Get started

Triangle

GOLD → The market is nervous ahead of NFP. What's next?$FXCM:XAUUSD continues its strong upward movement, but along with the growth there are growing risks of a strong fall. NFP is ahead, and the situation is quite tense.... Fundamentally the situation is confusing, the main nuance is Trump's policy and the hawkish stance of the Fed, which creates pressure on the market, but gold, as we see, is rising due to the growing economic and geopolitical risks associated with Trump's policy, the crisis in the Middle East, Eastern Europe and economic problems in China. NFP is ahead, which creates additional risks: either an aggressive rise or a breakdown of strong support and the formation of a strong downward momentum. A weaker NFP may bring back expectations of an aggressive Fed rate cut, causing a broad correction in the US dollar, which could favor gold. Conversely, an upside surprise in NFP and wage inflation data could reinforce hawkish Fed rate hikes. Resistance levels: 2678, channel, 2693 Support levels: 2675, 2671, 2665 Technically, a strong bullish structure is forming. A break of resistance and favorable news could strengthen the rise to 2700. But, there is an additional scenario: Break of support of the rising structure or 2665 - 2671 may provoke capitulation and fall to 2655 - 2640. Regards R. Linda!
FX:XAUUSDLong
by RLinda
26
AUDUSD → Trigger breakdown will trigger a fallFX:AUDUSD is approaching the trigger that can provoke a strong fall. Against the backdrop of a strong and rising dollar, the Aussie doesn't stand a chance yet. The price is testing the level from the weekly timeframe, the breakdown of which will open the way to the abyss. There is no support until 0.54-0.55. Based on Trump's policy, the Fed's stance and the potential of the Australian dollar we can say that the odds are generally quite high that the price will continue its decline in the medium term expectation. Technically, on 4H the price is approaching the level of 0.6179. A pre-breakdown consolidation is forming in relation to the level. I do not exclude an attempt to retest the local resistance before further breakout, but the general technical and fundamental situation hints at a decline. Resistance levels: 0.6199, 0.622, 0.6274 Support levels: 0.6179 Downward channel, retest of support after false breakdown of resistance (deceptive maneuver before a strong fall). Emphasis on the trigger at 0.6179. Breakdown and price consolidation below the level will trigger a fall Regards R. Linda!
Short
by RLinda
8
TCPL Packaging Limited Triangle Patters Projective GrowthInvestment Analysis Blog Post: TCPL Packaging Limited Introduction TCPL Packaging Limited, a prominent player in the packaging industry, has recently released its financial reports, providing valuable insights into the company's performance and future prospects. This analysis will delve into the key financial metrics, growth potential, and strategic focus of TCPL Packaging, helping investors make informed decisions. Profit and Profit Growth TCPL Packaging has demonstrated strong profit growth in the recent quarter. Here are the highlights: - **Profit Before Tax (PBT):** Increased by 22% year-on-year to Rs. 45 crore in Q2, indicating robust financial health. - **Profit After Tax (PAT):** Reached Rs. 36 crore, showing significant growth and reflecting the company's ability to convert profits into tangible earnings. - **Cash Profits:** Reported at Rs. 64 crore, highlighting healthy cash flow generation which is crucial for sustaining operations and funding future expansions . EBITDA and Operational Efficiency - **EBITDA:** Grew by 18% to Rs. 77 crore, with margins at 17%. This growth reflects effective cost management and operational efficiency, suggesting that the company is optimizing its resources well. - **EBITDA Margin:** The stable to slightly increasing EBITDA margins around 15-17% in recent years indicate that TCPL Packaging is maintaining its operational efficiency despite market fluctuations . Future Plans and Growth Potential TCPL Packaging has several initiatives that promise significant growth potential: - **Expansion in Southern India:** A new Greenfield facility near Chennai is set to commence operations soon, adding about 750 tonnes of monthly capacity. This is expected to contribute Rs. 70-80 crore in annual revenue initially, with further expansion possibilities. - **Subsidiary Performance:** The subsidiaries are growing at a high double-digit rate, although there is a need for scaling up profitability. As the subsidiaries grow, improved margins are anticipated. - **Flexible Packaging:** Despite current underutilization, there are plans for a gradual ramp-up, with full utilization expected within 6-12 months. Future capital expenditures are being considered once full capacity is reached. - **Recyclable Films:** The facility for recyclable films is fully functional and ramping up utilization, aligning