Pattern Formation This chart presents a classic cup-and-handle pattern, signaling a bullish continuation setup. The "cup" reflects a rounded bottom, showing gradual recovery from bearish momentum, while the "handle" consolidates before a potential breakout. Key Levels 1. Resistance Turned Support (Neckline) The breakout level at 191.528 marks a critical horizontal resistance, now acting as support post-breakout. 2.Entry Point Entry was triggered above the neckline at 191.528, confirming the breakout with strong bullish momentum. 3. Stop Loss Placed at 189.230, below the handle's low, providing a buffer against invalidation of the setup. 4. Take Profit Positioned at 194.712, based on the measured move projection of the cup-and-handle pattern. Also make sure to close position by taking profit gradually and after first tp you book move SL to entry Risk-to-Reward (R:R) This trade offers a favorable R:R ratio of approximately 1:3, aligning with sound risk management principles. Technical Indicators Trendlines A prior descending trendline was invalidated, strengthening the bullish bias. Momentum The strong upward candles leading to the breakout signal buyer dominance. Trade Psychology The pattern represents market accumulation, as buyers steadily absorbed selling pressure. The breakout indicates renewed interest and potential continuation of the bullish trend. Market Context Given GBP/JPY's strong upward momentum and confirmation of the breakout, this setup aligns with both the technical pattern and prevailing trend. Disclaimer Ensure to monitor price action and adjust the trade plan if market conditions change. Always use proper risk management.
“Master, aren’t you all about Bitcoin? Why talk about altcoins now?” In the final year of a bull market , altcoins often deliver incredible gains . Let me explain: https://www.tradingview.com/x/50gVo2Vz/ ? The Case for Solana ( CRYPTOCAP:SOL ) About a month ago, when CRYPTOCAP:SOL was trading around $220, I shared with my private community that I was scaling into Solana. Since then: - The ecosystem activity has surged. - AI agents are launching on Solana. - Solana is emerging as the go-to platform for trading, creation, and development. Momentum is strong, and the signals are clear. ? Should You Buy All the CRYPTOCAP:SOL You Can? If you’ve been following my updates, you likely have access to my Unified Indicator. By applying it to the CRYPTOCAP:SOL chart, you’d have caught the **best BUY signal possible**—better than even my manual recommendation! ? My CRYPTOCAP:SOL Trade Example I started buying CRYPTOCAP:SOL at **$219**, before my indicator flashed a BUY signal. CRYPTOCAP:SOL dropped another **20%**, but when the indicator confirmed the BUY, CRYPTOCAP:SOL surged by **55%**. ? The Key to Success This isn’t magic—it’s about removing emotions from trading and sticking to a proven strategy. The lesson? Follow your plan, trust the signals, and let the market come to you. This is not financial advice. Always do your own research! ?
Buy on US30 from 48482 with expected TP @ 45056. A definite long position with a very good R:R ratio for profit.
Grin usdt Daily analysis Time frame daily Risk rewards ratio >3.2 ?? Red line is historical support line Grey line is a short time resistance line that broke before . So trade on this asset has a good benefit for even amateur traders
Watching and waiting for this pair to break this trend line on the H4 time frame. Reasons I think price will break through: - RSI was over sold on H4 - Bullish RSI Divergence on H4 - Bearish candles are getting smaller What do you think? *Also please remember these are trading ideas and not trading signals. Thank you.
IREN Limited (IREN) is setting up for a potential breakout, with the price holding above key support at $11.80 and strong bullish signals on both the daily and hourly charts. Bollinger Bands are tightening on the daily, hinting at an explosive move, while volume spikes and EMA alignment on the hourly suggest upward momentum. Watch for a breakout above $12, with targets at $12.38 and $13.50.
Daily on a Bullish trend, broke previous resistance on the daily and created a strong demand zone on the 4hr. Price retracing to the demand zone on the 4hr for a possible bullish continuation move... Risk Management Very Important
NAS100 is on an up trend and is breaking above key levels while continuing to respect structure. Price has just broken above a key level and gave a retest followed by a double bottom rejection to confirm a buy entry
Gold Futures Short at 2730 $ as Double Top Pattern formation completed and Neck Line is Broke successfully with retest done in H1 time frame. Expected fall towards 2700 $ which will be Profit Taking level. Characteristics of a Double Top Pattern: Two Peaks: The price creates two nearly equal highs, indicating strong resistance at that level. The peaks are separated by a pullback (called the "valley"). Support Breakout: The pattern is confirmed when the price breaks below the "neckline" (the horizontal line connecting the lowest point of the valley). Volume: Volume is typically higher during the first peak and lower during the second, showing weakening bullish momentum. Bearish Implication: When the neckline is broken, it suggests a potential downtrend, as buyers fail to push the price higher.
Since solana hit new highs and trump coin jumped the network, the market made big and strange moves since trump came on scene and is starting to slow down and make some pullbacks/retracements... not sure what to expect since the charts aren't looking that pretty but still with our strategy we can still just look for fake breakouts and right retracements. If anyone is trading memecoins, please be carefull since there is more logic than actuall strategy involved since there can only be pump and dumps and rug pulls.... good luck on the charts this week to everyone!