The German index is just 3% away from an all-time high strong outperformer against global peers. now at 15875, can move beyond the 16300 mark on the downside good as long as hold the 15250-15300 area
Bullish structure with Yen Index Shorts Buy above 166.600 for 168.800 shorter term before any shorts rest we will wait for the Monday London session moves for more clear
AUDUSD is bullish bias and in range on the H4 structure this week we will see proper breakout upside after correction
SBI Cards is forming a double bottom . But requires breakout The could take it to the swing top
USDCAD 1HR possibility long with 20pip sl high possibility trade
This stock has formed a pattern called Double Bottom, providing a target price for the intermediate-term in the range of 87-89. The price recently crossed above its moving average signaling a new uptrend has been established. It appears that the price of DBRealty has reached a low point and then rebounded, indicating a potential reversal of its downward trend...
Clarification of setup 1. candle closure on 7th feb and 14th march 2023 seems there is good support near 2720 levels and can be assumed as double bottom setup. 2. divergence has occurred between price and RSI , indicating short term bullish pattern . 3 entry, t1 and t2 has been marked in chart. Note for everyone who came across this study: This chart is only...
BUY - EXIDE INDUSTRIES CMP - Rs. 183 Target - 1: Rs. 212 Target - 2: Rs. 260 . . Technical - 1) Double Bottom Pattern (before breakout). 2) Bullish Flag Breakout 3) Targets have been set using previous swing highs and Gann Fan. . . Fundamentals - 1) The automobile batteries manufacturer has bought 24.80 lakh equity shares in Ulric Renewables, at a price of...
BUY - IRB INFRASTRUCTURE CMP - Rs. 26 Target - 1: Rs. 34 Target - 2: Rs. 40 Target - 3: Rs. 58 . . Technical - 1) Flat Base Pattern. 2) High Volumes in previous trading sessions indicating potential breakout. 3) Double Bottom chart pattern. 4) Positive breakout at first resistance, LTP>R1. . . ...
Double bottom chart pattern formation visible, with level of 720 acting as important support zone. Might see price consolidation zone between 907 and 1008, with momentum gaining ground once the level of 1010 is crossed. Currently, the structure looks good, with the price also above the 40 weekly moving average. However, always keep a stop loss of 5-8%. Note:...
Hello traders XAUUSD a Buy tread setup, don,t miss this chance good opportunity for you follow me on treading view for more ideas .../// thank you
Tells Me: It seems that the price of the DLF had reached a point where it couldn't break through a support level, but instead began to rise again, indicating a potential reversal towards a new uptrend. The Double Bottom pattern formed during a downtrend as the price reaches two distinct lows at roughly the same price level. Eventually, the price of Dlf breaks...
hi all, Nifty has made a wonderful W-Pattern we have 3 days holidays now... hope uptrend continues on monday or we may wee go back to test the neck line. Important Things 1. This is only for educational purposes only. 2. Never over trade. 3. Always keep Stop Loss. 4. Trade in limited quantity. 5. Taking a small loss is better than wiping up your capital. I...
The analysis is done on Daily + Weekly TF hence price may take few weeks to few months in order to reach the targets. Checkout the weekly chart as well here - Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my...
BALRAMCHIN:- Double bottom pattern is formed, wait for breakout of neckline, till then keep an eye on the stock Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to...
Tataconsumer breking out double bottom 200ema 750 big resistance educational idea only
Short in crude oil. Rejection taking from same level. If Crude oil took support from 6470 to 6434, then enter in long position not big target. If below 6434 than in bearish mode. Enjoy the trade
if open gap up Buy only when Nifty crosses hurdle 17430-17485 if not cross Short Nifty @17472 SL 17530 Target 17400-17360-17336 or in case if open gap down Nifty crucial support at 17200 Buy Nifty @ 17336 SL 17300 Target 17570-17670 CMP @17398 April 03, 2023 Chart by CA Savita Rehlan