Hi dear community and my loyal followers, I hope you are fine. I'm looking at weekly log chart of BTC. As you noticed from my previous analyses I compared 2022-2023 with 2015-2016 and not with 2019-2020 coz they are very identical. Taking into account this similarities I nailed any single move from the bottom of 2022/15.5K/ to the current moment /30K/. As you see...
ADANGREEN | RSI + Channel breakout - Potential for 30-35% CMP : 1226 (Dip : 1150) SL : 1100 Target : 1600 Almost 1:5 risk reward setup
SCHNEIDER | Trendline breakout - Potential for 30% (Technically people call this as "Megaphone chart setup) CMP : 126 (Dip : 120) SL : 110 Target : 160 1:5+ risk reward setup.
Megaphone Pattern in Havells is formed on a daily chart. This pattern is very rare to be identified, and arrows are self explanatory. Also watch video for a generic idea on how this pattern can be understood.
Short Infosys near 1600 Stoploss 1620 Target 1550 and 1510 Megaphone Pattern
* Breakout from Mega Phone chart pattern with high volume. Chart pattern details available in below attached link .
*Bullish Megaphone Pattern Breakout in BLUE STAR LIMITED . *How to made and trade this pattern all details are available below attached link . * Near breakout of megaphone chart pattern also made a inverted H & S pattern that shows the strength of this pattern. Kindly Let us Know if you have any Questions. Thank You
*Bullish Megaphone Pattern Breakout in Brigade enterprises . *How to made and trade this pattern all details are available below attached link . Kindly Let us Know if you have any Questions. Thank You
As shown in the chart, price closed above the resistance line of the ascending megaphone. Typically, this pattern gives downward breakout but in this bull run, it gave upward breakout. No matter, weather it is regular breakout or failure of pattern ...... close above breakout is there. target is near the magic figure Rs 100.
Expecting TVC:USOIL to go for a sharp correction. Harmonics 4-point & 5-point pattern helped identify a Potential Trend Reversal Zone, where bullish movement may end & trend may reverse. Got a terminal candle confirmation in the PRZ. Also, in a broader view prices formed a Broadening Wedge Pattern (a-b-c-d-e wave structure) which might possibly be...
BANKNIFTY 2H chart study - Megaphone
Copper hourly chart analysis - Channel and megaphone
CEATLTD megaphone bottom on hourly chart Short below 1140 OR buy after a close above the megaphone top.
The stock has nicely formed Broadening Top (Megaphone) Pattern and gave the breakout today. It has also broken the medium term resistance of 1274. Although it is trading above another resistance of 1330 but still a threat on the onward journey. One can use the setup to go long by providing a SL of 1310 on closing basis. Disclaimer : All stock recommendations and...
Gold (XAUUSD) has formed a megaphone top on hourly chart. We will take decision based on the price action which is going to unfold. Keep watching this space for more updates of targets and SL
The stock is in uptrend so one should follow the trend until it changes and try to enter long at appropriate level. The stock has formed a Broadening Formations and yesterday's Green bar and today's trading above it are indicating a potential long at this level. Stop Loss closing below the lower line.