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Breakout

UCAD Bears Turn Liquid After 4% Decline From Feb. HighOANDA:USDCAD has been trading in a Sideways Consolidation for 2 months now and last week finally delivered a Breakout! After the massive rally to 1.47926, price immediately plummeted down to not only fall back into the Consolidation Range but to then Breakout of the Support of that Consolidation. This Breakout is followed by massive Bearish Volume on top of RSI breaking down below 50! Price has satisfied all the Breakout Rules determining its validity, now to wait for a Retest of the broken support around the 23.6% Fibonacci Level or approx. 1.43 area for potential Short Opportunities to take down to the 1.41 area! Fundamentally, USD: Tuesday - Empire State Manufacturing Index/ President Trump Speaks Wednesday - FOMC Meeting Minutes Thursday - Unemployment Claims/ Philly Fed Manufacturing Index/ Crude Oil Inventories Friday - Flash Manufacturing PMI/ Flash Services PMI/ Existing Home Sales CAD: Tuesday - CPI Friday - Retail Sales/ BOC Gov Macklem Speaks
Short
by Novi_Fibonacci
BTCUSDT--HOW MANY TIMES SUPPORT HOLD?(92K soon will break= fall)Hi in this educational post we are going to talk about more times a support or resistance touches higher possibility of breakout is expected. here are some examples you can see in below charts and i will explain more after that about some conditions of multiple touches and breakout possibility. As you saw the examples provided above more touches the support or resistance receive higher possibly of breakout is expected and why is that because each time the buyers are getting weaker and also in this range zone which is happening more buyers will think about it that why the price is not pumping and each time the support is holding maybe this time it would break so each time more buyers are getting out so the token or coin is getting weaker and weaker. also the number of buyer each time decrease for example second time which a support touches 1000 buyers will rush to buy and it pump then second time it would be 100 buyers instead and each times the new buyer amount is decreasing and more sellers are saving profit so soon it would break. also for multiple touches you can consider how much it gain each time for example one other sign is when the support after multiple touch is going to break is lower highs means after each time support touch the price gain less than previous times so it means the buyers are getting weaker and soon after that support will break like the ETHUSDT and EURUSD in the examples(Left charts). you mention more reason and examples in comments and lets discuss about it. this is educational post and always do your own research first and then trade, it can be right about current situation of Bitcoin or may not, this was my view. DISCLAIMER: ((trade based on your own decision)) <<press like👍 if you enjoy💚
by MMBTtrader
23
Gold - A Bullish Close Would Be Insane!Gold ( TVC:GOLD ) has to close bullish now: Click chart above to see the detailed analysis👆🏻 Just since the end of 2022, Gold rallied about +80% which is simply unbelievable looking at the already significant market cap of the precious metal. However this bullrun does not seem to be over and if Gold confirmes the trendline breakout, another rally of +40% will follow soon. Levels to watch: $4.000 Keep your long term vision, Philip (BasicTrading)
TVC:GOLDLong
by basictradingtv
23
Xrp - Market Structure Is Just Super Bullish!Xrp ( CRYPTO:XRPUSD ) is still 100% dominated by bulls: Click chart above to see the detailed analysis👆🏻 With the massive +650% rally over the past couple of months, Xrp perfectly broke out of a long term ascending triangle formation. We already saw a retest of this previous resistance which is now turned support and Xrp is now simply starting the continuation of the bullish rally. Levels to watch: $2.0, $4.0 Keep your long term vision, Philip (BasicTrading)
CRYPTO:XRPUSDLong
by basictradingtv
26
The Next Big Healthcare Stock?The chart for VERV shows a prolonged downtrend since mid-2021, with multiple resistance trendlines capping price action. However, the stock is now testing a potential breakout above these trendlines and the 50-week EMA (green line), which has acted as dynamic resistance. The RSI is rising above 60, signaling increasing bullish momentum, and the latest weekly candle, up 11.28%, suggests growing buying interest. If VERV successfully holds above this breakout zone, it could push toward the $10-$15 resistance range, confirming a trend shift. However, failure to sustain above the 50EMA could result in another rejection, reinforcing the downtrend. Volume is picking up, adding weight to the bullish case, but confirmation above key levels remains crucial for a sustained move higher. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Trading and investing involve risk, and independent research or consultation with a professional is recommended before making any financial decisions.
