LCRX RETURNS TO THE SEEN OF THE CRIMENASDAQ:LRCX returning to the seen of the CRIME! ☕️
LCRX is retesting the Cup N Handle BREAKOUT FROM 2023! 🤯
LRCX has already tested and bounced off of its Cup n Handle breakout from 2023 twice and is forming the right shoulder of a shorter-term inverse H&S pattern!
Will it bounce again?! Drop a comment below.
The risk/reward ratio on this one is crazy good, IMO! It's going to take something drastic for that CupnHandle breakout support to bust!
My Short Term PT for this chart is: 🎯$80
My Long Term PT for this chart is: 🎯$107
Not financial advice! 🖖
Cup And Handle
Potential Correction in XAU/USD After Recent Bull RunThe price of XAU/USD has experienced a significant upward rally from $2,605 on October 10, 2024, to $2,741 as of October 21, 2024. This impressive bull run has been largely driven by market euphoria surrounding expectations of interest rate cuts. Investors have flocked to safe-haven assets like gold in anticipation of a looser monetary policy, boosting its appeal and driving prices higher.
However, despite the ongoing bullish sentiment, there are signs that a potential correction may be on the horizon. When analyzing the recent movement using the Fibonacci retracement tool, the golden ratio (61.8%) suggests a key level of potential support around $2,695. This level could act as a corrective target for profit-taking or a temporary pullback before the next leg higher. A retreat to $2,695 would align with the natural ebb and flow of price action after an extended bullish phase, providing an opportunity for the market to consolidate gains before resuming its upward trend.
In the 15-minute chart, XAU/USD is currently forming a bearish rising wedge pattern, a technical signal often associated with potential downward movement. This formation indicates that the recent bullish momentum may be losing steam, suggesting a reversal could be imminent. The narrowing price range within the wedge hints at weakening buying pressure, setting the stage for a possible breakdown.
Given the recent extended rally, traders may begin to take profits in the near term, especially as the upward momentum in XAU/USD shows signs of exhaustion. This could lead to increased selling pressure, amplifying the likelihood of a short-term correction.
If the price breaks below the lower boundary of the wedge, it would confirm the bearish signal, increasing the chances of a move towards key support levels, such as the previously mentioned $2,695 level. Traders looking to capitalize on this setup should closely monitor the price action for a clear breakdown, as it could offer strategic entry points for short positions or profit-taking opportunities for long traders.
Traders and investors should keep a close eye on this level, as a confirmed correction could present buying opportunities for those seeking to enter the market at a lower price. Conversely, if the price holds above key support levels, the bull run could continue, especially if macroeconomic factors such as additional rate cuts or geopolitical tensions further fuel gold's allure.
In conclusion, while the recent rally has been impressive, prudence suggests being prepared for a potential correction, especially with $2,695 emerging as a key technical level to watch.
TBZ NSE MTF 12Y RBC BO- POSITIONAL TBZ JEWELLERS STOCK Analysis
TRADE PLAN (WTF Close Price for SWING /POSITIONAL)
ENTRY -298 25 to 50% Qty, Add 50% qty progressively DTF Close
SL -248
TARGET - OPEN, TGT02--581
Hold For a 2-3 Year or TGT 2
Chart Pattern :
STOCK Completed a RBC of 12Y closing above the previous ATH in Monthly TF.
INDICATORS EMA :
The Price is Currently Trading above 20EMA, and 20EMa above 50EMA in DTF. STOCK EMAs are currently in Ascending alignment, indicating of a bullish Trend continuation DTF/WTF.
FIBO/E :
Volumes: There is a uptrend in Volume on the Monthly Charts for a Year above the 20VMA
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses in the direction of your POV...
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
After hours , 2 Stocks & The Rocket Booster Strategy Yesterday I was so tired
When I finally gave up on my trading systems..
Because I was frustrated I wanted more profit and a faster rate
Two stocks appeared on my trading systems:
📈 NASDAQ:NFLX
📈 NYSE:BABA
I was doubting myself doubting the systems
"They are too slow.." am thinking to myself today I wake up after long early morning practicing computer networking design.
Looking at the after hour's with shock 🤯 the prices have gapped just like
according to the #3 step in the 🚀 Rocket booster strategy .
