Breakouttrading
📈 TradingView Analysis: $APE/USDT Falling Wedge Breakout! 🚀Chart Analysis:
Pair: $APE/USDT
Timeframe: 4-Hour Chart
🔍 Technical Overview:
APE/USDT has been forming a clear falling wedge pattern.
Price has recently broken out above the upper trendline of the falling wedge.
📉 Previous Price Action:
The falling wedge has been a consistent pattern, indicating a period of consolidation.
A series of lower highs and lower lows were observed within the wedge.
🚀 Breakout Confirmation:
The recent breakout above the upper trendline suggests a potential trend reversal.
Volume confirmation during the breakout adds strength to the bullish case.
💡 Key Levels to Watch:
Resistance: The next resistance level to watch is at .
Support: The previous resistance, now turned support, is at .
📊 Indicators:
RSI: Showing signs of bullish divergence, indicating strengthening buying pressure.
MACD: Bullish crossover, signaling a potential shift in momentum.
📅 Upcoming Events:
Keep an eye on upcoming events, announcements, or catalysts that could impact the price.
🔒 Risk Management:
Set stop-loss orders to manage risk in case of unexpected price movements.
Adjust positions according to your risk tolerance and trading strategy.
📈 Conclusion:
The breakout from the falling wedge pattern suggests a potential bullish trend for $APE/USDT. However, always exercise caution and conduct thorough analysis before making trading decisions.
📣 Disclaimer:
This is not financial advice. Trading involves risk, and it's important to conduct your own research. The breakout scenario is based on technical analysis, and market conditions can change rapidly.
👥 Join the Discussion:
Share your thoughts on the $APE/USDT falling wedge breakout. What's your price target, and how are you approaching this trade?
🚀 Happy Trading! 📈✨
A Strong Reversal Breakout StockDATAPATTNS looks like it's about to turn around:
1. Moving Average Move:
- The stock is breaking through the 50-day average, suggesting a shift in its recent trend.
2. Big Volume Boost:
- Lots of people are trading it, showing a lot of interest and confidence in a possible change in direction.
3. Bouncing Back:
The stock is bouncing off a price level where it has stayed strong before.
3. Risk and Reward:
Candlestick Clue:
Keep an eye out for a special candle shape indicating a big market sentiment change. If the lowest point of that candle holds, it's a good sign.
For those starting out in stocks, DATAPATTNS seems like an interesting possibility.
Anything you need to ask? Here is me : 8800611235.
#stocks #trading #investing
Very critical area for Silver
Silver is currently at a critical juncture, and a breakout above this resistance could lead to a rapid shift in the overall market sentiment.
It's essential to note that we are analyzing a daily chart featuring a bearish channel. In the event of a bullish breakout, the price target would be the width of this daily channel. Given the high correlation between silver and gold, we may anticipate a similar behavior in gold.
Considering that both gold and silver are often considered risky assets, particularly gold, if they are poised for such a movement, it suggests there might be a significant news release providing the necessary momentum for a breakout above this crucial resistance.
However, it's crucial to remain cautious, as any breakout without substantial news support could be deemed a false breakout, potentially leading to a reversal.
24 NOV 2023 BANKNIFTY SUPPORT AND RESISTANCE LEVELSHello Guys,
Good Morning everyone,
According to the data today market is going to open a gap down
After A gap down opening if Banknifty sustains Above 43700 and takes Support from 43700 then open target for T1-43900, T2-44000,T3-44200
If the Banknifty gap down opening sustains Below 43400 and takes resistance below 43400 then the open Targets for T1-43300, T2-43200,T3-43000
Major Levels 43500,43600,43700
If the market stands in this area of 43500 to 43700 then it is possible that even today the market will remain in the range.
Hercules Hoists To Break ATH? 🚀📚❤️The stock of Hercules Hoists had ended near the RESISTANCE ZONE as of 23 Nov 2023.
However, couldn't sustain it.
So what now? We should wait for the CONFIRMATION CANDLE - which will be the candle that should close above the resistance or last high. In this case it should close above 371 on daily time frame.
I used Fibbonachi Retracement for Stoploss and Targets. See and study it for better understanding.
