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Breakoutsignal

PAIN REFORM Breakout Trade in Action!PAIN REFORM Trade Details: A breakout in Pain Reform on the daily timeframe offers a promising long trade setup using the Risological swing trading indicator . Entry levels have been clearly identified, and the stock shows strong bullish momentum as it heads towards its profit targets. Key Levels: Entry: 1.32 Stop Loss (SL): 0.88 Take Profit Targets: TP1: 1.88 TP2: 2.77 TP3: 3.66 TP4: 4.21 PAIN REFORM Analysis: The chart signals a strong trend reversal, with the breakout confirming bullish sentiment. The risk-to-reward ratio appears favorable for this trade setup, and the stock is poised for further gains as it moves towards higher targets. Outlook: Monitor closely for momentum follow-through. With a robust breakout, the targets look achievable given sustained market interest and volume spikes. Stay disciplined with stops to lock in profits!
NASDAQ:PRFXLong
by ProfitsNinja
CCJ cup & handle Breakout to 65 & 70+Cameco Corporation (CCJ) is currently displaying a classic cup and handle pattern, a bullish continuation signal. Here’s a breakdown of the pattern and what to watch for: Cup and Handle Breakdown: The Cup: A rounded base formed between April 2024 and October 2024, with the left and right peaks near $58.72 and a low around $46.76.This symmetrical cup formation indicates accumulation after a downtrend, with buyers gradually gaining strength. The Handle: After testing the $58.72 resistance level, the stock pulled back slightly to form a handle, consolidating around $55.66. Handles are characterized by lower highs and decreasing volume, setting the stage for a breakout. Volume: Volume has declined during the handle formation, a textbook signal of the pattern. Look for a volume spike to confirm the breakout. Breakout Level (Rim of the Cup): $58.72 Projected Target: Add the cup depth to the breakout level: $58.72 + $11.96 = $70.68 Profit Targets: First Target: $65.00 Second Target: $70.68 Bearish Contingency: If the price breaks below $55.66 , the pattern is invalidated, and CCJ may test lower levels.
NYSE:CCJLong
by EssieQuantumTrader
AUD/CAD Bearish Sentiment: 0.9240 Key Support Under PressureAUD/CAD remains in a bearish trend, with 0.9240 as a key support level, repeatedly tested and holding strong. The bearish sentiment is driven by contrasting central bank approaches: the Reserve Bank of Australia’s dovish stance aims to support economic recovery, while the Bank of Canada signals potential rate hikes amid stronger economic growth and rising inflation. This divergence in monetary policy strengthens CAD relative to AUD, reinforcing downside pressure on AUD/CAD toward the 0.9240 support level.
Short
by ClearTradingMind
DCAL - READY TO SOAR - A buy on DIP stockAGAINNNNNN.... with a big OPPORTUNITY in DISHMAN CARBOGEN AMCIS LTD🚀🚀 This stock has completed its correction and it's now ready to move towards north. let see how? Technical view- a simple understanding for beginners * The stock has given a breakout with good intensity of volume . * The price changed its structure from lower low to higher high * Stock price is challenging Upper Bollinger Band * RSI ( a strength indicator) is above 60 in Daily Time Frame which indicates strong momentum Understanding Waves Key Elliott Wave Principles: 1. Five-Wave Impulse Pattern : The primary trend unfolds in five waves (1-2-3-4-5). Waves 1, 3, and 5 move in the direction of the trend, while waves 2 and 4 are corrective. 2. Three-Wave Corrective Pattern: After a five-wave sequence, a correction typically follows, consisting of three waves (A-B-C) that move against the primary trend. 3. Wave Relationships: Fibonacci ratios play a crucial role in Elliott Wave analysis, often governing the length of the waves. 4. Wave Characteristics: Each wave has its own set of characteristics. For example, Wave 3 is usually the most powerful, showing the strongest price movement, while Wave 5 may signal the final push before a significant correction. Current Elliott Wave Analysis on DCAL - The stock is currently in bigger IMPULSE Wave in which it has completed wave 1 and wave 2 (correction) now it is in the bigger and the strongest wave 3 Targets - generally the targets of wave 3 goes up to 1.618 levels with TREND FIB from wave 1 to wave 2 * In this stock, the targets as per wave theory is around 425.70 * Intermediate targets as per technical view are 247-290-375-425.70 Invalidation / stoploss - invalidation of the up-move is 80 Trade Plan- * one can add at current levels and again if it comes down you will get an opportunity to add more till 150-140 * Invest keeping in mind for short to long term view, not for speculation. THANK YOU KARANN DINGRA
