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BF UTILITIES LTD. - LOOKS GOOD!Following a brief pause, the previous upward trend is poised to resume. A Continuation Wedge (Bullish) represents a temporary interruption to an uptrend, taking the shape of two converging trendlines both slanted downward against the trend. During this time the bears attempt to win over the bulls, but in the end the bulls triumph as the break above the upper trendline signals a continuation of the prior uptrend. The pattern formed over 37 days which is roughly the period of time in which the target price range may be achieved, according to standard principles of technical analysis. This bullish pattern can be seen on the Daily chart of $NSE:BFUTILITIE. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade
NSE:BFUTILITIE
by hardeepssethi
BTC ANALYSIS (4h)🚀#BTC Analysis : Pattern Formation💲💲 🔮As we can see in the chart of #BTC that there is a formation inverse head and shoulder pattern and it's a bullish pattern. If #BTC breakout this pattern then this will indicates a potential bullish move.📈📈 🔰Current Price: $42995 🎯 Target Price:   $45785 ⚡️What to do ? 👀Keep an eye on #BTC price action. We can trade according to the chart and make some profits. The price must close above the neckline. After that we will see a bullish move. ⚡️⚡️ 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #BTC  #Cryptocurrency #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
1/25 Massive Tesla Red Day Recap and 1/26 Prediction From DataAfter today's price action, it is clear that investors are at disarray and uncertain for the future of Tesla. Here I will detail my analysis of today 1/25, and my predictions for tomorrow 1/26. In the graph, I plotted three possibilities pre-market 1/25 (from previous Idea, "Looking at Possible Dead Cat Bounce Levels"): Purple line-arrow (Most optimistic): A bounce of it's low and decay to $188-$190. Yellow line: Bounce off 0.618 fib line and decay to $185-$186. Red line (least optimistic): Minimal bounce, straight to $180. It looks like we went worst case scenario, hitting my $180 target faster than I expected. This confirms investor sentiment; at least until we get some good news from Tesla and guidance. For tomorrow's price action, I also have three possibilities in mind, so I will look at previous price movements in similar scenarios, as well as use what we know after today to get an some possibilities. During the last two (Q2, Q3) quarterly earnings, Tesla stock continued dropping for the two subsequent days. Q2: An additional 2.75% down from previous close. Q3: An additional 4.3% down from previous close. Today's event seems different, where the 12%-15% dip that Q2 and Q3 earnings experienced over multiple days seem to have happened in one day. I'll list the possibilities by what I believe is least probable to most probable: Blue line: bounce of $180 support and rise to $186-$188 range. I call this less probable because an increase on the day after a dip after earnings is odd (compared to Q2 and Q3 earnings.) Not impossible though, in the case that today's dip was an over exaggeration and a bulk of investors remain optimistic. (Buyers sitting on the sidelines?) Yellow line: Bounce between channel $180 - 183.50. I think this is a bit more possible because investors may be sitting in indecision, hoping to wait it out until more news is revealed (low volume perhaps?) Pink line: Dip below $180 to next fib line $176, and possibly lower. I personally think this is more likely, because it will be line with Q2 and Q3 instances (a dip of 4% from today.) Investors may begin thinking about opportunity cost in holding a stock with no guidance, expectations not met. Investors are in Tesla not because it is a value stock, but because it's a growth stock, and if there is no exciting growth, they may start looking to sell off for competitors that are showing the 100%+ quarterly growth in EV sales. I may revisit a long term analysis of the stock in the future, but for now, those are all my thoughts for tomorrow.
NASDAQ:TSLAShort
by valentine_j_
4
Shaky long-term trading for Tesla (Triple top + dip? )Since Oct. '21, Tesla has been trading along this channel. Some patterns emerge that we can point out: After hitting the top of the channel three times from Oct. 21 to Apr. 22, it was followed by a dip to the bottom of the channel. To a lesser degree, rising to about .75 the height of the channel on July 22 and hitting that region 3 times, this was also followed by a dip to the bottom of the channel. We currently have the same pattern emerging since July '23, with the price of TSLA dipping to below $200. This cycle is interesting because it is bouncing off the midline instead of the bottom of the channel. The next few days are going to be crucial for the stock: Bull case: If the stock can consolidate strongly along the $180-200, we may be able to break out of the channel to the upside. Bear case: If the stock fails to consolidate strongly along the $180-200 range, we may see a dip to $120-160. This will strongly depend on investor sentiment in the company, which currently isn't looking strong. A lot can happen in the next few weeks to turn that around, such as further advancements of AI for Tesla's autopilot.
NASDAQ:TSLA
by valentine_j_
Bitcoin price action analysis can reach 30k ranges The price has lost 50 Moving average and EMA top. Heading to 100 and 200 moving averages. Hopefully 200 MA must give some support or else it can reach more downside .The lower low price action indicates bearishness and no sight of uptrend . On weekly scale a large bearish wick is worrisome .if price retraced from rectangular box with good volumes there can be hope to reach 48k ranges again for retracement. if price goes down and down the 1 day MA and EMA will print death cross which can lead to more downside in next month mid. thank you.if helpful like and follow for more updates.
Short
by Zakir-Ahmed
Small MC crypto BTC2.0 Swing Trade $BTC2Potential opportunity for a nice swing trade at approximately $0.65. The stock seems to be forming a Cup and Handle pattern, which is a classic technical analysis formation. In a Cup and Handle, the price chart resembles the shape of a tea cup with a handle. It's considered a bullish continuation pattern, suggesting that after a previous uptrend, there might be a consolidation (the 'cup') followed by a smaller pullback (the 'handle') before another potential upward movement. This pattern often indicates a period of accumulation and can be a signal for a potential bullish trend. Keep an eye on the developments, and if everything aligns, it could be a great chance for a profitable short-term trade. Enjoy exploring the possibilities in the market, and happy trading, lads!
