MATIC in Descending tringle pattern: 1 Day ChartHello Everyone;
This time I am sharing my recent analysis on MATIC. i am following MATIC from a long time and also doing intra day trading in it until I was trapped by buyers. Yes, I am still in a short trade with almost -110% ROI. waiting for MATIC to come and test 0.72 area which is a strong support.
But, as you can see in the chart, BINANCE:MATICUSDT 1D. It is trading in a descending triangle pattern which shows a down trend for MATIC. If this triangle break out in down direction, I have marked my support zone for re entry to get LONG position. Right now I am just holding my wrong trade and waiting.
always use stop loss and safe your fund. last time i was really very optimistic for down trend and BOOMM!!!
have a safe trading.
Triangle
review of idfc first bank NSE:IDFCFIRSTB
the stock has given us a good return. But looking at the price action, it seems that a correction may come.
1. There is a demand zone from 80 to 75, but it does not seem very strong.
2. It seems to me that the price will react again near the zone of 75 and give an upward momentum.
3. There is a strong demand zone near 50 which will take the price to an all-time high again. Here we should book profits and wait for some correction.
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HFCLTriangles are a correction five-wave pattern (marked as A-B-C-D-E), which is divided into five types. This pattern is formed in a position prior to the final wave in an impulse or a correction.
Genus power simple break outGenus power was broken a important support levels and a good gap between Last candle and also it will retest gap what ever happened in stock market😄
Nh triangle pattern breakout Nh triangle pattern break out with good volume and ande healthy was formed let see what will happen if it is good trade or bad trade
COLPAL - Swing Trade - 16th January #stocksCOLPAL (1D TF)
Swing Trade Analysis given on 16th Jan, 2024
Pattern: SYMMETRICAL TRIANGLE
- Volume Spike Buildup at Resistance - Done ✓
- Breakout of Resistance - In Progress
- Retracement & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #COLPAL
Ascending triangle Abbot IndiaBased on ascending triangle pattern breakout target of 32k is possible.
We can see very good setups of supertrend playing out here.
SL 22K
Amazing swing trading idea for 31 January Markets I daily make educational content videos for swing / positional trading
CHOLAMANDALAM HOLDINGS - Swing Trade - 24th January #stocksCHOLAMANDALAM HOLDINGS (1D TF) - 24th Jan, 2024
Pattern: SYMMETRICAL TRIANGLE
- Volume Spike Buildup - Done ✓
- Upper Trendline Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #cholahlding
Electro Force - LongElectro Force- Looking good in volume also forming ascending triangle patter. Where we can see a good move if it breaks 127, then we can see all time high and the target of 142 .
Disc: Only for Education purpose, not a trading recommendation.
Ascending Triangle pattern on James warrenOn weekly time frame we can see Ascending Triangle pattern .
Pattern length is nearly 3years.
1. Taking support on 100EMA.
2. Bullish divergence in RSI.
Note : Analysis is only for education purpose. There are not much volumes traded on his stock.
Donear is forming Ascending Triangle pattern(Bullish)On Weekly TF charts it is forming Ascending Triangle pattern .
Struck in and Forming pattern from more than 1year.
1. Taking support on trend line and forming higher lows.
2. Taking support on 50EMA.
3. RSI also taking support on trendline.
LICHSGFIN - GO LongFor Educational Purpose..
#LICHSGFIN IS READY TO BUY LONG
Waiting Time 2-3 Months
Long Above - 470-475
SL - 420
Target - 500, 525, 550 & More..
Thank you
Ascending Triangle in Max Healthcare
Max Healthcare is forming Ascending Triangle pattern(which is bullish pattern).
It is trying to break its all time high levels
TRIANGLE PATTERN BREAKEDin GBPAUD
A good break out occurred
It will be down for few days
Grab it all forex user good opportunity
Triangle Pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
Triangle Pattern BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
NMDC STEEL - Swing Trade - 21st January #stocksNMDC STEEL (1W TF) - Swing Trade Analysis given on 21st Jan, 2024
Pattern: ASCENDING TRIANGLE
- Volume Spike at Resistance - Done ✓
- Breakout - In Progress
- Retest & Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #NMDC
Canara bankPrice is consolidating in the form of an ascending triangle. As per the pattern, the price have to give upside break out. But we will plan for fall also, so that we wont be surprised by the price movement.
Q3 result was good with 26.8 % net profit. Daily time frame shows price is taking trend line support.
Buy above 470 with the stop loss of 465 for the targets 475, 480, 485 and 490.
Sell below 458 with the stop loss of 463 for the targets 453, 448 and 442.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Ascending Tiangle Formation in HAVELLSAscending Tiangle Formation is seen in HAVELLS. Now it is about to take support ar trendline. After that we can expect an upward movement. Also HAVELLS is at a discounted price💯🔥
Ii is an opportunity to add in Portfolio for long term.
-Support 1260
-Tgt 1500 (short/mid term)
BAJAJ FINSERVEA breakout above on all Moving Averages AND good volumes in the last 3 trading days, supporting the rise, gives me a Bullish outlook.
In 15 min TF, formation of an Ascending Triangle, with highest volume in the last candle also adds to my confidence.
Targets - 1648 / 1663
GUFICBIO | SYMMETRICAL TRIANGLE BREAKOUT & SUSTENANCE!POINTS TO NOTE:
______________________________________________________
1. Symmetrical Triangle(ST) consolidation on a healthy uptrend
2. Breakout & sustenance outside the triangle
3. Another HH, HL breakout of a minor trendline outside the ST
4. Targets measured as Height of the pattern
Disclaimer: This is NOT a trade recommendation but my analysis. Please do your own before entering positions
