ROSSARI BIOTECH Showing Change in Price StructureNSE:ROSSARI
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Update on the expansion projects at Dahej Facilities
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• In the Q2FY24 the Company had announced an expansion of its facility at Dahej by adding up
20,000 MTPA capacity for products related to HPPC in the specialty chemical space, as well as for producing ingredients for its subsidiary companies.
Also, to cater to the growing
demand in agro chemicals, home and personal care, oil & gas and the pharma sector, the
Company had further announced expansion of the Ethoxylation capacity by 30,000 MTPA at
the Dahej facility of Unitop Chemicals Private Limited.
• Work on both these projects are progressing as planned. Commissioning is expected to
happen, in a phased manner in the current year
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• Consistent growth trajectory over the past three years, driven by both organic and inorganic growth strategies
• While near-term investments and strategic initiatives have led to a moderation in ROCE and ROE, the balance sheet position
remains strong.
The Company is confident of reporting improved return metrics in the future as these investments start yielding
results
Multitimeframeanalysis
SWSOLAR Getting Ready to Break its 2019's & All Time HighNSE:SWSOLAR
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| KEY HIGHLIGHTS FOR 1Q FY25
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• Unexecuted order value at ~INR 9,396 crore as of June 2024
compared to ~INR 8,084 crore as of Mar 2024
• Company has received new orders / LOI in three domestic
projects worth ~INR 1,016 crore during the quarter
• Company received two turnkey international orders from South
Africa amounting to ~USD 140 mn
• Commenced a pilot project for Solar plus BESS for Reliance
Industries at Jamnagar, Gujarat
• P&L of the company continues to improve
• Consol revenues up ~78% YoY in 1QFY25
• Gross margins at ~11%
• Second consecutive quarter of positive EBITDA, PBT and PAT
at a consolidated level
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• The company’s balance sheet continues to de-leverage
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• Total net debt of ~INR 97 crore as of Jun 2024, compared
to net debt of ~INR 116 crore in Mar 2024
• No upcoming debt repayments till 3QFY25
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Received order of 900 MW DC in 1QFY25
• Received a turnkey solar PV order from AMEA Power in South
Africa for a ~140 MW DC project
• Through this project, SWREL has achieved a key breakthrough in
the rapidly growing South African solar market.
• We have successfully executed a 90 MW DC order in South
Africa in 2016 previously, and continue to maintain O&M
operations there
• Bagged our second international order from South Africa with a
turnkey package for a 80 MW AC project from Energy Group
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Unlocking Potential: 59.90% Probability for DOGEUSD ATH Bullish Fundamentals for Dogecoin
1. Increased mainstream adoption: More businesses and platforms are accepting Dogecoin as a form of payment, expanding its real-world use cases.
2. Growing community support: The Dogecoin community remains active and passionate, driving continued interest and development.
3. Potential technological improvements: Ongoing discussions about upgrades to Dogecoin's blockchain could enhance its functionality and appeal.
4. Positive market sentiment: As the broader crypto market shows signs of recovery, meme coins like Dogecoin often benefit from renewed investor interest.
Using Probabilities for Long Positions
I'm utilizing probabilities on my charts to get positioned into longs for DOGEUSD.
This strategy aligns well with my bullish bias on DOGEUSD, allowing me to capitalize on potential upward movements in a more calculated manner.
12M:
3D:
1H:
Tesla High Timeframe Analysis - Targeting 2023 HighsDISCLAIMER: This is not trade advice. This is for educational and entertainment purposes only, showing how I intend to participate in this market. Trading involves significant risk. Do your own due diligence.
Utilizing my Multi Timeframe strategy, I have identified that I would like to look for LONGS on Tesla. To clarify, I'm not saying I'm blindly longing this market. If I see price action that checks the boxes for this strategy, I will take the long. Until then, I do NOTHING.
Feel free to shoot me a message with any questions.
Have a great week!
High Timeframe Analysis for Canadian DollarDISCLAIMER: This is not trading advice. This is for educational and entertainment purposes only. There are significant risks involved with trading. Do your due diligence.
MULTI-TIMEFRAME STRATEGY.
This approach is great for traders that don't have a lot of time to spend at the charts. This strategy can easily be managed with a few minutes a night. If you have kids, or are busy with another profession, this strategy is excellent.