Long
by TraderWU
1
A triangle breakout can push price up by 35% in this stock!!Orissa Bengal carrier LTD. or OBCL is a company engaged in transportation and logistics business. The chart of this company hints at a breakout in near term. The stock had been trading in a symmetrical triangle for past 2 months and is now looking to breakout from the same. The stock tested the lower rising boundary line of the triangle on Thursday's session and what followed was a +10% move and nearly 2.5 times more average daily volume. The stock closed near to the falling upper boundary line of the triangle and is on the verge of breaking out of it. Projecting the symmetrical triangle target to the upside suggests that the stock could rally nearly 35% after the breakout towards INR 85-90 range. On the downside INR 56-57 is crucial support and can be used as "SL". Note*- Views are based on personal observations/opinions of the chart alone. Do your due research before making any trading/investing decisions.
NSE:OBCLLong
by neeraj_2_sharma
FTM ANALYSIS🔮#FTM Analysis : Pattern Formation 💰💰 📈📈 #FTM is making perfect "Double Bottom Pattern". If #FTM breakout the neckline and also retest the level then we can go long for short term💲💲 🔖 Current Price: $0.4340 ⏳ Target Price: $0.9207 ⁉️ What to do? - We can trade according to the chart and make some profits in #FTM. Keep your eyes on the chart, observe trading volume and stay accustom to market moves.💲💲 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #FTM #Cryptocurrency #DYOR
FLong
by ZEUS_Market_Alerts
7
Trade set-up_OFSS can give a breakout and rally 10% thereafter!The stock has been attempting to move beyond the INR4200 mark since September 2023 but its every attempt in past was met with some strong supply around the 4200-4250 zone preventing it from moving beyond. In this ongoing tussle between the buyers and sellers in the past three months the stock made at least 3 attempts to breakout above 4200 and the very same 3 attempts of the stocks are now clearly visible on the chart as an "Inverted Head &shoulders" pattern. The neckline of the pattern stands at the same old supply zone of 4200-4250. On decisive close above the 4200 mark and also upon breaking out from the inverted H&S pattern the stock can rally nearly 10% towards the INR 4600 region. CMP - 4166 SL - 4078(2.4%) TARGET - 4600(10%) RR - 1:4
NSE:OFSSLong
by neeraj_2_sharma
BCH ANALYSIS💥💥#BCH Analysis 🚀🚀 🔮 #BCH is trading in a Symmetrical Triangle Pattern and the price got rejected from it's trend line. A good move will be seen only if it breaks the trendline. If the price closes above above $255 then we will see a bullish move. 💸💸 📊Current Price: $233.2 🚀 Target Price:    $390 ⚡️What to do ? 👀Keep an eye on #BCH price action and volume. We can trade according to the chart and make some profits. Stay tuned for further analysis and stay updated with market sentiments and news.⚡️⚡️ 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #BCH #Cryptocurrency #TechnicalAnalysis  #DYOR
Long
by ZEUS_Market_Alerts
Keep your trades simple_ZYDUS_TRADE_SETUPWhen a stock gives you a clean breakout, you take it!! INR 650 level had been providing a strong resistance to this particular stock for more than 4 months now. The stock, in an attempt to go past this resistance made few dips and rallies which led to formation of an inverted head &shoulders pattern on the chart. INR 650 was the neckline of the pattern and the stock broke the neckline and closed above it with vol expansion on Thursday's trading session. The target pattern projection suggests an upward target of around INR720-730 for the stock. INR 650 should be a major support now. CMP - INR 657 SUPPORT - INR 650 TARGET - INR 720 SL - INR 635 Note*- The views expressed are based on personal observations/opinions. Please do you own research before making any trading decisions.
NSE:ZYDUSLIFELong
by neeraj_2_sharma
4
USDJPY potential bullish patternAs can be seen in the chart, there is a falling wedge pattern in the chart, which is a naturally a reversal chart pattern and is regarded as an intrinsically bullish formation. This chart pattern is occurring at the important Fibonacci level of 38.2%, and the fact that we have bullish divergence between price and the stochastic oscillator in 4-hour timeframe adds to the possibility of this chart pattern working. Entries may be initiated at the bullish breakout of the wedge pattern, and based on a one-to-one minimum price target strategy, we can anticipate the price to reach its previous daily high. Also it should be noted that in case of bearish breakout of the chart pattern this trade idea has failed alongside the chart pattern. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Long
by mohemati
1
EURUSD : FOREX Edu for DayTraders 📉Hi Traders, Investors and Speculators of Charts📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year 🏫 For the biggest part, I prefer to trade reactive rather than predictive. Chart patterns really come in handy with this strategy. Here are my top easy to spot chart patterns, specifically focused on bullish chart patterns today. The green highlight dots are to help identify the margins of the pattern and the purple highlighted dot is where entry can be taken. Please enjoy this free educational gold nugget ! Are you also trading crypto? Check out this altcoin idea with bullish upside potential : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
38
USDJPY: Anticipating Bearish MomentumHello traders, Trust you are doing great. Here is my concise Elliott wave view of the USDJP pair. Trend : Bearish (Local trend) initiated at 151.912. Structure : Wave 4 ABC correction, began at 147.150, appears completed at 149.746. Anticipation : Expecting impulsive bearish structure in Wave 5. Confirmation : Await breakout below 148.889 to the downside. Invalidation Zones : 149.760 and ultimate invalidation at 150.059. Targets : Downside objectives at 147.150 and 146.630. Cheers and happy trading!
Short
by Samuel124