The stock has given an excellent breakout with a new high formation. The levels are marked in the chart.
After five weeks of consecutive gains, Bitcoin is facing a bit of a hurdle from the psychological level of $50K. BTC formed a Bearish Doji kind of a candlestick pattern in the last week and dipped minutely by ~1% to close the week at $48,802. BTC has had a volatile last week due to the August monthly expiry in which $2+ Bn F&O contracts expired. At the time of...
As I mentioned in one of my earlier threads, I think we’ve got the confirmation to open up a short position on BTC/USDT. This is because we broke out of the rising wedge (the white line). Besides this, we’ve got 3 consecutive red candles on the 4h which makes it a good short opportunity. My take profit is around the 45K level (the green line). But since we’re in a...
Bullish Falling Wedge Bullish Tgt 7.00 . Formation of Patterns after respective fall from high of near 9.00
Recently this scrip had broke the major resistance and now it had formed a wedge pattern and it is at he stage of breakout. This scrip is in an uptrend for a long time so we may expect some good up move in this scrip. So there is another opportunity to long this scrip, those who are long at the previous breakout may add some quantities to average it.
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Thi scrip had formed a channel pattern after the breakdown from a wedge pattern. Now this scrip is trading at the support of the channel pattern and it has also formed hammer near the support. As the all above gives this scrip a buy signal. If you take a look at the scrip's major trend it was in downtrend since its debut . This scrip is also trading below...
This scrip had broke the wege pattern as well as Monthly CPR resistance with good volume. This scrip is in a nice uptrend for a year and may continue its momentum. Swing traders may consider this scrip and may hold it for weeks, i do expect a first target of Rs.10000
Chart pattern: FALLING WEDGE The current market price(CMP) is below 50SMA which is Bearish. Make sure you enter above 50SMA for an uptrend move. The sellers volume is decreasing soon Bulls we can expect bulls to come Can expect maximum 35%return with a risk of 10% CDSL is Fundamentally strong company Dividened date is on 5th September. 9rs per share PIOTROSKI...
Trade Action points 1. Wedge Potential Breakout in H4
M&M Finance Cmp 155 dated 26.8.2021 1. Falling Wedge BO @ 157 Buy above 157 for a tgt of 163-173-180-190 SL 145 It is just a view, pls trade at your own risk.
Btc is forming a rising wedge and now it broke down it! the main resistance is 49-50k and the critical support is 45k if hold above it we can expect move upside and can can came back to 40k or even 35k level so trade with tight stop loss. Also we can see a that the rsi is forming a bearish divergence. you can see a similar situation earlier. its better to avoid...
Buy Procter and Gamble Stoploss 5250 Target 6250 Falling Wedge Pattern
NSE:ADANIPORTS ADANI Ports has Wedge breakout - target 760, 780, 800,, 880
Castrol india is forming a descending triangle pattern.It may be good after the long consolidation it went through. Risk:Reward= 1:2 SL 139 Target 152 Disclaimer. Only enter if the triangle is broken upside NSE:CASTROLIND
Hello Guys, welcome to another analysis, GMMpfaudler has broken out of a wedge and a trendline today, seems good for a target of 3-5% in short term. Do keep SL around 4700 Targets 3-5% . Trailing can be done.
Hello Guys, welcome to another analysis, GMMpfaudler has broken out of a wedge and a trendline today, seems good for a target of 3-5% in short term. Do keep SL around 4700 Targets 3-5% . Trailing can be done.
IRCTC seesms reversal candle And touced the support channel line We can cover some gain Channel breakout ... can go long R 4 Breakout already happened