Only go long at desired price as shown in charts, entry exit both are mentioned. For Educational purpose only.
I am posting this for personal use, do not take any investment decision based on this post.
Personal use onlyfxgnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
Don't Know what's the issue, charting tool is not working properly.
The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern. A flag pattern, in technical analysis, is a price chart characterized by a sharp...
KEY TAKEAWAYS An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends An inverse head and shoulders pattern, upon completion, signals a bull market Investors typically enter into a long position when the price rises above the resistance of the...
It tried breaking out from the descending triangle but it seems like it failed or came back to retest, we need to observe closely, where it wants to go in the future. KEY TAKEAWAYS A descending triangle is a signal for traders to take a short position to accelerate a breakdown. A descending triangle is detectable by drawing trend lines for the highs and lows on a...
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns. For Educational Purpose Only
KEY TAKEAWAYS A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order...
For Educational Purpose Only
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to breakout or breakdown. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. For Educational Purpose Only
KEY TAKEAWAYS A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order...
A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may...
One can scalp either ways where it breaks. For Educational Purpose Only
A symmetrical triangle chart pattern represents a period of consolidation before the price is forced to break out or break down. A breakdown from the lower trendline marks the start of a new bearish trend, while a breakout from the upper trendline indicates the start of a new bullish trend. For Educational Purpose Only.
Reliance reversed from demand zone, taking support, if it breaks its 50 & 200 EMA, the more likely to trade upper side in the remaining FEB and could march as well my target is just 200 EMA, if it breaches 50.