HTF: 12 Month
ITF: 2 Week
ETF: 12 Hour
CANADIAN DOLLAR ANALYSIS:
I am looking for the Canadian Dollar to trade up to 2023 highs. My bias is due to the "swing low" we put in over the last few years, suggesting that overall there is some bullish momentum.
The intermediate timeframe is in flow with my htf objective. I want to see CAD trade down into the 2W fair value gap &/or 2 week orderblock, and then give an entry (cisd, 18 period ma entry, 10-8 mac entry). The target is 2023 highs. These trades can last a fairly long time due to the high timeframe objective. I will either roll over into next contract, or utilize spot forex market for these positions. To be clear, this does not mean I blindly long. What this means is this market has a setup, which means we wait for the trigger/timing tool to get me in. Until then, I do nothing.
If you want to learn more about the PD (Premium/Discount) arrays, I suggest you study ICT (Inner Circle Trader). My application of his work is unique, but to learn the fundamentals, there is no better place than his YouTube.
If you have questions, feel free to shoot me a message.
Have a great week.
Why WAITING on XAU Will pay BIG TIME The charts cover different timeframes of the XAU/USD (Gold/US Dollar) pair, and they reveal several key technical structures and patterns that are useful for trading analysis.
1. Flag Pattern and Breakout (5-Minute and 15-Minute Charts)
- On the 5-minute and 15-minute charts, there is a visible **flag pattern** following a strong upward move (bullish flag). This pattern typically indicates a continuation of the prevailing trend after a consolidation phase.
- The flag's lower trendline (support) and upper trendline (resistance) are marked in yellow. The price consolidated between these lines, and the breakout occurred upwards, confirming the bullish continuation. This breakout could be a potential entry point for a long position, with the stop loss below the flag's lower trendline and a target based on the flagpole's length (the initial strong upward move preceding the flag).
2. Descending Channel and Potential Reversal (1-Hour and 4-Hour Charts)
- The 1-hour and 4-hour charts display a **descending channel** (marked with yellow trendlines). The price recently touched the lower trendline and bounced back, showing signs of a potential reversal.
- If the price continues to break above the upper trendline of the descending channel, it could signal a bullish reversal, providing a possible entry for a long trade. The risk management strategy should include placing a stop loss below the recent low (or the channel's lower trendline) and targeting previous resistance levels or the channel's upper boundary.
3. Broadening Wedge Formation (4-Hour Chart)
- The broader view on the 4-hour chart shows a **broadening wedge pattern**, where the price has been making higher highs and lower lows. This pattern is generally considered a sign of increasing volatility and potential trend reversal.
- If the price breaks above the broadening wedge's upper trendline, this could further confirm a bullish reversal. Conversely, a break below the lower trendline would suggest further downside potential.
4. Support and Resistance Zones (Highlighted on All Charts)
- Several horizontal lines mark significant **support and resistance levels** around $2,507 and $2,532.144, respectively. These levels could serve as potential entry or exit points based on how the price reacts when approaching them.
- Observing how the price interacts with these levels can provide clues for future price action. For example, a sustained move above $2,507 could confirm a bullish sentiment, whereas a rejection or false breakout might suggest the continuation of the bearish trend.
Trading Strategy Recommendations:
1. Flag Pattern (Short-Term Bullish) If looking for short-term trades, consider entering a long position on a confirmed breakout of the flag pattern, with a stop loss below the flag's lower trendline. Target a move equal to the height of the flagpole added to the breakout point.
2. Descending Channel (Potential Reversal):If trading based on the descending channel, a break above the upper trendline could signal a reversal and a potential buying opportunity. In contrast, if the price rejects the upper trendline, consider shorting with a stop above the recent highs and target the lower boundary.
3. Broadening Wedge (Cautious Approach): For traders cautious about volatility, wait for a confirmed breakout from the broadening wedge to determine the trend direction. Enter long if it breaks upwards and short if it breaks downwards, setting stop losses just beyond the breakout points.
4. Support and Resistance Levels (Decision Zones): Use the marked support and resistance zones as decision points. Enter trades based on confirmation signals near these levels, and manage risk by adjusting stop-loss orders accordingly.
By combining these observations with confluence factors such as higher time frame trends, candlestick patterns, and multi-touch confirmations, you can refine your entry and exit points and enhance your trading strategy.