with the company's focus on sustainable solutions. - **Export Growth:** TCPL Packaging is experiencing strong growth in exports, driven by improved Indian supply chain capabilities, competitive pricing, and established trust with long-term clients across various regions. - **Capex Plans:** Rs. 100 crore is planned for FY25, primarily for incremental capacity in the carton business, flexible packaging, and strategic land acquisitions. Surplus cash flow may be directed towards debt reduction or growth opportunities through M&A or new business lines . Strategic Focus TCPL Packaging is committed to several strategic areas: - **Innovation and Sustainable Solutions:** The company continues to focus on innovation and sustainable solutions, which is crucial for long-term growth and market relevance. - **Operational Excellence:** There is a strong emphasis on operational excellence, ensuring that the company maintains high standards in its production processes. - **Market Share Expansion:** TCPL Packaging aims to expand its market share and deepen customer relationships both domestically and internationally, which is key to sustaining growth . Financial Insights Here are some key financial insights: - **Growth in Net Fixed Assets:** There has been a consistent increase in Net Fixed Assets, indicating significant capital investment in infrastructure and expansion. This grew from Rs. 29,365 crore in 2014-15 to Rs. 70,276 crore in 2023-24 . - **Net Current Assets:** Net Current Assets have shown notable growth, reflecting improved liquidity and working capital management. This increased from Rs. 4,483 crore in 2014-15 to Rs. 28,119 crore in 2023-24 . - **Total Assets:** Total assets have increased significantly from Rs. 28,660 crore to Rs. 100,072 crore, reflecting the company's expansion and asset accumulation. Funding Structure - **Shareholders' Funds:** Have grown from Rs. 11,383 crore to Rs. 52,572 crore, showing strong equity growth likely due to retained earnings and possibly new equity infusion. - **Long Term Loans:** Have increased significantly from Rs. 9,743 crore to Rs. 22,478 crore, indicating reliance on debt for funding growth. However, the debt to equity ratio has decreased to 1.12 in 2023-24, suggesting a move towards a more balanced capital structure. Revenue and Profitability - **Sales Turnover:** Has seen a steady rise from Rs. 49,116 crore to Rs. 151,278 crore, showcasing robust revenue growth. - **EBITDA and PAT:** Both have increased significantly, with EBITDA growing from Rs. 8,200 crore to Rs. 26,200 crore and PAT increasing from Rs. 3,219 crore to Rs. 10,137 crore. This reflects improvements in profitability over time. Earnings Metrics - **Earnings Per Share (EPS):** Has increased from Rs. 37.00 in 2014-15 to Rs. 111.39 in 2023-24 and TTM 129.32, indicating growth in per-share earnings. - **Dividend Per Share (DPS):** Has also increased, showing the company's commitment to shareholder returns. Financial Ratios - **ROCE (Return on Capital Employed):** Has varied but settled around 19.86% in 2023-24, indicating a good return on the capital employed. - **RONW (Return on Net Worth):** Has shown a positive trend, reflecting efficient use of equity. - **Debt to Equity Ratio:** Has fluctuated but decreased to 1.12 in 2023-24, suggesting a more balanced capital structure. Quantitative Analysis - **CAGR (Compound Annual Growth Rate):** - **Sales Turnover:** Approximately 13.2% from Rs. 49,116 crore in 2014-15 to Rs. 151,278 crore in 2023-24. - **EBITDA:** Around 13.8% from Rs. 8,200 crore to Rs. 26,200 crore. - **PAT:** Approximately 13.6% from Rs. 3,219 crore to Rs. 10,137 crore. Financial Stability and Operational Efficiency - The increase in both equity and debt shows a strategy of balanced growth, with a slight shift towards reducing debt dependency in recent years. - Stable to slightly increasing EBITDA margins suggest operational efficiency despite market fluctuations. - The consistent increase in EPS and DPS indicates a focus on enhancing shareholder value through profitability and dividends. Conclusion TCPL Packaging Limited presents a compelling investment case with its strong profit growth, efficient operational management, and robust expansion plans. The company's focus on innovation, sustainable solutions, and operational excellence positions it well for long-term growth. The financial metrics, including revenue growth, EBITDA margins, and profitability, all indicate a healthy and growing business. For investors looking for a stable yet growth-oriented company in the packaging sector, TCPL Packaging Limited is an attractive option. The company's balanced funding structure, improving financial ratios, and commitment to shareholder returns further enhance its appeal. As the company continues to expand its capacity, deepen its market presence, and focus on sustainable solutions, it is likely to remain a strong performer in the industry.
