TSLA Cup & Handle Bullish ContinuationTSLA as shown on the 60 minute chart has been in a cup and handle since the last earnings
report. Trading volumes increased then and the print is a gradual downtrend reversed to a
gradual uptrend then the handle formation and finally the breakout above the lip of the cup.
TSLA and Ford this week announced collaboration on a charging network primarily with Ford
customers getting use on existing TSLA stations and both companies expanding the network.
Perhaps this mutually benefits both companies. China holding interest rates and perhaps
lowering them more easily allows financing of new Telsas in TSLA's biggest market. Based
on the technicals about the cup and handle and the height of the cup. the pattern which has
good reliability predicts bullish continuation of $40 upside. In consideration of this I will
take a trade of an additional 2 contracts ( strike $180 Exp mid November).
Bullishcontinuation
DKNG Long Continuation TradeDNKG has an uptrend from a triple bottom in mid-March. As shown on the 2H chart
volume especially buying volume is increasing while on the RSI indicator, relative
strength is rising confluent with the price action. This looks like a quality swing
long setup during the NFL draft and upcoming playoffs in professional hockey,
basketball and baseball potentially boosting earnings The stop loss here would
be $ 0.05 below the previous high of the year in February since price is now above that
support. Targets are the highs of February 2022 and then the distant final target
is the neckline of the 2021 head and shoulders pattern ( all time highs ).
GBPAUD D1 (BUY) Bullish Continuation Price action is shaping up for an bullish run as sellers failed to push any lower at the bottom of a HTF expanding structure, creating a reversal impulse followed by continuation.
I expect more growth on this pair, we can potentially see price make its way back up to upper boundary of channel, mid 1.8300 range for a high probability set up.
Find an entry that meets your trading plan.
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NZDUSD (BUY) Inverted H&S OUTLOOK D1NZDUSD is trading at an area of interest which we are currently in a bullish trend. A short term consolidation is needed to complete a potential bullish continuation structure or we may just breakout upwards of the neckline as we have Inverted H&S pattern in completion.
I personally expect short term growth of USD before continuing the bullish trend. Looking for a buy opportunity around 0.62200.
What's your view on USD?
Leave a comment below and share your opinion!
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GBP-USD Bullish Continuation! Buy!
Hello,Traders!
GBP-USD is trading in an uptrend
And the pair broke a key horizontal level
Then made a pullback and is going up again
Which suggests a strong bullish momentum
Will take the price even higher still
Buy!
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See other ideas below too!
ETRN: Diamond in a dirt market?Equitrans Midstream Corp
Short Term - We look to Buy at 9.43 (stop at 8.63)
The medium term bias remains bullish. We look for a temporary move lower. Support is located at 9.40 and should stem dips to this area. Support could prove difficult to breakdown. Dip buying offers good risk/reward.
Our profit targets will be 11.13 and 12.00
Resistance: 11.14 / 13.40 / 22.00
Support: 9.40 / 8.50 / 6.00
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Incoming $XTZ BreakoutAs we can see on 1H TF, both RSI and STDev are converging which suggest the dip might be in. Furthermore, its trading ranges maintained inside an ascending channel which suggest a bullish continuation. If breakout from $2 resistance zone takes place, we could possibly see a rally up to 161% fib retracement.
Atom at crucial resistance. What to do!?Atom is approaching the 1st crucial resistance zone between $11.19 - 12.50 and a pullback is likely to occur there.
The next important resistance located near $17.30
To go long wait the pullback or the flip of $11.19 - 12.50 zone, so you have greater probabilities for profit.
BNB Bullish Falling Wedge PatternBNB possibility make an falling wedge pattern on H4 Timeframe chart. But according Thomas
Bulkowski, Falling wedge suggests the price should test the support and resistance 5 times.
so at least there is 2 more movement before price will break his falling wedge pattern.
$BTC/USDT 4h (Binance Futures) Bull-flag breakout and retestBitcoin just confirmed the bullish continuation breaking out of that descending channel, waiting for a pull-back towards 50MA to enter.
