MY GBPUSD IN MIDTERM VIEWwe should be looking for opportunity to go short on cable as long as 137 and 138 hold
Roundingbottom
EOS EOSUSD - Rounding bottom + NEW ATH soon!- This is my analysis for EOS, a lot of poepole asking about why EOS is not pumping.
- On the chart we can see a rounding bottom or cap and handle formation, which is bullish.
- After a rectangle consolidaton, the price started with an Impulse Elliott wave.
- First target 1:1 / below all time high.
- RSI is ready and volume favors bulls.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- If you want to see more of these ideas, hit "Like" & "Follow"!
Cardano ADAUSD - Elliott Wave + Rounding Bottom! Cardano is currently breaking out to new ALL TIME HIGHS!
- On the chart we can spot a Symmetrical triangle - The price is creating higher lows and lower highs.
- Also, the price is above the ALL TIME HIGH level from 2018, which is very bullish.
- We will experience an acceleration to the upside in a few days!
- Cardano made a huge rounding bottom or cup and handle on the weekly time frame.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓
- Due to my Elliott wave count, we are currently at the 5th impulse elliott wave!
- If you want to see more of these ideas, hit "Like" & "Follow"!
AVAXUSDT in coming daysHi every one
AVAX/USDT
AVAX/USDT has formed a Big Rounded Bottom ! as you might know when we see a Rounded Bottom we can see a Incoming Bullish Movement In the Future! But the Price has yet to do a Massive Bullish Movement Due to the fact that the Price has not Managed to break this pattern yet And when it manages to Break the rounded bottom we can be sure the Price will Increase as much as the Rounded Bottom width. first It must break 20 resistance and In mid Term The Price can reach 40$ again!
-AVAX/USDT is in a Rounded Bottom.
-Massive Bullish Movement is coming
-It still need time to do A massive Movement(still in the rounded bottom)
-resistances are 20$ and 40$.
💎Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
Thank you for seeing idea .
Have a nice day and Good luck
Cardano ADAUSD - Road to 10 USD! Elliott Wave + Rounding Bottom!- Cardano is currently breaking out of the symmetrical triangle!
- Symmetrical triangle - The price is creating higher lows and lower highs.
- Also, the price is above the ALL TIME HIGH level, which is very bullish.
- We will experience an acceleration to the upside in a few days!
- Cardano made a huge rounding bottom or cup and handle on the weekly time frame.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- Due to my Elliott wave count, we are currently at the 5th impulse elliott wave!
- If you want to see more of these ideas, hit "Like" & "Follow"!
Care Ratings: Buy for 14% profitBuy Care ratings ,
Currently at 767.5 .
Keep stop loss at 690 on daily closing basis. Target will be 880 which is 14.7% up from current levels.
Keep a view of at least 3 months and buy.
**Ideas are my own**Take risk as per your risk taking ability**
BNB BNB rounding bottom pattern formation in 4h timeframe, there's breakout with nice volume indicating long.
Rain Industries LongRain perfect for medium term share( 3 month -1-2 year+).
Huge volume build up
Breakout with huge volume on weekly chart
Weekly candle breakout retest
Sector has tail wind
Consult your financial advisor
DFI.Money YFIIBTC - Rounding bottom + Ascending triangle- We can clearly see a rounding bottom printed on the chart.
- Also the price is above the blue ascending triangle.
- For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio (RRR) - please check my signature below ↓
- Buy YFII now (as it currently retesting the main support.
- Our target is 0.618 FIB.
- If you want to see more of these ideas, hit "Like" & "Follow"!
TRON Long Term View Possible 1-3-5 with growth cycles mapped in grey horizontal lines with prices on the line.
Rounding bottom pattern forming the swing low, confirmation based on whether the bullish volume is correct and price moves higher, confirming the rounding bottom as the actual bottom.
Risk is that TRON just stops acting sending the perceived value to zero.
What is Rounding Bottom Pattern?What is Rounding Bottom Pattern?
Round bottom can be identified when the price changes graphically form the shape of a "U" on charts. It is also called a saucer bottom pattern. It shows potential reversal in price movements. It shows a very slow and gradual turn from down to sideways to up. The longer it stays the longer the more possibility it gives for reversal.
How does Rounding Bottom Pattern Work?
Rounding Bottom Pattern can be divided into three phases:
1. Declining Phase
The decline phase indicates the excessive supply which leads to the price decline.
