Get started

Breakout!

JK PAPER - My observation & overview! - 30% upside!!!Overview & Observation: 1. Moving with Weekly Demand. 2. Good volume support. 3. Strong trendline support 4. Healthy breakout candle. Trade Plan: 1. It is already close to targets for the structure it gave BO. 2. Either wait for a retracement for buying or ride the trend with an aggressive entry at CMP with 10% as a safe SL. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:JKPAPERLong
by SuperNova396
Gold Analysis in Forex Market📅 Let's get into today's analysis. I've decided to focus more on Forex analyses, and today we're analyzing gold with the main timeframe being daily. I'll be looking at the chart solely from a technical analysis perspective. 🔍 In the daily timeframe, as you can see, after breaking the 2075 resistance level, bullish momentum entered the market, and we managed to move up to the 2425 resistance level. After this sharp upward movement, the market entered a correction phase and corrected down to 2289. Currently, the price is ranging between the 0.236 Fibonacci level and the 2425 resistance. I believe that until the SMA99 reaches the price, new bullish momentum could enter the market, and you can confirm this momentum by a break above 2425. If the candle closes below the 0.236 Fibonacci level, we might move down to the Golden Zone of Fibonacci, which lies between 0.5 and 0.618. 🧩 There is also a minor trend line that the price has reacted to three times so far, which could be a key determinant for future price movements. 🧲 Regarding the SMA99, it has the property of creating significant distances when the market is trending. However, it eventually acts like a black hole, pulling the price towards it. This is happening after the rejection at 2425, and I believe the price will range until it meets the SMA99. Additionally, this SMA acts as a support and resistance level, potentially supporting the price once it reaches it and pushing the price upward. 📈 For a long position on the daily timeframe, it seems appropriate to wait for a break of the trend line and a confirmation above the 2425 area. The target for this move, based on Fibonacci extension, could be 2759. However, this target is quite high, and if the price aims to reach it, it will likely be a long-term move. 📉 For a short position, breaking below 2289 serves as a good trigger. If the price stabilizes below this level, it might move down to the area between 0.5 and 0.618 Fibonacci levels. This position is quite risky as the High Wave Cycle for gold is bullish, and this move in the Low Wave Cycle could be filled with noise. For shorter-term positions, it's better to look at the 4-hour timeframe. In this timeframe, we have a long-term range box and a significant support area at the 0.236 Fibonacci level on the daily chart. There’s no need to extend the analysis here; I’ll just discuss the entry triggers. 📈 For long positions, we have three different triggers. The first trigger is at 2338, which is the riskiest one with a target of 2365. The next trigger is at 2365 with a target of 2439. The final trigger is at 2439. 📉 For short positions, there's a very risky position with a trigger at 2320, and the second trigger is the break of the support area. ♟ Now, let me explain how I personally trade with each trigger. For the long trigger at 2338, I open positions in lower timeframes such as the 1-hour chart and set a small stop loss to quickly reach a risk-reward ratio of 2, which is my first target, with minimal risk. For the 2365 trigger, I open a position with normal risk and a regular stop loss size. For the 2439 trigger, I open a position with a larger stop loss because the trigger is at an all-time high (ATH) and represents a very strong supply zone. For short positions, I do not open any until the price stabilizes below the support area. 📝In summary, gold is currently in a ranging phase between the 0.236 Fibonacci level and the 2425 resistance level. Depending on the break above 2425 or below 2289, there are opportunities for long or short positions, respectively. For those trading in shorter timeframes, key entry triggers and careful risk management are essential to navigate the market effectively. 🧠💼 Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
OANDA:XAUUSD
by itsparham96
3
About The FX Crash & Cash IndicatorThe FX Cash & Crash Breakout indicator is a powerful Forex trading indicator on TradingView. Crash (consolidation or ranging market) and Cash (breakout from consolidation into a long or short trade). It uses Heikin Ashi candle bars in combination with real price on the hourly chart to smooth price fluctuations and identify early range-bound price action breakouts. Consecutive gray bars indicate a crash move into a sideways market. A breakout occurs when it goes from a sideways market to either either green or red bars indicating the opportunity to cash in on a trending short or long market opportunity. While primarily designed for intraday trading, it can also be utilized for swing trading. It's crucial to use strict trading discipline, gain basic knowledge of trading practices, and focus on risk management. This indicator was created to enhance your marketing strategy.
