Ashok Leyland: Bullish Breakout on the Horizon!Ashok Leyland is primed for a bullish breakout soon!
Currently retracing from the 23.6% Fibonacci level with strong volume support. 📊
Breakoutsignal
XAGUSD Bearish BreakoutHead and Shoulders neckline has been broken, signaling a bearish breakout. The price is now heading towards the next support level.
BTC/USDT 4H Long Analysis: Key Levels and Market OutlookEllipse has entered a long position at 59.2K, reflecting confidence in the bullish signals present despite some concerns.
4-Hour Chart Analysis:
Bullish Signals:
Price breakout above the Ichimoku cloud
Lagging Span (Chikou) has broken out of the cloud
Lagging Line (Chikou) is clear of both price and cloud
Pivot reversal (24/12)
Tenkan-Sen (TK) is above Kijun-Sen (KJ)
Future Senkou Span B points upwards
These bullish signals indicate a potential upward momentum in the short term.
Concerns on the 4-Hour Chart:
Low volume in the market
Price remains below the 200 EMA
100 EMA is below the 200 EMA
While we have several bullish signals, the low volume and position of the EMAs suggest caution.
Zooming Out to the Daily Chart:
Bullish Signals:
Price is above both Tenkan-Sen (TK) and Kijun-Sen (KJ)
Price is above the 200 EMA on the daily chart
Found support on the 200 EMA daily and monthly pivot (S1)
These signals suggest a stronger bullish trend when viewed on a longer timeframe.
Bearish Signals on the Daily Chart:
Tenkan-Sen (TK) is below Kijun-Sen (KJ)
Price is still under the daily Ichimoku cloud
Future cloud (Senkou Span) is bearish
Despite the bullish signals, the bearish cloud configuration and the position of the Tenkan-Sen and Kijun-Sen warrant caution.
Key Resistance Levels:
200 EMA on the 4-hour chart at 61.2K
Yearly pivot R2 at 62.7K
Lower boundary of the daily cloud at 64.3K
These resistance points are crucial levels to watch for potential price rejections.
BTC/USDT shows mixed signals across different timeframes. On the 4-hour chart, several bullish indicators suggest potential upward movement, but the low volume and the EMA configuration urge caution. The daily chart shows a more pronounced bullish trend above the 200 EMA, yet the bearish cloud and Tenkan-Sen/Kijun-Sen arrangement could limit gains. Key resistance levels should be monitored closely for any breakout confirmation or potential reversals.
Trade safe and always consider multiple factors in your analysis!
detailed important chart tells u why to buy AVAXin weekly chart can notice a breaking out of falling wedge pattern finally after more than 6 months..
the price now moving in huge ascending channel going to making new ATH in next few weeks..
u can see elliot wave in the chart and It's clear that elliot wave correction done
one of the biggest coins in the market ... ranked 11th in terms of market cap (11.871B)
it's on good support and suitable place to buy ... long term target is 200$
best regards ceciliones🎯
Emirate Integrated Next Target is AED 10.60 , +74% PROFITEmirate Integrated Trading in Side Waves or Box since 11 years. Expecting Breakout above the side waves and the Target is AED 10.60..... OFFERING the chance to make +74% Percentage Profit.
Support me; I want to Help People Make PROFIT all over the "World".
FVRR - Do Not Miss This One! Last Warning!It goes without saying, you must do your own analysis, research, and due diligence before entering a trade. My job is to prepare you with some of that analysis, the TraderDaddy way.
Either way, the risk/reward for me on this one is hard to pass up and I will be playing these earnings.
Happy Trading :)
Tejas Networks Posts Strong Q1, Awaiting BreakoutTEJAS NETWORKS reports strong Q1 results with significant net profit, substantial revenue increase, and solid EBITDA profit. Technically, the stock is consolidating after an uptrend, retracing from the 38% Fibonacci level, and is poised for a breakout above 1495 INR.
TORNTPHARM: Breaking Resistance with Ascending Trend LineTORNTPHARM is breaking through resistance levels, supported by a strong ascending trend line and increased trading volume. This bullish momentum suggests potential for further upside.
INFY Breakout: Riding the Strong UptrendJoining the uptrend wave as NYSE:INFY breaks out of its February 2024 range. Time to capitalize on this momentum!
Ethena _ Downtrend Breakout _ 0.6 Fib is 1st Target +62% PROFITFalling Channel Pattern is Breakout and Uptrend Continuation. 1st Target is the 0.618 Fibonacci level price at 0.70091110 USD. Offering the chance to Achieve +62% Percentage Profit. And 2nd Target is the Downtrend line Top. Offering the potential to Achieve a +149% Percentage PROFIT.
Support me; I want to Help People Make PROFIT all over the "World".
