Breakoutsignal
Silver - One of two (bullish) scenariosOANDA:XAGUSD recently broke a lot of strong, previous resistance towards the upside.
Silver, metals in general, are experiencing increasing demand in 2024. Therefore, prices of Gold and especially Silver have been increasing for the past couple of months. Silver broke two major previous resistance levels towards the upside and these two levels are now obviously acting as support. If Silver manages to retest these areas, a bullish reversal will occour quite likely.
Levels to watch: $25, $27.5
Keep your long term vision,
Philip - BasicTrading
FVRR - In-Depth Chart Analysis and Why I'm ExcitedVery predictable patters on this chart and clear signal of teal being in control on HTF which can lead to an easy long play at least shorter term to teal resistance above.
Obviously we have to prove more for a higher time frame confirmation and trade such as strong buying continuation and further buy side and sell side tapering.
But I like this Risk/Reward opportunity for my portfolio with some buying continuation or longer term with further tapering
Happy Trading :)
Ethereum Analysis and Trading PlanCrypto Series:
Part 1: Ethereum
I'm looking at a few short term trade opportunities and they all lead to the ultimate higher time frame breakout which is clearly defined and proven to be the proof of and breakout of our White/Pinkish tapered selling algorithm.
HTF Progression:
We've seen the progression happen in the passed as a HTF liquidity build in preparation for a HTF breakout. We begin with a low and a high of a breakout - from there we have created the white/pink HTF bounds to our "bull flag" or what I call controlled selling/Liquidity building. We then utilize a strong selling algorithm such as orange here to take us from top to bottom of this tapered white bull flag. Our ultimate goal as bulls is to prove that white is in control and that this selling is in fact controlled and only happening in order to build more liquidity for a further move up. Once we prove white and build all that liquidity which includes the left shoulder of the HTF head and shoulders being create, we use all that liquidity built up within it as a propellant for the breakout of white and move to all time highs.
LTF Trade Opportunities:
If we then want to break down the HTF move into LTF trades, we can dissect the algorithms even further to identify LTF tapering. In this chart we see that first proof of tapering when the blue algorithm takes control of price from the orange stronger selling one. This is our first indication that we can break out of orange and begin our way up towards white resistance (and proof of it). From blue we then look for white to show signs on the LTF of being in control of price. Once that happens (which is happening now) , we can attempt the HTF orange and look to break out.
In this case, we know we're at a strong level as the 50% retracement (which last breakout was our low point as well), so with the sell-side support at this level and the proof of buy-side tapering as well (in a controlled selling white), we are given good indication that we can see a LTF breakout toward a HTF algorithm.
Confirmations:
Our HTF earliest confirmation of an attempt and break of white is when we see our strong buying yellow algorithm start to hold activate and guide price. As we can see from last time, this is proven right before we make our ultimate break.
So the progression that we saw last breakout, from Orange --> Blue --> White --> Yellow buying is what we're looking to see happen now. We've gotten through steps one, two, and three, by proving sell-side tapering - we are now looking for Step 4 of a buying continuation to happen.
Hope this was helpful and for further analysis and a video breakdown of this chart, see the video I posted 20 minutes ago on my page.
Happy Trading :)
SWING TUTORIAL - SHARDACROPA typical Convergence Divergence is in play here.
Stock is also in a Long term Lower Low Pattern formation.
Could this Convergence Divergence indicate a breakout from the Lower Low Trendline?
Or is the price going to go down further?
Give your comments in the Comments Section below:
STX ANALYSIS🔮 #STX Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #STX. It's a 12hr time frame breakout and it's ready for a bullish move of around 60% in coming days
💸Current Price -- $2.075
📈Target Price -- $3.217
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#STX #Cryptocurrency #Breakout #DYOR
MPSLTD indicating Increase in Strength by Breaking Trend LineCompany has reduced debt.
Company is almost debt free.
Company has a good return on equity (ROE) track record: 3 Years ROE 26.0%.
Company has been maintaining a healthy dividend payout of 39.7%.
Company's working capital requirements have reduced from 34.3 days to 10.4 days.
Reported
Revenue 545.3 Cr
Reported
Revenue YoY +++ 8.83 %
EBITDA +++ 169.9 CR
EBITDA Margin +++ 31.15 %
EPS Growth YoY +++ 9.61%
Tremendous Growth Opportunities
• Maximize cross-sell and upsell with captive customer
base of 750+ customers.
• Scale central growth and marketing engine to acquire
new customers and expand geographic footprint.
• Consistent investment and deployment of new
capabilities across lines of business.
• Enter adjacent markets by re-configuring
products/services.
• Play the role of a Consolidator in a highly fragmented
market.
MPS is a B2B learning and platform solutions company powering education, and research for corporates. MPS has unlocked a new growth trajectory due to the combined effect of lower attention spans, rapid growth in digital consumption, and the recent advances in AI/ML.
BNB: Potential Bull Pennant Breakout!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
BNB recently completed a formation resembling a bull pennant pattern on the daily timeframe. The price has broken out of this pattern and is currently retesting the breakout zone. If it holds this retest level, it could signal further bullish momentum for BNB.
Buy some now and add more in the dip.
