Ready for Breakout...NSE:AMBER trade at 4550. Support is @ 4000 Resistance is @ 4800.
on Daily chart when stock break its resistance level, you can watch it next Resistance @ 6000
Breakout
GRAB It Before Breakout...L&T Technology Service Ltd seen a breakout above 5800. Now its trading in range upto 4800-5800. You can watch a big upside move after breakout and its next resisence is 8000-8200...
SAFARI IND SEEN A STRONG BREAKOUT...SAFARI IND Stocks give a strong breakout. You should watch for a upside swing. Next resistence is at 2800-3000...
S&P500 - The Next 14 Days Will Decide Everything!S&P500 ( TVC:SPX ) is about to break all resistance:
Click chart above to see the detailed analysis👆🏻
Over the past couple of weeks, the S&P500 has been repeating the major breakout rally of 2021. Back then the S&P500 actually broke above the channel resistance and immediately rallied more than +15%. If we see the confirmed breakout, we will likely see the same thing happening again.
Levels to watch: $6.000, $7.000
Keep your long term vision,
Philip (BasicTrading)
$NASDAQ:LCID Going for the break out?Up 8% after testing lower, but holding the $3.20 support line in the previous trading day.
Upside is to ~$8/share.
Check for end of day volume for confirmation, should be relatively high volume spike.
NZDUSD - Support becomes resistanceHello Traders !
On the weekly time frame,
The NZDUSD broke the support level (0.57736 - 0.58098).
This key level becomes a new resistance level !
So, I expect a bearish move📉
__________________
TARGET: 0.56075🎯
BNB SWING LONGSwing Long BNB Opened:
⠀
The 2021 all-time high is the most critical level for me to watch. Historically, this level has acted as a strong support and resistance zone. Additionally, the price recently tapped the first 4H order block, showing a solid reaction from a 4H perspective.
⠀
My trade strategy is grounded in sentiment (ATR) and general average price. Currently, all indicators have flipped green, even though the price hasn’t yet broken the previous internal swing high (1D perspective).
⠀
Key Levels:
2021 All-Time High, as strong support especially with the current 4H reaction from it
Current ATH, This level will be my 75% TP, since its bove 3R (which is my minimum required R per trade, also This level holds liquidity and offers potential for price discovery above, where i will take the 25% (1.2 dev)
Last Internal daily Swing High, Breaking this level could create upward momentum tp reach the minimum target of the ATH.
The daily ATR sentiment confirms a bullish bias with a green signal,. (Main criteria for system)
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Trade Details:
Stop-Loss: Below the lowest wick from the 4H OB test. This area also aligns with the 4H 24/42 EMA, meeting my SL criteria.
Targets, 75% of the position will be exited at the current ATH. The remaining 25% will aim for the 20% deviation zone above the all time high, ($829.23 on Phemex linear charts).
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This trade offers a potential R of 4.2, with a maximum of 5.1R in total on average.
⠀
Comparative Analysis:
Looking at the weekly BNB chart versus the daily BTC chart, I noticed similarities in structural behavior. While the timeframes differ, the fractal nature of the market validates this comparison.
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Both charts show clear break-of-structure patterns with higher-low formations. On the BTC weekly chart, three BOS moves have occurred since the last low, mirroring 2 break of structures on the BNB chart. BNB is approaching its ATH without significant rejections, which I interpret as a sign of strength.
$0.25 to $2.13 HUGE 775% in 6 hours $NXUHUGE 💥 $0.25 to $2.13 big 775% in 6 hours NASDAQ:NXU
Volume is at half of billion shares 🤯
Our Buy Alert just before it switched to speed up vertical
SILVER - Bearish Head and SouldersHello Traders !
The Silver price formed a head and shoulders pattern.
Currently, The neckline is broken !
So, I expect a bearish move📉
_______________
TARGET: 28.10000🎯
EIGEN - Box is brokenBINANCE:EIGENUSDT (1h CHART) Technical Analysis Update
EIGEN is currently trading at $3.578 and showing overall bullish sentiment sentiment
Price was trading inside the box for couple days and expecting to breakout from the box soon. There is a good potential for long trade here.
Entry level: Candle close above $3.68
Stop Loss Level: $ Below 3.204
TakeProfit 1: $3.875
TakeProfit 2: $ 4.180
TakeProfit 3: $ 4.592
TakeProfit 4: $ 5.035
TakeProfit 5: $ 5.612
Max Leverage: 5x
Position Size: 1% of capital
Remember to set your stop loss.
Follow our TradingView account for more technical analysis updates. | Like, share, and comment your thoughts.
Cheers
GreenCrypto
Looking for a leap play on NKE! 🔉Sound on!🔉
📣Make sure to watch fullscreen!📣
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!