Dalmia Sugars - How to pick the Right Entry Price !!!On Aug 29, there was a Post market News being circulated across all Social Media Channels that the Govt has removed the Cap on sugar Diversion for Ethanol Production. As an instinctive reaction, everyone suggested to start loading Sugar Stocks and it would rally immediately
www.moneycontrol.com
But in Reality - only on Friday there was a mad rush on market opening which waded-off before close of the day and all Sugar stocks fell from their opening price and from then, most of the sugar stocks continued to fall.
This is the Reality of NEWS Based Trading... If the market always reacts in the same direction as mentioned in the NEWS, then the entire world would be filled by Warren Buffets :)
One of my friend was seeking advice on Dalmia Sugars - given the mad rush. Here is the detailed analysis..... Not just for Sugar Sector, Not just for Dalmia... This is how every stock needs to be analyzed...
1. On Quarterly chart - the price is travelling within a Life-Long Parallel Channel
2. The price repeatedly formed Rounding Bottom structures (Cup pattern)
3. The Depth of the Cup each time has been -80% from the respective peak levels
4. From Jan 2020 to Apr 2021 - the price had a massive Blast of 1,155% from Rs. 39.75 to Rs. Rs. 499
5. The price is going sideways with minimal dip (an Inverted Head and Shoulders pattern / small Rounding Bottom) from Apr 2021 till date - During this period - the price attempted several times to Break out of the Previous High 500 but though it had 2 instances of breakout, it could not sustain above 500
6. The Current Market is News driven, purely to the Panic sensation of over valuation. Although I don't agree that Market really works on Valuation, the Crooked Media Analysts are constantly feeding Panic to public that Market is due for a Crash / Correction
Although I am strong on my view that there will be NO MAJOR CORRECTION atleast until Apr 2028, I don't discount the fact that there will be intermediately Blips - strong blips of 1-2% down or even 3-4% down in a day which will recover soon
But NOT all stocks will recover from these Blips. Especially the ones like Dalmia Sugars Because of the following reasons
1. 500 Level has been super strong
2. Stock has already given massive returns and in consolidation mode
3. In the previous 2 instances - the stock always fell down to the previous Rounding Bottom BO zone and also tested the Bottom of the Parallel Channel
4. If the last week's news could not break out of the 499 Resistance, then it won't be easy now. Even if it breaks above 500, there are 2 more resistances 545 and 570
Unless and Until 570 is fully broken out and sustained for 1 full week, the price WILL fall back below 500 anytime soon. All it needs a single day of market volatility - due to some NEWS even if it is NOT related to Sugar sector. If the Small Cap / Mid Cap index falls on a day, then 500 Support would be broken down and then the price would fall all the way down to the previous support level of 202 which is -56% lower than current level
When it reaches 202 - it would touch the bottom of the Parallel Channel and bounce back and continue the previous patterns
For now, the Risk of Falling based on NEWS is much higher given there are 3 back to back resistances the price has to negotiate (500, 545, 570) in near term
Even if the Sector starts a rally, Dalmia sugar might see a drag unless 570 is taken out. So, even if there is a Sugar Rush - better NOT to Rush on Dalmia Sugars. There are other sugar stocks to look into
Disclaimer:
Stocks-n-Trends is NOT registered with SEBI. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart. We neither follow Fundamentals nor Traditional Technical Analysis which bases its opinion on several Indicators.
We follow an Affective Neuroscientific Approach for Market Analysis - the branch of Science that deals with Human Emotions and Reactions based on emotions. Instead of controlling our Psychology, if we understand and be prepared to handle the larger market player's Emotional reactions - we improve our success rate
Please consult your Financial Advisors before taking any positions.
If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments
-Team Stocks-n-Trends
GBP/USD: Monthly and Daily Support Could Encourage Buyers North Looking at GBP/USD from a technical point of view, it is clear the pairing is higher in the long term, recently forging a fresh YTD high at US$1.3267.
Monthly Chart: Scope for Further Buying
Based on the monthly timeframe, the fresh high positioned price north of resistance coming in at US$1.3111, which could now deliver support to the market. The next port of call for the monthly chart can be seen at resistance from US$1.3483; therefore, assuming US$1.3111 holds as support, further outperformance could be on the table.
