๐ I have found 15 new patterns on the charts. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite ๐ chart patterns.
โ I will post the remaining patterns one by one every month. For more, you can check out my previous studies ๐ as well. Kindly see my announcement section for all the latest.
โฃ Key Highlights: โ Time frame Weekly โฉ โ W pattern โฆ โ Trend line โฉ โ Flag Pattern ๐ โ Unique Confluence โ
โ Follow me @ tradingview for more updates. Kindly like the chart ๐ & share this analysis.
โ Thank you. Happy Trading!!!
Best Regards, ๐ฟ๐ง. ๐๐๐๐ข๐ง๐๐๐ ๐๐๐๐๐ง ๐๐๐ฟ ๐๐ฃ ๐๐๐๐๐ฃ๐ค๐ก๐ค๐๐ฎ.
โฎ Disclaimer โฎ -------------------------------------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individualโs trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. --------------------------------------------------------
I think you should add volumes as well. Volumes are not at all supporting the move. Price going up and volume drying. Just a manipulative move will fall down soon. Just my view
Profitable_Traders
โ
@AnkitMal, Yes, you are right. But, there are multiple example, you can find the difference. For example, Bajaj Auto (18 May 2021), BALKRISIND (28 April 2021) and BALRAMCHIN (8 April 2021) (these are few examples), you can find the volume generation after breakout.
AnkitMal
โ
@Profitable_Traders, Thanks for sharing information. Will definitely care of this in chart reading.