NSE:DCALLong
by KARANN_DINGRA
2
GOAT/USDT: LONG SCALP SETUP!!Hey everyone! If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates! GOAT is looking strong right now! It breaks out from the falling wedge like structure and also holding the 50ma in 2hr tf very well. Open a long position here and add more in the dip. Entry: CMP and add more up to $0.5 Targets: $0.556/$0.592/$0.644/$0.714 SL: $0.458 Lev: Use low leverage (Max 5x) What do you think of GOAT’s price action? I’m seeing a strong bullish setup here! Share your insights and analysis in the comments below!
Long
by CoreCrypto1
1
DOGE ANALYSIS🔮 #DOGE Analysis 💰💰 🌟🚀In 4hr chart we can see a formation "Descending Wedge Pattern in #DOGE. Also there is a breakout of the pattern. We would see a small retest towards it's crucial support zone and then we could expect a reversal 🔖 Current Price: $0.15800 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #DOGE. 🚀💸 #DOGE #Cryptocurrency #DYOR #PotentialBreakout
Long
by ZEUS_Market_Alerts
Gold Trading- How to Avoid false breaks- 3 simple tipsIf you’ve been trading long enough, you know the rush of seeing a big bullish breakout. Those massive green candles make it tempting to jump in immediately, fearing you might miss the move. But if you’ve experienced a few of these moves reversing sharply, you also know the sting of buying at the top. False breakouts—when price appears to break out but quickly reverses—can be frustrating. You can’t avoid them entirely, but using a few smart strategies can help reduce the risk of getting caught on the wrong side of a trade. Let’s dive into key strategies for breakout trading, including buying dips in an uptrend and selling rallies in a downtrend. 1. Don’t “Chase” the Markets When the market suddenly surges higher with multiple big bullish candles, the temptation to enter is strong. This move can make it feel like you’ll miss out if you don’t buy immediately. But in most cases, strong moves like this mean the market is likely due for a pullback. In an uptrend, these fast, high candles can often reverse or slow down, leaving those who bought at the high with losses. Pro Tip: If you spot three or more large bullish candles in a row, it’s usually too late to enter. Waiting for a pullback (which we’ll discuss soon) is often the safer approach. 2. Trade with the Trend: Buy Dips in an Uptrend and Sell Rallies in a Downtrend One of the most effective strategies for avoiding false breakouts is trading with the trend. Here’s the basic principle: In an Uptrend: Buy dips. When the market is trending upward, buying during short-term pullbacks is often a better strategy than buying during strong rallies. This approach allows you to get in at a lower price, reducing the risk of buying at the high. Example: Suppose the market is moving steadily upward but experiences brief pullbacks to a support level. This is an ideal opportunity to buy, as it aligns with the trend's direction without chasing after a breakout that could reverse. In a Downtrend: Sell rallies. During a downtrend, the market will often move lower, but with periodic upswings. These rallies are temporary and typically followed by further downward moves. Selling during these rallies can help you align with the downtrend while avoiding the risk of a sudden reversal. This buy-dip, sell-rally strategy aligns your trades with the overall market direction, minimizing the chances of getting caught in short-lived breakouts. 3. Look for a Buildup Before Entering a Breakout Trade One key strategy to avoid false breakouts is waiting for a buildup near a key resistance or support level. A buildup is a tight consolidation (or a “squeeze”) pattern that suggests the market is coiling up energy to make a sustained move in one direction. Here’s how it helps: Buildup at Resistance: If an uptrend is approaching a resistance level, a buildup (narrow price range) near that level often indicates strong buying pressure. It suggests that sellers are struggling to push prices lower, increasing the likelihood of a successful breakout above resistance. Stop Loss Placement: If the price breaks out from a buildup, you can use the low of the buildup as a stop-loss point. This gives you a more favorable risk-to-reward ratio because if the breakout is genuine, it’s unlikely to fall below the buildup low. Pro Tip: Patience is key. Wait for the buildup pattern to appear near resistance in an uptrend or support in a downtrend before taking a breakout trade. This approach is particularly useful when combined with buying dips in an