Inside Day Breakout Continuation setup taken with Silver todayIn this video, I walk you through my entire thought process during today's trading session. You'll learn how I selected the pairs and executed three key trades:
* WTI Breakdown Continuation
* Silver ID Breakout Continuation
I'll also provide a detailed explanation of the ID breakout setup, helping you understand how to apply this strategy in your own trading. Don't miss out on these valuable insights and tips!
Breakouttrading
DOGECOIN BREAKOUT ALERT! | 3 Scenarios to Watch for Morning, trading family! Let’s break this down. Dogecoin’s been hanging out in this range, but it looks like a breakout’s on the horizon. I see three ways this could play out, so here’s what I’m watching.
Scenario 1:
If we get a clean breakout from here, we’re likely heading toward 0.1745. If that level holds, we could see it push even higher, up to 0.1847 and beyond.
Scenario 2:
There’s a chance we pull back first, dipping into the 0.162 to 0.159 area. If buyers step in, we could bounce from there and make our way back toward 0.17 to 0.1745, and maybe even higher.
Scenario 3:
The market could also take us a bit lower, down to 0.1550. If that happens, it’s not the end of the world—a strong bounce from there can still send us back to 0.17 and beyond over time.
What do you guys think of this analysis? Do we pop straight up, or do we dip first? Let me know how you’re seeing it—drop a comment below. Always love hearing your thoughts.
Mindbloome Trading/ Kris
Trade What You See
Bajaj Finserv Ltd. - Weekly Chart Analysis1. Symmetrical Triangle Pattern:
Bajaj Finserv has been consolidating within a symmetrical triangle pattern over the past few years, showing lower highs and higher lows.
This pattern suggests a period of accumulation or consolidation, where both buyers and sellers are competing, leading to a breakout or breakdown.
2. Recent Breakout and Pullback:
The price recently broke above the upper boundary of the triangle, indicating a bullish breakout, which was accompanied by significant buying volume.
Currently, the price is retesting the breakout level, which may act as a support zone if it holds.
3. Fibonacci Levels and Potential Resistance Zones:
The previous high near INR 1,880 (approx.) acts as a critical resistance zone. This level also aligns with the 88.18% Fibonacci retracement level, which may serve as a potential profit-booking zone if the stock moves upward again.
If the stock maintains its momentum post-retest, a move toward this resistance could be expected.
4. Volume Profile Analysis:
The Volume Profile on the right shows strong support around the INR 1,500-1,600 levels, indicating that a significant volume of shares has been traded within this range.
This level may act as a support if the price dips further from the current pullback.
5. Trendline Support and Moving Averages:
The long-term upward trendline provides a strong dynamic support level.
The 50-week and 200-week moving averages are positioned below the price, indicating a long-term uptrend and offering additional support around INR 1,500.
6. RSI and Momentum Indicators:
The Relative Strength Index (RSI) shows a healthy range but is not overbought, suggesting there is room for further upward movement.
A crossover in the RSI or any divergence may indicate potential reversals, so keeping an eye on these indicators would be beneficial.
7. Key Levels to Watch:
Support: INR 1,500-1,600 (Volume Profile and Moving Average Support), INR 1,730 (current retest level).
Resistance: INR 1,880 (previous high and Fibonacci level).
Conclusion: The stock is at a critical juncture, currently retesting the breakout level of the symmetrical triangle. If the price sustains above INR 1,730, we could see a bullish continuation toward INR 1,880. However, a breakdown below the trendline or INR 1,500 could invalidate the bullish outlook, potentially leading to further downside.
YATHARTH - Ichimoku Breakout📈 Stock Name - Yatharth Hospital & Trauma Care Services Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 667.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
Excited about this analysis? Share your thoughts in the comments below!
👍 Like, Share, and Subscribe for daily market insights! 🚀
#StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #smallcap #largecap #YATHARTH
TATACOMM: Ascending Channel Breakdown & Critical Support LevelsPattern Identified:
The stock is trading within an ascending channel (parallel trendlines) that has been in formation since early 2021. Recently, it appears to be approaching the l ower support of the channel , signaling potential risks of a breakdown if selling pressure continues.
Key Technical Observations:
Channel Breakdown Threat: The price has been trending within an upward-sloping channel. However, it recently fell sharply from the upper boundary of the channel and is now testing the lower boundary. A confirmed breakdown below the lower trendline could trigger a further downtrend.
Critical Support Levels:
The ₹1,783 level has held strong as an immediate support zone. If broken, the next support lies at ₹1,693 , a significant historical level from previous price action.
