Get started

Rectangle

S&P500 INDEX (US500): Bullish Pattern... Again!The US500 is currently experiencing a strong bullish trend, which isn't surprising. After reaching a peak of 5,776 in September, the index began to consolidate. Recently, it has formed an ascending triangle pattern on the 4-hour time frame. A significant bullish signal will materialize if the neckline of this pattern is breached, confirmed by a 4-hour candle closing above the 5,891 level. If this breakout happens, we can anticipate a continuation of the bullish trend, with potential targets at 5,949 and ultimately the key psychological level of 6,000.
OANDA:SPX500USDLong
by NovaFX23
2
S&P500 INDEX (US500): Bullish Pattern... Again!It is not surprising that the US500 is currently experiencing a robust bullish trend. However, following a peak at the 5,776 level in September, the index started to consolidate. After breaking out of this consolidation, the market has formed an ascending triangle pattern on the 4-hour time frame. A strong bullish signal will be given once the neckline of this pattern is broken. Confirmation of this breakout will be seen with a 4-hour candle closing above the 5,891 level. If this breakout occurs, a continuation of the bullish trend can be expected, with potential targets at 5,949 and ultimately the psychological level of 6,000.
OANDA:SPX500USDLong
by linofx1
6
BMPS - 5 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 ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
MIL:BMPSLong
by TheArtOfCharting
SAGAUSDT Bullish TrendConsolidation Range : The price has been consolidating between approximately $2.60 and $3.20. This range appears to be forming a horizontal resistance level near $3.20 and a support level around $2.60. Ascending Pattern : There is an ascending triangle forming within the consolidation range, which is generally a bullish pattern. The price is making higher lows, indicating increasing buying pressure. Breakout Potential : The projection marked on the chart suggests that if the price breaks above the $3.20 resistance, it could potentially rally towards the $5.00 area. This is based on the height of the pattern being projected upward from the breakout point. Volume Analysis : The volume bar at the bottom shows that there is an uptick in buying volume. If this continues, it could confirm the breakout scenario. Support Levels : The horizontal lines also indicate previous support levels at $2.00, $1.50, and $1.00. These could act as key areas if the price faces a rejection or pulls back. Conclusion : The chart suggests a bullish sentiment as long as the price remains within the ascending pattern and breaks above the $3.20 level with significant volume. If the breakout is confirmed, the next target would be the $5.00 level. However, a failure to break out might lead to a pullback to support levels around $2.60 or lower. #DisclaimerON: Just sharing my thought, do with your own risk
Long
by YogaID
BS Secured Lending Fund [BXSL] vs S&P500 [SPY] as ETF-InvestHello folks, investment pot : 🔴 🟡 🟢 <<== Long-Term (over 1-5 years) ; Retirement/Savings thesis: "There are good alternatives to the SP500" instrument: The Blackstone Secured Lending Fund (NYSE: BXSL) is a Business Development Company (BDC) that primarily invests in the 'first lien senior secured debt*' of private U.S. companies. As a subsidiary of Blackstone, the world's largest alternative asset manager, BXSL provides financing solutions to companies in need of credit. With a market cap of over $5.9 billion, BXSL is one of the largest BDCs in the US. idea: The chart shows BSXL divided by the SP500 (SPY): As we can see, it outperforms the SP500 by approx. 10 percentage points. Additionally, it is building further upside-potential against the Index. Investors seeking a decent value pick as long-term savings/retirement hold, this Fund could be an interesting alternative. Assuming further dropping of interest rates in Q4/2024, this credit intensive business could profit from easing access to liquidity. technical: Ascending Triangle in comparison to the SPY500-ETF. fundamentals: 💰Strong Dividend Yield : BXSL offers an attractive dividend yield of around 10.2% , making it an appealing option for income-focused investors. 🚀 Solid Financial Performance : BXSL has demonstrated consistent financial performance with a market cap of over $5.9 billion and a net income of $708.24 million over the last 2 years. 🧠 Experienced Management : As a subsidiary of Blackstone, one of the world's largest asset managers, BXSL benefits from experienced management and a robust infrastructure, ensuring effective oversight and strategic decision-making. --- *footnotes: First lien senior secured debt is a type of loan that has the highest priority in being repaid, secured by the borrower's assets as collateral.
NYSE:BXSLLong
by OiconomiX_io
OReilly Long!I've entered a long position in $ORLY. Since this US stock reached its high in late July of this year, it has been continuously in a sideways correction, which is very bullish. In the last few trading days, it broke out of this channel to the upside and re-tested it on the last trading day. The price is currently supported by the 38.2% Fibonacci level, the upper boundary of the broken channel, and the moving averages are catching up. Let's see if this setup plays out as expected.
NASDAQ:ORLYLong
by p4917
Gold in search of the prestigious areaBy examining gold in the 4-hour chart, I realized that gold does not have the potential to grow with the previous strength, although the news of tensions in Asia caused its emotional movements, now we have a strong ceiling of 2666 above and a floor of 2632 below, probably gold likes the number 2710 It is touching, but it has to compensate for the liquidity gap of 2606. I predict an upward trend for the first day of the week and a downward trend for this week. Be profitable. #NDS #XAUUSDT #gold
CAPITALCOM:GOLDLong
by pvf1313
PSK - 6 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 ⚠ Breakout Area, Target, Levels, each line drawn on this chart and any other content represent just The Art Of Charting’s personal opinion and it is posted purely for educational purposes. Therefore it must not be taken as a direct or indirect investing recommendations or advices. Entry Point, Initial Stop Loss and Targets depend on your personal and unique Trading Plan Tactics and Money Management rules, Any action taken upon these information is at your own risk. ═════════════════════════════
TSX:PSKLong
by TheArtOfCharting