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Channel-break

VEDL-HOURLY/DAILY-AT SUPPORT LEVELSNSE:VEDL Stock is consolidating between 275-285 from past a month. From past few days (Last week of June) The stock is getting seller pressure however it is not able to close below 275. It’s a sign of strength that buyers are defending this level. Today Stock has shown a bullish hammer around the support level. It’s good time to go long with Small SL. SL 273-274 , Target would be as per the risk reward. This is only for educational purpose, please manage your risk accordingly.
NSE:VEDLLong
by Rushikesh_09
📉💥BTC 2h Short Position 💥📈BINANCE:BTCUSDT COINBASE:BTCUSD Price broke the rising channel after the Jackson Hole symposium. BTC moving in a direction that may soon see lower price levels. You can enter a short position between now and the yellow area. If the price falls and reaches the risk-free level, you can risk-free the position. TP 1 and 2 are on the chart. The optimum stop-loss is above the determined line. Please share ideas and leave a comment, let me know what's your idea. CrazyS
Short
by CrazyS
Should you buy Futu Holdings Ltd stock? 💰💥We are not surprised by the recent downward movement, as the company reported a record net loss in the first quarter, and the U.S. is tightening regulations on Asian companies, which does not help matters.💥 The company has not performed well in the last three months, so the stock has lost more than 20% since the beginning of the quarter, and investors are concerned that this is the first time the company has made a mistake and is looking at an even bigger drop We disagree with investors, we think that despite the poor results and a rather bearish share price, Futu Holdings Limited will manage to recover faster than anyone thinks. Here's why we think so: ✅ FUTU has high-quality earnings. ✅ FUTU has become profitable over the past 5 years, with earnings growth of 76.2% per year. ✅ FUTU's earnings growth over the past year (112%) has outpaced the capital markets sector by 62.5%. ✅ FUTU has more cash than total debt. ✅ FUTU's debt to equity ratio has fallen from 139.5% to 51.6% over the past five years. ✅ FUTU's debt is well covered by cash flow from operations (55.5%). ✅ FUTU's management team is seasoned and experienced (average tenure of 5.2 years). ✅ Shareholders have not experienced significant dilution in the past year.
NASDAQ:FUTULong
by Absconse
WILL USDT.D REJECT ??Hello !! Welcome to the quick update of USDT.D. It is currently, moving inside a channel and may soon get rejected from 4.80. It has been rejected multiple times from the trend line as shown in the chart. This will be the 5th time it is going to get rejected and if it happens we may see a green market. The altcoins may pump around 10 to 15 % if it gets rejected. USDT.D and BTC go in the opposite direction. If USDT.D gets rejected, BTC will soon see a pump until the first resistance of 39300 then 40800 along with a rally in the altcoins as well. On the other hand, I can see a Cup and Handle pattern and if USDT.D breaks this pattern and retests, then BTC will break 38200 mark and we may see 37000 levels and also 33000 if the worst happens. Let's wait for the right time to enter any trade and wait for confirmations rather than speculations. This is not financial advice, please do your own research before investing and we are not responsible for any of your losses or profits. Please like and share and comment on this idea if you liked it.
CRYPTOCAP:USDT.DShort
by ScramblerG
AAVEUSDT is trying to have a breakout!The price is creating a descending channel after the breakout from the falling wedge as I told you on my previous idea On the daily timeframe the price is testing the key level on 150$ and the market is trying to protect the low. On the 4h timeframe the price got a rejection from the daily resistance on 175$ How to approach? The price needs to have a new breakout from the 4h dynamic resistance and daily resistance. the next valid key level is 190$. According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
8
AUDJPY: channel breakoutHello everyone Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it ! AUDJPY : the price braked a neat parallel channel and I expect further bearish movement. please note how the price moved in the ascending channel that shows weakness of buyers. Our first target is shown on the chart (support zone). please remember any analysis can be failed. so, manage your risk and respect your stop loss.
Short
by niktraders
BTCUSD - D1 - WARNING - POTENTIAL DOUBLE TOP IN PROGRESS !!!Good morning, today we are going to look at the daily picture. Being in a broad uptrend channel (in green) since the lows (double bottom around 29'000), the BTCUSD, from, its recent upside breakout of the clouds is currently in a more steeper uptrend channel; in making, yesterday, an intraday high @ 55'800 (acceleration triggered by the breakout of the former high @ 52'810). Interesting to note that recent and current price action is showing the formation of a potential double top pattern !! Upcoming D1 closing levels should then, be watched very carefully as, currently, the BTC/USD is, also, attempting to breakout the upside of the new uptrend channel (in orange), which recently took place. As long, as the BTCUSD, stays and hold sustainably above 53'433 on a daily closing basis, the picture will remain OK in supporting the ongoing upside move and will open the door for higher levels towards 58'000/58500 (cluster 2 channels resistances !) On the other hand, a failure to do it would be the first warning signal of a reversal (Dark cloud cover); stronger bearish signal would be given by a breakout of the 51'500 (Bearish engulfing pattern). Looking briefly to the weekly picture, the upside breakout of the downtrend line resistance is in progress and should be confirmed by the next weekly closing level in the next couple of days and last but not least also validated by the lagging span which also should breakout the 60'000 area (former weekly closing level) CONCLUSION : As always, I strongly suggest to monitor closely, shorter intraday time frames which will help you to detect early signal (s) from the very short term pictures which, of course, should be validated by higher time unit !!! Have a great day. All the best. Take care Ironman8848
BITSTAMP:BTCUSD
by Ironman8848
3
USDCHF - Intraday Idea - Break of ChannelHi Traders! The market is ranging. Key Areas: Resistance @ 0.95253 weak Resistance @ 0.94881 Support @ 0.94103 Parallel Channel - descending, active Category: - Intraday Idea - Shortterm Trading - Catching Small Movement - Break of Channel Description: The market in not in a Trend, so we can either Buy or Sell. As you can see the market is moving between some Key Areas; these are the Support and Resisitance Levels in blue. It was moving down (first arrow), than up (second Arrow), than down again (last Arrow). Now it is still in the Down-Movement. The Down-Movement is in the pattern of a Parallel Channel. The Trading Trigger is the bullish Break of the Channel. We only want to catch a small movement, that's why we set our TP at the next weak Resistance. The SL is under the blue Support. We recommend to trade the Breakout on a closed candle. Thanks and successful Trading :)!
by swissmoneymakers