Get started

Chartpatterntrading

BluetonaFX - SILVER Diamond Pattern BreakHi Traders! There has been a diamond pattern break on the Silver 1D chart, and there is potential for a re-test of the strong resistance level at 25.262. Silver has been on a bull run since it found support near the long-term 22.117 level, and there was a momentum break to break and close outside the diamond pattern to complete the break. We are now looking for further communication towards 25.262. If the market reaches this level, we expect strong resistance here again, as the market has not been above this level since May 2023, so there may be potential selling opportunities near this level. We would love to hear your thoughts on this in the comments section. Please also do not forget to press the like button and follow for more updates. Thank you for your support. BluetonaFX
TVC:SILVER
by BluetonaFX
4
BluetonaFX - USDJPY Potential Bull Flag PatternHi Traders! There is a potential bull flag forming on the 1D USDJPY chart. Our bullish outlook on the US dollar continues, and the potential bull flag here is supporting this. We are currently in the flag channel, and we are looking for a break to the upside of the channel. The important price level here to look out for is 146.564; this is August's high, and we must break this level to continue to the upside. A break with momentum above 146.564 and the psychological level of 150.00 will be in sight. That being said, though we are bullish, as always here at BluetonaFX, we do not get attached to a view and must be ready to adapt at all times. If 146.564 does not break, the potential bull flag will fail and the market will most likely pullback, so we will look for selling opportunities around this level. Please remember to like, comment, and follow, as your support greatly helps. Thank you for your support. BluetonaFX 
by BluetonaFX
7
Ascending Channel on XPT/USD @ D1An ascending channel pattern formed on the daily chart of the XPT/USD pair (Platinum CFD) after a downtrend that lasted for about one month. It can now be used for a bearish breakout trade setup. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. The position of both lines is calculated based on the channel's width. The stop-loss is to be set to the high of the breakout candle (or to the high of the preceding candle if the breakout one is trading mostly outside the channel) - it isn't shown on this chart.
OANDA:XPTUSDShort
by AndriyMoraru
DLink Swing Trade IdeaDLink, looks strong in monthly and weekly, multiple times sellers have attempted to bring the price down at the major supply zone of 228-253, but buyers have won and the stock is moving up. Weekly is moving in a narrow range consolidation, 3rd week, now, post the triangle compression breakout that happened. One may look for consolidaiton BO in the upper side of the channel in 75 mins and any Lower TF for a better entry. Monthly RSI is perfectly moving from over sold to overbought, yet to reach overbought.
NSE:DLINKINDIALong
by Rugminik
AUDUSD ~ Snapshot TA / Inverse H&S In The Making?FX_IDC:AUDUSD getting the Bullish bounce after finding a temporary bottom. Intriguing price history - double top rejection looks like formation of "Left Shoulder" of a long-term Inverse H&S pattern.. If AUDUSD has indeed established bottom, extrapolating head/neckline takes price target to ~74 cents (23.6% Fib Extension - March 2020 Covid Bottom / Feb 2021 Top). Further accumulation ie "Head" development strengthens argument for Inverse H&S...then again it's way too early to call & pure speculative indulgence on my part. Nevertheless, TBC. Boost/Follow appreciated, cheers :) CME:6A1! CME:6A2!
by BlueHatInvestor
KPR Mill Poised for a swing upside of 15-20% with an RR of 1:21) KPR Mill is reversing from it's Monthly 0.382 Fib retracement zone. 2) Weekly timeframe shows a Double Bottom Pattern with breakout and retest and , moving up post the retest zone. 3) The retest has happened through a narrow range consolidation of about 7 weeks. So one may consider for an upmove from current levels with 622 range as SL, for a target of 750 range, based on Daily close and Weekly close levels above the previous week range.
NSE:KPRMILLLong
by Rugminik
FSL For short term Analysis.1) Monthly – Moving up into RSI 60+ from oversold zone, reversed at Fibonacci retracement levels of 61.8% 2) Weekly – Uptrend, inside candle has formed. 3) Daily is in a range consolidation for the last 10 trading sessions. 4) 75 Minutes shows a solid compression, if the range breaks 150.30 and sustains for about 1 Hr + then one may consider going long till 160-165 range. Triangle patterns visible with solid support being taken at every fall, the lower range is being protected. 8-10% UPSIDE visible for an immediate swing purpose. All my views are for educational purpose only, Trade as per your risk. Happy trading!
