Get started

Breakout!

Gold can exit from wedge and drop to support levelHello traders, I want share with you my opinion about Gold. Price action on Gold has shown strong bullish momentum earlier, as it broke out of the previous upward channel and started forming an upward wedge. The rally gained traction once the price left the buyer zone between 3006 - 3025 points, pushing through multiple resistance levels and creating a new structure of higher highs. After the breakout from the wedge’s support line, the price continued to grow and eventually reached the upper boundary of the wedge pattern. Here, we saw a clear reaction and reversal, signaling potential exhaustion among buyers. Currently, the price is trading just below the upper wedge resistance and has already made a pullback after the latest local high. Given this structure and the fact that the wedge pattern is tightening, I expect gold to reverse again and decline toward 3270, which is my first TP. If pressure continues, the price may drop to the 3210 current support level as TP2. The reaction from the upper wedge boundary, combined with weakening momentum and a strong support area below, supports my bearish outlook for now. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
15
BTC / Bitcoin / BTCUSDT Bullish OutlookDaily Time Frame Analysis: Bitcoin (BTC) has recently broken out of a descending trendline on the daily chart, signaling a potential shift in momentum. Following the breakout, BTC has entered a consolidation phase, lasting for the past 7–8 days. Short-Term Outlook: In the near term, BTC may either: Break out to the upside from the current consolidation zone, or Execute a fake-out to the downside before reversing sharply. Potential Upside Targets: Target 1: $87,000 Target 2: $88,000 Target 3: $90,000 Target 4: $92,000 Traders should monitor price action closely for confirmation before entering positions.
Long
by shroffakshar
2
LINK Potential Falling Channel Reversal + RSI SignalsBINANCE:LINKUSDT has been in a downtrend since December, grinding inside a falling channel for 2 months, and it's now sitting right above the key ~$10.00 demand zone. Price Action • Price is respecting both bounds of a well-defined falling channel. • Currently consolidating just above the demand area, early signs of potential strength. RSI Insights • Clear bullish divergence at demand zone retest. • RSI could be approaching a breakout of its multi-month downtrend — worth watching closely. Key Zones • Support: $9.5–$10.5 is critical. It held last time and could fuel a reversal. If broken, it would invalidate the setup. • Resistance: Falling channel upper boundary. • Confirmation: RSI breakout + channel breakout = potential confirmation of trend reversal. Also watch $15.5-$16 (previous S/R) and the whole $18-$20 area, which previously acted as support and has a high volume traded. Both could be good levels to take profits, together with the main supply zone in the $25-$27 area. Still in a No-Trade Zone until a breakout is confirmed.
Long
by AliferCrypto
2
RARE/USDT: LOW RISK, HIGH REWARD SETUP!!🚀 RARE Breakout Alert – 150%+ Potential Incoming?! 👀🔥 Hey Traders! If you're all about high-conviction plays and real alpha, smash that 👍 and tap Follow for more setups that actually deliver! 💹💯 RARE/USDT just broke out of a symmetrical triangle on the 4H chart and is now perfectly retesting the breakout trendline. If this level holds, we could be gearing up for a massive upside move in the coming days. 📈🔥 🔹 Entry: CMP 🔹 Targets: 130%–150% 🔹 SL: $0.0538 🔹 Leverage: Low (Max 5x recommended) 💡Strategy Tip: Go in with tight risk management. Consider adding on spot for a safer ride! 💬 What’s Your Take? Jumping in early or waiting for confirmation? Let’s chart this journey together—drop your analysis, targets, or questions in the comments! 💰🧠
Long
by CoreCrypto1
3
BTC 4H VS 1D 200 EMAIt's quite a rare occurrence when the 200 EMA finds itself in a very similar position but right now BTC has that exact setup. On the 4H BTC is fighting the moving average for the 12th time since losing the support level at the beginning in February. At this time the bearish trend channel upper limit also coincides with this level now, IMO a big move is being setup, but the direction is unsure. On the daily we're seeing the moving average also in line with the trend resistance however the curve itself differs to the 4H in the way that it's levelling out from an uptrend, not levelling out from downtrend. Bullish scenario - Breaking out above the moving average and trend channel with strength I believe would start to bring buyers back. Now I would not expect buyers to come flooding in at once as many have been burned too many times trying to long a breakout only for it to be a fakeout. I could see many looking for a form of confirmation, be that a retest as new support or a new HH & HL structure. Bearish scenario - Yet another rejection off this level would be continuation of the downtrend with many adding to their shorts. This to me would be tied to the SPX/ Tradfi movements although those markets are much stronger than this time last week. In conclusion there is no clear sense of direction just yet but I think it's coming very soon. The chop we are seeing at the moment is a symptom of a lack of confidence and uncertainty in market conditions. Naturally this lends itself to a continuation of the downtrend but all it takes is a catalyst and some big believers to push BTC out above the downtrend to continue the bullrun. I think we get our answer soon.
by ProR35
Eternal : Swing / Momentum Pick#eternal #chartpattern #breakout #swingtrading #momentumstocks Eternal : Swing/Momentum Pick >> Good Clean Breakout >> Buy at CMP or if it comes near Safe Entry Zone u can add more >> Good Strength in Stock >> High Probability Chart Pattern >> min 12% upside Visible Swing Traders can Book or lock Profit at 10% and keep Trailing Disclaimer : This is not a Trade recommendation, Do your own Analysis and consult your Financial advisor before taking position in the stock. Charts Shared are for Educational Purpose only, Pls note i may or may not have position in it.
