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Channelpatterntrading

Bitcoin Reached Target, Achieved Profit of +50% ROI, Woo Hoo#BTC For those looking to Book Profit in Bitcoin, now is the right time, as Bitcoin Reached the Target of Top of the Channel Pattern. GOAT moment (Greatest of All Time) in my Bitcoin Analysis, Achieved +50% ROI. Bitcoin Analysis Chart 2 : Bitcoin Analysis Chart 3 : 1. In the first image, Bitcoin is approaching a Breakout of the Trendline. If a Breakout occurs, Bitcoin is expected to reach the 0.5 Fibonacci level, then continue its uptrend and eventually break above the Channel Pattern. 2. In the second image, Bitcoin has reached the 0.5 Fibonacci level, and the market has continued its uptrend as anticipated above. 3. Bitcoin Breakout the Channel Pattern. I want to Help People Make Profit all over the World. Follow and Support me to help continue my Efforts.
BITSTAMP:BTCUSD
by SasikumarMani
Bangkok Bank, Next Target is the Channel TOP, Gain +78% PROFITBangkok Bank has been Trading within a Channel Pattern for the past 24 years. A Rising Wedge Pattern formed within the Channel, and last year, it Breakout of the Wedge Pattern and Reached its Target. The market is now continuing its Uptrend, with the NEXT TARGET being the Top of the Channel Pattern, around 280 THB, although this may vary depending on the timing. Take advantage of this Great Opportunity to Earn a Potential Profit of +78% ROI. As this is a Long-Term Analysis, it's important to follow Trend continuation techniques. I want to help People to Make Profit all over the "World".
SET:BBLLong
by SasikumarMani
APOLLOTYRE Bears Getting Ready to Roll it Down!!!!!Chart pattern looks prudent and paving way for the above titled short view REASONS 1. Apollotyre has been trading inside the Expanding Triangle ( shown below - Monthly wholesome view ) 2. Now, it seems it has finished the upswing move and ready for downswing inside the channel . 3. Weekly time frame shows the Ascending channel in which it is travelling smoothly respecting the levels. 4. Shooting star weekly candle at the perfect trendline resistance adds probability to the Short view 5. Strong DAY close above the shooting star candle can be the perfect stop loss(if entering now- bit high risky) & Target levels too mentioned as bright dashed green lines . 6. This is a long term view. ...it needs to breakdown out the purple trendline(which we can expect in next few days) and then out of the yellow channel 7. Breaking down out of the Yellow channel can be the confirmation for less risky entry. Remember, Apollotyre is one of the Most volatile FnO stock (more than twice of nifty) and we can expect the same nature in future too will update as it moves!!! NOTE- Just Sharing my view...not a tip nor advice!!!!
NSE:APOLLOTYREShort
by mmjimm
UPL Bearish way ahead ??!!!!Chart patterns convincing me to publish this above titled opinion REASONS 1. UPL has been trading inside an Expanding Triangle pattern(10 year- from 2013) taking support and resistance at perfect levels till now. 2. Currently it is under the down swing move inside the pattern 3. Pink trendline from 2020 acting as support, Bears trying to get break that trendline ( June 2022 (1st time), Oct 2022(2nd try), now Dec 2022(3rd try)). 4. During the june 2022 and oct 2022, weekly candle broke that line(with wicks), but low didn't get tested and bulls took charge. 5. But, now the Breakdown candle(19 dec weekly candle) is more alike BEARISH MARUBOZU candle with LOW TESTED!!!! 6. This may be a sign of Bearish way ahead!! 7. In the Daily time frame, its been travelling in a channel pattern and respecting it too and currently an inverted cup & handle like pattern too formed in verge of a Breakdown!!(shown below) 8. It is better to not to Go long even if you don't short now!!! 9 . Strong day close above the 775 will pave way for weakness in Bears approach!! If the stock goes as per levels shown, fib 0.382 , 0.5 can be the Target levels ahead!! In the short term, we can have SL - day close above 738 and Target as 680 Let's wait and watch, how it is going to move!!! Note - Just Sharing my view....not a tip nor advice!!!!
NSE:UPLShort
by mmjimm
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OBEROIRLTY Soon to see a DOWN MOVE ???!!!Chart pattern insist me to go with the opinion titled above Reasons 1. Oberoi realty has been respecting the channel pattern. 2. Now, it has given BREAKDOWN on Weekly timeframe out of 2.5 year old Trendline support!! (Channel too breached) 3. Volume too seen supportive for the down move. 4. Day candle closing out of the blue trendline will make our exit (STOPLOSS) 5. Target and SL mentioned in the chart. 12% down move awaits as per levels...Let's wait and watch how it moves!!!! NOTE : Just sharing my view....not a tip nor advice!!!!
NSE:OBEROIRLTYShort
by mmjimm
INDHOTEL Down to its 2 Year old support ??!!!!Chart pattern does pave way for the above titled opinion Reasons: 1. INDHOTEL has been trading inside an Ascending Channel pattern for the past 2 years , taking support and resistance at perfect levels till now. 2. Currently it is going through the Downswing move(in the form of descending channel pattern forming lower high and lower lows) inside the major ascending channel . 3. Weekly time frame chart below 4. Target & SL levels mentioned @ chart 5. Entry can be made after hourly breakdown out of the white trendline as shown below Let's wait & watch, how it moves!!!! Note- Just sharing my view....not a tip nor advice!!!!
NSE:INDHOTELShort
by mmjimm
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
NIFTY moving in a DESCENDING CHANNEL Pattern ?!!!In 1hr time frame, Nifty is travelling in a descending channel pattern (as shown in chart) . If the next hourly candle breaks down out of the yellow trendline, we can go short!! 18000 being psychological support, we can increase our quantities after 18k breakdown!! Seems like Nifty is respecting the channel , Let's see how it moves!!! Target and SL levels mentioned @ chart!!! Note- Just Sharing my view...not a tip nor advice!!!
NSE:NIFTYShort
by mmjimm