$PLTR - Bullish Cup and Handle Pattern on the Weekly ChartNYSE:PLTR Hello everyone! I've been analyzing the weekly chart and noticed a bullish cup and handle pattern that I think is worth sharing with you. This pattern suggests a potential price target of $130 for next year if it follows through as expected. I find this pattern quite interesting and will keep a close eye on it for potential trading opportunities.
Bullishpattern
BTC - FINALLY - Bullish BREAKOUT? For the last few months, I've been preaching patience as we saw a multi-month correction play out, all as a part of the bigger-picture Elliot Wave playout.
The charts are looking positive after some bullish action started showing up from yesterday.
I'd be ready to say the corrective phase is finally over and we're starting the new impulse wave up IF Bitcoin can keep above this support level highlighted on the chart, around $63k.
This would validate a successful Flag-Breakout / Pennant breakout pattern.
However, if we close a daily UNDER this key support zone - it's likely that we're not there just yet. I'm still of the opinion we'll be on our way towards a new ATH close to December, as BTC loves Decembers historically.
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BINANCE:BTCUSDT
Coal India bullish swing expectedCoal India is a potential stock which can breakout & can give a good move. Its trading at its resistance on daily time frame.
If breaks resistance then min expectation will be 600.
its a under valued stock having a P.E 8.97 so can be preffered for long term investment also.
Disclaimer: Any of my posts should not be considered as a Buy/ Sell/Hold recommendation. This analysis is for educational and learning purpose only.
I always recommend using Stop Loss and following risk management rules.
[ADAUSDT] - on the verge of breakoutThat's a daily chart for ada and as u see looks promising...expecting breakout the pattern in few next days.
Best regards Ceciliones🎯
BTC in 4h About Bitcoin, until it breaks the $63,000 level with strength, I am not optimistic about the bullrun, and the next point is that if Bitcoin wants to make a serious move, it must gather liquidity at the level of 55,000.
Notcoin in 4h NatCoin currency is at a good support level, we hope to break the downward trend line in a good upward rally soon.
XAUUSD: 2500 is not broken, so it can continue to be bullishGold Market Fundamentals:
Investors are largely convinced that a rate cut will happen in September, with the U.S. Dollar and Treasury yields continuing to decline, providing strong support for gold prices. Revised data from the U.S. Department of Labor reflects growing Fed concerns over the labor market, reinforcing expectations of a rate cut. Escalating geopolitical tensions in the Middle East and the stalled ceasefire negotiations in Gaza are also supporting gold prices.
Fundamentally, the market remains optimistic. Global economic slowdown, trade tensions, and geopolitical risks are all factors supporting gold prices. Meanwhile, increasing expectations of a Fed rate cut are likely to further weaken the U.S. Dollar, creating favorable conditions for gold.
Gold Market Technicals:
On the 1-hour chart, gold prices have repeatedly tested the 2500 level as a key support, and it appears strong, with multiple pullbacks failing to break through. Additionally, the MACD indicator has formed a double golden cross pattern, indicating the potential for further price increases.
Trading Strategy:
Based on the above analysis, we maintain a bullish outlook today. However, close attention should be paid to the 2500 support level. If this level is broken, the pullback could intensify. Therefore, monitor the 2500 support closely, and I will update the strategy in the channel if any changes are needed.
Support Range: 2500-2488, 2460-2475
Resistance Range: 2520, 2531
Intraday Risk Data:
U.S. Initial Jobless Claims
U.S. August PMI Data
U.S. July Existing Home Sales
Focus on Powell's speech tomorrow
Grasim Weekly TF Breakout First Resistance -- 2709.6
Second Resistance --- 2734.3
Third Resistance --- 2776.5
First Support --- 2642.7
Second Support --- 2600.5
Third Support --- 2575.8
Positional long
Daily Avg. Delivery Volume %
21 Aug, 2024
68.0%
Week
56.5%
Month
59.0%
EURUSD Buy ideaprice had a rally upwards in last few days and it had a immediate resistance over there the price have already broken that level of resistance and seems like bulls are still in control as SMA 50 also shows the bull run is still on so we are waiting for the consolidation range to break above and show some bullish price action so we could be a part of this bull run
ALGOUSDTALGOUSDT has given a clean breakout of falling wedge. Will this breakout sustains and will bulls push the price even higher ?
