SAFARI - Bullish Reversal BreakoutNSE: SAFARI is closing with a bullish candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
Consolidation-breakout
GOLD SHORT TERM INTRADAY IDEAXAUUSD CHART
Gold has made a clean run up over the last week due to fundamentals and technicals in play. However, we have approached a weekly resistance whereby we are seeing forms of exhaustion on the higher timeframe which is expected. There's a possible shift in structure as lower lows and lower highs are forming. I am favoring shorts as of now however as price is still very bullish, i will wait for more confirmations.
Safer shorts will be below 1867 upon the breakout of the 4hr consolidation zone to retest 1860 again which will net us estimate 70 pips
Safer buys will be above 1881 key level. Upon a break above 1881, i can see us heading to 1890 key level possibly to 1900 psychological level.
ARVSMART - Breakout after consolidation Long setupAs per price action, you can see clearly it has given a breakout with volume after 5 months of consolidation. So the probability is high to keep momentum and price go up by around 10%. according to my analysis entry should be above @325 and for reward wait to touch 10-15%.
Entry Price:- Above @ 325
Stop Loss:- below @299
Target:- 10-15%
DXY neutralTVC:DXY
English: Hey, trader! Here we have the DXY in the 4h time frame. The next days I think there will not be a nice trend trade. i think it will just consolidate until it breaks the trendline or it falls under the major level 104.000 . So be careful the next days finding the right entrys and the right exits. There is one important news in the afternoon tomorrow. So be careful! Theis news can change the direction of the chart very quickly!
Deutsch: Hey,Trader! Hier haben wir den DXY im 4-Stunden-Zeitrahmen. In den nächsten Tagen denke ich, dass es keinen schönen Trendhandel geben wird. Ich denke, es wird sich einfach konsolidieren, bis es die Trendlinie durchbricht oder unter das Mainlevel von 104.000 fällt. Seien Sie also in den nächsten Tagen vorsichtig, die richtigen Ein- und Ausstiege rechtzeitig zu finden. Morgen Nachmittag gibt es eine wichtige Nachricht. Also sei vorsichtig! Diese Nachrichten können die Richtung des Charts sehr schnell ändern!
LICHSGFIN - Bullish Breakout with Strong VolumesNSE: LICHSGFIN is closing with a strong bullish consolidation breakout candle supported with volumes
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
NAUKRI - Bullish Consolidation BreakoutNSE: NAUKRI is closing with a strong bullish consolidation breakout candle supported with volumes
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 11% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
INDUSINDIndusind is trading inside range of 1117-1175 from past one month & twice in past one month it reversed from 1168-1173 zone.
Although it looks like it ll break past upper end of the zone this time, but it would be better to trade only above 1175.
If it breaks past 1175 then its a buy with mentioned stoploss & targets.
Bitcoin getting ready to short-term trend (breakout)Bitcoin has been consolidating in a rather neat, orderly, and tight sideways range for 11 days.
It's about 11% off it's cycle lows digesting a landslide of negative headlines. This feels like it's ready to breakout sooner rather than later if I had to pick a side, it feels like the breakout direction favors the bulls — but as the saying goes — no trigger, no trade, so there's nothing wrong with staying patient and watching for the move.
I do have a long position in BTC and would add to it on a breakout.
GBPUSD watch this levelEven though this multi-timeframe analysis gives mixed signals, the areas of GBPUSD consolidation are accurately shown by the indicators. On each of the 3 timeframes the main level to watch is the Cosmic Gravity basis line - price crossing above it will be a bullish signal and vice-versa.
BTCUSD - short term upside potentialBITSTAMP:BTCUSD has been trading in a downtrend for quite a while and had many investors worried. It is still in an overall downtrend but looking at lower timeframe, it seems to have stalled for now and looks like it could make a short upside move if it succeeds in breaking the resistance level.
On a daily timeframe, price is consolidating near the resistance level 17240. Volume is also gradually decreasing.
On 3H timeframe, price is making a triangle pattern and almost ready to breakout from it. You can also notice reverse head and shoulder structure and upside price moves with volume spikes. It indicates a presence of demand and we could see a nice short term move up to 18150.
