Breakout Trading Mastery: Unlocking Explosive Market MovesHave you ever entered a trade just to watch the market move sideways, leaving you stuck in indecision? Or perhaps you've missed out on massive moves because you hesitated to act? These scenarios are common struggles for traders navigating volatile markets. Understanding breakout trading could be the key to overcoming these challenges and capturing significant price movements.
Breakout trading is a powerful strategy that focuses on entering trades when the price breaks through established support or resistance levels. This method leverages momentum, aiming to catch substantial market moves early. Whether you're a beginner seeking structure or an advanced trader looking to refine your edge, mastering breakout strategies can significantly enhance your trading performance.
A. The Psychological Side of Breakout Trading 🧠
Fear of Missing Out (FOMO): Traders often jump into breakouts late due to FOMO, leading to poor entries. Recognizing this emotion and setting predefined entry rules can mitigate this issue.
False Breakouts and Doubt: Experiencing a false breakout can shake a trader's confidence. Understanding that not every breakout will succeed is crucial for long-term success.
Overconfidence After Wins: A successful breakout trade may lead to overtrading. Staying disciplined and sticking to your strategy prevents emotional decision-making.
Tip :📝 Keep a trading journal to track your emotions and decisions during breakout trades. This practice helps identify patterns in your behavior.
B. Breakout Strategies and Tools 🛠️
1-Identifying Key Levels 🔑:
-Support and resistance zones, trendlines, and chart patterns (e.g., triangles, flags) are prime breakout areas.
-Use higher timeframes (4H, Daily) to validate significant levels.
2-Volume Confirmation 📈:
-Breakouts accompanied by high volume tend to be more reliable.
-Tools like the Volume Profile and On-Balance Volume (OBV) can provide confirmation.
3-Entry and Exit Techniques 🎯:
Aggressive Entry: Enter immediately after the breakout with tight stop-loss placement.
Conservative Entry: Wait for a retest of the broken level before entering.
Stop-Loss :
You can place your stop-loss just below/above the breakout level or use ATR (Average True Range) for dynamic stops. Alternatively, position your stop-loss below/above the previous swing high/low based on Dow Theory. If your trigger is a candlestick pattern like an indecision candle, consider setting the stop below its shadow. You can also place it below the breakout box you've identified. The key is to backtest each method and choose the one that best suits your trading style and market conditions.
4-Risk Management ⚖️:
-I recommend risking a maximum of 1% per trade, though this can be adjusted based on your individual risk tolerance.
-Aim for a minimum Risk-Reward Ratio (R:R) of 1:2 to ensure trades are worth taking.
Tip : 📊 Combine breakout strategies with momentum indicators like RSI for stronger confirmation.
C. Lessons from Real-World Trading 📚
Case Study:GRTUSDT 3/Jan/25 Breakout 💡
Practical Application 🛠️:
Start by backtesting breakout strategies on historical data.
Apply strategies on demo accounts or with small capital to build confidence.
Adjust and refine entry and exit rules based on performance.
Tip: ⏳ Not every breakout leads to a trend; be patient and selective with trades.
Breakout trading offers a strategic edge when executed with discipline and proper analysis. By understanding market psychology, applying robust strategies, and managing risk effectively, you can position yourself to capitalize on powerful market moves.
🚀Ready to refine your breakout strategy? Start identifying key levels today and share your insights in the comments below!
I'm Skeptic , dedicated to providing clear and unbiased trading insights. Let's navigate the markets together and achieve consistent growth! ✍️
Volume
And Bearish on AirBNB. ABNBA very suggestive constellation of factors here adding to the supposition of a harmonic triple drive forming. You can look at the candlestick cross of indicator lines, as well as stochastics and volatility data below. There is certainly confirmation of correction over the previous rally. Downward volume is dominating. Overall, this is a highly suggestive picture.
NASDAQ - Resistance with Fair Volume GapOn NASDAQ , it's nice to see a strong sell-off from the price of 21275.00. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
Fair Volume GAP (FVG) and high volume cluster are the main reasons for my decision to go short on this trade.
