UsdCad Trend Line Break Out!Looking for Impulse Down.
UsdCad break out TL and will start to move down soon on retracement. Make sure you have your own rules on RR and follow them. This is just a trading idea to help you gain better knowledge. If you have any question ask me in comments.
Learn & Earn!
Wave Trader Pro
Breakoutsignal
HFCL Ltd (HFCL) Breaks Out with Strong Volume
Breakout confirmed with a bullish move above the resistance level.
Significant increase in trading volume, indicating strong buyer interest.
Critical support level established as a strong base.
RSI approaching overbought territory, suggesting potential for further gains but also warranting caution.
NQ Power Range Report with FIB Ext - 8/1/2024 SessionCME_MINI:NQU2024
- PR High: 19644.25
- PR Low: 19582.25
- NZ Spread: 139.0
Key scheduled economic events
08:30 | Initial Jobless Claims
09:45 | S&P Global US Manufacturing PMI
10:00 | ISM Manufacturing PMI
- ISM Manufacturing Prices
FOMC day saw strong breakout from prev end of week range
- Continuing above prev session high
Evening Stats (As of 10:15 PM 7/31)
- Weekend Gap: N/A
- Session Gap 7/24: -0.32% (open > 19946)
- Gap 10/30/23 +0.47% (open < 14272)
- Session Open ATR: 373.80
- Volume: 35K
- Open Int: 245K
- Trend Grade: Bull
- From BA ATH: -6.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 20954
- Mid: 19814
- Short: 18675
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
HINDPETRO - Awaiting Breakout OpportunityGood Volume Support: Strong trading volume indicates healthy interest.
Waiting for Breakout: Monitoring for a key breakout point.
Ascending Trend Line: Positive trend with consistent upward movement.
Breakout Soon: Anticipating potential breakout based on current trends.
#SRM_Contractors All time high breakoutTechnical Analysis -
Resistance of Rs.240 is broken with huge volumes, potential to very high return in 1-2 years.
Fundamental Analysis -
Company is an Infrastructure player majorly works in Jammu & Kashmir region. Main clientele of this company is mainly Govt. companies like Border Road Organization, Indian Railway, National Highways Authority of India, etc.
Recently won 3 orders of new projects combined worth 568.25 Cr. Making their orderbook of 1248.25 Cr (guesstimate it can be more)
1INCH 🦄 Ichimoku Weekly Breakout! | Profits PlanHey guys!
Analyzing past movements, we can see price used to move inside a downwards channel until it broke out from it. But not only that, it broke out and pierced through the Ichimoku Cloud in the weekly timeframe which is huge!
So here's some plan:
1) Condition: -price must breakout from 0.58 towards the upside. After that, it should re-test the zone to give a chance to get into a trade. (DONE)
2) We can set targets 0.90 - 1 dollar mark
3) If price closes above 1.10 we can expect a move towards the following target zone: 1.60 - 1.90
4) For the bears scenario (we must include it even if we feel might not happen at all) Price could fall back into the range and give an awesome opportunity to buy lower even. And a realistic price would be around 0.27 but BEST optimal would be at around 0.20
Let's see how it plays out!
Kina Tip of the Day : My ideas and trades are all for SPOT modality. I don't recommend futures trading unless you really know what you're doing and you're up to get glued into the charts. If you want to live your life and still make money then relax, sit back, analyze and create your own strategy that could be based from another teacher but you must feel connected to it otherwise it won't work in the long run, no matter what you do. So, never give up and keep fighting for independence.
Keep it Shiny! ✨
Kina, The Girly Trader
SWING IDEA - PANAMAPETStock is currently at its 52W high and also breakout zone.
MACD is indicating a good momentum in the upward direction.
Also Monthly MACD has made a crossover, which could possibly take the stock to new highs in the coming weeks/months.
406 has formed as a Key Support for this Trade be to be valid.
Weekly closings above this Support level will surely take the stock to newer highs.
BTC/USDT 4H Long Analysis: Key Levels and Market OutlookEllipse has entered a long position at 59.2K, reflecting confidence in the bullish signals present despite some concerns.