Daily Chart: Holding at a Decision Point
The daily timeframe is interesting, as the unit trades from a decision point zone at US$1.3081-US$1.3130 formed before breaking the US$1.3142 peak established in mid-2023. As a result, this is an important zone from a technical standpoint and is currently holding ground.
H1 Chart: Breakout Higher Could Trigger Buyers
Looking at things from a shorter-term perspective on the H1 timeframe, a descending channel is in play, extended from the YTD high of US$1.3267. With the currency pair unable to venture south of the US$1.3110 lows fashioned last Friday (black arrows) and price action now seen breaking out above channel resistance, this could trigger GBP demand, backed by the monthly chart trading above resistance and the daily chart testing a decision point zone.
USDJPY 145.835 145.834 MULTI-TIMEFRAME ANALYSIS + intraday setupHELLO TRADERS
Hope everyone is doing great
📌 A look at USDJPY from MULTI TIME-FRAME ANALYSIS
USDJPY 4H TF
* Tue. opens strongly bearish with the 7am SAT possibly forming a CHOCH on the 4H
* Trading out of a sweep on an long term high.
* 4H iFVG formed
* This is where I would to short the USDJPY should this structure be respected.
* looking for PO3 rules towards the upside to continue lower.
* The weekly & daily TF show we are still showing signs of a BEARISH move still.
* But seems we may see a push up before continuation with the bears with resting LQ above.
* USDJPY took External range LQ, looking for that internal range LQ to be taken.
* We are trading in DISCOUNT of the move,This is where I would be looking for short entries.
* We saw a rally with the bears, strong momentum to the downside.
* Looking at the 1H FVG, this is where I would look for SHORT entries this week.
* Should this PD ARRAY hold will be SHORT for the GJ intraday.
* BASED on the price action served.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
*
Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
GBPUSD Week 35 Swing zonesSupport and Resistance is all about identifying previous price interest areas, @PinchPips a step further is taken in calculating these areas before the occur; This is not a magic trick, but careful mathematical analysis.
As price has been missing entries by some small margins, new levels are calculated(black lines) to catch big swings.
Upper SZ: 32498 - 32548
Lower SZ: 31792 - 31742
As always, price action determines trades.
Chart Patterns Within Patterns: A Guide to Nested Setups Daily Chart Analysis:
Pattern Overview:
The daily chart shows an Ascending Channel formation, which generally indicates a bullish trend but can also signal a potential reversal if the upper trendline acts as strong resistance.
Within the ascending channel, there are continuation patterns such as smaller bull flags, which suggest bullish momentum continuation.
Key Resistance and Liquidity Zone (LQZ):
The upper trendline of the ascending channel aligns closely with the recent highs around the $2,530 - $2,540 region, creating a significant resistance area.
The 1-Hour Liquidity Zone (LQZ) at $2,486.793 is marked below the current price, indicating potential areas where price might retest before any significant upward or downward move.
Potential Reversal Signal:
The upper boundary of the ascending channel has recently been tested multiple times, and each time, there has been a slight pullback, indicating selling pressure. This could be a precursor to a possible reversal if this level is not broken with conviction.
4-Hour Chart Analysis:
Nesting Patterns:
The 4-hour chart also reveals several nested patterns within the broader ascending channel, including smaller bull flags and a potential double-top pattern forming at the resistance zone.
The price action is consolidating below the resistance line at $2,530.750, creating a possible Double Top scenario, which could indicate a bearish reversal if confirmed by a breakdown below the neckline support.
Impulse and Correction Phases:
The recent impulsive moves upwards have been followed by corrective pullbacks, which have been forming higher lows, reinforcing the bullish bias in the medium term.
However, the proximity to the resistance and the potential double-top formation might signal caution for long positions.
1-Hour and 15-Minute Chart Analysis:
Short-Term Structure:
The 1-hour chart shows a more detailed view of the recent consolidation phase near the key resistance level. There are signs of weakening momentum as prices approach the upper trendline.
The 15-minute chart further shows a tightening range and potential bear flag or a descending channel, which could indicate a short-term bearish continuation if the lower trendline of this smaller pattern breaks.
