Double Top or Bottom
Engineers India offers good RR from this price level. -Good RR setup.
-Bouncing from a support level with Volume.
-Formed a bullish engulfing candle.
-Broke out of Trendline.
-Double Bottom at support level.
Overall, it's good for a swing.
This is not a Buy/Sell Recommendation. Please do your due diligence.
Risk- 15.4%
Reward: 29.8%
RR- 1:1.9
ADFFOODS - Double Bottom Pattern Breakout on Daily ChartADFFOODS - Double Bottom Pattern Breakout on Daily Chart
After giving a good rounding bottom base breakout, the stock is moving up by forming some patterns like Darvas Box pattern and Double bottom pattern.
Currently, it has give a double bottom breakout with massive volume indicating more possible upsides.
Are You Ready for a Major AVAXUSDT Move?Yello Paradisers! 👋 AVAXUSDT is at a critical juncture, and it’s essential to stay focused.
💎Currently, the AVAXUSDT is trading within a descending channel, but we’re seeing the potential formation of a bullish W pattern. This is where things get interesting.
💎If AVAX breaks out and closes a candle above the resistance zone, it will validate the W pattern, significantly increasing the chances of a bullish move. 🚀
💎On the other hand, if we see a pullback, the support zone could give us a double-bottom pattern. But we’ll need confirmation from a Change of Character (CHoCH) toward a bullish market structure to give us confidence in the reversal.
💎However, if the price breaks down and closes a candle below the support zone, our entire bullish scenario will be invalidated.
🎖The key here, Paradisers, is patience and discipline. Remember, only the best, highest-probability trades are worth taking. Stay sharp, follow the price action, and make sure your strategy is in place. That’s how you stay in the winner’s circle.
MyCryptoParadise
iFeel the success🌴
Lido DAO Long-Term analysis, getting profit of +540% ROILido is currently trading within sideways waves and has recently breakout above a trendline within these waves. This indicates a potential uptrend. The first target is the top of the sideways wave at $3.45 USD, which also acts as a resistance level. Reaching this target could yield a potential profit of +181% percentage ROI. If the market closes above or breakout of this first target, a more significant price movement could occur, potentially reaching the second target of $6.325 USD. This could result in a total potential profit of +540%. Good luck.
Double bottom reversal with bullish engulfing candle in TitanNSE:TITAN A double-bottom reversal from the 3120-3140 level can be bought and the target can be achieved at 3750-3800. A bullish engulfing candle has been formed in the weekly time frame confirming the reversal.
A stop loss to 3150 or a closer swing is advisable. The risk-to-reward ratio can be managed at 1:4.
Swing / Positional Opportunity in Star HealthGo Long @ 598.5 for Targets of 640, 697, and 750 with SL 573
Reasons to go Long :
1. On weekly timeframe stock gave Trendline breakout (marked with green color).
2. If we draw Fibonacci retracement from the recent swing low to the swing high then the stock took support from the 0.382 Fibonacci level.
3. In addition to this, the stock formed a Double Bottom (W) pattern (marked with a black dotted line) around 0.382 Fibonacci level.
AXIS BANK DOUBLE TOP UNDER FORMATION AND NEAR BREAKDOWN Axis Bank Ltd. Double top or Trendline and consolidation breakdown
to keep on radar
Will it survive and sustain above its support ?
or
Will it Breakdown and slide further down
Lets see how it evolves further
Other points of consideration are
1. RSI on daily taking support at 40 levels
2. Narrowing Bollinger bands forming a rectangular consolidation on daily charts with price trading near lower Bollinger Bands
3. Price slide below lower bands and RSI sliding below 40 on daily chart will make the stock further weak
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
ABFRL consolidation breakdown to keep on radarAditya Birla Fashion and Retail Ltd. another consolidation breakdown to keep on radar
1. Price made false / failed breakout of the consolidation zone earlier
2. Price now made a consolidation breakdown on weekly chart
3. RSI on daily chart below 40
4. Double top visible on charts
5. Cypher Pattern under formation on weekly chart
Lets See How it Evolves.
Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to take some position with my own Risk Reward matrix.
Shilpa Medicare - ATH BreakoutShilpa Medicare has given a ATH breakout and is looking very strong for a good upmove of 50%+ returns. Other factors:
1. Stock has given a Double Bottom Pattern as well and which coincides with ATH breakout.
2. Even in recent stock market turmoil, the stock has sustained and looking very strong.
3. Fundamentally, it has rising top-line and bottom line from last 9 quarters.
4. Its last TTM is the best.
5. Lot of developments are happening - green field plant is on track, tie-up with Europe's No. 1 company.
6. Both RSI & MACD on monthly time frame are positive
Cleaneasycharts provides weekly stock recommendation which ticks both fundamental & technical parameters. We provide Right Stock at Right Time at Right Price !! Keep following @Cleaneasycharts.
Cheers!!!
ICICI Bank. Short Swing Below 1200. Targeting 1060.ICICI Bank looks weak on Charts after having Given a Great Run.