4-Hour Chart Analysis:
Bullish Signals:
Price breakout above the Ichimoku cloud
Lagging Span (Chikou) has broken out of the cloud
Lagging Line (Chikou) is clear of both price and cloud
Pivot reversal (24/12)
Tenkan-Sen (TK) is above Kijun-Sen (KJ)
Future Senkou Span B points upwards
These bullish signals indicate a potential upward momentum in the short term.
Concerns on the 4-Hour Chart:
Low volume in the market
Price remains below the 200 EMA
100 EMA is below the 200 EMA
While we have several bullish signals, the low volume and position of the EMAs suggest caution.
Zooming Out to the Daily Chart:
Bullish Signals:
Price is above both Tenkan-Sen (TK) and Kijun-Sen (KJ)
Price is above the 200 EMA on the daily chart
Found support on the 200 EMA daily and monthly pivot (S1)
These signals suggest a stronger bullish trend when viewed on a longer timeframe.
Bearish Signals on the Daily Chart:
Tenkan-Sen (TK) is below Kijun-Sen (KJ)
Price is still under the daily Ichimoku cloud
Future cloud (Senkou Span) is bearish
Despite the bullish signals, the bearish cloud configuration and the position of the Tenkan-Sen and Kijun-Sen warrant caution.
Key Resistance Levels:
200 EMA on the 4-hour chart at 61.2K
Yearly pivot R2 at 62.7K
Lower boundary of the daily cloud at 64.3K
These resistance points are crucial levels to watch for potential price rejections.
BTC/USDT shows mixed signals across different timeframes. On the 4-hour chart, several bullish indicators suggest potential upward movement, but the low volume and the EMA configuration urge caution. The daily chart shows a more pronounced bullish trend above the 200 EMA, yet the bearish cloud and Tenkan-Sen/Kijun-Sen arrangement could limit gains. Key resistance levels should be monitored closely for any breakout confirmation or potential reversals.
Trade safe and always consider multiple factors in your analysis!
detailed important chart tells u why to buy AVAXin weekly chart can notice a breaking out of falling wedge pattern finally after more than 6 months..
the price now moving in huge ascending channel going to making new ATH in next few weeks..
u can see elliot wave in the chart and It's clear that elliot wave correction done
one of the biggest coins in the market ... ranked 11th in terms of market cap (11.871B)
it's on good support and suitable place to buy ... long term target is 200$
best regards ceciliones🎯
Emirate Integrated Next Target is AED 10.60 , +74% PROFITEmirate Integrated Trading in Side Waves or Box since 11 years. Expecting Breakout above the side waves and the Target is AED 10.60..... OFFERING the chance to make +74% Percentage Profit.
Support me; I want to Help People Make PROFIT all over the "World".
FVRR - Do Not Miss This One! Last Warning!It goes without saying, you must do your own analysis, research, and due diligence before entering a trade. My job is to prepare you with some of that analysis, the TraderDaddy way.
Either way, the risk/reward for me on this one is hard to pass up and I will be playing these earnings.
Happy Trading :)
Tejas Networks Posts Strong Q1, Awaiting BreakoutTEJAS NETWORKS reports strong Q1 results with significant net profit, substantial revenue increase, and solid EBITDA profit. Technically, the stock is consolidating after an uptrend, retracing from the 38% Fibonacci level, and is poised for a breakout above 1495 INR.
Ethena _ Downtrend Breakout _ 0.6 Fib is 1st Target +62% PROFITFalling Channel Pattern is Breakout and Uptrend Continuation. 1st Target is the 0.618 Fibonacci level price at 0.70091110 USD. Offering the chance to Achieve +62% Percentage Profit. And 2nd Target is the Downtrend line Top. Offering the potential to Achieve a +149% Percentage PROFIT.
Support me; I want to Help People Make PROFIT all over the "World".
Bitcoin - Eventually hitting $250.000?BITSTAMP:BTCUSD is looking extremely bullish despite the recent 4 month consolidation.
For more than four months, Bitcoin has basically been moving sideways, experiencing quite volatile swings towards the upside and downside. However we should not neglect the overall bullish behaviour of Bitcoin which is still creating cycle and correction after cycle and correction. Therefore, maybe after a short term pullback, I do expect (much) higher prices on Bitcoin.
Levels to watch: $67.000, $37.000
Keep your long term vision,
Philip - BasicTrading