Trendline Observation(s). A simple trendline breakout on 30M Chart of MARUTI SUZUKI. BUY above 7771. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Inverse Head & Shoulders pattern forming on 2H Chart of GOLD FUTURES Feb '21 Contract. BUY 1910, SL 1859.9, Target(s) - 1944, 1965, 1975, 1990, 2005, 2025. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Head & Shoulders pattern forming on 4H Chart of ZOOM. SELL 375, SL 436.1, Target(s) - 357, 350, below 345 -> 326, 305. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Rectangle forming on 2H Chart of BEYOND MEAT. It can give nice movement above 146 -> 150. Volume plays an important role in such breakouts, so let's see how it reacts on breaking out of the rectangular box. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Bullish Bat pattern forming on Daily Chart of ASTRAZENECA. BUY SEK 759-760, SL 706.9, Target(s) - 805, 825.
Trendline Observation(s). A simple trendline breakout above 104 on Monthly Chart of JACOBS ENGINEERING after almost 13 Years. It was rejected once before in Feb 2020 from 104. Finally broke out last month. I did not find the volume overwhelming/high enough considering it is a previously tested ATH breakout. Volume above 20 million would've been great. Let's see...
Head & Shoulders pattern forming on Daily Chart of ALIBABA. SELL below 252, SL 266.1, Target(s) - 246, 242, 238, 232. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
Bullish Butterfly pattern on Daily Chart of FACEBOOK. BUY 184-184.5 SL 180.89, Target(s) - 188,190.
Bullish Shark pattern on Daily Chart of DOW JONES INDEX. BUY 27550-27570 SL 27289, Target(s) - 27795, 27900.
Bearish Bat pattern in Daily chart of Titan. SELL around 1124. One pullback was done today, in the afternoon session, from 1123 to 1116 and then back to 1124 levels around closing. Let's see if it reverts back to sub 111x levels on Thursday. I just started learning Harmonics, so I'm not quite sure/confident about giving Target(s) and SL yet. Want to get...