Nifty IT Triangle BreakoutNifty IT will be my radar for up coming sessions. Might come for retest but over all looking good for up side.
Channelbreak
GBPJPY channel breakoutHello everyone
Before we start 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 !
GBPJPY :
now, we see an obvious ascending channel breakout , we can expect upside movement.
Target:
first target is width channel above the breaking point.
stop loss :
you can place your stop loss below the strong support zone that shown in the chart.
channel breakout signals for buy GoldHello everyone
Before we start 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 !
XAUUSD :
Please first read my last analysis about gold from the link below.
I determined clusters for wave 5 using Fibonacci external retracement wave 4 and Fibonacci extension wave 3 that is shown in the chart and I expected the price reacted to one of these cluster.
the price reacted well to the first zone that coincide with reaction to the lower line of parallel channel as the bullish ending channel.
the price moves as the wave 5, at the same time we see ending channel (bullish channel).
this kind of movement and channel with wave 5 Elliot alert us for buy.
now, I get the signal for buy. the price breaks the upper line of parallel channel.
where is my stop loss?
if you buy with channel breakout, you should place your stop loss below last bottom. you can use minor or major bottom according to your strategy.
where is my target?
the hardest section is to find a target optimally.
It is better your target is not smaller than your stop loss. My target is about 1800 $.
please remember any analysis can be failed. so, manage your risk and respect your stop loss.
GOLD BIG TRIANGLE SETUPGOLD
Above is a technical view on XAUUSD and the most important zones to take in consideration.
Price has been accumulating in the 1800 zone and has yet to break it.
Furthermore, the selling pressure today looks about right on the h4 and Daily timeframe. The main goal currently is to retest the major resistance of the 1750-1760 zone.
XAUUSD is at the top of a bearish channel on the 4h chart after hitting 32 fib retracement.
On a Daily chart we have big triangle formation and we are looking for price action around to 1820-1840.
From this resistance area we can looking forward to selliing confirmation.
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AIOZ - LONG SetupNOT FINANCIAL ADVICE: This idea IMO for personal use only
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An idea for short term trade I just entered, so don't care about the utility.
Nice setup, scale out to the monthly / yearly view.
Entered: 0.96
TP1: 1.12
TP2: 2.50
As always, watch for volume, NFA, DYOR, check on-chain data. Always be watching BTC.
Good chat.🤖
USDJPY-Weekly Market Analysis-Dec21,Wk1In an unlikely scenario, I'm waiting for the USDJPY retrace back to the parallel channel touch and reverse heading towards the Bullish Shark Pattern that completes at 112.36 to provide a potential entry price for my long-term trade towards the upside.
BTCUSDT October Month Bull Overall (BTC going to 100k!).Bull Flag (End), Harmonics Pattern With Fibonacci Retracement (End), Channel (Breakout), Lead or Bump Phase (Continue) Trend Continuation Wedge (Continue), Double Bottom (continue), Inverse Head & Solder (Continue), Big Triangle (Continue)...All Pattern Exists On this chart Check Properly.
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BTC Update.....
I'm new here.....
Please check my previous IDEA. Then you can understand perfectly.
What you think about this Idea? Are you agree with me? Please let me know.
N:B: I'm not your financial adviser.
Thank you
DLTRDLTR - just got upgraded to $140 and it looks to be well on it's way on this upward trend it will be interesting to see what it does with all these inflation concerns if it will keep climbing or if it will get pulled back dramatically
Woodies CCI BreakoutThe main signal here is the Turbo CCI breakout of a major horizontal resistance. This is a strong confirmation of the continuity of the short and torm trends, which seems to coincide with the crossing of %R and RSI, signaling a breakthrough. The range of growth is visible through the linear regression in the price chart. If 345 is broken this year, we will probably see the ceiling of the linear regression provided shattered in the near future.
TSLA - Breakout- LongAs discussed in my previous idea, recommended a long position entry near 785 levels. Time to add on this breakout. we already have a 8% gain on the trade. Keep an eye on this. In case price renters channel, we look to close trade. Upside target previous high
GBPUSDIF GBPUSD TUCH 1.37605 , CAN START GO FOR 1.39200.Although IF BREAK 1.38423 It gets the price sooner.
what is your opinion?
EURUSD: Weekly Forecast 17th October2021EURUSD broke above the top of a falling channel and a supply zone at 1.1590, marking an end of the current short-term bearish trend.
The market may falling into a ranging market or reverse into a short-term bullish trend towards the top of a 5-month falling wedge.
At the same time, the dollar is retreating from its high amid the market has already priced in a Fed tapering and needs more clue towards rate hike before dollar will strengthen again.
This week, we will be focusing on buying the bullish reversal, awaiting a pullback towards 1.1570 demand level.
GRASIM nice channel breakout !!!!NOT A TIP OR CALL ONLY FOR EDUCATIONAL PURPOSE
BUY ONLY WHEN RETESTING ITS LEVEL
* Nice channel breakout
* Buy when retesting
* Good quality stock
NSE:GRASIM
Bitcoin Broke out of Parallel Channel?Very brief post here -- just drew this basic channel and was surprised how accurate it is on daily vs 30 min timeframe, so I wanted to share it. See 30 min below:
If this is something worth looking at to go by, I doubt we'd drop much further than 50k, if we drop at all.
NZDCHF LONG IDEAHey guys, on the h4 TF, this pair was trading in a channel. It broke out to the upper side then retested the upper trendline. I expect this pair to be continue wit the bullish momentum. My bias will be invalidated incase it breaks that trendline to the downside.
Happy trading.
Nazara - Channel breakoutTarget as indicated in chart.
View negative if closes below resisting trend line.
Don't invest and trade blindly.
