BYBIT:BTCUSDT BTCUSDT : Descending Channel Pattern : Descending Channel. What is Channel Trading? When trading a channel, you use parallel lines connecting the swing highs and swing lows of a market’s support and resistance. The most common method to mark a channel is by using trend lines. The swing highs that are marked by the trend line known as the ...
Kotak bank - Breakout or breakdown.? Descending Triangle.. Strong supply zone and consolidation.. Will wait for either side to retest. 300 Points - potential This is not a recommendation.. Just for learning purpose..
Chart enough to say about target and SL, MRF is hovering with a good base since months
price is under 50 and 200 ema breakout candle has above average volume getting rejection from Triangles base
HCL tech making descending triangle pattern in 15M chart. Breaking this pattern can give a good breakout either side, probability of breakout is upside and i can easily break its previous high of 1072. Reasons of breakout : 1. It had broke its 1045 level on 5 august which was a resistance and being tested on 15 jan, 8 apri & 25 july. 2. Making a descending...
Apollo Hospitals has break out his support level. Sellers can take trade. Target and SL have been mentioned in the chart itself.
USDSGD has been forming lower highs and lower lows within the Descending Broadening Wedge Pattern, since 9th December. After testing the upper trend line for the fourth consecutive time, prices registered a breakout and have sustained above the pattern. Moreover, the formation of Three White soldiers candlestick pattern, confirms the potential uptrend in the pair....
Tata Power for Intraday for 19 August 2020 NR7 candidate Narrow CPR 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. Thank you Have a Nice day!!
The sector (pharma sector) as a whole is in a consolidation. A breakout can give a huge up/down trend. Look into other pharma stocks to verify statements. 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. Thank you Have a Nice day!!
BTC Symmetrical Triangle can Breakout or Breakdown ? It will move in either direction , but smart margin trader will earn very handsome income in either case. So this is my advise to take advance orders according to levels as per my opinion. This is not financial advise, profit and loss is yours.
PNB is forming a Descending Triangle, look for opportunities as specified on chart. Entry : 91.5 - 92 Range (Take Stance after getting a strong closing below given range) Stoploss : 2.5% (Closing Basis) Basic Target: 89 Optional ways : Derivatives are best case as expiry is just 7days away. if you have any queries regarding above idea or...
Unitech Ltd. is in a consolidation for a long time now. A triangle pattern called 'Descending Triangle Pattern' is forming on the 4 Hour time frame. Although, the text book definition of a 'Descending Triangle Pattern' is that the price usually break to the downside, however, that's not always the case. Also, the RSI shows divergence + there is also an ongoing...
Descending Triangle on PNB. NOTE: This chart recommendation for positional, not for an intraday. Trade: Short below - 139.00 Target 1 - 136.80 Target 2 - 134.50 Stop loss - 142.40 Risk : Reward => 1 : 2 Reward Points - 4.5 Risk Points - 2.5
Descending Triangle on Nifty. On my study, nifty 8060 looking good support and if break the level and as well triangle, to continue the fall till 7935.