Fast Retailing _ Next Target is Channel Top _ +35% PROFITFast Retailing Co LTD, Two Rising Channel Patterns formed in Weekly Time Frame. Offering a Chance to Achieve a 35% PROFIT.
Support me; I want to Help People Make PROFIT all over the "World".
BONKUSDTBONKUSDT.
Will BONKUSDT get bids from buyers ?
As the price is at strong support level and bullish divergence indicating the buyers may attack this zone. If this happens and buyers start buying from here then the next target could be 0.00003570.
What you guys think of this idea?
TCS Next Target is Channel Bottom. Now in 0.6 FibonacciNow TCS Reached 0.6 Fibonacci Retracement Target, after Breakout the Rising Wedge Pattern. And TCS Next Target is the Channel Bottom.
I want to help people to Make Profit all over the World.
Bitcoin - Eventually hitting $250.000?BITSTAMP:BTCUSD is looking extremely bullish despite the recent 4 month consolidation.
For more than four months, Bitcoin has basically been moving sideways, experiencing quite volatile swings towards the upside and downside. However we should not neglect the overall bullish behaviour of Bitcoin which is still creating cycle and correction after cycle and correction. Therefore, maybe after a short term pullback, I do expect (much) higher prices on Bitcoin.
Levels to watch: $67.000, $37.000
Keep your long term vision,
Philip - BasicTrading
CAVA Cup & Handle Breakout TradeHappy Tuesday everybody, the stock caba is set to make a breakout of a base soon and I'm going to make a play on it to see if I can catch that move doing a buy to open and setting my stop loss below Monday's low. This stock is part of the consumer cyclical sector which has been performing well possibly because of pending interest rate cuts leading to increased consumer spending with credit cards but I'm not really sure if that's the cause.
USDCHFUSDCHF.
Will EURCHF get bids from buyers ?
As the price is at strong support level and bullish divergence indicating the buyers may attack this zone. If this happens and buyers start buying from here then the next target could be 0.9100 followed by 0.9300
What you guys think of this idea?
About The FX Crash & Cash IndicatorThe FX Cash & Crash Breakout indicator is a powerful Forex trading indicator on TradingView. Crash (consolidation or ranging market) and Cash (breakout from consolidation into a long or short trade).
It uses Heikin Ashi candle bars in combination with real price on the hourly chart to smooth price fluctuations and identify early range-bound price action breakouts. Consecutive gray bars indicate a crash move into a sideways market. A breakout occurs when it goes from a sideways market to either either green or red bars indicating the opportunity to cash in on a trending short or long market opportunity. While primarily designed for intraday trading, it can also be utilized for swing trading. It's crucial to use strict trading discipline, gain basic knowledge of trading practices, and focus on risk management. This indicator was created to enhance your marketing strategy.
ALERT - Indigenously developed Nuclear Submarine heading NEindigenously developed Nuclear Submarine " Pattern " - by Reliance Industries - is Heading NE
Targets Locked and Loaded
1st Target - 32* N, 10*E (Rs. 3,210)
2nd Target - 35*N, 25*E (Rs. 3,525)
3rd Target - 40*N, 20*E (Rs. 4,020)
4rd Target - 48*N, 28*E (Rs. 4,828)
Sorry folks - When I saw this pattern - I couldn't just control myself and came up with this Prank 🤣😆😄🤩
Anyways, Reliance Industries has broken out of a Box Pattern and is ready for a Blast
ROKU - May have just hit an obvious reversal pointHere's why I loaded up on Roku yesterday and will continue to look for bullish confirmations
Happy Trading :)
Simple Bitcoin Comparison to last breakout shows us...Patterns are everything in the market. When we're given the patterns ahead of time by analyzing previous price action, we can know what to look out for in order to catch the breakotus before they happen.
For us, on bitcoin, we know we have this red algorithm that needs to prove itself before breakouts. We can see that similar to last breakout, we're approaching that tapering algorithm on the sell-side in addition to our buying continuation orange & green. Strong likelihood of a bounce here and at least a retest of purple if not an ultimate HTF breakout.
Happy Trading :)
Here's why I think we're approaching a BUY point on EthereumIf we see the necessary signs of tapering in teal, we will have our first confirmation of a breakout. We then need to see yellow buying continuation or green activated with a stronger orange to guide us up.
We want to be in this before the breakout happens because as we know, it usually happens too fast.
Happy Trading :)
Simple and Accurate Forex Trade Model - Find this on any chart!This is the very basic of what I do. Identify HTF tapering, wait for a buying continuation algorithm to prove control, enter on confirmation.
We now have our targets in place based on our control algorithms (green and yellow) and will take profits based off those as price develops.
Happy Trading :)
UPS - Update and Trade SetupSince we pointed out the tapering last week, UPS is moving beautifully and preparing us for our entry model 1.
Keeping an eye on this as we continue to confirm tapering and seek to activate buying continuation.
Happy Trading :)
