I initiated a trade @ 185, as this appears to be the breakout of resistance. I have a short term target of 213 and longer of 230
Breaking Horizontal Resistance. Potentialy New High ! .................................................................................................................. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature. and are therefore are unqualified to give investment...
This will be an excellent (and may I saw obvious) trade to look out for today. After a strong move post-earnings, we have already shown signs of buyer weakness at these levels. Today we are looking for that squeeze and proof of buy side tapering at the top of our yellow and blue tapered buying continuation channels. They line up perfectly and will be wedging with...
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...
📌📌By examining the trend in the daily time, Bitcoin has broken the ceiling of the ascending channel upwards and now, having a support interval in the range of $51,802-53,281, it can increase as long as the length of the first ascending channel to the resistance of the ceiling of the second channel in the range of $65,820 find🎯🎯🎯
Next stop could potentially be.. the moon? Not sure if it's beginners luck or I have the magic touch - but are we about to see the first breakout of this blue horizontal channel going back to 2020?! This is my first time analyzing and really even looking at a chart of Gold and I'm psyched! I'd be honored to be a part of this breakout. Special shout out to our...
This can break out of our controlled selling algorithms any day - especially as we started to see sell-side tapering via our teal algorithm on Friday. Look for Yellow strong buying channel to activate and break us out of the magenta/purple/teal algorithms which will lead us to a retest of highs at the $180-$185 level. We will be trading this today live on the...
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...
Will we see the first ever (Coined in this video) golden wedge this week!? It's a huge part of my trading and a great way to identify a breakout incoming - especially on a stock like META where volatility and volume is huge on a daily basis. The Golden Wedge is basically when price uses our strongest controlled selling algorithm (Magenta here) to build liquidity...
BINANCE:BTCUSD Hello traders, please be cautious! Bitcoin is approaching critical support levels. If the support is broken, a sharp decline may occur. Let's monitor it carefully Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Upwards movement Strong push for Badger breaking out a of a downtrend. Wait for the retest. Sendinment for badger is high. Look to take profit at resistance level: 4.2197 4.5475 Downwards movement Caution, if BTC has a small pull back the breakout could be invalidated and the price will move downwards. Read more on Badger badger.com
As always, excuse the mess of the charts. Each line means a lot to my trading on different time frames and I do my best to consolidate which ones show on what timeframes so that it's easier for you to see clearly what's important. That being said, I believe KSS (Kohl's) is primed for a breakout technically and fundamentally when they announce earnings in a few...
Long / Upwards movement 1000PEPEUSDT has broken out of an bull flag. Retesting and looking for continuation. Volume is moving in and sentiment for Pepe is high. Look to take profits at TP 0.0016328 Downwards movement Caution, if sellers are able to overcome long positions price could move downwards and invalidate the bull flag.
As you'll start to catch on, when we look at the market as "who is in control" then it's only a matter of time before that side takes control and then all that we have to look for is WHEN they will take that control and break out of the control. Here, we saw TSLA was conforming to its' controlled selling channels and we had a perfect bounce yesterday where the...
Looking at afternoon trade, SPK represents a potential bullish opportunity should momentum continue and higher highs and higher lows be made past the current position, considering breach of recent resistance levels aligning with technical indicators of RSI and DMI. Relative strength in the Midcap 50's as well as the communications sector (XTJ) adds further impetus...
F&O Masala - New Series - In this F&O Masala Series, I would like to share some good potential scrips. Remember- this is for Educational Purpose & NOT a Buy or Sell Call. Do you own Research (DYOR) before indulging into Buying/Selling.
We have our proven controlled selling algorithms taking control of price after closing a HTF cup. We are looking for some liquidity to be built within these teal and orange selling channels and for support to be found at our buying continuation channels of magenta and green. We are waiting for an initial break of orange strong selling to then retest teal tapered...
BTCUSD has been in a uptrend lately so it just broke a resistance that pushed the price downside, so i will be expecting the price to retest the resistance that got broken. When price breaks a resistance ,the resistance turns support. So we have uptrend has a confluence and break of structure, so a bounce on the resistance will take us to the nearest resistance.