It would definitely be the first stock I would look at in a possible retracement in BIST100. The movement is accelerated by the upward break of the falling wedge. There is no resistance in the TRY pair because it is hovering around the ATH levels, but it seems more correct to look at the USD pair. The lines marked with green on the chart are targets. Targets...
💎 Hey Paradisers, take a look at the HIGH/USDT daily chart. It's forming a falling wedge pattern, which usually indicates a bullish trend. Currently, it's around the 1.101 demand zone. If it holds steady here and breaks above the upper trendline of the wedge, we might see a bullish trend ahead. 💎 What are we aiming for? We're keeping an eye on potential rises to...
PRECOT DAILY CHART ANALYSIS - Showing signs of reversal as it has broken upward after a period of uncertainty or consolidation. Target: Rs. 198 Self explanatory daily chart analysis for educational purpose Technicals - Bottom Triangle Pattern / Bottom Wedge This is just a view by an analyst, please invest at your own risk. Follow me for more!
💎 Paradisers, zoom in on XRP/USDT on the 1-hour chart. It's sketching out a rising wedge pattern. At the moment, it's hovering near the demand zone and the supportive trendline, potentially ensnaring some traders. 💎 Historically, it's bounce back from supportive trendline about five times. This could hint at a robust foundation for XRP, making it a contender for...
ACCELYA daily price trend shows signs of a potential reversal after a period of consolidation. This often involves a bottoming process and a subsequent upward breakout. Market conditions can change, and various external factors can influence price behavior. Always use technical analysis in combination with other forms of analysis and risk management strategies...
#ENGINERSIN #breakoutcandidate #breakoutstocks #trendlinebreakout #momentumstock ENGINERSIN : Swing Trade / Short term (1-3 months) >> Beautiful Structure, possibly trendline breakout soon >> Stock has taken a good pause after the initial momentum and now ready for more upside >> Good strength and Volumes in stock SWing Traders should focus on 10% profit &...
#asterdm #pharmastock #breakout #breakoutcandidate #trendingstock #momentumstock >> Beautiful Structure, possible Consoldation breakout >> Good Strength and volume Swing Traders should focus on 10% profit & keep trailling Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love Disclaimer : This is not a Trade Recommendations...
#swingtrading #finpipe #consolidationbreakout #breakout #flagandpolebreakout >> Beautiful Structure Range Breakout >> Impulsive Move >> Consolidation >> Pennant formation >> Perfect Breakout Candidate >> Good Risk Reward Ratio (min 1:2 RR or possibly more if u hold longer) >> Good Strength & Volume in stock Swing Traders should focus on 10% profit & keep...
Rising wedge breakout and also Cup and Handle Breakout in VGUARD. A Sign of Bull taking over???? Time will tell.
Indigo Paints trading in a narrow range, with very high chances of a breakout. Buy above 1460, SL 1410. NOTE: Please maintain good Risk to Reward, as per your appetite.
There was only 1 goal for the bears today, to close the markets below 19309. Somehow they got it done today which means we are in for a bear ride next week. Let me try to explain. We opened right at the 19309 level and then fell to 19258 levels by 10.45 in a show of strength by the bears. From there there was a reversal till 12.00 where we re-touched the 19309 SR...
Vguard has been consolidating from 2018 in a rising wedge pattern. Today, the stock has given a breakout of its ATH and is currently looking bullish. However, the best entry for the stock is 255-260 with a SL of below 235 DCB for minimum target of 300. The stock can give multibagger after a upward breakout of the pattern. Idea is shared for educational purposes...
Falling Wedge was formed on OLECTRA breakout has been done. Currently it is at the resistance zone volumetric breakout of the resistance zone will unlock 13% upside potential.
💎 Hey Paradisers, let's explore EGLD/USDT. Zooming in on the daily chart, a falling wedge pattern has emerged over time. Right now, it's getting closer to a strong support trendline, and a noticeable bullish MACD divergence is in play. 💎 If EGLD/USDT stabilizes on this support line and breaks the 29.82 level, we might be gearing up for an exciting bullish...
Falling Wedge Bullish Pattern Breakout on Daily & Weekly Candles Highest Close since 10 oct 2022 ; Breakout at 154.5 CMP - 154.7 Target 165-175 Time 2-3 months Educational Discussion Only
Hi All, Hope all are doing great. Here’s my 1D timeframe analysis. As we can see in the chart from 14-Dec-2022 to 6-Apr-2023 around 113 days there was a good falling channel pattern. It broke and achieved twice the target. The next 113 days from the previous breakout is forming beautiful rising wedge pattern. As per the pattern nature it might break below to...
💎 Paradisers, let's zoom into XRP/USDT. The asset has been tracing a rising wedge pattern for a while, adhering to both resistive and supportive trendlines. Interestingly, it's played a couple of traps during this phase and is currently hovering near the supportive trendline. 💎 If we witness an upward momentum from this point, potential bullish targets could be...
Nice Falling wedge pattern breakout of the weekly chart of DMART. Buy Above 3990, SL 3750. NOTE: Please maintain good Risk to Reward, as per your risk appetite.