TRIANGLE breakout in SILVER (XAGUSD)Elliott wave analysis:-
View 1:-
if it is a BULLISH triangle then it will break upside and the entire pattern next to w) wave is TRIANGLE X) Pattern.
View 2:-
If X wave was flat correction then a) wave was completed and b) wave was a BEARISH triangle and C wave has to break downside and the target will be same size of a) wave.
i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.
Bearishtriangle
MATIC - Bearish Triangle PatternsMATIC 1-hr. Chart Analysis
CRYPTOCAP:MATIC still moving at present into symmetrical triangular pattern of Bearish mode and soon with in 24-48 hrs, it will be reach out their first Lower-Low mark of 62-80 cents again.
Always #DYOR & Trade wisely by using #StopLoss
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BEL @ 90 - ANALYSIS FOR SWING & INTRADAY TRADERSWait for BEL to give a clear indication before taking the trade.
Their is not much to say since the chart the explains it well!! So trade accordingly
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Descending triangle spotted - Escorts Escorts is trading below strong support of 545. It's 200 EMA is also around 545. Formed a small range just below support, which has now become resistance for it. Buyers are active in this region as the delivery percentage is quite high. Deliverable quantity is above average.
Descending triangle is usually a continuous pattern. If it breaks triangle's baseline (514-513) then be ready for good fall (100 points fall is expected in that case) . However, if it shows up move, buy above 550 for targets of 580 and 640
Titan - Go Long before shortTitan is making H&S pattern at the peak of its uptrend. Looks to be a good case of probable trend reversal.
Once right should is complete titan can go as low as 520.
Apart from H&S pattern Titan is also making bearish triangle pattern, making lower highs while not making higher lows. Once the triangle is broken on the bearish side it will complete H&S pattern boosting further downside.
However before completing the right shoulder titan can go in a range-bound movement. Let's take that trade before shorting it
Buy Titan above 600
Target 614
SL 575 on closing basis or 585 for intraday
If titan hits Sl then Short titan below 570