INDUSIND BNK NEAR BREAKOUT (15 Min)
Godawari Power held the Fibonacci Ratio Support zone-- 287.50-275 and shaped up in beautiful Pennant Continuation Pattern. Decreasing volume pattern seen during Pull Back. If support breaks then consider my setup bust. Levels mentioned on chart. Given targets seems achievable. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your...
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Trade on BO Meanwhile Resistance is 6710 Support--6050
There's bearish pennant on ETH. On 2 hour chart. Expecting price to fall.
1.Wait for perfect breakout 2.Formed triangle pattern 3. check comment box regularly #tradethetip
Coal India is sideways as per price action. Forming a Bearish Pennat Pattern.
XAUUSD is formed bullish pennant shape and along with that i marked the area of supply and demand, this analysis giving idea of bullish movement in the next 2 days of the week.. let see...
XAUUSD formed a bullish pennant pattern, this week expecting a break out on the upper channel, We are at the verge of new month, it could go higher all the way upto 250 pts, else if it breaks below it could go upto 1800 area this week, but weakened dollar supports the gold uppish trend for me , based on price action analysis
Pennant...! With Classic reducing volume Buy with Close above 300 Target 360 SL 275
flag formation with perfect support taken twice at 38.2 retracement level . indicating another strong move once candle closes abv resistance line of flag. TF - 4H disclaimer - study purpose only
go long triangle pattern long term call expected profit = 83,200 per lot
HIND ZINC holding the support zone, Downside move not supported by volume. Trend seems to remain bullish . Levels mentioned on chart. Given targets seems achievable. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
Expecting breakout for go Long . Pennants are continuation patterns where a period of consolidation is followed by a breakout used in technical analysis. It's important to look at the volume in a pennant—the period of consolidation should have lower volume and the breakouts should occur on higher volume. Disclaimer: Analysis in charts are only for...
With Metal Sector on the bullish side, hindzinc is in trending with good relative volume. Narrow range -7 candle was observed on 18th Aug almost completing a pennant chart pattern. Could resume the upward trend after bouncing from 0.5 -0.618 Fibonacci levels with moving average providing support.
United spirits showing bearish projection for upcoming days. current patterns are shown on chart, safe entry for sell will be below breakdown of base line ( i expect around 575 ).