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Trend Line Break

VIMTALABS: Parallel Channel & Flag BO, Chart of the WeekNSE:VIMTALABS Explodes 50%: From Parallel Channel Prison to Trendline Freedom Post Q1 FY26 Flag Breakout. Let's analyse it in the "Chart of the Week" As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions. Price Action Analysis: - Current Price: ₹887.20 (as per chart) - 52-Week Range: ₹252 to ₹903 - Market Cap: ₹3,901 Crores - Recent Performance: Stock has shown exceptional momentum with 171% returns in the past year Volume Spread Analysis: - Breakout Volume: Exceptional volume spike during the August 2025 breakout - Volume Confirmation: Higher volumes on up-moves, lower on corrections - Accumulation Phase: Steady volume during the consolidation phase indicates smart money accumulation Chart Patterns: - Long-term Ascending Trendline: Yellow trendline acting as dynamic support since May 2024 - Parallel Channel Breakout: Stock consolidated in a 6-month parallel channel (₹400-550) from December 2024 to July 2025 - Flag and Pennant Formation: Classic continuation pattern post Q1 FY26 results - Volume Breakout: Massive volume surge accompanying the breakout, confirming genuine momentum Key Technical Levels: - Base Formation: ₹400-450 level established during Dec 2024 - Jul 2025 consolidation - Primary Support: ₹550-600 (previous resistance turned support) - Secondary Support: ₹500 (parallel channel upper boundary) - Immediate Resistance: ₹700-750 (psychological levels) - Final Resistance: ₹900-1000 Fundamental and Sectoral Backdrop: Company Overview: - Contract Research and Testing Organization serving biopharmaceutical, food, consumer goods, electronic, electrical, agrochemical, healthcare, and medical device sectors Financial Performance: - Q1 FY26 Results: Net profit rose 53.83% to ₹19 Crore, sales increased 30.29% to ₹98 crore - Recent Quarter: EBITDA margins at 35.7% - Debt Position: The Company is almost debt-free Sector Dynamics: - CRO/CRAMS Sector: Strong tailwinds from global pharmaceutical outsourcing - Biologics Focus: Company expanding in high-growth biologics testing segment - Regulatory Compliance: Successfully completed US FDA GCP certification Other Highlights: - Consistent revenue growth across quarters - Strong margin expansion and operational efficiency - Debt-free balance sheet providing financial flexibility - Expanding service offerings in high-margin biologics - Beneficiary of the global pharma outsourcing trend Key Risk Factors: - High valuation metrics post recent rally - Dependence on the pharmaceutical sector cycles - Regulatory compliance requirements - Competition from larger CRO players Market Sentiment: - Recent 31% surge to hit a new 52-week high of ₹902, reflecting strong investor interest - Strong institutional interest evidenced by consistent buying - Positive analyst coverage post strong quarterly results Full Coverage on my Newsletter this Week Keep in the Watchlist and DOYR. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes, it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:VIMTALABSLong
by Karanshah137
3
BTC developing a good sell opportunityBTC is moving in range for long time. Now it has shown a displacement after ChoCH and formed a bearish 15m FVG. There may be a good trade at sell side if price approach it. Well there are two trade scenarios are forming. 1. Price moves to 15m FVG and OTE overlap zone. 2. Most probably price will take liquidity of FVG and OTE zone and create MSS in LTF. 3. After breaking trend line it should pullback till FVG/trend line or any newly created OB/FVG. All these combinations are signalling a high probability and high Risk and Reward (1:8) trade scenario. Note – if you liked this analysis, please boost the idea so that other can also get benefit of it. Also follow me for notification for incoming ideas. Also Feel free to comment if you have any input to share. Disclaimer – This analysis is just for education purpose not any trading suggestion. Please take the trade at your own risk and with the discussion with your financial advisor.