Aur agar kisi ko kuchh puchhna ho ya stock market ka course karna ho to aao 8800611235 par.
- TrendX Institute Of Technical Analysis
#BreakoutStock #TradingStrategies #StockMarket
New All Time Highs On Nasdaq😈Hello Traders,
My name is Philip and I am just an average stock and indices trader with over 4 years of trading experience💻
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➡️In today's video, I will analyse the Nasdaq for you🫡
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➡️Let me know your opinion about today's analysis in the comments below👇
➡️I will only enter a trading position if ALL of my trading/entry criterias are met!
Keep your long term vision!
P.S. Trading is risky and most beginner traders lose money!
CHF/JPY ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
Overbought + Breakout
🟠 EP 167.043
🔴 SL 168.309
🟢 TP1 165.828 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 164.401 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 163.246 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
LUNCUSDTLUNCUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.000088.
What you guys think of this idea?
HFTUSDTHFTUSDT was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.3575
What you guys think of this idea?
AUDUSD Expanding Triangle Pattern BreakoutWe expect further downside on this pair, signalled by the formation of an expanding triangle pattern breakout. We can also see the breakout, close and retest of the price below the key level on lower time frames, further supporting our directional basis. The trend has changed from bullish to bearish.
BluetonaFX - USOIL Descending Triangle PatternHi Traders!
The bearish price action continues on the USOIL 1D chart, and there may be possible opportunities for short entries.
Price Action 📊
The market has had lower highs and lower lows since breaking below the 3-month low and 20 EMA, creating a descending triangle pattern on the chart.
We are looking for further bearish momentum to break and close the trendline support line and continue to the downside.
Fundamental Analysis 📰
The market's outlook on USOIL is currently negative due to continuing dips in oil prices following tensions in the Middle East.
Support 📉
74.57: TRENDLINE SUPPORT
Resistance 📈
79.01: TRENDLINE RESISTANCE
Risk ⚠️
No more than 2% of your capital.
Reward 💰
At least 4% of your capital.
Please make sure to click on the like/boost button 🚀 as your support greatly helps.
Trade safely and responsibly.
BluetonaFX
**EICHERMOT - Accelerating Towards New Horizons**
📈 **Market Momentum:**
EICHERMOT is currently in the spotlight, exhibiting a compelling rise in both price and volume over the last few sessions. The stock has not only reached a new one-year high but is actively trading with substantial volume, underlining the strength of its market position. The latest tick echoes a robust price surge, further supported by strong volume, a clear indication of sustained bullish momentum.
📊 **Technical Indicators:**
The MACD/Signal line bullish crossover and its sustained nature add a robust technical confirmation to the positive market sentiment. The stock is trending up nicely, consistently achieving consecutive new highs, showcasing a compelling upward trajectory.
💡 **Breakout Confirmation:**
Evidenced by a positive breakout and a continuous upward trend, EICHERMOT is not just meeting expectations; it's exceeding them. Both daily and weekly Heikin Ashi patterns signal a bullish continuation, underscoring the potential for sustained upward movement.
📅 **Recent Performance:**
As of November 15, 2023, EICHERMOT reached a high of ₹3860, closing at ₹3848.30, further solidifying its position as a top performer. Looking back, on November 1, 2022, the stock was at ₹3889.65, and by June 2, 2023, it was at ₹3748. These levels demonstrate the stock's resilience and ability to recover and surpass previous highs.
📊 **Trade Recommendation:**
Capitalizing on this robust performance, consider going long above ₹3860, with a strategically placed stop loss below ₹3429. This trade aligns with the recent positive trend and positions traders for potential continued gains.
🚀 **Why Act Now?**
EICHERMOT is not just a stock; it's a journey towards new horizons. With a strong one-year high, positive breakout, and consistent bullish patterns, this is an opportunity to ride the upward momentum! 📈💰
#EICHERMOT #BullishTrend #StockMarketOpportunity #FinancialSuccess #TradeSmart 🚀📊
breakout Ashiana's core business model is to buy land, turn it into a residential building, and sell it. Inventories should be liquidated in a 5-7 year timeframe. Management targets projects with gross margins over 30%.
2017-year high breakout with volume
380 targets with stop loss of 170
no recommendation for buy and sell