MATIC 1-hr. Chart Analysis As per hourly chart movents of MATIC forming pattern of Bearish Pennant, within 12-24 hrs. it will be goees more bearish upto 64-62 cents minimum or maximum upto 60 cents. Always #DYOR & Trade wisely by using #StopLoss MUST LIKE & SHARE it...
BITCOIN 1-hr. Chart Analysis As per yesterday Downtrend of CRYPTOCAP:BTC , it was moving at present into Bearish Pennant Pattern, that's the indications of pattern breakout within 12-18 hrs. and market goes into bearish zone, and it will reach around $30k first and then upto next 24 hrs it will be goes bearish towards $29.5k with complete #Altcoins market goes...
Chart Patterns look good for a short trade REASONS 1. In Weekly timeframe, Ashokleyland broke out of the Ascending channel on sep 2022 & Right now it formed a Bearish Pennant pattern and Gave breakdown for that too!!!(SHOWN BELOW) 2. In daily time frame, it is moving alike Inverted cup& Handle pattern(shown below) 3. In 2hr timeframe, it is...
Chart patterns look prudent for the above titled opinion REASONS 1. MCDOWELL_N has been trading inside a Ascending channel pattern (taking support and resistance at perfect channel levels)( shown below Monthly chart for broad view) 2. Monthly Breakdown by witnessing the January month candle(with volume bump) with low too tested the next month 3....
Chart patterns insist me the above titled opinion. Reasons 1. Muthoot finance has been travelling in a expanding triangle pattern from 2015. 2. Till now, its respecting the pattern by taking support and resistance at perfect levels. 3. Currently it is in downswing inside the pattern. 4. It may take take support at the Major support (GRENN LINE 800 LEVEL )...
Chart patterns look impressive and paves way for the above titled opinion REASONS 1. KOTAKBANK has been trading inside ASCENDING CHANNEL(Bright red and green trendlines) taking support and resistance at perfect levels till now. 2. Currently it is going under the down swing move inside the ascending channel . 3. In daily time frame , it looks like...
Expecting a massive breakdown in HCLTECH Bearish Pennant Pattern formation observed. Target 904 CMP 1039
Dogecoin is forming some bearish trade setup these days.It may give us some great fall after the breakout.Here are two trade ideas-swing and intraday that I wanna share with you guys in detail.check below. Trade 1: The first one is a swing trade.Dogecoin made a beautiful double top pattern in 1H time frame which broke out it's neckline(0.9684 level) downward and...
Bitcoin is making a pennant pattern which is about to breakout. It's a bearish pennant ,formed in 4h time frame.A bearish pennant usually breaks out downward but during the mixed emotions of the market and its' volatility can be cause of uptrend too.Also the market is on downtrend for a long time so a up move can be expected too. But the major signs is in favour...
Ethereum forms a bearish pennant in 4h time frame.The pattern is retesting and going down.a short entry can be initiated from the level 1171 and the target will be 1008.Keep an eye on this trade.
Discription: Stock Name: ZYDUSLIFE. Chart Pattern: Bearish Pennant Time Frame: 1D Entry: Reversal @340-345 Breakout Above @380+ Targets: Reversal Target @380+ Breakout Targets @440+
#CDSL CMP 1118 If this turns out to be a valid Bearish Pennant, it can take the price little lower and form a Lower Low. This can also form a RSI Bullish Divergence then and help move the price above. The bearish pennant seems even more valid in a weekly Timeframe
Pennant Breakdown usually are bearish continuation patterns! Nifty has broken down from a consolidation & it seems that it will find resistance near 16950 levels Support for Nifty is near 16200 Levels
This is best example of bearish pennat trade. if you want to learn chart pattern please comment.
BTC is forming a huge bear pennant on the 1h against USDT. When it breaks I'll probably go short. I expect a lot of previous support at the 38K -39K level but if that doesn't hold we're probably will be going to the mid thirties. Would you guys short this if it breaks?
Projected a Short opportunity after noticing a bearish Pennant pattern on SHIB/TETHER . Just checked. it just kissed the take profit and rose again. Great learning about chart patterns and yes trusting the process is the way to go.
BEARISH PENNANT forming on HINDALCO 15,5 MIN. WITH AN EXPECTED RRR OF 1:3. THIS IS NOT A TRADING ADVICE.
Tesla has been trading below 200 MA for good period of time & has formed Bearish Pennant price action pattern which indicates a Bearish continuation trend signal. Using Fibonacci we also plotted that, Tesla is not able to break its 50% retracement level which infact is exactly at the price level where 200MA is standing. It’s a double & strong reversal sign. Also...