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Trianglepattren

triangle pattern | PELtriangle pattern formation in Piramal Enterprises Ltd. add to watch list for breakout At the start of its formation, the triangle is at its widest point. As the market continues to trade in a sideways pattern, the range of trading narrows and the point of the triangles formed. In its simplest form, the triangle shows losing interest in an issue, both from the buy-side as well as the sell-side : the supply line diminishes to meet the demand. Think of the lower line of the triangle, or lower trendline, as the demand line, which represents support on the chart. At this point, the buyers of the issue outpace the sellers, and the stock's price begins to rise. The supply line is the top line of the triangle and represents the overbought side of the market when investors are going out taking profits with them.
P
by RA_Dongre_Ji
swing trade with good ROIprice is squeezing between two trendline. Today is the breakout day but at end of day some sell off happened so if tomorrow or next any day there is a pop out candle of 2-3 % then we should take entry with stop loss around 3% or below today candle & target will be around 10-12% A very good RR ratio trade 1;3 please intact with stop loss Learning - how to do risk management with quantity? quantity = risk per trade/stop loss(in rupees) example- let suppose you have 100000 capital. if you want to risk 2000 rupees without any hole in your pocket then, stop loss 10 rupees so quantity =2000/10= 200 q thanks
NSE:STOVEKRAFTLong
by mahhisingh
DOLLAR INDEXThe Dollar index witnessed over throw or fake breakout from ascending parallel channel due to excess optimism but it is now back into the channel. Pattern wise, it seems to be forming distribution triangle. MACD is also going negative in daily time frame along with turning towards negative in weekly time frame. Once it breaks down lower side of Triangle then it could show more bearish-ness, One can go short on break down of support line of triangle with stop loss of upper line of triangle pattern. Break below this triangle can be trigger point for short. Fake Breakout of parallel channel or Over-Throw. macd in weekly converging towards negative crossover macd in daily already running in negative crossover and downtick along with increasing histogram rsi in daily down tick and below 50 range stochastic in daily also down tick and negative Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
CAPITALCOM:DXYShort
by RK_Chaarts
3
COASTCORP - Long1. A symmetrical triangle is a chart pattern characterized by two converging trend lines connecting a series of sequential peaks and troughs. These trend lines should be converging at a roughly equal slope. Trend lines that are converging at unequal slopes are referred to as a rising wedge, falling wedge, ascending triangle, or descending triangle. 2. The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point. 3. The stop-loss for the symmetrical triangle pattern is often just below the breakout point.
BSE:COASTCORPLong
by ex_cap
STOVEKRAFT - Triangle 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 logic is based on simple 200EMA strategy (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 various platforms for any query or suggestion regarding this stock or Price Action Analysis.
NSE:STOVEKRAFTLong
by TradewithAditya
2
ABCAPITAL : Positional Buy Trade SetupNSE:ABCAPITAL Hi Traders, ABCAPITAL trade setup, entry and target level on chart. ********************************************************************************************************************************** If it is helpful for you, please show your support and hit the LIKE button. Provide some feedback below in the comment! This would give us encouragement to keep sharing our ideas here on this platform. ###Learn To Earn### * This analysis is educational/learning purpose only. * Trade at your own risk. Trade well, **********************************************************************************************************************************
NSE:ABCAPITALLong
by vimal.kr.pathak