DELTAIN:BTCUSD.PShort
by hari_log
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in JTEKTINDIA BUY TODAY SELL TOMORROW for 5%
NSE:JTEKTINDIA
by Kapil-Mittal
4
Goldiam International cmp 396.60 as seen by the Daily Chart viewGoldiam International cmp 396.60 as seen by the Daily Chart view - Support Zone 362 to 386 Price Band - Resistance Zone 425 to 455 Price Band - Bullish "W" with Double Bottom formed at 340 price level - Breakout attempted from Curved Falling Resistance Trendline - Price momentum has well respected the Rising Support Trendline - Volumes spiking above avg traded quantity over the past few weeks - Multiple Bullish Rounding Bottoms formed around Support Zone neckline - Majority of common Technical Indicator BB, EMA, MACD, RSI trending positively
NSE:GOLDIAM
by PIYUSHCHAVDA
1
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in SAGCEM BUY TODAY SELL TOMORROW for 5%
NSE:SAGCEM
by Kapil-Mittal
3
Atul Auto | MTF Fibonacci Confluence structuresWeekly Chart Analysis – Drew a multi-timeframe Fibonacci from the 119.35 low (Mar ’20) to the 844.60 high (Oct ’24) on the Monthly time frame . – Highlighted the 50–61.8% retracement zone (481.95–396.40) as an orange supply/demand area. – Circles mark historical pivots where price reacted as support or resistance within this zone. Key Observations -Price consistently respected the 50–61.8% band during prior rallies and pullbacks. -Recent price action formed a contracting triangle (CT) at the lower edge of the Fibonacci zone. -Volume contraction noted inside the triangle, suggesting supply–demand equilibrium. Disclaimer: This analysis is provided for educational and informational purposes only and does not constitute financial advice. Trading involves risk, and you should perform your own research and consider your risk tolerance before making any trading decisions.
NSE:ATULAUTOLong
by Averoy_Apoorv_Analysis
APOLLO: C&H and Rounding Bottom BO: Chart of the Week NSE:APOLLO : The Cup and Handle Breakout That Finally Delivered After Multiple False Starts with Rounding Bottom Breakout on Daily TF Let's Analyze it in the Chart of the Week. As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes; it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions. Price Action: • The chart reveals a sophisticated Cup and Handle pattern formation spanning from Late-2023 to August 2025, with the "cup" forming between 205-160 levels and the "handle" consolidating around the 180-200 zone • Multiple breakout attempts were witnessed - first in December 2024 with a King Candle formation, followed by another sharp rally in May 2025, both failing to sustain above the descending trendline • The current August 2025 breakout represents the third and most convincing attempt, breaking through both the descending resistance trendline and the horizontal resistance at 205-220 levels • Volume surge during the current breakout (119.95M vs average 54.33M) confirms institutional participation and validates the breakout authenticity • The curved line clearly marks the rounding bottom formation, indicating a gradual shift from bearish to bullish sentiment Volume Spread Analysis: Volume Pattern Insights: • Exceptional volume breakout with nearly 2.2x average daily volume during the recent surge • Volume accumulation visible during the cup formation, indicating smart money participation • Low volume during handle formation, suggesting healthy consolidation • Volume expansion coinciding with price breakout confirms institutional buying Key Support and Resistance: • Immediate Support Zones: - Primary: 220-225 (previous resistance turned support) - Secondary: 200-205 (handle formation base) - Major: 180-185 (cup formation low) • Critical Resistance Levels: - Near-term: 250-260 (measured move target from cup depth) - Intermediate: 280-290 (Fibonacci extension 1.618 level) - Long-term: 320-340 (cup and handle pattern target) • Base Formation: Strong accumulation base established between 160-220 over 18+ months Multi-Pattern Technical Setup: • Cup and Handle Pattern: Classic bullish continuation pattern with 18-month formation period • Descending Triangle Breakout: Successfully breached the falling trendline resistance • Rounding Bottom: Long-term reversal pattern indicating strong institutional accumulation • Volume Breakout Pattern: Exceptional volume expansion confirming price breakout validity Fundamental and Sectoral Backdrop: Latest Financial Performance: • Net profit surged 126% to Rs 19 crore in Q1 FY2026 compared to Rs 8 crore in Q1 FY2025 • Revenue growth of 46.5% to Rs 134 crore versus Rs 91 crore in the previous year, same quarter • Quarterly growth basis shows a 32.21% jump in net profits since last quarter • Market capitalization stands at approximately Rs 7,854 crores, reflecting strong market confidence Strategic Business Positioning: • Company is involved in more than 150 indigenous defence programs and 60 DcPP (Defence Capital Procurement Policy) programs as a sub-system partner • Specializes in ruggedized electronic hardware and software solutions for critical sectors • Strong focus on import substitution and Atmanirbhar Bharat initiatives • Diversified client base including DRDO, HAL, BEL, and other major defence contractors Sector Momentum Analysis: • Apollo Micro Systems gained 14.6% on August 22, 2025, demonstrating resilience amid market fluctuations • Stock has significantly outperformed the broader market year-to-date, reflecting strong performance in the Aerospace & Defence sector • Defence budget allocation increases continue to provide sectoral