1. Triangle Pattern breakout 2. Long term Trend line Support 3. Head & Shoulder Pattern forming 4. Trading inside Rising wedge 4. Trading Above Volume Profile POC 5. Buy when retest POC 82Rs
What is a Symmetrical Triangle ? 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...
I thought of giving some more light to this potential stock: Might be able to test ATMs
USING RETRECMENT THEORY ITC HAS GOT RETRACED MANY TIMES FROM 0.50 LEVEL LOOKING @ THE CURRENT MOMENTUM A BUY HERE CAN BE PLACED FOR TARGET 215-220 REASONS BREAKING OF ROUNDING PATTERN CONSISTENT VOLUME SUPPORT TRIANGLE FORMATION TRADING SUGGETION BUY ABOVE 206 CLOSING BASIS CAN GIVE A UPMOVE OF 10-15 PTS TOWARDS 0.618 RETRACE LEVEL ***NOTE - FOR STUDY...
Keep an eye on Justdial it is on the verge of breakdown. It has been consolidating in small space since June in addition to that it has been showing green candles for 3 days in a row. Be ready for retracement then breakout. . Stop-loss will be below previous immediate swing. Calculate your RR ratio an then trade.
SL can be when it moves out of triangle breaking down the inclining pink trend line.