Triple Cup Formation Multiple Rejection From Resistance Zone Ascending triangle is also seen Triangle trendline retest along with weekly support Move towards the resistance zone expected Buy with buy stop SL below trendline support Target 1:2
Price has touched weekly bullish channel very prominent rejection candle seen Similar pattern is also seen last year correction expected Accumulation opportunity for traders and investors around 100 to 120 days cycle of accumulation box expected major bullish activity expected around March Buying recommended around 295-320 levels
Cup and Handle Formation After cup completion, handle in progress Currently trading in Rectangular channel Bullish Divergence appeared Weekly resistance is to break for new highs Buy with Buystop on break of rectangle and weekly Resistance Target Towards neckline on Cup and Handle Stoploss below rectangular channel
Inverted head and shoulder formation Bullish Divergence False breakout of monthly trendline support Seasonals indicate DXY is 75% time bearish in December towards new highs Buy with buy stop SL below right shoulder Target 1:1 and 1:2
Inverted head and shoulder formation Bullish divergence Rejection from weekly support Seasonality indicated 75% of times Bullish moment in December Buy with buy stop Target towards 1:2 SL below right shoulder
Double Bottom Formation Bullish Divergence Weekly support acting as strong zone for reversal currently trading in Rectangular consolidation box Seasonals also Indicates DXY bearish 75% of times in December Bullish Move expected Buy with Buy stop SL on break of weekly support Target 1:1
Inverted Cup and Handle Formation Cup completed, Handle in Formation Rejection Seen from 15 years strong Trendline bearish Activity expected Sell with Sell Stop Stop loss above LH Target towards neckline Possible target 1:6
Rejection From Channel Top Expected retest of 94000 - 95000 zone 38% - 50% fib retracement also complete on this level no visible weakness on RSI overall bullish trend intact
Bearish Channel Rejected from channel top currently facing horizontal resistance breakout of this resistance result in further bearish activity Sell with sell stop of Stoploss above channel trendline Target 1:1
Cup and Handle Formation Multiple Rejection From Resistance Zone Breakout Expected Buy @ CMP or Buy @ Breakout Target next weekly resistance Sl below HL
Double Top formation at weekly resistance Matured Bearish Divergence Rejection seen with Losing bullish momentum New low or bearish activity expected Sell @ CMP SL above double top Target 1:1
Breakout Of Weekly Rectangle Breakout Retest Healthy retracement of 61.8% fib completed Towards new high Formation 1.Buy @ CMP SL below Weekly Resistance Target 1:4
Bullish Channel Respecting Channel trendline Channel Bottom acting as support Multiple rejections from support Buy with buy stop sl below channel bottom target 1:2
Symmetrical Triangle Breakout Now Taking retracement 38% fib retracement completed New highs Expected Buy @CMP SL Below 0.00002430 target Previous High
Cup and Handle Formation Completed Breakout expected weekly resistance level is acting as a neckline waiting for the break of neckline Buy entry with buystop SL below neckline Target towards projection or next weekly resistance
Bullish Channel Fake breakout of channel Now Trading inside the channel Long position Enter @ CMP SL at break of channel
Cup and Handle Formation Cup completed Handle is about to complete moving towards previous highs Taking Long Entry Targeting Neckline Further Bullish activity on breakout of neckline
Bearish Channel Towards new lows Expected to touch channel Bottom Sell @ CMP stoploss at LH target towards 1:1