by mergeandsurge
SWING IDEA - FINOLEX INDUSTRIESWith a rich legacy and a strong foothold in the industrial sector, Finolex Industries emerges as an intriguing candidate for swing traders seeking opportunities in the market. Reasons are listed below : Breakthrough Attempt: After multiple tests, the stock is attempting to break through the critical 240 level, signaling a potential bullish breakout. Bullish Marubozu Candle: A bullish Marubozu candle on the weekly timeframe signifies strong buying pressure and potential upward momentum. Candlestick Engulfing Pattern: This week's candle has engulfed the previous eight weekly candles, indicating a significant shift in market sentiment towards bullishness. 50 EMA Support: The 50-period Exponential Moving Average (EMA) on the weekly chart acts as reliable support, reinforcing the bullish bias. 0.618 Fibonacci Support: Finding support at the 0.618 Fibonacci level strengthens the bullish case, suggesting a solid foundation for potential upward movement. Constant Higher Highs: The stock has consistently formed higher highs, reflecting a trend of increasing bullish momentum and reinforcing the potential for further gains. Target - 300 // 325 Stoploss - weekly close below 203 Disclaimer : Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:FINPIPELong
by Visionary_Growth_Insights
VANRY/USDT: Watching Retest After Breakout - Time to ENTER?Heads up, crypto traders! VANRY/USDT is making some interesting moves on the charts. Here's the situation: VANRY/USDT recently broke out of a falling wedge pattern, which can be a bullish technical indicator. Currently, the price is retesting the upper trendline of the wedge. We can expect a good upside move if the price holds this retest level. Entry zone:- $0.124-$0.134 Targets:- $0.154/$0.168/$0.185/$0.198 SL:- 4hr candle close below $0.124 What are your thoughts on VANRY/USDT? Share your analysis in the comments below!
Long
by CoreCrypto1
Trading Signal For BTCUSDT Bitcoin Trading Setup: There is a Trading Signal to Buy in BTCUSDT Bitcoin Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 61579.0 ⭕️SL @ 59900.0 🔵TP1 @ 64900.0 🔵TP2 @ 66586.0 🔵TP3 @ 69958.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. If you liked our ideas, please support us with your likes 👍 and comments .
Long
by pullbacksignal
8
Market Analysis: Bitcoin and AVAX📅 Today's market conditions aren't significantly different from yesterday. Given that it's Sunday, it's essential to minimize risk and avoid unnecessary positions. I'll start with a Bitcoin analysis and then move on to AVAX. 👑 Bitcoin Analysis 🔍 In the 1-hour timeframe, as I mentioned yesterday, there was a potential reaction at 60718, which occurred around 60739. Following this, the price moved upward with strong momentum, forming two powerful bullish candles. However, volume has started to decrease, indicating that the bullish momentum has temporarily subsided. We need to wait for a confirmation to see momentum re-enter the market. 📈 For a long position, I still wait for a break of 62168, which coincides with the 0.618 Fibonacci retracement level. If this level breaks, the price could move up to 63583. If the RSI stabilizes above 70, we could consider entering a long position earlier. 📉 For a short position, our trigger has shifted slightly to 60739, considering the market's reaction to this level yesterday. This could be a good short trigger with a target of 59323. However, volume needs to increase in the market, so it might be better to wait until the new week starts. ⛓ AVAX Analysis 🗂 The AVAX project operates on its blockchain, where AVAX is the primary coin used for transactions, fees, staking, and DeFi applications. 🔍 In the 4-hour timeframe, after a decline, the chart hit the support level at 23.84 and started to correct, now moving upward in the Low Wave Cycle. However, the decreasing volume favors a bearish trend continuation. We can expect the downtrend to continue if the price stabilizes below the 23.84 support. 📈 For a long position, you can enter upon breaking 28.59, but keep in mind that the volume is low, and you're trading against the main trend. The target for this position could be 30.88. If the RSI enters the overbought territory, it can provide confirmation to keep the position open. 📉 For a short position, you can enter upon breaking 27.69, though this trigger is quite risky. The main short trigger is at 23.84; breaking this level allows entering a short position. A break of 50 on the RSI can provide a suitable confirmation for bearish momentum entering the market. 📝Both Bitcoin and AVAX are at critical points. Bitcoin's low weekend volume suggests caution, while AVAX presents clear short and long opportunities based on the triggers discussed. Monitor volume closely and ensure confirmations through RSI patterns to make well-informed trading decisions. 🧠💼 Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