NSE:TCPLPACKLong
by stocktechbot
Can BNB reach around $1000 ?...Currently, BNB is forming an ascending triangle, indicating a potential price increase. It is anticipated that the price could rise, aligning with the projected price movement (AB=CD). However, it is crucial to wait for the triangle to break before taking any action. Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
2
I think I have drawn a flawless painting !!! As you can see, the price is forming two bullish patterns on the 4-hour timeframe. I expect the price to rise to the top of the triangle to complete the handle of the cup and handle pattern. If my view is correct, Cardano will rise to $1.5 . so I think I have drawn a flawless painting!!!!! Give me some energy !! ✨We spend hours finding potential opportunities and writing useful ideas, we would be happy if you support us. Best regards CobraVanguard.💚 _ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Long
by CobraVanguard
5
EURAUD: Your Trading Plan For Next Week ExplainedEURAUD is currently in a long-term uptrend on the daily chart. At the beginning of the year, the price created a large ascending triangle pattern, which is a common bullish formation. A significant bullish signal would be a breakout above the resistance line, which acts as the neckline of the pattern. Confirmation of buyer strength and a continuation of the bullish trend would come with a 4-hour candle closing above this level. The next target for the price would be 1.6761.
Long
by linofx1
2
GBPUSD → Consolidation in the selling zone held by bearsFX:GBPUSD made an attempt to grow, but could not overcome the bears' pressure zone. The reasons for the growth are the dollar correction, which was short-lived. The main trend is not broken. On D1 the price after breaking through the key support at 1.25 tested it already as resistance within the correction. A false breakout of resistance is formed and price consolidation in the selling zone. The sharp impulse was related to the dollar, which fell after Trump's comments on rumors related to his policy. The dollar returned to the upside creating another bout of pressure on GBP. Technically, the main trend is bearish. The price is in the selling zone and bears are not ready to give up their positions. The risk of trend change may come after the breakout of 1.26, but it is too early to talk about it... Resistance levels: 1.2575, 1.26 Support levels: 1.2488, 1.2449 The price is trying to consolidate in the selling zone, which generally indicates which way the market intends to go. Bears are increasing pressure and if they keep the price below 1.2488 - 1.2449, we will see a fall in the short and medium term. Regards R. Linda!
Short
by RLinda
3
Bitcoin can exit from pennant and then start to growHello traders, I want share with you my opinion about Bitcoin. Looking at the chart, we can see how the price a few moments ago broke the resistance level, which coincided with the seller zone and continued to move up next. Price rose to 108300 points (New ATH) and then started to decline in a triangle. In a short time, BTC fell to the 101800 level, broke it again, and then made a retest, after which continued to move down. Later, the price fell to the support level, which coincided with the buyer zone, and then bounced up, but soon turned around and declined back to the 93400 level. Then BTC turned around and rose to the resistance line of the triangle and then started to fall to the buyer zone. After it reached this area, the price some time traded inside and then rebounded up, thereby exiting from the triangle and continuing to grow in the pennant. In a pennant pattern, Bitcoin rose to the seller zone, after which it turned around and dropped to support line of this pattern. Recently it rebounded and now I expect that BTC can fall a little more, even exit from pennant, and then turn around and start to grow. For this case, I set my TP at 99000 points. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
4
ADA/USDT A Bullish Bounce on the Horizon ?The chart shows Cardano (ADA) pulling back to retest the breakout zone, presenting a potential long opportunity if support holds. Key Observations 1. Retest of Pattern: ADA has broken out of a pattern and is now retesting the breakout zone, which aligns with a critical support area. 2. Support Zone ($0.90–$0.88): This is an important level where price is likely to bounce if buyers step in. 3. Bullish Confirmation Needed: Waiting for a bullish candlestick pattern at this level would confirm a potential reversal. 4. Target Levels: If the bounce occurs, the immediate target would be $1.00+, with further potential upside depending on market momentum. Strategic Implications Monitor the $0.90–$0.88 zone for bullish signals. Enter long positions upon confirmation of a bullish candlestick pattern. Stop-loss placement below $0.88 to manage risk effectively. ADA is at a crucial retest point. A strong bounce from support could provide a profitable long setup with targets above $1.00. Keep this pair on watch for confirmation.