NASDAQ:VERVLong
by MysticMads
Leap Ahead with a Dual Breakout Setup on ES and MESThe Leap Trading Competition: A Chance to Trade S&P 500 Futures TradingView’s "The Leap" Trading Competition gives traders the opportunity to test their futures trading strategies in a competitive environment. Participants have access to select CME Group futures contracts, including E-mini S&P 500 Futures (ES) and Micro E-mini S&P 500 Futures (MES). This article presents a dual breakout trade setup, analyzing both bullish and bearish scenarios based on key Fibonacci levels and low volatility price ranges. The goal is to trade the breakout of a well-defined range and target either a Fibonacci extension to the upside or a retracement level to the downside. Understanding Breakouts and Fibonacci Levels A breakout occurs when price moves beyond a defined support or resistance level, often leading to a strong trend continuation. In this case, the trading range between 6146.75 and 6121.25 is the key level to watch. A breakout above this range suggests bullish momentum, while a breakout below signals bearish pressure. Fibonacci retracement levels are used to identify potential support or resistance zones based on past price movements. The 50% retracement level at 5985.75 aligns with a UFO support, making it a key downside target if price breaks lower. Fibonacci extension levels project potential price targets beyond the most recent high or low. The 100% Fibonacci extension at 6288.75 serves as the projected upside target if price breaks higher. The Dual Breakout Trade Setup In a bullish scenario, a breakout above 6146.75 confirms entry to the upside. The target for this trade is the 100% Fibonacci extension at 6288.75. A stop loss is placed below the breakout level at a distance that ensures a minimum 3:1 reward-to-risk ratio. In a bearish scenario, a breakdown below 6121.25 confirms entry to the downside. The target is the 50% Fibonacci retracement at 5985.75, which aligns with a UFO support zone. A stop loss is placed above the breakdown level, ensuring a minimum 3:1 reward-to-risk ratio. Risk management considerations include adjusting stop losses based on a trader’s preferred risk-reward ratio. Scaling out at intermediate levels can help manage volatility and secure partial profits. Contract Specifications and Margin Requirements E-mini S&P 500 Futures (ES) details: Full contract specs: ES Contract Specifications – CME Group Contract size: $50 x S&P 500 Index Tick size: 0.25 index points ($12.50 per tick) Margin requirements depend on broker conditions and market volatility – Currently ≈$15,000 per contract. Micro E-mini S&P 500 Futures (MES) details: Full contract specs: MES Contract Specifications – CME Group Contract size: $5 x S&P 500 Index (1/10th of ES) Tick size: 0.25 index points ($1.25 per tick) Lower margin requirements make it more accessible for smaller accounts – Currently ≈$1,500 per contract. Leverage in ES and MES magnifies both potential gains and losses. Traders should consider margin requirements and market conditions when determining position sizes. Execution and Market Conditions Before executing a trade, a typical breakout trader would watch price confirm a breakout by sustaining above or below the key levels. Additional confirmation from volume trends and momentum indicators can improve trade accuracy. If price does not break out, the setup remains invalid. If a false breakout occurs, traders may need to reassess conditions before re-entering. Conclusion A dual breakout setup provides both bullish and bearish opportunities depending on price movement. Fibonacci extensions provide upside targets, while retracement levels align with strong support zones for downside moves. For participants in The Leap Trading Competition, this setup highlights the importance of disciplined execution, confirmation, and structured risk management. When charting futures, the data provided could be delayed. Traders working with the ticker symbols discussed in this idea may prefer to use CME Group real-time data plan on TradingView: www.tradingview.com - This consideration is particularly important for shorter-term traders, whereas it may be less critical for those focused on longer-term trading strategies. General Disclaimer: The trade ideas presented herein are solely for illustrative purposes forming a part of a case study intended to demonstrate key principles in risk management within the context of the specific market scenarios discussed. These ideas are not to be interpreted as investment recommendations or financial advice. They do not endorse or promote any specific trading strategies, financial products, or services. The information provided is based on data believed to be reliable; however, its accuracy or completeness cannot be guaranteed. Trading in financial markets involves risks, including the potential loss of principal. Each individual should conduct their own research and consult with professional financial advisors before making any investment decisions. The author or publisher of this content bears no responsibility for any actions taken based on the information provided or for any resultant financial or other losses.
