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Invertedflag

Godrej Properties -SELL Technically it is forming a lower high lower low structure which indicates that the stock is in downtrend and with this it is also facing a downward resistance trendline and this can be seen when the inverse head and shoulder formation was formed and it failed to break through the trendline and thus eventually created a false breakout. Thereafter we can see an inverted flag forming and achieving its target. Now it is forming a descending triangle pattern on daily chart and a head and shoulder on the weekly time frame both indicating downwards movement within this period. Thus taking a short positions is more favorable than long ones due their higher probability rate for success here according to these indicators with the 14 day RSI confirming the trend. A sell position can be taken with a daily closing below 1130 with a Sl of 1160 and a downside target of 1100 and 1070. Confirmation from other tools like Fibonacci Retracement levels & 14-day RSI provide additional support towards my assessment being correct; suggesting further confirmation before executing the trade
NSE:GODREJPROPShort
by vedgawkar
BTC/USDT-->INVERTED POLE & FLAG BREAKDOWNBINANCE:BTCUSDTPERP TECHNICAL ANALYSIS --> BTC/USDT had made a impulsive downmove earlier and was consolidating in a Inverted Flag Pattern since 3 months. --> BTC/USDT has given a breakdown from a INVERTED POLE & FLAG Pattern. Bitcoin Onchain Analysis -->during the consolidatiion of BTC/USDT in a Inverted Flag Pattern since 3 months. -->In this zone MPI, Miner's Inflow, SOAB(5-7yr,7-10yr,10y), Average Dormancy, CDD made huge peaks suggesting Long-Term-Hodlers booking Profits . --> for a detailed analysis you can check it out on my portfolio by clicking the link in the comment box. ENTRY --> Take a postion when it gives 1 HR closing below 39100. STOPLOSS --> SL =42100 TARGET --> Target 1 = 34100 Target 2 = 30100
Short
by Roswin-Fernandes
HCl tech | inverted Flag & stock is looking to take support 🎯⭕ Swing Trading opportunity ! Daily Chart Alert !!!⭕ --short below974.60 = or CMP --Target = 925 or trendline touch --Stop-loss = 1009 --R:R =1.39 --Expected Profit = ( 5% ) --Expected Holding = 15 days to 1 Months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕Technical Reasons to trade or Strategy applied :- ⭕ 1) hcltech has formed inverted flag O looks weak 2) it can possibly take trendline support to bounce back again 3) volume is good enough 4) simple method is applied here Guys check out the related ideas as well, it will worked really well !! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:HCLTECHShort
by ReviveTraders
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