Noob_Trad3r

Noob_Trad3r

-BCH Falling Wedge pattern completed. - Waiting for a clear breakout on 4 HR chart and target 0.618-0.786 FIB Level. - Be careful with the fakeout.

Noob_Trad3r

- BAT is forming IH&S pattern. - This whole move up can be ABC correction and currently its in Wave B. Or this could be start of new impulse wave and currently its in wave 2. I'm waiting for Neckline to break, will long on retest of neckline.

Noob_Trad3r

- Axis Bank finally broke out from the ascending triangle. - Laddering some longs 505-480 ( for positional or holding ) - Stop Loss at 450 in case pattern failure. - Target = Height of triangle.

Noob_Trad3r

- IOTA/USDT after a good rally, now at the top its forming Head & Shoulder pattern. - This kind of pattern is normally formed on the TOP of the market after a rally. - Wait for the Price Action when it touches the NeckLine of the pattern. - Breakdown with volume will confirm that the down move or correction started. Target for downside = Height of Head

Noob_Trad3r

-LINK/USDT is forming Bull Flag/Channel. - Volume is following the Bull Flag/Channel decreasing volume with Price which indicates Moderately Bullish & weakening downtrend. - Sell Pressure is good bulls waiting for bears to exhaust. - RSI is giving early sign of breakout but for confirmation we need candle close. - If this pattern plays out and it break out,...

Noob_Trad3r Updated 

- CHEMFAB is forming Ascending triangle pattern on daily charts. - Triangle base line is holding pretty well. - On breakout above the resistance zone, will look to get in for target 220. Good R:R Here.

Noob_Trad3r

- Theta/USDT is forming IH&S Pattern on 2-4 HR Timeframe. - Break of neck line will confirm the pattern. - Expecting a run of 10-13% after breaking neckline of IH&S Pattern. - RSI also forming the same pattern. #Theta

Noob_Trad3r Updated 

- IndusInd Bank forming IH&S pattern after the correction, - This pattern usually forms when the correction is over and starts new rally. - Expecting a move towards 560 Easy Target for IH&S Target,

Noob_Trad3r

- BHARTI AIRTEL is forming BULL FLAG on daily chart. - This BULL FLAG could be ABCDE correction and than move up for final rally towards 2.618 FIB Level. - Patters are easy to play out all you need is invalidation point for your patterns. 1:8 R:R

Noob_Trad3r Updated 

- NSE:TORNTPOWER formed IHS pattern on daily time-frame. - Daily candle closed above the neck line. - Taking a small long trade here with 1:6 R:R. Let's see how this plays out.

Noob_Trad3r Updated 

- TCS is forming Rising Wedge over higher timeframe chart. - Taking a small short position here, will add more on breakdown of wedge. - R:R is good here & the pattern is in favor of BEARS.

Noob_Trad3r Updated 

- Currently, BajajFinance is trending between Weekly Resistance & Weekly Support. - Waiting for it to break the daily resistance and candle close above to take a long position for target Weekly Resistance Level. - Candle close above weekly resistance, can lead this rally towards 0.5-0.618 FIB level.

Noob_Trad3r

- ONGC Formed Rising Wedge Pattern. - Target 0.618 FIB Level for downside.

Noob_Trad3r

This chart is just to keep my record of Waves. Please don't trade on the basis of this chart.

Noob_Trad3r

- NSE:AXISBANK is currently forming triangle pattern which is continuation pattern. - Not taking any positions for now, just waiting for the triangle to breakout or breakdown. - Keep an eye over this triangle. Love the patterns <3

Noob_Trad3r Updated 

- Bharti Airtel did nice run up in last few weeks. - Formed an uptrend Channel & Currently forming H&S Pattern in uptrend Channel. - Breakdown from the uptrend channel & neckline of H&S pattern will lead it to dump towards 400-430 range.

Noob_Trad3r

- BankNifty forming a triangle pattern, which is continuation pattern. - Invalidation level is marked over the chart. - If this plays out i think Banknifty can go down towards 10k-12k levels.

Noob_Trad3r Updated 

- IH&S pattern not yet formed completely, I am waiting for it to form right shoulder completely and bounce from 0.618 FIB Level. - Will Build small position from 0.5-0.618 FIB Level with Stop Loss below the Head. - On breakout from the neckline of IH&S will add more to my position for target 30-40% move.