Trendline-breakout
BEML on the Verge of a Breakout#### Stock Analysis
- BEML Ltd is showing signs of an upcoming breakout.
- The stock is in an uptrend, indicating positive momentum.
- Volume suggests strong buying interest.
#### Trading Strategy
- Target Placement: Set your target above as mentioned on the chart.
- Stop Loss: Place your stop loss below at the level indicated on the chart.
Stay alert and trade wisely!
B. Riley Trade Idea - Breakout Imminent!It could happen, tomorrow, or in 2 months from now - but the chart is giving us an opportunity to potentially catch a huge move on this one if we break out of this tapered selling channel, as we saw happen before the huge spike in early 2023.
Feel free to reach out with questions or comments!
NZDCAD - Daily Swing against 4Hour Trendline The daily swing high successfully broke market structure to the downside in September. After which the bears lost power to the bulls. The bulls successfully took power in October, creating series of higher highs and higher lows (4hour trendline ). With market approaching swing high, a power toggle between the bulls and bears is inevitable.
Which side are you rooting for and why?
A short from the swing high is an opportunity not to miss a partake in. Aggressive entry from the swing order block or conservative entry after trendline break. Take profit at half or full swing or both.
$XRP Primed For A Big Run$XRP is on the verge of breaking out of upward resistance from April of 2021. After two rejections from this resistance, the price has finally broken through. There was a breakout on the daily yesterday as well as a successful retest. If the price can close above the resistance on the weekly, we are primed for a big run. As you can see, there is a lot of room to run on the weekly RSI as well. A 2X run up to $0.91 is minimum in this spot. The next two targets are $1.35 (3X) and $1.97 (4.5X).
I will be keeping a close eye on this one over the coming days.
BTC Breakout - Go Long + Position SizeMight be late on that call but it is not too late to jump in if you use proper risk management.
The script used for the Breakout is:
As the TP is open, I suggest you use the script to know when to exit the position.
Position size is calculated with our Calculator (Google: Trend Surfers calculator) make sure your position size is up to date when entering this trade.
$REN is looking for a breakoutthe trendline is super close and we are probably about to break it in the next few 4h candles
Im looking for a good close above the one to try and go for a LONG position targeting an almost 8% gain
always keep your stoploss guys
what do you think about this?
The price broke the trend line. Wait for pullbackThe price broke the trendline with the tower candlestick. wait for the price to retrace to the nearest supply or resistance turned to support.
You can wait for price action first before get into the trade.