CL educate trying to breakout of consolidation Watch CL educate breaking out of a base. Check the chart for levels. Please do your due diligence before trading. Chart shared is for educational purposes only.
Rectangle
WTL, Bullish Trend Facing ResistanceTrading between Support and Resistance Zone
Broke Resistance 1
Currently facing resistance 2
Might retest Resistance area 1 before creating new high
Closing above Resistance 2 is must for next target
Breaking and closing of R2 will trigger it towards Rs.2
SNGP, Bearish Divergence on Target CompletionBullish Rectahgle Breakout
Projected Taregt Completed
Bearish Divergence Formation
Correction with RSI syncing Expected
Caution on taking long positions
Deere & Company: $DE - This Dinosaur is on the MOVE! 74% UpsideDeere & Company - NYSE:DE 🚜
Your not ready for this Dinosaur stocks next move! 🦖
One of the best High Five Setups I've seen!
-H5 Indicator is GREEN
-Bullish Rectangle Breakout that's retesting right now
-Stage 5 Setup, Breaking out of Stage 1 into Stage 2!
-Launching of AVP Volume Shelf with SPACE
-Wr% working on forming support to form the Williams Consolidation Box
🎯$565 🎯$762 ⏳Before Nov2028
NFA
GOLD (XAUUSD): Deep Consolidation & Your Trading Plan
Gold is trading in sideways range for more than 2 trading weeks already.
The recent high impact fundamental releases, did not manage to violate
its weakness.
Next week, pay attention to the reaction of the price to the support
and resistance of the underlined range.
If the price breaks and closes below 2605, it will open a potential
for a further bearish continuation to 2565.
Bullish breakout of the resistance of the range and a daily candle close above
2666 will confirm the strength of the buyers. The up movement will be expected
at least to 2715.
The absence of strong fundamental triggers will continue the consolidation.
Alternatively, you can trade the market within the range, buying from its support
and selling from its resistance.
❤️Please, support my work with like, thank you!❤️
TATAMOTORS | Time to BuyDisclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
WIF/USDT - ACCUMULATION PHASEWIF is in accumulation phase since 18 Nov ,
If WIF broke the accumulation zone then it will go for new higher highs.
We will enter at breakout of 3.655
#021 DCA AUDCHF BUY LIMIT INITIAL ENTRYAccidentally chanced upon AUDCHF trade.
I think I should give more attention to the entry time frame as well when scanning for setups.
Currently price is in a range since 26th November 2024, and I am betting on the support level holding.
I have included a link below showing my exact entry for the initial position.
Things might change as time goes by so we shall see.
Currently have SGDJPY Short and AUDCHF positions opened.
0954SGT 04122024
Consolidation breakout
Stock Analysis: Roblox (RBLX)
The chart indicates a classic breakout pattern after a prolonged consolidation phase:
1. Consolidation Zone : The stock traded within a range of $30-$50 for over a year, forming a strong base.
2. Breakout Confirmation : The recent price action has decisively breached the key resistance at $50 , supported by increasing volume, which signals strong buying interest.
3. Price Target : Based on the range height (~$20), the breakout projects a potential upside target of $70 or beyond in the medium term, provided the momentum sustains.
4. Risk Levels : Key support is now around the breakout level of $50 ; a retest could provide an opportunity for disciplined entries.
Conclusion :
This breakout highlights a bullish trend reversal for RBLX. While the setup looks promising, prudent risk management and market conditions should always be considered before entering a trade.
NAVINFLUOR | Time to Chemical StocksTime to Chemical Stocks !!!
Disclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
Intel Testing Previous Support Line We are in a critical zone right now. Patience pays. Wait and see which way the stock breaks.
Gold stuck in range. Levels to watch for directionThis week has been relatively quiet for gold traders, with the price confined to a narrow range between 2635 and 2655. In fact, aside from a few brief spikes, the price remains largely unchanged from Friday's close.
Looking ahead, this tight range is likely to break in one direction or the other. As mentioned, the key levels to watch are 2655 and 2635; a breakout above or below these levels could provide clearer indications of the next move.
For now, I am staying out of the market, awaiting further clarification, but I maintain a bullish bias.
Consolidation breakout 600+ posible
Indraprastha Medical Corp (4H Chart Analysis)
Current Price: ₹504.90
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Key Levels:
Support Zones: ₹450 | ₹392
Resistance Zone: ₹520
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Pattern Explanation:
Rectangle Consolidation Breakout:
Chart par ek rectangle consolidation ka pattern clear dikh raha hai, jisme price ne ₹450 aur ₹520 ke beech kaafi time tak move kiya.
Ab price ₹520 ke upar breakout kar raha hai, jo bullish signal hai.
Breakout ke baad price uptrend me ja sakta hai, aur ₹560 aur ₹600 ke levels ko target kar sakta hai.
Higher Highs and Higher Lows:
Price consistently higher highs aur higher lows bana raha hai, jo strong uptrend ko indicate karta hai.
200 EMA Support:
Price 200 EMA ke upar trade kar raha hai, jo ek long-term bullish sentiment dikhata hai.
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Volume Analysis:
Breakout ke time par volume me surge aaya hai, jo confirm karta hai ki ye breakout genuine hai.
