I caught the breakout of this HTF selling channel and sold at the top. We are now retesting the orange selling channel with support from our strong buying teal channel and below it, yellow. With banks announcing earnings in a little over a week, this could see us at $100 really quickly Happy Trading :) - TraderDaddyOG
Tapering Tapering Tapering! Looking for a buying continuation activation and breakout of our controlled selling algos. If you look on the daily chart as well, you'll see a massive (beautiful) Inverse H&S pattern forming. Happy Trading :) - TraderDaddyOG
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
Buy index when breaking out the 28662.327 on daily chart
TOKEN is in strong bullish trend. As the market is consistently printing new HHs and HLs on higher TF. Currently the market is retracing a bit after last HH on daily and now forming bullish div on 1H, the price has given the breakout from falling wedge with bullish div and now seems like the bulls are getting ready for some strong upside movement. If the market...
With signs of tapering kicking in a month ago and our strong buying channels awaiting activation, we've been preparing for this breakout and finally got our entry last week! There's plenty more room for this to go although we can see some immediate signs of resistance here at our tapered teal. Look for yellow strong buying continuation to continue to activate and...
Next Stop: 247.50 When we see ourselves breakout out and retesting a strong selling algorithm like magenta here, we are almost guaranteed to come and retest the top of our tapered selling algorithm (teal here). Look for yellow strong buying to continue to activate and hold price for the move to retest teal. A future breakout of teal will then allow us to retest...
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...
XLP Potential Breakout Analysis AMEX:XLP is showing signs of a potential breakout based on technical analysis. This could present a favorable opportunity to consider investing in the Consumer Staples sector. Why Consumer Staples Sector? The Consumer Staples sector is known for its stability and resilience during market fluctuations, making it an attractive...
Entry price ,stoploss and Target already marked in the chart itself FYI. Guys pls like, share and follow my ideas . Thank You All
NSE:INDIGO shared few days ago with key levels and it zooomed 16%. Book/Trail to save the profits !!
Break Out Retest - Expect 200% upside Cup & Handle
BTC has broken the downtrend, looking for further upside. 66000 and 64800 are good dip buying price levels.
We finally got the breakout we were waiting for on PDD and the makers set us up perfectly for a post-earnings gap up. Happy for everyone who followed along our analysis and held strong on this one. Or maybe even added on the dip like I did. We can expect some resistance at top of yellow here before a retest of white tapered selling and then an attempt to...
Higher Time Frame tells us everything. We are allowing this to build liquidity in a controlled selling fashion and would like to see our teal buying algorithm pick price up once reached very soon. We've already begun the tapering process on the sell side (orange and magenta controlled selling) so this is shaping up to be a nice breakout. See you all there! Happy...
Entry price ,stoploss and Target already marked in the chart itself FYI. Guys pls like, share and follow my ideas . Thank You All
Support by an algo leads to resistance by that algo. In this case, we were no longer supported by teal selling but rather by HTF buying continuation. You could see that in order to finally break out of the tapered teal selling, we needed for price to build liquidity until it could activate our HTF buying continuation algos. More analysis like this to come! Stay...