Reasons to consider Shorting below 1200
Technicals :
1. Rejection from fresh Weekly Supply Zone established around 1280.
2. Double Top in formation, to complete upon breakdown of 1200
3. Bullish Channel Breakdown
4. Bigger Parallel Channel Resistance Hit at ATH
5. Rsi Bearish Divergence on Daily Timeframe.
6. Breakdown of 50 and 100 DEMA
Options Data : Put Writers around 1250 1200 will unwind, triggering sharp down move.
TP1 : 1170 ( 200DEMA, Minor Demand Zone territory, 1.0 of Trend based extension)
TP2 : 1100 ( Major Demand Zone Territory, Nearing Lower Band of Parallel Channel)
TP3 : 1060 ( Point of Max Pain, Bulls will try to defend this level at any cost, upon failure to defend the 1000 1060 zone, would result in testing of 800)
SL: Weekly Closing above 1260.
BONDUSDT: Is This the Bullish Move We’ve Been Waiting For?Yello Paradisers! Are you ready to catch the next big move? Let's dive into BONDUSDT and see what’s brewing!
💎BONDUSDT has recently broken out of a resistive trendline and formed a W pattern at the bottom. This pattern is a strong indicator of a potential bullish move.
💎We need to see a breakout and candle closing above the resistive trendline & resistant zone. This will significantly increase the probability of a bullish move.
💎If a pullback occurs, we could see a potential triple bottom forming from the support zone. For confirmation, we need an I-CHoCH (Internal Change of Character) towards the bullish market structure, which will tilt the probability in our favor.
💎If BONDUSDT breaks down and closes candle below the support zone, this will invalidate our bullish outlook.
If you want to be consistently profitable, you need to be extremely patient and always wait only for the best, highest probability trading opportunities. Stay focused, patient, and disciplined, Paradisers! 🥂💪
MyCryptoParadise
iFeel the success🌴
Is SEIUSDT Poised for a Breakout or a Trap?Yello Paradisers! Is SEIUSDT about to make a major move, or are we looking at a potential trap? 📉
💎We’ve spotted a descending channel on SEIUSDT, typically a bullish pattern—but let’s not get ahead of ourselves. To confirm this setup and stack the odds in our favor, we need to see a breakout and a candle close above the resistance zone. Without this, it's all just speculation.
💎If the price pulls back, we might witness a potential bounce and the formation of a double bottom pattern—another bullish indicator. However, be cautious. This scenario is risky, especially for beginners, and it’s best to stay on the sidelines unless you’re an experienced trader.
💎On the flip side, if SEIUSDT breaks down and closes below the demand zone, it will invalidate this entire idea.
Remember, discipline and patience are your best allies in trading. Don’t jump the gun—wait for confirmation before making your move. Stay sharp and focused, Paradisers!
MyCryptoParadise
iFeel the success🌴
EGLDUSDT: Breakout Imminent or Breakdown Risk?Yello, Paradisers! Is EGLDUSDT gearing up for a big breakout or are we in for another setback? Let’s dive into the technicals to see what's at play.
💎EGLDUSDT has recently formed a descending triangle pattern accompanied by bullish divergence, showing promising signs with a W-shaped bounce from the support zone. But here’s the key: if EGLDUSDT can break above the resistance trendline of this descending triangle and breach the immediate resistance zone, the probability of a significant bullish move rises sharply.
💎However, we can’t ignore the possibility of a retracement. In such a case, it’s wise to watch for a bounce from the support zone. To confirm this potential move, keep an eye out for a bullish I-CHoCH (internal change of character) in lower time frames—this will increase the odds in our favor. It’s also essential to monitor BTC’s price action for added context and better strategic decisions.
💎On the flip side, should the price break down and closes candle below the support zone, it would invalidate our bullish thesis. In this scenario, patience is key—it’s best to step back and wait for clearer price action before re-entering.
🎖 Remember, disciplined analysis and strategy make all the difference. Stay sharp, Paradisers!
MyCryptoParadise
iFeel the success🌴
Is BELUSDT on the Verge of a Bullish Breakout?Yello, Paradisers! BELUSDT is showing bullish signals with a clear Change of Character (CHoCH) and Break of Structure (BOS). Currently, it's approaching a significant resistance trendline and has formed W pattern, both of which heighten the chances of a bullish move.
💎If BELUSDT breaks above the resistance trendline and zone, closing a candle above these levels, it would confirm the W pattern. This would significantly increase the probability of a sustained bullish movement.
💎If we see a retracement, we expect support to hold, potentially providing a bounce. However, to strengthen the bullish case, we'll be watching closely for a bullish Internal CHoCH (I-CHoCH) in this zone.
💎However, If BELUSDT breaks down and closes a candle below the support zone, our bullish outlook would be invalidated. In this case, it would be wiser to wait for a more favorable price structure to emerge before making any moves.
Patience and discipline are essential here. Watch for confirmation signals at these levels, and remember that waiting for the right price action can make all the difference between success and failure in this market.
MyCryptoParadise
iFeel the success🌴






















