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RCI, Bear Flag On The Daily As Well As The 4hr Analyzing both the daily and 4-hour charts reveals a very prominent bear flag, which has formed following a steep decline. This pattern is often indicative of further downward movement, and it's hard to ignore the implications. Word on the street is that they're currently in dire straits. Since the Shaw acquisition, they've hemorrhaged 11 billion in valuation. The situation is exacerbated by declining revenues and missed growth targets. In short, it's not looking promising. If the trend continues downward, we might see the price testing the $19 USD mark sooner rather than later. For those who are currently long on this or have any vested interest, it might be prudent to reconsider your position and cut your losses before it's too late.
NYSE:RCIShort
by impossiblebull
BTC Massive SetupConsolidation for months between 91k and 106k - Classic Wyckoff setup as an accumulation/distribution - Price targets of: 121.878 (122k is the popular target) to the upside with 75,827 on the down - Saylor today put out news to be raising another $2 billion to buy BTC. Either he is going to be able to hold the floor or get washed out - Trade can be taken with confirmation of breakout on either side pretty easily as momentum will be so strong that being on the wrong side will most likely be an immediate stop out
COINBASE:BTCUSD
by CrashoutCapital
Maruti : Make or Break?Technical view Box trading strategy in which you identify or stop consolidating for a couple of days and trading the direction of the breakout in this case Maruti Suzuki india limited is consolidating for past 3 days. What is the strategy why does this work? When a stock price moves sideways, it usually happens for two main reasons: either people are losing interest in the stock, or there's a lot of activity but the number of buyers and sellers is balanced. Now, imagine a group of traders who are watching this stock. They have set their stop-loss orders close to where they bought the stock. This means if the price moves too far against them, they'll automatically sell to limit their losses. When the stock finally breaks out of this sideways pattern, something interesting happens. New buyers or sellers jump in, excited about the movement. At the same time, those traders who were holding onto their positions start to sell because their stop-loss orders are triggered. This combination of new traders entering the market and existing traders exiting their positions creates a surge in momentum in the direction of the breakout. So, if the price breaks upward, it can rise quickly as both new buyers come in and former holders sell out, pushing the price even higher. Pro Tip Entry at 15m tf Strong Candle Close (Outside the Box) StopLoss is at Entry Candle high or Low (Not more than (0.8%) Targets :- 12,887.50 (Upside) 12,411.25 (Downside) Fundamental View Profit: Maruti Suzuki India Ltd reported a consolidated net profit of ₹3,727 crore for Q3 FY25, a 16% YOY increase. However, another source indicates a standalone net profit of ₹3,525 crore, up 13% YOY, but below market expectations of ₹3,624 crore. Revenue: The company reported revenue of ₹38,764 crore, a 16% YOY increase. Sales Volume: Total sales were 566,213 units, up 13% from last year3. Domestic sales were 466,993 units (up 8.7%), and exports were 99,220 units, a significant increase of 38.2%. EBITDA: Operating profit (EBITDA) increased by 14.4% YOY. Not an Investment Advise
NSE:MARUTI
by REUBEN_EUSTACE
Bitcoin at a Critical Level: Will Support Hold or Break?CRYPTOCAP:BTC is currently accumulating within a marked zone, fluctuating within a broad range of approximately $17,800. The previous resistance line has now acted as support, indicating a key retest level. If BTC fails to hold this support, a further decline toward the key support zone could be expected. The RSI is near 42.83, suggesting neutral momentum, with no strong bullish signs yet. A breakdown below this range could trigger a bearish move, while a breakout above resistance would confirm bullish continuation. DYOR, NFA Thank you for your attention! If you found this valuable, please hit the like button and share your thoughts in the comments below.
