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$USDINR rebounding from inflection point.

$DXY 101.8 Support. Rebound from here can keep the momentum intact.

#TECHCHARTSMEMBERS Breakouts page and pattern reliability numbers are updated. blog.techcharts.net/breakout…

It needs a reclaim of 16,900

Here is why I think #SILVER's test of support area is very important. A cluster of technical supports between 50-55 area.

#BIST100 #BANKS Important support at 14,590.

It is bad on several front. If you are not able to find the original publication of Edwards & Magee, you are better off reading Schabacker's book.

From the latest #watchlist, a H&S bottom with a possible rectangle as the right shoulder. #TECHCHARTSMEMBERS Access >> tinyurl.com/bp7ms2kf

#TECHCHARTSMEMBERS I featured this text-book H&S continuation in the latest report. Getting ready for pattern completion. Access >> tinyurl.com/yr24mvh2

I'm saying going through charts of 1000s without checking the ticker. Filter them by mcap/volume/liquidity and then actually look for the pattern you trade comfortable with across these charts without any bias. This way, the pattern comes first irrespective of it appearing on a financial, biotech or tech stock.

Type 3 breakout

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With rectangles act as the breakout takes place. There are more often Type 1 breakouts. With H&S variety, there are more pullbacks after the breakout (Type 2), so one can benefit from a pullback.

Please check earlier posts.

Type 2 breakout

Both can be used depending on your time frame.

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