Get started

Chart-pattern

M&M*Everything is mentioned on the chart. I hope it is easy to understand. *Don't jump in to trade at the beginning of the market. let it get settle for 5 min 15MIN first and judge price action. *Avoid gap up or gap down chase. Wait and trade between level. Note: Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action work near that level. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! #stockmarket #stocks #investing #trading #investment #money #finance #forex #invest #nifty #investor #business #sharemarket #financialfreedom #bitcoin #trader #cryptocurrency #entrepreneur #sensex #daytrader #stock #wallstreet #wealth #nse #forextrader #bse #stockmarketindia #daytrading #stockmarketnews #forextrading
NSE:M_M
by waghmarerushi
AMD double-top indicates a fall back to 50 by JanuaryAMD has been trading in a descending channel for the past year. A double-top has just formed near the upper resistance line. This would indicate that the price will go lower shortly. It's possible a triple-top could form before this happens. It's also possible that a cup and handle have formed and the price will break out from the channel. But based on the past pattern cadence and the angle of previous price drops, I expect AMD to hit 50 sometime near the end of December or the beginning of January. I'll be watching closely over the next couple of trading days to confirm.
NASDAQ:AMDShort
by cdnbuzzard
3
BMRI - Awaiting for The Next Reversal PointA symmetrical triangle pattern appeared since Feb'20 to Jan'22, and create a foreseeable target price IDX:BMRI at 11,250. The price was hit 11,000 in Dec 6th, 2022, nearly hit 11,250 as a mirroring projection to the symmetrical triangle, and making a corrective wave so far. I used Fibonacci Retracement to find its reversal point, and finally found it at 8,375 to 8,625 level, I would like to buy IDX:BMRI at these key level. Wish me luck.
IDX:BMRILong
by BaldAndBold1385
Apple is near key levelsFirst of all, forgive me to draw so much in this chart but AAPL is on fire and we've to take a close look to price movements because we could see awesome opportunities soon. We all know AAPL, amazing business, great margins but now suffering some issues with production that can lead to some volatility. In this chart, you can see: 1. A very big historical bullish channel in grey that give us resistance prices in the 100-110$ level. 2. An amazing expanding triangle unfolding with potential price objective at 100-110$ zone. Take care, I'll explain further this price formation and why it could end at 120 or 115$ the movement. 3. The RED danger zone explained in the idea of few days ago. The break of this support led to -7% returns by now. 4. The small downtrend blue line that was our previous idea. We expected a bullish break that never happened, instead we've seen the break of the danger zone support, so our mind is bearish since then in AAPL. (Please see previous idea to understand this in detail). 5. Some blue lines that are major resistances, the lowest one in the 105-110$ zone. Note that this is also the expected zone of 1 and 2. Expanding triangle explanation An expanding triangle is a chart pattern that occurs in a trend and is characterized by a series of higher lows and lower highs. This pattern is formed by two trendlines that converge towards each other as the price moves in a wide range. The upper trendline represents resistance and the lower trendline represents support. As the price approaches the apex of the triangle, it becomes increasingly volatile, and a breakout is likely to occur. If the price breaks out to the upside, it is a bullish sign and may indicate that the trend will continue higher. If the price breaks out to the downside, it is a bearish sign and may indicate that the trend will reverse. The consequences of an expanding triangle in the market depend on the direction of the breakout and the strength of the trend leading up to the pattern. If the breakout is strong and the trend is bullish, it may lead to further price increases. If the breakout is weak and the trend is bearish, it may lead to a reversal or consolidation in the price. By now, we see a wave 3 which is 1,618 times the first wave. We expect a wave 5 which could be 1,618 times the wave 3, this would move the price to 110$, again this zone... Take care, by now wave 5 is slightly more than 100% of wave 3, so the triangle could end at any time, but for us makes sense to wait for lower prices to have a better risk reward ratio. Ahead we have 120$ and 115$ levels which are also important previous supports and resistances and could lead to some bounces or eventually to the end of the pattern. Let's keep watching! Worst case If the price loses the 105$ level, we have no historical volume until 80$ so a crash could happen easily. Anyway, the 105-110$ zone is strong enough to believe that demand will appear there and the expanding triangle could then be confirmed.
NASDAQ:AAPLLong
by All_ChartPatterns
1
POTENTIAL GBPJPY SELL - CONTINUATION OF DOWN TREND This is an update to my previous post, where GBPJPY rejected off of the trend line and proceeded to fall. Now what we see is a retest of a critical price level which could soon be an amazing sell trade, given the fact there has also been a rejection off of the Fibonacci level. The TP would remain the same as my previous post. More importantly, having multiple confluences is what ensures accuracy from what I have experienced, so there is potential for this trade to have an excellent R:R. *NOT FINANCIAL ADVICE, MERELY AN OPINION*
Short
by Trader856
1
Just an ideapredicting the future isn't always easy.... but this is my insight on the ETH game always a potential to drop lower but were seeing fairly strong support around $1100 i assume it will head towards $1600 again just sort of $1600 and retrace back to $1300 before up to $1750-$1770 then we could see the drop to $600 but lets watch the chart and see where this goes I hear the US is looking to create their own digital currency through the news, and when the news starts talking shit on crypto is always when its the best time to buy crypto example.... BTC $139 the news said this is worth nothing.... then it hit about $17,000 in a few month the news laughed as if its a joke like oh i wish i would have bought bitcoin even though they are the people telling everyone to not buy.... welcome to the new era
BITTREX:ETHUSDLong
by Ncard137
2
USDJPY range boundUSDJPY is the only pending order I have at the London Open today. The consolidation is growing and the energy will be building for a breakout soon enough. The Daily trend has been lower of late and the higher time frame has a Bear Flag pattern that is growing the longer the consolidation occurs, with a target for TP1 @ 135.86 Currency pairs have been reversing their daily momentum this week, so I am leaving the USDJPY to buy on too. Just in case this is not a consolidation before a breakdown but an accumulation phase.
by Macrobriefing