Short
by unichartz
5
Master High-Probability Breakouts with the GOLDEN Trading SystemWelcome to the GOLDEN Trading System (GTS) – a custom-designed strategy tailored for traders seeking high-probability breakout opportunities. Built on the foundation of TradingView's powerful indicators, GTS focuses on leveraging Camarilla Pivot Levels (H3-H4 and L3-L4) to spot and act on potential market trends. Whether you're a beginner or an experienced trader, this system simplifies the complexity of technical analysis, giving you an edge in the markets. Core Elements of the Strategy. 1. Key Levels to Watch: Green Band (H3-H4): Represents a resistance zone where bullish breakouts are likely to occur. A confirmed breakout above H4 often leads to a strong upward trend. Red Band (L3-L4): Acts as a support zone, signaling potential bearish moves when broken. A confirmed breakdown below L4 generally triggers a downward trend. 2. The Breakout Concept: When the price crosses either of these bands, it indicates a potential shift in market dynamics: Bullish Breakout: Price breaks above the Green Band, suggesting buyers have gained control. Bearish Breakout: Price breaks below the Red Band, signaling sellers have the upper hand. Why This Strategy Works? High Probability: Camarilla Pivot Levels are widely respected by traders, making breakouts from these zones more reliable. Trend Confirmation: The system minimizes false signals by focusing on specific breakout levels instead of broader zones. Clear Entry/Exit Points: You can easily determine when to enter a trade and set stop-loss or take-profit levels. How to Use the GOLDEN Trading System? Identify the Bands: Look for the Green Band (H3-H4) and Red Band (L3-L4) on your chart. Watch for Breakouts: Enter a long position when the price closes decisively above the Green Band (H4). Enter a short position when the price closes decisively below the Red Band (L4). Manage Your Risk: Use the opposite band (L3 or H3) as a stop-loss level to protect your trade. Consider trailing your stop-loss as the trend progresses. Add Confirmation: For greater accuracy, combine this strategy with other tools such as volume spikes, candlestick patterns, or higher timeframe trend analysis. Case Study Example: Take a closer look at the chart provided: The price broke below the Red Band (L3-L4), confirming a bearish breakout. Post-breakout, the price continued its downtrend, offering a high-reward opportunity for short-sellers. By adhering to the system's clear breakout rules, you could have entered the trade early and capitalized on the trend with confidence. Benefits of the GOLDEN Trading System: Simplicity: Focuses on straightforward rules, making it beginner-friendly. Consistency: Reduces emotional trading by adhering to defined breakout zones. Scalability: Works across multiple timeframes and markets, including indices, stocks, and commodities. Pro Tip for Advanced Traders: Combine GTS with volume analysis, RSI divergence, or moving averages to add layers of confirmation to your trades. This helps filter out false breakouts and improves your win rate. Join the GTS movement and elevate your trading game today! Share your feedback, results, and tweaks to make the strategy even better. Happy trading! 🚀
NSE:NIFTYEducation
by thejamiul
GOLDEN Breakout setup on Nifty 50 for (30-12-24)Nifty 50 index was going sideways for 3 days, today it gave bull breakout but not sustained properly. So next trading day can become significantly important if you do breakout trades! ANALYSIS : On chart you can see I am using my custom build indicator named Golden Trading System (GTS) it shows two significant support and resistance zones which works like magic! as of now it is not published but you can follow us to get notified when we publish this. How you can use it ? Alternatively you can use standard pivot point and change the pivot type to camarilla. Here we will only use H3-H4 and L3-L4. In the chart you can see I already marked the H3-H4 and L3-L4 for tomorrow (30-12-24) so you can use that instead. How to TRADE ? Tomorrow (30-12-24) three thing can happen :- (i) If market gave breakout the green band (H3-H4) we can look Long setup. (ii) If market gave breakout the red band (L3-L4) we can look Short setup. (iii) Market can go sideways / range bound between green band and red band. CAUTION :- While taking bullish trades we should not neglect the red resistance line and also While taking bearish trades we should not neglect the red support line because form those points market can reverse so trade cautiously and with "Stop Loss".
NSE:NIFTY
by thejamiul
"ALTCOINS: HOLD OR SELL? BTC Dom at a Critical Turning Point!🚀 Hey Traders! 👋 If this analysis resonates with you, smash that 👍 and hit Follow for premium setups that actually deliver results! 💹🔥 🔥 Market Recap Last night, we witnessed a massive liquidation cascade across the entire crypto market. Altcoins took a heavy hit, with many dropping 20-30% overnight, wiping out billions of dollars. 🔑 Key Takeaway: This is why I always stress—never trade leverage without a stop-loss. Protect your capital first. Hope you all followed this golden rule! 📊 Market Outlook: Where Are We Heading? BTC Dominance: Breaking down from a rising wedge on the weekly time frame—a classic bearish signal. Currently retesting the breakdown zone, indicating a potential sharp decline ahead. 🌟 What This Means: If dominance drops further, spot altcoin holdings will likely surge. This is the time to accumulate, not panic-sell. 💎 Opportunities Ahead Many altcoins are retesting key support levels after breaking out on the daily time frame: FET, W, PEPE, LTC, APT, RENDER, and more. Patience is key here. Hold onto your spot bags and use this dip as an opportunity to accumulate strong projects. 🚀 The Road Ahead Over the next few days, we anticipate a strong recovery across the market, with alts pumping hard. Stay calm, stick to your strategy, and ride this wave. 💬 Your Move: What’s your strategy for this phase? Are you accumulating or waiting for more clarity? Drop your thoughts in the comments below—we’re in this together! 🌊🔥 👉 Follow us for more timely updates and winning trade setups. Let’s crush it! 💪
CRYPTOCAP:BTC.DShort
by CoreCrypto1
19
Pfizer Ltd. - Short Position AnalysisChart Overview: The chart indicates that the stock is in a clear downtrend, following a descending channel pattern. The price is nearing a key horizontal support level (marked in black), and a breakdown below this level may present a shorting opportunity. Trade Setup for Short Position: 1.Entry Trigger: Below ₹5,028 on a daily closing basis. 2.Targets: Target 1: ₹4,885 (first demand zone). Target 2: ₹4,760 (strong support and lower boundary of the descending channel). 3.Stop Loss: Above ₹5,187 (recent swing high and red-dotted resistance level). 4.Risk-Reward Ratio: Ensure a favorable ratio of at least 1:2. Alternate Scenario: If ₹5,028 holds as support, the stock might see a pullback toward ₹5,187, where selling pressure could resume.
