AUDNZDAUDNZD has formed double bottom with strong bullish divergence and bulls have shown the bullish reaction as well and has given the breakout of 1.0620 level with massive buying.
Currently the price is facing strong resistance around 1.0695 region but seems like bulls will break through it.
if this breakout happens the next optimum target will be 1.0810.
Breakouttrading
TIAUSDT - POTENTIAL SETUPTIAUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs on higher TF.
currently the market is retracing a bit after last HH on daily, if the market successfully sustain this bullish confluence the next leg high could go for new HH.
we will enter at 17.8871
KSS - Update to my breakout video - We are already seeing it!Update here to my previous KSS video titled "KSS - Primed for a breakout!" Go and watch that if you haven't to understand why i've been preparing for this.
This is all happening prior to earnings release in a few weeks and with a ton of buying volume coming in, I am very happy to see it!
My projection is a retest of our daily tapered purple channel (which has been resistance for a long time now) and, utilizing all the liquidity that's been built up, breaking out with strong earnings.
Obviously fundamentals and bad earnings can cause any TA to be void - but TA wise, this is one of my most confident positions.
Look forward to seeing you all on my livestream at market open today!
Happy Trading :)
DVN - Live analysis and why we could see a reversal soonSomeone asked me for my thoughts on DVN and I thought it would be a good opportunity to do a live analysis of how I get my charts to look the way they do (messy).
The further you go down in timeframe, the more algorithms you start to see and create. But here is an initial Daily bias to go on - and look to see some of these long-term selling channels broken in order to see a larger move and sustained uptrend.
Happy Trading :)
IFB: A 5+ year breakout candidate IFB : this would be the third breakout attempt in last 5 -6 years
Stock is in strong uptrend and the strength seemingly suggest a strong upmove likely in short to medium term perspective
stock is up by almost 50% in two months suggest the strength and outperformance
support at 1270-1240 area while with the intensity of this breakout in consideration , can test 1870-1990 and 2130 in next few months
ARKM/USDT Confirmed breakout for Long entryBINANCE:ARKMUSDT The 1D chart clearly shows that ARKMUSDT has closed above the bullish candlestick breack the current breack trendline. Often the price can come back to retest the trendline. Otherwise it may go higher till 0.9000$.
ARKMUSDT LONG
Leverage: 3x
Entries: $0.6048
Take profit 1: $0.6402
Take profit 2: $0.6998
Take profit 3: $0.9006
Stop Loss: $0.4785
Stay tuned for trade confirmation and additional updates. Feel free to express your thoughts by liking and sharing in the comments section:)
Thanks
The sroced.
XAU - Are we about to break a 4-year resistance point?! Next stop could potentially be.. the moon?
Not sure if it's beginners luck or I have the magic touch - but are we about to see the first breakout of this blue horizontal channel going back to 2020?! This is my first time analyzing and really even looking at a chart of Gold and I'm psyched! I'd be honored to be a part of this breakout.
Special shout out to our friend Mohibullahstudent who, during my live stream today, persistently requested I cover Gold and though I was busy trading equities in a fast paced market, I did "promise" him I would do an analysis of Gold later on.. so this one's for you!
Now that I'm officially a "gold trader" I will continue to analyze this PA as it develops and especially if are able to break out of our teal controlled selling and retest the upper channel to continue to shake out sellers for the all important breakout.
Thanks to everyone who joined the live stream today, we had a lot of fun, and hope to see you all again tomorrow at 9:30 AM for another live stream where we will be trading and analyzing charts together.
Happy Trading :)
COIN - Lots of profits to be made - beautiful algo confluenceThis can break out of our controlled selling algorithms any day - especially as we started to see sell-side tapering via our teal algorithm on Friday.
Look for Yellow strong buying channel to activate and break us out of the magenta/purple/teal algorithms which will lead us to a retest of highs at the $180-$185 level.
We will be trading this today live on the stream if the opportunity presents itself - we have some clear levels and things we're looking out for and we don't want to miss this one.