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Trade Setup:
Entry: ₹520 ke upar breakout confirm hone par.
Stop Loss: ₹450 ke neeche (rectangle ke lower boundary ke neeche).
Target 1: ₹560
Target 2: ₹600
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Risk-Reward:
Risk-reward ratio favorable hai, agar price rectangle consolidation ke breakout ke baad momentum maintain kare.
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Conclusion:
Rectangle Pattern Breakout aur 200 EMA support ke saath, ye stock short-to-medium term ke liye bullish lag raha hai. Entry lene se pehle ₹520 ke upar closing aur volume ka confirmation dekhna zaroori hai.
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Note: Analysis technical basis par hai. Market conditions aur risk appetite ke hisaab se position manage karein.
EURCHF - Bearish TradePrice is moving in bearish trend with bearish rectangle continuation pattern.
Entry is at the breakout of rectangle.
Stop loss is above previous lower high
Apple Doesn’t Want to Fall From The TreeNASDAQ:AAPL JUST made a new all time high and we are currently at price discovery!
Any retrace toward $239’s - $238’s should be bought. There’s huge bullish momentum behind and this levels which aligns with previous highs, should hold.
If for some reason we get a steeper retrace then re enter at around $230’s for the ideal ENTRY which is not guaranteed taking into account current price action.
#022 DCA EURUSD SHORT Power MovePrice made a power move into a significant resistance level and I decided to short it.
I have placed the 1st Sell Limit at the next major resistance level if price does move against us.
I am currently in drawdown on the AUDCHF and SGDJPY trade but oh well, since I have yet to enter on anything EUR or USD I think this is a great opportunity for me to continue trading and also serves as some kind of hedge so long as EURUSD moves in our intended direction, or the other pairs I am trading recovers.
Shall see..
2335SGT 04122024
Is Solana Gearing Up for Another Rally?Since early October 2023, Solana has experienced an impressive 1,000% growth, reaching its peak on March 18, 2024. Following this significant rally, the price entered a corrective rectangle pattern, retracing 50% of the previous wave and preparing for the next upward move.
After breaking out of the corrective pattern and achieving notable growth, Solana has now formed a zigzag corrective pattern. The price retraced from the 38.2% Fibonacci level, which aligns with the March 18, 2024 peak. Additionally, the price has shown a positive reaction to the midline of the ascending channel.
Given this structure, it is expected that Solana will continue its upward trend and touch the upper boundary of the ascending channel.
If you found this (SOL) analysis helpful, let us know by hitting the like button! 💙
Where do you think Solana is headed next? 🚀
Drop your predictions and insights in the comments section below! 👇
NZDJPY - Important BreakoutHello Traders !
On the daily time frame,
The NZDJPY formed a rectangle pattern.
At the moment, The support level is broken !
So, I expect a bearish move 📉
_______________
TARGET: 87.350🎯
#016 DCA EURGBP BUYBuying into Major Support area on the 15 Minutes Time Frame's range.
Price is currently in parabolic sell, so I expect price to be rebounding off this major support.
Reason for parabolic selling is late scalpers coming into the game just like Labubu by PopMart's bottleneck release (limited stocks available). They think that they are able to sell Labubu for sky high prices because there's anaconda like queues outside official PopMart trying to get their hands on Labubu to resell for sky high prices.
Many people get burnt when PopMart released more stocks. Who would want to buy from scalpers when they can get it from official PopMart when buyers doesn't even know if the stock is authentic or not?
That's just template explanation. I don't know the actual reason why EURGBP is parabolic.
4H and 1H is going downward according to the 60SMA, but I am not going to sell into Major Resistance and I want to do something, and I think this opportunity is alright. Just don't be greedy.
I haven't place any Buy Limit Orders yet. Shall see.
Taking profit at the next Minor Resistance level as marked.
1802SGT 02122024
#017 DCA CADCHF SELLReversing my gears.
Shorting CADCHF now since price is in a range currently. I first thought of shorting CADCHF when I was browsing through my watchlist. But I decided to place my Sell Market on the Hourly for added confirmation because the Hourly Time Frame looks cleaner.
Actually the Time Frame doesn't matter. I draw the ratio ruler on Hourly because as mentioned, price looks cleaner on the Hourly.
Just going for a swing.
Haven't decided on Sell Limit orders yet. Shall see, also.
2013SGT 02122024
Japan Stocks: A Bullish Outlook Overlooked by ManyCheck out XETR:DBXJ - draw the same lines you see here. The outlook is clear: once the market breaks out of the rectangle upwards, it's a bullish entry signal. But that's not the whole story! If CME:NKD1! climbs higher, we're looking at all-time highs, surpassing 1989 levels. After that? The sky's the limit!
Bullish Outlook on Japan Stocks!Notice the bullish formation drawing on the Japanese stock market on the weekly timeframe! An up breakout will confirm it's time to ride this bull. But there's more! Don't forget the big picture. The Nikkei 225 is close to breaking its all-time highs from 1989, which would be a massively bullish signal. Keep an eye on this!
Cipla ready to breakoutThe price action suggest, it might break out above at least 1300.
Still chances to move until 1320. Targets calculated with fib.
Within this month we could see Cipla crossing 1300.
