USDCAD RECTANGLE CHANNEL USDCAD is trading in rectangle channel above the lower trendline 1.33020.
MID: 1.36379.
Break above 1.39777, targets: MID: 1.43151/ 1.46561.
Break below 1.33020, targets MID: 1.29635/ 1.26272
Stop: MID: 1.36379
Rectangle
GBPCAD RECTANGLE CHANNELGBPCAD is trading in rectangle channel near the Lower Trend line:1.66283.
Rectangle channels are only valid when the price closes above below the trendline/breakout/breakdown with a confirmed
EURUSD: Detailed Technical Analysis & Trading Plan 🇪🇺🇺🇸
Multiple time frame analysis for EURUSD.
Price action & key levels.
Directional bias.
Potential scenarios.
❤️Please, support this video with like and comment!❤️
USD/CAD ITS STILL GOING DOWN 1Dwe can see a pattern here, and its supported by fibo so we r going short here guys.
ETHUSDT - Bearish Rectangle ideaHere on ETH, we currently observe the formation of a bearish rectangle after a sharp price drop.
The price is currently within the consolidation range of the rectangle, with each line having more than two touches, indicating a stronger pattern.
It is crucial to monitor the price within the consolidation zone, as a breakout accompanied by heavy volume would likely confirm a continuation of the downward trend.
Gold (XAUUSD): The Market After FOMC & FED 🟡
Multiple time frame analysis on Gold.
Price action & key levels.
Potential scenarios.
❤️Please, support this video with like and comment!❤️
EURGBP: Your Trading Plan For Today 🇪🇺🇬🇧
EURGBP is consolidating on a key level.
The price formed a horizontal range on 1H time frame.
To buy the pair with a confirmation, I would suggest looking for a breakout of the resistance of the range.
4H candle close above will confirm a violation.
Buy aggressively or on a retest then with initial target - 0.858 level.
❤️Please, support my work with like, thank you!❤️
EURGBP: Detailed Plan Ahead of FOMC & FED 🇪🇺🇬🇧
Multiple time frame analysis on EURGBP.
Price action & key levels.
Directional bias & thoughts.
❤️Please, support my work with like, thank you!❤️
A perfect BreakoutThis stock has given a perfect breakout of Stage 1 and is now entered stage 2 phase.
We can keep following it with strict stoploss 5% below each darwas box formed.
JSW STEEL (W)JSW STEEL (W)
- Price Above all Major MAs
- Strong volume buildup
- Price has taken the support of Trendline
( Ignore below 745)
Heads up! Falling diamonds!Probably no one noticed it, but bitcoin has formed a diamond formation on the daily chart. This rare pattern indicates a trend reversal.
This is not a falling wedge my dear bulls.
And the above is not financial advice.
EURCHF: Classic Wyckoff Pattern 🇪🇺🇨🇭
Traders, I see a classic Wyckoff accumulation pattern on a daily time frame on EURCHF.
After a strong bearish wave, the market started to trade within a horizontal trading range.
Even though, the price set a new low, consolidating, the market managed to return to the upper boundary of the range.
Yesterday, a high momentum bullish candle was formed.
The market successfully broke and closed above the range's resistance.
It makes me think that the described consolidation was the accumulation stage and a bullish movement is coming.
Goals: 0.9813 / 0.9848
❤️Please, support my work with like, thank you!❤️
CCJ Breakout with uptrend after year of consolidation
NYSE:CCJ in Uptrend with High Relative Strength consolidation for more than year and today Breakout above pivot point.
Pivot Point: 31.40
1st Target: ~38.3 (~20%)
2nd Target: ~46 (~44%)
LINK TO THE PASTHistorically Link has been brilliant to trade from a technicals perspective.
You can see the prior consolidation channel and the 2 x Head and Shoulder patterns that played out beautifully. You can also see how the green circles were great entry levels
At present we appear to be in a consolidation box awaiting breakout.
I am leaning Long Term Long for the following reasons:
- On Balance Volume is increasing
- Break above 50 week MA
- RSI pressing upwards
- 90% correction in price since May 2021 (when we broke RSI resistance line, important to watch for this and exit trade if it occurs).