Long
by wolfchemist
Triangle count for XRP and what it would mean EW wiseIf XRP is going to continue to respect the triangle, we should see another rejection around $2.45. Then a 3 wave move back down to the $2.10 area, though Wave E’s are allowed to be shallow and aren’t required to touch the bottom trend line. If you think Market Makers want to continue to draw out the correction to exhaust the bulls even further, then you likely lean towards this count. Also, a triangle correction here would give me confirmation that we only have one more push up - AKA the final 5th Wave. You can’t have a triangle as a Wave 2, only Wave 4’s. It would also mean this is the same Wave 4 triangle as 2018-2024 range, just one degree lower/smaller. This would mean we are about to start the 5th wave of the Super Cycle Wave 5. If XRP rips from here, then I’ll leave open the possibility that the current correction could be either a Wave 2 or a Wave 4.
BINANCE:XRPUSDShort
by SqueaksUofA
14
ATH Elliotwave idea - The end of the cicleMy Elliott Wave Count and its Implications for the End of this Cycle This is my bullish scenario where the highs were not breached and the last 5th wave was not truncated. It's important to acknowledge that this 5th wave, the 'Trump pump,' was significantly extended and impulsive compared to wave 1, the beginning of the cycle. Typically, the 5th wave exhibits characteristics similar to the 1st wave. However, in this cycle, the 5th wave more closely resembles the impulsive and extended nature of wave 3. In this scenario, we can anticipate that this 5th wave, the last major wave, might have been extended, as illustrated in this idea. However, it's crucial to remember that a significant downtrend could ensue if we lose the 85k level. A retracement from that level might necessitate a re-evaluation of the Elliott Wave count.
PHEMEX:BTCUSD.PI
by jccp_eu
GOLD - Price can rise a little and then start to declineHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price declined inside falling channel, where it fell to support line and then rose to resistance line. Then Gold fell to $2615 support level, after which made a strong upward impulse, thereby exiting from channel. Also later, price broke $2665 level and then rose to $2726 points, after which started to trades in triangle. In this pattern, price dropped to support line, breaking $2665 with $2615 levels and then trading between $2615 level. Later Gold finally broke $2615 level and rose to resistance line of triangle, after which made correction. Now, I think that price can rise to almost resistance line of triangle and then start to decline to $2615 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
7
ALGO's expected movement!BINANCE:ALGOUSDT ALGO is in a symmetrical Triangle which means we can't be sure of the coming movement. BUT! Ichimoku cloud shows a positive sign to us which means the price can increase to the top of the pattern easily👍 ⚠️ Disclaimer: This is not financial advice. Always manage your risks and trade responsibly. 👉 Follow me for daily updates, 💬 Comment and like to share your thoughts, 📌 And check the link in my bio for even more resources! Let’s navigate the markets together—join the journey today! 💹✨
Long
by CRYPTONIC_trend
2
AVAX/USDT Weekly Symmetrical Triangle FormationThe chart illustrates a classic symmetrical triangle pattern on the weekly timeframe, suggesting a period of consolidation before a potential breakout. The price is holding above the 50-week moving average (MA50), reinforcing the bullish outlook. Key Observations The symmetrical triangle indicates indecision in the market, with buyers and sellers converging. Holding above the MA50 signals strong support and a likelihood of upward momentum. A confirmed breakout above the upper trendline will validate the bullish scenario and trigger significant upward movement. Targets Upon Breakout $61 - $149 Strategic Implications Patience is key. Monitor for a breakout with strong volume confirmation above the triangle's resistance. Failure to break out may result in continued consolidation within the pattern. This setup offers significant potential for medium to long-term gains if the breakout materializes.
Long
by wsaetos