Breakoutsignal
USD / ZAR 15.36988 +1.79 % LONG IDEA * CONTINUATION PATTERNHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE.
NEW WEEK, NEW OPPORTUNITIES.
LOOKING AT THE DOLLAR / ZAR
* The PAIR has been trading in a descending channel just tested the base of this structure creating a double bottom as we enter a strong bullish rally.
- Short term the pair has currently broken structure possibly signaling a strong bullish momentum on the 4h chart this.
- There is a supply zone to look out for on the on the pair ahead which will serve as the target for this trade should the ENERGY continue upwards.
- Looking for long entries on the THE DOLLAR ZAR this week should all the rules of the formation be met.
lets see how it goes
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRADE
LUNAUSDT is creating a descending channelThe price is creating a descending channel on the daily timeframe after a perfect retest on the 0.618 Fibonacci level on the weekly timeframe.
How to approach?
IF the price is going to have a breakout from the descending channel and retest the previous resistance as new support, we can add to our watchlist and wait for applying our rules. Of course, is not enough to see just a breakout, you need to have a strategy
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
SOBHA - Clear swing trade entry🔴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
KCSUSDT is creating a range on the 0.618 Fibonacci LevelKCSUSDT is creating a range on the 0.618 Fibonacci Level above the weekly support.
IF the price is going to have a breakout, According to Plancton's strategy (check our Academy ), we can set a nice order
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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.
DocuSign: Significant breakdown confirms long term reversalDocuSign - Short Term - We look to Sell at 220 (stop at 245)
The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. We have a Gap open at 227 from 03/12 to 06/12. Further downside is expected although we prefer to sell into rallies close to the 220 level. The reaction lower is negative and highlights a clear reversal. Intraday rallies continue to attract sellers and there is no clear indication that this sequence for trading is coming to an end.
Our profit targets will be 140 and 105
Resistance : 180 / 227 / 290
Support : 135 / 105 / 65
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
$NES – SI 169%Nuverra Environmental Solutions, Inc. provides water logistics and oilfield services to customers focused on the development and ongoing production of oil and natural gas from shale formations in the United States. The company provides water transfer, disposal, rental, and other services associated with the drilling, completion, and ongoing production of shale oil and natural gas. It operates through three divisions: the Rocky Mountain, the Northeast, and the Southern. The Rocky Mountain Division manages a fleet of 176 trucks; owns, manages, and leases a network of 20 salt water disposal wells under the Landtech brand names; and maintains and leases rental equipment, including tanks, loaders, manlifts, light towers, winch trucks, and other miscellaneous equipment used in drilling and completion activities to oil and gas operators and others, as well as provides oilfield labor services. The Northeast Division manages a fleet of 177 trucks; owns, manages, and leases a network of 13 salt water disposal wells under the Nuverra, Heckmann, and Clearwater brands; and maintains and leases rental equipment, including tanks and winch trucks used in drilling and completion activities to oil and gas operators and others. The Southern Division manages a fleet of 35 trucks; owns and operates 60-mile underground twin pipeline network; owns, manages, and leases a network of 7 salt water disposal wells; and maintains and leases rental equipment, including tanks and winch trucks used in drilling and completion activities to oil and gas operators and others. The company was formerly known as Heckmann Corporation and changed its name to Nuverra Environmental Solutions, Inc. in May 2013. Nuverra Environmental Solutions, Inc. was incorporated in 2007 and is headquartered in Houston, Texas.
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
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
Breakout and Retest in JSW STEELThere is a breakout and retest in JSW STEEL. Please add this stock to your watch list. Lets wait for a bullish candle on Monday before taking the trade. Entry above 680 should be good.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
ABM | Triangle Breakout | Target ENTRY PositionABM | Thailand SET Index | Energy Sector | Chart Pattern Trading
> Chart Pattern: Symmetrical Triangle Breakout
> Price Action: ENTRY position @ Breakout with strong momentum crossing up above VOLUME PROFILE POINT OF CONTROL
> Indicator: MFI Bull momentum above 60, RSI > 50 golden cross MA line, MACD crossing up signal line above baseline 0.
Trade with AFFORDABLE risk ratio 3:1
Trust in SYSTEM indicator
Always respect STOP-LOSS
Good Luck
DP
GEL | Parallel Channel Breakout | Target Entry@Pullback GEL | Thailand SET Index |Construction Material Sector | Price Action Trading
Chart Pattern: Falling Parallel Channel Bullish Reversal
Price Action: Bullish Breakout Entry at PULLBACK position
Target estimated for short-term / long-term shot
Indicator:
> Support line just above EMA200
> RSI bullish signal above MA line
> MACD golden cross above baseline 0
Trade with affordable risk ratio 3:1 at least
Always respect your stop-loss
Good Luck
DP
WIN | Strong Momentum Rising Window Candle- Triangle Breakout WIN | Thailand MAI Index | Price Action & Chart Pattern Trading
Chart Pattern: Symmetrical Triangle Strong Momentum Breakout - possible new high Elliott 5th Wave Extension
Price Action: Entry @ New High Breakout supported with strong momentum with Rising Window Bullish Candlestick
Indicator:
> RSI: Bullish signal cross up MA line
> MACD: Golden cross way above baseline 0 - indicating strong bullish