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Bullish Patterns

Ripple Bull Market Chart Analysis#XRP High Timeframe Analysis 🔹 Current Setup: CRYPTOCAP:XRP is consolidating within a symmetrical triangle formation on the higher timeframe, with the 200 EMA slope remaining neutral, signaling potential continued range-bound movement. 🔹 Key Observations: - Price has tested the support level multiple times without a definitive breakdown, hinting at a possible bullish breakout. - A strong breakout above the pattern resistance, with a confirmed candle close above $0.6639, would signal bullish momentum, opening a pathway toward $1.4065 as the primary resistance/target level. 🔹 Trade Setup: - Long Position: Await a candle close above $0.6639 to confirm bullish continuation. - Invalidation: If the price breaches the support and closes below $0.4302, this setup will be invalidated.
Long
by CryptoPatel
1
INTL CONVEYORS by KRS Charts8th Oct 2024 / 10:02 AM Why INTL CONVEYORS ❓ 1. Fundamentals are Good despite having Low Stock Price and P/E Ratio is under 10. ⚡ 2. Accumulations are visible at bottom side multiple times ❗ 3. Golden Zone is satisfying on 1W TF and Now retesting Price on Resistance as well as on Golden Zone 🔅 4. In Feb 2024, Big Green Candle with Strong Volume justified as a Buyers Trap ✅ 5.Also, for more Bullish Support, +OB with FVG is also visible as we can see in Chart. 📊 6. Today in 1D Price is at 100 EMA underneath 📌 Target for INTLCONV will be ~124 Rs Short Term and Further will be Revealed Later 👍
NSE:INTLCONVLong
by KRSCharts
3
Yen to go bulls till 162... Greetings fellow traders! I have always been majorly bullish on the Yen. I expect to see it tap 200.000 some time in the future. But that's just a weak expectation and not a proper forecast. Let's get into what 'my' forecast is. Yen swept the sellside liquidity below 140.000 , which was Dec'23 swing low, in Sep'24. The structure shifted on the weekly timeframe (marked as wmss) with a strong bullish marubozu type bar, showing the excitement and strength of the market. The seasonality of Yen tells us that the pair tends to peak around November-December . Now, if we club this with the current scenario and data, we can expect market to hit 162.000 before New Year 2025 . Is that a necessity? Of course, no. But that is what we expect after reading the market. What does @I_Am_ICT always say? The market does not have to get to where we want it to go, to be profitable. The major concept that I've applied in the whole analysis is Purge and Revert on the monthly timeframe & clubbed it with various other scenarios and timeframes to conclude to this analysis. There are certain levels and imbalances which can be of value and have been marked on the charts attached. One may refer to them for more info. Trading conversations are welcome. PS- It can be expected, looking at the daily and LTFs, that some retracement into discount prices is possible before a rally. Have an insightful trading week ahead! Disclaimer- All content is for educational purposes only and not trading advice.
Long
by SatyajeetSahai
1
GMR INFRA By KRS ChartsDate: 23rd July 2024 Time: 8:13 PM Why GMR INFRA? 1. Despite under 100 Rs Stock , GMR INFRA is continuously in Uptrend for bigger time frame too. 2. Here, we can clearly see that price action has made Flag & Pole Chart Pattern and Breakout too and today it retests the resistance line and sustained those levels. 3. For more support 100EMA is right underneath of recent low as we can see in chart. After all, above points denote that GMRINFRA is BUY from current price for 112 Rs. of Target with SL of Recent low ~88 Rs.
NSE:GMRAIRPORTLong
by KRSCharts
3
SURYODAY SMALL FIN BANK BY KRS ChartsDate:23rd Aug 2024 Time: 9:26 AM WHY SURYODAY❓❓ 1. All overview, Stock was in Consolidation for long time since listed and in Jun 22 it made lowest low , after that it is in continues HH HL pattern. 2. Wave Count is visible perfectly and it is in 3rd leg of 5th wave as we can see in above chart. 3. 100 Ema is right underneath in Hourly and Daily TFs 4. Today it has broken the resistance of Flag pattern and likely to sustain above it. 5. In bigger picture, Suryoday is making Upside channeling
NSE:SURYODAYLong
by KRSCharts
ASHOK LEY LAND Getting Attractive For LongAshok Ley Land On Retracement Mode After Respecting the tgt of 265± Longterm Investors Can accumulate till 185. Looks good in Parabolic UPTREND PATTERN & ELLIPTICAL BREAKOUT ALSO SEEN. (Based on Elliptical structure 207± support looks good) TARGETS EXPECTED ARE MARKED IN THE CHART. Shared it for Reference Purpose Based on CHART PATTERN. Kindly do Your Analysis From Your Side. This is not a BUY or SELL RECOMMENDATION from my side.
