The Stock Has completed double bottom formation and has breached the long Resistance, There are Chances of strong Uptrend and i would recommend you to go for this trade if you find it good!
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As this stock has retraced at 61.8% from its low, this can act as strong resistance for the stock. For...
Looking at the fall in NIFTY today, which was quite predictable. it looks like this can be a trend to create a W pattern or a Double bottom.
To finish this pattern NIFTY might come down in coming 1-2 weeks, that's up to 31st March, 2020.
Once the double bottom is completed, we can see a great rise in the Indian Market.
Lets hope for the best.
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ACC has formed a double bottom pattern at 1175 and also broken trendline on Friday. If tomorrow ACC and Nifty open on a positive note then ACC can go till 1210 and even touch 1240 if sentiments are highly positive for the coming 2-3 days. Also, watch out for support and resistance levels you can plan breakout trades if these levels are broken.
Please Note - All...
as expected last week we saw eurusd breaking that huge H&S on the H4 chart resulting in a fast movment t
now we see a continuation of the pattern
1- H&S target have not been achieved yet
2- We have a double bot formation on the daily
3- big buying sentiment next to the breakout level
Great buy opportunity on EURGBP
After a huge decline we finally start to see some indications of trend reversal
- The price broke the lower tunnel trend
- Price retested after breakout and seems to be holding
- we see now a potential double top setup on he hourly time frame before it bounces back again and keeps raising
TP1 range for short term trade buy...