ChainLink (LINKUSD) - Head and Shoulders and RectangleLINKUSD seems to have tested the neckline of its Complex H&S. This break also came out of a rectangle pattern.
Setting my stop at 16 and target would be 32. Entry at 18.04.
In a nutshell, ChainLink is essential for data movement between blockchains. It's functionality in the business world cannot be underestimated.
I would not claim to be an expert on this crypto but surfing through posts and research, it's got legit use in the real world.
Goodluck!
Rectangle
CAPTRUST - BUY ACTIVECAPTRUST- Capital Trust Limited - BUY ACTIVE
Chart Insights : Weekly Chart
Stock closed at 142 on 23-FEB-24
We can see stock is coming to break the resistance and can expect upside move if its sustain above the resistance.
BUY Active only on top of resistance , it may try to retest the same level in coming days , best buy on retest level & keep monitor for future investment.
Drawn support and resistance levels on chart for entry and exit reference.
Its Risky Investment , Invest less and wait for years. If it crosses 165 level and sustain we can see very good upside movement.
CADJPY: Waiting For Confirmation 🇨🇦🇯🇵
CADJPY is trading in a bullish trend.
After setting a new higher high higher close on a 4H time frame,
the pair started to consolidate within a horizontal trading range.
I am waiting for a bullish breakout of the resistance of the range.
4H candle close above 111.76 will indicate the strength of the buyers.
A bullish continuation will be confirmed then.
Next resistance will be 112.0
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JAGRAN - BUY ACTIVEJAGRAN -Jagran Prakashan Limited - BUY ACTIVE
Chart Insights : Day Chart
Stock closed at 121 on 22-Feb-24
We can see stock is trying to break the resistance and can expect upside move if its sustain above the resistance.
BUY Active only on top of resistance , it may try to retest the same level in coming day, best buy on retest level & keep monitor for future investment.
Drawn 3 support and 3 resistance levels on chart for entry and exit reference.
QUICKHEAL - BUY ACTIVEQUICKHEAL - Quick Heal Technologies Limited - BUY ACTIVE
Chart Insights : Day Chart
Stock closed @547 on 22-Feb-24
We can see stock breaks the channel pattern with good volume and can expect upside move if its sustain above the resistance.
BUY Active only on top of resistance , it may try to retest the same level in coming days , best buy on retest level & keep monitor for future investment.
Drawn support and resistance levels on chart for entry and exit reference
EURJPY: Intraday Bullish Confirmation 🇪🇺🇯🇵
I posted earlier a confirmed bullish breakout on a daily on EURJPY.
We see a strong intraday bullish confirmation now.
The price formed a horizontal range on a 4h time frame,
the resistance of the range was broken with a strong bullish candle.
Growth may continue on the pair.
Goal: 163.4
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Trupanion - Possible Upside Break with EarningsCompany Info:
Trupanion provides monthly subscription based medical insurance plan for cats and dogs.
In the last earnings report, it had the largest EPS upside in the past 5 years.
Earnings is this Thursday after market close.
Technical:
It is trading around this 19.50 to 35 range for the last 9-10 months.
Break above with strong earnings surprise, particularly from the revenue side can propel it past 35. Good pre-market volume would be a nice catalyst too.
Initial target from break would be around 48.
Additional Info:
- Price/Sales is only 1.2 (looks very low in this market)
- Fascinating that around 41% of the float is short and short volume ratio is 0.51.
There is potential for a massive short squeeze.
SOLARA - BUY ACTIVESOLARA - Solara Active Pharma Sciences Limited - BUY ACTIVE; Chart Insights : Day Chart; We can see stock is coming to break the resistance and expecting good upside move for bigger target. It should break the resistance and sustain above; BUY Active only on top of resistance breaks (490 level) and sustain & keep monitor for future investment;320 is support and 490 is resistance , in between is non-trending zone only zig zag movements. Drawn support and resistance levels on chart for entry and exit reference.
EMUDHRA - TRADING AT RESISTANCEEMUDHRA - eMudhra Limited - TRADING AT RESISTANCE Chart Insights - Day Chart We can see stock is trading in the channel pattern and now at resistance , If stock breaks the resistance and we can expect upside move if its sustain above the resistance. BUY Active only on top of resistance , it may try to retest the same level in coming days, best buy on retest level & keep monitor. Drawn support and resistance levels on chart for entry and exit reference
ACI - BUY ACTIVEACI -Archean Chemical Industries Limited -BUY ACTIVE---------------------------------------------------Chart Insights : Day Chart-------------------------------------------------------------------------------------We can see stock breaks the channel pattern with good volume and can expect upside move if its sustain above the resistance. BUY Active only on top of resistance , it may try to retest the same level in coming days , best buy on retest level & keep monitor. Drawn support and resistance levels on chart for entry and exit reference
EURCHF: Your Trading Plan Explained 🇪🇺🇺🇸
Update for EURCHF.
Similarly to AUDCHF, we spotted earlier a confirmed structure violation.
To buy with intraday confirmation, watch a horizontal range on a 4H.
Its bullish breakout - 4H candle close above 0.9512 will give you a strong buying signal.
A bullish continuation will be expected to 0.9535 level then.
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AUDCHF: One More Trend-Following Setup 🇦🇺🇨🇭
Update for AUDCHF.
Earlier, we spotted a confirmed daily structure breakout on a daily.
The price formed multiple bullish confirmations on a 4h time frame then.
First, the price formed a bullish flag and violated its resistance.
After that, the price managed to violate a resistance line of a horizontal range.
Sentiment is very bullish on the pair.
We can anticipate a continuation at least to 0.5775
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9076 - 7 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
5976 - 7 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
DXY at crucial pointHello Birdies,
DXY was in range since 2014 and in doing so create a bullish rectangle pattern.
Which had a breakout in April 2022 now we are about to have a retest of the pattern.
If this is a success and we get a bounce from here it means bearish for indices and crypto.
Now if we see it from smart money concept we see that.
There is a monthly and weekly block above untested
And DXY also created an Inducement which is a term used by ICT to mention that there is a FVG above which will be taken
Means price will revet back to take liquidity so this gives strength to retest
DOCKUSDT - 20 months RECTANGLE══════════════════════════════
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝
══════════════════════════════
Hello Traders ✌
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- since my parameters to identify a Classical Pattern and its scenario are very well defined, many of my comments were and would be redundant;
- the information that I think is important is very simple and can easily be understood just by looking at charts;
For these reasons and hoping to give you a better help, I decided to write comments only when something very specific or interesting shows up, otherwise all the information is shown on the chart.
Thank you all for your support
🔎🔎🔎 ALWAYS REMEMBER
"A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist"
═════════════════════════════
⚠ DISCLAIMER ⚠
The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk.
COMP bottoming formationCOMP has been ranging within the most meaningful portion of the range ($30-$60) for almost 2 years.
Now is testing the $60 level yet another time.
Looks like it has a real chance of breaking out this time around.
If it breaks out and flips $60 to support, there's quite some room for a run towards the $170 level.
Possible macro bottom for DCRDCR is one of the very few early coins that printed a macro higher high during their second cycle.
Clear monthly range and currently trading near range low.
A reclaim of $19-$20 on the weekly would look very promising.
Range low > mid range > range high.
BTC going parabolic is my only doubt though, because it could crash the entire market the moment it does a proper correction (both in price and time).
So my invalidation is a break of market structure on lower timeframes, not necessarily a break below monthly range low.