NSE:PFIZERShort
by AngshumanSaikia
POWERGRID MAY FALL DUE TO DOUBLE TOP FORMATION DOUBLE TOP FORMATION : powergrid has formed a perfect double top pattern on weekly timeframe and seemed to be positioned for further fall. Although it had shooted up suddenly 2 weeks back due to the uncertainty which bubbled up surrounding maharashtra election which affected whole whole stock market. But after the release of the election results it has started going down again BEARISH DIVERGENCE : Apartfrom double top it has also formed strong bearish divergence pattern on the chart with 2 divergent peaks having formed on chart & rsi 4th mar & 29th july respectively indicating strong bearish momentum for powergrid BEARISH MACD : macd indicator has also become extremely bearish with macd line hovering below signal line by large margin PROFIT TARGET : The stock will fall till 299 level which is 22 points away from current level
NSE:POWERGRIDShort
by peace_lover
Gold - This Will Be The Top!Gold ( TVC:GOLD ) is starting to reject the channel resistance: Click chart above to see the detailed analysis👆🏻 Gold perfectly retested the top of the rising channel after rallying more than +35% over the past couple of months. Just looking at this overextended rally alone, it is quite likely that Gold will correct even more and maybe, we will even see a retest of the previous breakout level. Levels to watch: $2.700, $2.050 Keep your long term vision, Philip (BasicTrading)
TVC:GOLDShort
by basictradingtv
18
USD/CAD Weekly Technical AnalysisTrendline and Support Levels: The USD/CAD pair is following a long-term uptrend, as highlighted by the purple ascending trendline. This trendline has acted as dynamic support since 2021, with multiple price bounces validating its strength. Key support levels are marked at 1.33647, 1.31234, and 1.29767. These levels represent potential areas where buyers could re-enter if the price retraces, providing strong zones of interest for long-term traders. Resistance Levels: Immediate resistance is observed around 1.38439, which aligns with recent price rejection. This level has historically acted as both support and resistance, making it an important area to watch. The critical resistance is located at 1.40130. A breakout above this level could signal further bullish momentum, potentially leading to a new high. Volume Profile Analysis: The volume profile (visible range) shows a high concentration of trading volume around the 1.33647 level, indicating a significant area of price acceptance. This zone could act as strong support if the price moves down, as traders may view it as a fair value level. RSI (Relative Strength Index): The RSI appears to be in a neutral range, hovering near the 50 mark, indicating neither overbought nor oversold conditions. However, it would be prudent to monitor RSI for any breakout above 70 or drop below 30, which could signal potential trend reversals or continuation. Volume Analysis: Volume has shown occasional spikes, reflecting heightened activity during key price movements. However, recent weeks have seen average volume levels, suggesting a steady interest from traders without excessive volatility. Outlook and Strategy: Bullish Scenario: A breakout above 1.40130 could trigger further upside momentum, making higher levels a target for long-term bulls. Watch for confirmation through strong bullish candlesticks and increased volume. Bearish Scenario: If the price fails to hold above 1.38439 and closes below the trendline, it could signal a reversal or consolidation phase, with 1.33647 as a key downside target. Traders should watch for bearish signals like a break below the trendline and potential RSI divergence. Conclusion: USD/CAD is currently trading near a significant resistance level, testing the strength of the ongoing uptrend. Traders should watch for a breakout above 1.40130 to confirm bullish momentum, while a break below the trendline could suggest consolidation or a potential reversal. Patience is advised as the price approaches these key levels.
Short
by AngshumanSaikia