- LINK/BTC is also in a downward channel and looks ready to break out
- You will see from my recent BTC Dominance chart i believe we will have a slight pull back in dominance over coming weeks offering ETH and Alts an opportunity to make some gains
- The prior patterns, the H&S, Parallel channel and subsequent H&S top, these all lasted between 52 and 72 weeks. We are in this current consolidation pattern almost 50 weeks. It is probable that we get a break out within 2 - 22 weeks.
Trade Management (swing trade)
- A retest of the 50 MA would be a reasonable entry. Bottom of the box event better.
- Break below box, exit trade.
- Trade timeline 2 - 22 weeks (explained above)
- If already in the trade I would be keen to exit the trade once in oversold territory on the weekly RSI (We can always reenter it later).
PUKA
AKRO Uptrend Rectangle pattern daily chart (Near pivot point)NASDAQ:AKRO Uptrend Rectangle pattern Daily chart, Above KMAs, , Around Breakout (pivot point ~54.85),
Pivot point: ~52.5
confirmation entry point: 56.2
Stop loss: 51.7 (8%)
Target: ~ 83 (47.7%)
PRESTIGE ESTATES (W)- BREAKOUT STOCKSA Breakout of Rectangle zone is Clearly seen.
Some upside quick gains can be there.
#breakoutstocks
ROK Uptrend Rectangle pattern weekly chart, ~ BreakoutNYSE:ROK Uptrend Rectangle pattern weekly chart,Above KMAs, Last 4 constructive Candlesticks, Around Breakout (pivot point ~305.5), it's need which i think 309
Pivot point: ~305.5
confirmation entry point: 309
Stop loss: 288.3 (6.7%)
Target: ~ 350 (13.5%)
CFLT Uptrend Rectangle pattern with BreakoutNASDAQ:CFLT Confluent, Inc. operates a data streaming platform in the United States and internationally.
Uptrend rectangle pattern, above AVWAP from Highest point and ipo day. Breakout (pivot point) ~34 with Massive 6 weeks accumaltion.
Breakout (pivot point): ~34
Target ~ 63
MNDY Uptrend rectangle pattern Near pivot PointNASDAQ:MNDY Uptrend rectangle pattern weekly chart, above AVWAP from Highest point and ipo day.
Near from pivot point(178). if there is Breakout above 178our Target will be around 366.
Uptrend with sideways rectangle patternNYSE:INSP Uptrend with sideways rectangle pattern around 103 weeks.
Breakout (pivot point): ~279
Target ~ 485
EURUSD: Scenarios For Next Week Explained 🇪🇺🇺🇸
EURUSD is trading within a horizontal range on a daily.
Depending on the FED interest rate decision on Wednesday,
I see 2 potential scenarios.
If the price breaks and closes below 1.063,
I will expect a bearish trend continuation and a bearish movement to 1.054.
Alternatively, a bullish breakout 1.0788 will trigger a bullish continuation to 1.081.
The interest rate decision will most likely clarify the future direction of the market.
❤️Please, support my work with like, thank you!❤️
Gold (XAUUSD): FED Interest Rate Decision Ahead 🟡
On Wednesday, we are expecting a FED interest rate decision.
Gold will most likely will remain very calm until then.
On a daily time frame, the price is currently trading within a horizontal range.
Bullish news will trigger a breakout of its upper boundary.
Daily candle close above will confirm a violation.
A bullish continuation will be expected at least to 2006 level then.
Alternatively, a bearish breakout of the support of the range and a daily candle close below
will trigger a selloff. A bearish continuation will be expected to 1900.
Smart money are already accumulating their positions.
Watch the intraday price action around the release of the news for the clues.
❤️Please, support my work with like, thank you!❤️
$AMPH uptrend , Breakout rectangle pattern weekly chartAmphastar Pharmaceuticals
NASDAQ:AMPH uptrend , Breakout rectangle pattern weekly chart
breakout (pivot point) ~ 44
Target ~ 71