Critical Levels:
The support level around $2,486.793 (1HR LQZ) is critical for intraday trading. A break below this could lead to a sharper correction towards the lower boundary of the ascending channel on the daily chart.
For bullish continuation, a clear break above the $2,530 - $2,540 resistance with strong volume would be needed to confirm further upside potential.
Trading Strategy and Recommendations:
Bullish Scenario:
Look for a strong breakout above the $2,530 - $2,540 resistance on the daily chart, accompanied by increased volume and a break above the smaller continuation patterns (flags) on the lower timeframes.
Enter on a reduced risk entry after a pullback to the breakout level, with stops placed below the recent consolidation range or the 1-Hour LQZ.
Bearish Scenario:
Watch for a confirmed Double Top breakdown on the 4-hour chart, with a clear break below the neckline support around $2,486.793.
Consider short positions on the break of the neckline or after a retest of the breakdown level, with stops placed above the recent highs or the upper boundary of the descending channel on the 15-minute chart.
Risk Management:
Given the proximity to a key resistance level and the potential for a reversal, it is crucial to manage risk carefully. Use tight stops and consider reducing position size until a clear directional move is confirmed.
Bulls HnS's Prec.Metals below. Plz-read-Friday Gold Commentary!
There are some bullish Head 'n' Shoulders patterns today in Precious Metals.
1st up see charts for Palladium XPDUSD. This is a bullish H & S's on multiple timeframes. 5m played out earlier in Asian session but we still have setups on the 1HR, 2HR and 4HR charts.
If Mr Powell gives the market the boost and shot-in-the-arm that I think he will today because I am guessing he has been a bit on edge lately like a trader who just lost 30k in a day. I am hopeful we will get a good run today Long in precious metals. Mr Powell speaks at 10am Eastern USA & Canada.
Be aware that some of these setups have already retested and others have not, but I will do my best to guide you through it with an alert if Entry becomes noticeable to me in the charts later. This is of course if you are a newer trader. I know most of you are experienced.
Gold on the Brink: Major Price Shift Expected – Will It Surge?Key Observations:
4HR Channel:
The price is operating within a larger ascending channel on the 4HR timeframe. This channel is guiding the overall bullish momentum seen in the price action.
Weekly Flag:
The upper trendline of the weekly flag intersects with the current price movement, suggesting that this is a significant resistance level. The price is showing a potential reversal as it interacts with this upper boundary.
15M Channels:
Ascending Channel at the top of the 4HR channel: This smaller ascending channel within the larger 4HR channel might suggest a short-term bullish continuation, but it's also positioned at a critical resistance level, indicating a possible exhaustion point.
Descending Channel: Indicates a corrective phase within the overall uptrend. The price broke out of this descending channel, which led to the recent upward momentum, aligning with the weekly trend.
Potential Scenarios:
Bullish Continuation:
If the price manages to break above the ascending channel at the top of the 4HR channel, it could signal a strong bullish continuation. The price may retest the upper trendline of the weekly flag before further advancing.
Bearish Reversal:
Given the significant resistance from the weekly flag’s upper trendline and the upper boundary of the 4HR channel, a rejection here could lead to a decline. This might trigger a correction back down towards the lower liquidity zones (LQZ) marked on the chart.
Considerations:
Liquidity Zones (LQZ):
The 15M LQZ around 2,485-2,477 is crucial. A break below these levels might confirm a bearish reversal, while a bounce could suggest accumulation before another upward push.
Mass Psychology:
As price approaches the upper resistance levels, watch for potential signs of exhaustion or overbought conditions, which could reflect a shift in trader sentiment, leading to a reversal.
Strategic Approach:
Risk vs. Reduced Risk Entry:
If looking to enter a trade, consider the possibility of a reduced risk entry on a corrective pullback to the lower 15M LQZ if the price respects these levels. Alternatively, if the price breaks above the ascending channel, a riskier entry might be taken on the breakout, with stops placed just below the channel's boundary.
Multi-Touch Confirmation:
Watch for a third touch or more on either the upper resistance or lower support levels to confirm a potential reversal or breakout, as per the rule of three discussed in your uploaded materials.
This setup requires careful monitoring, especially at critical support/resistance levels, to determine the next directional move with confidence.