Share your thoughts in the comment sections. Happy and safe trading! :)
HEROMOTOCO - Bullish Consolidation BreakoutNSE: HEROMOTOCO is closing with a strong bullish consolidation breakout candle supported with volumes
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
NAVKAR - Bullish BreakoutNSE: NAVKAR is closing with a strong bullish breakout candle supported with volumes
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days which is indicating demand.
One can look for a 9% to 13% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
#NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
Disclaimer:
This is for educational purposes only.
BTC UPDATE! $18K INCOMING!!Hello everyone, if you like the idea, do not forget to support it with a like and follow.
Welcome to this quick BTC update. BTC rejected from the $16.8k level and made another LL around the $16k level.
Why does BTC go to $18k from here?
* BTC already breaks out from the falling wedge-like structure and currently consolidating above the triangle.
* Producing a bullish divergence in RSI in a 4hr time frame.
* $15.8k$16k is a very important area to hold.
* Currently, BTC is consolidating above the $16k level and throwing out from the market who have less patience and use high leverage. Once it is done a bullish rally up to $18k is highly possible.
Invalidation:- 4hr close below $15.8k level
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
BTC POSSIBLE DIRECTIONS CLEAR PICTURE Hy my name is rukhshan warraich .
Lets take a top-down (htf-ltf ) approach to analyze bitcoin next movement .
1w-1d-4h
a) Technicals
lets first consider 1w data :
btc currently ended the h&s pattern but the price target area has not been touched yet that is a bearish movement (which is around 11000 per bitcoin )
left shoulder of the h&s pattern is higher than the right shoulder which makes it more accurate and valid to have a bearish movement .
curently btc is in consolidation phase where bulls and bears have no proper control over the price .
the next major technical support is at 11800 (very bearish move ).
1d data:
btc formed bearish flag (18june - 15 august ) and then showed a bearish move (almost -5800 usd down )
curently forming a descending triangle is till now playing good .(bearish pattern )
support is well kept but the price at support is fluctuating (17700, 17400 , 18200)
big picture shows btc is making a double bottom pattern with a price target of
(24500 , 28000) which looks not posible considering the economical conditions .
so the last hope is that it holds the support or loose it to confirm the very bottom .
halving is in 2023-2024 and considering economical conditions and inflation bull run is not possible.
4h data :
symmetrical triangle which can break from top or bottom (not confirm yet but most likely to the bottom )
b) fundamental analysis :
elsalvador is thinking of not buying more bitcoins as 70% of the population voted against buying more bitcoin.
maybe elsalvador will sell causing more panic .
market has not much reacted to good news so far .
sentimental :
people needs to withdraw money because of inflation and economical crisis .
conclusion :
considering all these points , btc can still take a relief rally till (19700-21000)
but the overall market is still bearish .
like , share & comment .
ethusdtin this priod of consolidation price stay in purple box and go for long after the break ...
im not impation to wait for it ...
you try to wait for price for real breaktroght and then enter for long near white line of the lowest and the yello text ..
your distination is bitwin those two line of white in top . happy trade ...
this may be happen ...
there is meant to be .
Here We GoHi everyone,
In my last post, I was explaining how we might still be bearish and how we might make a pullback to the upside for BTCUSDT.
Looking at the price, we just broke above the trendline shown above which represents the resistance for the area of consolidation. In other words, we are looking at a breakout.
Since we are retesting the higher time frame (H4) previous highs, I am really interested in the 21100 level, where we might see some consolidation. The main reason I think this would be an important level is that it is in confluence with previous H4 lows above the price we are at right now, as well as the 0.382 Fib level considering the last upward move and the 0.5 Fib level considering the last downward move.
The direction of the trend will be determined by the breakout from the next consolidation level.
MINDTREE, ABOUT TO GIVE A BREAKOUT!since nifty it, has started to get its impulsve waves, there is a less probability that mindtree will fall down again, so it will give a breakout.
and one more reason it will give a breakout is it has completed all its waves. and it is falling nifty IT quite a lot, so from my analysis it will reach the given target(waves drawn in chart).
rectangle part is the consolidated part of the stock.
(nifty it link given below)
High probability of trend reversal in Beyond ProtocolHello Friends,
As we can see in the chart Beyond Protocol is in good consolidation. If the overall market turns bullish then there is a high probability that BEYOND will give a breakout. Recently Huobi exchange listed BEYOND with the ticker BP .
Do share your opinion in the comment section.