Chart patterns insist me the above titled opinion.
Reasons
1. Muthoot finance has been travelling in a expanding triangle pattern from 2015.
2. Till now, its respecting the pattern by taking support and resistance at perfect levels.
3. Currently it is in downswing inside the pattern.
4. It may take take support at the Major support (GRENN LINE 800 LEVEL )...
Chart pattern insist me the above titled opinion
REASONS
1. DELTACORP is trading inside a expanding triangular pattern .
2. It is seen respecting the pattern till now.
3. Currently , it is in the upswing move(in white channel pattern ) inside the expanding triangle pattern.
4. DECEMBER 23 & 26 candles make the Bullish harami pattern at the perfect support...
Chart pattern does insist me to go with above titled opinion
REASONS
1. Bharatforg has been trading inside Expanding triangle and currently it is under its upswing move inside the major expanding triangle.
2. In Weekly timeframe, there is a Bullish Pennant formed and Breakout has happened it seems( volume not so good )
3. Target and SL mentioned...
Chart Patterns insist me to go with the opinion titled above!!!
REASONS:
1. Divislab has been travelling in a MAJOR Expanding Triangular pattern .
2. It's been travelling in a Descending Channel pattern(downswing inside the major pattern).
3. Soon the Stock may take support @ the major support.(Green line shown in chart).
4. There is also a GAP (occured...
Chart patterns convincing me to post the above titled opinion
REASONS
1. HEROMOTOCO has been trading inside a Expanding Triangular Pattern by Taking support & resistance at respective levels
2. Currently, it is going through the up swing move inside the pattern
3. 2022 November Monthly candle seems to be an INDICATION for RACING BULLS ARRIVAL(with high...
- Ascending Triangle Breakout At Lower Levels Which Was first Breakout Level.
- Expanding triangle formation and stock is breaking out of second breakout level.
USD/JPY
the price still in a correction and forming an expanding triangle in its last state we need to see the price fall to 111.6 then we can go long again
s1 114.30
s2 111.60
s3 110.80
r1 118.00
r2 121.00
daily macd and daily rsi is bearish with an extremely dangers divergence in both of them
looking to sell at the moment
National Aluminium formed expanding triangle Pattern. where I can see an opportunity to do a Long swing trade.
Please check the chart for details. Mentioned clearly about the support and resistance points (if applicable).
Chances for Long is high and short is low in my opinion.
I am learning as well. so please analyse the chart by yourselves before taking any...
Howdy Traders,
we already know that Triangle occurs in Corrective waves and Diagonal occurs in Impulsive waves.
Their are three type of Triangle
1)Expanding Triangle
2)contraction Triangle
3)barrier Triangle
Their are 2 types of Diagonal
1) Leading Diagonal
2) Ending diagonal
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This is the...
Om Namah Shivay
Brothers, Trying Elliott wave on Silver to find the market structure based on EW.
The structure is too early to confirm.
But a good learning and practice to make the future market structure before time. The structure of market always change and the prediction should be with time.
Starting counting directly from the top...
Rethink if you want to go long near 10400.
It should again test 10280 if sharp fall and close below 10310 on 15 min chart then 10280 then 10244 to fill pending gap post that up move .
