Trading based on double top, bullish flag pattern on daily time frame. Can you guess the target and stop loss on upcoming trend ?
This has been highly dependable stock since last 1 month. When benchmark Index "Nifty" fell by 500 points, this stock was rock solid holding its swing high level & stayed in the range of just 20 points. This is my Necklace Pattern stock it will be interesting to see how story unfolds when it reaches its previous swing highs.
This stock looks like re-claiming its high on weekly TF. Steady gains on daily basis continued with conviction suggest its move! There is a small hurdle of 150 & then it may see crossing its high 158 soon. This is not a buy suggestion, its only for education purpose!
OANDA:EURUSD Completed a 3 week pattern on Friday now im looking for a 382 retracement to get short for the move lower. DXY seems to have hit a low as well which should give us more downside. Targets are 1.0800-1.0860. Potential on more downside with bigger patterns playing out. Enjoy the week.
Hey Traders, Check this out on CADCHF, the pair just broke the bearish trendline after making a sizeable inverse head and shoulder. I am anticipating for a retest then look of a good buy entry. Check it out and Good luck.
Hello guys. ICP USDT, Weekly TF. Inverse Head & Shoulders. Thanks.
It looks like a megaphone pattern. It may not reach the "Long Open" position. But this seems like a less risky setup. With a good risk/reward ratio.
...from a technical point of view and looking at hourly chart, the answer is "yes"! Hello everybody! If we look at the whole bullish movement started from 22 October 2022, it doesn't seem to me an impulsive rally, far from it! The developed swing seems to be something similar to a corrective structure (ABC Pattern as shown on chart), and if this analysis is...
Classic Necklace Pattern along with "W" i.e. double bottom formation at lower levels on M TF. Check your own chart, this is only for educational purpose & Not a buy recommendation.
if price break the decending chanel we entering to short position with good risk to reward we shoul wait for breaking and retest good luck
This Stock is creating repeated Necklace patterns, i.e. rounded bottom in follow up manner. When such stock tries to reach higher high or tries to defend lower levels repeatedly, it may touch its past glory i.e. its previous Life Time High & explode further. This chart is for study purpose & not a buy call!
Looking for AAPL to retrace to the lower bounds of its current channel. 125-120 is the target zone. Seems very unlikely for Apple to push up to ATH's given such uneasy market conditions, but anything could happen so best to keep a tight stop. VIX at 22. Looking for short-term bull momentum in aapl to take it up to my entry and the short is on! This is...
What we can see on the chart is a falling wedge pattern. The price is still moving inside the pattern, once it breaks above the trendline it can be a good momentum to enter long. Do not forget to put the stop loss under the wedge . Possible target area is shown on the chart.
What we can see on the chart is a rising wedge pattern. The price did not break out of the pattern yet. We are expecting that the price will break down and continue the previous downtrend. The stochastic shows us that the price is overbought but it is not pointing downwards yet. How to trade: Enter the short position only if/when the price breaks down out of...
healthy retracement of a pump and also formed this reversal pattern at the bottom. if this breaks out with volume looking to long this on a pull back.NFA
OANDA:SPX500USD is starting to clean up and give us a real clue as to whats coming in the next few weeks. If its really bullish it needs to hold this 78% level and head up to new recent highs. Due to the drop in yesterdays session we now look lower towards the 4k level and even as low as 3980. An Ideal Scenario sees us getting a retest of 4100 which has been...
OANDA:XAUUSD Hi trader's , Gold as per our last analysis went down and hit all target's Now Gold consolidating and making a potiential reversal pattern 'W' pattern is bullish reversal pattern , as after double bottom , buyer's can push market in upward direction Once 20 and 50 ema resistance area clear , gold can move upto 1973 mark minimum ❤️Please,...
On the chart, we see a falling wedge occurring for PLUG. We expect it to break the support, anytime soon. The target is purely based on technical analysis. Therefore we will advice you to keep in mind, that the stock is at its lowest for a long period of time, and therefore has potential for much higher upside, than our target.