Blue Star - Resistance Breakout Key Points:
- Bullish Trend - Three white soldiers candlestick pattern
- Resistance breakout @ 1280
- RSI crossing 75
- Tech showing buy signals
- Price is above 20,50,200 EMA
- Volume above average
Bhav is “ Bhagwan ”
Disclaimer :
I am not a SEBI registered Analyst.
Please do your own Analysis before taking any trade/investment.
The above view is just for educational purpose only.
Three White Soldiers
Breakout in Nifty Reality This is weekly timeframe.
Nifty Reality had took support at 0.50 fibo level.
There is high probability that it may test 52 week high in next coming months or may be it can take more than a year.
From current level its more than 28% up.
I will be now closely watching the reality sector's largecap stocks for positional trading opportunities.
We have here back to back two bullish hammers, one almost like a bullish belt-hold, one belt-hold
and next on thick bullish candle with breakout forming perfect three white soldiers here.
This post is for infomation purpose only.
Some Major Candlestick Pattern Bullish Engulfing: The bullish engulfing pattern is a two-candle reversal pattern. The second candle completely ‘engulfs’ the real body of the first one, without regard to the length of the tail shadows.
This pattern appears in a downtrend and is a combination of one dark candle followed by a larger hollow candle. On the second day of the pattern, the price opens lower than the previous low, yet buying pressure pushes the price up to a higher level than the previous high, culminating in an obvious win for the buyers.
Bearish Engulfing: A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that eclipses or "engulfs" the smaller up candle. The pattern can be important because it shows sellers have overtaken the buyers and are pushing the price more aggressively down (down candle) than the buyers were able to push it up (up candle).
Tweezer Top: A tweezers top is when two candles occur back to back with very similar highs. A tweezers bottom occurs when two candles, back to back, occur with very similar lows. The pattern is more important when there is a strong shift in momentum between the first candle and the second
Tweezer Bottom: A Tweezer Bottom occurs during a downtrend when sellers push prices lower, often ending the session near the lows, but were not able to push the bottom any further. Tweezer Bottoms are considered to be short-term bullish reversal patterns that signal a market bottom
Doji: A Doji is a candlestick pattern that looks like a cross as the opening and closing prices are equal or almost the same. The word Doji is of Japanese origin which means blunder or mistake that refers to the rarity of having the open and close price be exactly the same
Evening Star: An evening star is a stock-price chart pattern used by technical analysts to detect when a trend is about to reverse. It is a bearish candlestick pattern consisting of three candles: a large white candlestick, a small-bodied candle, and a red candle.
Morning Star: An evening star is a stock-price chart pattern used by technical analysts to detect when a trend is about to reverse. It is a bearish candlestick pattern consisting of three candles: a large white candlestick, a small-bodied candle, and a red candle.
Hammers: The hammer candlestick is a bullish trading pattern that may indicate that a stock has reached its bottom, and is positioned for trend reversal. Specifically, it indicates that sellers entered the market, pushing the price down, but were later outnumbered by buyers who drove the asset price up.
Inverted Hammers: The inverted hammer is a type of candlestick pattern found after a downtrend and is usually taken to be a trend-reversal signal. The inverted hammer looks like an upside-down version of the hammer candlestick pattern, and when it appears in an uptrend is called a shooting star: What Does the Shooting Star Tell You? Shooting stars indicate a potential price top and reversal. The shooting star candle is most effective when it forms after a series of three or more consecutive rising candles with higher highs.
Spinning Top: A spinning top is a candlestick pattern that has a short real body that's vertically centered between long upper and lower shadows. The candlestick pattern represents indecision about the future direction of the asset. It means that neither buyers nor sellers could gain the upper hand.
Three Black Crows: What Are the Three Black Crows? Three black crows is a phrase used to describe a bearish candlestick pattern that may predict the reversal of an uptrend. Candlestick charts show the day's opening, high, low, and closing prices for a particular security. For stocks moving higher, the candlestick is white or green.
Three White Soldiers: Three white soldiers is a bullish candlestick pattern that is used to predict the reversal of the current downtrend in a pricing chart. The pattern consists of three consecutive long-bodied candlesticks that open within the previous candle's real body and a close that exceeds the previous candle's high
Three inside up: the pattern is a bullish reversal pattern composed of a large down candle, a smaller up candle contained within the prior candle, and then another up candle that closes above the close of the second candle
Three Inside Down: The three inside down pattern is a bearish reversal pattern composed of a large up candle, a smaller down candle contained within the prior candle, and then another down candle that closes below the close of the second candle.
THREE WHITE SOLDIERS IN NOVOCO !!!!11 hours ago
#WEDNESDAY#
NSE:NUVOCO
Follow @VK2413
BUY :- NUVOCO
WHY TO BUY ??
{
after a HUGE CORRECTION from past month(AROUND 40% from its high) ,now it's forming THREE SOLDIERS PATTERN (on DAY CHART).
wait for this day, the candle will be formed completely.
have targets according to your risk-reward ratio.
if it forms TRI-SOLDIER pattern ,we can see huge POTENTIAL in its growth.
HOPE PEACE TALK of RUSSIA-UKRAINE begins SHORTLY !!!
}
Like👍 , Follow @VK2413 ,🙏 Share love ❤️ ;
High Risk, High Gain SetupThis is Weekly timeframe.
After covid crash, this stock have rallied multifold times.
Yes, there are a lot fundamental triggers.
From June 2021 it went sideways, in consolidation phase.
It didn't went far from 0.23 fibo level. If sustained near it and consolidated.
The correction is not more than 30% from top.
These are strength indicators here.
Now for last three weeks it have given strong bullish moves forming
three white soldiers on weekly timeframe.
It have given the breakout from the consolidation channel with volume supports.
Stock is near 52 week high. So stock is ready to make fresh news highs.
That's why this setup is a little more risky, but reward may be good if it rallys.
This for is for information purpose only.
TECH M - Breaking Ascending triangle - 3 white soldiersTech M has broken the Ascending triangle and has already gave a move out of the triangle.
a bullish the price will keep moving up, advance blocks of green candle are created.
need to be careful with what candle gets created next as if a bearish candle is formed the price might move back in the red zone.
Weekly BTC-USD)(9th August)BTC continues its joyride for the third straight week, it has appreciated by ~50% in the last 3 weeks. With this week’s bullish candle, BTC has completed 3 White Soldiers candlestick patterns, this is a bullish pattern and is used to predict market reversal. Currently, it is sustaining above its 0.618 Fibonacci retracement level, which is present at $43,045.
After almost 2 months of consolidation, BTC managed to decisively break its sideways trend by closing this week above $41,500. Weekly MACD is also signalling a trend reversal as it has started to enter the positive territory. On the Daily TF, the Golden cross can be expected in the next couple of weeks.
On the higher side, the immediate resistance is present at $44.5K. If it breaks this range decisively, the next major resistance is present at $47K followed by $49.5K.
On the lower side, the nearest support is present at $42.5K, if it closes below this level, the next potential support is present at $41.3K followed by $39.5K.






