An ascending channel pattern has formed on the daily chart of the EUR/USD currency pair. This followed a long period of bearish trend for EUR/USD. The pattern can be used for a downside breakout trade setup. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line....
I think we are going to have a false break out next week and then a hard pull back to uptrend line. This market loves to set up bears and bulls traps. Be careful.
Cochin shipyard has broken out from a short consolidation on good volumes. \ Looking very bullish
Price could possibly break back above to fill the range. Looking for a break and close above the resistance level at 0.88495, then waiting for a minor pullback to retest the level before placing a buy order to fill the range. Ideally I would prefer to see price continue to the downside with a break and close below the 0.88220 level, as current trend is...
swing trade perfect symmetrical triangle long term opportunity take trade according to own risk this is not call just a analysis.
BTC formed a bullish triangle with a nice pole as in the textbooks. Finally we broke out this flag yesterday and now if the retesting going well, we will see some movement to upwards. BTC halving is so close, volatility expected on both sides. Alts could bleed, but if retesing confirmed, we will seen big green candles soon. Take care, and don't forget risk...
HBLPOWER has seen a good reclaim of the 10 & 20 EMA after almost a consolidation of more than 10 days with 100% increase in volume on daily TF. The company has a minimum 50% increase in sales QoQ growth for the last 3 quarters and close to 150% increase in EPS. Good for swing traders. Can expect an upward momentum of a min of 20%. Entry - INR 490 (Trade...
Bull flag & next stop to go even higher be sure have at least over $1 million Shiba tokens. Do not sell !!
Price breakout from the range, can fill the gap. Good for swing
XLU Potential Breakout Analysis AMEX:XLU is indicating a potential breakout based on technical analysis, suggesting an opportune moment to consider exploring the utilities sector. Why Utilities Sector? The utilities sector is recognized for its defensive characteristics and stable performance, making it an appealing choice for investors seeking a haven during...
Hi, a high-risk high reward play on the AU200 with a break and retest of the rising wedge with bearish RSI divergence. If playing along place stoploss above last swing high and wait for a break of trend on lower timeframe will also bring stoploss to breakeven when safe to do so. Good luck 🍀
dappx is in strong bullish trend. As the market is consistently printing new HHs and HLs. currently the market is retracing a bit after last HH, which is 0.786 Fib retracement level and local support as well. if the market successfully sustain this bullish confluence the next leg high could go for new HH.
Breakout done with Huge Volumes. Good for Short Term. Traget 520, 590, 660. Do Like ,Comment , Follow for regular Updates... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.
Never have i ever though id trade Gold so here we are! After analyzing the previous week for Gold, Gold was still in a strong bullish market. With this information, heading into the first day of the week, would be the beginning of a good one! Gold formed a new higher high indicating a continuation of a strong bullish market, then later retracing to form a...
IFB : this would be the third breakout attempt in last 5 -6 years Stock is in strong uptrend and the strength seemingly suggest a strong upmove likely in short to medium term perspective stock is up by almost 50% in two months suggest the strength and outperformance support at 1270-1240 area while with the intensity of this breakout in consideration , can test...
A breakout on weekly chart denotes strength it suggest the CONTINUATION IN THE CURRENT MOVE if one refer the charts , as shown by arrows , volume witnessed a great rise and price followed a strong move along with the same THE stock likely to show higher areas its trading well above key average areas and with strength in RSI support at 310-290 zones and with...
Adani Power Limited is a holding company engaged in providing electric power generation by coal-based thermal power plants and coal trading. So, after the BO of this pattern to the upside, we can expect a move of around 30% and can keep a stop-loss below the swing low. NSE:ADANIPOWER
Small trade opportunity in BIGBLOC. As the market is highly volatile. Make sure to have the correct stop loss as the trade might get reversed immediately. It's breakout trade. Target 1: 250 Stoploss: 196 Happy Trading!