--
Tomorrow am revealing to you "The Top13 Iron Watchlist"
This watchlist is the one I will be using to study the major market turns of 2025
Prepare to see it either on article or video or both..save the date 19th
October because that's when you Will see it.
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⚠️ Disclaimer: Trading is risky please learn risk management and profit taking strategies because you will lose money wether you like it or not.
BITCOIN (BTCUSD): More Growth is AheadBitcoin price broke and closed above a key resistance level on a daily.
The highlighted blue area also serves as the neckline for a cup and handle pattern.
Given that the cryptocurrency is currently in a bullish trend, this breach is likely to spark a significant uptrend.
I anticipate a rise to 70,000.
For entries, it may be wise to wait for a retest of the broken neckline.
ZYDUSWELL NSE RBC&H 2Y6M BO DTF/WTF SWING/POSITIONALZYDUS WELLNESS STOCK Analysis
TRADE PLAN (DTF Close Price for SWING /POSITIONAL)
ENTRY -2025 25 to 50% Qty, Add 50% qty 2320 DTF Close
SL -1890
TARGET -SWING 2476, 01-3130 , TGT02--3600
Hold For a 1-2 Year or TGT 2
Chart Pattern :
STOCK Completed a RBC of 2Y 6M touching the previous ATH, with 4.5Month Streak to Touch an ATH of 2484, after retracing its showing signs of Recovery from the or 3months it a, Retracing in Equal time to 50% FIBO Level forming a Bullish Flag Pattern.
INDICATORS EMA :
The Price is Currently Trading above 200EMA, and 20EMa below 50EMA in DTF. STOCK EMAs are currently in Transitional stage of alignment, indicating early start of a bullish reversal Trend on DTF/WTF.
FIBO/E :
Currently the price has leveled above 50% FIBO Retracement Level, Early Entry can be take as per your risk ability. Safe Investors Enter above 2085.
Volumes: There is a uptrend in Volume on the Weekly Charts for1 Weeks after the 11 weeks Pullback.
Keep in your Priority Watch List
Disclaimer: For Education/Reference Purpose Only, Trade at your Own Risk with correct position sizing and SL based on your Risk appetite (Exit when price closes 7to8% below your Entry).and re enter when trend reverses in the direction of your POV...
Trail Your SL progressively. Learn/Know and Review the Stock trading Technical Terminology. Check Verify the Financial fundamentals of the Stock and Seek Advice from a Certified Financial Advisor prior to Investing. Prefer Entry with 25% quantity, Add in Tranches of 25%-50% as prices moves upwards recommended.
MTFA- Multiple Time Frame Analysis
DTF -Daily Time Frame
WTF-Weekly Time Frame
MTF- Monthly Time Frame
ATH-All Time High
LTH -LifeTime High
RBC&H-Rounding Bottom Cup/Handle
BO- Breakout Close
EMA -Exponential Moving Average
FIBO R/E -Trend based Fibonacci Retracement/Extension
SL Stop Loss
TBD- To be Decided
CHoCH- Change of Character Bullish/Bearish
MSB/BOS -Break Out Structure
FVG Fair Value Gap
20VMA -20Volume Moving Average
SWING/POSITIONAL Trade
NASDAQ INDEX (US100): Important Breakout
US100 formed a cup & handle pattern and successfully violated
its neckline on a daily.
With a high probability, the broken neckline turns into support now.
We can expect further growth.
Next resistances: 20550 / 20720
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Incredibly bullish ETHUSD. Upper price target estimate $18400Ethereum is very oversold despite the foundation implementing many positive changes to the transaction system. Layer 2 solutions have made Ethereum very useful and as far as price appreciation, I do believe that the Ethereum Foundation is providing solutions to problems that the community has been discussing and is the best altcoin in the space when it comes to innovation and technological advancements from the start. Please don't take this as an accurate estimate of upper price target, but rather, what I personally believe to become a realistic estimate for how I FEEL and where price could go in the future.
US CRUDE OIL (WTI): Peculiar Pattern! Do You See It?USOIL has formed a cup and handle pattern at a key resistance level, with the market now testing the neckline.
A break and close below this level could signal a bearish reversal, with sellers aiming for a target of 68.93.
