Extremely clean setup, Breaking the rectangular pattern. Atul Auto went highly bullish , 55% up after braking the consolidation range. This one I hold in my portfolio. Only regret I have is why didnt I add more. Gap is perfect, Weekly resistance level broke with good volume , Breakout came with good volume . Sustaining the breakout with volume , Broke 200 DMA...
As we can see btc approaching the bottom of the range. Breakdown target is around 13k. Trade safe
FX:GBPUSD we have rectangle pattern and we just wait for london session to complete pattern and get short position
USDJPY seems to have formed a rectangle pattern. Such patterns are very difficult to break, so be careful when trading. It can be successfully traded by buying at support and selling at resistance or by waiting for a breakout.
SHOP (SHOPIFY) Nice rectangle pattern with prices ranging 30 and 40. Rectangle can be either continuation or bottoming/reversal patterns. Now trying to break the top of the rectangle . Price also above EMA 50 which is positive. A firm break of 40 would trigger a long trade to 54, with numerous resistances on the way, including a gap (see lines on the...
USDCHF has been trading inside a rectangle for years now ! just recently price retested the upper limit of the rectangle pattern and got pushed down vigorously ! I believe that this time around , price would be able to break through the support of 0.95500 and push down all the way to 0.94740 ! my final Target for now is 0.94740 !!
Bitcoin playing rectangle pattern on daily timeframe in bearish
EURCAD has been trading inside a rectangle since April this year ! recently the pair tested the support and got pushed upwards ! Having had a failed attempt at getting pushed to the downside by the pivot line of the rectangle , i assume that the pair will be going up till the resistance of the rectangle before it gets pushed back in the pattern . My final Target...
render token created a nice rectangle in the past days, and is currently retesting its support level @ $1.5 : if it breaks to the upside, we can expect a good uptrend bringing at least a 7% profit targeting the next $2 resistance, which is also the 0.382 fibonacci level the rsi is not looking bad to me and it has much growth potential let me know what you think...
I see a potential zone to sell as the rectangle has been formed. I'd only enter the trade if I have a breakout and a have a retest. The retest must have a candlestick pattern that tells me to enter the trade like a doji followed by a bearish candle or followed bearish candlesticks.
Kotak Bank broke out of rectangle pattern on smaller time frame charts with decent volumes. Kotak managed to break past 1792-1793 level comfortably which was acting as a hurdle for past couple of sessions.. Could be bought with stoploss of 1756 & targets of 1722(if holds) thn 1740 +
The Hang Seng Tech Index appears to be carving out a Rectangle chart pattern on the 4-hour setting. The ceiling seems to be at 4883 with the floor at 4300. Breaking above could open the door to extending the mid-March bounce, but that would place the focus on a long-term falling trendline from February 2021. The latter may reorient the index lower. On the other...
Price Action & Chart Pattern Trading Medium-Term Setup > Dragon Rectangle - Doubled Claws / Bottom Breakout signal Indicator: > Smart Money and Banker Chip Volume support > BBD Banker bullish signal above baseline > Fundflow bottom with reversal pattern > KDJ Stochastic on uptrend ribbon RR: 2:1 Always respect your stoploss
SILJ : Are you bullish on Silver ? Beautiful rectangle pattern on junior silver miners . Traders could trade the top and bottom of the rectangle or wait for a break of USD 18. Potential target of 22 if we break bullish. Then we could see 30 if Silver breaks past USD30-35. Trade safe.
in a rectangle patter for now which go even further down if it breaks the supply trendline in NSE:TATAMOTORS only for educational purposes not recommend for trade
my trade setup for tomorrow (3/05/21) in NSE:ESCORTS only for educational purposes.
LTCUSD Cryptocurrency