TATA CONSUMER BREAKOUTtata consumer break out at resistance after 3 doji and forming almost marubozu weekly candle can be good breakout
sl 840
CMP 914
TARGET 1095
Rangebreakout
GOLD, between the high volume levelsToday I want to share a different point of view on the gold market, that matches with my last analysis, so even more interesting in my opinion.
Idea
Gold is currently trading in a high volume range between 1976 and 2010. The levels are extracted from a self made indicator, but you can recheck how important these levels are by browsing through the chart by yourself.
Anyway this strategy is quiet simple. A move out of the range with a daily close should push the price towards the next highlighted high volume area.
TP Levels
Bullish: 2050
Bearish: 1904
I'll explain the SL settings when it comes to trading.
Why are high volume areas important?
Market markers are placing orders at strategic points to get a maximum of safeness and of course profit out of the market. If a candle closes with a volume peak, compared to other candles, a huge amount of money was invested to start a movement from a specific level. If the levels are revisited the possibility of market makers appearing again is high and the main trends starting from these levels.
NZDCHFNZDCHF exhausting at the horizontal resistance. Pair is moving in just one direction. After a great impulsive move we have seen a little correction this time it has created a double top structure with a significant bullish divergence( at lower TF) near the solid resistance zone and two to three times pair just respect the mentioned support and move upward. Again it hits the same zone and moving towards the horizontal support.
HEROMOTO range breakoutinside bar and then range breakout of 170 points....can be add for 350pt target which is 3440
cmp 3098
target 3180 : 3430
sl 3038
CADCHF - BULLISH MOVE
As We Talked in The Previous Analysis:
On Thursday 19 Oct, The CADCHF Price Reached a Support Level (0.64800 - 0.64950)
The Price Created a Rectangular Range.
The Upper Resistance is Broken.
Currently,
The Price Created a Correction and Touched The Support Level!
and Now it Will Continue its Bullish Movement !
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TARGET: 0.65980🎯
CADCHF - Important Breakout 📈Hi Traders !
On Thursday 19 Oct, The CADCHF Price Reached a Support Level (0.64800 - 0.64950)
Currently,
The Price Created a Rectangular Range.
The Upper Resistance is Broken.
So, I Expect a Bullish Move📈
i'm waiting for retest...
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TARGET: 0.65980🎯
LUNAUSDTLUNA is trading under declining trendline and now creating a local support in the form of minor range. as the price action indicating the pause in sell pressure.
If the bulls become able to break the range and declining trendline , it will be fine buy setup.
One can trade it with buy stop on the breakout of range and declining trendline.
If the breakout sustains the next target could be 0.4590
SUIUSDTSUIUSDT, after being traded in range for some time now has given the massive breakout from range. Ranges are best in a sense just buy the support and sell the resistance.
Range breakouts are usually massive as we can see in this case as well.
If this breakout sustains the next higher target could be 0.6040.
What you guys think of this idea ?
GBPUSDGBPUSD is trading in more like of falling wedge pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the wedge.
Currently the price is forming a local support around 1.2400 region and a bullish divergence also indicating the buyers are getting ready for some serious move to upside.
Will the bulls take charge again continue for leg higher?
ENJUSDTENJUSDT was trading in range bound structure and and bulls took the charge and sharply and strongly break the range and break the local declining trendline as well.
If this breakout holds the next easy target for bulls can be 0.300
CFXUSDTCFXUSDT, after recent massive selloff, CFXUSDT was trading in range and now has strong breakout from range.
If this breakout holds and bulls stay in the market the next target could be 0.1560.
What you guys think of it ?
KSMUSDTKSMUSDT is trading in bearish trend.
Recently the instrument was trading in range bound and now it has broke the range to downside.
Will this breakout sustain and price will head to even downside?
Can HIRECT Re-Erect ?Hind Rectifiers Ltd. is primarily engaged in developing, designing, manufacturing, and marketing Power Semiconductor, Power Electronic Equipment's, and Railway Transportation Equipment's.
