Beautiful Bull Pennant on NDQ 4 hrLooking at a beautiful Bull Pennant on NDQ 4 hr. Looks to be breaking out of the upper trend line now. Keeping a close eye on this one.
Breakout!
Bitcoin can make small correction and then start to move upHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price some time ago declined to the support level, which coincided with the buyer zone and even soon broke this level. After this, price declined a little more and then moved up inside the upward channel. In a short time, BTC broke the 56200 level again and then made a retest. After this movement, BTC rose a little more and even almost reached the resistance line of the channel, after which it turned around and declined to support line of the channel. Some time later Bitcoin rebounded from this line to the resistance line, which coincided with the resistance level with the seller zone, and tired to break it, but failed. Later, the price some time traded near this level, and a not long time ago made a fake breakout of the 63700 resistance level. Now BTC trades very close to this level, therefore I think that the price can correct almost to the support line and then start to grow to the resistance line of the upward channel, thereby breaking the resistance level. For this case, I set my TP at 67250 points, which coincides with the resistance line. Please share this idea with your friends and click Boost 🚀
DXY BEARISH BREAKOUT|SHORT|
✅DXY is trading in a
Downtrend and the index
Broke the key horizontal
Level of 100.600 which
Reinforces our bearish bias
And makes us expect a
Further move down
SHORT🔥
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ALGO is breaking out of the current wedge pattern.ALGO has just broken out of the wedge pattern that it has been in for a minute now, and is looking like it could be getting ready to run. It's likely to go the .15 range, retrace back down to the upper wedge trendline, then continue the move from there.
Good luck, and always use a stop-loss!
Germany 40: Trend BreakoutGermany 40 index is observed to undergo a trend breakout. If price is able to breach this marked level and hold a close above it, very likely we will keep seeing upside momentum.
ABCapital Near its ATHOn monthly charts, stock has created inverted head and Shoulder pattern. Stock is consolidating near multiyear resistance and its all-time-high. short term target can be 260. If it sustains above 265, stock can show massive rally towards 450-500. But it will take time. Still, its good entry point if you can hold it for next 3 years.
Disclaimer : this is not stock suggestion. ideas are for educational purpose only.
Gold - A Reversal Will Happen SoonOANDA:XAUUSD | Gold is still in a bullish market:
After the strong breakout which we saw in the beginning of 2024, Gold started another major bullish market cycle. This cycle is definitely not over soon, but Gold might create a short term correction, which would perfectly line up with the upper resistance of the rising channel.
Levels to watch: $2.650
Click chart above to see the detailed analysis👆🏻
Keep your long term vision,
Philip (BasicTrading)
ETHUSD Potential for a channel breakoutETHUSDT has been consolidating since the beginning of the month, forming higher lows, indicating increasing buying pressure. On the weekly timeframe, the formation of a double bottom signals a potential reversal. While the market may continue to consolidate, it's likely to establish a range just below the channel border before a potential breakout.
If the market breaks and closes above the previous week's high, we can anticipate further upward momentum. The target for this move is the resistance zone around 2597.00, signalling a shift toward a bullish trend
Crossover Swing + Breakout Trade - HINDALCO📊 Script: HINDALCO
📊 Sector: Non Ferrous Metals
📊 Industry: Aluminum and Aluminum Products
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 Script is giving Cup & handle Pattern Breakout on daily chart.
📈 Already crossover in MACD.
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 66.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 717
🟢 Target 🎯🏆 - 810
⚠️ Stoploss ☠️🚫 - 672
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
GBPUSD - BULLISH SCENARIOOn the weekly time frame, The GBPUSD price reached a resistance level (1.32988 - 1.31804).
