Looks like a bullish flag, just bought some calls as shown. I'm expecting a breakout of the 210 resistance.
Reasons for bullish bias: - Price gave ATH breakout - Price-breaking strong resistance - Simple DOW theory - Entry at HH breakout plus pole breakout - Bull flag formation Here are the recommended trading levels: Entry Level(CMP): 786.71 Stop Loss Level: 700.65 Take Profit Level 1: 872.77 Take Profit Level 2: 958.83 Take Profit Level 3: Open
The stock has been in an up trend. It has broken its all time high in 2021 and in good consolidation for 2 years and broken out of consolidation now. It has broken out of a bullish flag and pole pattern / falling channel pattern in a 3 M timeframe. One may also consider this for a swing opportunity , RSI intact in all time frames. Weekly price action shows,...
Gave a flag breakout...Long term..tgt and time mentioned on chart....Please note this is not a blue chip stock and hence not for safe investors...this stock should not hold more than 5% of your equity allocation..breakout on decent volumes too
📊Analysis by AhmadArz: According to the flag pattern that we saw the best reactions in the past, we can expect the same analysis from the chart at this time.🧨 Just keep in mind that there is a 10% chance of a fake breakout on each side of this horizontal trend.🚨 🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz. 💡Join us on TradingView...
A breakout above $100 can trigger a 60% Solana price increase to the next resistance at $140, while a rejection will cause a 25% drop to complete wave four at the 0.5 Fib retracement support level at $63
Hello traders here is a setup of US3O as you can see the price has been bullish for the past months and now it has created a bearish flag pattern that signals a bearish reversal you can see also the price has also been respecting the trend lines and it has shown bearish rejection last week. I entered a bearish trade when the price showed me a rejection and now I...
If we close yesterday's low and deep for the week. I'll be waiting to catch buys coming back up while scalping on the way down to the next major support. Shooting to swing to the next ATH.
On the above 2-day chart price action has corrected 40% from the recent high. A number of reasons now exist to be long, including: 1) Price action and RSI resistance breakouts. 2) Price action finds support on past resistance. Look left. 3) Price action finds support on the Golden ratio. 4) The bull flag flagpole measures 100% move following resistance...
Market Context We’ve got an intriguing setup on CRVUSDT! A bullish engulfing candle on the 1H chart, coupled with a trendline break, could be signaling a move higher today. Strategy While the market might be quiet today, this calm could allow smaller tokens like CRVUSDT to make some interesting moves. This setup suggests we could see a nice pop! Let’s keep an...
Market Context Is BICOUSDT gearing up for a new daily high? The charts are looking promising! Weekly Analysis On the weekly timeframe, we've finally broken above and retested the 20 EMA—a classic signal for a move higher. With altcoin season just around the corner, BICO is poised for a significant upward move. Strategy I'm jumping in and longing the market now!...
🚀 Last but definitely not least for today: Solana is poised for a big move! Market Context With Bitcoin on the rise, I'm betting on Solana reaching the $200 mark! Bull Flag Breakout We've just witnessed a break of the bull flag with solid volume, signaling a strong push upwards. Solana is trending along with the broader crypto market. Let's see how high it can fly!
🍻 Market Context Another bullish setup brewing today before the NY session kicks in! Yesterday, I missed the trend with TAIKO, but today I'm feeling much more confident with BEERUSDT—after all, who doesn’t like beer? 😜 Trade Setup Similar to yesterday's scenario, but today we have more confirmation on higher timeframes, making this setup even more...
Priceaction is now for the second time solidly back above the bull flag we had been consolidating inside for the past few months ever since hitting the newest ath. It has also gone up to complete the left shoulder of an inverse head and shoulders pattern that is also overlapping the bull flag. We have yet to take price action above that neckline but by the prices...
On the above monthly chart of BNB token there is easily an hour of topic to discuss. However attention spans amongst the equity providers do not afford a detailed explanation so the short version.. 1) Price action is in a legacy uptrend channel since inception with a confirmation of uptrend continuation (unlike LTC). 2) Price action is at resistance after three...
*Saregama CMP - 553.10 / Stop Loss 465* Buy Range 530 - 550 / Buy partial now and keep adding during retracement Target 1 - 600 Target 2 - 650 Target 3 - 700 / 750 + Disclaimer: This is my view and for educational purpose only.
The GER40 is currently consolidating and may be forming a bullish flag. The price has touched the upper trendline three times, suggesting a potential breakout. I'll be watching for this breakout to trade accordingly.
Hello Everyone! How are you all? NZDJPY is a pair to watch this week, because it is shaping up very nicely for a bullish trend continuation that we can capitalize on. So, I will be looking for a bullish continuation because of the following reasons: 1. The overall trend is bullish. 2. The price has formed a continuation structure and it is approaching the...