Cup and Handle Pattern in Finolex Industries on Weekly ChartFinolex Industries has making good chart pattern on Weekly time frame.
Buy (Half qty) at 235
Buy (Full qty) at 250
SL at 200
Target 1: 280
Target 2: 305
Target 3: 350
Pennant
Bullish Pennant Pattern Good volume buildup in daily and weekly timeframe.
Bullish pennant breakout with volume buildup.
Election result also has impact in this breakout. Let see whether the breakout sustains of not.
If the current candle high gets broken can give opportunity.
NOTE: I do my analysis do your before trade.
ETH : 3 important patterns detectedETH : 3 important patterns detected
On the decline :
1- Rising Wedge The price can go lower to 56 000$
_______________________________
On the rise :
2- Falling Wedge : The price can rise to 4 144 $
3- Bullish Pennnat : The price can reach 4 892 $
_________________________________
To monitor :
- EMA.50 and EMA.200
- ICHIMOKU levels : Tenkan and Kijun
#BTC/USDT Primed for Breakout#BTC/USDT Technical Analysis: Two Potential Scenarios
Scenario 1: Symmetrical Triangle Formation
- **Current Pattern**: BTC/USDT is forming a symmetrical triangle, a common continuation pattern that usually indicates a period of consolidation before the price moves in the direction of the previous trend.
- **Upward Breakout**: If BTC breaks above the upper trendline of the triangle around $75,000, this could indicate a bullish continuation. Such a breakout would likely attract significant buying interest, potentially driving the price higher and grabbing liquidity above this key level.
- **Downside Risk**: Conversely, if BTC breaks below the lower trendline, the next major support level is around $61,000. This would suggest a bearish scenario where the price could decline further, testing this support level.
Scenario 2: Bullish Pennant Formation
- **Current Pattern**: BTC/USDT is also forming a bullish pennant, another continuation pattern that often occurs after a strong upward move. This pattern indicates a brief consolidation before the price continues in the direction of the prevailing trend.
- **Bullish Breakout**: If BTC breaks out from the pennant formation with strong volume and momentum, we could expect a significant upward move. The target for this breakout is around $85,000, based on the height of the initial flagpole leading into the pennant formation.
- **Confirmation**: For this bullish scenario to be validated, the breakout needs to occur with substantial volume, confirming the strength of the move.
Apollo Tyres - BIG MOVE !!!Apollo Tyres is trying to break the channel. Once it breaks we can expect the price to move to 750+. Other factors:
1. Apollo Tyres is an upward channel on a longer time frame and is doing a price correct on a shorter time frame.
2. Keep monitoring RSI, once above 60 will give a rocket move
3. MACD will improve as the price moves up
4.Best YOY performance
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!
ODFL / OLD DOMINION FREIGHT LINE INC | Bear Flag/Pennant PatternNASDAQ:ODFL (Old Dominion Freight Line Inc)
Engages in the provision of regional, inter-regional, and national less-than-truckload services through a single integrated, union-free organization.
Its services include container drayage, truckload brokerage, and supply chain consulting.
Stop Loss Price :- 184.40
Stop Loss Trigger Price :- 184
CMP
Entry Trigger Price :- 181.15
Entry Price :- 180.80
PFC - Pennant Breakout !!!PFC has just broke pennant set-up and ATH is 430. Once 430 is crossed, we can see a movement towards 550. Other factors:
1. Volumes have started picking up
2. MACD is getting positive
3. RSI is showing bullish signs
4. TTM revenue is highest ever, so is PAT
5. Given the Govt expansion plans, we can see PFC playing a major role.
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!
REC - Pennant Breakout!!!REC has shown pennant breakout. We can expect the price to move to 575-600+. Other factors:
1. Volume has started picking up again
2. RSI is bullish
3. MASD is showing bullish signs
4. Highest TTM revenue and profits
"Clean Charts, Easy Charts"
Learning & Earning!!
Cheers!!!
BPCL PENNANT BREAKOUT WCBBPCL breaking a pennant #weekly
with good volume and rsi
#target 800 +
follow ur sl stricly
EDUCATIONAL IDEA
BTCUSD updateBTCUSD is in bearish pennant pattern in 1hrs TF. Considering the global cues we can expect further fall in BTCUSD till 54000 zone. Be cautious with trades.
