Top Tweets for #classicalpatterns
#ClassicalPatterns
• #Manappuram - Double Top Double Bottom, now whichever side it breaks.
• #LT - Inverse Head & Shoulders, though Head is quite deep with respect to Shoulders. Over to the Neckline.

#EURUSD - a massive example of Head & Shoulders as well as Support / Resistance polarity. Now, a Lower High.
$EURUSD
#ClassicalPatterns

Nifty Auto index - Daily
- Index breaking inverse H&S neckline
- Close > 8225 would end 2-month consolidation
- Potential upside is 10%
- Invalidation point is 8045
#Technicalanalysis #Niftyauto #Classicalpatterns

Nifty Pharma Index - Daily
- Time for some cool off?
- Index is forming bearish H&S pattern
- Neckline is at 11096
- 100dma is at 11174
- Closing < 11096 opens door for an 8-12% correction
#Technicalanalysis #Classicalpatterns

DAX 30 index - Daily
- Testing H&S neckline @ 12400
- If sustains below, pattern target is ~11250
#DAX30 #EuropeanMarkets #TechnicalAnalysis #ClassicalPatterns

DXY Index - Daily & Weekly
DXY is approaching the neckline of an inverse H&S pattern (93.65). If sustains above, a rally is likely. Also noteworthy is that this pattern has formed right at the 10yr trend line support.
#Forex #Currencies #TechnicalAnalysis #ClassicalPatterns

EUR/USD - Daily
The pair is testing the neckline of a bearish H&S Pattern (1.1750). If sustains below, weakness is likely. Also noteworthy is the pair showing signs of distribution right around the 0.618 fib retracement.
#Forex #Currencies #TechnicalAnalysis #ClassicalPatterns

EUR/JPY - Daily
After breaking below a rising trend line support a few days ago, the pair has today broken the neckline of a bearish H&S pattern, indicating weakness ahead
#Forex #Currencies #TechnicalAnalysis #ClassicalPatterns

Shanghai Composite - Daily chart
The index is forming an ascending triangle whose resistance line is at 3460. As ascending triangles are usually bullish continuation patterns, we could see resumption of rally if price sustains above 3460
#TechnicalAnalysis #ClassicalPatterns

#Amazon - Daily chart
Nice breakout from a contracting triangle pattern today with decent intraday volume
#NASDAQ #SPX #DJIA #TechnicalAnalysis #Classicalpatterns

Reliance Industries - Hourly Chart
Price testing falling wedge resistance line of 2144. If sustains above it, we could see new high in #Reliance
#TechnicalAnalysis #PricePatterns #ClassicalPatterns

Larsen & Toubro (LT) - Daily Chart
Price has broken out of a triangle pattern today along with strong volume. Also, price has managed to close above the 100-day EMA after a long time.
#TechnicalAnalysis #ClassicalPatterns #ChartPatterns

USD/INR (fut) - Daily Chart
Change of Polarity principle. Former resistance has now turned into support. Break above the Double bottom neckline and downward sloping resistance line would suggest at resumption of uptrend
#Rupee #USDINR #ClassicalPatterns

EUR/USD - monthly chart
The pair is trading right at the resistance line of a falling wedge pattern. The actions that will unfold in the next few weeks will be critical to keep an eye on.
#EURUSD #DXY #fxtrading #TechnicalAnalysis #ClassicalPatterns

Nifty-F #Chartanalysis, #classicalPatterns
Chances of Pole and Flag
In current situation reliability: Medium only
If the breakout happens, Follow the logical levels
Rest as per market mood. :)
#SharingIscaring
https://t.co/QmrKQuuo6n
Note- Reliability is moderate here.
#nifty50

#Ultratech
#VeryClassical
#Breakout #Retest and then:
1 .Respect and Close above 200 DMA
2. RSI taking Support at 40


#Fractals Target 1 achieved at 10810 spot
10340 to 10810 (+470pts)
#TechnicalAnalysis #Fractals #ClassicalPatterns #Patience
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