BritanniaBritannia has broken out with great volumes, retest done too. Going long at current levels looks good with a target new ATH, can stay in the long trade as long as the stock is trading above 5270!
Supports are marked on the chart.
Breakouttrading
Bullish swing on WMT very soon.Thank you for watching and listening too my analysis on $NYSE:WMT.
Remember this is not financial advice and always ONLY risk what you are WILLING to lose!
God bless you and your families going into the New Years!
Bank Of India Breakout AttemptBOI has attempted a breakout on multiyear levels. Increase in volume throughout the year.
Breakout above the level of 115-119 levels will give new leads to BOI.
Re-Test levels are 107-104
Canara Bank Attempt For Breakout MonthlyCanara bank is trying to attempt a multiyear breakout at the level of 450-465. Moving in HH-HL pattern.
Re-Test levels will be around 400-410
After a huge spurt in volume have seen a volume accumulation and now showing a descent volume since last 4 months.
Meta - Buy The DipHello Traders, welcome to today's analysis of Meta Platforms.
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Explanation of my chart analysis:
During 2022 Meta Platforms declined massively and dropped more than -70% all the way down to the previous support at the psychological $100 level. From there we saw a pump of more than 250% after which we could now see a short term pullback followed by new all time highs.
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I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Matic (Polygon) Preparing for Huge BreakoutI love this action from MATIC here. It's showing incredible resilience and strength against BTC and ETH.
After a beautiful move from 0.51 to 0.99, we're in a consolidation phase. Triangular consolidation that is serving as a bull flag is attempting to break out and when it does, we're going to rocket higher.
There is a lot of action in the parallel channel I've highlighted from 0.75 to 0.96. We should break this pretty easily once the triangle breaks.
Target: +32%
Stop Loss: -20%
Best of luck
- Sultan of Chart
Breakout w/ no tighteningNot much to say about this one other than it is not the first time it attempts to run. Preferably I would like to see a large move up in the previous month and a consolidation with a shakeout followed by tightening prior to a breakout. But we don't live in a perfect world & this account is for building a database of trades with the goal of building an edge in breakout swing trading.
Just to note volume is on the lower end of what I would normally trade but it is enough. Due to this I was only able to get partially filled in the first 5 minutes of the open. Position risk if stop hit sits at 0.35% of account equity.
Entry: 20.31
Stop: 19.30
Is it finally ETH season? Ladies and Gents, we may be entering ETH season.
Finally! Finally we get some action on this ETH/BTC chart. I've been waiting for a breakout, either to the downside below 0.05 or above the descending triangle we've formed over the past 7 weeks.
ETH has a pretty clear path to get the upper descending trendline which would be 11% outperformance against BTC. Then it'll be a battle for whether it truly is ETH season.
Short-term forecast: bullish on ETH/BTC
Longer-term: will re-evaluate and update this post in the coming weeks.
Let me know what y'all think. Is this ETH season?
- Sultan of Chart
Great risk reward, but you have be patientPrice is consolidation in what it appears to be an ascending triangle. I think it needs some more work to do but I opened a long position bc you never know with penny stocks. They can just blow up in hours so I don't want miss it.
GBPUSDGBPUSD was trading in descending parallel channel. The price was reacting well the support and resistance of descending channel.
Currently the price has given the breakout of channel and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 1.2850.
What you guys think of this idea?
USDJPY Close To Breaking Below Yearly TrendlineHi Traders!
2023 was a bullish year overall for the USDJPY, though it has just fallen short in the end as the market attempted but failed to break through the record high apex level at 151.946. The market is now on the verge of breaking below the yearly trendline.
Here are the details:
After failing to break through the record high of 151.946 last month, the market has rapidly declined to break below the 20 EMA and is now trading near the 140 handle. The bears are now looking to push the market to break below the trendline, and if we get this, there is a big target level at 137.915.
Preferred Direction: Sell
Entry Level: 142.550
Stop Level: 145.020
Target Level: 137.915
Technical Indicators: 20 EMA
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
NZDJPYNZDJPY was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 91.50
What you guys think of this idea?
