Get started

Breakouttrading

#BNXUSDT - Expecting price decline📉 SHORT BYBIT:BNXUSDT.P from $0.4377 🛡 Stop Loss: $0.4502 ⏱ 1H Timeframe ✅ Overview: ➡️ BYBIT:BNXUSDT.P experienced a sharp pump, but after reaching $0.4735, signs of buyer exhaustion appeared. ➡️ The $0.4377 level now acts as a key resistance area. If the price fails to hold above it, a downward move is expected. ➡️ POC at $0.3045 confirms a high-liquidity zone, which could serve as a deeper retracement target. ➡️ High volume on recent candles suggests profit-taking by buyers, increasing the probability of a decline. ⚡ Plan: ➡️ Enter SHORT from $0.4377 if the price confirms rejection at resistance. ➡️ Risk management through Stop-Loss at $0.4502, above key selling pressure. 🎯 TP Targets: 💎 TP1: $0.3941 — first profit-taking level. 🔥 TP2: $0.3600 — next major support zone. 🚀 BYBIT:BNXUSDT.P Expecting a reversal and price decline! 📢 After a sharp price surge, BYBIT:BNXUSDT.P is showing weakness around $0.4377. It’s crucial to monitor this level for potential rejection. 📢 If the price breaks below $0.3941, further downside movement is likely, targeting $0.3600. However, if the price climbs above $0.4502, the short scenario could be invalidated.
BShort
by MoriartyTrading
1
#ONDOUSDT expecting further upside📉 LONG BYBIT:ONDOUSDT.P from $1.4891 🛡 Stop Loss: $1.4667 ✅ Overview: ➡️ BYBIT:ONDOUSDT.P is trading in a consolidation range, forming a local support level around $1.3705. ➡️ POC (Point of Control) is at $1.3631 , indicating the area with the highest trading volume. ➡️ The price has broken a resistance zone and is now testing it as support, which could be a long entry signal. ➡️ If the asset holds above $1.4048, an upward move towards the next resistance levels is likely. ⚡ Plan: ➡️ Entering a long position at $1.4891 after confirming a hold above the key level of $1.4048. ➡️ Stop-loss is set at $1.4667 , below the recent support zone. ➡️ Expecting a bullish push with a target of $1.5699. 🎯 TP Targets: 💎 TP 1: $1.5699 – the first target level where partial profit-taking is recommended. 💎 TP 2: $1.6000 📢 BYBIT:ONDOUSDT.P shows signs of potential growth, but it’s crucial to monitor the $1.4048 level – a breakdown below could lead to further decline. 📢 Volume remains at an average level, indicating possible position accumulation before a move. 📢 To confirm a strong uptrend, price must hold above $1.4891 and successfully test the $1.5699 resistance level. 🚀 BYBIT:ONDOUSDT.P is shaping a bullish scenario — expecting a breakout and further upside!
Long
by MoriartyTrading
Ethereum - We Will See This Breakout!Ethereum ( CRYPTO:ETHUSD ) is ready to catch up: Click chart above to see the detailed analysis👆🏻 For the past couple of months, Ethereum has been retesting the previous all time high resistance and was actually not able to break it. However, following the rising channel pattern, the bullish break and retest and price action, the breakout is about to happen. Levels to watch: $4.000 Keep your long term vision, Philip (BasicTrading)
CRYPTO:ETHUSDLong
by basictradingtv
47
$NASDAQ:RGTI 57% Upside: Consolidation Breakout WatchNASDAQ:RGTI has been in a consolidation pattern for the past ~11 trading days. Creating a nice volume shelf of support. It continues to bump up to the line of resistance, but hasn't broken through. Here's the trade: Conditions: The stock price closes above the line of resistance ($13.98) Volume is relatively higher than recent bars (a spike) Squeeze is firing indicating a positive release (light blue bars) MACD has signaled a buy Williams %R continues to ascend, preferably into the upper 20% Entry: Anything above the 13.98 close. Price Target: $22.00 - 57% above the resistance line. Note: There may be some resistance and pullback when trying to cross $17 and $20 Caution! Quantum computing stocks have been volatile, so pay attention!
NASDAQ:RGTILong
by dzygadlo
2
Gold Struggles at Trendline Resistance: What’s Next?Gold Weekly Analysis Trendline Resistance: Gold's price has repeatedly struggled to break above the rising trendline, signaling strong resistance in this area. Support Zone Strength: The previous resistance zone has flipped into a solid support level, providing a safety net for any pullbacks. Next Move: A breakout above the trendline could trigger a strong bullish continuation. A rejection here may lead to a pullback, with support near $2,387 acting as the critical level to monitor.
