are not touch and trade levels. So we need to watch price action before trading.
If you have any doubts about the above, do let me know in the comments.
Nifty down trend in coming weeks1) Nifty is in consolidation mode near channel support.
2) consolidation happening In previous supply zone and trying to break supply zone..
3) Nifty formed bearish flag pattern...
4) In day chart Nifty swings between .5 and .618 of FIB Levels (11627.55 to 11510), if breaks
11510 the target will be 11130 ( as per confirmation of major support of candle and fibnocci level of 1)
Once Nifty breaks the channel support it will fall down..
Pls hit like and comment...