uptrend or selling rallies in a downtrend. Very recent example (yesterday): Summary: Strategies for Breakout Trading and Trend Alignment To avoid getting caught in false breakouts, follow these steps: - Don’t chase big moves after three or more bullish or bearish candles. - Align with the trend by buying dips in uptrends and selling rallies in downtrends. - Use buildup patterns to time your entries, placing stop losses below the buildup for better risk management. By focusing on trend alignment, buildup patterns, and avoiding the urge to chase, you’ll find yourself in stronger positions and with greater control over your risk in the market. These strategies can help you catch trend-following breakouts without falling prey to the frequent traps that catch traders off guard.
FX:XAUUSDEducation
by Mihai_Iacob
Palantir Validated a Liquidity Zone, Whats Next? If you saw my previous structural analysis, I had mentioned that Palantir was going to hit an institutional liquidity zone, and for the first time in several years, using common sense, the price was going to face rejection. And that’s exactly what happened... The price hit my point of interest and dropped for 3 days. However, the last candle with which we closed the week was green and had enough volume. Why is this? If we can see 2 candles before the close, we can detect a trap that created a long wick downward, preventing the price from falling further. That’s the detail we're seeing before the week’s close—the last candle was bullish. We also can’t ignore that Palantir is only about 2 weeks away from its earnings report. So, I don’t think the price will make a decisive move just yet, and even if it falls further, it would likely be around 38.50. However, the earnings strategy that traders are waiting for, where Palantir accumulates and begins to rise, is very close. So, we need to be very alert as we approach its earnings report on November 4th. Best regards, and thank you for supporting my analysis.
NYSE:PLTR
by RocketMike111
Google Still Bullish but nothing to see yet till Earnings ReportGoogle is clinging to this stagnant channel (yellow color), but the question is: Could this be an accumulation before their earnings report? We are one week away from Google's earnings report, and I have a feeling that the price will simply continue to trade within the same range until a few days before the report. Let's say on Friday or Monday, we may see a strong and sudden move. This is due to the "insiders," those privileged individuals within the company who hold positions and know what the price movement will be on the day of the report based on information they can access before the expected date. We just need to keep in mind that we are still in a congested sideways channel, and this channel may expand as the days leading up to the report approach. There's really not much to see with Google at the moment. Best regards, and thank you for supporting my analysis.
NASDAQ:GOOGL
by RocketMike111
2
SPY Loosing Momentum ! SPYLOVERS DONT PANIC ! Its OKAfter several weeks of analysis, the price reached its all-time highs twice, creating a new extreme. Att his moment is what i call in a no man's land zone. But what do I see in the overall structure? If you can clearly identify the yellow upward channel, I want you to split it in half, and we will analyze the two parts. In the first half, we have an active price movement, with clear fluctuations between support and resistance. The high volatility causes the price to move in waves, perfectly respecting support and resistance. But if you can manage to identify the second half, up until the end of the channel, you'll see that the price shows signs of exhaustion. Exhaustion, how? When the price stops having that volatility everyone is looking for, and begins to slow down and starts moving like a worm along the edge of the channel’s support, showing small candles and, above all, losing momentum. (In the chart, I want you to identify the price exhaustion by marking it with a small symbol of a worm crawling along the channel's support.) This type of behavior happens frequently when the price is losing momentum. In this type of scenario, I am more than certain that we will soon see a move where the price might break out of the yellow channel. Most likely, we will see the price make its natural retracement. After achieving two all-time highs, I believe it's time for the price to take a break, either to consolidate or make a quick decision. Nevertheless, I am expecting the price to make its natural pullback in the coming week. We’ll see if it happens. Best regards, and thank you for supporting my analysis.
