This short-term double bottom chart pattern has formed on the H4 chart of EUR/USD following a clear downtrend. I will use this formation as a potential bullish entry. The two bottoms are marked on the chart. The neckline is marked with the upper yellow line. My potential entry level is at the cyan line. My potential take-profit level is at the green line. A...
NYSE:SNOW is looking to break through a major resistance price of $205 and start snowballing to the north of the charts. Targeting the $300 price which is the next major price level. Snowflake has demonstrated remarkable revenue growth since its IPO!! As businesses increasingly migrate to the cloud for data storage and analytics, Snowflake's innovative...
Yesterday, EURUSD broke the previous bottom and reached the first target - 1.0820. All sales already made must be reduced risk. New trade opportunities will be available after pushing back from the resistance. The target is a new test of 1.0820, and on a break, heading towards 1.0740! The sell idea is broken on a break above 1.0916.
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📈 Here is a detailed update top-down analysis for #GBPUSD. Which scenario do you think is more likely to happen? and Why? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good Luck!. All Strategies Are Good; If Managed Properly! ~Rich
Hello Traders ! On The Daily Time Frame, The BTC Price Broke The Support Level (41229.61 - 40150.00). This Key Level Becomes a New Resistance Level. So, I Expect a Bearish Move📉. I'm Waiting For Retest... ----------- TARGET: 38650.00🎯
As you can see, the long-term upward trend in NZD/JPY has consolidated into a symmetrical triangle pattern on the H4 chart. I will use this formation for a trend-continuation breakout setup. My potential entry is marked with the cyan line, which is located at 10% of the triangle's base width above the upper border. My take-profit will be at the green line, which...
PYPL has finally broken out of the 16 month long downward resistance. Up 5% on the day with nothing but clear skies above. Crossing above the 200 EMA for the first time in years. Giga long on this one. First target $75
This is one of my favorite stocks. It is very volatile, making explosive moves up and down. I made decent cash holding my position and writing covered calls. Now it's coming back strongly. Buy here, if it goes low buy more. The SL and TP shown here are for reference only; In fact, I would buy more if they drop instead of closing it. I have a large position in this...
As the first trading day of the week unfolds, BTCUSDT continues its downward trend, currently standing at 41.178 USD, marking a near 1.08% drop for the day. Technical analysis indicates that BTC has failed to break through the crucial resistance level at 43.600 USD. Moreover, the convergence of the EMA and the resistance zone at 42.000 USD further suggests a...
NSE:MANAKSTEEL has broken out in WTF with good volumes. In last 2 weeks, stock has already moved nearly 60% up but still there is room to go further up. If I take the breakout from the previous swing close (instead of high) as a more conservative target then it comes around to 99. Stock is currently trading at 81.95. And if I take the target from the swing high...
Hello dear friends ! World gold prices increased at the beginning of the US trading session due to safe haven demand, amid rising tensions in the Middle East. The decrease in the USD index is a supporting factor for gold to increase. The long-term price outlook is positive for gold. But the rally will be delayed as the market tries to process the possibility...
Indian Bank stock looking good for breakout in daily time frame
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Looks like CVNA is ready to breakout in a cup/ handle. Everyone said that it broke out already and is now dying down. But the final handle/ falling wedge is showing signs of a breakout. I posted this at $42 last week but re-emphasizing at $44. As long as you hedge you're not late. You can capitalize on both ups and downs if you have insurance (hedge).
greaves cotton looks good with support tested after testing support at 120 two times. If markets are bullish can reach first resistance according to triangular pattern. only investment script not suitable for intraday trading or even MTF holding. thank you.
Jk papers buy buy buy Super strong technically Super strong fundamentally Enjoy
Hello traders, I want share with you my opinion about Euro. Looking at the chart, we can see how the price some time ago reached the buyer zone, which coincided with the support level, and a short time later EUR broke this level and rose a little higher. But then, the price turned around and fell to the support line, which is located inside the buyer zone. Next,...