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Breakouttrading

NIFTY will breakout on the upside or downside soonRectangle Pattern Breakout - NSE:NIFTY is trading inside a rectangle pattern and will break out of the pattern anytime either upwards or downwards Rectangle on 5-min Timeframe - Above is the nifty chart on 5-min timeframe which more clearly shows that nifty is trading inside a perfect formed rectangle pattern Strong Resistance Level - Above is another image of nifty on 5-min timeframe indicating how the lower line of the rectangle had been tested 3 times already (including once yesterday) indicating the strength of the pattern Target - target will be 95 points away from the place where the market breaks out on the rectangle. Upside or downside breakout both seem equally probable at this point.
NSE:NIFTY
by peace_lover
1
PBI ready for a huge breakout to 12 and 16+This chart reflects a pivotal moment for PBI . A breakout above the $8.79 resistance and the downward trendline would be a strong bullish signal , with the potential to rally toward $9.92 and 12.11 and $16.06 in the mid-term. However, failure to break this level could result in consolidation or a retest of lower support zones. Monitoring volume and momentum indicators will be critical to confirm the breakout. W patterns are typically confirmed with a surge in volume as price breaks above the neckline. The W pattern sits within a falling wedge, meaning a breakout of the wedge would likely align with the W pattern's neckline breakout. This strengthens the bullish case. There appears to be a "W pattern" (Double Bottom) forming within the larger falling wedge. Characteristics of the W Pattern: Two Distinct Bottoms: The chart shows two prominent lows, one earlier and another more recent, which form the "legs" of the W. This indicates the price found strong support at similar levels. Middle Resistance Level: The middle peak between the two bottoms is near $8.79. A breakout above this level would confirm the W pattern, signaling bullish momentum. Neckline Confirmation: The neckline of this W pattern coincides with the $8.79 resistance level. If price breaks above this zone with volume, the pattern would complete, leading to an upward price move. Target: Target=Neckline+(Neckline−LowestBottom) In this case: Neckline = $8.79 Lowest Bottom = $5.47 Projected Target = $8.79 + ($8.79 - $5.47) ≈ $12.11.
NYSE:PBILong
by EssieQuantumTrader
CRM potential Breakout to 424+CRM is setting up for a classic bullish breakout trade, showing multiple strong technical patterns that align with a high-probability long setup. The short-term moving average has crossed above the long-term moving average, a strong bullish signal indicating sustained momentum. CRM has shown strong bullish momentum, confirmed by multiple technical patterns. Look for increased volume on the breakout above $348 to confirm the move. The trade offers an attractive risk-to-reward ratio of at least 1:3, depending on the stop placement. Ascending Triangle Higher lows are forming as buyers step in at increasing levels, while resistance remains flat at $348. This shows accumulation and strong bullish sentiment. Breakout Target: $348 + $76 = $424 Targets: First Target: $ 400 (psychological level). Final Target: $ 424 Trail stops once the first target is hit to lock in profits. I will enter this week a position (options) and will update this post accordingly.
NYSE:CRMLong
by EssieQuantumTrader
FILUSDT in our watchlist, Weekly Breakout ICT Long setup!👋Hello Traders, Our 🖥️ AI system detected that there is a H4 or higher timeframe ICT Long setup in FILUSDT for swing trade (a couple of weeks) Here is a swing trade idea (since it is near support surface, we should use small lot size) Please refer to the details Stop loss, Buy Zone,open for take profit. We are waiting for next Long setup after price discount in coming days. Crypto is highly risky, please do your own research on that coin before trading. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!
Long
by ICT_Trader_SB
PAIN REFORM Breakout Trade in Action!PAIN REFORM Trade Details: A breakout in Pain Reform on the daily timeframe offers a promising long trade setup using the Risological swing trading indicator . Entry levels have been clearly identified, and the stock shows strong bullish momentum as it heads towards its profit targets. Key Levels: Entry: 1.32 Stop Loss (SL): 0.88 Take Profit Targets: TP1: 1.88 TP2: 2.77 TP3: 3.66 TP4: 4.21 PAIN REFORM Analysis: The chart signals a strong trend reversal, with the breakout confirming bullish sentiment. The risk-to-reward ratio appears favorable for this trade setup, and the stock is poised for further gains as it moves towards higher targets. Outlook: Monitor closely for momentum follow-through. With a robust breakout, the targets look achievable given sustained market interest and volume spikes. Stay disciplined with stops to lock in profits!
NASDAQ:PRFXLong
by ProfitsNinja
Aclaris Rockets 300%, Smashes Targets!ACRIS (1D TF): Targets Smashed with 300% Gains! Trade Details: The long trade setup on the daily timeframe has exceeded expectations, blasting past all profit targets using the Risological Trading Indicator . The stock has delivered an impressive 300% gain, outperforming initial forecasts. Key Levels: Entry: 1.20 Stop Loss (SL): 1.16 Take Profit Targets: TP1: 1.25 ✅ TP2: 1.32 ✅ TP3: 1.40 ✅ TP4: 1.45 ✅ Analysis: This massive rally showcases strong bullish momentum, driven by high market interest. With such a breakout, Aclaris demonstrates its potential as a high-performing asset. Outlook: Momentum traders can consider monitoring for retracements or further bullish setups. A stellar move like this reinforces the power of spotting trends early!