tailwinds • Growing focus on indigenous defence manufacturing creates long-term opportunities Market Participation Analysis: • High institutional interest is evident from volume patterns • Retail participation is likely to increase given the breakout visibility • Options activity expected to increase as the stock approaches higher price levels • Potential inclusion in small-cap/midcap indices could trigger passive fund buying Risk Assessment and Scenario Analysis: Technical Risk Factors: • Failed breakout history (December 2024 and May 2025) suggests caution is required • High beta nature means increased volatility during market corrections • Potential for profit booking at psychologically important 250 levels • Need for sustained volume to validate the breakout authenticity Fundamental Risk Considerations: • Defence sector dependency on government policy changes and budget allocations • Long procurement cycles are typical in defence contracts, affecting quarterly results • Competition from established defence majors and emerging players • Currency fluctuation impact on imported components and raw materials Full Coverage on my Newsletter this Week Keep in the Watchlist and DOYR. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. As per the Latest SEBI Mandate, this isn't a Trading/Investment RECOMMENDATION nor for Educational Purposes, it is just for Informational purposes only. The chart data used is 3 Months old, as Showing Live Chart Data is not allowed according to the New SEBI Mandate. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:APOLLO
by Karanshah137
12
Greaves Cotton (Daily Timeframe) - Will it BreakOut or Not?Greaves Cotton since it's Double-Top formation has been in a downtrend. A key support level has become a resistance zone, which it's been trying to BreakOut few times. The stock has been forming Higher Lows for a while now. Few attempts to BreakOut has been futile. The recent BreakOut attempts been with huge volume spikes. Short-term EMAs are in positive cross-over state. If it's able to BreakOut then the possible upside target is around 244. If not, we can expect the stock to go down to 198 levels. Keep monitoring.
NSE:GREAVESCOT
by Learn_with_Pth0mas
2
Zydus Wellness (Daily Timeframe) - Will it make new ATH?Zydus Wellness, ever since it made the All Time High, the stock was in a downtrend and then sideways for more than a year. Though it tried to breakout a key resistance level (as marked) multiple times, it could not breach the resistance zone. Today, it brokeout of the resistance zone with huge volume burst. The next few days of the stock moves in a positive direction, then it may reach 2335 levels which could be the first target. Checking the weekly timeframe, we can see an inverted H&S pattern and without today's breakout, the stock has broken out of the H&S neckline. If we consider H&S pattern breakout, then the stock may reach new ATHs.
NSE:ZYDUSWELLLong
by Learn_with_Pth0mas
Trade Idea: Bullish Breakout for WAAREEENER (NSE)** IF you like my observation, please boost and follow for more content." Trade Overview: Instrument: WAAREEENER Timeframe: 1-hour chart Trade Type: Bullish Breakout Entry Price: ₹3217.75 Stop Loss: ₹3075.10 Take Profit (TP): ₹3432.10 Target Duration: Possible hold time of 2 weeks. 1. Technical Analysis: Breakout from Resistance: The price action has shown a clear breakout from the resistance zone, depicted by the purple horizontal line at ₹3120. The breakout was supported by increasing volume, which is an important confirmation of strength in the upward movement. A breakout above this level suggests strong bullish momentum. Strong Fundamentals: This breakout is not just a technical move; there are solid short-term fundamentals backing this position. The order book is healthy, indicating strong buying interest at higher levels. Additionally, the current market sentiment seems to favor growth, which aligns well with the price action. Trend Confirmation: We’re witnessing a bullish trend confirmation. The current price movement is above the previous highs, which suggests further upward potential. The chart indicates the start of a trend that could continue for the next few weeks, aligning with the projected hold time of 2 weeks. 2. Risk-Reward Setup: Risk: The trade is managed with a reasonable stop loss of ₹3075.10. This is placed below the recent low, where the price seems to find support. A stop loss at this level helps protect from large losses in case the breakout fails. Reward: The potential reward is set at ₹3432.10, which is well above the breakout level. This level corresponds to a key resistance, and reaching it would offer a solid profit potential. The risk-to-reward ratio of this trade is favorable, providing a good opportunity for risk management. 3. Volume Confirmation: Volume has been increasing as the price moves higher. This is a strong signal of institutional buying or significant market interest, which further strengthens the case for this breakout to hold and reach the take profit levels. 4. Conclusion: This is a solid bullish setup based on the breakout above the resistance, accompanied by increasing volume, healthy market sentiment, and strong short-term fundamentals. The risk-reward ratio supports this trade idea, and the target of ₹3432.10 offers a clear upside. Important Notes: The trade might be subject to market fluctuations; therefore, ensure to monitor the price action closely. If the price re-enters the resistance zone or shows signs of weakening, consider adjusting the stop loss or exit strategy accordingly.
