BLISSGVS: Breakout of ConsolidationNSE:BLISSGVS has broken the resistance line of the consolidation phase. The target and the stop loss of the same are given. We can expect the retest till the resistance line.
Consolidation
BTC/USD trade in consolidation zone Howdy Traders,
We can see that Bitcoin has been trading in a range for several days. This means that the buyer and seller are satisfied within this range. Bitcoin tried to break this range but failed and it was a fake breakout and many buyers were trapped in this breakout.
Looking at this fake breakout, I feel that the market may go down a bit.
Target: 30961, 30800, and more,
Thank You,
Money_Dictators
$GS with a HUGE symmetrical triangle on the weekly chart!The symmetrical triangle indicates buyers and sellers consolidating price into a tight range. When either the buyers or sellers exhaust, the winning side will push price in one direction violently.
Tea Time With Palantir - Pinkies Up 🍵Palantir is forming a cup and handle on the weekly charts.
The volume reduction indicates pattern correlation meaning price action, based on that volume reduction, will probabilistic follow the chart formation and we should see some consolidation and ranging before moving higher.
That being said, earnings is coming up on 08/07/23 and this could act as a catalyst with a strong beat leading to continuation without a true handle forming.
Consolidation Ahead? On the Hourly chart, Nifty seems to be getting ready to take a breather from the recent rally,
It also resembles a rounding top or a double top, but on the shorter time frames, which also gives it lower credibility. The uptrend seems to be intact for now, but the price action opens some possibility for a small retracement or a consolidation.
Ready to fly?After all this crazy volatility last week, on thing is clear, the DOW wants to break up. I chose this DOW stock, look at the consolidation. I thinks is going to pop soon.
Does Bitcoin SLIDE into a bounce?Notice that there is no strong buying signal (green dot) on the candle following the strong selling (red dot). This is generally negative on the price indicating that there's more short-term downside to come.
However, it should be noted that the monthly current is still moving upwards suggesting that support is steadily increasing. As this continues, it makes a drop to the seasonal current that much less likely.
Once again, because the flow signal has not yet been negated, the overall trend is still bullish. We'd need to see a yellow dip signal indicating a withdrawing of liquidity to start looking more seriously towards the downside.
Bitcoin Upside Potential to $40,000With the test of the support at 24,500, Bitcoin has successfully tested the last big untested level. Since the levels below have all already been tested successfully, an upward move was the more likely outcome. At present, there are many technical indications of further upside potential. Bitcoin is currently consolidating bullish at the 2023 high and a very strong weekly resistance at around 30,800 to 32,000. The consolidation is supported by the gain of the 30,000 level.
As long as the range (green small box) holds, we can expect a test of 31,800 as well as a potential bullish break out of it. Should the price close significantly below 29,800, the level around 25,000 would become interesting again. In any case, one should wait with a trade until either the level around 31,800 is gained with a bullish move or the level around 29,800 is given up in a bearish move.
The corresponding targets would then be 40,000 and 25,000.
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🚨🚨🚨 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!
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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.
XMR, ancient coin | $212On weekly chart,
Monero BINANCE:XMRUSDT is in consolidation phrase.
It's trading at $164.8 now
I expect Monero will move up to $212 to complete 1.0 Fib Ex and 119.5% from $96.7
Wait and see
Motherson sumi wiring bullish for next 4 monthsEntry at cmp 56 to 57
4 month target 70 to 74.60
Stock already reverse from bottom and consolidate at upper side for big move .
Dow Jones Industrials suddenly not looking too shabbyThe Dow Jones has been out on vacation for the first half of this year, not really participating in the melt-up, and instead, consolidating and working off that sharp rally from Q4 2022.
After all, it was one of the first indexes to bottom from the depths of the bear and start leading things higher.
But now after all of this sideways consolidation, it's starting to offer up a favorable reward-to-risk if it can build momentum over 34,500.
Perhaps a possible rotation into YTD leaders and back into industrials for the second half of the year? I'm not so sure about that yet, but it's a chart worth paying attention to.
ROSEUSDT ROSEUSDT was range bound and recently broke through the range and also break the inclining trendline. Also the pair has bearish divergence which also signaling the downside for pair.
TECHM- Consolidation 1 year Daily/weekly/monthlyView-Sidesways to bullish
The stock is consolidating between 1150 to 980 lvls. However this time it has taken support near .5 Fib levels. which are near 1061-1075. This makes high probabilty of going upside.
If it holds around 1135-1110 for next 1-2 weeks we may see a strong up side for 1300+ 1400+ 1500+
This analysis is only for learning and educational purpose. Please manage your risk accordingly.
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!
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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.
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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.
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
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
#rndr short RR 3similar to #joe short RR 10
bad momentum, currently does not have large sales to the north unless it breaks the current pattern. we want to see a consolidation to the downside in this currency.
#joe short RR 10bad momentum for Joe, It has not yet reached its support and it is necessary to short it, it still has enough liquidity below. the risk is low
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
IRCTC - Bullish Consolidation BreakoutNSE: IRCTC 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
ORLY Long on Consolidation Break-Out🐂 Trade Idea: Long
🔥 Account Risk: 1.00%
📈 Recommended Product: Knockout
🔍 Entry: +/- 922.00
🐿 DCA: No
😫 Stop-Loss: 877.99 (898.75 for aggressive trade)
🎯 Take-Profit #1: 977.59 (50%)
🎯 Take Profit #2: -
🎯 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!
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ORLY is in an overall uptrend and broke the consolidation trendline with a strong candle going into a bullish consolidation inside a small range. Entry should only be made if the daily candle remains outside the consolidation range (green box) today. If it falls back wait for another break-out and daily close.
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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.
$TGTX - Pullback and consolidationTop trading idea for next week(s)!
NASDAQ:TGTX already proved itself with a strong performance YTD of 125% (and 580% in a year).
The stock is in a clear stage 2 uptrend and is now consolidating in between the 21 day MA and 50 day EMA on lower volume (check weekly chart).
Has the fundamentals.
A few more days of tight consolidation or a quick retest of the 50 EMA would make it even a better setup and creates a launchpad.
Entry would be around 28.27
Stop breach of the 50 on high volume or a tight stop low of the day (when it breaks the pivot).
Enjoy next week!
Other similar ideas: NYSE:SKX , NASDAQ:WING and NASDAQ:ARCT
KALYANKJIL - Bullish Consolidation BreakoutNSE: KALYANKJIL 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
