


VarghaVafa
PremiumRounded / double-top: Two rounded peaks formed at ≈ $335-340 with a clean neckline at $295-297 (yellow arcs on my chart). Break confirmed: Friday’s candle closed below the neckline on above-average volume, triggering the pattern. Measured-move math: Height of the top (≈ $40) projected beneath the neckline points to $255 for a full 100 % target. Volume-profile...
Ascending triangle: Since mid-June price has carved higher-lows beneath a flat supply shelf at $276-278. Coiled energy: Volatility keeps compressing; each dip is met with faster buying—classic “pressure-cooker” price action. Measured–move math: Pattern height ≈ $18 ($258 → $276). Add that to the breakout level ($276) and you land at $294—smack in the middle of...
Why This Setup Caught My Eye Multi-year rising channel: Since late 2022 price has respected a neat parallel channel; we’re now testing the upper rail. Fresh bull-flag breakout: The June pullback carved a tight triangular flag. Last week’s high-volume close above $83 confirmed the breakout. Measured-move logic: Flagpole ≈ $15 (from the March swing-low $68 → May...
Why I Like the Setup Secular Up-Channel: Since mid-2023 price has respected a textbook rising channel (~$30 tall). Fresh Breakout Attempt: UBER is now pressing the upper rail near $100. A daily close above it would signal a new expansion phase. Measured-Move Math: Projecting the channel’s height from the breakout pivot (~$80) gives Target-1 ≈ $110-113; the 127 %...
Structure: Price broke out of a year-long falling-wedge and then punched through an ascending trend-line confluence at ≈ $17.00–$17.50. Impulse Leg (Yellow): The vertical rally that followed is ≈ $3.75 tall. Projecting that height from the breakout pivot ($17.00) gives 100 % extension = $20.78. Target Zone (Violet Box): $20.8 – $22.0 aligns with 100 %...