Learning to catch High Probability Breakouts

[XRAY27]

Similar Tweezer Top pattern ,but not at the top

Great pattern with excellent success !! it is one of my favourite setup to trade !!

:thumb:

 

[timepass]

Similar Tweezer Top pattern ,but not at the top

Daily Chart of TechM

again beg to differ, but that does not look like a tweezer top. There is an engulfing bull yesterday.

Sudoku1, come in on this please.

 

[amitrandive]

again beg to differ, but that does not look like a tweezer top. There is an engulfing bull yesterday.

Sudoku1, come in on this please.

Can be an engulfing bull, Tweezer top or a Tweezer Bottom.Will be clear after a couple of days of price action.

 

[Raghuveer]

Thanks for the chart. Where can I read more on this?

 

[amitrandive]

Thanks for the chart. Where can I read more on this?

Raghuveer

I do not remember the source.Many of these images are taken from Google search when I am in my research mode.

 

[amitrandive]

Golden and Death Cross of Moving Averages

Sometimes we are so caught up with complex analysis that we loose sight of the simple things which really work in the market.

A simple moving average crossover of 3-15 EMA on a daily chart at proper support/resistance levels gives fantastic trading opportunities.

Daily chart of Gail

 

[amitrandive]

 

[amitrandive]

 

[amitrandive]

Daily Chart of Karnataka Bank

Crossing Resistance of 160 proving tough

Current price at 136.75 after low of 130.
Nearly correct support and resistance lines.
:clap:

 

[amitrandive]

Similar Tweezer Top pattern ,but not at the top

Daily Chart of TechM

again beg to differ, but that does not look like a tweezer top. There is an engulfing bull yesterday.

Sudoku1, come in on this please.

Can be an engulfing bull, Tweezer top or a Tweezer Bottom.Will be clear after a couple of days of price action.

TechM closing today at 2486.4