Mahindra & Mahindra Limited - Triangle pattern breakoutMahindra & Mahindra Limited - Triangle pattern breakout
StopLoss @ 752
Target 1 @ 820
Target 2 @ 867
Target 3 @ 917
Trianglebreak
Breakout: Birlasoft1. Birlasoft takes support from its trendline.
2. Breakout triangle pattern
3. Consolidating over a month.
3. Expected bullish on coming days.
- This is for educational purpose, please do your own research before doing anything.
EUR/NZD Realtime Trade IdeaIn 15min and 30min timeframe EURNZD is going to break the triangle pattern and hit the resistance line.
EURJPY multi time frame analysis shows it is necessary to shortOn my previous post on the 1 hour I showed a triangle which should've broke to the downside, once I see that happen I will enter a short position which i will manage on the daily time frame. Both of these posts demonstrate the need to short the market rather than go long. In summary I will use the hopeful break of the triangle on the 60 minute to confirm an entry into the trade on the Daily. Good luck!
If you found these helpful please like this post as i will be able to see if you guys found my first couple posts useful, Thank you!
XRPUSDT is trying to have a breakout from a descending triangle XRPUSDT is trying to have a breakout from a descending triangle. The price is between weekly structures. IF the price will have a breakout from the resistance and retest it as new support, we can add to our watchlist and wait for apply our rules, otherwise, if the price will lose the weekly support, we can look for a short position
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Binance CoinBINANCE:BNBUSDT
Range 325 is a heavy range for the trend
The process has tried many times to defeat it but has not been successful
Due to the small support line I have drawn within the channel, we can
He looked at it as an incremental triangle and waited for the price of
Resistance is intended for him to go beyond
BTCUSD LongBTCUSD has been gaining strength lately and I think there is a little bit more upside in the short-term.
CMCSA trying to break out!CMCSA has been forming an ascending triangle since March of 2021. With a Beta of over 1, the clear up trend on the weekly and even monthly makes sense.
With a Payout of 36.80% CMCSA guarantees a lot of room for growth and further dividend increases as well.
Technically:
* Looking at the price action over multiple time frames it seems like CMCSA may be breaking out in the coming week.
Trade Idea:
There are a few things you can do to enter this trade.
* You can enter now before the breakout. This would give you a nice return.
* It may dip a bit before trying to break resistance again so you can look for buying opportunities around the $57 area.
* Or ultimately you can wait for a clear break of this resistance before entering.
** The measured objective (target) for this pattern break out would be in the $65.78 area
Regardless of what you choose CMCSA is a great long term hold and is positioning itself for a move higher.
WHAT IS THE TREND OF NASDAQ?NASDAQ break its ascending channel and came down by a spike. now it makes a triangle pattern and I think it break from bottom and goes down till the target.
BUY DIP ON DISNEYTry to use the triangle and SMA 200 to find trading opportunities.
I think its very likely that the stock will blow up in Mid-September.
In the meantime you can slowly build your position or make some trades in the range.
BELUSDT is testing the weekly resistance 🦐BELUSDT is testing the weekly resistance inside a triangle. IF the price will have a breakout and turn the current resistance into new support, According to Plancton's strategy (check our Academy ), we can set a nice order
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <4h structure.
Ethereum/USDTBINANCE:ETHUSDT
The process, as we said in the past, after the correction
It will advance to the ceiling of the triangle and now the price
After reaching the roof of the canal, a recurring candle is formed
Which represents a correction for the trend that the price is somewhat
Will fall and then break the process to break the roof
The triangle will move forward and wait for confirmation after the failure
BULLISH play on APPL NASDAQ:AAPL A break outside the triangle is imminent... it can break either way but im bullish on apple and the cup and handle forming is another indication of bullish play. Plus earnings is coming...
ETH/USDTBINANCE:ETHUSDT
Fortunately, with the growth of bitcoin, it has been able to almost
End your downtrend and move above the midline
Has arrived and is expected to perform pullback on the midline
Be guided to the canal ceiling and in addition to the canal ceiling
The 34,000 range is a strong resistance range for the trend
After the defeat of the 34 thousand area, you can make a heavy purchase
ETH/USDTBINANCE:ETHUSDT
As expected the floor of the triangle is broken and up to the limit
The last support we identified was down and after
The collision with the support area had a strong upward return
And if the trend progresses without correction and re-enters the triangle
The downward trend is almost over, but it is likely to be inside the triangle
There is a correction to be made
EURUSD 4H (downward, channel pattern)Eurusd, i think the price will get the lower of the channel, because the direction also is down, and have a reaction with news of us dollar, so now us dollar have a more power
——-
Tendency: downward
entry: under 1.1786
tp.: 1.1700
sl.: stable above 1.1875
USD/JPY Multi Time Frame Analysis - Possible UptrendPurple Line = 4 Hour SNR
Red Line = 1 Hour SNR
Yellow = 5 Minute SNR
4 Hour candle close above 4 Hour support level and on 5 Minute chart we can see clear triangle which is break in uptrend and now if we see pullback price should go high at least till new 4 Hour Trendline Resistance
If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas
If you have some suggestion, comment or other opinion feel free to write it in comment
Wish you succesfull and consistent trading with profits!
This is not an investment advice.
"CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
ETH/USDTBINANCE:ETHUSDT
I have to give an explanation of the scope of the correction, which is usually for
Find out how much the price falls in the form of correction
Will have to try to find this range
Lower the time frame so that you can reach small peaks and valleys
But be effective and consider those limits for yourself
If at any time you see that the price fell further out of the correction range
Understand and change your entry point
ETH/USDTBINANCE:ETHUSDT
There is a psychological resistance to the figure 2000
Which has hindered the price advance, of course, because of the growth
The weight it needs needs a correction, the price falls somewhat
Will and then will continue the process of defeating the resistance again
And in case of failure try to get out of capital management
Be sure to use
Unibear or Bearicorn?Recent bearish news (500K UNI from grant gets dumped instantly, 500K remaining) could push this triangle formation to breakdown inline with wider crypto downtrend
Wait for the breakdown before opening short with stop-loss set on upper trendline of triangle
TP 1 ~9.9
TP 2 ~6.9
LINK/USDT Time Frame DailyBINANCE:LINKUSDT
To find strong support and resistance we can go to Time
Look at the frames above and we can see the price on
An important support is fluctuating and if the candlestick is the last one
If the positive Doji closes, the price can return to the upside
And the range of 20,000 is a strong resistance that breaks this area
It causes good growth for this currency.
