Tata Metaliks Ltd NSE: TATAMETALI Forming an ascending triangle with bullish volume spikes for every re-test at 860-880 zone. almost completed 4 re-tests and huge volumes popping up this time. A strong close above 865 confirms breakout with a SL of 790 and Target of 1000
This secret parallel channel on the LOG scale is very important for your trades because you want to take profits if the price reaches the top of the descending channel! This is a dynamic resistance, so the trendline changes over time, but currently the resistance is around 39K. 39K is a strong level not only because of this channel but also because of the 0.618...
Tata Chemicals weekly chart. An ascending triangle type pattern can be observed. Breakout about 1030 can lead price to reach previous highs around 1180. Worth keeping an eye on. ❤ & follow?
NRSL: After the breakout of a descending Triangle Pattern successfully retested it 200 EMA of daily time frame. In last trading session closed with bullish engulfing above its recent high with strong volumes.
Wayfair looks like it is coming out of a W shaped double bottom and testing resistance. Close and confirmation above ~$72-73 looks interesting.
(14/1000) Ascending Triangle for INMD. Confirmed. Possible 54,30% gains. Pros: 1- Bullish Ascending triangle, Confirmed 2- Descending volume during formation 3- PPS above 50MA and 200MA 4- R/R ratio above 5 5- 250RSI above 50 but flat 6- 50MA above 200MA 7- 50MA and 200MA ascending. 8- RS above 0 and climbing a little 9- Volume at break out Cons: 1- ATR flat,...
(13/1000) Ascending Triangle for MGM. Confirmed. Possible 68% gains. Pros: 1- Bullish Ascending triangle 2- Descending volume during formation 3- PPS above 50MA and 200MA 4- R/R ratio above 5 5- 250RSI above 50 and climbing 6- 50MA above 200MA 7- 50MA and 200MA ascending. 8- RS above 0 and climbing 9- Golden cross circled in blue Cons: 1- Pattern not...
(12/1000) Ascending Triangle for DHI. Confirmed. Possible 82% gains. Pros: 1- Bullish Ascending triangle, Confirmed 2- Descending volume during formation 3- PPS above 50MA and 200MA 4- R/R ratio above 5 5- 250RSI above 50 and climbing 6- 50MA above 200MA 7- 50MA and 200MA ascending. 8- RS above 0 but a bit flat 9- ATR is ascending, more volatile 10- Golden cross...
(11/1000) Ascending Triangle for CHX. Confirmed. Possible 46% gains. Pros: 1- Bullish Ascending triangle 2- Descending volume during formation 3- PPS above 50MA and 200MA 4- R/R ratio above 5 5- 250RSI above 50 and climbing 6- 50MA above 200MA 7- 50MA and 200MA ascending. 8- RS above 0 and climbing Cons: 1- ATR is descending, less volatile Target price is...
BITSTAMP:BTCUSD forms a false breakdown of the key resistance after which the format of the movement passes into the correction phase. The price is consolidating between 0.236 and 0.382 fibo Paying attention to the chart we see the continuation of the ascending price channel formation. The price indicates a rather high interest on the part of buyers, as the...
BINANCE:ETHUSDT is forming an interesting situation. For more than a year the price has been trading under the strong resistance of 2020. After a while we begin to realize that this level is the upper boundary of the ascending triangle. This pattern can be interpreted as consolidation of potential by dynamic buyers with the purpose of possible overcoming the...
🟡NEO is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon. ⭐also NEO created Hidden Bullish Divergence . ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
In this requested analysis, we will analyze DOGE in one day time. Dodge Kevin has reached its 6 -day descending ceiling or is better to say that there is a 5 % increase to the range in the blue box specified, but if it fails to break this range, there is no chance of falling for the currency, and there are three areas to support the currency, but if there is no...
Hey friends hope you are well, and welcome to the new update on Bitcoin Cash (BCH). Falling wedge breakout: On a weekly time frame, the 15th largest cryptocurrency has broken out a falling wedge pattern. Big symmetrical triangle: After the breakout Bitcoin Cash was not able to continue the rally because of a resistance of big symmetrical...
The instrument is in a locally downtrend, a descending triangle pattern has formed, with a cascade of short levels behind which the stops of market participants are very likely, the instrument has been in consolidation for a day near cascade levels, with the next approach, I expect an impulse breakdown of cascade levels in order to collect the stops of participants
Company: Goldman Sachs Group, Inc. Ticker: GS Exchange: NYSE Sector: Financials Introduction: In this analysis, we are examining Goldman Sachs Group, Inc. (GS) on the NYSE, a key player in the financial sector. The weekly chart indicates a potential bullish reversal in the form of a classic Symmetrical Triangle pattern that has been forming over the past 287...
EURCAD is approaching a confluence zone based on a horizontal support and 382 retracement of the last bullish impulse. The price also formed an ascending triangle formation on 1H time frame and broke its neckline as a confirmation. I expect a pullback to 1.4717 / 1.475 ❤️Please, support my work with like, thank you!❤️
All details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts. Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation