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Cup And Handle

[Swing Trade] SBILIFE - B.O1486Analysis: Pattern Formation: The chart shows a Cup and handle pattern in one hr TF. Price has moved about all the MAs in 1HR TF. Breakout Zone: The upper blue trendline (~₹1486) represents the resistance zone. A breakout above this level signals bullish momentum, and if there is a spike in volume and some sustainability, it can breakout .. When to enter - Breakout of 1486 with spike in volume but as it is 1HR TF, we may need to close our trade as early as possible with some gains. This is not buy call. Please do your research before you trade.
NSE:SBILIFELong
by Mujadid
Nat Gas: Heating Up into the WinterBrief Overview on Natural Gas Natural Gas is a commodity generally traded on the premise of weather forecasts indicating cooler or warmer seasons. This allows traders to speculate on demand for the product as it generally trades higher with cooler temperatures. Today we are looking at the weekly chart. Thesis: Technical Analysis Pointing to a Bounce This analysis is mainly focused on the lasting demand zone that Natural Gas time and time again respects and typically bounces from. The weekly chart points to the likelihood that the R/R is favorable for a long position at these levels in the 2.20's. Not only do we see NG tap back into this heavy demand zone, but we also can see a Cup & Handle on the weekly chart signaling potential greater upside. Demand Zone offers strong R/R as it dips back in to these levels. Cup & Handle can represent even further upside, but will rely on the initial rebound to prompt the possibility of it playing out. There is also a trendline (not pictured) that is supporting the current bounce we are seeing today from the 2.18/2.19 level. It is important to note that the commodity has been seeing higher lows since the Spring. Lastly, a tap of fundamentals play into this idea as well. Though winter demand is always priced in, this year forecasts have repeatedly painted the picture that this winter will be historically mild. Due to these forecasts implying less seasonal demand for Nat Gas, a shift in the shorter-term and more accurate models as we approach the winter season will sharply move the price of Nat Gas and represents that the current price is truly pricing in a very mild winter. This basis supports the idea of great R/R on this LONG trade idea. Disclosure I am currently in a long position in Natural Gas after entering on the Friday (10/18) Close My position includes: AMEX:UNG Credit Spread 13/12P , AMEX:BOIL common shares If this thesis holds up, I would plan to roll my credit spread contracts into further expirys Thanks for reading! Not Financial Advice
NYMEX:NG1!Long
by ZachSap
USDJAPY Upwards Understanding trading strategies and effective risk management is crucial for success in the financial markets. For example, in the case of USD/JPY trading, the buy point is set at 158.20, with take-profit levels at 158.70, 159.50, and 160.80. These levels represent potential targets where traders may exit positions to secure profits. At the same time, a stop-loss point at 157.00 acts as a safeguard to limit losses in case the market moves unfavorably. Such measures are essential because trading involves inherent risks, and no strategy guarantees success. To navigate the markets effectively, traders must continuously learn and adapt, updating their knowledge and refining their strategies based on market changes and trends. Diversifying investments is another critical step to mitigate risks. For instance, relying on multiple instruments or markets reduces the potential impact of a single adverse movement. Additionally, tools like stop-loss orders provide an automated way to protect capital by exiting trades when a predetermined loss limit is reached. This approach aligns with the principle of never risking more than you can afford to lose. Successful trading requires discipline, patience, and an analytical mindset. By setting realistic goals and adhering to a structured plan, traders can make informed decisions and adapt to evolving conditions. Risk management is the foundation of long-term success, allowing traders to weather losses while capitalizing on profitable opportunities. Above all, consistency and a willingness to learn from both successes and failures are key to achieving growth and resilience in the financial markets.
Long
by EXPERT117Ai
1
TSCO - 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 ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
LSE:TSCOLong
by TheArtOfCharting
SOL's situation+next targets and expected movements.It can now be said that the cup and handle pattern has broken well, and from a technical perspective, the price can rise from here. previous analysis Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
Rhythm Pharmaceuticals | Chart & Forecast SummaryKey Indicators On Trade Set Up In General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Notes On Session # Rhythm Pharmaceuticals Stock Quote - Double Formation * A+ Set Up)) | Completed Survey | Subdivision 1 * 56.50 USD | Area Of Value - Triple Formation * (Neckline) At 51.00 USD | Subdivision 2 * ((Wedge Structure)) | Configuration Entry At 47.00 USD * Daily TIme Frame | Trend Settings Condition | Subdivision Active Sessions On Relevant Range & Elemented Probabilities; European Session(Upwards) - US-Session(Downwards) - Asian Session(Ranging) Conclusion | Trade Plan Execution & Risk Management On Demand; Overall Consensus | Buy
CAPITALCOM:RYTMLong
by TradePolitics
Incoming 30-40% crash for Silver to $20Forecast for 2025 On the above monthly chart price action has rallied an astonishing 140% since the lows of March 2020. A number of reasons now exist for a bearish outlook. Very bearish. They include: 1) Price action and RSI support breakouts. 2) Regular negative divergence. The time length used is the same as the positive divergence. 3) The Cup and Handle projection has achieved the forecast target. 4) The rising wedge breakout. The wedge allows a forecast to be made using the top and lower touch points for a 35% correction to $20. Is it possible Silver continues to rally? Sure. Is it probable? No. Ww
TVC:SILVERShort
by without_worries
31
$AKT - +26% Today, Last Chance?For those that have been holding and staking AKT through the bear, I think the time is soon coming for sewing the rewards! Here's one of my better posts about CSEMA:AKT , following the first FED Rate Cut: We anticipated that there may be a flip to 'risk on' following that event, and those that positioned there have been reaping massive rewards, in any alt, let alone just AKT. Going back further, I initially called out this bull pennant in September 2024: Today, we're up 26% alone, and I think it is interesting that COINBASE:HNTUSD is not pumping in a similar fashion. Why might that be? Any ideas? This might be the last chance to get cheap AKT, the decentralized AWS. NFADYOR YAKWTFIGO
KRAKEN:AKTUSDLong
by httpz