LPI: WATCH FOR BIG WEDGE BREAK OUTLPI (Laredo Petroleum Inc), an independent energy company (oil and gas).
Huge consolidation within a big wedge . Weekly chart with price above Ichimoku cloud , which means the trend is positive. A break of 90 could be the signal of a strong uptrend , with a 1st resistance at 100.
The move could target anywhere between 146 and 208.
Analysts target: 124
Trade safe.
Consolidation-breakout
BNB lost $300 support!Today BNB lost the crucial support zone between $303 -295. If this level had been held BNB would have had many chances to return in the consolidation area within a few days.
$300 support breakout occurred in relatively high volume.
Two & a half hours before the daily candle close and BNB is already fighting the next essential support at $300.
Unfortunately for the bulls, the probabilities are with the bears. (If this candle close near $260).
Next support and the most essential of all is at $212.
If you are still holding BNB it’s unwise to sell the dip. Even if the dip is at $212.
If you are looking for a good entry for short position, it’s not the good time. Wait for the $260 breakdown and the retest as resistance before making your moves.
This break occurred due to LUNA/UST events. Nothing more. (In the short term of course)
Crypto maker is in extreme fear and that’s more bullish than bearish.
Remember investing is a probability game.
Not a financial advice. Always do your own research.
US30 Price Breakdown update1. Price closed above structure but was rejected by the level of resistance to the left.
2. If the next 30m candle closes bullish we can continue to go bullish to fill the range until the next level of resistance
3. If the candle closes within the range, price could consolidate and get choppy.
4. Sells would only be taken if price begins to break the lows
What would be the best case scenario in the worst case? 💥It is important to remain realistic and avoid any scenario that will surely not come true in the current times.
With the different events that the financial world is currently undergoing, it is better to remain very cautious about the Apple share price, even if Apple's financial results are better than those of other companies in the market, analytically we can see a slowdown in the rise of the latter.
Everything will be decided in the coming week, if we break the bullish channel , we could reach lower and lower points and maybe enter a bearish trend , but let's be optimistic, we think that Apple's share price, will now consolidate between 179 and 154, to take off again once the events calm down....
butterfly gandhima appliancesbutterfly gandhima is now at the point of consolidation all time high breakout and it can give a better return for the swing trade,
this company is a very fundamentally strong so you can hold for the ong term
buy at 1430
target 1550,1650 & if break 1700 then can achieve big target of 300 points 2100 for the swing tade
for the long term you can hold.
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NQ Power Range Report with FIB Ext - 4/22/2022 SessionCME_MINI:NQM2022
- PR High: 13727.50
- PR Low: 13693.00
Evening Stats (As of 12:45 AM)
- Gap: = N/A
- Session Open ATR: 374.61
- Volume: 34k
- Open Int: 230k
- Trend Grade: Neutral
- From ATH: -18.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14675
- Mid: 13500
- Short: 12390
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
📈 Triangle consolidation A symmetrical triangle is forming in PDN. We have made the bottom side of this triangle, and it looks like the price is returning now to the upper side. Around quotes of 0.98 AUD should the upper border of the triangle be touched. After breaking the triangle pattern at this point or later, the bullish trend in Paladin Energy Ltd. should continue.
$RBLX - Consolidation atop SupportAfter breaking it's downtrend upon creating new ATLs, $RBLX has bounced aggressively and began to consolidate between two key price levels. ($43 - $53)
We are now currently resting on top of our $43 support level. A bounce from here would allow us to trade this name up to $53 and capture a 25% move, while a break and close below 43 sets us up for a nice short down to 36.
Smart Money vs Retail tradersIn this Chart I show you the Universal Trading narrative of the FOREX Market. By simply knowing that the trend signifies the market is reaching for liquidity and to fill imbalances you will always be able to catch a entry or two or three daily on your pair. The market makers make money when the Smart Money pulls their profits creating order blocks aka consolidation. When the market makers accumulate enough buy and sell stop orders they continue the move often with the trend. The Big Trend Moves are always the Smart Money. Trade with them and you will always eat!
Happy Trading Family!
USDCHF CONSOLIDATION BREAKOUTUSDCHF has been bouncing around these two levels (RED) and hitting significant resistance whilst doing so and cannot seem to break past it, we have just closed down past support and we are in run for a bearish move, we have put our TPs according to previous market structure and have aimed for the last swing low
GER30 - High & Tight Flag PatternThe high & tight flag pattern is one of my favorite setups to trade & historically is one of the best setups that the market has to offer. This one, in particular, is downgraded due to its location relative to the overall state of the market, but nonetheless, still, something that may be interesting to many of you breakout traders out there.
When it comes to breakouts, there are 3 methods that I teach for how to trade them. 1) Entering a position prior to the breakout in anticipation that it will happen. 2) Entering during the breakout, so while it is happening & 3) Entering after the breakout, meaning once the breakout is confirmed.
All have their pros & their cons which need to be taken into account.
The projected target level for me is the previous shelf of structure support which I would expect to act as a form of resistance. We can also pair that with a 61.8 Fibonacci retracement taken from the larger swing. The larger target projection level comes near the top of the previous consolidation zone at the 78.6 & largest volume spike.
Hope this idea is helpful & as always I encourage you to leave any questions or comments below.
Have a great day! - Akil