Happy trading,
Dale
ES - continues the downtrendOn ES , it's nice to see a strong sell-off from the price of 5942.50. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
Fair Volume GAP (FVG) and high volume cluster + Weekly POC are the main reasons for my decision to go short on this trade.
Happy trading,
Dale
EUR/USD Resistance with Fair Volume GapOn EUR/USD , it's nice to see a strong sell-off from the price of 1.03020. It's also encouraging to observe a strong volume area where a lot of contracts are accumulated.
I believe that sellers from this area will defend their short positions. When the price returns to this area, strong sellers will push the market down again.
Fair Volume GAP (FVG) and high volume cluster are the main reasons for my decision to go short on this trade.
Happy trading,
Dale
NEIROUSDT: Is the Market Ready for a Breakout?
Hello, traders! Today we’re analyzing $NEIROUSDT. The chart is showing an upward trend with key resistance at 0.0008378 USDT . The current price sits at 0.0008189 USDT , and the market appears poised for a move. Will it be a pump, or are we in for a pullback?
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🔑 Key Levels:
Support:
0.0008100 USDT — a zone where buyers may hold the market steady.
0.0007800 USDT — a backup support level in case of a dip.
Resistance:
0.0008378 USDT — the critical level that must break for continued growth.
0.0008700 USDT — a profit-taking target after the breakout.
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🚩 Trading Strategy:
Entry Point:
- Consider going long after a confirmed breakout above 0.0008378 USDT with volume confirmation.
Stop-Loss:
- Place your stop below 0.0008100 USDT to minimize risk.
Take-Profit Targets:
0.0008500 USDT — the first target for partial profit-taking.
0.0008700 USDT — the final target for this move.
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📈 Technical Analysis:
The upward trend signals increasing buyer interest.
Volumes are gradually increasing, confirming bullish intentions.
If the price consolidates above 0.0008378 USDT , it could trigger a significant impulse.
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💡 Conclusion:
The NEIROUSDT market is at a critical decision point. Will buyers maintain control, or are we heading for a pullback? Share your thoughts in the comments and keep an eye on key levels!
the XMR is going to blow your mind Indicators Used:
Moving Average 20 High (Red Line): This serves as a resistance level.
Moving Average 20 Low (White Line): This serves as a support level.
Fibonacci Retracement Levels: These are displayed and show key retracement and extension levels based on a recent price swing.
Volume Bars: Shown in red and green, indicating selling (red) and buying (green) volume intensity.
Price Action:
The current price is around 199.88, trading slightly below the 20 High MA (Red) and above the 20 Low MA (White). This suggests consolidation between these moving averages, acting as short-term resistance and support.
The price retraced after hitting a local high and is now testing the Fibonacci 0.5 and 0.618 retracement levels, which are strong zones for a potential reversal or continuation.
Fibonacci Levels:
0.618 Level: The price is near this retracement level, which often acts as strong support during retracements in uptrends.
Extension Levels: Levels like 1.272 and 1.618 suggest potential future price targets if the uptrend resumes.
Volume Analysis:
The volume bars show a mix of buying and selling pressure, with some decrease in recent activity. This could indicate indecision in the market, waiting for a breakout or breakdown.
Scenarios to Watch:
Bullish Scenario:
If the price breaks above the 20 High MA (Red) and maintains above the 0.618 retracement, this could signal a continuation of the uptrend.
Look for a retest of resistance levels around 204 (near Fibonacci 1) or higher extensions like 1.272 or 1.618.
Bearish Scenario:
If the price falls below the 20 Low MA (White) and breaks below the 0.618 retracement, it may test lower support levels near 194 or even 190.
Sideways Scenario:
The price could consolidate between the 20 High MA and 20 Low MA, with traders waiting for a breakout.
Key Levels to Watch:
Resistance:
200.27 (20 High MA)
204 (Fibonacci 1 level)
210-212 (Fibonacci extension levels)
Support:
198.01 (20 Low MA)
194 (Historical Support Zone)
190.10 (Major Support)
This chart shows a critical point where the market could decide its next direction. Pay close attention to how the price interacts with the moving averages and Fibonacci retracement levels to plan your next trade!
