An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted. Pattern activate when price break the Neckline .
After a strong consolidations when price out from the range . Good sign for Long
After a strong consolidations price out from the range . Good sign for Long
An RSI/MACD divergence occurs when price moves in the opposite direction of the RSI or MACD . Price want some rest time or price wise .
Price break the well defined support level after strong consolidations with volume
Price trading near Inflection point and RSI Divergence in daily time frame with hammer and when price break todays high then we will prefer to go long with stop loss of hammer low .
Price consolidation in between a well defined boundary , after the range breakout we will see a continuation move
Multi Months under performance near to end . Now HDFC BANK Ready to outperform Bank nifty .
Price break the multi year resistance with extremely high volume and re test the level
Price out from 11 months consolidations Zone and break the upper boundary with extremely high volume , high probability price continue the trend .
Price trading near Multi year support and historically 2 times price respect this trendline and made rounding bottom . If history repeat then may be price follow this setup .
Price break the consolidations zone with extremely high volume , high chances we will see a continuation Move . I prefer to place a Stop loss below 490 ( Daily closing basis) Target of 630/800
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Price out from down trend channel and break the upper boundary with heavy volume and Made a Probably W pattern . Chances are high price try to touch life high .
Multiyear Trendline act as a Support and act as a reversal of Trend .
Below 248.00 (closing basis) act as a Stop loss . After price break the well defined boundary breakout confirm .
Flag Pattern is one of the most popular chart patterns, formed by price action, which is contained within a small rectangle or a channel in the shape of a flag. Flags are short-term continuation patterns that mark a small consolidation before the previous move resumes. What is 'Flag' Pattern? A flag chart pattern is formed when the market consolidates in a...
Price out from down trend channel and now ready for touch life high and for our risk parameter we exit if price close below red line mentioned in chart daily closing basis .