Double Bottom Breakout is followed by 3 Doji candles. This can move violently once the price goes over 47.5.
Persistent Systems Stock after forming Double top Pattern and now looks week Stock trading at its support levels and looks week If market trend will be like this then Stock can give breakdown below 3650 level. Keep Short term targets of 3575 & 3465. Also take short Positional only if stock gives a day closing below 3650 levels Keep Trailing Stop loss to...
EURAUD Sell Trade Opportunities EURAUD Breakout H4 support trend line and also double top on H4 is a very good opportunity to take a short trade here with stop loss above the resistance area "Always trade with Stop Loss"
ANDHRA PETROCHEMICALS LTD is ready for uptrend. After been in a downtrend for almost a year, this stock is ready to move up from here on. Recently this stock has formed double bottom pattern and has broken the neckline of the same. Huge volume is clearly seen at the time of breakout. Now that all stocks in this sector are moving higher, this is also ready. Swing...
My observations are mentioned on the chart. happy to hear views on comments. This is for educational purpose only.
are we looking at continuation of double top pattern in NIFTY ? did we just witness only a minor pullback before the downtrend continues ?? Has NIFTY corrected enough ?? or Hasn't ?? will we really see the NIFTY below 15K levels..?? There are no answers with any certainty.
Be Cautious #doubletop #Pattern (trend reversal ) at #IEX weekly chart. A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior...
Be Cautious #doubletop #Pattern (trend reversal ) at #FLUOROCHEM weekly chart. A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two...
Be Cautious #tripletop #Pattern (trend reversal) at #redington weekly chart. What Is a Triple Top? The triple top is a type of chart pattern used in technical analysis to predict the reversal in the movement of an asset's price. Consisting of three peaks, a triple top signals that the asset may no longer be rallying, and that lower prices may be on the...
TCS if breaks down can easily lose 1000 points Clean double top and pullback forming a lower swing low
it has formed double top with bearish divergence, it can fall upto support trendline. which is 15% below from current levels.
Be Cautious #doubletop #Pattern (trend reversal ) at #BOROLTD weekly chart. A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior...
This is a strategy to trade in Nifty and Bank Nifty. One can look for the setups as described in the video and go long or short as per the setup.
hello everyone Rain is formaing a W pattern on daily time frameand there is a good long bulidup with good volume so one can add rain industries at 177 or at W PATTERN breakout for more conformation....
SHAKTIPUMP is has been in a downtrend for a long time. Now it has formed double bottom pattern on its strong weekly horizontal line support. Also is forming a bullish hammer candlestick pattern on weekly support line. This suggest that there is a strong demand for this share around this level. The stock has closed above the neckline of double bottom in hourly...
ACCELYA Solutions Ltd. A small cap IT company catering to Airlines & Tourism Industry. Toady it came up up with good quarterly results. Stock has been in a short-term downtrend. Now price has reached it's weekly support trendline. Also if we go back to MAY-JUNE 2021, we can see huge volume around this price. In daily time frame stock has formed a pattern similar...
On Weekly Set up Looks a very good set up but have to be patient as weekly breakout Take Entry above 641+ SL 608 Target trail all the way till 764 for final
Be Cautious #Doubletop #Pattern (trend reversal ) at #CDSL weekly chart. A double top is an extremely bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. It is confirmed once the asset's price falls below a support level equal to the low between the two prior...