Btc bearish scenarioAfter a long parabolic run , fueled by optimism of adoption and a incoming administration that spoke welcoming of Btc, profits must be taken. In January through April we should see those profits be booked before tax deadline. Looks like distribution is happening. Without any major catalyst we could see some retrace to the support zones below.
Not investment advice.
GREAT DEAL I SAW TOO LATE - XRP!!!1. The price of the coin after the pump stabilized in the range, having tested the level of 2.002 three times and received a reaction from buyers - a strong bullish sign!
2. Looking at the OBV chart, we see a bullish divergence - the drop was made with a non-equivalent sales volume - bullish sign!
3. 2.002 was a great point to enter long in terms of R/R and targets at the upper band of the range - 2.72!
EXPECTATIONS - REACHING THE UPPER LIMIT OF 2.72 USD, CONSOLIDATION AND RENEWAL OF HISTORICAL HIGHS!
I wish I had seen the opportunity for a trade in time(
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.
USD/JPY: where is my carry trade?Hi everyone,
Since my last idea, a lot has changed. My swing target of 150 was reached, and buyers took over in December. Recently, USD/JPY hit a 6-month high of ~158.5.
Since that low at 150 in December we saw different major signals from UJ:
"When the last buyer died..." buyers volume spike on 19 of December. Healthy accumulation on 4 of December supported the rally, showing more love for the dollar than yen.
"Heyyy, I know this thing—order block!" Post-Dec 19, price rose to 158.4 with waning buyer volume and mounting shorts. OB or just noise? Suspicious either way.
"Is this still an uptrend?" Price action shows small but consistent higher highs/lows. Volatility indicators hint at rising consolidation.
"Dollar supremacy forever?" Yes, dollar is stronger, but corrections happen. Whether at 70 or 175 USD/JPY, dollar will still be stronger.
"BoJ wouldn't intervene before 160. Are they bluffing?" May be possible, but I doubt it. The finance minister concern was very high yen depreciation and they mentioned that "we wouldn't let USD/JPY reach 160". But Japan’s MO is more stealth than spectacle I think.
Lastly, for my technical analysis lovers, pitchforks . Pitchforks are a more "hipster" way to draw trendlines. Maybe also more mathematical way. They are easy, but advanced pitchfork usage may be tricky.
As you see in the chart, we’re stuck between an upper bound and a demand zone. This supports my idea of consolidation, since the demand zone and the upper pitchfork are the current support and resistance.
Another one for tech analysis lovers. Elliott Waves . There is a possibility that we are in the so called "elliot correction waves", which is often seen after an uptrend. Leg A was the summer drop, leg B took us to 158.5, and leg C could dip us to 136–146. Probability? No idea, but the range fits the pitchfork, Elliott theory, and interest rate differential. Your guess is as good as mine.
Chapter 1: Rising Distribution – Not Your Average Wyckoff
The distribution I am talking about is not the Power of Three or AMD distribution concept. For old school lovers, the distribution I mean is based on Wyckoff method. Wyckoff was an analyst who described the difference between trends and ranging markets way before traders had 3 screens with gradient indicators and fancy ways to detect the regime.
In his method, there is a thing called "distribution". It is when the institutions are fed up with the uptrend and want to sell an asset. This is also when the "buys" are transferred from institutional hands to our, normal traders, hands. How does it work? FOMO, news and herd instinct. This is where "don't stand in front of an ultra-fast train" fails.
Classic Wyckoff distribution : the point where institutions get off the train, and retail traders hop on thinking it’s express to the moon. Rising distributions happen when the crowd still expects an uptrend, but the big players quietly exit. Seems like they have another train plan. At least, that's what the volume delta says. :)
Chapter 2: The Macro Mix
US is strong. Still solid. Even with inflation and bubbles, USD rides high thanks to its post-WWII economic dominance. This allows US to export their debt until today. Debt, tech booms, and AI surges aside, the system holds.