Gold's Explosive Breakout: Is $2,550 the Next Stop?Updated Technical Analysis: XAUUSD (Gold Spot)
1. Market Structure and Key Patterns
Weekly Flag Pattern (Higher Time Frame)
Formation: On the 4H chart, we observe a textbook weekly flag pattern where the price consolidated in a downward-sloping channel (flag) after a strong bullish move (flagpole). This consolidation usually represents a temporary pause in the overall bullish trend, with a potential breakout to the upside signaling a continuation.
Breakout Confirmation: The price has broken out of this flag, aligning with the broader market's bullish sentiment. This is a key signal for continuation traders, suggesting that the previous consolidation phase is complete, and the market may be resuming its upward trend.
Ascending Channel (Lower Time Frame)
Channel Dynamics: On the 15M and 1H charts, the price has been moving within an ascending channel, which indicates a series of higher highs and higher lows—a sign of a bullish trend. This channel has been respected multiple times, indicating that the market participants are recognizing and trading off this structure.
Channel Breakout: The breakout above the channel’s upper boundary is critical, as it suggests that the bullish momentum is accelerating. This breakout aligns with the breakout from the weekly flag, adding confluence to the bullish outlook.
2. Key Levels and Liquidity Zones (LQZ)
Resistance Zone (Broken)
Previous Resistance: The blue rectangle on the chart marks a significant resistance level where the price previously struggled to break above. After several attempts and consolidations near this zone, the recent breakout indicates that the sellers have been overwhelmed by buyers.
Potential Retest Area: The broken resistance could now serve as a support level. A retest of this zone could provide a high-probability entry for traders looking to join the trend. This area is crucial for validating the strength of the breakout.
Liquidity Zones (LQZ)
LQZ at $2,485 and $2,477: These zones, identified on the 15M chart, are areas of high trading activity, often leading to significant price reactions when revisited. The price did not retrace deeply into these zones before the breakout, indicating strong bullish momentum.
3. Implications of the Breakout
Momentum Shift:
The breakout above the resistance zone at approximately $2,509-$2,510, followed by a rapid upward move to $2,520, indicates a shift in market sentiment. The rapidity of this move suggests a possible short squeeze or significant buying interest pushing the price higher.
Potential Targets:
Short-Term Targets: Immediate resistance can be anticipated near psychological levels like $2,525 and $2,530. These levels often act as short-term hurdles where some profit-taking might occur.
Longer-Term Targets: Given the alignment with the weekly flag breakout, the price could aim for more distant targets around $2,550 or higher, depending on how momentum sustains.
4. Risk Management and Trade Execution
Entry Strategy:
Reduced Risk Entry: Awaiting a pullback to the broken resistance zone around $2,509-$2,510 for a long entry. This approach reduces the risk by confirming that the previous resistance has turned into support.
Aggressive Entry: Traders could enter on any minor pullbacks within the ongoing momentum, with stops placed just below the breakout zone or recent swing lows. This is riskier but capitalizes on the strong momentum.
Stop Loss Placement:
Below Breakout Zone: Stops should be placed just below the $2,509 level to protect against a false breakout. Alternatively, more conservative stops could be placed below the previous swing low around $2,497-$2,500, depending on risk tolerance.
Trailing Stops: As the price moves in your favor, consider trailing the stop loss below higher lows on lower time frames (15M or 1H) to lock in profits while allowing the trade to breathe.
5. Momentum and Volume Analysis
Volume Confirmation: Look for volume spikes accompanying the breakout. Higher volume supports the legitimacy of the breakout, whereas a lack of volume could suggest a potential for a pullback.
6. Mass Psychology and Sentiment
Sentiment Dynamics:
The breakout could be driven by a shift in market sentiment, with traders and investors who were previously on the sidelines now entering the market. This FOMO (Fear of Missing Out) can fuel further buying.
Contrarian Signals: While the breakout is bullish, be wary of excessive euphoria. A sudden surge in buying could be followed by a sharp pullback as early buyers take profits. Monitoring sentiment indicators and social media trends can offer additional insights into potential sentiment extremes.
Conclusion
The current technical setup for XAUUSD is strongly bullish, with the breakout confirming the potential for further upside. However, risk management remains crucial, particularly in ensuring that stop losses are placed appropriately and that any pullback is closely monitored for signs of support. The alignment of the weekly flag breakout with the shorter-term ascending channel breakout adds significant weight to the bullish case, making this a high-probability setup for continuation trades.
