Symmetrical Triangle
SPICEJET | Triangle Bullish BO{{Trade Setup}} : A Weekly symmetrical triangle is observed forming since Dec'20. Price breakout was printed on 13th Sep'21 supported by breakout volumes. After breakout & retest, price is sustaining outside the triangle range.
{{Targets /SL}} : A safe entry can be initiated above 82.65. Targets are set as the triangle pattern height at 118. SL will be a weekly closing below 60.
Note : Please take trades after making your own analysis. This chart is a showcase of my analysis alone, & the trade mentioned is one I'll be taking based on my convictions. This is NOT a trade recommendation.
BANKBARODAFirst it broke out of triangle pattern and now it breakout of inverted Head and Shoulder pattern.
Can expect bullish momentum in coming days.
NIFTY BANK. "The key to success is to lose small and WIN big,”Here in Nifty Bank a Symmetrical Triangle is being created. Keep an eye out for a good trade.
I am presenting this only for the purpose of learning. Please trade at your own risk.
"The key to success is to lose small and WIN BIG"
BTCUSD Symmetrical Triangle 4HBTC is forming a Symmetrical triangle which could lead BTC price to $46777.5 approx. I have published a idea of Rising wedge, if that's plays out then I believe this Symmetrical triangle will play out evantually.
DCMSHRIRAM - Symmetric Triangle BreakoutThe stock is about to breakout of the pattern and move up towards reaching the previous 52W high and if the trend continues it can cross 1400 levels.
The trade can be initiated if the stock crosses and sustains 1070.
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SELF EXPLANATORY SERIES : QUICK ANALYSIS ON HATSUN AGRO PRODUCT.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.
Levels for - 05 Oct 2021EXPLANATION : This is a 30 min time frame chart of RELIANCE . It has formed Bullish flag breakout & has been in a sideways for day and formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from the upper trendline indicates the start of a new bullish trend . Both side levels marked in chart
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Levels for - 05 Oct 2021EXPLANATION : This is a 15 min time frame chart of NIFTY . It has been in a sideways for day and formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from the upper trendline indicates the start of a new bullish trend . Both side levels marked in chart . for downside target will be pending small gap .
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Levels for - 04 Oct 2021EXPLANATION : This is a 1 hour time frame chart of ITC , It has formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend , while a breakout from the upper trendline indicates the start of a new bullish trend . Both side levels marked in chart.
If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
Levels for - 04 Oct 2021EXPLANATION : This is a 15 min time frame chart of BAJFINANACE , It has formed Symmetrical triangle pattern ; A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. Both side levels marked in chart.
If you like this analysis give a Like // Follow for more updates , let me know in comments below :)
INDIAMARTSymmetric Triangle formation on 1hrs timeframe.
It can give breakout or breakdown, but mostly breakout is what I speculate.
BOB technical analysisBOB has done breakout from the symmetrical triangle pattern.
we can long this.
targets are given the chart.
ITC near Breakout 15M ITC is creating a Symmetrical triangle. it is also at very crucial level ie. 237 which wal acting as a resistance earlier but now acting as support for it.
200 days EMA is also near about 235. if ITC will break this pattern with high volume profile either side we can take position
you can go long above 240 and for short enter below 235 increased volume profile is must.
CONCOR... LOOKS GOODA breakout from a symmetrical triangle pattern and we can see a retest of the resistance trendline. Looking good for a short-term trade for targets 800 and 865.
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JKIL | 25% potential | Good R:R | Moving average confluenceCMP- 205
SL- 190 (closing basis)
Target- 250-260
20/7/21
-Symmetrical triangle breakout and now retesting
- Stock from 200 level gapped down massively in the past and now symmetrical triangle and gap breakout seen last week with VOL surge
- More than 30% delivery were taken past week
- Parameters positive
-Above major EMA's on weekly and daily
Levels for - 27 Sep 2021EXPLANATION : This is a 15 min time frame chart of DRREDDY . It has formed Symmetrical Triangle Pattern , both side levels marked in chart .
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Levels for - 27 Sep 2021EXPLANATION : This is a 45 min time frame chart of TITAN . It has formed Symmetrical Triangle Pattern , both side levels marked in chart .
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Intraday symmetrical triangle breakoutSymmetrical triangle breakout trade with fix sl no trailing 1:2
Trading SYMMETRICAL TRIANGLE, PHALASymmetrical triangle is a continuation pattern which if formed in uptrend or downtrend shows continuation of the trend.
Gave a breakout and now it is in retest zone. ACCUMULATE only if it sustains or closes over the respective zone or wait for a green confirmation candle. Happy investing!
INDUSIND BANKThe stock is in an ascending parallel channel.
Breakout from a Symmetrical Triangle.
Volume Buildup.
MACD Crossover
🎯 BANKNIFTY IS WAITING FOR A BREAK OUTNSE:BANKNIFTY
🔴 Wait for the break out to Happen
🔴 and go long after the breakout is done... Buy @ pullback
🔴 Targets would be 37000 & 37350
🔴 SL - Below 36300
🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴
