Breakout!
ALGO is breaking out of the current wedge pattern.ALGO has just broken out of the wedge pattern that it has been in for a minute now, and is looking like it could be getting ready to run. It's likely to go the .15 range, retrace back down to the upper wedge trendline, then continue the move from there.
Good luck, and always use a stop-loss!
ABCapital Near its ATHOn monthly charts, stock has created inverted head and Shoulder pattern. Stock is consolidating near multiyear resistance and its all-time-high. short term target can be 260. If it sustains above 265, stock can show massive rally towards 450-500. But it will take time. Still, its good entry point if you can hold it for next 3 years.
Disclaimer : this is not stock suggestion. ideas are for educational purpose only.
Gold - A Reversal Will Happen SoonOANDA:XAUUSD | Gold is still in a bullish market:
After the strong breakout which we saw in the beginning of 2024, Gold started another major bullish market cycle. This cycle is definitely not over soon, but Gold might create a short term correction, which would perfectly line up with the upper resistance of the rising channel.
Levels to watch: $2.650
Click chart above to see the detailed analysis👆🏻
Keep your long term vision,
Philip (BasicTrading)
ETHUSD Potential for a channel breakoutETHUSDT has been consolidating since the beginning of the month, forming higher lows, indicating increasing buying pressure. On the weekly timeframe, the formation of a double bottom signals a potential reversal. While the market may continue to consolidate, it's likely to establish a range just below the channel border before a potential breakout.
If the market breaks and closes above the previous week's high, we can anticipate further upward momentum. The target for this move is the resistance zone around 2597.00, signalling a shift toward a bullish trend
Crossover Swing + Breakout Trade - HINDALCO📊 Script: HINDALCO
📊 Sector: Non Ferrous Metals
📊 Industry: Aluminum and Aluminum Products
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout of it.
📈 Script is giving Cup & handle Pattern Breakout on daily chart.
📈 Already crossover in MACD.
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 66.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 717
🟢 Target 🎯🏆 - 810
⚠️ Stoploss ☠️🚫 - 672
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
ONDO BREAKOUT Since the beginning of June ONDO has been in a downtrend that saw a -66% move to the downside. Now 111 days later price has broken out of the trend channel, showing a +15% move from the breakout.
The daily candle is currently trying to close above the 1D 200EMA, a convincing close above the MA would be extremely bullish having now cleared the major resistances and the trend is flipping bullish.
Bullish targets would be:
- Local high (LTF) $0.808
- Daily resistance (1D) $0.901
- Key S/R level (1D) $1.048
- ATH $1.50
Stop Loss:
- Local low (downtrend continuation) $0.58
ONDO being one of the standout RWA projects has a great R:R here for the next 6-12 months. Definitely a coin worth keeping an eye on.
GBP-USD Swing Bullish Breakout! Buy!
Hello,Traders!
GBP-USD is trading in a
Strong uptrend and the
Pair broke the key horizontal
Level of 1.3255 which is
Now a support and the
Breakout is confirmed
Which reinforces our
Bullish bias and we will
Be expecting a further
Bullish move up
Buy!
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Check out other forecasts below too!
LPT ANALYSIS🔮 #LPT Analysis 💰💰
🌟🚀 As we can see that #LPT is trading in a symmetrical triangle and given a perfect breakout. But there is an instant resistance. If #LPT breaks the resistance 1 then we will see a good bullish move in few days . 🚀🚀
🔖 Current Price: $14.800
⏳ Target Price: $23.300
#LPT #Cryptocurrency #DYOR
Breakout Strategy: Swing Trade Opportunity with Price Action.This swing trade idea focuses on breakout setups, using price action to identify key levels. When price breaks through support or resistance, it signals a potential trend continuation. The strategy aims to capitalize on momentum after the breakout, with clearly defined entry, stop-loss, and target levels for effective risk management.
stock name: VIPIND
Can the price of XRP really go that high? This chart shows how it could be possible for the price of #XRP to reach the coveted $589 price target. I'm not a big fan of these extravagant price targets in short time periods, but I do firmly believe that they are attainable given enough time and the right circumstances.
Good luck, and always use a stop-loss!
EURUSD → get a long positionhello guys.
as you can see the eurusd breakout the ascending channel and the last high!
this position is based on a solid breaksout and if the stop loss touched then it means the breakout was a hunting!
entry level= 1.1048
stoploss=1.0950
target1=1.1131
target2=1.115
atrget3=1.1268
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Bullish Alert: Tata Technologies|Strong Swing Trade Potential!📈 Bullish Alert: Tata Technologies Ltd. Shows Strong Swing Trade Potential! 🚀
Stock Analysis Report
Stock Name : Tata Technologies Ltd.
Timeframe: Daily
Current Market Price (CMP) : ₹1068
________________________________________
Trade Type
• Trade Type: Swing Trade
________________________________________
Technical Analysis
1. Trendline Breakout:
The stock has recently broken above a key trendline with increased volume, indicating a strong bullish signal.
Following the breakout, the stock has successfully retested the trendline, further
validating the upward momentum.
2. Indicators:
MACD: Buy signal confirmed.
Oscillator: Buy signal confirmed.
3. Moving Averages:
The price is currently trading above both the 50-day and 100-day moving averages, reinforcing the positive trend.
________________________________________
Target Prices
• T-1: ₹1115
• T-2: ₹1150
• T-3: ₹1180
________________________________________
Stop Loss
• SL: ₹1045
________________________________________
Summary : Tata Technologies Ltd. presents a strong swing trade opportunity. The stock exhibits a bullish trend supported by a recent trendline breakout, successful retest, and positive signals from key technical indicators. With the price trading above significant moving averages, potential target prices are set at ₹1115, ₹1150, and ₹1180, while a stop loss is recommended at ₹1045 to manage downside risk.
________________________________________
Disclaimer : " Please do not base your trades solely on the ideas mentioned above. Conduct your own research before making any trading decisions. We are not responsible for any financial losses that may result from applying this study or from taking any early entry or exit in trades. "
TIA ANALYSIS 🔮 #TIA Analysis - Breakout 🚀🚀
💲💲 There is a breakout of "Falling Wedge Pattern" in #TIA. It's a daily time frame breakout. Also there is a formation of "Rounding Bottom Pattern" and after the breakout of the rounding bottom we would see a good bullish move
💸Current Price -- $5.400
📈Target Price -- $8.750
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#TIA #Cryptocurrency #Breakout #DYOR