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Consolidation-breakout

GBPUSD - See how looks the BIG PICTURE?! Hello traders, investors and community! Today i am analysing GBPUSD in the short, middle and long term! Looking on the weekly chart for a overall perspective you can see on my chart that GBPUSD made a huge sellout from october 2007 to January 2009. After this it formed a triangle from january 2009 to march 2015 which you can see in blue on my chart, this triangle broke out to the downside and formed the second sellout from march 2015 to october 2016. Now we see an interesting chart formed in the past with a second triangle. Short-term perspective: On the chart you see now that GBPUSD is just at the beginning of the C-line from the triangle (Third triangle move). On the short-term this is definitely a good possible opportunity to trade on the LONG side! Middle-term perspective: The second triangle is just in progress now. And i am expecting that it will form in the next weeks/months. The outcome of a triangle is always unsure, wether it breaks to the upside or to the downside. Normally it moves in the direction formed before, with a probability of 70 to 30. Long-term perspective: In the long run i see that GBPUSD is in an decision phase now, with a consolidation over a psychological level which will happen the next months. After this the triangle will probabily break-out, wether up or down. Normally, it should break down because GBPUSD made wo huge bear-moves before. The probability would be 70 % for this move to the downside, otherwise to the upside with a probability of 30 %. This is a good example for consolidation periods and the outcome will be interesting! The triangle can be traded on own risk, of course this is only educational and should not be used to take action in the markets! Thank you everybody for watching! Peace and love to everybody! Crypto, forex, stocks, give me anything, i will make it clear!
Long
by VincePrince
1
HCLTECH - Bullish Consolidation Breakout with VolumesNSE: HCLTECH is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:HCLTECHLong
by BrahmaBull31
KNRCON - Bullish Consolidation BreakoutNSE: KNRCON is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:KNRCONLong
by BrahmaBull31
LEMONTREE - Bullish Consolidation with VolumesNSE: LEMONTREE is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:LEMONTREELong
by BrahmaBull31
ACC - Bullish Consolidation Breakout with VolumesNSE: ACC is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 11% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:ACCLong
by BrahmaBull31
PANW Cyber SectorPalo Alto Networks is a cybersecurity company that provides advanced security solutions to organizations worldwide. I don't think they're going anywhere for a while and are very established already with multiple deals and have been on point with their financials and earnings. We're looking for a break out of the consolidating 238-240 range which already happened as im typing this. huge gap down on july 12th looking for a retest to 253. If it falls below 238 it needs to hold 236 level or will retest 232.
NASDAQ:PANW
by FinesseTheWave
Lockheed Martin Closing Gap?Lockheed martin earnings play. This stock has my interest with multiple contracts with the government and missing 1 of the last 5 earnings. Lockheed is no stranger to getting multiple contracts. A lot of constant contracts coming in with government agencies and commercial airlines. For a month it has been consolidating jun-jul and recently broke out of consolidation. coming up on earnings July 18th with price targets ranging from 498 to 579 and a strong out look from 1- 5 out of 5 its sitting at a 5 for earnings beat from Earnings whispers. Im Bullish looking for at least a gap fill at $475 Trade responsible, #TradeTheWave
NYSE:LMTLong
by FinesseTheWave
2
Home Depot - Pump to $327 incoming🐂 Trade Idea: Long - HD 🔥 Account Risk: 1.00% 📈 Recommended Product: Knockout / Option 🔍 Entry: +/- 306.27 🐿 DCA: No 😫 Stop-Loss: 284.29 (or 294.65 for aggressive trade) 🎯 Take-Profit: 327.27 (50%) 🎯 Trail Rest: Yes 🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨 If you like what you see don’t forget to leave a comment 💬 or smash that like ❤️ button! — Home Depot is in a larger uptrend since Oct. 2016 (yellow trend line) but consolidates sideways since Feb 2023 despite a take-off situation in the housing market - at least when it comes to permits. Home Depot is considered as a stock that should benefit from those situations. Technically we can see that the bottom support of the current consolidation zone (big green box) was breached only one time immediately retracing in the consolidation box with high volume. This indicates a stronger support there. Since beginning of June we now entered into a much smaller consolidation box (little green box) on the upper right corner of the bigger zone. Those multiple tests of the upper resistance and the share price remaining ever closer to resistance indicate an upward breakout. If you’re a pre break-out trader you might want to jump in with a tight stop around 294. All others should wait for daily confirmation outside the box possible at 306. Don’t forget earnings in August if you take the trade. — Disclaimer & Disclosures pursuant to §34b WpHG The trades shown here related to stocks, cryptos, commodities, ETFs and funds are always subject to risks. All texts as well as the notes and information do not constitute investment advice or recommendations. They have been taken from publicly available sources to the best of our knowledge and belief. All information provided (all thoughts, forecasts, comments, hints, advice, stop loss, take profit, etc.) are for educational and private entertainment purposes only. Nevertheless, no liability can be assumed for the correctness in each individual case. Should visitors to this site adopt the content provided as their own or follow any advice given, they act on their own responsibility.
NYSE:HDLong
by LGNDRY-Capital
NATCOPHARM - Bullish Consolidation BreakoutNSE: NATCOPHARM is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:NATCOPHARMLong
by BrahmaBull31
VGUARD - Bullish Consolidation with VolumesNSE: VGUARD is closing with a bullish consolidation candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:VGUARDLong
by BrahmaBull31
LUXIND - Bullish Consolidation BreakoutNSE: LUXIND is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:LUXINDLong
by BrahmaBull31