Let's expect the bullish scenario:
If the market breaks and closes above the resistance level,
We will see a bullish move📈
_______________
TARGET: 1.35530🎯
AMAZON STRONG BREAKOUT|LONG|
✅AMAZON is trading in an
Uptrend and the stock broke
The key horizontal level
Of 190.96$ so we are
Bullish biased and after a
Local pullback we will be
Expecting a further move up
LONG🚀
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NZD_CAD BULLISH BREAKOUT|LONG|
✅NZD_CHF is trading in a
Local uptrend and the pair
Made a bullish breakout
Which reinforces our bullish
Bias and makes us expect
A further move up
LONG🚀
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ONDO BREAKOUT Since the beginning of June ONDO has been in a downtrend that saw a -66% move to the downside. Now 111 days later price has broken out of the trend channel, showing a +15% move from the breakout.
The daily candle is currently trying to close above the 1D 200EMA, a convincing close above the MA would be extremely bullish having now cleared the major resistances and the trend is flipping bullish.
Bullish targets would be:
- Local high (LTF) $0.808
- Daily resistance (1D) $0.901
- Key S/R level (1D) $1.048
- ATH $1.50
Stop Loss:
- Local low (downtrend continuation) $0.58
ONDO being one of the standout RWA projects has a great R:R here for the next 6-12 months. Definitely a coin worth keeping an eye on.
PAC, aggressive long entryPAC in a weekly ascending wedge.
Daily is looking shaky but that's because it's on the bottom of that wedge.
Aggressive long entry with a stop below previous anchor point on the wedge.
Confirmation is to wait for a BO, then entry on the retest of the level.
EURSGD: Trend-Trading BreakoutEURSGD has been in a massive range since December 2023. We saw a breakout attempt back in August, which succeeded in September. After the initial move, we anticipate the illustrated target should momentum continue to the downside.
GBP-USD Swing Bullish Breakout! Buy!
Hello,Traders!
GBP-USD is trading in a
Strong uptrend and the
Pair broke the key horizontal
Level of 1.3255 which is
Now a support and the
Breakout is confirmed
Which reinforces our
Bullish bias and we will
Be expecting a further
Bullish move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
AUD_JPY BULLISH BIAS|LONG|
✅AUD_JPY is trading in a
Local uptrend and the pair
Made a retest and a rebound
Of the broken resistance level
Of 97.656 which is now a
Support and as we are
Locally bullish biased
We will be expecting a
Further move up
LONG🚀
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COST only up?This name is an absolute monster,
Another trendline break and above Fridays high at 907.92 can retest ATH at 923.22
It has ER this week, so can be a risky
LPT ANALYSIS🔮 #LPT Analysis 💰💰
🌟🚀 As we can see that #LPT is trading in a symmetrical triangle and given a perfect breakout. But there is an instant resistance. If #LPT breaks the resistance 1 then we will see a good bullish move in few days . 🚀🚀
🔖 Current Price: $14.800
⏳ Target Price: $23.300
#LPT #Cryptocurrency #DYOR
Breakout Strategy: Swing Trade Opportunity with Price Action.This swing trade idea focuses on breakout setups, using price action to identify key levels. When price breaks through support or resistance, it signals a potential trend continuation. The strategy aims to capitalize on momentum after the breakout, with clearly defined entry, stop-loss, and target levels for effective risk management.
stock name: VIPIND
Can the price of XRP really go that high? This chart shows how it could be possible for the price of #XRP to reach the coveted $589 price target. I'm not a big fan of these extravagant price targets in short time periods, but I do firmly believe that they are attainable given enough time and the right circumstances.
Good luck, and always use a stop-loss!
EURUSD → get a long positionhello guys.
as you can see the eurusd breakout the ascending channel and the last high!
this position is based on a solid breaksout and if the stop loss touched then it means the breakout was a hunting!
entry level= 1.1048
stoploss=1.0950
target1=1.1131
target2=1.115
atrget3=1.1268
___________________________
✓✓✓ Always do your research.
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AVGO, Time to go?Plain and simple, we broke above the trendline, price tried retesting it a few times but failed, since it tested to 200 EMA, price has been very strong, and we are again at the failed price point.
Above 172.30 we can quickly see 184.80
