SWING IDEA - AEGIS LOGISTICS
Aegis Logistics , with its robust market presence and expertise in logistics and supply chain solutions, presents an attractive opportunity for swing traders.
Reasons are listed below :
Cup and Handle Pattern : Aegis Logistics is exhibiting a classic cup and handle pattern, suggesting a potential bullish continuation.
Breakout and Retest : After multiple tests, the stock broke above the crucial 400 level and has now retested it successfully, indicating strong buying interest and potential upward momentum.
Bullish Marubozu Candle : A bullish Marubozu candle on the weekly timeframe, engulfing four previous weekly candles, signals strong buying pressure and potential upward momentum.
Attempt to Breach All-Time High : Aegis Logistics is attempting to breach its all-time high, indicating strong upward momentum and potential for further gains.
0.5 Fibonacci Support : Finding support at the 0.5 Fibonacci level reinforces the bullish outlook, providing a strong foundation for potential upward movement.
Breakout from Consolidation : The stock has broken out from a consolidation phase lasting over three years, suggesting a significant shift in market sentiment and potential for sustained movement.
50 EMA Support : The 50-period Exponential Moving Average (EMA) on the weekly chart acts as reliable support, reinforcing the bullish bias.
Increased Volumes : Notable increase in trading volumes reflects heightened market interest and potential accumulation by investors, adding confirmation to the bullish thesis.
Target - 520 // 600
Stoploss - weekly close below 380
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@visionary.growth.insights
Cup And Handle
FER - 4 months CUP & HANDLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
8593 - 10 months CUP & HANDLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
BTC.X: Cup & Handle TheoryToday, Bitcoin hit 200ma for the first time since August 2023. Historically, that not a good sign for Bitcoin. There is also not enough volume to support a full recovering and it's beginning to show significant underlying weakness. This move, in the most bullish way possible, may be the formation of the handle of this a c&h around 40k.
Mega Analysis on USDJPY outrageous Levels so this analysis is based on high time frame weekly
1) so i identified a CUP & HANDLE pattern, the range for the cup size is from 127.50 to 151.946
2) Handle range from 140.188 to 151.946
so the target projected based on size of pattern
1st target = 163.513
2nd target = 176.392
last three weeks has a price action of three soldiers which has left behind bullish fvg at 159.778 and 158.258
so, if you dont have any position this area could be offer fair value and if you already holding some position then we can trail the stop loss just below the fvg we have marked
note - market is based on buyer and seller and ups and downs so short term pullbacks are considerable
leave your comment on my analysis and lets have trading related deep talks !!
NZDCHF: Bullish Reversal Confirmed?! 🇳🇿🇨🇭
NZDCHF leaves multiple bullish clues on a daily:
I see a bullish flag pattern and a cup & handle formation.
Both the trend line and a neck line of the patterns are broken.
We can expect more growth now.
Next resistance - 0.553
❤️Please, support my work with like, thank you!❤️
CIBR - Multi year cup and handle plus triangle break outIf Bullish - support your local WEF ;-)
Cyber security - companies have to spend money on this
WEF claims we will have cyber attacks in future big risk - hedge their view!
Cup and handle pattern where a triangle is the handle is very strong pattern
Ease into this trade make 10% on the triangle and let it run
Buy on any pull backs to the triangle if you are bullish
Stop just under the recent low in the triangle
NetflixNearby support is 660 and resistance is 680. Price can move within this range till it gains strength.
Also the price is forming rounding bottom or triangle and trying to move up.
Buy above 674 with the stop loss of 669 for the targets 679, 684 and 689.
Sell below 658 with the stop loss of 663 for the targets 653, 649 and 642.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
Bharat Dynamics (BDL): Cup & Handle or VCPBharat Dynamics which was already in nice uptrend has currently taken a pause.
When it was move up, it formed big range candle with big volume (in May month), then when it halted, its first pulled back with lower volume.
Whenever there is green candle, there is big volume and where there is red candle there is low volume.
Volume completely dried at second pullback, it means less and less supply is coming, supply is getting absorbed.
So could be the short term trading good opportunity.
Spotting a Bullish Opportunity: AVAX/USDT Cup and Handle PatternI recently identified a classic Cup and Handle pattern in the AVAX/USDT trading pair, which is now breaking out and currently undergoing a test of the breakout level. This pattern suggests a potential price target around $34.
The chart shows the cup formation, followed by a brief consolidation (the handle), and now we are witnessing the breakout. The price is testing the breakout level, which is a critical phase before the expected upward move.
Stay tuned and watch for this potential price relief rally in AVAX/USDT!
BITCOIN (BTCUSD): Time to Recover?!
Bitcoin formed an inverted cup & handle formation
and broke its neckline on a daily time frame.
Such a violation is a confirmed Change of Character (CHoCH)
and indicates a local bullish reversal.
The market may start recovering and reach 65000 level soon.
❤️Please, support my work with like, thank you!❤️
Crude Oil upward trajectory !!NYMEX:CL1!
Crude oil is moving upwards by marking HH @ 95 and HL @ 81.5,
81.5 is .786 fib support from previous low),
Curved parallel channel suggests that max downward should be around 79; which is .886 fib level from 77.71),
97 & 104 will be crucial level in coming weeks as resistance.
EURNZD: Important Breakout & Bullish OutlookEURNZD formed a cup and handle pattern following a test of an important horizontal support level, with the price breaking above a strong intraday resistance level and a falling trend line.
The highlighted blue area also serves as the neckline of the cup and handle pattern.
This breakout could lead to significant price increases, with targets set at 1.765 and 1.769. Traders should look for entry points based on the broken structure.