BTC - Neutral bullish*This is not financial advice. It is crucial to conduct your own research and due diligence before making any investment decisions.*
BTC is currently rejecting the $61K range, but it has successfully broken out of a major trendline and an inverted head and shoulders pattern. The 50-day exponential moving average (EMA) is positioned below, which could act as a support level. This support may provide an opportunity for BTC to retest the head and shoulders pattern before potentially continuing its bullish run.
BUY GOLD Gold still going to push higher, in today's session we are monitoring gold for more buys. First entry at 2503, stops below 2495, target 2525. Use prop risk management. Best of luck
Bullish $GCTI think NASDAQ:GCT is gonna outperform in the short term. The chart, long term seems bullish. Also, earnings are quite solid.
SPY Lovers ! Bullish and Strong but wait... there is a challengeThere's really not much to analyze here. As we can see on the chart, SPY remains strong and in an upward direction.
What I'm expecting: I'm waiting for the price to reach my 565.16 zone as a rejection or liquidity point so that it can regain strength and eventually break through the zone later on.
Other than that, there's not much to analyze—SPY remains strong.
The challenge this week will be reaching new highs, as we have very important economic news coming up, which could bring a lot of volatility.
We'll see what happens this week.
Thank you for supporting my analysis.
Bitcoin must make these 2 key moves !As we can see on the chart, the price remains stuck in the inefficiency zone, showing a lot of liquidity since last week. Over the past two days, the price has resumed an upward trend, but it is still moving a bit slowly in the inefficiency zone.
#1 In this analysis, I want you to see that liquidity has decreased daily since last week, leading me to believe that Bitcoin could gain strength at any moment and break through my white trendline. This would be the first move I’m looking for to confirm that Bitcoin is ready for an uptrend. (Buying pressure)
#2 Once the price breaks through my white trendline, I expect the price to reach this green order block and reject at the confirmation zone. this rejection is a key point, However, it is precisely at this point that after the rejection, Bitcoin could gain momentum to break through the green order block and thus confirm its bullish trend.
Let's see what happens this week. In the meantime, buckle up because it’s going to be a very volatile week due to the scheduled economic news.
Best regards, and thank you for supporting my analysis.
Gold flaggingBullish flag, I'll buy some calls expiring in two months from now. You can also check NYSE:NEM is doing a similar bullish flag. Strike 225
GBPSGD Bullish H&S's Breaking-OUT currentlyGBPSGD_2024-08-16_01-24-33_19b08.png
A trade I am currently in, I tried to post it about an hour ago but I was told the resolution was no good. 4HR, D, W left to right. GBPSGD is yearly very bearish & has been making some strong moves north lately. I was in this pair trade the other night in relation to another bullish head & shoulders. Perhaps look for a pullback. I think it has more to run. See my diagram on how to trade heads n shoulders if you are unsure. Cheers Chris
SWING CATCHED USD/JPYAfter making a down rally USD/JPY creates a bullish ascending tringle HL in a row and RSI showing a strength on bullish side and It's ready for the take a breakout after that It's make almost 2.5% swing rally.
Auro Pharma - Bullish Harami - Daily Time Frame#AuroPharma
PCR : 0.78
Daily Volume : ++ 2.8x
Daily Fut OI change : +2.3
ATM IV : 27.6 (+1.5)
IVP : 16
SWING IDEA - JKTYREWeekly MACD is about to make a crossover on NSE:JKTYRE . Once this crossover happens successfully, it could trigger a good move upward.
Company seems to be performing really well since last few years. We also have some good positive ratings as well from Analysts and good Earnings Report as well.
While the weekly charts looks good, the Monthly chart is not entirely convincing yet. Take this trade based on your Risk Appetite and Risk Management.
#GLENAMRK PHRMA WEEKLY BREAKOUT #Glenmark
Buy level as how in charge.
Short term idea:- hold for position
Educational Purpose
Head&shoulder pattern in BSEHead & shoulder pattern breakout will be possible in it keep eye on it .
Buy bse only above 2660 (closing)
Target 2761 2885 3112 3252
Sl 2490
