First, let's talk about the previous update of crude oil. There, I have drawn the symmetrical triangle bearish pattern on the hourly chart of MCX's crude oil. I had written for the day traders, " ...the last expected stop is at E. So, we may see crude oil at/below 2840 – 2820 level ". THESE TARGETS HAS REACHED. And for the short-term traders, I had...
Symmetrical triangle formation , If breakdown then ignore Big volume , RSI is already uptrend Wait for the perfect breakout and retracement Target is based on the resistance LOT SIZE = 10 pure Price Action Analysis FOLLOW FOLLOW FOLLOW LIKE LIKE LIKE COMMENT COMMENT COMMENT
A beautiful “COIL” in the make for ASHOKLEY on the daily chart. The stock is already in a well-defined UP trend for quite sometime and going by the nature of symmetrical triangles, ideally it should give us a breakout on the upside. A simple projection of the height of the pattern should take us close to the target of 90. But before that the stock needs to deal...
A Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT........... Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a...
A Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT........... Note: Avoid the stock if a big gap up or gap down is seen Enter after the breakout happens and not before it Do not chase the market, i.e., do not get involved in late entries Only enter with strict stop-loss and target This is not a...
Acc Formed a symmetrical triangle Targets are mentioned in charts Play according to Support & resistance as per the chart mentioned lot size = 500 Stoploss can be placed below support zone , trade only one lot Follow & like for more amazing ideas
Since last couple of session we seen good uptrend in reliance due to lots of fundamental triggers. This is one of the strongest fundamental stock. Now if it trading above 2290 level then we will see next target 2500 in short term time period. Trade: Buy Reliance Above 2290 Intraday Target - 2350 Short Term - 2420 2500 Disclaimer: This is my personal view on...
Triangle are the most accurate and the most commonly used chart pattern, which shows 99% chances of stock breakout/breakdown. once price goes out of the triangle,it shows a 99.7% true breakout/breakdown. that's why most of the traders trade on it when the price goes out of the triangle for a confirmation. all triangle patterns and the details of it are mentioned...
Symmetrical Triangle & Trendline breakdown with rise in volume Stock has stopped making higher highs and higher lows indicating a weak structure Sell around 350 SL 400 Target 275 At 275 there is a support on weekly scale
Cadjpy pairs has formed down symmetrical triangle pattern, in 4 hr chart, it suggest that this pair may see downtrend upto I st of the new month
Quick scalping or swing opportunity.
Analysis based on price action and right now BPCL formed symmetrical triangle Target can set as per support & resistance one can see a BULLISH PARALLEL channel also once it break the Trendline GO LONG LIKE the idea if works
Price after breaking 410 earlier went almost to 480 levels and once again it is making up a symmetric pattern and it is getting ready to break. One should have entered at the trend line support and wait for the breakout and the target is near 500 and this time we can expect some more i guess. . .
Price breaks from a symmetric triangle already from 2900 levels and reached 3200. Now it is forming another perfect symmetric triangle and one should have entered at 2900 (previous breakout level) support level if not wait for the breakout and enter for big targets.