Flag and pole on IBMHeya fellow traders,
Back with my signature Flag and pole on a weekly chart with IBM. clear flag and pole formed from 2020 drop till today including the current bear market.
Oscillators shouting a BUY.
So, what are you waiting for. Small stop loss below the latest candle with a 70% return.
Thank me later !
Flagandpole
JSWSTEEL getting ready for next upmove?After an extraordinary bull run from March 2020 to April 2021, JSW steel has been consolidating from the past one year.
It has already given a breakout from flagpole pattern and has reached its ATH which is 776.50.
RSI is looking very strong as it is above 60 in the weekly TF. Looks like a good swing as well as positional trade if it sustains above 775 . One can add on dips upto 725-730.
This opinion is just based on my personal analysis and not a trading suggestion.
SIKA - Flag pattern Breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
GBP/AUD Target Hit 1.88000Took this trade on the breakout of flag and pole pattern on 4h time frame on 26 november i have posted this but somehow or techincal issue maybe its not uploaded on ideas after breakout it took a retest from the 1.85750 and then added this position on 1 december with the stoploss at 1.85660 then the trade started and our fib level target 1.87600 got triggered there is more room left for the target on 1.88000 but i have exited and booked positions at 1.87600 because of the rejection from 1.87900 levels. Good 1:3 R2R Ratio
Flag Pattern Break Out Imminent On Maruti SuzukiFor my first ever TradingView post, here is a trade brought to you for free. As you can see in the image the flag patterns that Maruti Suzuki has been forming at 15 min timeframe. DO NOT CONSIDER IT A CALL. You can analyse for yourself as per the image provided and then put your thought in comment section if I made any errors. (Don't know if TradingView has one). NSE:MARUTI
ZOOM VIDEO FLAG AND POLE Hello All
Hope the last trading week was in the green for all of you.
Back with a flag and pole on a daily and weekly time frame on ZM (this chart is on a daily).
Good entry point if the daily takes support of the trend line and closes above the previous low.
Stop loss just below the support trend line of the flag ( see red horizontal line ) .
My entry is at the yellow horizontal line.
Risk management rules fit well to a 2% rule if you start with a small to medium position for now.
Can always pyramid on more while the stock is on its way up after a breakout of the resistence trend line of the flag with zero risk. ( stop loss = entry point ) or even add a trailing safe zone stop loss for profit taking.
The target beautifully meets the previous resistence as you can see in the picture ( marked green horizontal line ).
If you like the idea and would want more of such entries and exit ideas , please leave a like and a comment.
Your support is greatly appreciated.
Happy Trading
HTHT Target AchievedHello
I had published an idea about HTHT breakout or breakdown a few weeks back.
HTHT target is reached. Those who went short it was a good profit goal but worth looking for after the breakdown.
Price target took support at previous support zone. A good entry for going long with a small dollar risk.
Thanks and please leave your feed back and a like
Happy Trading
ANTM INC FLAG AND POLEHello All
Back with a flag and pole this time in a healthcare stock ATNM Inc.
Trading in a range for a few weeks now, with support of the trend line and doji being formed, a reversal is in order.
A good buying oppurtunity at this point with a good upside of almost 15 % to 10 %
Stop loss a few dollars below the trend line.
High reward with low risk entry
Have fun and please feel free to leave your feedback and comments.
Thanks
Pfizer Flag and pole Target AchievedHello ,
I had previously published a Flag and Pole pattern on Pfizer Inc. ( See my previous ideas on PFE )
Just as a confirmation about the nature of technical analysis, today the target is achieved.
Please feel free to leave your feedback and a like.
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