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Breakouttrading

DXY - The Leading Index For 2024Hello Traders, welcome to today's analysis of Dollar Index. -------- Explanation of my chart analysis: DXY (Dollar Index) has been forming a triple bottom all the way back in 2008 and has been rising ever since. With the recent break above the psychological $100 level, the DXY is once again confirming the bullish strength. If DXY doesn't break below this area, I am targeting new swing highs. -------- 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.
TVC:DXY
by basictradingtv
7
15 years breakout#RCE • monthly chart analysis • budget session: this stock is in focus • breakout 2008 high level • 15-year breakout in chart • 2008 volume build-in chart but global crisis hit stock badly • ascending triangle pattern breakout • 2022-2023: massive volume in chart • this volume helps to breakout chart 🐂 • Target and Stop losses mentioned in chart • we never recommend buying and sell any charts and this stock is also • More, please check the chart all mentions in that
NSE:RCFLong
by investigationofchart
Meta - Buy The DipHello Traders, welcome to today's analysis of Meta Platforms. -------- Explanation of my chart analysis: During 2022 Meta Platforms declined massively and dropped more than -70% all the way down to the previous support at the psychological $100 level. From there we saw a pump of more than 250% after which we could now see a short term pullback followed by new all time highs. -------- 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.
NASDAQ:META
by basictradingtv
7
Matic (Polygon) Preparing for Huge BreakoutI love this action from MATIC here. It's showing incredible resilience and strength against BTC and ETH. After a beautiful move from 0.51 to 0.99, we're in a consolidation phase. Triangular consolidation that is serving as a bull flag is attempting to break out and when it does, we're going to rocket higher. There is a lot of action in the parallel channel I've highlighted from 0.75 to 0.96. We should break this pretty easily once the triangle breaks. Target: +32% Stop Loss: -20% Best of luck - Sultan of Chart
MLong
by Sultan_of_Chart
1
Breakout w/ no tighteningNot much to say about this one other than it is not the first time it attempts to run. Preferably I would like to see a large move up in the previous month and a consolidation with a shakeout followed by tightening prior to a breakout. But we don't live in a perfect world & this account is for building a database of trades with the goal of building an edge in breakout swing trading. Just to note volume is on the lower end of what I would normally trade but it is enough. Due to this I was only able to get partially filled in the first 5 minutes of the open. Position risk if stop hit sits at 0.35% of account equity. Entry: 20.31 Stop: 19.30
NASDAQ:SRRKLong
by Daniel.B
Is it finally ETH season? Ladies and Gents, we may be entering ETH season. Finally! Finally we get some action on this ETH/BTC chart. I've been waiting for a breakout, either to the downside below 0.05 or above the descending triangle we've formed over the past 7 weeks. ETH has a pretty clear path to get the upper descending trendline which would be 11% outperformance against BTC. Then it'll be a battle for whether it truly is ETH season. Short-term forecast: bullish on ETH/BTC Longer-term: will re-evaluate and update this post in the coming weeks. Let me know what y'all think. Is this ETH season? - Sultan of Chart
Long
by Sultan_of_Chart
1
USDJPY Close To Breaking Below Yearly TrendlineHi Traders! 2023 was a bullish year overall for the USDJPY, though it has just fallen short in the end as the market attempted but failed to break through the record high apex level at 151.946. The market is now on the verge of breaking below the yearly trendline. Here are the details: After failing to break through the record high of 151.946 last month, the market has rapidly declined to break below the 20 EMA and is now trading near the 140 handle. The bears are now looking to push the market to break below the trendline, and if we get this, there is a big target level at 137.915. Preferred Direction: Sell Entry Level: 142.550 Stop Level: 145.020 Target Level: 137.915 Technical Indicators: 20 EMA Please make sure to click on the like/boost button 🚀 as your support greatly helps. Trade safely and responsibly. BluetonaFX
Short
by BluetonaFX