NSE:ASHOKLEYLong
by senthilkumar1976
1
GNFC By KRS ChartsDate: 20th June 2024 Time: 1:45 pm WHY BULLISH ON GNFC ? 1. On Daily TF it clearly shows and Successfully Breakout W pattern or Double Bottom Pattern with Strong Volume Green Candle. 2. On Weekly TF C&H Chart Pattern is clearly visible once its breakout with big candle with Good Volume, Long term Target on GNFC will be ~1137 Rs. 3. To support both the above points 100 EMA is right underneath and Price has taken support from 100 EMA multiple times. So, First Target as per W pattern will be 868 Rs. for short term investors while for Long Term Investors Target will be 1137 once it breaks out. Thank You!!
NSE:GNFCLong
by KRSCharts
DOGS/USDT: BUY ZONE ACTIVATED! 60-70% PROFIT POTENTIAL!!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated! DOGS looks promising right now, breaking out from a falling wedge and currently retesting the wedge. I recommend going long here with a tight stop loss and low leverage. Targets: $0.00094 $0.00108 $0.00121 $0.00133 Stop Loss: $0.000736 Leverage: 5x What are your thoughts on DOGS's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Long
by CoreCrypto1
Wipro NSE By KRS ChartsDate : 6th June 2024 Time : 10.27 AM Why I am Bullish on Wipro ? 1. Wipro has Formed Cup & Handle Chart Pattern on Monthly TF and successfully retested on neckline too as we can see on Chart. 2. Current Fibonacci level is 0.5 to 0.618 known as Golden Reversal Zone. 3. Nifty IT is Also Showing Bullish Trait like Bullish Divergence. After all this Entry on this after Wipro Breaks 260 Rs and close above 260 Rs. T1 will be according to C&H is ~530 Rs with SL of 439 Rs.
NSE:WIPROLong
by KRSCharts
18
CNXIT BULLISH ! 1. Resistance Breakout: - The index has historically faced selling pressure at 38,653 - 38,405 Zone, causing it to reverse or pause its upward movement. - When a stock breaks above a strong resistance level, it means that buying demand has overwhelmed the selling pressure at that price point. This breakout is a positive sign, indicating that the chart may move higher, especially if it is a clean break (i.e., it closes significantly above the resistance level). - The **strength of the breakout** is often measured by the volume of trading activity. If the breakout occurs on **high volume*, it indicates that a large number of market participants are involved, adding credibility to the When a stock breaks through a strong resistance level and retests that level with good volume, it can signal a strong bullish move. Here's a detailed breakdown: 2. Retest of the Resistance Level: - After the breakout, it’s common to see a retest of the previous resistance level, which now acts as a support level. This retest occurs as some traders may take profits, or there may be some temporary selling pressure as the market re-evaluates the new price. - If the stock successfully holds above the previous resistance (now support) on the retest, it confirms that the breakout was valid. This gives bulls (buyers) more confidence that the level will hold and that the stock has further upside potential. 3. Volume Confirmation: - A retest with good volume is essential. If the stock holds the new support on strong volume, it signals that buyers are stepping in to defend the level, further reinforcing the idea that the stock is in a bullish phase. - Conversely, if the retest occurs on low volume, it may indicate a lack of conviction from buyers, and the breakout may be prone to failure. 4. Bullish Expectations: - When a stock breaks out of resistance and successfully retests it with strong volume, the expectation is that the stock will enter a new bullish trend. The prior resistance has now been transformed into a solid base of support, and the stock may experience momentum buying, pushing prices higher. - Traders often see this scenario as a low-risk, high-reward setup. Their stop-loss would typically be placed just below the new support level, while the upside target could be based on previous price patterns, such as Fibonacci extensions or previous highs. 5.Target : - it is on its all-time high targets on fib zones,pivots 0r based on future price action basis. # Summary: - **Breakout of strong resistance Indicates potential for higher prices. - **Retest of resistance as support Confirms strength of the move if support holds. - **Good volume on retest: Adds confidence in the bullish move. - **Bullish expectation Likely continuation of the upward trend. This combination forms a high-probability bullish setup in technical analysis. #cnxit #itsector #nifty
NSE:CNXITLong
by Sateesh07
TechM looks like Head and shoulder in formation!This chart presents a classic Head and Shoulders scenario, which traders should watch closely for confirmation. If the right shoulder forms and the price breaks below the neckline, it could signal the start of a bearish trend, providing an opportunity for short sellers. On the other hand, if the price breaks out above the current resistance, the bullish trend could continue. In essence, traders should be prepared for both outcomes by monitoring price action around the neckline and key resistance levels while also factoring in volume and other indicators to confirm the pattern's validity.
NSE:TECHM
by TradePatternsLikePro