NASDAQ:ACRSLong
by ProfitsNinja
United Spirits Ltd. (NSE: MCDOWELL-N) - Technical AnalysisKey Observations: 1️⃣ Bullish RSI Divergence: The RSI indicates a bullish divergence, suggesting potential reversal or upside momentum. 2️⃣ Breakout from Descending Channel: After a period of consolidation within the descending channel, the stock has broken out, supported by improving momentum. 3️⃣ Volume Profile Support: Strong accumulation zone observed between ₹1,440-₹1,490, indicating demand at these levels. 4️⃣ Fibonacci Levels: Resistance levels are identified at ₹1,491, ₹1,541, ₹1,591, and ₹1,634 based on Fibonacci retracements. 5️⃣ Moving Averages: The stock is trading above key short-term moving averages, reinforcing the positive trend. Trading Strategy: 🚀 For Long Positions: Entry Zone: ₹1,440–₹1,460 (if price sustains above breakout level). Targets: ₹1,491, ₹1,541, ₹1,591. S top-Loss: ₹1,430 (below support zone). ⚠️ Risk Management: If the stock re-enters the descending channel, it could invalidate the bullish outlook. Monitor price action and volume closely. Outlook: With the RSI divergence, breakout confirmation, and strong support at ₹1,440, United Spirits Ltd. presents a promising bullish setup for short- to medium-term gains. Watch for sustained volume as the price approaches resistance levels. 💬 Your Thoughts? What’s your take on this setup? Share your views below! 🚀
NSE:UNITDSPRLong
by AngshumanSaikia
LTC the black swan?This analysis was done weeks ago and not much has changed. The channel is still valid. But, why has LTC not picked up the pace with the other tokens? BTC is flying, ETH is flying, even DOGE is in a world of it's own. But, LTC which has been one of the 'top 10' for quite some time is not seeing the elevation at all, literally not one bit. We need to see a push here on LTC for it to be considered part of the pack. OR, it's just biding it's time looking like a dead duck but actually has the highest potential of them all. Only time will tell. Follow for more.
by cryptechcapital
3
Text book bullish W-Bottom on weekly. Huge gains here. USDDKK and a Weekly chart Double-bottom which has just passed through the neckline. Look for a retrace back to neckline. On USD strength at the moment, this is sure to climb during trading today and the next several weeks. Massive RR. Thx Chris. Stupid-bloody software. Ignore the chart above. I tried to delete and overwrite but this damn software that some of us spend so much time is simply bs. Here is a 5m chart showing the breakout and a retest back on the neckline which is the red-dotted line. It may conduct a retest again or look for a fib retracement or a good ol' market order at these low levels. Be aware that Double bottom breakouts even over and beyond neckline, often retrace in a big way back underneath the neckline to push traders patience and take stops. Then price breaks out again. I can't see the above happening because this is a weekly chart firstly, plus the USD is too strong in momentum currently. Your're welcome:)
Long
by Easy_Explosive_Trading
USDPLN moves up on 4.10 & further breakout past 4.12 I took this trade Long a few moments ago. I thought whether I was getting into the trade a bit late, but I opened the Daily and Weekly charts to see that this is moving fast on the RSI momentum and its chasing 4.12 a previous key record high, which beyond breaking should launch this combo even further. This is a pair that tends to rally hard and fast, there is a bit of a buy spread usually but it moves fast to break even on the spread.
Long
by Easy_Explosive_Trading
Shipping Corp of India Ltd (SCI) - Weekly Head & Shoulders Watch🚨 Potential Head and Shoulders Pattern forming on the weekly chart, signaling a possible bearish reversal if the neckline breaks. 📊 Key Levels to Watch: Neckline Support: ₹203.32 - A weekly close below this level would confirm the pattern, potentially leading to a further decline. Right Shoulder Resistance: ₹235 - ₹270 - If the price fails to break above this zone, the bearish structure stays intact. 🎯 Target (upon breakdown): ₹177.72 - Calculated from the height of the head to the neckline. 📈 Alternative Bullish Scenario: If SCI breaks above ₹270.60, the Head and Shoulders pattern could be invalidated, potentially signaling bullish momentum towards previous highs. 📉 Indicators: RSI shows a slight uptick, but a downward trend could confirm the bearish setup. Watch for a volume spike if the price breaks the neckline, as it would strengthen the bearish case. Disclaimer: T his is not financial advice. Keep an eye on these levels and manage your risk accordingly!
NSE:SCI
by AngshumanSaikia
SWING IDEA - KEC INTLKEC International , a key player in the infrastructure sector, is presenting a swing trade opportunity with strong technical indicators. Reasons are listed below : 950 Zone Tested Multiple Times : The price has tested the 950 resistance zone multiple times, and it is now breaking out, signaling potential for an upward move. Bullish Engulfing Candle on Daily Timeframe : A bullish engulfing candle on the daily chart shows strong buying momentum, indicating a possible continuation of the upward trend. Spike in Volumes : Increased trading volume supports the breakout, confirming strong market participation and investor interest in the stock. All-Time High Close : The stock closed at an all-time high, which is a bullish signal and suggests potential for further gains. Target - 1070 Stoploss - daily close below 880 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insights
NSE:KECLong
by Visionary_Growth_Insights
Clean Chit for more than 25% POWHello, traders community, This Canadian power corporation has shown consistent revenue growth due to its expansion into renewable energy assets. Given the recent shift towards clean energy, the company is well-positioned to capitalize on new government incentives and regulatory support aimed at reducing carbon emissions. This stock has recently broken its resistance and formed support, I have taken a target of around 27% using a monthly chart. The company’s recent earnings beat consensus estimates, with a significant increase in renewable energy revenues. This trend is likely to continue as the demand for clean energy rises. Given market volatility, position sizing should be managed carefully. Aim to risk only 1-2% of your total portfolio on this trade to align with sound risk management practices.
TSX:POWLong
by fatehgarhiaharman