We’ve swapped dot-com booms (2000 DotCom Bubble) for AI hype and NVIDIA super-processors. Just like the early 2000s with software, we’re seeing another leap, but with AI, robotics, and LLMs instead of spreadsheets and PCs.
I wont mention any other issues with US economy, you could read that in my previous idea, and Trump tariffs wouldn't help it either, so everything stays the same.
Another thing, but not only concentrated on US: wealth gap. Wealth gaps grow, and some of the folks that were living right in the middle, having more than enough, but not too much, are struggling financially now, or became rich and big. But blindly piling into assets isn't the answer. Markets shift, and the rich adapt.
If you want more insights about the wealth gap and how it may worsen the recession, check out the amazing videos from "Garys Economics" . A former Citi bank top trader, Gary specializes in forex, especially Yen and Swiss franc.
Chapter 3: Yen vs. Dollar Carry Trade
The interest rate differential is narrowing. BoJ raised their rates for the first time since the '90s. Japan’s deflationary pressures pushed change . Sure thing Japan has to change something, and they did and will do.
Japan is still a tech and automotive powerhouse, but monetary policy is tricky. Wouldn’t a cheaper yen help exports? Its complicated. Dollar and euro is still doing fine, being ones of the leading currencies in the world and also leading in exports. I don't think that matters that much.
Now, zoom out of the chart. Historically, USD/JPY was 138–145 at similar USD rates. Add the new yen rate, and voilà: you get my 136–146 range.
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Finalizing, USD/JPY is my muse. It is my main trading currency, maybe the only one. The a constant battle between east and west, logic and mystery is truly beautiful. Since Dec 19, it’s been weird for most of us.
Currently with AI surging in trading, we see companies fighting to find the alpha in the market. The strategy that will always work, the key to unlocking the market. This goes on for years and didn't start only now. Markets evolve, new players enter, and unexpected events (Black Swans) rewrite everything. Nevertheless, the "holy grail" strategy doesn’t exist (yet).
More and more AI models are flexible and need to be improved faster and faster. So should your strategy be, even if you are not an AI.
AI or not, adaptability is your true alpha. I’ve also updated my own metrics, ditched outdated ones, and embraced new indicators and models.
Learn some coding. Python, R, and Pinescript will be as essential as Excel soon.
You could also start with pinescript by editing your indicators/strategies in a way, that your ideas are implemented in it.
Never stop learning, even when it feels like the market is gaslighting you.
Navigate the markets like an explorer: decode shifting patterns and embrace the unknown future.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always perform your own analysis before making trading decisions.
Downward for Exxon Mobil. XOMPicture is highly suggestive of an Elliott downward impulse, with wave 5 remaining. Momentum is certainly building, indicators are about to turn.
The narrow price action in the most recent candles are highly suspect for a wave 4 in the undergoing impulse. Fibtime is not excluding the possibility of Wave 5 yet.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green or purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line.
Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis.
Professionally, we are big fans of any indicators from Jurik, De Mark and Ehlers, which we use in addendum in analysis prior to putting down positions.
We prefer a combination of at least four technical factors to favor a particular stance. A stance is never decided by this constellation, rather the constellation merely confirms the stance.
Trading is a true one man sport. No single confluence of indicators is truly good enough, and a professional trader's sense must be developed through a lot of hard work and over a significant period of time. Good luck out there and stay safe.
Bullish on Walmart. WMTThere is a squeeze developing on this stock, whether you look at Bollinger Bands or the Band formed by the upper and lower MIDAS curves. If a move is imminent, it is more likely to the upside given the stochastics and volatility indicators. This is certainly supported by increase. One major worrying equation is the progressively dropping volumes as the peaks progress.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green or purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line.
Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis.
Professionally, we are big fans of any indicators from Jurik, De Mark and Ehlers, which we use in addendum in analysis prior to putting down positions.
We prefer a combination of at least four technical factors to favor a particular stance. A stance is never decided by this constellation, rather the constellation merely confirms the stance.
