Breakouttrade
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
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.
NZDUSD Sell Breakout Bollinger Band Bounce With a set of Bollinger Bands with the Settings of
Period: 10
Deviation: 1.500
Shift: 0
Apply to: Close
EMA: 8
Shift: 0
Method: Exponential
Apply to: Close
Color: Red
EMA: 21
Period: 8
Shift: 0
Method: Exponential
Apply to: Close
Color: Green
When on the 1hour and 4hour time frame a candle stick touches the upper or bottom Bollinger band bounce and touch the middle Bollinger bang you have a good chance price will return and break through for longer shorts or buy at the market. use proper risk management and place stop loss at the session high!
GBPJPY - Descending TriangleIf you are looking for shorting opportunity, this is 1 opportunity you have to keep a close eye on.
Descending Triangle is 1 of my favourite structure trading setup. There are 2 ways to engage it.
1. A touch of the upper trendline without closing above the trendline
2. A break and close below the support line and preferably closing below the lower shadow of the candlestick.
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
TRXBTC is testing the weekly resistance 🦐TRXBTC is testing the weekly resistance. 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.
Btc back to 50k?Current market structure suggest price is currently trading within a descending triangle with a morning star pattern indicating a very bullish move which could break above the wedge, take a little dive before continuing towards the upside. This unless of course btc has anything to say😁
POND ascending trianglePond in ascending triangle, 3 times already was rejected from 0.169, and now lies on support trendline formed with this amazing run-up. Level 0.145 seems to be the local bottom and if it's lost we could open a short position. If the price breaks this significant resistance by 0.169 we could open a long position. Good luck traders
BTC aiming up now?In the immediate shot-term, BTC is coiling up for retest 46,6k, former support, now resistance. Formed ascending triangle on 30mins chart. A good sign is if BTC goes above and holds it, but if rejected again, could be seen as a bearish retest... and not so great sign... Indicators look descent for a possible move up. Good luck traders
AUDIO descending channelLooks like AUDIO found a local bottom at 2.318, tested it twice and it bounced up from it. there is more room left in this big descending triangle formed some 10 days ago. The descending channel inside of it will be out of space in 2 days, so AUDIO will either break up or lose that support. MACD looks like it's time for some upside movement. If entering long, watch for confirmation like a break from this descending trendline RSI has formed and increased volume. Set alarms because this could take some time. Good luck traders.