CME_MINI:ES1!Education
by traddictiv
$PWR : Loss of energy in the AI energy and power stock Since 2022 when Open AI released its GPT 3.o model AI stocks like NASDAQ:NVDA and the data center solutions providers within the power and electricity space like NYSE:PWR and NYSE:ETN had a great run. But recent events related to Deepseek have exposed weakness in the AI trade. When the market is fixated on NASDAQ:NVDA and NASDAQ:AVGO as the generational AI trade, the power and industrial names have been consolidating at their 200 Day SMA. These power stocks within the industrial sector are looking for catalysts to break out of the consolidating pattern. Let’s watch out for NASDAQ:NVDA earnings on Feb 26. And the SPDR Sub Sector Industrial ETF AMEX:XLI has also stalled. But we should always remember for this bull market to playout in full swing we need industrials need to outperform the index. For now NYSE:PWR is in accumulation pattern.
NYSE:PWRLong
by RabishankarBiswal
USD/CHF Breakout from Uptrend Channel, Potential for BearishIn the daily time frame chart of USD/CHF, it is evident that the price has broken out of the uptrend channel that had previously constrained price movements over the past few months. This breakout occurred after the price failed to breach the resistance around the blue area, which marks the previous local high. After testing the channel support multiple times, the price eventually experienced a breakdown, indicated by a solid red candlestick closing below the channel’s support line (highlighted in the yellow area with the "Breakout" label). This breakout signals a potential shift from a bullish trend to a deeper correction, with downside targets at 0.88 and 0.87, as marked by the horizontal blue lines below the current price. These levels serve as key targets since they have previously acted as strong support areas. Short selling can be considered with additional confirmation, such as a retracement to the breakdown area for a more optimal entry. Conversely, if the price moves back into the uptrend channel and holds above the breakout level, this bearish scenario may become invalid. Risk management remains crucial, with an ideal stop loss placed above the breakout area to mitigate the risk of a false breakout. If selling pressure continues, the next target will be 0.87.
Short
by DNP-FX
SBUX | What's Next?SBUX has been on a tear lately. The screenshot I am including explains all of this as well; however, SBUX has seen a decline in value since being bouncing between the tight Support and Resistance levels. With all confluences taking into consideration - news, patterns, price action, and whatever else you can think of to make a case for a breakout beyond resistance or a reversal would be great towards helping me learn more! Appreciate your time! NASDAQ:SBUX
NASDAQ:SBUXLong
by JoshuaMcDaniel
GU Ascends From Triangle - Breakout & Retest Set-UpFX:GBPUSD ended last week with a Bullish Price Breakout of the Ascending Triangle that it fell into after breaking down below Support-Turned-Resistance and finding Support at the October 2023 Lows last month. Overall indicators suggest we could be experiencing a Valid Breakout of this pattern due to: 1) Strong Breaker Bar with Close outside of Range 2) Based on the Range from High to Low of the Ascending Triangle, Price made a 26% move beyond the break 3) Bullish Volume following Break 4) RSI Above 50 The Confirmation of Valid Break will come if price is able to: 1) Close 3 - 5 Days outside of pattern 2) Price successfully is Supported by Previous Structure Broken 3) Bullish Volume Builds