Breakout
USDJPY Approaching Breakout: Will it Reach 147.21 or Pull Back?2H Chart
Current Price: 144.252
After analyzing USD/JPY on the 2-hour chart, the price has broken through the major support and resistance level at 143.750. It is now approaching the upper boundary of a falling wedge, marked as the Breakout and Reversal line. We anticipate that this line could act as a barrier and potentially reverse the price if the bullish momentum isn’t strong enough. After reaching the breakout line, the price may pull back to consolidate strength before breaking through, leading it toward our price target of 147.217.
On the 2-hour chart, the price is trading above all moving averages, and the RSI is currently at 65.12. On the other hand, if the price breaks through the support at 142.44, we expect it could decline further, potentially reaching 139.57.
VIX Will Go UP! Buy!
Hello,Traders!
VIX made a retest of
The horizontal support
Level of 14.80$ and then
Broke out of the narrowing
Wedge pattern so we are
Bullish biased and we will
Be expecting a further
Bullish move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
NZD_CAD BULLISH BREAKOUT|LONG|
✅NZD_CAD is trading in an
Uptrend and we are seeing a
Strong bullish breakout of the
Key horizontal level of 0.8520
Which is now a support so
After a potential local pullback
We will be expecting a
Further bullish continuation
LONG🚀
✅Like and subscribe to never miss a new idea!✅
AUD-CHF Bearish Breakout! Sell!
Hello,Traders!
AUD-CHF was trading in an
Uptrend but now we are
Seeing a breakout from an
Opening wedge pattern
So we are bearish biased
Now and we will be expecting
A local move down
Sell!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
Bearish Pennant on EUR/GBP @ D1This chart shows a bearish pennant on the daily chart of the EUR/GBP currency pair. It can be used as a trend continuation pattern in case of the price closing below the lower border of the pennant part. The pennant and its pole are shown with the yellow lines. My potential stop-loss level is marked with the red line (0.83861), it is placed at the high of the pennant area. My potential take-profit level is marked with the green line (0.82562), it is placed at the pole's length below the SL. I will wait for the price to close significantly below the lower border of the pennant area to execute a trade here.
Looking for a resistance breakout on Wayfair.🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
Looking Bullish on NIO immediately! A potential huge move soon!🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
BEAMX/USDT: READY FOR A 200% MOVE TO THE UPSIDE!!Hey everyone!
If you're enjoying this analysis, a thumbs up and follow would be greatly appreciated!
BEAMX looks good here. It breaks out from the falling wedge-like structure and looks ready for a 200% move to the upside. Buy some now and add more in the dip.
Entry:- CMP and add more up to $0.017
Target:- 150-200%
SL:- $0.0152
What are your thoughts on BEAMX's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
One Minute Analysis of Exide IndustriesI think this video will be useful to my followers.
I put my time to show you my view on the exide industries.
All the levels are labeled in the chart. Any query? do write in the comments.
Thank you.
Disclaimer:
The information provided in this stock analysis is for informational purposes only and does not constitute financial advice. Investing in stocks involves risk, and you should consider seeking advice from a qualified financial advisor before making any investment decisions. The author of this analysis does not hold any responsibility for any losses or gains made by any reader. Always conduct your own research and due diligence before making any investment decisions.
BITCOIN Bullish Breakout At Last! Buy!
Hello,Traders!
BITCOIN was slow to react
To the FOMC decision but
Now it seems we are finally
Seeing a bullish breakout
Of the key horizontal level
Of 65k$ which is now a
Support and as we are
Bullish biased we will be
Expecting a further move up
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
VET VeChain Breakout with Price Targets (LONG)IF VET gets a volume increase soon, we will start breaking trough resistance. We have just broken out of a 6 month resistance trend line after finding a bottom. If we can get through the .702 fib re-tracement at 0.402, the we are heading straight to the higher targets towards the top of the channel with the dotted line 0.074 & 0.107
Spot buy and ride this one all the way up!
DOGE ANALYSIS🔮 #DOGE Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #DOGE. It's a daily time frame breakout and if the price sustains this breakout then we would see a bullish price movement📈
💸Current Price -- $0.11640
📈Target Price -- $0.17400
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#DOGE #Cryptocurrency #Breakout #DYOR
UNITDSPR Breakout, Long for IntradayUNITDSPR Breakout closing in 15 Min. chart, Rectangle/Flag & Pole pattern breakout.
Daily Trend is also upwards
Wait for the retracement then can go for long position.
Question : Why wait for retracement?
Ans : Already made 8 green candles, there is a high probability that a red candle can be formed only then we can see the intensity and exact seller price.
If sellers are strong then it can be a breakout fail or if buyers are strong then that red candle will be act like a small stoploss/better price place for Buyers.
Note: This is just an analysis wait for the price to confirm.
Disclaimer :
Always follow Risk to Reward, because this is the key to success in this business, no matter how much good a trade is looking, we never know the future.
AR Long Spot Position (Breakout Retest)Market Context: AR is showing strength at current levels after a proper breakout, now retesting the broken resistance. With AI performing well, this presents a high-conviction trade opportunity.
Trade Setup:
Entry: Enter a trade around $22.5.
Take Profit:
First target: $28
Second target: $35
Stop Loss: Below $20
⚡ The breakout and retest setup indicates strong bullish potential.
#AR #Crypto