A break below ₹1,693 could lead to a deeper correction, potentially targeting the ₹1,500-1,400 zone.
Resistance Levels: If the stock manages to bounce, it will face overhead resistance at:
₹1,873 (previous resistance)
₹2,000 (psychological barrier)
₹2,200 (channel top)
Moving Averages:
The stock is currently hovering near its 20-week EMA , which aligns with the lower channel support.
It is also far above its 200-week EMA , indicating long-term uptrend strength, though the current pullback should be monitored closely.
Volume and RSI:
Volume spiked during recent sell-offs, suggesting a significant distribution phase.
The RSI (Relative Strength Index) is nearing oversold territory, which might lead to a short-term bounce. However, a lower RSI could indicate bearish momentum persisting.
Outlook:
A channel breakdown may indicate a trend reversal, with the possibility of a deeper correction towards ₹1,500 if key support levels don’t hold.
Traders should watch for a confirmed breakdown or a bounce off the lower channel to time potential trades.
Conclusion: The stock is at a pivotal point, testing the lower boundary of its ascending channel. A decisive move below the ₹1,783 support could accelerate the downside, whereas a successful defense might offer a good risk-reward for a bounce. Investors should closely monitor price action and volume for signs of confirmation.
Gold at Key Resistance: Short Opportunity Before Breakout?Based on my chart, I’m analyzing XAU/USD (Gold) on the multi-timeframe, with key levels and trendlines marked. Here’s a potential trade idea derived from this technical setup:
Trade Idea:
• What: Short sell (SELL) Gold (XAU/USD) around 2,734–2,735 zone.
• Why:
• Price Action Resistance: The price is nearing a strong resistance area around 2,735–. 2,740, indicated by the horizontal orange and red lines. These levels have acted as significant selling zones in the past, which could cause a reversal.
• MSS (Market Structure Shift): There’s a shift in the market structure (MSS) slightly below, indicating a possible breakdown of bullish momentum after the recent uptrend.
• Ascending Trendline: The price is currently respecting an ascending trendline (in purple), but if it breaks this support level, it could trigger more downside.
• Fibonacci/Support Levels: The levels 2,730.46, 2,723.67, and 2,714.22 (orange and red lines) represent possible key retracement or support points where price could fall to if resistance holds.
How:
• Entry: Enter a short position near the current price of 2,734–2,735.
• Stop Loss: Place your stop-loss above the resistance at 2,741 to protect against further upward movement if price breaks above this zone.
• Take Profit: Target support zones at 2,730.46 (first target) and 2,723.67 (second target) for potential profit taking.
Risk Management:
• Ensure you manage position size to risk no more than 1–2% of your account per trade.
AGLD/USDT Bullish Breakout: Two Resistance TargetsAGLD/USDT has formed a bullish pennant pattern, and we’ve already seen a breakout. My first target is the pink zone, which acts as the initial resistance. If the price continues upward, my second target is the next pink resistance zone. Additionally, if the price reaches this second resistance, there could be an opportunity to short, depending on how the price reacts to this key level.
HDFCAMC Bullish and trending in 15 min, go long after price 4747HDFCAMC did breakout last week and trading in bullish area,
It is also looking trending in 15 Min. timeframe and trading at good level for intraday.
We can go long after price of 4747.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
SPY Loosing Momentum ! SPYLOVERS DONT PANIC ! Its OKAfter several weeks of analysis, the price reached its all-time highs twice, creating a new extreme. Att his moment is what i call in a no man's land zone. But what do I see in the overall structure?
If you can clearly identify the yellow upward channel, I want you to split it in half, and we will analyze the two parts.
In the first half, we have an active price movement, with clear fluctuations between support and resistance. The high volatility causes the price to move in waves, perfectly respecting support and resistance.
But if you can manage to identify the second half, up until the end of the channel, you'll see that the price shows signs of exhaustion.
Exhaustion, how?
When the price stops having that volatility everyone is looking for, and begins to slow down and starts moving like a worm along the edge of the channel’s support, showing small candles and, above all, losing momentum. (In the chart, I want you to identify the price exhaustion by marking it with a small symbol of a worm crawling along the channel's support.)
This type of behavior happens frequently when the price is losing momentum. In this type of scenario, I am more than certain that we will soon see a move where the price might break out of the yellow channel. Most likely, we will see the price make its natural retracement. After achieving two all-time highs, I believe it's time for the price to take a break, either to consolidate or make a quick decision.