Trading is a true one man sport. No single confluence of indicators is truly good enough, and a professional trader's sense must be developed through a lot of hard work and over a significant period of time. Good luck out there and stay safe.
BTC Dominance: Volume Insight!As on the chart: I believe the volume suggests the big alt season will come soon, and that BTC dominance is correcting. And that, given the current scale of the move, the alt season will be less impressive than both of those before. Each alt season has effectively been less impressive than the last, with last cycle's alt season not even able to break the lows of the previous alt season dominance-wise!
The two sets of lines indicate a first corrective phase on dominance, consolidation where volume drops off, and then the really big dominance correction where once again rises. The pattern is very clear and visible to all!
This 'in a few months' view aligns with my EW analysis and time-cycle analysis, which is why volume as another confirming factor gives me additional confidence.
Is the Dollar Set to rally Before Trump is in office? #USDCHF In this video I go in depth as to why we believe we are set to see higher prices on USDCHF and the US Dollar as a whole.
On the monthly timeframe we can see a large ranging market for USDCHF but we believe this time it will different. Check out the video to find out why in detail! - @BlueOceanFx
EURUSD. The buyer is not showing any strengthHey traders and investors!
(For a detailed analysis, refer to the related post)
The buyer is not showing any strength. The price is once again below the lower boundary of the range (1.03319).
The bar on January 8th shows a slight increase in volume, indicating increased interest from both buyers and sellers. Volume is accumulating in the same area from where the buyer emerged on January 6th (the blue line on the chart shows the range where 33% of the bar's volume was traded).
As long as the price remains below 1.03319, it is preferable to look for sell opportunities (sell patterns). Above this level, buy patterns can be considered.
For buying, it would be beneficial to accumulate volume below 1.03319 today and maybe tomorrow, then move back above the level and defend the breakout.
I wish you profitable trades!
#COPR Egyptian stock#COPR time frame 1 DAY
created a bullish Gartley pattern
Entry level at 0.358 to 0.33
Stop loss 0.31 ( loss may go to up 11% )
First target at 0.455 to 0.485 ( with profit around 32% )
Second target 0.544 to 0.656 ( with profit around 55% )
Third target 0.617 ( with profit 70% )
Hight expectation with stop loss more than 11%
the positive thing here is MACD created a positive diversion with low volume at last 3 weeks .
NOTE : this data according to time frame I DAY , it`s may take period up to 3 months to achieve targets , you must study well the Alternative opportunities before invest in this stock .
Its not an advice for investing only my vision according to the data on chart
Please consult your account manager before investing
Thanks and good luck
ETHUSDT: Attempting a Recovery After the Dump
Hey, traders! Today, we’re focusing on $ETHUSDT. The price is trying to recover after a sharp dump, currently sitting at 3,345.52 USDT . We see a support level at 3,308.46 USDT , which has held up under pressure, but its retention remains critical.
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🔑 Key Levels:
Support:
3,308.46 USDT — the key zone where buyers might keep the market steady.
3,302.52 USDT — an additional defense level in case of renewed pressure.
Resistance:
3,360.00 USDT — the nearest target to test the bulls' strength.
3,400.00 USDT — a zone for partial profit-taking if the upward momentum continues.
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🚩 Trading Strategy:
Entry Point:
- Consider a long position after confirming the support at 3,308.46 USDT and observing a bullish impulse.
Stop-Loss:
- Place your stop below 3,302.52 USDT to minimize risks.
Take-Profit Targets:
3,360.00 USDT — the first profit-taking point.
3,400.00 USDT — the final target for this upward move.
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📈 Technical Analysis:
The sharp volume dump indicates a liquidity grab attempt.
If bulls can hold the 3,308.46 USDT level, recovery toward resistance is possible.
It’s important to monitor volume and price reaction at key levels.
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💡 Conclusion:
Ethereum is clearly attempting to recover after a strong dump, but buyers must hold support. Will the market manage to reclaim lost ground? Share your thoughts in the comments!