Traingle
#GOLD #XAUUSD heading to new high from a Triangle consolidationGold may have completed a yearlong triangle consolidation and has broken upwards. It is now in its 2nd day outside of a downward sloping trendline. Wave e is around 1721, with this as a stop we should expect a rally to new highs. Silver is already showing strength as discussed in the earlier post. Gold may be joining the upmove now.
triangle pattern breakout exampleHi traders the chart is self-explanatory for more information on physiology you can refer to google.
i took this trade personally sorry for not posting but hope you made some good money in my previous post based on channel pattern which would have made you approx 35 % within 2 weeks.
Everest Industries LimitedTriangle breakout in Everest Industries Limited. Good time to take long position for swing trading
Deepak Fertilizers And Petrochemicals Corporation LimitedTriangle pattern in Deepak Fertilizers And Petrochemicals Corporation Limited
MRF Descending Triangle breakout Chart enough to say about target and SL, MRF is hovering with a good base since months
Punjab National BankTriangle pattern in Punjab national bank. Wait for the breakout with high volume.
HOME FIRST FINANCE - BreakoutA breakout from the Triangle Pattern.
MACD crossover.
Inverted Head and Shoulder also spotted.
Breckout level of 1120 will work as support level
indusindbk will go to test next resistance level 1390
trade for tgt of 1390 with supporting down trend line
Suven Pharma forming pattern Suven pharma on daily timeframe forming pattern and rsi also inside channel as well we will wait patiently rsi have to breakout channel and have to close above the ma.
and don't forget to use SL ok :)