TVC:GOLDLong
by unichartz
Gold (XAU/USD) Surges Past 50% FIB – Is $2,000 Next? 📌 Key Breakthrough in Gold! Gold (XAU/USD) has just blasted through the 50% Fibonacci retracement level, a critical discount zone where buyers historically step in. This breakout has triggered a wave of bullish momentum, pushing price towards key resistance levels. 🔎 Technical Breakdown: ✅ 50% FIB Breakout: Price has cleared this key retracement level, signaling strong buyer demand. ✅ Key Resistance Ahead: The $2,765 zone remains the next major hurdle—a breakout here could accelerate price toward $2,825. ✅ Support Zone: The $2,745 level serves as immediate support, acting as a potential pullback area. ✅ RSI Overbought? The RSI is approaching overbought conditions, meaning a short-term consolidation could occur. ✅ MACD Crossover Incoming? A bullish MACD crossover is forming, reinforcing the upward momentum. ⚡ What’s Next? If gold holds above the 50% FIB level and breaks $2,765. with strong volume, a push toward $2,825+ could be in play. However, failure to hold this breakout could trigger a pullback to $2.700 or lower. 📊 Will gold continue its bullish run, or is a pullback incoming? Drop your thoughts below! 👇 🚨 This is not financial advice. Always do your own research before making trading decisions.
FOREXCOM:XAUUSDLong
by ProcessAndIntercept
Nice and simple Breakout on high relative strengthFTDR is a pattern breakout . Even with the S&P falling more sharply and the NASDAQ rallying, FTDR is able to breakout from a base today on good, rising volume. A breakout under these market conditions shows high relative strength. The fundamentals also look good. EPS increased significantly by almost 50% in each of the last four quarters. The homebuilding sector has been stronger in recent months, although the Fed's decisions this week may have a greater impact here. True leader! I'll buy it.
NASDAQ:FTDRLong
by Ichimoku-Trading
GBP/JPY Tests Resistance Zone: Breakout or Rejection?GBP/JPY Analysis: Trendline Support: The price is forming higher lows (HL), with the trendline providing strong support, maintaining a bullish structure. Resistance Zone : A key resistance zone between 197 and 199.5 has caused multiple rejections (1, 2, 3), indicating a strong supply area. Next Move: If the price retests the resistance zone and faces rejection, it may form HL5 near the trendline before another potential breakout.
Long
by unichartz
Boeing is ready for next leg up to $200On December 10, 2024, we had a look at the weekly chart of NYSE:BA Boeing and it was a very good opportunity to get into this stock. Since then, we made over 20% in under one month. After consolidating for nearly three weeks, we may have another chance to get in for the next leg up to $200. The only thing to worry about are the earnings on January 28. Those could have a huge impact on the stock price, but chances are the impact will be positive. Since 2024 was a very challenging year for Boeing with lower net orders booked compared to Airbus the comparisons are much easier to beat than it is for Airbus. Boeing experienced a decline in various metrics last year. The company recorded 569 gross orders, representing a 61% decrease compared to the previous year. Cancellations increased by 50 units, mainly due to the anticipated cancellation of 135 jets ordered by Jet Airways. Net orders fell by 71% to 377 orders, and the net order value also decreased by 71% to $33 billion. This reduction in orders is attributed to the uncertainty surrounding Boeing's production schedule, which makes it less attractive for airplane orders. Deliveries fell by 34% to 348, and the delivery value decreased by 35% to $26.1 billion due to the grounding of the Boeing 737 MAX 9 and a subsequent strike. If we assume no further crashes or problems with Boeing aircrafts the numbers are easier to beat, and we come from a very low base. In addition, most analysts are quite conservative right now. Looking at the technical setup we just bounced from the 0.382 fib from the current upward movement. Below the fib we have another support at around $160 as well as a resistance at $200 with an open gap. Assuming no surprises during the earnings we’re up for another leg up to $200 (15% ROI). Target Zones $198-200 Support Zones $165 $160
NYSE:BALong
by LGNDRY-Capital
1
Ascending Triangle on the Daily for GME!Alright folks, brace yourselves for another electrifying update on the saga of GME! Since our last rendezvous, we've witnessed the impressive cup and handle pattern and the striking inverse head and shoulders breakout. But that was just the beginning. After our latest dip, in tune with the broader market's downturn, we've now sculpted an absolute monster of an Ascending Triangle on the daily chart, also visible even on the 4-hour. Using the trend-based Fibonacci extension, the golden pocket awaits us at $37.09, with the next pocket above that at $52.58. Adding to the excitement, we've got the Bull Flag breaking out on the weekly chart and the golden cross appearing on both the weekly and daily charts. Not to forget the substantial cup and handle formation on the hourly chart. Hourly Chart : Cup and Handle: This pattern is setting the stage for potential bullish movement. 4-Hour Chart: Ascending Triangle: Reinforces the pattern seen on the daily chart, confirming the bullish setup. Daily Chart: Ascending Triangle: Visible on both the daily and 4-hour charts, suggesting an imminent breakout. Weekly: Golden Cross: This crossover indicates long-term bullish momentum. Bull Flag: This continuation pattern indicates that the existing uptrend is likely to continue. All signs point to an explosive few months ahead for GME, with multiple breakouts on the horizon. Stay tuned, because the next chapter of this epic journey is about to unfold
NYSE:GMELong
by impossiblebull
$NASDAQ:AEHR Breaking out of a triangle patternNASDAQ:AEHR is breaking out of a triangle pattern with positive news and earning coming. Things to consider: Earnings - Monday 1/13, they've been posting wins quarter after quarter, and I suspect this quarter will be no different. I'd expect a positive boost for the stock price. News - They've made recent announcement about new product offerings which will help increase their revenue stream. See: www.tradingview.com www.tradingview.com Entry Point: Current Price ~$17/$18 Stop Loss Target: Since the stock appears to be in an upward trajectory, setting a close stop loss should be ok something like $15/16. That would mean the price starting dropping back below the breakout point. Price Target: $35.99 Back Story: I have a love/hate relationship with AEHR, it was one of my first big wins in trading stocks - It was my first pennant pattern that I bought ~$6. I then continued taking profits and looking for new entry points. I bought low, sold high (rinse and repeat) and finally got burned by not selling when it hit ~$50's! Lesson learned... Stocks do come crashing down, take profits and accept losses.
