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Breakouts

Gujarat Gas ltd - Perfect Breakout🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:GUJGASLTDLong
by PrakWorld_Traders
Bata India - Good Breakout 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:BATAINDIALong
by PrakWorld_Traders
Principles to Trade Cup & Handle PatternHi Friends, We are glad to share this material on "CUP & HANDLE PATTERN". William O'Neil's Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. There are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance. The theory behind the cup and handle pattern is that if the price tried to drop but then rebounded, there must be strong buying momentum behind the asset to continue moving higher. This could attract traders to open a position at the price rise, or at least avoid opening a short position against it. How this Pattern works? 1. The cup should resemble a bowl or rounding bottom. The perfect pattern would have equal highs on both sides of the cup, but this is not always the case. 2. After the high forms on the right side of the cup, there is a pullback that forms the handle. The handle is the consolidation before breakout and can retrace up to 1/3 of the cup's advance, but usually not more. 3. The cup can be spread out from 1 to 6 months, occasionally longer. Ideally, the handle will form and complete over 1-4 weeks. 4. The buy point occurs when the stock breaks out or moves upward through the old point of resistance (right side of the cup). 5. The price target following the breakout can be estimated by measuring the distance from the right top of the cup to the bottom of the cup and adding that number to the buy point. This should be used only as a guideline. However, we have also seen the failure of Cup & Handle Pattern in the real trades. For example, EURUSD in June 2020 (15 mins Time Frame) showed exactly the opposite story; expectations were for higher side but it could not give a breakout and the price fall drastically. Inverted Cup & Handle Pattern: The reverse cup and handle pattern is an upside-down cup followed by a handle and a breakout to the downside. It represents a bearish continuation pattern. The pattern is formed by a drop, a rally, then another drop back to where the rally started. A handle forms, which should be less than a third the size of the cup. Important Point! Some traders make the mistake of assuming that once a U-shape forms, the price will drop to form a handle. It may not, so one should ideally avoid trading the pattern until it has fully formed, in order to confirm the trend. If You Like this idea or have any suggestion, please do comment. Thank you !
FXOPEN:XAUUSDEducation
by JustTradeSignals
4
KCSUSDT is ready to explode! 🦐KCSUSDT is ready to explode! The price had a breakout from the daily resistance and now the market is creating a bull flag below the 4h resistance. IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure.
by InkyGrip
4
supports and resistances and how they convert ✔First of all lets start with the brief technical explanation and after that go through the analyse DOGE ✔ 1 support( an imaginary line, level or area ) 👍one of the most simplest technical tool that use for indicating the proper point for buyers to enter or purchase one stock for using support line we need more than tow price points that an asset doesn't fall below more than those points and using line to connect them 2 resistance ( an imaginary line, level or area ) 👍unlike support line investors use it to figure out the place for exit or selling one stock and for using resistance exactly like support line we need more than tow price points and one line to connect them but we should pay attention to this point that asset doesn't ascend above those points ⏲how support and resistance line convert to each other ⏲ 👍support and resistance can easily change to each others in simple word when acceptable penetration of the price happen in one line for next price hit (be touched by the price ) this line act as an opposite function for example we have strong support area if the price stand below this line and stay away for awhile for next time when the price become close to this area it will works as a resistance for the price 3 breakout 👍usually indicates new trend when the acceptable penetration happens by the price to one support or resistance in indirect way for example we have strong support line and the price start to stands below the line and continue its movement here we have breakout you can use horizontal line at the left corner of your charts at trading view for indicating your supports and resistances. or using other tools like Rectangle or Ellipse and indicate support or resistance zone instead of simple line. 🚀🚀analyse of idea🚀🚀 here we have important daily trend line and strong support area 💣 so If the price breaks this trend line and price stay above this line we expect gain for the price and our noticeable resistance line and our next target are located on the chart. This is not financial advice, always do your own research. 🐳MAD WHALE🐋
Education
by MadWhale
23