BITCOIN BreakDown Soon ☠️☠️Expecting a breakdown towards 40.8k and 38.5k Levels There's Tons of Longs in Current Area & Btc Trying hard to break 44.2k Zone but There's massive selloff on that Zones. Be careful with All your positions. if btc dumps Then there willl be bloodbath in the market
RUSTOMJEE : TARGET 42% (874)Trendline breakout done.
Retest also completed.
Now its time for momentum and rally.
RR = 1:4 that is approx. 40% on ROC
SL should be kept below the 50 band low as per our POM System.
A triangle breakout can push price up by 35% in this stock!!Orissa Bengal carrier LTD. or OBCL is a company engaged in transportation and logistics business.
The chart of this company hints at a breakout in near term. The stock had been trading in a symmetrical triangle for past 2 months and is now looking to breakout from the same.
The stock tested the lower rising boundary line of the triangle on Thursday's session and what followed was a +10% move and nearly 2.5 times more average daily volume.
The stock closed near to the falling upper boundary line of the triangle and is on the verge of breaking out of it.
Projecting the symmetrical triangle target to the upside suggests that the stock could rally nearly 35% after the breakout towards INR 85-90 range.
On the downside INR 56-57 is crucial support and can be used as "SL".
Note*- Views are based on personal observations/opinions of the chart alone. Do your due research before making any trading/investing decisions.
The final few liquidity grabs before the big dropBitcoin will not be seeing 45,000 any time soon as this “bullish” move has extinguished. Bitcoin’s all time highs are usually parabolic and unusually unpredictable but this chart reads clear as day that the trend formed has a limit.
Rejecting off of key levels with volume supporting the move down, big money is opening positions below 44,000 and the vol oscillator on the daily is sustaining that move. There’s no major money being put on above 44,000, which is why we’re seeing a small grind up and prices oscillating between ranges. All of this combined is confirming a bearish consolidation.
On the fundamentals side, Bitcoin is suffering from an extreme case of greed much like the stock market. It’s getting to a point where anything opposite of bull is met with difficulty. This kind of psychology is ripe for manipulation and rug pulls. Just the other day, I saw advertisements on YouTube of professional Bitcoin related businesses telling people to buy it. I don’t even search for Bitcoin related news on YouTube or Google so this is also what’s setting the alarm bells off.
I don’t believe in fundamentals too much but I trade what I see on the technicals and it’s not looking good for longs, so I’m going to wait to get in. I don’t know how long it’ll take to get to my target but from mid 20,000 to 30,000 I see this reaching before any meaningful support with volume.
Intel - The Anticipated RallyHello Traders, welcome to today's analysis of Intel.
I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
GoodStock trading at listed price
Cup with handle pattern
Breakout share
Stock at Life time high level
No recommendation for buy and sell
Stock breakout mentioned in chart
Target and SL also
👇 ETHUSDT) breakout channel ) 👇👇Hello trader’s what do you think about Ethusdt)
guys are you expected 1D tame frame 🖼️ if breakout Trendlinien
next move will down) 2k )
TANAA Taneja Aerospace For 60% upmove Take entry at 225 to 235
9 months Target 361
1st average at 188
2nd double average at 103
Take 60% profit and exit.
Very bullish counter.
Nearer to range breakout .
You can invest major amount at 2nd average .
OIL INDIA looking to breakout from a supply zone!The stock has been in congestion zone from past 3 months. During this period INR300-305 acted as a demand zone while INR 325-330 zone has been a seller's favored zone.
The stock is spotted today breaching a minor trend line resistance with good volumes. This could be an early sign of the intentions of the stock(or rather the buyers) to clear above the 325-330 zone for good this time around.
Upon a decisive close above INR 330 mark the stock could very quicky attempt to move towards the INR 360 mark.
On the downside 312 could be a good place to consider to place a SL order for a target of 360(RR 1:3).
Note*- Please do your own analysis/research before making any trading decisions.
Rocket launchers Polymer stocks are in trend
This related stocks getting attractions
Small in price and breakout with volume
Target 140&175
115 below Stop loss
No recommendation for buy and sell
BTC Will Reach 45k Zone Soon BTC MIGHT Reach 45.2k IF IT PUMPS FROM HERE LETS SEEE Where it goes #HOPIUM
#BTC . I have marked important zones for BTC to bounce back and pump to that Levels. Takes Trades with me And Stay Profitable.