See you there!
Happy Trading :)
INDO COUNT technical breakout on weekly chart A breakout on weekly chart denotes strength it suggest the CONTINUATION IN THE CURRENT MOVE
if one refer the charts ,
as shown by arrows , volume witnessed a great rise and price followed a strong move along with the same
THE stock likely to show higher areas
its trading well above key average areas and with strength in RSI
support at 310-290 zones and with stop below these CAN test 370-400 in 6 months
META - Exciting opportunity this week! THE GOLDEN WEDGEWill we see the first ever (Coined in this video) golden wedge this week!? It's a huge part of my trading and a great way to identify a breakout incoming - especially on a stock like META where volatility and volume is huge on a daily basis.
The Golden Wedge is basically when price uses our strongest controlled selling algorithm (Magenta here) to build liquidity and this acts as support to push us back into our less strong controlled selling algorithm (Teal here). Once that happens, we'll see teal acting as support and proving sell-side tapering (meaning buyers have regained stronger control and have dug deep enough to make a move higher). The wedge happens in between the resistance of the top of our strong selling magenta and the support of the bottom of our weaker selling teal.
Look forward to seeing you all there if/when it happens - and if not, we are still prepared for other trades as we have the proven algorithms and now just need to see where price goes and who is in control entering the trading week.
Please join me tomorrow at market open (9:30 AM EST) where I will be trading live on stream here on TradingView and taking trades, analyzing charts, and having fun with our awesome community.
And as always,
Happy Trading :)
Suryoday Small Fin Bank - Swing and Mid Term Investment PickThe stock is in up trend in Monthly , weekly.
The Weekly and Monthly RSI are fantastic, just moving above 60 on the way after touching the lower band at 40.
The weekly has given a multi year breakout, has just broken the supply range at 190.
I would consider an entry at 188 zone - Retest and look for 225 as swing trade target . 25 %
For an Investment, I would consider a 1:2 Risk reward , SL at 145 level - weekly closing basis, Target at 280. I consider trailing my investment profits at each level with an exit if closing below 20% from any level.
Binance Coin - 10.000% RallyHello Traders, welcome to today's analysis of Binance Coin.
--------
Explanation of my video analysis:
After the break and retest on Binance Coin back in 2020 we saw an insane rally of +10.000% towards the upside. Recently BNB then broke out of a longer term triangle continuation pattern and can now potentially create a similar rally. I am now just waiting for a break and retest of the structure mentioned in the analysis and then I my first target is the previous all time high.
--------
I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
KSS - Primed for a breakout! As always, excuse the mess of the charts. Each line means a lot to my trading on different time frames and I do my best to consolidate which ones show on what timeframes so that it's easier for you to see clearly what's important.
That being said, I believe KSS (Kohl's) is primed for a breakout technically and fundamentally when they announce earnings in a few weeks.
Definitely don't take my word for it - do your own research and analysis before entering any positions.
Hope this was helpful and have a great weekend!
Happy Trading :)
1000PEPEUSDT Bull flag breakoutLong / Upwards movement
1000PEPEUSDT has broken out of an bull flag. Retesting and looking for continuation.
Volume is moving in and sentiment for Pepe is high.
Look to take profits at
TP 0.0016328
Downwards movement
Caution, if sellers are able to overcome long positions price could move downwards and invalidate the bull flag.
AGLDUSDTAGLDUSDT is in strong bullish trend.
As the market is consistently printing new HHs and HLs.
Currently instrument is facing strong resistance and seems like it is getting ready for massive breakout.
if the breakout happens, one can trade it with buy stop at level 1.42.
If the instrument sustain the breakout then next target could be 1.700
What you guys think of this idea?
Adani power Consolidating for more than 85 DaysAdani Power Limited is a holding company engaged in providing electric power generation by coal-based thermal power plants and coal trading. So, after the BO of this pattern to the upside, we can expect a move of around 30% and can keep a stop-loss below the swing low. NSE:ADANIPOWER