Tringle Brekout - Gujarat AlkaliesFundamental Perspective,
Positives,
1. Low Debt
2. Good ROCE
3. Increase in FII/DII holding
4. Company with Zero Promoter Pledge
Negatives,
1. Decline in Qtr net profit
2. Declining Revenue
Technical Perspective,
1. Strong Momentum
2. Tringle Breakout
3. Volume Profile -Price is above POC
4. RS is Positive
" MID Valuation Company with high momentum"
Entry: Current Price
SL: 739
Upside Potential: 1260
Trianglebreak
Major Support Found on BIGTIMEAfter seeing a perfect retest of support at the .24-25 value zone, that marked a top back in October 23, we had an 80% bounce. Keep your risk situated for crazy volatility.
Continuing the run further would see at least a test of the .55-.56 value area, though this may be a week or 3 away after coiling up for another spring board breakout during rotation. I'll add more zones above the .55 major resistance area as we get closer, just in case we hit some major bull moves.
Gold - Potential BreakoutHello Traders, welcome to today's analysis of Gold.
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Explanation of my video analysis:
With the beginning of 2013 Gold started to form a major higher timeframe rounding bottom formation. After the breakout in 2019 we then saw a bullrun followed by the current consolidation. Gold is now forming an ascending triangle which could lead to a massive breakout and I am waiting for a retest of the trendline mentioned in the analysis to add to my Gold longs.
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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.
GBP/USD DELL ↘️ Short Trade setup ↘️Hello Everyone 🙋🏽♂️
Breakout + resistance not breaking
💲 Entry Point : 1.27153
✔️ Tp 1.23510
🔴 SL 1.28575
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Tesla - Expecting The BreakoutHello Traders, welcome to today's analysis of Tesla.
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Explanation of my video analysis:
All the way back in 2019 Tesla broke out of a longer term falling triangle formation. This breakout was followed by a crazy pump of more than 1.500%. At the moment Tesla is once again forming a falling triangle formation and if Tesla breaks above the resistance trendline which I mentioned in my analysis, we could certainly see another crazy rally with 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.
PLTR looking for a breakout1. Price Performance:
NYSE:PLTR has demonstrated a consistent upward trend, yielding over 10% gains since September lows.
Notably, the stock has established higher lows, indicating a potential bullish trajectory.
2. Technical Analysis:
The stock is currently approaching a key point, poised to break out of a triangular formation.
Safe traders may opt to await confirmation through a breakout, while risk-tolerant investors may consider entering early.
3. Technical Indicators:
A significant bullish signal is evident with a recent MACD crossover, aligning with positive trends observed in historical data.
By combining these factors, NYSE:PLTR presents an intriguing opportunity for investors, with both the price action and technical indicators suggesting a favorable outlook.
Symmetrical Triangle Formation Ahead of ETF News 📈Bitcoin (BTC) is currently charting a distinctive path within a substantial ascending channel on the 4-hour timeframe. The market has recently witnessed its third notable reaction near the upper boundary of this channel. Amidst this, a symmetrical triangle pattern is emerging, setting the stage for a potential breakout. The significance of this pattern intensifies as it unfolds just ahead of eagerly anticipated news regarding the approval of a BTC ETF.
📈 Technical Dynamics:
📉 Ascending Channel Structure:
Bitcoin's price action has been consistently respecting the confines of a well-defined ascending channel. This technical structure suggests a prevailing bullish sentiment in the market.
🔼 Symmetrical Triangle Formation:
The recent interactions with the upper channel boundary have led to the formation of a symmetrical triangle. This pattern is characterized by converging trendlines, indicating a phase of indecision and potential price volatility.
🌐 Market Sentiment and ETF Catalyst:
🚀 Anticipation of ETF Approval:
Bitcoin's current consolidation and the formation of the symmetrical triangle coincide with the imminent decision on the approval of a BTC Exchange Traded Fund (ETF). Positive news on this front could trigger a significant market reaction.
📉 Breakout Scenarios:
🔼 Bullish Breakout:
If the BTC ETF is approved, and market sentiment remains positive, a bullish breakout from the symmetrical triangle is plausible. This could propel Bitcoin to new heights, capitalizing on the increased institutional interest.
🔽 Bearish Reversal:
Conversely, a negative outcome or unexpected market reaction to the ETF news may result in a bearish reversal. Traders should be prepared for both scenarios and monitor critical support and resistance levels.
📝 Trading Strategy:
🧐 Monitor Triangle Breakout:
Traders are advised to closely monitor the symmetrical triangle pattern and await a decisive breakout. Confirmation of the breakout direction is crucial for informed trading decisions.
🗞 Stay Informed on ETF News:
Given the potential impact of the ETF decision, staying informed about regulatory developments and market sentiment is imperative.
🚀 Unlock my 3 crypto trading indicators for FREE! 🚀
Ripple(XRP): Will Take Some Time But That's What We SeeWe had a very sharp beginning to the week and a day, but we are aiming here for something like that movement.
We want to see more of a sideways movement and further breakdown from local support, resulting in a further movement to major support, of course!
Swallow Team
Matic is going to pump around 1000%! just buy it hereSee the video, Everything is explained there. As you can see in the analyze we expect a huge pump for MATIC in the coming month.
Bitcoin Headed To 46138.06Is Bitcoin having is first major breakout of 2024? Here we can clearly see a classic bullish triangle breaking out to the up side. When the triangle is measured to its center split and the profit target is calculated I'm getting $46138.06 before finding some resistance.
Watch for a confirmed breakout pullback continuation pattern to the upside.
AUD/NZD ⬆️ Long Trade setup ⬆️Hello Everyone.
Triangle breakout
💲 Entry Point : 1.07905
🟢 TP 1.09132 🔴 SL 1.07413
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Disclaimer
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Trading is risky we all take loses
your responsibility is to not take more than 1% to 2% loss per trade and double your profits.
EURGBP ⬆️ Long Trade Setup ⬆️Hello Everyone 🙋🏽♂️
Triangle Pattern
💲 Entry Point : 0.86741 🟢 TP 0.87017 🔴 SL 0.86650
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
EUR/GBP ↖️ Long Trade Setup ↖️Hello Everyone 🙋🏽♂️
Triangle breakout + double Bottom
💵 Entry Point : 0.85887
🟢 TP1 0.86122 ⚠️( Close 50% of the trade and Set the SL on EP )⚠️ 🟢 TP2 0.86326 🔴 SL 0.85672
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Cosmos(ATOM): Breakout + Re-TestWe're observing a significant development on the ATOM/USDT pair, as we've witnessed a robust breakout from the descending trendline that was previously restraining the bullish momentum. We see that this breakout could lead to a potential retest of the trendline, which, if successful, would confirm the shift to a bullish trend. Currently, our focus is on the $9.7 level.
GBP/CHF ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Triangle Breakout + Rsi Oversold
🟠 EP 1.10219
🔴 SL 1.09983
🟢 TP1 1.10502 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 1.10741 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 1.10928 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
LOOM/USDT ↗️ Long Trade setup ↗️ Hello Everyone 🙋🏽♂️
RSI +Supply zone + double TOP
🟠 EP 0.1154
🔴 SL 0.0972
🟢 TP1 0.1352 ⚠️( Close 50% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.1521 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
SYNUSDTSYNUSDT was trading under declining trendline and recently it seems like the sellers are bit exhausted then bulls took the charge and break through declining trendline.
Currently the price has given the breakout from falling trendline and now forming a local support around 0.4500 region.
Will the bulls take charge again continue for leg higher?