pic speaks a lot... but now only I have few words left.. here u go.... 1) a double top in 1W.. 2) 4hr a trend reversal is confirmed 3) 30 min a LH formed and started a fall.. hit 1st target. 4HR - target -- 1) 1.40082 (already hit the target.) 2) 1.39406 3) 1.38673 4) 1.38311 in WEEKLY...
THE SCRIPT IS IN UPTREND ON HOURLY AND 30 MINS CHART. IT HAS CREATED A DOUBLE TOP AND THE PRICE IS EXPECTED TO FALL ON THE TREND LINE. IF IT BREAKS THE TREND LINE THE GO FOR SHORT OTHERWISE WAIT FOR THE DOUBLE TOP BREAKOUT.
TCS has gradually formed Double Top which is slanted. Historically, double top has a bearish outlook. A reason which may prove extraneous and therefore may invalidate Double Top could be Q3Y20 results. If results surpass majority of expectations then TCS may bouce back
STBT IN INDIGO TRADE IN FUTURES CONTRACT 200-DMA RESISTANCE SHORT@1455 STOP@1470 TARGET@1420 LOT:300 QTY:3
Check the Double top breakdown. In last session it did break neckline of the double top. Target for this pattern is 250 but some support around 254, so we can take trade for 254. Keep in watch-list.
Double Top Pattern ( M ) Bearish Sign - LICHSGFIN
Double Top pattern spotted in Infy. Pattern is confirmed as price has fallen below the neck level. Thus the stock can be expected to fall to 720. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk...
Double Top pattern spotted in Bandhan Bank . Pattern is confirmed as price has broken below 532-542 range. Pattern suggests a target of 436 which is 18% downside.
TATASTEEL facing resistance exactly at fibonacci (513). Will it break up or will move in uptrend double top? If it breaks up target 535 If it moves down target 490
These are study notes for the free Babypips course. Based on this article: www.babypips.com Chart we're using is the infamous Bitcoin double top of late 2017. Notes: - Neckline is the resting place between the first top, and the second, failed 'run up' - When the 2nd run up fails, that indicates that buyers are exhausted - Notice the indecision doji, near...
Double top formation in near strong resistance. SL is Nov-18 top 375.30
INTRA-DAY SHORT IN HAVELLS HOURLY CHART FORMED A DOUBLE TOP A CLOSE BELOW 669 ON HOURLY CHART WILL ENSURE RANGE BEWTWEEN 670 TO 685 IS BROKEN NOV FUT SHORT@669 STOP@674 TARGET@660 LOT:1000 QTY:2
Two possibilities (zones) arise from the chart – • Buy • Sell BUY ZONE: i. As FLAG completion is observed, the stock should move upwards. ii. While moving upward it can face resistance around 133.95 to 135.75 due to formation of Double Top and 618 level. iii. If it breaks above then it can move up to 146.40 to 152.00 SELL ZONE: i. If the stock move gets...
Everything explained on the chart... Education Purposes only..