Entry range:- $560-$600
Targets:- $712/$834/$986/$1194
SL:- Daily close below $530
Let's Discuss!
What are your thoughts on BNB's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
NFP/USDT READY FOR AN ATH!!Hey everyone! If you enjoy this content, please consider giving it a thumbs up and following for more analysis.
NFP looks good here. NFP recently broke out of a falling wedge pattern. This could be a sign of a trend reversal and potential bullish momentum. Buy some here and add more in the dip.
Entry range:- $0.46-$0.50
Targets:- $0.62/$0.84/$0.98/$1.16
SL:- $0.40
Let's Discuss!
What are your thoughts on NFP's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
SAREGAMA India Ltd must keep in your WatchlistStock Analysis
This is a weekly chart of SAREGAMA India Ltd.
After a significant rally from the COVID-19 crash to December 2021, the stock has been relatively stagnant.
There is huge volume activity today, suggesting potential movement.
Trading Strategy
Watchlist Addition: Keep this stock on your watchlist.
Entry Point: Enter only after a breakout above the 570 level.
Potential Rally: If it breaks out, the stock can potentially rally between 200% to 500%.
Look for unique opportunities and aim for a big rally. Stay vigilant and ready to act!
Am I the only one seeing this obvious SNOW breakout signal?Hello to anyone new to my analysis - I’m typically a video person because it’s hard for me to truly share the story of a chart like I do in my videos in a plain form such as the one I’m attempting here.
(No disrespect for those who don’t like videos! I just want to share knowledge if it helps anyone).
Anyway! We’re looking at a daily chart here and there’s quite a clear head and shoulders forming which created beautiful left shoulder liquidity and is in the process of building the second as it attempts to break out. For those who don’t trade “chart patterns” - they are simply an alternative way of seeing how the internal workings of the market are playing out. For example, Similar to a h&s is a cup and handle which is where we have price that more sellers than buyers agree on. This creates a “resistance level” similar to the pink one we have on the chart. The ensuing drop is simply to allow 1. Sellers to enter the market, set stop losses above the resistance level, and eventually take profit and become buyers again. I.E. LIQUIDITY! Liquidity is that building of buy and sell orders, limit orders, stop losses, take profits, etc. so that when we finally have enough buyers in at a high enough agreed upon price, large “institutional” buyers can return to that “resistance level” and smash through it - hitting stop losses, creating new buyers, and there you have a breakout!
Sorrry for the tangent - even though my trading is almost fully based off of technical analysis and what money would just call trend lines - what it really is built on and what I teach all to my students first is market dynamics and how and why all this movement happens - and then, with what I’ve studied and built over the past few years, I can analyze a chart and identify when there moves will happen and where we can see them going before market dynamics/i.e more liquidity is required for further movement. It’s a fun and simple game. I dont go into it in depth here on this analysis but that’s what you will find in my video.
Back to SNOW - we can see clear TAPERING happening - the key to all reversals - from red selling to yellow more tapered selling. Meaning, sellers intention is weakening and we can activate a buying continuation such as the white or green to grab all the liquidity and break us out to the upside.
Of course we will need to activate a strong buying continuation to make real movement and I will be doing a much more in depth video on this tmrw to understand what a confirmation and entry could look like here. Currently retesting a breakout of strong selling red so let’s see if we can an activation and confirmation of white. There are lower time frame signals that I will go through in my video that are signaling that happening so that we will be able to get a pinpoint entry trade as we’re always looking for.
Thanks for checking this out hope it was helpful - as always I’m happy to connect with anyone who has further questions or recommendations. And of course this is for educational purposes only.
Please check out my videos for furthrr analysis like this and much better!
Happy Trading :)
ROKU - This is simply a BUY level. Put aside the tapering and my strategy and algorithms altogether - If I only traded supply and demand and support and resistance levels - this would be a level I would buy! Obviously we have to be more specific than just '"buy" and that's where what I do comes very much in handy in determining WHEN to buy!
In this case, since we already profited and are still working a position from before the pop last week, I will be playing this trade a bit differently as I have the opportunity to add new runners to an already long term position.
If we do see orange activated and respected, we will look for confirmation, and expect a play to the high $60's where we can take profits and continue to work and build our position.
Also - if anyone trades without volume on their chart - Don't. It's one of the two constants that everyone sees. Volume & Price - start to incorporate it as much as possible in all time frames as it gives great indications to intention and true levels of s&R
Hope this was helpful
Happy Trading :)
COIN - Long but WORTH IT video (if you like my analysis..)If you watch my videos and appreciate my analysis - this one's for you. Not so much for coin as it is for understanding what to be seeing and how to building and understanding algorithmic flow and control in the market.
However it is a great COIN opportunity...
As always, I'm here for all of you so please feel free to reach out with any questions, thoughts, or requests
Also - The name of this triple lineup of algorithms is called "The Triage" TM
Happy Trading :)
- TraderDaddyOG
DOGE ANALYSIS🔮 #DOGE Analysis - Breakout 🚀🚀
💲💲 There is a breakout of Falling Wedge Pattern in #DOGE. It's a 8hr time frame breakout and we will see more higher price after a small retest.
💸Current Price -- $0.1538
📈Target Price -- $0.2226
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
#DOGE #Cryptocurrency #Breakout #DYOR