NSE:WAAREEENERLong
by Crystal_0404
AETHER Bullish Reversal Setup with Strong Risk-Reward PotentialAether Industries Ltd is showing signs of a potential trend reversal from a well-established support zone, supported by a descending triangle breakout pattern and improving technical indicators. This setup suggests a strong risk-reward opportunity for swing traders and positional investors. ⚡ Key Technical Points: 🔵 Descending Triangle Breakout Potential: The price is nearing a breakout from a long-term descending triangle. A breakout above the trendline (~₹778–₹790) could trigger a strong uptrend. 🟢 Strong Support Zone: ₹700–₹720 has held as solid support multiple times (as marked by green arrows), indicating strong demand at these levels. 🟩 Bullish Divergence on RSI: Relative Strength Index (RSI) is showing higher lows while price remains flat or lower, indicating bullish divergence—a sign of potential reversal. 🟢 Favorable Entries: 735, 720 🔴 Stop-Loss: Below 695 (Strong breakdown confirmation) 📈 Target 1 – 838.05 (Previous key swing high) 📈 Target 2 – 943.60 (Next resistance level from historical price structure) ✅ Why This Is a Technically Strong Setup: ✅ Multiple Support Bounces: 700–720 zone has been tested at least 4 times in the last year, showing strength. ✅ Volume-Based Reactions: While volume is low now, past spikes at support zones suggest institutional interest. ✅ Clear Risk Management: Stop-loss is tight (~6–7%) with targets offering 1.5–3x risk-reward potential. ✅ Potential Trend Reversal: Break above descending trendline and moving averages could signal a shift to bullish structure. ✅ Long Base Formation: The stock has been consolidating for over a year—long base formations often lead to explosive moves. 📢 Disclaimer: This is not financial advice. Always do your own research or consult with a professional before making investment decisions.
NSE:AETHERLong
by Pattern_Ninja
Gold Trading Scenario – Start of the WeekGold Trading Scenario – Start of the Week Hello traders, A new week begins with gold holding above the 34xx zone, establishing a fresh value area. The current structure has already broken through major resistance levels on the higher timeframe – including trendline and H4 barriers – confirming strong bullish momentum. The uptrend played out exactly as expected, reaching the target around 3450 (specifically 3454). Now price is seeing a mild pullback. This will only be considered a trend reversal if price breaks below 3404. Otherwise, it is just a secondary correction as per Dow theory. Wave 5 may be complete, but the ABC structure is still unclear. For that reason, the plan is to continue with long positions in line with the trend, which increases the probability of success. Buy zone for today: 3408–3412, an area where sellers previously failed at resistance and which was broken through the trendline on Friday. This is my outlook for Monday, viewed from a medium-term perspective. Take it as reference, and feel free to share your thoughts in the comments.
OANDA:XAUUSDLong
by BrianLionCapital
Bitcoin Confirms Downtrend – Short Setup ActivatedBitcoin Confirms Downtrend – Short Setup Activated Hello traders, BTC is showing clear bearish momentum as it has broken below a key support level and also dropped out of the rising channel. With price now trading steadily under this zone, the downtrend is confirmed. The strategy from here is to wait for a pullback and then enter a short. The 111k level looks like a strong entry zone, as price could retest the broken channel and form a clean Dow structure for the next leg lower. Short setup: Entry around 111k, with a target at 105k. Buy opportunity (short-term): Around 105k, traders can also look for a quick Long to capture a reaction move as liquidity is taken and to offset any trapped sell positions. The primary view in the medium term remains bearish. This is my outlook on BTC for the sessions ahead. Take it as reference and adjust your trading plan to fit your own strategy.
