STOCK IN MOMENTUM...NSE:SUNDARMFIN trade at 4880 level. Stock trade its ALl TIME HIGH LEVEL, You can watch for an Upside movement after breakout.
Brakeout
TCS BrakeoutWe can see that the TCS was in down Trent. It formed with higher high with higher low formation and now it braked to the last higher high. There is a chance to change this trend in to the up Trent. You can keep eye on this stock. Its for the medium or long term investment. Its a fundamentally strong IT stock. You can keep SL also that will help you to get this stock at best rate.
Weekly and monthly breakeout stock or soon to be break outonce cross 647 on closing . then it might have more .....
Weekly and monthly breakeout stock or soon to be break outIndus tower stock trades on indian market is going to ready for break out after six years . It is on rounding bottom pattern . On both weekly and monthly it is ready for break out . On both time frame rsi is also on higher side .
XLP Potential Breakout on Consumer Staples Sector $XLPXLP Potential Breakout Analysis
AMEX:XLP is showing signs of a potential breakout based on technical analysis. This could present a favorable opportunity to consider investing in the Consumer Staples sector.
Why Consumer Staples Sector?
The Consumer Staples sector is known for its stability and resilience during market fluctuations, making it an attractive option for investors looking for a defensive position. These companies produce essential goods that people need regardless of economic conditions, providing steady demand and consistent performance.
Interesting Companies in the Consumer Staples Sector:
Procter & Gamble ( NYSE:PG ): A multinational consumer goods company with a diverse portfolio of products ranging from household essentials to personal care items. Its strong brand presence and global reach make it a reliable choice for long-term investors.
Coca-Cola ( NYSE:KO ): A leading beverage company known for its iconic brands like Coca-Cola, Sprite, and Fanta. With a focus on innovation and expanding into new markets, Coca-Cola remains a solid pick in the consumer staples industry.
Colgate-Palmolive ( NYSE:CL ): A well-established company specializing in oral care, personal care, and household products. Colgate-Palmolive has a history of consistent growth and brand loyalty, making it a dependable investment option.
Investing in these companies within the Consumer Staples sector could provide a balance of stability and potential growth opportunities. Keep an eye on AMEX:XLP for further developments to capitalize on the potential breakout.
Bullish or bearish Btc from a head and shoulders in 1 hr time frem an at this rassistanc point
There are two possibilities over head it can be bullish from hear and again gongor all Time high if it's break the pattern and retest it
There is other side of this two
If it's failed this pattern then we can again
Seen a all the ways down till the 60000 fall expected in 2-3 days
Which ever is side Break thak your tread accordingly
EURUSD rise continues Yesterday we saw another rise and break of the previous high in EURUSD.
The first level of the Fibonacci extension based on the last impulse - 1.0996 - has already been worked out.
The next level is at 1.1060, and shortly after that is the important resistance level of 1.1080.
In this zone, we expect more serious resistance and a possible deeper correction.
DOGEUSD [1h] Brake up down trend???As you can see on chart DOGEUSD about to brake up down trend in a few days.
Be your advisor!
Can XNGUSD short squeeze?XNGUSD on the weekly chart showing two years of price action with weekly candles
shows the rise in 2021 into spring 2022 then printing a head and shoulders pattern
and the reversal to deep into the support/demand zone. The volume profile shows
the majority of the trading during this time period to have been between $3.75 and
$ 8.50. It would seem likely that there are a sizeable amount of short sellers holding
positions with unrealized profits of 50% to as much as 300%. This past week had the
best buying volume in six months and provides bulls with optimism
If natural gas can gain some momentum and put in green candles with a decent price range for
a couple of weeks in a row, the combination of new buyers with new interest and short sellers
liquidating and buying to cover their unrealized gains might ignite a bit of a rally for natural
gas. I will keep natural gas on watch. I will keep in mind that a breakout without a
corresponding volume the response could be a fakeout. A stop loss would be $1.95 below the
support zone while the final target would be $4.75 below the POC line. Interval take profits
would be 10% of the forex lots every time the price rises by $0.50 for risk management and
good profit taking while underway.
XEN Time Again?Patience is a virtue and is definately necessary trading low liquidity alt coins.
Low liquidity is what allows massive upside but like leverage trading it also alows for massive moves to the downside.
Xen has been showing signs for a few days that sell pressure is decreasing.
There was hope a few days ago of a reversal after retracing 50% of its 10x move up from the bottom. Unfortunately we did see a small relief pump but have continued down.
We have now retraced to our last real high volume node just below the 61.8 level.
There is a CLEAR down trend on the chart and braking this trend at the last real support level would be extremely bullish for a serious relief pump or full reversal and continuation to new highs.
We are looking for a brake of this trend at 0.0000045 and HOLD or retest before swaping from eth back to xen.
This chart is a daily bar chart showing the amount of time it took to exaust our first real uptrend. Typically this is a good indication of how much time it takes to complete one cycle.