2. Sideways Phase
After the excessive supply and price decline their is nor demand or supply. Which leads to sideways phase. Usually the prices in this phase will trade flat which means price movement will be very less here with the volume.
3. Recovering Phase
Here in Recovering phase demand start to rise again. Due to excessive demand the price starts to recover.
Above Chart Example:
Here you can see the Bitcoin chart at 1 Day Time frame. It is forming the same Rounding Bottom Pattern. You can see the price price declining in the first phase of the pattern with good volumes.
After that we can also see the sideways phase where the price did not move much.
And finally last phase the prices start to recover again. Here traders can enter in long position after the prices breakout the resistance.
Conclusion:
Hence, Rounding Bottom Pattern is a rare long term reversal pattern to identify the end of a downtrend and the beginning of a potential uptrend.
Disclaimer:
This is just an educational post never trade just any pattern. And please do your research before taking any trades.
Buy at all dips.Bullish momentum.2Year Rounding bottom formation.Buy at cmp-136 with SL of 120. Target-154,200,280.
SONACOMS - Breakout in Hourly chartRounding bottom breakout on hourly charts of recently listed SONACOMS, new high is possible.
Disclaimer - This is just for educational purpose and not a trading or investment advise
SWSOLAR | Formation of Rounding bottomThere is formation of Rounding Bottom on charts of SWSOLAR and very soon breakout of Rounding Bottom is expected, however there are minor resistances at the levels of 300, 312 and 330.
if it cross these resistance then it can test the levels of 350-380 or more.
Disclaimer- this is just for educational purpose and not a trading or investment advise
Century textile - 790 on cardsCentury textile trading just near to all time high and also forming a rounding bottom pattern. 640-660 is a resistance zone, if it breaks then level of 790 is possible
Disclaimer - this is just for educational purpose and not a trading or investment advise
Rounding bottom BO in AJMERAIn addition to previous idea 'Possibilities in Ajmera Realty & Infra India Ltd', it can be noted that there is breakout of rounding bottom pattern and a straight line resistance of about two and half years.
Disclaimer - This is just for educational purpose and not a trading or investment advise.
INDIAN Bank - Rounding Bottom BORounding bottom breakout in Indian bank @152-153, according to Fibonacci and previous resistance levels the price can climb upto 200 with resistance 166, 180 and 185. 200 is not far.
Disclaimer - This is just for educational purpose and not a trading or investment advise.
Rounding Bottom Pattern FormationBullish View :
765 above Close for 1 day,
Target 800, 850, 900
SL : 700
Risk is yours and Reward is too yours totally
The Worst is Over for Union BankMonthly Chart : Rounding Bottom Pattern formation,
CMP: 39.35
Bullish View,
Target : 78, 128, 190+
SL: 30 : 1 day close base.
Risk is yours and Reward is too yours totally
Time Frame: 1-3 Years approximately as per technical analysis principles.
This trade idea is like LAME HORSE, Kindly Think twice before entry ...
BUY Can Buy ASTRA MICROWAVE above 180 SL 155.Follow proper qty management. Looks multiyear breakout
This is view not recommendation kindly contact your financial advisor before making any decision .
AKBA 4HRNASDAQ:AKBA 4HR chart is setting up a nice buy signal. It has a very large rounded base followed by a trendline break. Additionally, the 50 EMA is about to cross above the 200 EMA.
FIZZ pop?Something's up with this one and I'm suspecting it's about to start a legit uptrend. It's pulling back to test MAs from above, plus the rounded bottom is helpful.
Intuitively, last week in meditation I got the word, "suds". I looked for a ticker and found none.
That night my husband insisted on putting on a show about bubbles (that he had already watched before). I didn't tell him about the word suds I had received until after he put it on.
But, it didn't end there because when I let my pendulum pick a stock out of huge list, what did it pick?? FIZZ. Then, I got the lightbulb moment and checked into it.
I had today as a day to buy it and my dowsing is suggesting an uptrend and I get 42+/- days for this trend. This is a longer window and I'm not practiced much on these, so we'll just have to see. I'll post a target when I get one, otherwise I think it's just time-based.
ACTION CONSTRUCTION EQUIPMENT LTD Spotted:
Round Bottom.
Inverted Head and Shoulder
Ride the Breakout.