BINANCE:BTCUSDShort
by BrianLionCapital
1
High risk and reward buying opportunity in BTCBTC selling has gone slow and showing indication or reversal at both HTF H4 and LTF 15m. The may generate a good high risk and reward scenario. Below are variables support it. 1. Almost a day long consolidation is going on. And BTC is moving in very small range at 4H support level. 2. 4H candles have made few rejection candles. 3. 15m trend line created a green box (fake out) scenario. 4. Price may hit 15m FVG or swing low just below FVG and more upside. 5. RSI has already developed divergence in 15m. 6. We may have another opportunity once price breaks next resistance and pulls back to breakout levels. P.S. – This is just analysis not any recommendation for trade. Feel to comment and raise your query.
DELTAIN:BTCUSD.PLong
by hari_log
2
A strong ~1:10 RnR XAUUSD/Gold trade idea.Gold has created a good price action which may lead to a very high RnR price movement. Here are signals identified for the trade. 1. It is breaking trend inline after and earlier fake out. Which is a strong signal for upside move. 2. Taking reversal at golden zone of 4H last swing. 3. Rejection candle at 1H. 4. Bullish diversanse is already observed in RSI 5. Taking support from bullish trend line. 6. 5m W pattern is created and breakout done. 7. Price is taking pull back to broken resistance. 8. It may 1:10 trade if everything goes as plan. 9. Price rejection should be observed at the pullback level before taking further upside movement. P.S.- This is jut an idea not trade recommendations.
OANDA:XAUUSDLong
by hari_log
Bitcoin – Where Could the Short-Term Trend Go?Bitcoin – Where Could the Short-Term Trend Go? Hello traders, BTC is currently consolidating strongly around the rising trendline on the D1 timeframe. Price has shown a strong rejection at this level. The overall market structure is still moving in line with the scenario I shared earlier, but I want to update a short-term plan to help optimise trading opportunities. The upward channel remains key. During this sideways phase, BTC has created a small support–resistance zone, which now acts as a key level to determine the short-term trend and guide entries. Resistance at 113.3k: A breakout above this level would confirm a Long signal. Support at 108.8k: A breakdown here would activate a Short signal. If support is broken, the medium-term outlook shifts towards the bearish scenario I mentioned earlier, with potential downside towards the 9x region. This is supported by the larger timeframe structure, which provides enough basis for that expectation. This is my current short-term trading plan for BTC. Use it as reference, and share your perspective in the comments so we can learn together.
BINANCE:BTCUSD
by BrianLionCapital
Gold Trading Scenario – Friday OutlookGold Trading Scenario – Friday Outlook Hello traders, Fridays are often challenging for forex traders. As the week closes, bankers wrap up their positions, creating unpredictable market moves. This is especially tricky for those who rely on timing-based strategies, so it’s important to watch the smaller fluctuations closely today. Looking at the current gold structure, the uptrend remains intact. Buying pressure is strong enough to push towards the next projected levels. Technical indicators continue to support a bullish view, with MACD showing steady momentum as both volume and moving averages remain positive. From an Elliott Wave perspective, gold is moving in **wave 5**, which is typically an extended wave. This allows us to maintain a bullish outlook unless price breaks below **3386** and confirms with at least one candle close on the M15 timeframe or higher. In that case, the scenario would be invalidated. Until then, buying around this level with a stop-loss just below the key support zone (about 1 dollar lower) remains the preferred approach. Selling opportunities are not yet ideal, but for those looking at short setups, the **3450 zone** should be monitored as a major resistance. In the shorter term, **3430** can act as a reaction level for temporary sells. Fridays also tend to bring more news-driven traps, so be extra cautious. It’s a day that can really test less experienced traders. This is my view for today’s session – use it as reference, and trade with discipline. ---
OANDA:XAUUSDLong
by BrianLionCapital
1
XAUUSD – Medium-Term Trading ScenarioXAUUSD – Medium-Term Trading Scenario Hello traders, Gold is moving into the final stage of its flag pattern. Medium-term traders are now waiting for a clear breakout confirmation, as that will set the direction for the next medium- to long-term opportunities. Once price confirms the break, the strategy is to enter immediately in the direction of the move. Meanwhile, short-term and day traders continue to trade within the flag, looking for scalping opportunities. From my perspective, the probability of gold breaking to the upside and continuing the main bullish trend is fairly high after such a long consolidation. To optimise entries, buying near the lower boundary of the trendline makes sense, with stop-losses placed immediately if the pattern breaks down. The key area to watch is Fibonacci retracement 0.5 at 3354, which acts as both dynamic and static support, as well as a strong Fibonacci level. This zone offers a reliable long-term buy opportunity. Another potential early buy entry sits around 3372, where the previous candle showed strong bullish momentum. Positions here can be taken with tighter stops placed just below the nearest support. This bullish scenario would only fail if price breaks below the lower trendline and closes firmly underneath it, which would confirm a reversal. Wishing you success with this setup. If you share the same outlook, leave your thoughts in the comments so we can exchange ideas.
