Hey traders! Today, we're looking at #TATACOMM, a stock that has recently broken out of a consolidation pattern with strong volume and support levels. As you can see from the chart, #TATACOMM has formed a consolidation pattern and has recently broken out of this pattern with a strong daily close above the breakout level. This indicates that there is significant...
Hello,Traders! EUR-GBP broke a support Cluster of the horizontal And rising support levels Around 0.874 and the Breakout is confirmed Because the 1D candle Closed below the confluence So a bearish continuaton Is now to be expected on The pair after the Potential pullback Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
✅EUR_USD was trading along the Rising support for a while but now We are seeing a bearish breakout Which is confirmed so I think that After the pullback and retest we Will see a further move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
✅EUR_GBP was trading above The key horizontal level of 0.873 But then a bearish breakout Happened and the breakout Is confirmed thus a bearish Continuation is to be expected SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hey Traders👋🏻 On The Daily Time Frame The NZDJPY Price Reached A Resistance Level (584.812-85.246) ! Currently, The Price Broke The Key Level (Resistance Level Becomes New Support Level) If Price Stays Above The Key Zone, NZDJPY Can Continue The Bullish Move 📈 ----------- TARGET: 86.848🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
- FTNT has broken the floor of the rising trend channel in the medium long term, which indicates a weaker initial rising rate. - FTNT has met the objective at 66.36 after a break of the double bottom formation. - FTNT has support at 62.70 and resistance at 69.40. - Overall assessed as technically positive for the medium long term. *EP: Enter Price, SL: Support,...
+14.73% MoM at the moment of editing. But more important than this percentual gain is what this candle represents. This market had been ranging between the $3.5 & $5.5 thresholds for the past 12 months after a brutal sell off. This month, after a shy breakout above the 10 EMA (M), this market is trading close to $6, with that proud green candle breaking above...
Ambuja cement trading above ascending triangle pattern. Target 440 SL below 400 daily candle close.
Sideways movement continues, and yesterday again drop below 1,000. Tomorrow is the US inflation data and we will probably see a breakout. This will confirm the direction and will give us entry opportunities. For now, the more likely direction remains upward , with GBPUSD still look better.
The stock has finally broken out towards the upside after a lengthy period of consolidation, and all signs point towards potential gains. With the momentum firmly on its side and various technical tools indicating a clear path towards higher levels, now is the time to consider jumping on board. Apollotyre has the potential to soar towards price targets of...
The American Dollar Index (DXY) appears to be forming a double bottom pattern similar to the one it formed in March 2022. This pattern is considered a bullish chart pattern that indicates a potential trend reversal from a downtrend to an uptrend. A breakout from this pattern could trigger a significant rally in the dollar, possibly up to the 110 price...
Hello traders us30 is in down trend even we are over all bullish we can sell also specially in the index pairs they are good for scalp can get massive pips ,on a 4hr we are in a down trend in a correction trend so we can sell on a new possible lower high for a lower low
Reasons for the cup and handle to breakout: Infy - Cup and Handle - waiting for breakout Retest done at RBR candle in daily Huge possibility for gap filling Nasdaq has tested the current supply zone multiple times and ready for breakout TCS is in the clear up trend. Some short covering positions is holding the infy to breakout. Huge OI is formed at 1300...
The price Trading in Descending Parallel Channel. Double Bottom Neckline Breakout seen in daily chart.30% Correction Seen from 7778 Level. Looking Good for investment point of view. Positional Targets 6100/6344/6505+
Interest rates from the FED and ECB came through, and on Friday we also saw the jobs data. This week the most important news will be on Wednesday. EURUSD is heading back to a test of previous highs. On a break, the next resistances are 1.1150 and 1.1275. The uptrend breaks down on a drop below 1.0965!
Hello traders Gbpusd is in a key zone to break it to reverse from it so i tried to look what dxy is doing and it has high probable we might see higher prices that will result in lower prices on the pound as long as we wait the breakout it will show us the direction make sure to mark up your false zone when you are trading breakouts to identify eerily reversals
A descending channel has formed on the weekly chart of the NZD/CAD FX pair and offers a bullish breakout opportunity. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. The stop-loss is to be set to the low of the breakout candle (or to the low of the...
- AAPL has broken through the floor of a rising trend channel in the medium long term. - AAPL has given a positive signal from the inverse head and shoulders formation by a break up through the resistance at 157. - Further rise to 193 or more is signaled. - AAPL has support at 151 and resistance at 175. - Overall assessed as technically positive for the medium...