GOLD BEARISH BREAKOUT|SHORT|
✅GOLD broke our of the
Bearish wedge pattern
While trading in a downtrend
So we are now bearish biased
And we will be expecting
A further bearish move down
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
AUD_CHF WILL GO DOWN|SHORT|
✅AUD_CHF keeps falling in
A downtrend and the pair is
Consolidating below the
Key horizontal level of 0.5620
So we are bearish biased and
We will be expecting a
Further bearish move down
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
ACH ANALYSIS📊 #ACH Analysis
✅There is a formation of Descending Channel Pattern in daily chart with a breakout of Descending. We would see a good price moment in few weeks if breakout sustains here 🧐
👀Current Price: $0.02740
🚀 Target Price: $0.03150
⚡️What to do ?
👀Keep an eye on #ACH price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#ACH #Cryptocurrency #Breakout #TechnicalAnalysis #DYOR
correction on my last post Solana Nearing $200: A Potential Day Solana is on the verge of hitting the $200 mark if there is a breakout. For day traders, this could be a great chance to lock in some profits. I’m planning to wait briefly after the breakout to see if it’s just a fake breakout. If the price continues to rise, I’ll open a long position and aim to close it at $200. My stop-loss is currently set at $183 and will be adjusted based on price action, so it eventually moves into positive territory.
What’s your take on this? Let me know!
Stay tuned, and I’ll catch you in the next one — peace!
Solana Nearing $200: A Potential Day Trader’s OpportunitySolana is on the verge of hitting the $200 mark after breaking out. For day traders, this could be a great chance to lock in some profits .
I’m planning to wait briefly after the breakout to see if it’s just a fake breakout. If the price continues to rise, I’ll open a long position and aim to close it at $200. My stop-loss is currently set at $183 and will be adjusted based on price action, so it eventually moves into positive territory.
What’s your take on this? Let me know!
Stay tuned, and I’ll catch you in the next one — peace!
TRUST - Much more high to put in yetTRUST looks like a great coin that has a really nice strong, positive trajectory ahead. It's strength looks like its coming from a very strong, solid foundation from Elliot Waves with the first impulse of higher degree of trend 1 being put in. The long, slow, churn we've seen of late is very typical of an Elliot wave 4. So, it we can see a higher high that will give us confirmation that we're on the road to complete wave 5 of 1, which by all accounts is likely to match the distance travelled of 1. Good luck and follow for more.
SOL/USDT Outlook: Will We See a Bullish Bounce or Another DowntuThis was the analysis I’ve been using for my SOL/USDT trades over the past few weeks. I believe that in the next few days we’ll see whether Solana turns bullish again or if there’s another downturn. However, I’m confident that several support levels will bring Solana back around and push it higher. If that happens, I’ll go bullish on SOL.
On top of that, I’ll be posting more of my daily (or weekly) trades to keep you updated on what I’m doing. I’ll also share where I see SOL heading.
What do you think, tell me?
Stay tuned and I’ll catch you in the next one — peace!
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! 🚀
$NASDAQ:RGTI breaking out of a bullish flagNASDAQ:RGTI appears to be breaking out of a bullish flag with ~$14 Price Target (PT).
Awaiting confirmation on volume, but 100M shares have traded 2 hours into the trading day, which matches recent daily volume. Long story short... looks like there's going to be a lot of volume today.
As I get closer to the PT, I'll set up a trailing stop to help maximize profits/minimize loss.
Good luck!
$NYSE:BBAI Double and Triple Bottoms with positive indicatorsThanks to @Money_Wins_Honey for getting this on my radar.
NYSE:BBAI is showing double and triple bottoms in the weekly as well as daily chart. The price targets are $8.43 and $12.96.
Here are my positives that support this trade:
The volume has been really going through the roof
Williams %R it tracking higher lows
It's in the AI space so it's HOT right now
Entry Points:
Higher Risk - Now, and place a stop below $3.00 (that's the current shelf that's being formed)
More conservative - wait until after breaking the double bottom resistance line (closing above $4.81)
Exits:
Double Bottom PT - $8.43
Triple Bottom PT - $12.96
Good Luck!
$NASDAQ:LCID Monitoring for a 168% breakoutWatching Lucid for a breakout from its falling wedge pattern. This may retest the support at ~$3.20 before breaking out.
Entry: ~3.30
Confirmation: A spike in volume and a good % uptick in the price.
Stop loss: 200 day moving average (~$2.92)
Price Target: 8.84
USDT.D Testing Critical Resistance: Breakout or Pullback?USDT.D has recently broken out of a falling wedge pattern, indicating a potential shift in momentum. The price is currently testing a critical resistance zone near 4.30%. A breakout above this level could signal further dominance for USDT, suggesting risk aversion in the crypto market.
If the resistance holds, a pullback toward the 4.20% support zone is likely. However, a confirmed breakout could lead to a continuation of the upward trend, potentially targeting the 4.40% level.
DYOR, NFA
