NASDAQ:AMZN broke out of a long term consolidation phase and is starting a massive rally. Every major consolidation is followed by a major breakout. And if the overall trend is bullish, a bullish breakout is more likely to happen. Last month Amazon finally broke above a multi year resistance level and is now heading back to the top of the rising channel...
NASDAQ:TSLA Analysis on a Weekly Timeframe! Multiyear trendline breakout in Tesla! Inverted Head and Shoulders Pattern formation at Support! Neckline breakout in Tesla! Of course we have missed the entry in a Tesla but take is as a learning. Where I have combined Multiyear Resistance trendline with Inverted Head and Shoulders Pattern. So what we need to...
NASDAQ:TSLA is attempting to break out of the long term descending triangle consolidation. If you cannot wait patiently for your textbook setups, there is no chance you will make money trading. For almost four years, Tesla has been consolidating in a huge triangle formation. And it seems like Tesla is finally breaking out towards the upside. This breakout was...
OANDA:XAGUSD recently broke a lot of strong, previous resistance towards the upside. Silver, metals in general, are experiencing increasing demand in 2024. Therefore, prices of Gold and especially Silver have been increasing for the past couple of months. Silver broke two major previous resistance levels towards the upside and these two levels are now...
Hi guys so this is a Macro analysis on Shopify (SHOP). Recent weeks of price action have got my eyes on SHOP. Lets jump right in. This analysis is done on the 1 week timeframe thus supporting a Macro lens look on whats happening. As you can see, ive highlighted key area with an Orange rectangle. Below it, you can see candles attempting to get into it and...
The dollar index pair broke the resistance level of 1.04500 and closed the candle body above the 1.0500 level. the market gives some retracement at the 1.04500 level and further goes upward at the 1.0700 level which is a strong resistance level.
With the DXY (Dollar Index) shooting up, we look to buy USDJPY in correlation to the dollar and the EMA'S combined with the broken resistance now turned support give us more confluence.
Hi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 Some days ago price started to trades in rising channel, where firstly it broke $42500 level and rose to $48500 level. BTC made strong correction movement to $38500 points, breaking $42500 level with support area. After this movement, price turned around again...
It's been a good day for Bitcoin. The price of BTCUSD has broken some major resistance and is dancing around the $50K level. If we can keep up the momentum and flip this resistance into support, it is off to the races! I know I have been one that has called for a retracement, and it can still happen, but I no longer think that we are going to see any kind of...
Hello guys, this is my idea about EURUSD 4H TF. There is a buy potential for EURUSD because there is a resistance area, trendline, and double bottom. If all of them break it is a buy opportunity. I set my Order Block area there too.
There is a cup pattern in QQQ, the resistance of the previous high is already broken as well. It is ready to go up to around $570.
Sector: Industrials - Marine Shipping | Country: Monaco Company Overview: Safe Bulkers, Inc. ( NYSE:SB ), a key player in the Industrials sector with a focus on Marine Shipping, operates globally, providing safe and efficient shipping solutions. As a small-cap company based in Monaco, Safe Bulkers specializes in transporting bulk cargoes, contributing to the...
I already played 10% scalp on this. But it broke + retested the resistance line. Now resistance is confirmed support: Watch it close for a good lesson even if you're not in the trade. Already secured +10% on the breakout. Looking to see if it reverses the downtrend completely intraday. Also remember: MMs already ROASTED the calls. Now time to ROAST the...
Hi guys! Welcome to an analysis on macro developments of Lyft (LYFT). With the markets doing what they've been doing this year, we have to ask, " Will the % gains come to stocks that are still many many % down from their tops"? Or are some stocks just doomed to fizzle out and take time to re-build/ grow? Well, if we are in a Bull market, which i personally think...
NSE:DWARKESH is near its Resistance zones. Position can be taken only after breakout and closing of candle above resistance. Stop Loss should be followed.
RATEGAIN Added in two batched Today 434 and now at 450. Keeping SL 413 RISK is DEEP so safe can avoid and wait for retest.
Hello friends! Few days ago I've put BINANCE:RUNEUSDT on my list cause I've seen it to be close to the breakout of the new short-term resistance formed on 1h TF. Interestingly enough, it had just broke out of the long going resistance level two weeks ago, went through the point of BoS (Breaking of structure) (by creating the new higher high after the one...
Cera has given good breakout at ATH levels. Can add with SL below breakout area. Safe can add at retest