Ethereum Long Term Analysis! Ethereum Monthly Analysis! Bearish Pennant PAttern formation in Ethereum on Monthy Timeframe! If price breaks and closes below trendline support we can see further downmove in Ethereum Ethereum is forming Bearish Pennant pattern. We can see a sharp downmove in Ethereum from 1 dec 2021 after that price is moving in that way...
Adani Energy has been under recovery mode after sharp fall. The stock has shown the flag / pennant breakout on daily and weekly charts. Buy this stock @ 1140 with SL @ 1000 and TGT @ 1450
On Daily-Chart of Rashtriya Chemicals & Fertilizers Ltd , a bullish continuation pattern known as a broadening pattern or diamond pattern has been formed. This pattern typically occurs during a downtrend and consists of price movements creating higher highs and lower lows, forming a widening or broadening shape. As the pattern progresses, the range between the...
NSE:JSWENERGY is making a symmetrical Triangle. Long or Short trades can only be taken after the breakout.
NSE:HBLPOWER is forming Pennant pattern. Pennant pattern is a continuation pattern. But the long trade should be taken after closing of candle above the pennant pattern.
Chart Patterns insist me the above titled opinion REASONS 1. BhartiArtl has been trading inside a Ascending channel pattern(bright red & green trendlines )and right now down swing move is under process(in the form of descending channel) 2. In the weekly time frame , it looks alike a Bearish pennant formation and given breakdown out of...
If you analyze the 1h TF you will find that it has broken the zone and looking good for upside. You can use 5 minutes TF for making entry in the trade, Observe the levels on 5 TF
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Nifty View: The Benchmark Nifty index has been particularly erratic over the past few weeks as it failed twice to see follow-through movement post a breakout. The daily chart of the index will reflect a “Broadening Triangle” which implies the existence of a higher high and a lower low - a classic sign of confusion. The underlying short term trend of the index is...
General Insurance is in a Pennant Pattern with a consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone 🔴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...
Volumes are getting dry when price is retracing Traded Qty 2.7x Delivered Qty 2x Futures OI addition +5.8% Brent Crude beneficiary SL 100 Target 145
🔰 MY thought process : ⭐A broadening pattern on the Daily chart :) meeting with fibo extension giving a perfect round number of 1300 which seems to be achievable but in a while, kinda positional setup for me :) 🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today...
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Fibo Retracement of 78.6% + Trend Line Breakout + Pattern Breakout + U-shaped Volume #Bulkowski_Chart_Patterns Entry: 1753 (Breakout Level) Target:1775 (Previous High and Fibo level) SL: 1744 (Fibo Level & Level of Partial Decline)
Buy at CMP levels Target 1 - 760 Target 2 - 800 Stop Loss - 675
Double Inside Bar A typical compression pattern forming in HCL. Buy above Previous Day High (PDH) 560.8 and sell below Previous Day Low (PDL) 553.25
L&T Finance | Short Below 128 | Stop-loss 134 | Target 105 | Risk/Reward 1:4 It's a broadening top formation. And pretty much like what the textbook describes. Be careful because nice-looking patterns are rarely successful. If price closes above the upper trendline before breaking 128 then the trading setup becomes invalid.