It's the first blockchain ever invented (13 years ago) working on #PoW consensus algorithm, more info on bitcoin.org
Current Price= 63925.04
Buy Entry = 63054.72 - 61979.96
Take Profit= 65968.76 | 69997.66 | 73925.19
Stop Loss= 60211.94
Risk/Reward= 1:1.5 | 1:3.24 | 1:4.95
Expected Profit= +27.60% | +59.85% | +91.25%
Possible Loss= -18.45%
Fib. Retracement= 0.883 | 1.272 | 1.414
Margin Leverage= 5x
Estimated Gain-time= 2 weeks
NZDUSD |HTF Bullish Continuation Correction + LTF CAB Entry :)NU is definitely one of the cleaner USD pairs we have on watch. We've broken out of the HTF Structure convincingly and we're in the Correction after the breakout currently, which is clear o the Daily timeframe this increases the probability of it playing out. Now we'll be looking for the LTF CAB of this tight daily flag. This is a good case of multi timeframe analysis.
$KMD/USDT 1D (Binance Spot) Descending trendline break & retestkomodoplatform.com is up-trending for a few months now and is very likely to continue bullish!
Komodo features AtomicDEX, a non-custodial wallet and atomic swap DEX rolled into one application.
Risk/Reward= 1:1.75 | 1:3.67 | 1:7.38
Expected Profit= +35.83% | +75.02% | +151.01%
Possible Loss= -20.46%
Fib. Retracement= 0.5 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 3 months
Current Price:
1.1026
Entry Zone:
1.0960 - 0.9860
Take-Profit Targets:
1) 1.4140
2) 1.8220
3) 2.6130
Stop Targets:
1) 0.8280
Falling Wedge is in Control of FET/BTC #FET $FET Here you can clearly see we are in a Falling Wedge - but this will break Bullish because it's part of a Bullish continuation in an uptrend on our FET daily chart . We are very near the end of this wedge structure and will be breaking upwards from it . Notice there is very low volume now near the end of this wedge - that is actually confirmation of our wedge . A big volume burst should happen on breakout - and it's very possible there will be retest of that line after breakout . But then we should continue back up at least to the previous recent highs - and beyond . By the end of October this should be going up again.
Of course our previous triangle structure got invalidated - that happens sometimes - but this Wedge seems valid and I believe this will play .
$DOT/USDT 1D (Binance Futures) Ascending channel on supportPolkadot has been consolidating for some weeks and is retesting demand zone right now.
50MA and 200MA are about to make a golden cross, this looks quite bullish for mid-term!
Current Price= 29.211
Buy Entry = 29.326 - 26.790
Take Profit= 35.665 | 42.994 | 51.954
Stop Loss= 22.971
Risk/Reward= 1:1.5 | 1:2.94 | 1:4.7
Expected Profit= +27.11% | +53.23% | +85.17%
Possible Loss= -18.13%
Fib. Retracement= 0.786 | 1.272 | 1.764
Margin Leverage= 1x
Estimated Gain-time= 2 months
$EOS/USD 1D (Binance Coin-Futures) Symmetrical triangle breakoutEnterprise Operating System (a.k.a. EOS) is accumulating above 100EMA and looks ready for bullish continuation!
Risk/Reward= 1:1.6 | 1:3.11 | 1:5.82
Expected Profit= +27.56% | +54.01% | +101.16%
Possible Loss= -17.38%
Fib. Retracement= 0.5 | 0.618 | 0.786
Estimated Gain-time= 2 months
Exchanges: Binance Coin-Futures, ByBit
Signal Type: Regular (Long)
Leverage: Isolated (1X)
Current Price:
5.577
Entry Zone:
5.453 - 5.075
Take-Profit Targets:
1) 6.725
2) 8.107
3) 10.589
Stop Targets:
1) 4.349
BTC Business End of Descending TriangleContinuation of previous chart (see BTC Calm Before the Storm as linked below). Survived and bounced strongly out of dump to $29k. Pushing out of "fake breakout" trendline. Additional push out of dotted blue line trendline just above (boss fakeout parallel to triangle upper boundary) would serve as a proper breakout IMHO. Wouldn't be surprised by (another) last gasp spike dump prior to pushing up and out. MACD continuing to rollover on 3D through Weekly timeframes towards the upside. Volume still light, keeping a close eye over next couple weeks. Date and and price range indicators from similar section of 2017 cycle included as reference. Not financial advice!
Bullish Continuation + LTF Flag entryOn the HTF we have an Ascending continuation correction to the downside, so Price at the current moment has a bullish bias so we don't want to go against that. Within structure we have a Descending wedge-like bullish continuation correction, there were a few possible entries breaking out of that structure but they didn't play out as we would have liked, however we did breakout of the wedge and it looks like we're in a parallel correction now to continue the move to the upside. Now I'm looking for LTF flag entries at the break of this larger parallel correction we're in.