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Channelbreakoutstrategy

MITSUBISHI HEAVY INDUSTRIES _Channel Target Reached +310% PROFITMITSUBISHI HEAVY INDUSTRIES, last 16 years Consolidated or Side Waves from July 2007 to May 2023. This side waves formed like a Channel Pattern. Which means, market price range between Two Parallel lines. Connect these up's and downs respectively (1,3,5) and (2,4). In 5th point market Breakout above the Channel Pattern, so hereafter market expect significantly Wild movement in Uptrend. And Channel Width is the Target Size. So if you Buy and hold in May 2023, then Sell in July 2024. We got the 243 % PROFIT within 14 months only. This is one of better opportunity Trade in Stock Market by using Patterns Technique. One more Target inside this Channel Pattern. Falling Channel Pattern formed inside this Channel. It connect (a,c,e) and (b,d). In March 2022 Breakout & Buy in point of 'e', Sell in June 2022. Got the 66 % PROFIT. So TOTALLY 310% PROFIT within 29 months in this Stock only. For example if you are invested 10 Lakhs, then you would have received 30.10 Lakhs PROFIT.
TSE:7011
by SasikumarMani
USAU Gold Penny Stock with impeding EarningsUSAU has been in an ascending channel on the 30-minute chart with the rise in spot and future gold prices. With earnings coming in the next day, price broke out of the channel the top line of which is now supported albeit without a retest. The relative volume indicator shows in 3-4X volume surge in the past week while the RSI level is now up from 50 to 75-80. I see this as an earnings play with a stop loss just below the upper channel line at 3.75 and a target of 4.5 and 4.75 for a good reward-to-risk ratio. This is a quick swing trade earnings play to compliment my much larger long-duration swing trade in GDXJ. While an expected earnings beat is probably baked into the price I am betting that the beat will be significant and will keep price momentum intact.
NASDAQ:USAULong
by AwesomeAvani
1
GBP/CAD Weekly Analysis - Potential Retest of Upper ChannelWelcome to our weekly GBP/CAD analysis In this post, we'll provide you with a comprehensive outlook for the GBP/CAD currency pair for the upcoming trading week, highlighting the recent upper channel breakout and the potential retest scenario. 📈 Key Weekly Analysis Points: - Upper Channel Breakout: We'll discuss the implications of the recent breakout from the upper channel and its significance for GBP/CAD traders. - Robust Support Zone: Explore the strong support zone that could influence price action during the anticipated retest. - Key Resistance Levels: Assess the critical resistance levels that may present challenges for GBP/CAD bulls. - Trade Strategies: Get insights into potential trading strategies and setups for the week ahead. If you're a trader or investor interested in GBP/CAD, this post offers valuable insights to help you navigate the markets effectively on TradingView. Please remember to follow us for regular updates and analysis. Feel free to share your thoughts and questions in the comments section below. We value your feedback and interaction! #GBPCADAnalysis #ForexAnalysis #WeeklyAnalysis #ChannelBreakout #SupportResistance #TradingViewAnalysis #ForexTrading #CurrencyPair #GBPvsCAD #TradingStrategies #TechnicalIndicators #ForexInsights #ForexEducation #ChartAnalysis #ForexOutlook #TradingIdeas #GBPCADRetest #ForexStrategy #TradingTips #ForexMarketAnalysis Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. Always conduct your research and consult with a financial advisor before making any trading decisions. Trading involves risks, and it's crucial to manage them wisely.
Long
by Forex_Int
NZD/USD Analysis - Strong Support Rejection and BreakoutWelcome to our NZD/USD analysis video! In this episode, we'll be diving into an exciting trading opportunity in the NZD/USD pair, marked by a robust support rejection and a breakout from the channel. Let's explore the potential ahead! 📈 Key Analysis Points: Strong Support Rejection: Discover the significance of the recent strong support rejection and what it means for NZD/USD traders. Channel Breakout: We'll analyze the breakout from the channel and the implications it has for the pair's direction. Targeting Next Resistance: Learn about the potential price levels to watch for as NZD/USD aims for its next resistance area. Trade Setup: Get insights into potential entry and exit points for traders interested in this exciting opportunity. If you're a forex trader or investor keeping an eye on NZD/USD, this video offers valuable insights for your trading decisions. Don't forget to like this video, subscribe to our channel, and hit the notification bell to stay updated on our latest forex analysis videos. Feel free to share your thoughts and questions in the comments section below. Your feedback is highly appreciated! Disclaimer: This analysis is for educational purposes only and should not be considered as financial advice. Always conduct your research and consult with a financial advisor before making any trading decisions. Trading involves risks, and it's essential to manage them wisely.
Long
by Forex_Int
2
ETH/USD: new update!!!Ethereum forming a bearish flag channl and we make this break out right now. Also, as I keep this trade since Friday, April 15, 2022. I'm still in shorting Ethereum. Also to make a new update, I will extend my target toward $2,830 USD approx to get my benefit in that zone. Also, this it's my H4 timeframe analsysi and we're in this bearish channel. As the price made movement to the upside, I don't decide to closed up my short in Ethereum but that was so almost that the price touch my SL to $3,096 USD, But waiting I become patience in that trade. But, we're in profit in Ethereum and show us good entry to entry around #3,060 USD to short, but don't pass nothing, at least for me I keep this short. So, my target will be now $2,830 USD!!! Good luck!!!
COINBASE:ETHUSDShort
by harisonhbn9718