Is ANKR about to print a 1500% move?On the above 8-day chart price action has corrected over 90% since the month of May 2021. A number of reasons now exist to be long, including:
1) Price action and RSI resistance breakouts.
2) Price action prints support on past resistance. Look left.
3) The macro bull-flag breakout plus confirmation of support.
4) A number of tradingview.com ideas are ‘short’. Remember the 9 out of 10 market participants will lose money. Be the 10%.
5) Bonus observation, see chart below.
Is it possible price action falls further? Sure.
Is it probable? no.
Ww
Type: Trade
Risk: <6%
Timeframe: Act now
Return: 1500%
Little bull flag with 250% projection
Flag
NATCOPHARMA :NSE BULLISH FLAG & TRENDLINE BO DTF/WTFNATCOPHARMA STOCK Analysis
TRADE PLAN (DTF Close Price for SWING /POSITIONAL)
ENTRY - 1413 50% Qty, Add 50% qty 1482 DTF Close
SL - 1320
TARGET --01- 1482 SWING , TGT02--1624
Hold For a 6M -1 Year or TGT 2
Chart Pattern :
STOCK had a 3Month Streak to Touch an ATH of 1639, Retracing to 50% FIBO Level forming a Bullish Flag Pattern.
INDICATORS EMA :
The Price is Currently Trading near 50EMA, and 20EMa below 50EMA in DTF. STOCK EMAs are currently in Transitional stage of alignment where this week an. 8%+ price rise with reasonable Volumes indicating start of a bullish Trend on DTF/WTF.
FIBO/E :
Currently the price is above the 38.2% FIBO Retracement Level, Early Entry can be take as per your risk ability. Safe Investors Enter as above .
Volumes: After the surge in volumes in the past 3months There is a muted in Volume on the selling side of the Weekly Charts after the 4 weeks Pullback. Results a=for the Quarter are due next week.
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses...
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
Chipotle: Has the Selling Begun?Chipotle Mexican Grill has been rallying for years, but some traders may think the uptrend is ending.
The first pattern on today’s chart is the series of higher highs and higher lows since August. Coming after a big slide in July, that channel could be viewed as a bearish flag.
Second, this week’s drop after quarterly results may result in a breakdown from that consolidation.
Next, prices have crossed under the 50- and 200-day simple moving averages.
Fourth, the recent high was near a price range that offered resistance in March and support in June. Is it resistance again?
These patterns, coming after the June 26 stock split, may indicate CMG is running out of catalysts.
Finally, there could be signs of a bearish channel starting on the weekly chart:
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
Long BTC Correction Almost OverBTC has been correcting from its ATH since march, but it appears to be ripe for another surge as we near the holiday season and the RSI is settling back towards the middle. As long as we don't break below the bottom of the channel that has formed over the past couple years, it should be uphill from here.
BITCOIN BULLISH MOMENTUM IN WEEKLY!!!! The weekly BTC/USD chart above shows an Bullish Flag pattern, where Bitcoin’s price is trending upward within parallel support and resistance lines (yellow lines). This pattern often suggests a potential breakout if the price manages to break above the channel’s resistance.
To set Fibonacci targets in the range of $90,000 to $100,000, let’s add levels that align with that price zone:
1. 150.00% ($90,000) - This can act as a strong psychological level within the bullish move, marking the start of the $90k range.
2. 161.80% ($94,407) - A common Fibonacci extension level that is close to the midpoint between $90k and $100k.
3. 175.00% ($100,000) - Reaching this level would mark a major milestone and could trigger significant profit-taking.
These Fibonacci targets highlight possible resistance areas for Bitcoin within the $90k - $100k range, especially if momentum remains strong.
This pattern suggests Bitcoin could keep climbing if a breakout happens, with these Fibonacci levels as possible profit-taking points.
Flag Breakout & Fibo ProjectionBased on the flag breakout price projection, we observe the following trend:
Oct 2023 - March 2024: Formation of the flagpole
March 2024 - Oct 2024: Development of the flag pattern, with a retracement to the Fibonacci levels of 0.50 - 0.618
With the flag breakout anticipated by the end of Oct 2024, our projections are as follows:
Fibonacci target: $100,042
Flag breakout projection: $110,353
This suggests the next target range for Bitcoin could lie between $100,000 and $110,000.
ENA/USDT: Bull Flag Breakout! Strong Bullish Setup in Play!!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
ENA is looking strong right now! It is breaking out from the bull flag pattern and a successful retest is also done. Long some at CMP and add more in the dip.
Entry range: CMP and add more up to $0.36
Targets:- $0.44/$0.50/$0.57/$0.64
SL: $0.345
Lev: Use low leverage (Max 5x)
What do you think of ENA’s price action? I’m seeing a strong bullish setup here! Share your insights and analysis in the comments below!
Bitcoin to 68k - Bull flag** short term analysis - daily chart **
24 days have passed since RSI entered a downtrend channel. The channel resistance has now printed a breakout at the same time as price action from its resistance.
A bull flag print has now confirmed with the downtrend in price action. A measured move takes price action to the 68k area by the end of the month.
Is it possible price action continues to correct? Sure.
Is it probable? No
Ww
GOLD (XAUUSD): One More Bullish Wave is Coming?!
Gold is currently stuck within a horizontal range on a daily.
The price is approaching its upper boundary at the moment.
Because the trend is strongly bullish, chances will be high to see
a further bullish continuation.
Your reliable confirmation will be a breakout and a daily candle close
above the underlined resistance.
The next goal for the buyers will be 2780.
Alternatively, the market may continue consolidating and trading within the range.
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Are the Bears Shopping at Home Depot?Bears could be shopping at Home Depot as interest rates rise.
The first pattern on today’s chart is the $420.61 level. That’s where the home-improvement chain peaked in late 2021. It pushed slightly above that price area this month before reversing lower. Some traders may view that false breakout as a potential reversal pattern.
HD fell sharply about a week later, making a low of $404.37. The stock continued downward the next session and been mostly trapped below that October 21 low since. That may suggest that new resistance has developed.
Third, price action since the drop could be viewed as a potential bear-flag pattern.
Next, the 8-day exponential moving average (EMA) is near a potential cross below the 21-day EMA. MACD is also falling.
TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more.
Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors.
Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges.
TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
BTC Quick Update: Bull Flag Breakout in Sight, Targeting $80k!Hey everyone!
If you’re finding value in this analysis, don’t forget to hit that 👍 and follow for more updates!
Welcome to this quick BTC Update!
BTC is currently trading around $67.5k and moving within a bull flag structure on the 4-hour time frame. A breakout from this flag is still pending, and there’s a chance we might see a brief drop to FWB:65K on Monday before a breakout occurs.
Once this bull flag breaks, the target is set at $80k.
Entry Range: FWB:65K -$66k
Target: $80k
Invalidation: 4-hour close below FWB:65K
What do you think of BTC’s current price action? Are you seeing this bullish setup as well? Share your analysis in the comments, and let’s ride this wave together!