Asain Paints - Where is good opportunity to buy TechnicallyOn a Monthly time frame Asian Paints has penant breakdown.
With this possible levels could be 2300 / 2200 / 2150
Pennant
A golden move by EURUSDA golden move by EURUSD almost half pennant pattern nearly completed waiting for the remaining parts and there is a beautiful 5-drive pattern complete and waiting for a short triangle breakout and everything goes in the same directions
X to $35My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Price at or near 1.618 Fibonacci level
Entry at $30.50
Target is $35 or channel top
Merchants Bancorp/IN | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Merchants Bancorp/IN
- Double Formation
* Pennant Structure | Area Of Value | Subdivision 1
* Retracement 1 | Not Numbered
- Triple Formation
* 012345 | Wave Count Valid | 345 Template Ongoing Entry
* Retracment 2 | Numbered | Subdivision 2
* Daily Time Frame | Behavioural Settings | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
1820 CE about to blastSunpharma 1820 CE is breaking out of falling wedge wih decent OI.
Risk:Reward = 1:3
Could b bought above 20 with mentioned stoploss & target.
$FET Move IdeaI've been wrong on NYSE:FET before, so don't take this to the bank or leverage :) ... I'm in spot from much lower.
This recent CRYPTOCAP:BTC dump had NYSE:FET testing $1.34 lows. I was personally expecting a final dump in this area if price action repeats the prior big move from 1Q24.
If this plays out, you would see a thrust to $6.50-$8.50 in 1Q25 (6x), perhaps with an "AI" narrative revival.
Has been going down for a while now.We've been consolidating near the bottom for a while, and the setup looks promising for a breakout. Fundamentals support this: energy demand is rising, and commodities are becoming increasingly scarce. Technically, we see a double bottom and a head-and-shoulders pattern. Price action is tightening into a pennant-like formation, suggesting an imminent move.
Heartland Express Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Heartland Express Inc.
- Double Formation
* 12.50 USD | Survey value Area | Subdivision 1
* Retracement 1 | Not Numbered | Subdivision 2
- Triple Formation
* ((Pennant Structure)) | Downtrend Continuation
* 012345 | Waves Survey Valid
* Retracement 2 | 0.5 | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
EURO - Price can bounce up from support level to $1.0650Hi guys, this is my overview for EURUSD, feel free to check it and write your feedback in comments👊
A few moments ago price declined inside falling channel, where it fell from resistance line to $1.0765 level.
Then price rose to resistance line of channel, making first gap and then making a downward impulse, exiting from channel.
Also then, EUR continued to decline inside a downward pennant, where it broke $1.0765 level and later fell to $1.0470 level.
Next, price declined to support line of pennant, after which made a second gap and rose to resistance line of pennant,
After this, Euro declined to $1.0470 level and some time traded near, but now it trades close support line.
Possible, price can fall to support level, exiting from pennant and then bounce up to $1.0650
If this post is useful to you, you can support me with like/boost and advice in comments❤️
Pediatrix Medical Group, Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Pediatrix Medical Group, Inc.
- Double Formation
* 9.50 USD | Uptrend Bias | A+ Settings | Subdivision 1
* Pennant Structure | Survey Valid | Subdivision 2
- Triple Formation
* Retracement 1| Bias On hold | Entry Settings | Subdivision 3
* Retracement 2| ((50)) & 0.236)) | Hypothesis
* Retracement 3| 0.382)) & 1.618)) | Hypothesis
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
Vistra Energy Stock Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Vistra Energy Stock Quote
- Double Formation
* 130.00 USD | Survey Area Valid | Subdivision 1
* (Neckline) | Entry Bias Valid
- Triple Formation
* Pennant Structure | Uptrend & Continuation At 115.00 USD
* Retracement | 0.382)) | Retest | Hypothesis | Subdivision 2
* Daily Time Frame | Valid Area & Entry Settings | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
KHAZAANAGodrejprop broke out of triangle pattern on hourly charts with very good OI build up suggesting Long build up.
Risk:Reward = 1:3
Could b bought with mentioned stoploss & target.
$NASDAQ:QUBT Breaking Out of Bullish PennantNASDAQ:QUBT Looks like this is breaking out with an ~$8 upside (~$16 Price Target). Waiting for validation on volume, but we're already above 28M shares traded in the first 2 hours.
ILP can be traded for 60% potential gainsILP trade can be entered into at a price above 85.5 with a SL of 60.5
First TP will be 110.5 while second TP would be 135.5, Final Projection of the Bullish pennant around is Rs. 140, a good company with solid capital potential on the cards.
$SHIB 1H Chart close to a trigger with Bullish outlookTrigger is the 200MVA in the 1H chart
Target 1 and Target 2 highlighted in the chart
Stoploss is 2660
FLAGTorrent Pharma Fut breaking out of flag n pole pattern on daily/hourly charts with decrease in OI suggesting shortcovering.
Risk:Reward = 1:1.5
Could b bought with mentioned stoploss & targets.
Societe Generale | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Societe Generale
- Double Formation
* 29.500 EUR | Area Survey | Subdivision 1
* Pennant Structure | Configuration Method Valid
- Triple Formation
* Retracement 1.618)) | Support | Uptrend Bias | Subdivision 2
* ABC Flat Correction | Hypothesis At 27.450 EUR | Subdivision 3
* Trend | Behaviour & Entry Principle | Daily Time Frame
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Neutral
IAG - GBP | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# IAG - GBP
- Double Formation
* 012345 | Waves Survey Valid | Subdivision 1
* 2.5000 GBP | Pennant Structure Area Of Value
- Triple Formation
* Retracement 1.618)) | Uptrend Bias | Subdivision 2
* Trend | Daily Time Frame | Configuration
* Behavioural Time Settings | Survey Valid | Subdivision 3
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Buy
Buy & Come in JanuaryLupin Fut broke out of triangle pattern on daily charts with decent OI build up suggesting long build up.
Risk:Reward = 1:3
Could be bought with mentioned stoploss & target.
FlAGMCX fut made flag n pole pattern on daily/charts with negative OI suggesting short covering.
Risk:Reward = 1:2.5
Could b bought with mentioned stoploss & target.
Rivian Automative Inc. | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# Rivian Automative Inc.
- Double Formation
* 25.50 USD | A+ Set Up | Subdivision 1
* 14.50 USD | Retracement Not Numbered
- Triple Formation
* ABC Flat Correction | Pennant Continuation | Subdivision 2
* Top / Bottom Structure | (Neckline) | Subdivision 3
* Daily Time Frame Configuration
Active Sessions On Relevant Range & Elemented Probabilities;
London(Upwards) - NYC(Downwards)
Conclusion | Trade Plan Execution & Risk Management On Demand;
Overall Consensus | Sell
Bull flag or pennant at 1000PEPEWhy not?
Pepe has been making me happy with intraday trading for the last six months for sure.
So why not?
On the wave of a good bullish trend and the fall of Bitcoin dominance, you can build a fairly simple, I would say, textbook pattern of a flag or pennant.
Let’s take the exit from the sideways trend as the base, the potential take of the pattern is 0.03999.
On the daily timeframe, the RSI has not even reached 90 and is very far from a technical break in the trend.
I assume the pattern will work.
#009 NEW DCA CADCHF Buy Higher High Higher LowPrice is making higher highs and higher lows as seen on the chart and so I bought.
It seems that price is also at the minor resistance area, but all is fine.
TP and positions will be shown in the screenshot below.
1603SGT 13122024
