Reliance Industries Breakout Trade (RELIANCE 1D)Hello Guys,
Today I am Going To Share you one Breakout Idea of Reliance Industries .From the Date of 15 OCT 2020 we can see that the stock in was Range shown in the picture. Now The stock is holding in the upper side of the Range. The volumes is seen in Reliance In Past Few Trading Sessions. It is planning for giving a breakout. if Breakout happens it will be good trade for the market also. We Can expect Targets Of Reliance between 2550-2600.
please trade in reliance with suitable quantity for you. and take care of your Risk Management. Don't Jump Directly In it.
Keep An Eye On it Like Eagle.
Stock Name :RELIANCE
Current Price:2221.60 (17-JUN-2021 10:08AM)
Target Price:2550-2600
Stoploss:2050
RR Ratio : 1:2
Breakouttrade
GBP/JPY BUY IDEAHey tradomaniacs,
tricky market tho I will follow the major trends!
GBP/JPY: Daytrade-Execution
Market-Buy-Order: 154.120
Stop-Loss: Corrected SL for GBP/JPY 👉 Hope you were able to see from chart and with PIPS! - Sorry observing lots of charts and have multiple setups I`m preparing❗️
Point of Risk-Reduction: 154.340
Take-profit: 154.770
Stop-Loss: 26 pips
Risk: 0,5% -1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
SKLUSDT is creating a falling wedge. 🦐The price is creating a falling wedge and the price is testing the bottom. IF the price will have a breakout, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
Bittorrent Chart - Breakout trendlineBittorrent Chart - Breakout trendline
So as you can see there is a big breakout trendline, as soon as it breaks the trendline with good volume we'll fly high.
First target point around 0.01 - 42,3% increase
Normally i won't cover these type of Altcoins, but we can always put in a little money and trade the breakout.
If you take this trade make sure the breakout gets confirmed!
Not financial advise, just an idea do as you please.
Inside bar mn buy confirmation 1.20002Imma buy this to the moon as it left mn downtrend it was in from june 2008
If it broke it well see the top
Analysis is on a 5 year prediction according to my technicals breakdown as if it takes the 1'25 zone and hold I dont see it seeing the round figure for some time if we have an engulfing candle protecting the whole 1.24_25
(pair PULLBACK to build momentum)
-After three candle pullback continue is left
-21500 is make or break
Ol highs is a potential swing entry but if so sl min 10$(100pips)
Trend is your friend until the end
1'14900 never got seen for bears. Bulls are more willing to be the driver than bears.
If 1.19500 _19doesnt get seen bears will be considered weak
Horizontals and Breakouts: Using ETH as an ExampleThis is an education based on the LTCUSD chart that I posted today.
I have also linked my previous education idea down below where I want to drill down one key fundamental: Participation matters, price DOES NOT. DO NOT get emotional seeing price (low or high), look at the participants to see how many people are buying/selling at these levels. Price DOES NOT always imply that there is participation. And Prices at bubble tops NEVER imply participation. Most people have bought/sold before these bubble top levels arrive.
Here I show another example where the VPVR (Volume profiles at various price levels) predicted the correct line of resistance. Most charters DO NOT understand this. Patterns lie all the time. A lot of charters on Tradingview and REAL traders use the price tops/ ATHs to draw trend lines. PLEASE do not do this if there isnt meaningful participation/volume at these levels. Hope this helps clarify some arguments that people continue to have on where to draw trend lines from and if you are correctly capturing the wicks.
Result: ETH while BOOM above 740 USD while most traders kept drawing harmonics and all sorts of short term pattern crap.
Dont believe me? I have linked the idea to LTCUSD vs BTCUSD comparison down below. BTC breakout was at 12.4k when most people thought we will see resistance as we approach 20k. BTC blasted through all these levels.
POWW Breakout Stock AlertBREAKOUT STOCK ALERT
$POWW - AMMO, Inc. - Common Stock
Initial Alert Price: $6.15
Potential Price: $8.94
Potential Gains: 45.37
Stop Loss Limit: $
POWW is currently showing signs of retesting the $8.94 Levels of Resistance going into the next few days. Anywhere between $6.00 - $6.20 is a nice buy zone. This buy zone was created from the company announcing a $100M Stock Offering at $5 to access more liquidity, allowing for the potential to hop in to this trade for a great for a great swing trade but also a longer term hold. ith a Democratic Administration, we typically see strong movements in the Firearms Sector. Looking for a 40 - 45% Swing on the trade.
The company is currently not showing any fundamental information at this time to provide a better forecast for the long-term hold. #Breakout #Stocks #Trading #Investing #Alerts #StockMarket #Daily #News #Today
AAVEUSDT is inside an ascending channel 🦐After our previous idea the price is creating an ascending channel and now the price is testing the lower trendline. IF the price will have a breakout from 4h resistance, According to Plancton's strategy (check our Academy), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.