The price following descending trendline resistance from a very long time. Whenever the price reaches near the trendline price taking resistance and slopes down. Now finally price breaks the trendline and closes above the trendline with good breakout candle. The level of 550 is strong support for the price . Candle closes above the breakout level of 575 and...
The price trading in tight Consolidation Range of 1800 to 1920 since last 40 days and formed the structure looks like the base formation. If price breaks the level of 1920 and closes and will sustain above the breakout level than we can see target of 1985 Which is a gap space. Gap space can act as strong resistance for the price towards the upside momentum and if...
Here we see a break above consolidation zone,i am waiting for a retest,then i will look a confirmation to buy and my tp will be around 200 pips,with a stoploss around 25-30 pips
NSE: APOLLOTYRE is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on...
PEPPERSTONE:EURAUD Price is testing 2-year-long resistance (1.64585) escape from this resistance zone may yield a13% gain with the following trade plan: Trade plan Buy if the price close above 1.64595 TP 1 .70315 (3.66%) TP2 1.76750(7.93%) TP3 1.86453(13.40%)
Current Idea is based on a theory that the Asset after a long lasting consolidation is pumping at least to the range of that Consolidation. The range is between 1 to 0 Fibo levels, expecting area to reach is at -1 Fibo, now the price is below -0.5 Fibo level, retracement may happen. As weekly candle closed strong I would check the area around the Middle of 1W...
Here is a trade i didnt took,had another trade open...but i explained here how and why would i enter this trade,i hope u guys will find this explanation useful...
Hello to everyone #IGL 👉👉Daily + Weekly chart✅ 👉 Ascending Traingle Pattern📈 👉Price Consolidating from long time📈📉 👉Breakout above 455+ Closing✅ 👉Entry after Breakout 👉After Breakout possible targets 510/530/560+🎯 👉Add to your watchlist👍
OCEANUSDT recently went through an accumulation phase, which took place between the price levels of 0.2982 and 0.1163. After a period of consolidation, the price eventually broke out of this accumulation range and experienced a significant distribution phase. Currently, the price of OCEANUSDT is testing the weekly support level at around $0.41. This level is a...
Selling ucad at 1.3460-70 UPPER BOLLINGER BAND Price is contracting... (Contracting Triangle) end of consolidation about to explode... selling strong... stops above 1.35 1st target 1.3350 then 1.3280
$BONK aka Bonk Inu has been moving within a tight range for a while - it was on the sidelines and dragged while Solana made it's price moves. Now that the market is feeling comfortable with it's recent bullish turn -- whether that is a long term bull trend reversal or simply a bear market rally is to be seen -- money will start to flow to coins that have few...
This Consolidation Breakout trade took just 28 Hours to provide a strong gain on the CHF JPY. It took advantage of the uptrend and Bullish Engulfing Signal on the Daily Chart to trade the breakout from the Consolidation Channel on the 4 Hour Chart.
Pretty clean chart! Broke out from the pennant, consolidated, now its time to expansion higher? Watch $1100 level break for a possible move towards $1300 No break, No trade.
Here's a 30m chart to highlight detail of the inverse head and shoulders built on CRWD. Green line weekly support goes back to the lows of August 2020. Purple box is a large daily gap left from late last year up to $138 area. If looking from peak to trough of the head and shoulders, it's roughly $16 from neckline to low of the head, in a breakout of neckline it...
To complete my analysis on the US market. Here is my target for the dollar index. The consolidation has to end some time you know. :-)
If looking at last year's POC of BYND, you can notice we have been oscillating above and below that $15 range since September 2022. BYND has been in this slightly sloping downward/sideways channel with the most recent low being the bottom of the value range, building a nice base for a move higher. In recent days I've noticed some unusual options activity in a...
RAMCO IS ALL SET FOR FLAT TOP BREAKOUT Be aware it can give 2-3% in an hour! Stay tuned! Has taken support on the line very cleanly!
IDXX had a strong move last Friday on high volume that brought it to the top of it's 2 months consolidation range high of 447.80. The following Monday (9 Jan),it formed a little Doji Candle just slightly above this level , perhaps traders were still skeptical if this break was for real. The day after, on 10 Jan, it staged another decisive move higher, increasing...