by itsparham96
1
Market Insights: Navigating Bitcoin and DYDX📅 Let's dive into today's analysis. The market continues to range, and Bitcoin had a fake breakout yesterday, returning to its range box. Today, it might finally find a suitable condition for a long position. Today's altcoin focus is DYDX, which presents a good shorting opportunity. 👑 Bitcoin Analysis 🔄 As usual, I'm analyzing Bitcoin in the 1-hour timeframe. We had a short entry trigger at 60718, but after breaking this level, the price couldn't continue its downtrend and returned to its range box. If you entered on very low timeframes like 15 minutes, you probably hit a risk-to-reward ratio of 2 and hit your target. However, if you entered in the 1-hour timeframe like me, you would have hit your stop loss, which happened to me as well. 🔍 Now, let's find today's trading triggers. After the fake breakout, we can say the first sign of buyers entering the market was seen. However, it's Saturday, and the volume is very low, so we can't say that buyers are showing a weak trend. I think it's better to stay away from the market today and tomorrow due to low volume, but we should check the market every few hours because we might miss a sharp move. 📈 For a long position, I personally will wait for the 62168 trigger, as it will likely take some time for the price to reach it. By then, the weekend will be over, and the market will have more logical volume. If the trigger breaks quickly before the weekend ends, we can conclude the market has momentum, making it viable to open a position. 📉 For a short position, 60718 is still suitable, but if the price revisits and reacts to this level again, it will be even more suitable for a short. I'm not focusing much on Bitcoin short positions because DYDX has a better trigger for shorting today compared to Bitcoin. 💱 DYDX Analysis 🗂 Let's move on to DYDX. There's no need to explain the project in detail because I covered it fully in previous analyses. However, to give a brief summary, DYDX is a decentralized platform where you can open positions. For more details, you can check out past analyses. If you want a comprehensive analysis of DYDX covering all timeframes and a detailed project explanation, let me know in the comments, and I'll do that for you. 🔍 In the 4-hour timeframe, as you can see, there's a downtrend starting from the break of 1.935 down to 1.306. Drawing a Fibonacci retracement, we see it corrected up to 0.382 and formed a range box between 1.1306 and 1.505. On a smaller scale, there's a smaller range box between 1.434 and 1.343. 📈 For a long position, we can enter after breaking 1.434, aiming for 1.505. The next trigger is breaking 1.505, which could move the price towards 0.618. The final target for this position is 1.794. 📉 For a short position, we have two triggers: 1.343 and 1.306. If the price makes another downward move, it can reach 1.030, a level indicated by the Fibonacci extension. 📊 For all triggers, note that volume should increase in the direction of the position you want to open. Otherwise, we have a divergence, and the trend can't be trusted. 🧩 Regarding RSI, there's an ascending triangle. If the trendline of this triangle or the 57.16 resistance breaks, it confirms the activation of this pattern, providing a confirmation for the position you want to open. The trendline break trigger is 36.71. 📝Both Bitcoin and DYDX are at pivotal points. Bitcoin's low weekend volume suggests caution, while DYDX presents clear short and long opportunities based on the triggers discussed. Monitor volume closely and ensure confirmations through RSI patterns to make well-informed trading decisions. 🧠💼 Always remember the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Stick to strict capital management principles and use stop-loss orders, ensuring an initial target with a risk-to-reward ratio of 2. 🫶 If you found this analysis helpful and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
by itsparham96
3