Symmetrical triangle pattern formation on BTC on a 30m timeframe ! Target should be around 44500$ !
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I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
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BPCL is overall down trend, and the symmetrical triangle pattern is create it. the intraday level focus price is 368 above and short tern level focus price is 375
The analysis is done on daily TF hence price may take few days to few weeks 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...
CHART -> Century Ply DAILY SETUP
Perfect triangle breakout with highest single day volume after 1.5 years!😍
CMP: 657
First target: All time high of 712
Chat pattern target: 840(as shown)
Stoploss: If sustains below 570 for few days
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your...
kpit technologies after correction in entire it sector is ready for another up move. it is bouncing between its 200 and 100 day moving average , which means a big move is about to come . it is also forming a small symmetrical triangle formation whose breakout is about to happen. if you see then the candles at the bottom or during this base formation have been...
NSE:BANKNIFTY
Banknifty is forming a symmetrical triangle chart pattern breakout on upper side after a pull back can also lead it to 36600 level easily.
Share your view that can also help me.
The analysis is done on daily TF hence price may take few days to few weeks 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...
Here, ICICI bank is making a symmetrical triangle pattern in an uptrend. We can also say that it is a flag in form of symmetrical triangle. As prior trend is up, a break on upside can push the prices higher.
Disclaimer: only for educational purposes.
Barbeque Nation is forming a decent symmetrical triangle formation. it has taken 3rd support at the trendline and had also formed a rounding bottom formation which shows accumulation. Can be bought after breakout of upper trendline. MACD Crossover is also on a verge of happening, which helps the trend and big move. This stock is volatile and sometimes gives big...
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Enter on confirmation means ...whenever price breaks higher trendline with a strong green candle you will take and targets as shown in the chart.
Trail SL as per your analysis...
