A triangle breakout is a significant event in technical analysis, indicating a potential continuation or reversal of a trend. Here’s a concise overview: Types of Triangle Patterns Ascending Triangle: Characterized by a horizontal upper trendline and an ascending lower trendline. A breakout above the horizontal line is typically bullish. Descending Triangle:...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Nifty may take stoploss of all the bears before dropping down Buy nifty 25000 target 26500
Gold oscillates in a tight range after bets fade that the Fed will continue slashing interest rates aggressively. Support for Gold comes from increasing geopolitical risks and lower interest rates globally. Technically, XAU/USD begins a leg lower within a tight range. Gold (XAU/USD) edges lower to trade in the $2,640s per troy ounce on Thursday as it continues...
What I have seen: First price made a top at 7322 on 12th April 2024 Then formed a low of 6073 on 4th June 2024 Then the price formed a lower high of 7052 on 5th July 2024 Then the price made a new low of 6025 on 5th Aug 2024 Then the price made a lower high of 6736 on 13th Aug 2024 Then the price formed a lower low of 6020 on 21st Aug 2024 Then the price made a...
The EUR/USD is currently testing a strong demand zone on the daily timeframe, located around 1.1000 - 1.1050. This area has consistently acted as a key support level in recent price action, offering potential for a bullish reversal if market conditions align. Key Technical Factors: Demand Zone: The price is approaching the major support region after multiple...
BBTCL Triplewall- Self Invested 1) Strong Consolidation 2) Warning: Broke the Zone 3) May Hit HIGH from these zone or 197 level. Target 3000
We’ve got a breakout on our hands with Angel One Ltd! The yellow line in the chart is a counter-trendline that’s been rejecting price action multiple times. But now, we’re seeing some serious strength as the stock has blasted through it with authority. This signals a potential shift in momentum. Supporting this move is the green trendline, showing that the stock...
📈 Stock Name - Itd Cementation India Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 645. 🚨Disclaimer: This is not a Buy or Sell...
*Beardsell cmp 50.55 by Weekly Chart views since listed* - Old times 33 to 36 Support Zone Price Band - Old times 59 to 64 Resistance Zone Price Band - Weekly Support at 42 > 33 > 24 with Resistance at 64 > 77 > ATH 93.25 - *Heavy Volumes surge seen by demand based buying in the past 3 months * - *Bullish Cup and Handle pattern in completion stage by neckline...
Correction presents a possible buying opportunity near current levels, with long-term targets toward the upper trendline resistance. Volume spikes indicate increasing buyer interest.
After a marvelous performance in Q1 2024, with prices nearing $20, **Aptos price** faced a downturn in Q2, consistently hitting lower lows. However, in Q3, the $5 support zone helped stabilize the price, leading to a two-month consolidation period. In September, Aptos broke out of its Q3 range, showing signs of recovery. Currently, the **Aptos price** is...
According to Elliott Wave analysis, ONGC looks into last phase of its short term down move. After trending impulse, the stock is into Flat Correction. Wave C of Flat correction should have 5 moves in it. And we can see 4 moves until now. So we can say ONGC is in wave 4 of wave C of Flat correction. ONGC may go further down a little more to form wave 5 of wave C....
GBPUSD rising wedge breakdown in day timeframe MACD negative diversion
BTCUSD - I looking for Bullish Butterfly Supports are 60484, 60177. PRZ = 59052.
As per my view this will move like xabcd patterns will give good returns in long
I have made efforts in forecasting existing Pattern Termination i.e Wave A of Primary 4 as corrective pattern Then i have also made an Forecast for reaction wave as Indicated i.e Wave B of Primary 4 which will be in zig zag Pattern of 5,3,5 One these pattern confirm as per forecast I will look for Primary Wave 4 C wave Hope this gives an idea how the...