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Trianglebreaout

COALINDIA- 4 reasons to Buy it. Triangle Breakout.Dear Traders, 1.I previously traded this stock and had handsome profits at the end of month. I found opportunity again but this time, you all can take benefits of it too. It has breakout today from previous candles as well as from Triangle Pattern. 2.People like me who believes in volume is there so, our conviction gets stronger by this. 3.When market is in fall this stock doesn't gave any bearish signal by breaking down from the Triangle Pattern. This gives me confidence to buy it. 4.Traders, I know risk is little bit higher but without trying we will not get any results. If its loss we will learn from it. Have a good day Guys.
NSE:COALINDIALong
by HanumanBhkt
POWERGRID - Triangle + Bull Flag pattern breakout - Swing TradeThe analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:POWERGRIDLong
by TradewithAditya
Intraday trade using Triangle and Channel pattern The script has given a breakout in the D time frame the last week with huge volumes and has consolidated since then.Check out my previous post on Aarti Industries as well.Now on checking the smaller time frames I found good consolidatory channel and triangle pattern.It could give a intraday breakout.So, the 15 min chart would be perfect.One could take a trade on closing basis above 1126 in the 15 min chart with targets of 1149 and 1185.My stop loss will be below 1102 on closing basis on the daily time frame. Disclaimer: I have position in AARTIIND already from 935 levels (150 shares) and I have added more (50 shares) at 1106.I may further add small quantity on this breakout. This post is for educational purpose only.Pls analyse and trade only if it falls as per your risk reward setup.
NSE:AARTIINDLong
by Ragav27
What is a Symmetrical Triangle Pattern?The Symmetrical Triangle is usually a continuation pattern. It represents a pause in the existing uptrend after which the original uptrend gets resumes. A breakout from the upper trend line marks the continuation of an uptrend while a breakdown from the lower trend line marks the start of a new bearish trend . This pattern is also known as a wedge chart pattern. How does Symmetrical Triangle Pattern Work? Phase 1 : Existing Uptrend When there is an extreme demand in prices there is an uptrend. It continued as the demand increases. Phase 2 : Pause When demand is equal to supply the there is a pause in an uptrend and investors start to book profits here. As prices consolidate it forms converging trend lines . As there is equal demand and supply investors buy on the lower trend line and sell on the upper trend line . Which results in forming a Symmetrical Triangle Pattern . Phase 3 : Uptrend Continuation After demand matching the supplies when there is when buyers are again interested to buy demand increases. Which results in breakout! And the continuation of the uptrend. Role of Volume: Volume plays a major role in a symmetrical triangle pattern . When in an uptrend the volume is quite higher. In the second phase, the volume starts to diminish due to equal demand and supply. And again on the breakout, the volume surges. Volume with Breakout gives a good indication of a successful uptrend. Above Chart Explanation: This is a 4H chart of AXSUSDT we can see it's in an uptrend previously with good volumes. Now after successful uptrend prices consolidate with diminishing volumes. And after it, there is a breakout with above-average volumes. And then the uptrend continues. Conclusion: Symmetrical Triangle Pattern is a continuation pattern. Which on upper trend line breakout can give a potential bull move and when on lower trend line breakout gives a possible bear move. Comment your thoughts on Symmetrical Triangle Pattern down below. Disclaimer: This is just an educational post never trade just any pattern. And please do your research before making any trades. PS: We are again publishing this for our Indian audience. Happy Trading!
Education
by Coinlog
24
Federal bank - Triangle pattern breakout🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade Comments
NSE:FEDERALBNKLong
by PrakWorld_Traders
1