The Co. provides complete solutions in design, manufacturing and services in the field of power electronic equipment for aviation, power, telecommunication, and various industrial plants. It manufactures Active Harmonic Filters, Constant Current Regulators, Water Cooled Rectifier, Thyristor Controlled Rectifier, etc. It offers a range of products including Stud/Flat Base/Capsule devices, Power Stack/Assemblies, and Rotating Assemblies. The Co. is involved in the transport projects of Railways, Mass Transit Projects, and Metropolitan Transport Systems and it manufactures Propulsion system, Transformers, Microprocessor, Driver Display Unit & Inverters.
The Company has a strong brand and leadership position in the market for the equipment of 3Ph locomotives and LHB coaches along with the pollution control and environmental protection equipment. The Co. caters to major players such as Indian Railways and Bharat Heavy Electricals Ltd (BHEL), resulting in repeat orders from them and an increase in revenue. The Co. derives 70% of its revenue from the railway sector and increased competition and slowdown in the railway sector will hamper the growth of the company.
The Co. has incorporated 2 wholly-owned subsidiaries with an objective to leverage the growth opportunities in the service activities and to leverage the growth opportunities in the E-commerce place for B2B as well for B2C business respectively. In Q4FY22, the Co. has secured orders of Rs.127.72 Cr (including an order of Rs.46.18Cr from Railways)
This analysis is only my view and is in no way responsible for your trade. Please consult your financial advisor before making any investment.
Tech Mahindra range breakout pre-emptingtech mahindra in range from 22 august till now 28 june 2023
range is 999-1142 it has touched boundaries and the fall and rise happened
recent fall reverse from 1060 so i think now range breakout can happen
cmp 1108 sl 1060 above 1142 confirmation will be there
target 1284 and 1426
EURGBPEURGBP smoothly playing the technical levels. Recently it break through range around 0.8590 region and now it retesting the broken level and still respecting the inclining trendline. Will the pair hold above the inclining trendline and buyers once again took benefit from these confluences?
Pull back to 0.95Monthly Chart
SUSHI BINANCE:SUSHIUSDT has downed 98% from ATH and created a reversal pattern DB
Daily Chart
Now, SUSHI is trading at 0.71x
BINANCE:SUSHIUSDT will move up to 0.95 for correction phase
Chart 4H TF
BINANCE:SUSHIUSDT is range from 0.7 - 0.75
Wait for breakout that range
USDCAD I It has broken the range and channelWelcome back! Let me know your thoughts in the comments!
** USDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Ethereum presents a shorting opportunity- should you take it?ETH fell below the lows of a month-long range. The bullish breakout and the move to $2000 appeared to signal bullish intent but saw a wild bout of selling that dragged Ethereum back into the range. Could the same thing happen if ETH falls to $1800?
It was possible. However, based on the evidence at hand the more likely scenario was that ETH would continue to fall lower. It has bearish momentum and market structure. If the OBV can fall below the local support, it would be an early sign of buyer exhaustion.
Meanwhile, a move above $1880 would invalidate the short setup.
Entry: $1837 (retest of range low)
Stop-loss: $1880 (lower timeframe lower high during the recent drop)
Take-profit: $1770- $1750 (fair value gap and lower high from mid-June)
R:R- 1.56
EURAUD I Brief short and break of rangeWelcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
ILVUSDTILVUSDT has broke through falling trend line as well as from local range. As the instrument is showing good bullish momentum after double breakout so we can expect that it is ready to go higher .
GBPCHFGBPCHF is been in strong bearish trend and hitted the long term daily demand zone. As of now the the price has shown the fairly good reaction from this level. Currently the price is been range bound and seems like it is ready to break range.
SANGHI INDUSTIES SANGHI INDUSTRIES create a multiple higher on 72 to 74 price that is resistance and supply zone
that hold multiple high on that + range breakout that 72 rs share when cross 74 & 75 give 10 to 20% and more return easily an single weekly or monthly candle
keep eye on that
