Price retested the previous high levels yesterday and moves up super bullish, if breaks the previous high go for 244 target.
Price looking super bullish, wait for the break and enter. Best entry would be at the support.
Price making symmetrical Triangle and currently at the support. 95 was a good buy with small stoploss. Expecting price to break the resistance in the coming week.
Once again (4th time in a row ) Usoil is making a symmetric triangle, breakout may happen both the direction. Wait for the break and enter the market.
Price into a parallel channel and rejected at the top exactly as expected. I din't expect so much strong rejection as the price was completely in a super bullish mode. Another pattern to address is Flat bottom and raising top pattern. According to this pattern also price was rejecting exactly at the top of the trend line. It is not advise to take a new trade...
Metal index reached the resistance level 3 weeks before and now falling strongly. Try shorting the metal stocks which is on sell, leave alone the metal bull stocks !!!
Expecting the price to walk through the lines lets see :) Price definitely going to the top of the triangle to face the rejection. will come back to the trend line to take support and once again faces the resistance at the top and break hopefully.
Price as discussed in weekly time frame ( related ideas) rejecting from the trend line, as said after confirming the rejection we can go for short trades. AS seen in the pic price is forming a parallel channel pattern at the weekly trend line which is the rejection levels, wait for the channel break and enter the short trade. If channel breaks up then the above...
Price after breaking the 3 years resistance moves up slowly and now it is trying to break the small resistance created 2 months ago. Another thing to watch here in the chart is price taking support from the parallel channel.
Price at the support levels, go long with small stop loss below the previous low (wick). Target would be the trend line running at the top.
Price took support from the previous levels and heading towards the all time high levels. As you can observe from the picture that price trading in a channel pattern and it gently rejects from the channel top and takes support from the channel bottom and moves on.
Once again the price is trading near the support area of the channel which is considered as a good buy. If one is entering the market long at the support can aim for the channel top as the target which is almost 100 points AS you see the previous history of the pattern price exactly took support at the channel bottom and rejected at the channel top. Instead of...
Price at support. last analysis we expect the rounding bottom breakout and it din't worked as the price rejects once again from the resistance levels. Now one can buy this stock with small stoploss.
Price is trading at the support level, one can go long with the closing of today's candle. The advantage of going long at the support level is you can have small stoploss.
Good example for the symmetric pattern breakout and target hit. price is looking strongly bullish and will go up.
Price after a big fall will reverse a little for sure, so just try to capture that reversal after conforming that in lower time frame and enter long and exit as soon as you are in profits.
Price retesting the previous resistance levels, if closes above the immediate high then it will definitely reaches the next resistance level 35.
Weekly chart representing the Price action. Just walk through the chart, to understand.