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Continuationpatterns

HWC - LongThis is a weekly candlestick chart of Hancock Whitney Corporation (HWC) listed on NASDAQ. The chart is showing a Cup and Handle pattern, which is a bullish continuation pattern often seen before an upward breakout. Let’s break it down step by step: 🔎 Pattern Analysis Cup Formation (Left Side to April 2025) The chart formed a large round bottom (cup), which reflects a gradual decline followed by a steady recovery. This signals accumulation by smart money (big investors quietly buying at lower levels). Handle Formation (June–August 2025) After the cup, prices consolidated slightly downward and sideways, forming the handle. This is the last stage before a breakout, essentially a "pause" before buyers take full control. Breakout Zone (63 level): The neckline (or breakout level) is around $63. Price has just broken above this neckline, confirming the bullish pattern. 🎯 Price Target Projection The height of the cup is around $18.43 (41.73%). Adding this to the breakout point ($63) gives a target of around $81. This is marked on the chart as the Target zone. 📉 Stop Loss (Risk Management) The suggested Stop Loss (SL) is set at $56.94. If prices fall below this, the bullish setup would be invalid, so risk needs to be controlled. 🔔 Key Takeaways for Members ✅ A bullish Cup and Handle breakout is visible. ✅ Breakout confirmed above $63. 🎯 Upside Target: $81 📉 Stop Loss: $56.94 ⏳ This is a weekly timeframe, so it may take weeks/months for the target to be achieved. Patience is key. ⚠️ Disclaimer: This explanation is only for educational purposes, not financial advice. Always do your own research and manage risk before making trading decisions.
NASDAQ:HWCLong
by PowerOfTA
Bearish ADA/USD Trade Idea: Downtrend Continues1. Market Analysis: The ADA/USD pair is currently in a strong downtrend. A downward-sloping resistance line is clearly visible, highlighting the continuing pressure on price. The pattern forming is a descending triangle, which is typically a bearish signal when the price breaks below the lower support level. 2. Entry Point: Our entry point is at 0.8292. This is based on the price action within the triangle pattern, as the market is struggling to break the resistance and is testing the lower boundary multiple times. A breakdown below this level is anticipated, continuing the bearish momentum. 3. Stop Loss: The stop loss is set at 0.88768. This level represents a recent swing high within the triangle pattern. If price moves back above this level, the trend reversal could be signaled, so it’s crucial to manage risk with this stop. 4. Target: The target price is set at 0.74165. This is a key support area, previously tested, and the price action indicates that it could act as the next major level of demand. This aligns with our trade objective of riding the trend toward the next significant support. 5. Rationale: The descending triangle is a bearish continuation pattern, and the breakout below the lower support confirms the downtrend. Volume has been decreasing as the price approaches the triangle's apex, a common sign that the market is getting ready for a breakout. The overall trend is bearish, and this setup aligns with the prevailing market sentiment. 6. Conclusion: This trade idea is based on a well-formed technical pattern, with clear entry, stop loss, and target levels. By entering at 0.8292, setting a stop loss at 0.88768, and targeting 0.74165, we are positioning ourselves to profit from the continuation of the current downtrend in ADA/USD. Make sure to monitor price action closely, as any deviation from the expected pattern might require adjustments to the trade.
DELTAIN:ADAUSD.PShort
by Crystal_0404
BALUFORGE - Is it time for the Surge? Technically, this is a continuation consolidation. Usually Wave 3 which is about to start is considered to be the longest. So fingers crossed🤞. Balu Forge Industries Limited is a leading Indian company that manufactures crankshafts and other forged components for various industries. The company was founded in 1989 and has since expanded its operations to become a preferred supplier of crankshafts to OEMs in India and around the world. The forging industry plays a crucial role in supporting various sectors, including: Automotive: Forging is used to manufacture critical components such as crankshafts, gears, and axles. Aerospace: Forging is used to manufacture lightweight, high-strength components for aircraft and spacecraft. Energy: Forging is used to manufacture components for wind turbines, hydroelectric power plants, and nuclear power plants. Construction: Forging is used to manufacture components for heavy machinery, such as excavators and bulldozers. Balu Forge caters to these sectors by manufacturing a range of forged components, including crankshafts, gears, axles, and other critical components. In terms of market position in India, Balu Forge is a leading player in the forging industry, with a strong presence in the automotive and aerospace sectors. The company has a market capitalization of around ₹8,962 crore.
NSE:BALUFORGELong
by CannySunny
3
SHILPA MEDICARE : Breakout Candidate - Swing Pick#SHILPAMED #breakout #chartpattern #vcppattern #trianglepattern #continuationpattern SHILPAMED : Swing Trade >> VCP pattern Visible >> Ascending Triangle Pattern which is a Continuation pattern >> Trending Setup >> Good Strength & Volumes >> Low Risk High Reward Trade Swing Traders can lock profit @ 10% and keep trailing Note : In the Current market scenario, Setup's can fail easily so Trade only best Setups with Good Risk Management and proper Position Sizing Disclaimer : This is not a Trade Recommendation, Charts shared are for Learning Purpose. Do not take Positions without consulting ur Financial Advisor
NSE:SHILPAMEDLong
by moneyfesttrading
1
Dixon TechAfter a good consolidation period the stock is ready to give breakout. one can start accumulation. Also entire IT sector is starting to move which can lead not only pump in IT stocks but also a good moment can be expected. Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:DIXONLong
by stockartx
Bullish flag pattern reversal in TATACHEM.TATACHEM Key highlights: 💡⚡ 📈 On 1D Time Frame Stock Showing Reversal of Bullish flat Pattern . 📈It can give movement upto the Reversal target of 1190+. 📈There have chances of breakout of Resistance level too. 📈 After breakout of Resistance level this stock can gives strong upside rally upto above 1375+. 📈 Can Go Short in this stock by placing stop loss below 1120 or last swing low. 📈 After breakout this can give risk:reward up to 1:3+.
NSE:TATACHEMLong
by TradZoo
JASH: Inverse H&S Continuation Inverse Head and Shoulders Continuation: This pattern forms in an extensive upside rally. It consists of a left shoulder, a head, and a right shoulder. At the end of the left shoulder, a minor correction takes place on the upside which happens on the low volumes comparatively the starting of the left shoulder. After this again a down move can be seen on large volumes forming a head having its bottom is below the left shoulder following an upmove correction on lower volumes & completing the head. The completion of the head must be above the top of the left shoulder. If the prices rise above the top of the left shoulder then too this pattern remains intact. In the end, the right shoulder is formed usually on smaller volumes comparatively the previous two rallies. Now if you connect the tops of the left shoulder, head & the right shoulder there will be a formation of the ‘Neckline‘. This line will act as a decision line. If the prices break this neckline & give closing above the line, this will be the confirmation of the breakout of the Inverse head and shoulders pattern. However, it has been noticed that after breaking of the neckline the prices again attracted towards this neckline. We say this phenomenon as a retest of the neckline which will add some more confidence while trading this pattern. After retesting if the prices again start rising, this will be the final confirmation of the up move as shown above. The bookish target of this pattern is taken as the vertical price range from the bottom of the head to the neckline & the bookish Stop loss should be the bottom of the right shoulder. However this stop loss can be big, so it is advised to keep a stop loss of 4-5% of the price range below the neckline. TRADING STRATEGY: Buy on cmp add on dips & look for the target of 945 and above in the coming weeks. Maintain SL of 665
NSE:JASHLong
by TradingSutra