To confirm a breakout, a 4-hour candle close below the neckline is needed.
BTC Weekly Analysis: Cup and Handle Pattern Alert🚨 BTC Weekly Analysis: Cup and Handle Pattern Alert 🚨
I've been closely watching Bitcoin's weekly chart, and we're seeing a textbook Cup and Handle pattern forming. This setup is usually a strong bullish continuation signal, and I'm ready to jump in if we break out above the handle.
🔹 Entry Point: Around 66k-67k upon a confirmed breakout. 🔹 Target: Aiming for 130k. 🔹 Leverage: Suggested max 10x leverage. Starting with 30% of the position size, keeping 70% for DCA. 🔹 Stop Loss: Placing it below the handle with a weekly close as confirmation.
This could be a major move, so proper risk management is key! Let’s see how the market unfolds. 💹📈
Cup and handle with retestGood volume buildup in daily as well as weekly time frame.
Cup and handle breakout with good volume and after consolidation retest of price at the supply zone successfully.
Fundamentals are OK.
FII stakes are up.
NOTE: I do my analysis, do yours before trade.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
BTCUSDT 1D for me a long cup of coffeeBTCUSDT 1D for me a long cup of coffee
If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated Trading tool so that everyone can apply their strategies VISUALLY and PROFESSIONALLY, as we present in the analysis.
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BTCUSDT 1D for me a long cup of coffee
Right now we are in an erratic zone in BTC where anything can happen within the handle formation.
It could fall again until it touches the base of the dynamic support and rise again until it reaches the neck of the cup or resistance zone at 70k.
If 49k was the lowest part of the handle, we have to start building ascending lows and break the flag resistance. That is what we have to watch out for.
:GOAL: 120000
To see the forest as a whole, we cannot be inside the forest, because there we will only see trees :)
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I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
DC. Potential Cup and Handle with 775% gain.Here it is important to initially pay attention to moving averages and fact that the price has taken hold above the long-term moving average for the first time more than half a year. The price is potentially forming a Cup and Handle pattern on a two-year downtrend. Moon soon.
EURCHF: Is That a Bearish Trap?! 🇪🇺🇨🇭
Looks like we have a nice example of a bearish trap on EURCHF:
after a violation of a key support level, the price formed a cup & handle pattern
and started to recover rapidly.
With the violation of the neckline of the pattern,
the price successfully returned above the broken structure.
It looks like the pair may continue growing now.
Goal - 0.9388
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USDCHF BUY I'm buying USDCHF right at the breakout visible on the 1-hour time frame. Currently, the target is 40 pips, but there are a lot of room for rally.
What I like is the uptrend on the lower time frame (1h,4h), the nice breakout pattern that forms a cup and handle on the 4-hour chart, which looks like it's cut out of a text book, and positive sentiment in COT report :)
The stop loss is as tight as possible.
Have a safe trade :)
Elementary TA - Cup & HandleIn pure return % from the 2022 bottom (+330%) ; following 'Cup & Handle' TA guidelines, the +330% yields a future CRYPTOCAP:BTC price near the $300k mark...
Using the drawdown % from the 2021 ATH (-76.5%) and applying the same 'Cup & Handle' methodology, we have a more sober target of +76.5% from ~$70k and yield a future CRYPTOCAP:BTC price of $125k...
God speed
TRON Crypto + 3 Step Rocket Booster StrategyThe market is in a very steep decline.
Everything is on sale..and if you are into dip-buying
this is your moment
-
This is my first time experiencing
a dip buy in the market it kinda sucks
because the volatility is insane.
This is the time to focus on risk management
but if you are looking for a high
edge in the cryptocurrency side of things
then BINANCE:TRXUSDT
is the play I think that will
go on the high end of prices.
Which means:
#1-The price is above the 50 ema
#2-The price is above the 200 ema
#3-The price will go up in a trend.
Because this is a bear market
my last trade ideas have been dip-buy patterns
so if you got caught up in the volatility
without risk management am sorry
that's the nature of trading.
The 3 steps above are the rocket booster strategy.
Rocket boost this content to learn more.
Disclaimer: Trading is risky please learn risk
management and profit
taking strategies.
Because you will lose money wether you like it or not.