on Retest When the Breakout is Validated, Buying opportunities could be delivered in the ( 1.2525 - 1.2485 ) Range on the retest with an immediate Target Profit at the December 2024 Resistance laying overhead at the ( 1.28 - 1.29 ) Range Fundamentally, this month we saw BOE make a 25bps rate cut down to 4.50% with GBP having quite a positive increase in GDP (+.3%) which could be inflationary. USD showed a slight uptick in CPI (+.1% y/y) strengthening the stance on minimal Rate Cutes this year but a big miss in Retail Sales, Unemployment Claims and Non-Farm Employment! GBP: Tuesday - Claimont Count Change/ BOE Gov. Bailey Speaks Wednesday - CPI Thursday - Consumer Confidence Friday - Retail Sales/ Flash Manufacturing PMI/ Flash Services PMI USD: Monday - Presidents Day (Bank Holiday) Tuesday - Empire State Manufacturing Index Wednesday - FOMC Meeting Minutes Thursday - Unemployment Claims/ Philly Fed Manufacturing Index/ Crude Oil Inventories Friday - Flash Manufacturing PMI/ Flash Services PMI/ Existing Home Sales
Long
by Novi_Fibonacci
5
GBP/USD: Bulls in Control… For Now! Key Levels to Watch Hello Folks GBP/USD is holding strong above 1.2533, and I see a potential bullish move toward 1.2805 if momentum continues. But I’m staying flexible—if price breaks below 1.2450, my bias shifts, and I’ll look for downside targets instead. 📊 📍 Here’s how I see it: ✅ Bullish above: 1.2533 → 1.2627 → 1.2650 → 1.2805 🚀 ❌ Bearish shift below: 1.2450 → 1.2378 👀 💡 My Plan: As long as GBP/USD stays above 1.2533, I’m bullish and expecting a push toward 1.2805 📈 If price drops below 1.2450, I’ll reconsider and look for shorts instead 📉 ⚠️ No need to rush—let the market confirm the move!
Long
by QuantumFusion
BTC/USDT AnalysisI attempted a breakout trade on the descending channel, but unfortunately, I got stopped out. The price initially showed signs of breaking above the channel, but the resistance held, leading to a pullback. Despite the stop-loss hit, I’m still watching for a potential bullish move. If the price reclaims the breakout level with strong momentum, I’ll consider re-entering for a long position. Confirmation with volume and a higher high would strengthen the bullish case." Let me know if you want any modifications! 🚀
by Tradeaione
Meta - The Breakout Is About To Be Confirmed!Meta ( NASDAQ:META ) is attempting the breakout: Click chart above to see the detailed analysis👆🏻 Over the past couple of months, we have been witnessing an incredible rally of about +750% on Meta. Looking at the long term reverse triangle pattern, this rally was not unexpected and such is the breakout. We still need to see confirmation, but then Meta will target the four digit level. Levels to watch: $700, $1.000 Keep your long term vision, Philip (BasicTrading)
NASDAQ:METALong
by basictradingtv
14
SPX/USDT: 100%+ PROFIT POTENTIAL SETUP!!🚀 Hey Traders! Ready to Ride the SPX Breakout? 👋 If you’re hyped for this setup, smash that 👍 and hit Follow for elite trade ideas that actually deliver! 💹🔥 🔥 SPX is looking strong and bullish! It’s breaking out from a falling wedge on the 4H timeframe and is currently retesting the breakout level—setting up for a potential explosive move! 🚀 📊 Trade Setup: ✅ Entry Range: CMP, add more up to $0.75 🎯 Targets: Target 1: $1.02 Target 2: $1.26 Target 3: $1.50 Target 4: $1.78 🛑 Stop Loss: $0.68 ⚡ Leverage: Spot or low leverage (Max 5x) 💬 What’s Your Take? Are you bullish on SPX’s breakout potential? Share your analysis, predictions, or strategies in the comments! Let’s lock in those gains and ride this wave together! 💰🔥
Long
by CoreCrypto1