NASDAQ:AEHRLong
by dzygadlo
7
Breakout Trading Mastery: Unlocking Explosive Market MovesHave you ever entered a trade just to watch the market move sideways, leaving you stuck in indecision? Or perhaps you've missed out on massive moves because you hesitated to act? These scenarios are common struggles for traders navigating volatile markets. Understanding breakout trading could be the key to overcoming these challenges and capturing significant price movements. Breakout trading is a powerful strategy that focuses on entering trades when the price breaks through established support or resistance levels. This method leverages momentum, aiming to catch substantial market moves early. Whether you're a beginner seeking structure or an advanced trader looking to refine your edge, mastering breakout strategies can significantly enhance your trading performance. A. The Psychological Side of Breakout Trading 🧠 Fear of Missing Out (FOMO): Traders often jump into breakouts late due to FOMO, leading to poor entries. Recognizing this emotion and setting predefined entry rules can mitigate this issue. False Breakouts and Doubt: Experiencing a false breakout can shake a trader's confidence. Understanding that not every breakout will succeed is crucial for long-term success. Overconfidence After Wins: A successful breakout trade may lead to overtrading. Staying disciplined and sticking to your strategy prevents emotional decision-making. Tip :📝 Keep a trading journal to track your emotions and decisions during breakout trades. This practice helps identify patterns in your behavior. B. Breakout Strategies and Tools 🛠️ 1-Identifying Key Levels 🔑: -Support and resistance zones, trendlines, and chart patterns (e.g., triangles, flags) are prime breakout areas. -Use higher timeframes (4H, Daily) to validate significant levels. 2-Volume Confirmation 📈: -Breakouts accompanied by high volume tend to be more reliable. -Tools like the Volume Profile and On-Balance Volume (OBV) can provide confirmation. 3-Entry and Exit Techniques 🎯: Aggressive Entry: Enter immediately after the breakout with tight stop-loss placement. Conservative Entry: Wait for a retest of the broken level before entering. Stop-Loss : You can place your stop-loss just below/above the breakout level or use ATR (Average True Range) for dynamic stops. Alternatively, position your stop-loss below/above the previous swing high/low based on Dow Theory. If your trigger is a candlestick pattern like an indecision candle, consider setting the stop below its shadow. You can also place it below the breakout box you've identified. The key is to backtest each method and choose the one that best suits your trading style and market conditions. 4-Risk Management ⚖️: -I recommend risking a maximum of 1% per trade, though this can be adjusted based on your individual risk tolerance. -Aim for a minimum Risk-Reward Ratio (R:R) of 1:2 to ensure trades are worth taking. Tip : 📊 Combine breakout strategies with momentum indicators like RSI for stronger confirmation. C. Lessons from Real-World Trading 📚 Case Study:GRTUSDT 3/Jan/25 Breakout 💡 Practical Application 🛠️: Start by backtesting breakout strategies on historical data. Apply strategies on demo accounts or with small capital to build confidence. Adjust and refine entry and exit rules based on performance. Tip: ⏳ Not every breakout leads to a trend; be patient and selective with trades. Breakout trading offers a strategic edge when executed with discipline and proper analysis. By understanding market psychology, applying robust strategies, and managing risk effectively, you can position yourself to capitalize on powerful market moves. 🚀Ready to refine your breakout strategy? Start identifying key levels today and share your insights in the comments below! I'm Skeptic , dedicated to providing clear and unbiased trading insights. Let's navigate the markets together and achieve consistent growth! ✍️
Education
by SkepticWise
1