Nevertheless, I am expecting the price to make its natural pullback in the coming week.
We’ll see if it happens.
Best regards, and thank you for supporting my analysis.
BTC: Buffeting Under Resistance, Awaiting the Decisive BreakBTC is currently buffeting under the upper trendline, which is acting as strong resistance. According to cycle analysis, we could see a couple more days of upward movement before entering a decline. The potential for an Elliott Wave impulse (1,2,3,4,5) to break through the upper trendline is becoming clearer. If the break happens, expect BTC to pull back and sit on the trendline before continuing higher.
However, the frustrating part is that volume is cooling, which isn’t typical during Wave 3 of an impulse. Ideally, we’ll see a decisive break of the upper trendline within the next 24 hours, something that’s been long anticipated.
Netflix - Bullish Move Of +50% Ahead!Netflix ( NASDAQ:NFLX ) is trading at an important breakout level:
Click chart above to see the detailed analysis👆🏻
Netflix is just another one of these stocks which is perfectly following cycles and market structure. After the recent drop of about -80%, Netflix perfectly tested the bottom of the reverse triangle pattern, created bullish confirmation and took off towards the upside.
Levels to watch: $700, $1.000
Keep your long term vision,
Philip (BasicTrading)
BTC Long PushStrong buy trend as we can see, and a continuation pattern confirmed as price breaks out and retested before creating another break of structure to the upside. We are currently looking at another retest hopefully the buyers will take charge by the coming week and ride long to the monthly resistance at 71,269.16. Until then, Fingers crossed...
Nifty 50 Index - Head and Shoulders Pattern ConfirmedOn the daily timeframe, Nifty 50 has formed a textbook Head and Shoulders pattern, signaling a potential bearish reversal. The left shoulder formed around late August, followed by a higher peak (head) in early September, and now the right shoulder is completed. The neckline has been broken at the 24,612 level, indicating further downside risk.
Key Points:
Pattern: Head and Shoulders (Bearish Reversal)
Neckline : 24,612 (Broken)
Immediate Support: 24,459
Target 1: 23,348 (measured move from the head to neckline)
Volume: Increased during the right shoulder formation, confirming selling pressure.
RSI: Currently near the oversold territory, suggesting a possible short-term relief bounce before resuming the downtrend.
Projection:
Short-term downside: The first target can be seen around 23,348, where the measured move would complete.
Risk Management: A close back above the neckline would invalidate the bearish outlook, with resistance now around 24,816.
ETH at a Crossroads – Will We Pump to 2,915 or Slip Below 2,480?Alright, folks, Ethereum is sitting on the edge. If the bulls make a move, we could ride the wave toward 2,915 resistance. But if momentum fades, it’s a quick slide down to 2,480. This is where things could get interesting—either we break out or catch a pullback.
Key Levels:
Resistance: 2,915 – Clear this, and we might see some serious upside action.
Support: 2,683 – Bulls need to hold strong here to avoid trouble.
Downside Zone: 2,480 – If we lose steam, this could be our landing zone.
It’s one of those “stay sharp” moments—do we get a breakout, or are we in for some chop? Let me know your take—do we pump higher or dip for a reset? Drop your thoughts, follow, and share if this breakdown helped you prep for the move.
Mindbloome Trader
Nike - Catch this reversal!NYSE:NKE continues its overall uptrend despite the recent drop of -60% to the downside.
All you need in order to catch the reversal of the decade is simply one line: a support trendline. Nike is currently approaching a support trendline, which has been sending prices higher for the past 30 years. Just this fact alone makes me believe that we will see (much) higher prices on Nike over the next couple of weeks and months, but we still need bullish confirmation first!
Levels to watch: $70
Keep your long term vision,
Philip - BasicTrading
Breakout Retest, A+ setup explained with todays R5 Silver longFull recap of my todays NY session showing my preparation, my shortlist, my thinking process into my entry window and a detailed breakdown of the trade, including a detailed explanation of the setup, what to look for and how to trade it. One more trade for your playbook!
BTC: Buffeting Against the Upper Trend LineBTC has shown impressive strength over the past few days with explosive upward moves, now testing the upper trendline. If we see a decisive break—a full open and close on the 4-hour or 1-day timeframe—this would likely confirm that the trendline has been broken, signaling more upside potential.
This move could mark Wave 5 of 5, with an elongated “flameout” before we face the inevitable, and likely prolonged, ABC correction over the next few months. Until then, BTC will either get rejected and remain within the channel or bust to the upside to continue Wave 3 of 5 of 5.