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.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Breakout
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
___________________________
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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
UNFI/USDT LONG TRADE SETUP!!Hey everyone!
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UNFI looks good here. It broke out from the cup and handle pattern in a 4-hour and did a successful retest. Long some here and add more in the dip.
Entry range:- $2.72-$2.76
Targets:- $2.86/$3.02/$3.13/$3.3
SL:- $2.63
Lev:- 5x-10x
How To Trade Off Liquidity Levels Following A Structure BreakoutGrasping how to trade around liquidity levels is crucial. The fundamentals of technical analysis revolve around identifying and leveraging these points.
One common mistake that new traders make is not choosing the right price levels for trades. This can lead to inadequate risk-reward setups and inconsistency in trading results.
What Are Liquidity Levels?
For large institutions and traders needing to execute substantial orders, locating sufficient liquidity is vital. A market’s liquidity significantly influences price volatility. When major players enter the market, they aim to achieve the best possible prices. However, due to the size of their orders, they need ample counter-orders to fill their trades while minimizing slippage. If a trader attempts to enter a position in a low-liquidity area, the resulting volatility can negatively impact their average entry price. Conversely, entering at a high-liquidity level usually means less price fluctuation, leading to a more favorable average price.
So, where can you find these liquidity levels? Look at where stop-loss orders are likely placed. This is where the concept of “stop-loss hunting” comes from—large players need liquidity to accumulate significant positions, which makes these areas of interest since they help reduce slippage.
A liquidity level arises from an initial imbalance in supply and demand, forming what we know as swing highs or lows. As more traders take positions, these levels become historical reference points for placing stops. When these levels are revisited, a decision point occurs, leading to either a breakout or a reversal.
A useful guideline is to watch for rejections that don’t reach a 50% retracement of the previous high or low, as this might indicate a lower-quality liquidity level. Strong rejections tend to indicate better chances of holding during retests. I personally look for rejections that result in a breakout into new highs or lows. Other factors, such as market conditions (risk-on/risk-off), broader market structure, and relevant economic data, also play a crucial role in assessing whether a level will hold.
Trading EUR/USD Using Liquidity Levels
To illustrate how to identify potential buying or selling opportunities based on liquidity levels, draw a horizontal line from the latest wick or swing high/low and extend it until it meets price again.
In the EUR/USD hourly chart example below, I selected a month’s worth of data, marking blue lines for liquidity levels that led to market structure breakouts (higher highs or lower lows) and red lines for levels where retests failed to break the structure. I recommend a strategy of targeting a 2:1 risk-reward ratio, setting stop-loss orders at half the size of the previous swing, moving to break even at 1:1.
By the end of this exercise, it should be clear that trading on liquidity levels with a breakout condition (blue lines) significantly increases your chances of success compared to trades that go against the prevailing market structure (red lines). If you focused solely on the blue levels, you might have experienced 6 winning trades and only 1 loss at a 2:1 risk-reward ratio.
By combining this approach with additional factors like aligning with higher timeframe cycles, considering fundamental analysis, and practicing disciplined risk management, you may find this strategy aligns with your trading style. I encourage you to explore this methodology through your own backtesting and see how it can enhance your trading arsenal.
IOTX ANALYSIS📊 #IOTX Analysis
✅There is a formation of Descending Channel Pattern in 3d chart with a breakout🧐
Pattern signals potential bullish movement incoming after the confirmation of breakout and a small retest📉
👀Current Price: $0.04400
🚀 Target Price: $0.08060
⚡️What to do ?
👀Keep an eye on #IOTX price action and volume. We can trade according to the chart and make some profits⚡️⚡️
#IOTX #Cryptocurrency #TechnicalAnalysis #DYOR
INJ/USDT: BREAKS OUT! READY FOR AN ATH!!Hey everyone!
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INJ looks good here. It breaks out from the falling wedge-like structure and is currently, retesting the wedge. Buy some here and add more in the dip.
Entry range:- $19-$21
Targets:- $27/$34/$42/$52
SL:- $17
What are your thoughts on INJ's current price action? Do you see a bullish pattern? Share your analysis in the comments below!