bitcoin running sideways in briefI hope all of you guys have made the profit through my long published idea of btc while it was accumulating around 20500$
it jumped around 6000$ from there almost
now talking about the current predicament of the market the mother bitcoin is consolidating if it stays around 23900 zone below this distribution will start
it is advisable for you to not to take any trade cause anytime it can move in any direction
institutions are fearless beware of any stupid analysis of people
take your time th
Descending Triangle
Descending triangle Break out on KPR Mills - Weekly chartsKPR mill breaks out of the Descending triangle pattern on weekly chart. The Entry exit points are all mentioned on the chart. The volume is building up.
Disc ; Invested from lower levels, this is for educational purpose only. Please do your own research, before investing.
Spicejet Ready to Fly?Points to note:
1. A STRONG DEMAND ZONE near the 34-36 range, formed and sustained repeated tests.
2. A (final?) TEST BELOW the zone attempted yesterday & rejected with vol., leading to belief that sellers have lost interest.
3. A DESCENDING TRIANGLE formed. Therefore, a good move can be expected.
____________________________________________________
Aggressive Entry at cmp with SL 31. Targets of 43.55, 58,63.
RR of 1:3.5
Disclaimer: As always, trade according to your own risk appetite. And alw
SLong
PETRONETPETRONET:- Descending triangle pattern is formed, if upside breakout and sustain we can see movement to the upside, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning
Updating Old trades and 1 New Idea for swing trading I daily make educational content videos for swing trading ideas and opportunities with price action logic
ILong
Investment plan for PERSISTENT Investment Plan ( My own, don't take it as a call or advice, just an Idea )
This stock is making a great pattern known as descending triangle pattern, on the weekly time frame, but here you will see how the stock went under breakdown
in May 2022, the stock got out of pattern and marked a lower low there with a bottom around 3100 levels; it retraced back.
Still, the stock made a W bottom there and came up with power and retraced back to the W bottom neckline and now coming back up at the sup
Adani Green Showing strength NSE:ADANIGREEN . Adani Green had shown a breakout from the descending triangle pattern above the white line, which was a resistance many times before ( as seen from the graph). Also with high volume for the past two trading days.
The stock had moved more than 10% in the last two days. So if the stock corrects a bit, I will be watching the white line and expect it to be a support. Something to be kept in mind is that Adani green is at a higher PE than industry PE and currently looking at it onl
ILong
TATA motors - BREAKDOWNThe descending channel pattern is a bearish chart formation. It develops within pronounced downtrends in asset pricing.
traders view descending channels as evidence of weakened strength in the counter currency. Accordingly, it is frequently used to sell a currency pair and join the prevailing market downtrend.
First, let’s study the case of the descending triangle reversal. Typically, the descending triangle is more powerful when traded in the context of a trend. It’s also more powerful when
SPICE JET - Now time to flyshare name : spice jet
call type : positional or investment
- share is forming a descending triangle pattern
- moring star on c point on monthly time frame
- we can see a good base on 61 it will definitely
act as resistance if it will take out and price
will form higher low . we will definitely see
targets up to 61,108 126 as per gartley
- we can accumulate this share at current level with stop loss of 33 which is all time low of this stock
thanks
SLong
Descending Triangle in adani green energy ltdA descending triangle appears in Adani Green Energy.
This pattern is seen to start with a market high and then the market makes a new low, then the market makes a higher low and a lower high.
When the market breakouts the channel, bearish power is seen within the market.
The market is likely to make new lows.
T 1= 1939
T 2= 1858
SL =2124
Thank you
@Money_Dictators
Bajaj finance chart dailywhere do bajaj finance go first ? What do you think ?
1. Bearish H&S is forming break below neckline. it will fall.
2. It will rise from Support zone.
3. It is forming a continuation pattern, it will rise after breakout above trendline.
4. it is making a bearish pattern descending triangle, it will fall.
Please do comment your answer.
my vote goes 2 option.
Note : only for learning, not a trading tip.
GATEWAY might rally (Significant demand zone)From the above chart we see that #GatewayDistriParks, a company into logistics has been moving downwards and recently had a volume spike and a breakout of the downward sloping trendline, it gave a low volume pullback & since listing it has respected a Demand Zone, ample of times and every time some buying can be seen happening in that zone. The recent price action is a retest but this is a risky trade so a strict SL needs to be there below the demand zone and resistances mentioned above in the c