USOIL 77.00 +1.28% SHORT SENTIMENT MTF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at USOIL from HTF - MULTI TIME-FRAME ANALYSIS
USOIL DAILY TF
* Wednesday saw strong bullish momentum coming into play, with Thur & Fri cont. this move.
* The weekly & daily TF show we are still trading in a range on the USOIL.
* USOIL took External range LQ, looking for that internal range LQ to be taken.
* We are trading in discount of the move,This is where I would be looking for long entries.
* With PO3 looking to open bullish this week to confirm a move Lower into +FVG on USOIL.
USOIL 4H TF
* Looking for the week to open Bullish into the 4h FVG because our HTF BIAS (PO3) .
* WEEK open I will probably be looking for short positions OPPORTUNITIES.
* We will see what does the market dish.
* On the 4 hourly ERL > IRL.
USOIL 1H TF
* We saw a rally with the bulls, strong momentum to the upside.
* The is a 1H FVG, this is where i would look for short entries this week.
* Should this PD ARRAY hold will be short for the USOIL
* BASED on the price action served this week.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
XAUUSD 2.431 +0.16% LONG SENTIMENTS ON HTF HELLO TRADERS
Hope everyone is doing great
📌 A look at GOLD from HTF - MULTI TIME-FRAME ANALYSIS
GOLD DAILY TF
* Thursday saw strong bullish momentum coming into play, with Friday cont. this move.
* The weekly & daily TF show signs of bullish continuation on Gold.
* As Gold took internal range LQ, looking for that external range LQ to be taken.
* Friday closed leaving a FVG+ This is where I would be looking for long entris.
* With PO3 looking to ope bearish to confirm a move higher on GOLD.
GOLD 4H TF
* Looking for the week to open bearish because our HTF BIAS is BULLISH (PO3) .
* WEEK open I will probably be looking for short postions before looking long.
* We will see what does the market dish.
* On the hourly ERL > IRL.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,BOOST & LETS TAKES SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT SOPPORT BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
AUDUSD 0.65718 -0.31% SHORT IDEA MTF ANALYSISHELLO TRADERS
Hope everyone is doing great
📌 A look at AUSSIE from HTF - MULTI TIME-FRAME ANALYSIS
AUDUSD DAILY TF
* Thursday saw strong bullish momentum coming into play, But friday closed within the range.
* The weekly & daily TF show we are still showing signs of a bullish move.
* But seems we may see a reversal before continuation with the bears.
* AUDUSD took External range LQ Mon. the 5th, looking for that internal range LQ to be taken.
* We are trading in discount of the move,This is where I would be looking for long entries.
* With PO3 looking to open bearish this week to confirm a move higher into premium PD ARRAYS.
AUDUSD 4H TF
* Looking for the week to open BULLIS into the 4h -OB because our HTF BIAS (PO3) Is bullish .
* WEEK open I will probably be looking for long positions OPPORTUNITIES.
* We will see what does the market dish.
* 4H lookin for a push into the -OB (po3) to sell intraday .
AUDUSD 1H TF
* We saw a rally with the bulls, strong momentum to the upside 1H DEFINITELTELY bullish.
* Looking at the 1H -OB, this is where I would look for LONG entries this week.
* Should this PD ARRAY hold will be Short for the AUDUSD.
* BASED on the price action served this week.
HOPE YOU ENJOYED THIS OUT LOOK, SHARE YOUR PLAN BELOW,🚀 & LETS TAKE SOME WINS THIS WEEK.
SEE YOU ON THE CHARTS.
IF THIS IDEA ASSISTS IN ANY WAY OR IF YOU ENJOYED THIS ONE
SMASH THAT 🚀 & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
STOP being my liquidity!! Understand what's really happening!I show it to you every day - I show you exactly how the market traps buyers/sellers and turns them into liquidity i.e. stop losses for the real traders. If you find yourself getting trapped and faked out more often than not, WATCH THIS VIDEO! Understand what is happening in the market!
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Otherwise, for those students who are truly trying to read the markets and profit from every single move - come learn with me! These videos I post are all you need! Watch my last 4 videos on TSLA and you'll start to understand what is really happening in the market and how to take the clowns' money instead of giving it to me.
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