Sell Cromton - as H&S breakdown on Weekly time frame.. Cromton Grews look like go downside because Head & shoulder pattern breakdown on Weekly Timeframe!
target 183 & 138 as per chart & Price action
Priceaction
what is The symmetrical triangle patternThe symmetrical triangle pattern is a technical analysis chart pattern that forms when the price of an asset is moving within a range, with the highs and lows converging towards each other.
it is characterized by two trend lines that converge toward each other, forming a triangle.
It is confirmed when the price breaks out of the triangle, either above the upper trend line (bullish) or below the lower trend line (bearish).
Traders often look for a price target that is equal to the height of the triangle at its widest point, projected in the direction of the breakout.
The symmetrical triangle pattern can be a reliable indicator of future price movement, but it should be used in conjunction with other technical analysis tools and market indicators.
one can support the work by simply following BACTIFY and sharing the same with their friends
all the best and happy trading
Atul AutoAtul Auto is on his way to achieving the target 478 / 509 🎯
Note : This is just for Backtesting and Educational Purpose Only.
JKTYRE - SWING TRADEJKTYRE - SWING TRADE
After a good upmove of more than 120%, we saw good consolidation with low volumes.
Now stock is showing strength again.
Can we see ATH again?! 👀
APLAPOLLO - SWING TRADEAPLAPOLLO - SWING TRADE
Breaking out with very good volumes after a good consolidation phase!
Holding for good upside :D
Rising wedge pattern reversal in Pidilite Industries Pidilite Industries
Key highlights: 💡
✅On 1 week Time Frame Stock Showing Reversal of Rising wedge Pattern .
✅It can give movement upto the Reversal target of above 3000+(Up to resistance level).
✅Can Go Long in this stock by placing a stop loss below 2298-.
Bank Nifty 15min chart updateTrend looks bearish. Please check out chart target for upward or downward are marked let see how it reacts for tomorrow.
MY TARGET DONEIn my last post i predicted the movement with exact target and stop loss. finally my target is achieved.
nfity important level to trade on 10/04/2023I don't use any indicator. I believe in only price action. so based on price action I have some level that can help you in today trading.
SCALPING EURUSD GPBUSD USDCAD XAUUSD APRIL 10th to 14thEURUSD is currently remaining below the maximum zone of the market. Sellers being preferred below 1.0930 until 1.0910 and below 1.09 until 1.0880, buyers should be wary at 1.0880. The proposed scalping strategy suggests maintaining intervals of 10 pips per entry, although depending on volume, an entry could reach up to three market intervals. At this point, there are no buying scenarios below 1.0930. However, if tomorrow's opening surpasses the maximum 1.0930, then the preference will shift towards buying up to 1.0940 and 1.0950. Keep a close eye on these intervals for successful market trading. Updates are made tomorrow on TradingView
GBPUSD is currently below the 1.25 , with a preference towards selling under 1.2430 up to 1.2420, and then from 1.2420 to 1.2410. If the minimum of 1.24 is reached, selling pressure is predicted to continue until 1.2390. On the other hand, buying intervals range from 1.2340 to 1.2350. After reaching a high of 1.2550, prices may drop back to 1.2580. In terms of the USDCAD, the preference right now is on buyers over 1.35 and 1.3480, with strategies in place to support this area The opening tomorrow will determine whether a selling scenario becomes viable, with selling intervals ranging from 1.3490 to 1.3480, once below the 1.35 mark. Stay informed to make the best decisions when it comes to these currency pairs. Updates are made tomorrow on TradingView
USDCAD currently shows a preference for buying around the 1.35 and 1.3480 levels. Strategically, it seems wise to invest in buying at this point. However, we should keep our eyes peeled and assess tomorrow's opening to see if a selling scenario may be more viable. If the pair dips below the 1.35 levels, the selling intervals might go as low as 1.3490 and 1.3480.
XAUUSD, the market appears to be holding its buying position consistently above the price of 2000.0 an ounce. As traders, we prefer to look for opportunities to sell at levels below 1.990 and 1.980. Nevertheless, there is still a chance the market may sustain its buying pressure above 2.005 and 2.007. Keep an eye on Wednesday to see if the data on American inflation are favourable. That might be a turning point for dollar buyers and those who sell commodities. Updates are made tomorrow on TradingView
DONEAR - Retest + Reversal with a breakout - Swing Trade
The analysis is done on Daily + Weekly TF hence price may take few weeks to few months in order to reach the targets.
Checkout the weekly chart as well here -
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Nfity important level to trade on 06/04/2023I don't use any indicator. I believe in only price action. so based on price action I have some level that can help you in tomorrow's trading.
Banknfity important level to trade on 06/04/2023I don't use any indicator. I believe in only price action. so based on price action I have some level that can help you in tomorrow's trading.
Breakout and retest done. Signs of bottoming out on hourly chart. Breakout of trendline and retest also done.
For me above 292.5 its a buy with 2% sl for swing trade.
Double Bottom Pattern Formation #TESLATime Frame: 30 Min | Pattern: W Pattern | Entry: 201 | Take Profit: 13.74% | Stop Loss: Below Resistance line at 200
A W pattern has been identified on the 30-minute chart of Tesla (TSLA), with a confirmed breakout at 200.67. The pattern formation suggests an uptrend of 13.74%, which could serve as a take profit target. The entry point could be at 201, with a stop loss placed below the resistance line at 200, which has acted as a strong barrier in the past. Please note that this is a measurement idea, and past performance does not guarantee future results. As with any trade, it is important to manage risk and trade responsibly. Best of luck!
Vardhman Special Steels LimitedVSSL:- The stock has given a breakout by forming an ascending triangle pattern, keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
USDJPY BULLISHThis is my view on FX:USDJPY . I got a breakout of falling wedge on a LOW TF after a retest of a previous support (Flip zone), which is actually on a bullish on the HIGHER TF.
EURUSD GBPUSD USDCAD market updateToday´s market closing.
EURUSD GBPUSD market on hold but testing highs, waiting possible sellers.
EURUSD at 1.0815 sell to 1.0808. Then below 1.08 sellers to 1.0780
GBPUSD at 1.2315 sell to 1.2305. Then below 1.23 sellers to 1.2280
USDCAD above 1.3630 buyers to wait for 1.3650 and 1.3670
CRUDE OIL TRADE IDEA CRUDE OIL :- Price is re testing the sideways zone, this is the first retest, in the matter of my opinion, We can take a trade at this price point. we can clearly see the short setup.
PAGEIND - Multi-year Retest Zone - Investment/Swing tradeThose who study charts on regular basis, would be familiar that when a stock price breaks its ATH level on a higher Time frame, in majority of cases, it goes much above that level. Similar is the setup in this stock which has been in uptrend for quite long and has shown strength even during market correction recently.
The analysis is done on weekly as well as on Daily TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Rising wedge pattern reversal in INDIGOINDIGO
Key highlights: 💡
✅On 1D Time Frame Stock Showing Reversal of Rising wedge Pattern .
✅ It can give movement upto the Reversal target of above 2210+(Up to resistance level).
✅Can Go Long in this stock by placing a stop loss below 1825-.
