- This looks really ugly over ICICI Bank. - Forming a bear flag on higher timeframe. - This can range bound here and form a bear flag. - Breakdown from this Flag will push down the price towards 100-150 Range.
- WABI/BTC have formed a falling wedge on 3D Chart. - Wedge broken out and retested. - Looks like its ready to moon.
#Major levels marked over the charts. #Keep an eye and don't fall in sideways chop chop zone.
#IndusInd is forming Triangle pattern over daily chart. #Triangle patters are continuation pattern. (Trend Continuation). #Waiting for levels to take any trade over IndusInd.
-Forming Triangle over higher timeframe. - Waiting for it to complete ABCDE Waves. - Will look for long entry on the touch of triangle support.
#AMB/BTC - AMB is breaking out from the wedge. - Good buy volume breakout. - Taking small position with targeting FIB Levels.
- Asian Paint is forming H&S pattern. This pattern is usually forms when the stock prices reaches its all time high and at the top. - This pattern yet not completely formed but the love towards the patterns help me to project the things. - This is too early to get in any position. - All you can do is just wait for bounce from the neck line and let it form the...
- JBCHEPHARM formed an IH&S pattern in continuation Bullish Run. - Usually this pattern occurs when market bleeds and shows the reversal signs. - This pattern can formed in continuation rally, which shows the momentum is good with the stock. - I'm adding some buy bid here and laddering them till the neck line. - Keeping stop loss below the formed shoulder and...
- ACC Cement is forming a reversal pattern. - This pattern is ADAM & EVEN Pattern. - For any pattern formation there neckline plays very important role because that level decides that the pattern is going to play out or not. - Will Buy once it closes above the highlighted zone which is neckline and breakout confirmation. - TARGET = Height of ADAM from neckline. -...
- Currently Bitcoin is forming Bull Flag this could be possible Wave B of correction move or this can be Wave 4. - Either its Wave B or Wave 4 there going to be one more leg upside. - Target for this move is marked over the Charts. - Each FIB level is profit booking zone.
- Filling long entries on the breakout retracement of XTZ. - Looks like Wave 5 is due and target is around 3.50-3.57. - Manage your trade according to your risk management.
- Currently ETH is in wave 4 triangle which is forming A-E waves in triangle. - Taking short in range of 227-230 seems good with stop loss at 235. - Expecting next leg down towards 0.618 FIB level which is at 182.
- H&S Pattern formed over XRP/USD - Looks good here to short. - Need Sell Volume Breakout for hard drop.
Waiting for breakout above $200 to take a safe 3x long for Bull Run. If rejects from 200$ than i am going to wait for 157-147 range to buy with 3x for bull run.
Will take a long trade setup on close above the neckline of double bottom. Expecting a next leg move of 30-40% over this.
Taking this setup based over FIB retracement and Wave B
Let's see H&S Pattern at the top plays out or not.