OANDA:XAUUSDLong
by BrianLionCapital
2
Bearish Setup on BCH/USDOverview: The market conditions and price action are currently indicating a bearish trend for BCH/USD. Below is the detailed breakdown of the trade setup and why this position is logical: Market Structure: The price is in a downward trend, confirmed by the lower highs and lower lows visible on the chart. A break below key support levels, along with the current price action, suggests that the bearish move is likely to continue. Entry Level: Entry = 580.53: The entry has been strategically placed below a key resistance level, which is also near the recent high. This confirms that a breakdown is happening, setting the stage for further downward movement. We are entering at a point where the price has shown weakness and failed to continue its upward movement, which typically signals a potential continuation to the downside. Stop Loss (SL): Stop Loss = 601.45: The stop loss has been placed above a previous swing high, ensuring that the trade will only be invalidated if the price reverses above this level, thus protecting us from a false breakout. The chosen level ensures the risk is kept under control while still allowing for reasonable price fluctuations within the trend. Take Profit (TP): Target = 535.76: The target is set based on recent price action, aligning with previous support levels. This level is where the price is expected to find potential support before making any reversal. The risk-to-reward ratio here is favorable, with a potential reward much higher than the initial risk, making the setup an attractive swing trade opportunity. Trend Confirmation: The price is below the 50-period and 200-period EMAs, indicating that the overall trend is bearish. The trendline at the bottom, which slopes upward, serves as an additional support that the price is expected to break below before confirming the bearish move. Volume: Volume analysis indicates increasing selling pressure, supporting the bearish narrative. A breakout with higher volume confirms the strength of the downtrend, reducing the chances of a fakeout. Conclusion: The overall market structure, confirmed by the price action, trend, and volume analysis, suggests that the market is likely to move lower. With a favorable risk-to-reward ratio, this setup is logical and worth considering for those looking to enter a short position on BCH/USD.
DELTAIN:BCHUSD.PShort
by Crystal_0404
Gold Scenario – Tracking the Medium-Term UptrendGold Scenario – Tracking the Medium-Term Uptrend Hello traders, Gold continues to follow the expected scenario. Price reacted at the Fibonacci 1.618 resistance, effectively completing the liquidity test. At present, the 3368 zone is a good area to look for buying opportunities. The previous Elliott cycle has already completed its ABC waves, and gold now appears to be forming a new Elliott structure. Currently, price is likely in wave 3 of the uptrend, reacting at the H4 descending trendline with a mild pullback, before completing wave 5 with a breakout move from the channel and confirming the flag pattern on H4. Strategy: Buy around 3368 with a strict stop-loss just below the previous swing low. Target: 3410 is a reasonable profit level. After that, expect wave 4 to form and look for short opportunities from there. The MACD remains supportive, trading above its average levels and confirming bullish momentum. At this stage, it’s all about timing entries correctly. This is my personal outlook on gold in the short to medium term. Use it as reference and don’t forget to share your views in the comments so we can learn from each other.
OANDA:XAUUSDLong
by BrianLionCapital
2