Delta Corp - rectangle pattern can also act as a reversal/continuation pattern. Post breakout, the target of the rectangle is the height of the rectangle projected upwards from the breakout level. One of the simplest patterns to trade is due to its horizontal boundaries.

More from The_Chartist ๐
Explained you same concept with Elxsi. The real test of a strong Breakout is that the big hand will not give you another chance to buy the share at the breakout level. They will absorb all the selling of weak hands. I mean "STRONG breakout". https://t.co/7fxFqGQl3p

Tata Elxsi ---
— Steve Nison (@nison_steve) June 30, 2021
In the last 10 minutes, all the selling was absorbed despite intraday positions being squared off (if not converted). will wait for the EOD data. However, the chart structure is extremely strong. https://t.co/pci7GCDBEO pic.twitter.com/1NBD9V3mKc
1. A Book written by Sir @Prashantshah267 as attached
2. Research paper by @MebFaber April 2010
3. A book written by Sir Robert A. Levy as attached
4. Webinar by Sir @premalparekh with @vivbajaj
5. Video by @jfahmy on YT https://t.co/xg4fe09ImL

Hi sir ..can u post some articles or write up on relative strength ,how to use same and what is the criteria .. kindly help
— Nanda (@vk_nandagopal) December 11, 2021
This exercise will tell you about your inherent strengths & weaknesses. ๐๐
How to record a trading journal (TJ) & what to analyze?
— The_Chartist \U0001f4c8 (@charts_zone) December 14, 2021
What is in a TJ?
Buy Date
Stock Name
The time frame you analyzed (D/W/M)
Long/Short?
Buy Price
SL
Sell Price
Risk took (% of capital)
Sell date
No. of days held
P/L
P/L as % of capital
Buy Reason?
Invested capital/trade pic.twitter.com/WnrvmYuOV0
USDINR - a breakout that will not bode well for the equities
78+ https://t.co/AWqZxF5B1L

Can you anticipate a breakout? Yes
— The_Chartist \U0001f4c8 (@charts_zone) June 10, 2022
the attached tweet.
now the chart is for USDINR https://t.co/Vb2wKaCvTB pic.twitter.com/INo0GC4fGY
More from Deltacorp
From 108 to 320
Almost 3x
Now looks ready for #ATH
Sabka time aata hain. Only needs patience with #PriceAction
@Rishikesh_ADX https://t.co/8xzh8VGMi9

#Delta corp
— jitu (@Jitendra_stock) August 7, 2020
Only listed Casino company
Due to lockdown, waiting for unlocking
Weekly higher high
Upside 130 to 150 pic.twitter.com/f0qJpIYpNL
153 โ
188 โ
209 โ
Now 225 ๐ฅ
Khelo India khelo
271 - 364 intact
delta corp - follow up and updated chart
— Vibhor Varshney (@nakulvibhor) September 2, 2021
started tracking at 153 , then gave again at 188
now 209
supportive trendline is still intact from 1.5 years
making HH-HL
making round bottom in big picture
target 271 - 364
disc - personally holding in folio https://t.co/KhOsxZEoQR pic.twitter.com/h8KFg4WfQk