NSE:ETERNALLong
by moneyfesttrading
Bitcoin - Trading below 50 and 200 EMACurrently bitcoin is trading below 50 and 200 EMA after multiple failed attempt to breach the these EMA levels. 1D candle closed above 200 EMA however, failed to close above 50 EMA Additionally price is around the trendline which is acting as resistance, a strong breakout from this resistance is needed for bullish momentum to continue. In the next couple of days we will get to know if price will break the resistance or gets rejected. Stay tuned for more updates Cheers GreenCrypto
INDEX:BTCUSDLong
by GreenCryptoTrades
ICICI Prudential Life – Turning the Corner?After months of steady decline inside a falling channel, ICICI Prudential Life is showing early signs of reversal. The stock has recently broken out of its channel with a strong bullish weekly candle, closing at ₹571.70 with a +4.5% gain. Volume is picking up, and RSI is curling up above 40 with a bullish divergence—indicating momentum is building. Price is now near a key resistance zone (~₹590–₹610); a clean breakout here could confirm trend reversal. 📊 Financial Snapshot Net Premium Income: ₹10,169 Cr vs ₹9,465 Cr ⬆️ PAT: ₹226 Cr vs ₹221 Cr (flat YoY) VNB Margin: Healthy at 26.7% Embedded Value: ₹47,020 Cr Solvency Ratio: Strong at 211% AUM: ₹2.88 Lakh Cr 💡 Why Consider Buying? Reversal setup after long correction Attractive risk-reward near base Steady premium growth, strong solvency Long-term growth play on India’s underpenetrated life insurance sector 🚫 Risks / Why to Wait: Resistance at ₹590–₹610 still intact PAT growth has been flat Sector sentiment can be sensitive to interest rate trends 🎯 Trade Setup: Buy Zone: ₹565–575 Target 1: ₹610 Target 2: ₹660 Stop Loss: ₹540 for educational purposes only
NSE:ICICIPRULILong
by rmhetre15
2
Is it finally time for a rally?Looking at NVIDIA (NVDA) on the weekly chart over the past two years, a significant gap up becomes apparent around April, which persisted for much of the year. Considering the recent news and the stock's pullbacks lately, this may be the moment for NVDA to resume its upward grind. The coming weeks will reveal its direction. Additionally, it's worth noting the formation of a massive bull pennant on the weekly chart. If history repeats itself and this pattern holds, the next 2 to 6 weeks could prove to be a thrilling period for NVDA.
NASDAQ:NVDALong
by impossiblebull
NEIROCTO: Coiling Up for a Breakout?NEIROCTO might be preparing for a strong upside move after weeks of selling pressure. 🔹 Break of Structure on 4H (BOS) — market structure has shifted bullish after printing a higher high. This is often the first sign of trend reversal. 🔹 Major Downtrend Line Test — price is consolidating just below a multi-week trendline. A clean break could trigger aggressive buying. 🔹 Risk/Reward in Bulls’ Favor — current setup offers a potential 80% move with 3.55 R/R — very attractive conditions. If NEIROCTO breaks and closes above the trendline, we could see acceleration toward the 0.0003189 level. Entry: 0.0001770 Stop-loss: 0.0001370 Target: 0.0003189 Risk/Reward: 3.55 More thoughts in my profile @93balaclava Personally I trade on a platform that offers low fees and strong execution. DM me if you're interested.
Long
by Balaclava_Crypto
Triple Tap, Then Boom: ETH Breakout Brewing?We're looking at a classic ascending triangle setup on ETH. Price has tapped the resistance zone around $1676 three times already — the next attempt could lead to a breakout. Market structure is clean: higher lows with strong bullish momentum squeezing price toward the horizontal resistance. This pattern usually ends with a strong impulse up, and considering the overall sentiment, this could be the beginning of a new local rally. Entry: $1630-1650 SL: $1582 TP: $1820 Risk/Reward: 4.0 More thoughts in my profile @93balaclava Personally I trade on a platform that offers low fees and strong execution. DM me if you're interested.
Long
by Balaclava_Crypto
Gold can make correction to mirorr line, after upward movementHello traders, I want share with you my opinion about Gold. After a strong breakout from the support area between 2975 - 3000 points, the price continued moving upward, forming an impulsive rally. This movement brought the asset directly into the upper support area, now acting as resistance, between 3195 - 3170 points. Once inside this zone, the bullish momentum began to slow down. This area also aligns with previous local highs and is showing clear signs of selling pressure. The recent reaction from the top of the zone suggests that the market could be preparing for a pullback. If this reaction develops further, I expect the price to head toward the mirror line, which currently acts as a dynamic support level, located around TP1 - 3120 points. This line has historically served as a key structure level - first as resistance, then flipped into support - and now may once again act as a magnet for price. A retest of this level would not break the overall bullish structure but could provide a healthy correction before the next leg. Considering the sharp push into resistance, the potential loss of bullish momentum, and the nearby structural support at 3120 points, I remain bearish in the short term, expecting a local decline. Please share this idea with your friends and click Boost 🚀
FOREXCOM:XAUUSDShort
by LegionQ8
16