$COIN - bullish patternNASDAQ:COIN Weekly chart shows a wonderful pattern of bull flag finding support at what was once a resistance. If plays out as expected, another 60% move likely in the next 12-18 months.
Growwealth
$NVDA classic VCP breakoutnVidia had 5-6 month consolidation with VCP chart structure. It broke out of that yesterday in high volume. Usually this indicates more upside to come if the overall market is conducive.
$MELI - Nice continuation to the upside NASDAQ:MELI shows nice resumption and breakout into upside. Clear on the monthly chart shown.
Likely to March towards its all time high price in the coming months.
LON:SMT - looking to start stage 2Scottish Mortgage Investment Trust is going through stage 1 base and looking to breakout to stage 2 uptrend after falling over 53% during the stage 4 downtrend.
Chart pattern looks interesting.
$ANF bullish breakout positive earnings reactionNYSE:ANF - many bullish indication and price action.
Possible resumption of Stage 2 uptrend
Teal moving average line is 30MA
Bottom panel: Mansfield Relative Strength
$TTD - ?VCP breakoutNASDAQ:TTD - VCP breakout set up but volume on breakout is lacking.
Could be a potential winner but worth watching closely.
I have an earlier aggressive entry from couple of weeks ago.
$ZTS - bullish breakoutAfter reclaiming the KMAs on weekly timeframe, NYSE:ZTS consolidated and now breaking out on high volume after positive earnings reaction last week.
$PNR - basing and breakoutNYSE:PNR - Price is within the consolidation base but 6-7week consolidation breakout within the broader consolidation.
Further bullish confirmation:
Price above Key moving averages on daily, weekly and monthly charts
MACD positive on D,W,M timeframe.
MACD just turned up positive on weekly and monthly chart - possible new longterm bullish momentum.
Positive earning, sales numbers & estimates.
Bullish earning reaction by the market and analysts upgrades.
$TSCO - Green Line Break to ATHBreakout to ATH. Technical analysis suggests a move to $300 (Profit zone 1) and FWB:340 (Profit zone2) is likely over the next couple of years.
$VITL - Simple CT50 trading strategy Trading Strategy based on CT50:
Chart Pattern - Tline (8EMA - white line) & 50EMA (Red line)
First entry point: Base breakout on high volume and Gap up
Second & Third: While holding the gap up low, mini consolidation breakout offered add on points (yellow arrows)
Now there’s a tight consolidation going on. Watch out for breakout or breakdown.
Bitcoin’s next targetMy trading strategy gave ‘Long’ entry signal on 22July.
Previous support level of $28000 is likely the next target level to watch.
$XAUGBP - Gold continuing the uptrendNice support and resistance analysis.
Previous resistance acting as support now after the breakout.
It retested the support and attempting to resume uptrend towards all time high.
I’m bullish on Gold.
$GFI - benefit from Gold bullish moveBull flag / high right flag on Weekly chart pattern on $GFI.
With further up trend in Gold price this could potentially give a 4:1 RR about 30% return as shown in the chart.
$PLTR- AVWAP - support/resistance level$PLTR provides a nice example of how AVWAPs (white line) can be used to identify support and resistance level.
In addition the price has also recently broke out of $27.5 resistance level (green line)
I expect further upside.
$CRM - 1yr base breakout set upSalesforce : $CRM - breaking out of its year long base.
25% deep base.
If broader market helps further upside likely.
$BTCUSD breaking out of the falling wedgeBitcoin just broke out of the falling wedge from previous high - potential next uptrend to resume. Look out for the previous resistant levels
XAUUSD - watching how it acts at previous support zoneGold had a false breakout before but currently at previous support zone.
I’m bullish long term but watching if it gets support at this zone and pushes up or not.
XAUUSD Testing my patience not clearly broke out yetI was hopeful to see a breakout of the downward trend line on daily chart but only for it to reverse within couple of days back below the line. A fake breakout / failed breakout.
Will wait to see what happens over the coming days.
$BTCUSD 200+% move since the breakout signal. 10.7x R:R ratioLesson on Reward : Risk calculation and how to compound to grow your account size.
Risking $1 to make $10+ is the best trade one could ever ask.
$XAUUSD retested support and bouncing off to resume new bull runGold setting up nicely to resume new uptrend and new highs soon
$XAUUSD broke out of trend line to move up againGold has resumed its up move after a period of consolidation.
It also seem to be nicely supported off its 50EMA.
XAUUSD 50 weekly EMA act as supportWeekly chart of gold shows 50EMA acting as support.
See description on the chart for other information and for more training event.