Looking at the oscillators we can also see the wave trend is bottoming out and the stochastic is starting to curve slightly to the upside.
We have marked the dates on the chart along with 25% time increments to monitor progress.
XEN VS HEX Price PerformanceIt is time for hexicans to be intellectually honest and drop the xen scam narrative or put hex into the same category. At the end of the day these are two high performing assests in this rally.
Just taking a non biased opinion and following the price action it is abundantly clear that Xen is out performing HEX in this rally.
Facts are simple Feelings are complex.
Xen = 775% in only 39 days
Hex = 650% in 89 days
Math is simple. Xen pumped 125% more in less than half the time.
The most interested part of this comparison is the counter cycle between the two that would be insanely profitable if it continues.
Looking at the chart the same day that hex started dumping xen started pumping.
Going forward we will be monitoring this very closesly to see if there is any correlation in the reversal for each.
Check back and see if this side by side comparison shows xen dumping as hex starts pumping and vise versa.
If it does and you are intellectually honest about these assest and not married to your favorite crypto coin it may prove very profitable.
$UNG ready for correction? for the next few weeks I believe we will have at least a bounce from this area
volume is increasing in the last month
we are below the 2020 lows and all this price action can be a false breakout from that area(only a guess)
remember: I am treating it as a long term trade
btc bitcoin to 30k after result hello traders i have an after result have posted the signal bitcoin to 30k so everyone can be on board if you were in this trade let me know comment down below it is not a guess work understanding price action and the mechanics behind it is the key to this . amazing trade few days hold only this is life changing big move on btc after a long accumulation
USD/CAD Still bullishHello Traders , with break 1.37900 monthly support level , i expect the price reach the next resistance at 1.38780 this is a first stage,scenario is different if a pair fall under support at 1.37900
GOLD POSSIBLE MOVE H4Hi traders, i am looking price action on gold for the downside.
NOTE : My view or idea is just a technical base not combined with fundamental GOOD LUCK.
ETHEREUM- can we take this as a breakout?!Hello everyone
In today's charts we had brakeouts on almost all of the crypto assets(NFT's not included).As for ETHUSDT we have a breakout of the resistance level 3050$ which is not a key level YET. We have started the week with a green candle yesterday,So lets hope for the best( everything in this market is 60%-40%).
Considering the last 3 candles on the daily chart on ETH which left an engulfing pattern behind, we may see a good changes in the next couple of days, but just to make sure about the better market, I believe we need a daily candle with smallest shadow possible.So for now this is not a breakout for me as an investor, but for me as a trader, I'm always in.
Next resistance level 3200$
Next support level 2950$
Short _ ETC Looks good!
But if we are not globalized then are we are normalized?
We still need to take part ...
like ETC is doing now, quickly and vertically!
Let's C ... $55+ by April 1st is my target
EUR/JPY - Wait for BreakMonthly:
1. Very strong push to the upside after break
2. The price now face stron resistance
Looks Neutral for now
Weekly:
1. Double Top
2. Break of strong support level
3. Neckline test with rejection
Looks bearish for the moment.
If see bearish signals on lower timeframe
i will sell.
Daily:
1. Morning star formation from the bottom
2. Inverted Head and Shoulders pattern
Inverted Head and Shoulders pattern is trend
reversal structure so I will watch carefully what
will happend next week.
4H:
1. Inverted Head and Shoulders
If brake up will be good chance for buy
when pullback for test.
If brake down will be good chance to sell
when pullback for test.
U.S. Dollar / Swiss FrancThe price is now doing a retest after breaking the bearish trend. It is expected that it will happen strongly bullish because there is a support area with it
Entry: 0.9350
TP: 0.93000
SL: 0.92100
SANDBOX more gain 🚀As I mentioned in my previous analysis ✔️
the price has start to dump and hit the lower targets 💣🐳💣
and now
it has been completing the retest of the descending channel
and
if the price stay above our support level, we can expect more gain
and
our targets and next resistance are located on the chart
This is not financial advice, always do your own research.
Please, feel free to ask your question, write it in the comments below, and I will answer.
🐋
The third breakout of BITCOIN (BTC) is comingThis third outbreak has already started under the "All" tab, with the peak expected by the end of March and the trough not quite defined, but I expect it by early June
Interesting two parallel channelHello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
KCSUSDT :
A big channel and a smaller parallel channel can be seen.
The price reached the upper line of the bigger channel and then reacted to the line and reversed.
At the same time, we see the price braked the small parallel channel and this is a trigger for a bearish wave to the lower line of the bigger channel.
Now, a pullback is seen to the smaller channel and it is a good opportunity to go short.
The target is the lower line of the bigger channel.
Buy and Buy Limit order on Gold D1I'm opening a half of my trade position on this breakout @ 1840 and I will be placing a Buy limit order @ 1829.00 for the other half with a stoploss below 1803.00 and a takeprofit1 @ 1880.00 an TP2 @ 1933. the price action has broken out of an upper trendline and fractal resistance.
