DEEPAK NITRITE
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Double bottom Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2040+.
✅Can Go Long in this stock by placing a stop loss below 1985-.
Trading V-Patterns
The recognition of patterns and its body of knowledge of how to react and what to expect helps a trader's success.
Traders are always analysing 'Trends' and 'Reversals.' Their eternal question for traders is 'Can the trend continues?'. Knowing trends and trend reversals are critical for any trader’s success.
Chart patterns classification of...
On the four-hour and daily time frame, we have a positive RSI divergence, which is accompanied by the harmonic patterns of CYPHER & Nen Star
On the other hand, the support range of $0.2755 has been maintained for now, but we don't have any highs.
If the $0.2755 range is maintained, there is a high probability of breaking the long-term downtrend line.
What do you think?
This symmetrical triangle pattern has formed on the 4-hour chart of the EUR/USD chart pattern. This formation offers an opportunity to buy EUR/USD in case of a bullish breakout. The triangle's borders are marked with the yellow lines. The potential entry level is shown with the cyan line. The potential take-profit level is where the green line is. The stop-loss...
