It looks bullish and can move upside
Always follow Risk and Position Management❇️❇️
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One can look at it
Always follow Risk and Position Management❇️❇️
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading😊
A symmetrical triangle is a consolidation pattern.
It is often referred to as a Coil Pattern.
Here each price fluctuation is smaller than its predecessor.
Lower Highs & Higher Lows.
The process of contraction or coiling also has an effect on the volume.
Imagine a coil spring, the more you keep pressing down the coil spring , it keeps going down but once the...
ACCELYA Solutions Ltd. A small cap IT company catering to Airlines & Tourism Industry. Toady it came up up with good quarterly results. Stock has been in a short-term downtrend. Now price has reached it's weekly support trendline. Also if we go back to MAY-JUNE 2021, we can see huge volume around this price. In daily time frame stock has formed a pattern similar...
BTC/USDT 1D chart , Right now btc moving in symmetrical triangle pattern and I am expecting a bounce from $36,100-$36,651 and if we break this symmetrical triangle above then btc may move to 48K but we have strong resistence at $39,800
ROUTE MOBILES.
Symmetric Triangle Pattern Formation with +VE Breakout Took Placeat CMPThe symmetrical triangle, which can also be referred to as a coil,
usually forms during a trend as a continuation pattern.
The pattern contains at least two lower highs and two higher lows. When these points are connected,
the lines converge as they are extended and the...
Tata motors triangle pattern getting developed. if broken above then expecting a bullish move. chart for educational purpose only, take position only after confirming from your side. Tata motors triangle pattern getting developed. if broken above then expecting a bullish move. chart for educational purpose only, take position only after confirming from your...
In a daily chart there is already cup and handle breakout on 13 jan 2022 at 480 and target was 920 after the breakout Stock was going in a sideways and formed symmetric triangle pattern. So Recently there is a breakout in symmetric triangle supporting uptrend. After the breakout it achieved 2 target(Previous Swing High) and on 13th April is broke its all time...
Trading strategy: Buy with SL of 2240 and look for the target of 2600/2700. later on the measured target .
Theory:
The symmetrical triangle, which can also be referred to as a coil, usually forms during a trend as a continuation pattern. The pattern contains at least two lower highs and two higher lows. When these points are connected, the lines converge...
Dalbharat showing some volume activity.... near triangle breakout..
above 1500 ..... small hurdle near 1520--30 than it will move toards 1600
Lets wait for volume price breakout...
views are educational