FALSE BREAKOUTS | SPOT/AVOID/TRADE THEM LIKE PRO📈📉 FALSE BREAKOUTS | SPOT/AVOID/TRADE THEM LIKE PRO📈📉 How often have you opened a key level breakout trade, and then the price turned against you? False breakout happens quite often and it is a problem for many traders who buy at highs and sell at lows. ❗️Breakout trading is a fairly popular and viable trading strategy. However, some breakouts often turn out to be false. This can be quite frustrating, not to mention that it can often lead to a losing trade. However, in many cases, an experienced trader can analyze the market situation and react to it accordingly. False breakouts can make a profit if you know how to trade them correctly. ⚠️A false breakdown is a situation when the price violates an obvious level, but then suddenly changes direction. When the initial breakout of the level occurs, many traders open a trade in the direction of the breakdown. These traders are trapped when the price reverses, which triggers a series of stop losses. New traders are also entering the market, and this puts additional pressure on the price. This often turns the price into a new trend, the opposite of the initial breakout. A breakout that turns out to be false is a sign of strength in a downtrend or weakness in an uptrend. As you can see, a false breakout can easily cause significant losses for any trader. Some traders develop their entire strategy around trading false breakouts, as this can be a very powerful trading approach. Some of the best trades happen when market players fall into a trap and their stops start to work. ✅How to find patterns of false breakouts? 🟢If you do not learn how to correctly identify false breakouts, you will not be able to trade them profitably. For example, there will be situations when the price returns to the breakout point, and only then continues its movement. 🟢One of the ways to detect false breakouts is to monitor the volume. Real breakouts are usually accompanied by strong indications of trading volume at the time of the breakout. When this volume is absent, there is a higher probability that the breakout will not happen. 🟢Thus, if the trading volume is low or it decreases during the breakout, a false breakout is likely to occur. In contrast, if the volume is large or it increases, a real breakdown is likely. 🟢It is also useful to monitor not only the trading volume but also the price movement on the lower timeframe. In many cases, you will see that the price makes a very sharp pullback on the lower timeframe, which is not visible on the higher timeframe. ✅False Breakout Trap 🔴After all, many trading textbooks say that a breakout can be considered confirmed when a candle closes above the resistance level. However, the price moves in your direction for a while and then turns 180 degrees. As a result, you have a stop loss triggered. 🔴The false breakout trap includes several candlesticks, usually 1-4, that go beyond the key support or resistance level. Such breakouts occur after a strong movement, as the market has reached an important level, but the price momentum still retains its strength. Have you ever been trapped by a false breakout?
BITFINEX:BTCUSDEducation
by TopTradingSignals
8
Why breakout never worksHello traders! This is another educational post just to break your false perspective which will benefit you and it will also help you not to fall into the trap of uneducated traders. I have seen traders who just make a trendline line and put a bullish arrow and say that after the breakout price will go to heaven but in reality breakouts never works and they are very far from reality. If you buy a breakout blindly then there is only 1 out of 6 chance that you are correct. In other words, you will keep losing again and again with that strategy. So why breakout never works? The patterns that we see are illusions, they are not real but the market does react to the trendlines and patterns. What I mean by the reaction is that after a breakout market forms different kinds of reactive patterns. These patterns help the market to move further up or they push the market back in the trendline and most of the time these pattern pushes the market back in the trend. If you can figure out what pattern is formed after the breakout then you can predict easily that the breakout will work or it will fail. Do your research and ask the questions. Here is the tip: Selling on bullish breakouts is more effective than buying on bullish breakouts.
Education
by Aadil1000x
1
RBL Bank - Bullish Breakout🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:RBLBANKLong
by PrakWorld_Traders
BTCUSD - WEEKLY - THREE WHITE SOLDIERS !Good morning to all of you. Today we are going to look closely at the weekly picture in drawing several trading zones : I : BREAKOUT TRADING ZONES II : BULLISH ZONE III : SUPPORT ZONE BREAKING ZONES : In looking at the last three weeks price action, a " Three white soldiers" pattern has been identified and each weekly closing level confirmed an upside breakout BULLISH ZONE : Current weekly closing will give an important indication about further development. Indeed, a weekly closing above 59'600/60'000 would be the first signal of an upside continuation move , calling for 62'250 ahead of the 65'000 area, former ATH SUPPORT ZONE : A failure to hold, on a weekly closing, above 59'600/60'000 would trigger a renewal selling pressure and would open the door for the 55'000 area as an intermediate first support target (former congestion zone) ahead of the 52'000 area (September former tops) Below the Tenkan-Sen (conversion line) is currently @ 51'260 CONCLUSION : While a " Three white soldiers" should be seen and considered as a strong reversal signal, it is usually followed by a consolidation phase and this should be closely monitored in watching upcoming price action on shorter time frames (Daily and intraday !!) In acting accordingly you will be able to detect early warning and early signal (s) of a potential trend reversal. Watch also technical indicators, such as RSI to also detect divergence (s)
BITSTAMP:BTCUSD
by Ironman8848
1