NSE:FSLLong
by Rugminik
2
Nifty Analysis, Important Levels and Intraday Trade Plan Aug 211) Monthly trend is up 2) Weekly retracement is progress, RSI at 60, make or break zone. 3) Fib 23% retracement at 19250 – which is done already 4) Fib 38% at 18789 – very important as it is Monthly swing top demand level. 5) Daily – Crucial support at 50 EMA. RSI < 40. Has not been broken since March rally from 16800 bottom. 6) 4H sitting at 100 EMA crucial support. Has not been broken since March rally from 16800 bottom. Only small sign of reversal is the inverted hammer that has been formed, but it would be active only if it has a follow through candle. 7) 75 minutes timeframe shows 200 EMA breakdown. 8) 75 minutes Timeframe shows a price pattern of descending triangle price pattern. 9) 75 minutes Timeframe also shows a double bottom price pattern with bottom in the range of 19250-19300, a break of the descending triangle support zone is probable, hence there is a probability of 700 points of down move from here, which points to 18600 area. Only if 19300 breaks and sustains for more than 75 minutes. There is also a probability of reversal from 19300 zone. 10) A reversal for an up move would be confirmed only after a strong Daily close above 19600 levels. For positional basis. For an Intraday basis, one may consider if the price sustains strong above the 19480 zone. Hence Nifty is at a Major Make or Break zone. Intraday Trade Plan : ---------------------------------------- Supply zones are marked in black Demand zones are marked in green Market opens flat- 1) May be price would pick the demands at PDC , PDL , consolidate and move till supply levels, majorly PDH zones. Better to Ignore the consolidation and break upside move as there are too many supply zones unless consolidation and breakout happens in PDL / PDC zone itself. One may also enter if PDH is consolidated and taken out. 2) Price may consolidate at PDC TO PDL and break PDL, a great opportunity to trade consolidation and breakdown from PDL, 19250 breakdown till 19200, 19199-19183. One may look for close entries to 19250 for PE side entry. Market opens gap down - 1) If the gap is small, within 19200, price may fill the gap, and then consolidate and then breakout or breakdown, will wait for price action, take a breakout or breakdown trade, If breakout then till PDC , then PDH. If breakdown then till Day Low then to next demand zones as per PA. 2) If the gap is huge, less than 19200, it may most likely continue to move down to 19139, then consolidate further for next movement, one may wait to either trade trend continuation at key demand zones or trade reversals from the demand zones, either of which based on Trade setup confirmations. Market opens gap up - 1) Price may come in for gap filling and then consolidate and break up or break down, will ignore break up trades, will trade a breakdown trade with price pattern consolidation break down confirmation for a target of PDC / PDL. 2) Price consolidation and breakout moves at 19387/PDH zone can be considered for a move till 19470 zone. Please trade at your risk, all views for educational purpose only. Happy Trading! Recipe for a Successful Trader - Rules for Entry, Risk Management for Exit and SL, Discipline in all Aspects, Zero tolerance to Overtrading.
NSE:NIFTY
by Rugminik
Mountain of valume Weakly chart analysis for "Latent View Analytics Ltd" Now global focusing digital world so this company have leader in data analysis like market analysis, product analysis pure digital marketing Technical analysis Global market and our market also in bearish environment, but our stock giving out performance in bearing market let's analysis Mountain of High valume in stock indicates solid upside potential in stock Big big valume showing accumulation is goin on in stock at every level. Fibonacci retracement show next resistance level (0.382) 485-486. Keeping sentimental stop loss of 400 below like 398-390 as per risk appetite getting chance move at 486 first target and 510 to 530 next target in 9-12 month. Upside move Risk reward rati 1:2.5 No recommendation for buy or sell
BSE:LATENTVIEWLong
by investigationofchart
BluetonaFX - AUDUSD Potential Triangle Break OpportunityHi Traders! We have a potential triangle opportunity on the AUDUSD 1H chart. We are looking for a break and a continuation of the break on either side. To the upside, we are looking for a break above the trendline to target 0.64440. To the downside, we are looking for a break of the support line to target 0.63720. Please do not forget to like, comment, and follow as your support greatly helps. Thank you for your support. BluetonaFX
by BluetonaFX