TATA MOTORS: Bullish - Bullish Pennant detectedTATA MOTORS: Bullish - Bullish Pennant detected
On the rise :
A rising pennant has been detected and the price can go up around 1 108.
Plus we can reach the Gap around 1 018.
On the decline:
However we can monitor the EMA.50 ( pink) at 954, and the EMA.200 around 775.
Plus, for the purists of ICHIMOKU ( weekly) , we can go down to 843.
Watch the divergence with ROC, and the RSI to monitor also.
Be careful
Bulliesh pennant pattern create 200 ema above very good support 200 ema and wait for stay some day and best entry is when retest the and cross retest price company is good eps and growth show
Cyient DLM : Pole and Flag Breakout with good volumesStock is moving in Pole and Flag pattern.
Given a Good Breakout with good volumes.
retested the same flag upper trendline and
now moving again in the upper direction.
Stock can be added here for long term.
Disc: For educational purposes only.
Falling wedge or bullish flag pattern breakoutVolumes in daily and weekly timeframe significantly good.
After breakout significant volume build up on each candle and also broke all time high with good volumes.
Falling wedge or bullish flag pattern breakout successful.
NOTE: I do my analysis, do your before trade.
#Bitcoin still Bullish upto $77k-81k As per 4-hourly chart Pattern,
#Bitcoin still be into Bullish Pattern and soon it will be towards FWB:77K -81k approx. but it will be many chances it goes towards Upwards into Bumpy rides just like previous one with some Pump-Dumps and Manipulations with Liquidations..!
Lets see...
what's and when next Ride goes..
but, #DYOR always as well Trade with #StopLoss in Crypto or in CRYPTOCAP:BTC
as well,
Share, Like, Comments on their too...
Playing for short Term Buy above 270This is for Education purpose. Entry At your own risk. I am not sebi Registered.
Buying level above 270.
T1 - 300
T2 - 320
Tata Communications - Pennat Breakout!!!Tata Communications has broken pennant / symmetrical break-out and is heading towards 2700+ targets. Other factors:
1. Volumes are steady
2. RSI on weekly basis is on the verge of 60+, good bullish sign on higher time frame
3. MACD is also getting positive
"Clean Charts, Easy Charts"
Learning & Earning !!!
Cheers!!!
Ethereum Long Term Analysis!Ethereum Long Term Analysis!
Ethereum Monthly Analysis!
Bearish Pennant PAttern formation in Ethereum on Monthy Timeframe!
If price breaks and closes below trendline support we can see further downmove in Ethereum
Ethereum is forming Bearish Pennant pattern. We can see a sharp downmove in Ethereum from 1 dec 2021 after that price is moving in that way like it is forming a Triangle. So the pattern is established. Many of us won't believe for a Ethereum to move this much downward upto 456.75USD. But it's all about Technical Analysis and Pattern identification. I have identified this pattern on Monthly Timeframe. This is how we identify pattern on various timeframe. Greater the timeframe more reliable it would be, So i have done my analysis on Monthly timeframe to predict long term move of an Ethereum. Crypto is very uncertain instrument so we can't imagine how it will move, right? But this is how we perform technical analysis! That's all i have to say!
The downward possible target for an Ethereum is 456.75 USD!
breakout done and also retest done Grasim industries has good bulish flag pattern breakout. Above 2226-2245 closing can give good upside in the future. and also retest done very good move chance to breakout all indicator is show strenth but one thing market is life time high no one perdict how much point going up but one thing note always when market is fully high and you are swing trader so quatity always limmited thxx
Full time Trader
Money_chart_pro
Long - ICICIGICurrently ICICIGI closed at All Time high @ 1726.75 Along with Breakup out trade with Respecting to 20 EMA in uptrend.
Stoploss - 1600.
Target - Close the positions until it breaks previous day low or previous Market Structure.
Adani Energy - Flag / Penant BreakoutAdani Energy has been under recovery mode after sharp fall. The stock has shown the flag / pennant breakout on daily and weekly charts. Buy this stock @ 1140 with SL @ 1000 and TGT @ 1450
Nifty 28k with 21k as supportPole and flag. I have an analysis which says 28000+ but the number doesnt make me feel digestsble.
HFCL Hfcl form bullish pennant chart pattern weekly timeframe. If it’s give breakout of their resistance line then it’s ready for 88-101-120.