AMEX:SPY
by RocketMike111
13% profit 30% in total, bitcoin might do a new higher high Recap: first off all congratulations to everyone who followed my signals, we are on our second trade the first one made more than 16% profit and the second since September 1st made more than 13% and still going strong Since September 1st I've guided my followers through entry and exit points and thanks to my perfect entry the last panic sale didn't put us in the red even thought I've pleaded every trader to buy Bitcoin and that it will at least go above 65858$ and I've been trolled for saying that now the joke's on you Bitcoin will continue it's uptred and might do a new higher high
Long
by thebitcoin_trader
GOOGL we had a breakout, but we didn’t get the strength neededGOOGL: Yes, we had a breakout, but we didn’t get the strength we needed. We got confirmation that Google exited the yellow channel, which I call "no man's land," but when Google broke out of this channel to the upside, it did so with a candle that wasn’t to my liking. Double TOP! After the price tried to go up the first time after the breakout, it made one more attempt to go higher but failed. The price returned to the stagnant channel we had analyzed last week. The earnings report is approaching. I believe the last two candles give me a lot of hope that Google’s upward run is starting here. However, I would like to confirm on Monday or Tuesday with 1 or 2 bullish candles to confirm that my prediction will indeed take effect. Even though I'm still bullish on GOOGLE ! Remember, we are very close to the earnings report, which could push Google to glory! Thank you for supporting my analysis. Best regards,
NASDAQ:GOOGLLong
by RocketMike111
2
Ethereum just entered an accumulation phase after the breakoutEthereum just broke out of the months-long channel, and in this case, we didn’t see a breakout with strength and volume. However, ETH is entering an accumulation phase and will consequently need to make a decision to break out and rise back to last month's levels. Just remember that the backbone of all cryptocurrencies is Bitcoin, and if Bitcoin decides to go up, the entire crypto market will rise as a result. So, I invite you to check out my Bitcoin analysis. Thanks for supporting my analysis. Good luck!
COINBASE:ETHUSD
by RocketMike111
BTC Lucky Number 7 !!! Get Ready for the Bull RUN!! But first...Lucky Number 7 !!!!!! Get Ready for the Bull-RUN!!! But first... First of all, I want to clarify that all the checkmarks checked off are the predictions we have been making over all these months. Each checkmark is confirmation that the price behavior followed the analysis we conducted. In this case, the breakout of point #7 was fulfilled, and this is the breakout I had been waiting for around July-August (point #3). But before we proceed, I want to clarify that for me, a valid breakout means the candle and wick are completely outside the resistance line! So, indeed, for me, this is a legitimate breakout. BUT BEFORE THIS HAPPENS, WE HAVE TO SEE A SUPER IMPORTANT MOVE!!!!! Within the N3 pattern, whenever there is a breakout, it is always followed by a new high, and then the price makes its natural pullback. We will look for the price to touch the new support level, rebound, and aim for a new high. This is my N3 pattern, which I always look for after confirming a breakout. So, let’s wait a few days to allow Bitcoin to rise as much as it needs to, make its natural pullback, and then buckle up because we’re about to see a strong bullish run. Thanks for supporting my analysis. Good luck! -mike
COINBASE:BTCUSDLong
by RocketMike111