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Bullish Patterns

Possible C-Wave; Short term Elliotical Approach to EURUSD. Hello Traders! 1. We see a 5-wave move down, a clear impulse; then Wave A breaking into 5 parts, and then a clear Wave B breaking into further 3 parts. 2. We see a running triangle variation forming as shown in the chart and then a 5-move impulse down. Image attached. 3. A 5-move wave up can be clearly seen on the chart in the 15-minute timeframe. That will be our 1st wave. 4. Target can be anywhere between 100% of Wave B and 161.8% of Wave A. That gives us the complete green zone. 5. I've already talked about irregular correction quite in depth in the BTC idea I published recently. The link will be attached. Do use proper risk management. Happy Trading! Profits, Market's Mechanic.
Long
by UnknownUnicorn27677748
DELTACORP Out of Bears control ??!!!Chart pattern insist me the above titled opinion REASONS 1. DELTACORP is trading inside a expanding triangular pattern . 2. It is seen respecting the pattern till now. 3. Currently , it is in the upswing move(in white channel pattern ) inside the expanding triangle pattern. 4. DECEMBER 23 & 26 candles make the Bullish harami pattern at the perfect support level .(with volume spike) 5. 238 is the resistance level( Breakout of the yellow trendline) to cross for the expected up move !! 6. Target & SL mentioned in the chart. There may be swing inside the white and yellow line before breakout. Let's see!! Day closing below 185 - Strict SL . In the chart , I tried to show the broader (Monthly timeframe) view ( in the form of a snapshot ) .....Hope it helps....if confusing, feel free to ask!! Let's wait and watch how it moves!!! Note - Just sharing my view......not a tip nor advice!!!
NSE:DELTACORPLong
by mmjimm
Monitor IOC on 2H Chart for an opportunity of Swing TradeTechnical Analysis on 2H time frame. Figure 1 1) I use EMA of 20, 50, 100 and 200 periods. 2) The moving averages are contracted in a very symmetric way. 3) The 20, 50 and 100 ema lines are almost on the same level. 4) The resistance comes on the level of 81 Figure 2 1) On 17 Feb we got the breakout of the triangular pattern. 2) The price tested its resistance of 81 but failed to give the breakout. Figure 3 1) Bollinger bands are squeezed and a long pipe-like structure is formed. 2) The upper band is on the level of 80.65 Conclusion: - Wait for the breakout of the resistance 81. The overall structure of the stock looks very promising. We only need to monitor it regularly so we do not miss the opportunity. Thanks Er. Simranjit Singh Virdi
NSE:IOCLong
by ssvirdi
2
Why I selected IGL for Swing Trade on 4H time frame.IGL looks bullish on 4h chart. Technical Analysis: Candlestick Chart: - Breakout of Triangular pattern. - Breakout of Resistance at 436. - EMA 20,50,100,200 + Moving average lines expanded. + All moving average lines are arranged according to their position. Renko Chart (Brick Size = 5) - 4 Bricks are printed + First 3 bricks formed the base zone. + From the 4th brick it has entered in zone 1. Conclusion: We can take a long position from 430 to 440 with a stop loss of 415. Disclaimer: I entered at 435 on a Renko Chart with Brick Size of 5 and I keep the stoploss at 430.
NSE:IGLLong
by ssvirdi
5
IEX looks good for Swing Trade on the Daily Chart.Technical Analysis Figure 1 1) Bollinger Band squeezed and formed a pipe-like structure. 2) Breakout of the upper band. 3) RSI > 6 4) MACD Bullish Crossover and histogram gives the buy signal. Figure 2 We use Exponential Moving Averages of 20, 50, 100 and 200 periods. - The averages are expanded. - The price is testing its 100ema - The overall structure looks bullish and the price can test its 200ema which is at the level of 155.75 Resistance - 153 Conclusion: The stock looks bullish. It can test the levels of 153, 155. Thanks Er. Simranjit Singh Virdi
NSE:IEXLong
by ssvirdi
BHARATFORG Ready for Upmove ??!!Chart pattern does insist me to go with above titled opinion REASONS 1. Bharatforg has been trading inside Expanding triangle and currently it is under its upswing move inside the major expanding triangle. 2. In Weekly timeframe, there is a Bullish Pennant formed and Breakout has happened it seems( volume not so good ) 3. Target and SL mentioned @ chart 4. SL(less risky) can be Day candle closing out of dark blue Ascending channel . 5. Pink trendline (884 level) seems tough and Day close above that line may confirm the bulls approach !!! Let's wait and watch how it moves!!!! Note- Just Sharing my view....not a tip nor advice!!!
NSE:BHARATFORGLong
by mmjimm
Renuka Sugars: Good price to enter from Long term perspectiveStock is at support levels. Buy at CMP and on dips towards 42. Important resistance around 63-68. Once crossed and sustained, the stock may head much higher.... Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:RENUKALong
by indiamarketoutlook