Breakouttrading
META - Lots of room to move! Don't miss your chance againMETA is showing some extremely bullish signs and at the very least you can see that from all the bullish volume stepping in yesterday at the bottom of our orange range. That is confirmation for me that if we activate orange strong buying (which we did), we can expect a retest and soon breakout of this orange very tapered buying channel.
Lots of profits to be made here - look for an opportunity with a retest and some structure to grab all the left shoulder liquidity we've built for this move up.
See you at market open!
Happy Trading :)
META - How I caught the entirety of today's 8 point move!We discussed this to look out for in last night's video analysis on META (please watch that video linked below if you haven't so you can start to see what I'm seeing!!). So much profit was to be made today on this stock from the initial rejection of green (knowing we needed to build more liquidity) down to the retest of teal and support from orange tapered buying (the bottom of our recent range).
Stay tuned for more analysis so that you can learn this skill! It's incredible what we can do in the market once we start to see these algorithms at work!
Hope you all had a great day as well and looking forward to another profitable trading day tomorrow!
Happy Trading :)
AUDNZDAUDNZD has formed double bottom with strong bullish divergence and bulls have shown the bullish reaction as well and has given the breakout of 1.0620 level with massive buying.
Currently the price is facing strong resistance around 1.0695 region but seems like bulls will break through it.
if this breakout happens the next optimum target will be 1.0810.
TIAUSDT - POTENTIAL SETUPTIAUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs on higher TF.
currently the market is retracing a bit after last HH on daily, if the market successfully sustain this bullish confluence the next leg high could go for new HH.
we will enter at 17.8871
KSS - Update to my breakout video - We are already seeing it!Update here to my previous KSS video titled "KSS - Primed for a breakout!" Go and watch that if you haven't to understand why i've been preparing for this.
This is all happening prior to earnings release in a few weeks and with a ton of buying volume coming in, I am very happy to see it!
My projection is a retest of our daily tapered purple channel (which has been resistance for a long time now) and, utilizing all the liquidity that's been built up, breaking out with strong earnings.
Obviously fundamentals and bad earnings can cause any TA to be void - but TA wise, this is one of my most confident positions.
Look forward to seeing you all on my livestream at market open today!
Happy Trading :)
DVN - Live analysis and why we could see a reversal soonSomeone asked me for my thoughts on DVN and I thought it would be a good opportunity to do a live analysis of how I get my charts to look the way they do (messy).
The further you go down in timeframe, the more algorithms you start to see and create. But here is an initial Daily bias to go on - and look to see some of these long-term selling channels broken in order to see a larger move and sustained uptrend.
Happy Trading :)
IFB: A 5+ year breakout candidate IFB : this would be the third breakout attempt in last 5 -6 years
Stock is in strong uptrend and the strength seemingly suggest a strong upmove likely in short to medium term perspective
stock is up by almost 50% in two months suggest the strength and outperformance
support at 1270-1240 area while with the intensity of this breakout in consideration , can test 1870-1990 and 2130 in next few months
ARKM/USDT Confirmed breakout for Long entryBINANCE:ARKMUSDT The 1D chart clearly shows that ARKMUSDT has closed above the bullish candlestick breack the current breack trendline. Often the price can come back to retest the trendline. Otherwise it may go higher till 0.9000$.
ARKMUSDT LONG
Leverage: 3x
Entries: $0.6048
Take profit 1: $0.6402
Take profit 2: $0.6998
Take profit 3: $0.9006
Stop Loss: $0.4785
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced.
XAU - Are we about to break a 4-year resistance point?! Next stop could potentially be.. the moon?
Not sure if it's beginners luck or I have the magic touch - but are we about to see the first breakout of this blue horizontal channel going back to 2020?! This is my first time analyzing and really even looking at a chart of Gold and I'm psyched! I'd be honored to be a part of this breakout.
Special shout out to our friend Mohibullahstudent who, during my live stream today, persistently requested I cover Gold and though I was busy trading equities in a fast paced market, I did "promise" him I would do an analysis of Gold later on.. so this one's for you!
Now that I'm officially a "gold trader" I will continue to analyze this PA as it develops and especially if are able to break out of our teal controlled selling and retest the upper channel to continue to shake out sellers for the all important breakout.
Thanks to everyone who joined the live stream today, we had a lot of fun, and hope to see you all again tomorrow at 9:30 AM for another live stream where we will be trading and analyzing charts together.
Happy Trading :)
COIN - Lots of profits to be made - beautiful algo confluenceThis can break out of our controlled selling algorithms any day - especially as we started to see sell-side tapering via our teal algorithm on Friday.
Look for Yellow strong buying channel to activate and break us out of the magenta/purple/teal algorithms which will lead us to a retest of highs at the $180-$185 level.
We will be trading this today live on the stream if the opportunity presents itself - we have some clear levels and things we're looking out for and we don't want to miss this one.
See you there!
Happy Trading :)
INDO COUNT technical breakout on weekly chart A breakout on weekly chart denotes strength it suggest the CONTINUATION IN THE CURRENT MOVE
if one refer the charts ,
as shown by arrows , volume witnessed a great rise and price followed a strong move along with the same
THE stock likely to show higher areas
its trading well above key average areas and with strength in RSI
support at 310-290 zones and with stop below these CAN test 370-400 in 6 months