Current Price: 22.24 Chart Setup: Bullish Pennant and Breakout Pattern BNL (Bunny's Ltd.) is currently showing a bullish pennant pattern, which is a continuation chart pattern that suggests a potential breakout to the upside. The price has been consolidating after a strong rally, forming a symmetrical triangle or pennant shape, with the upper boundary acting as resistance and the lower boundary as support. The breakout from this pattern is typically a sign of further upward momentum. First Target (50% Extension): Once the breakout happens, the first target range for BNL could be around 25.48, followed by a potential move toward 28.50 in the medium term. Extended Target: If the breakout holds and the bullish momentum continues, BNL could test higher resistance zones around 30.00–32.00 in the long term. BNL OUR FIRST CALL INITIATED @ 14 LEVELS IN MARCH
Liquidity Maps & Trap Zones: EUR/USD 1H Breakdown EUR/USD SMC Analysis – Scenarios Overview 1. Case 1 – Immediate Pump: The market may pump directly from the current market price (CMP) and take out the external range liquidity resting above the current highs. 2. Case 2 – 15-Min Demand Reaction: The market could react to the 15-minute demand zone , showing a bullish response and pushing higher toward the 1H supply zone . 3. Case 3 – Inducement & Distribution: Combined with Case 2, the market may first mitigate the 15-minute demand , then take out the inducement (IdM ) near the 1H supply zone . From there, distribution may begin within that supply range, leading to a drop toward the discount zone . This would likely involve a fake breakout to the upside (liquidity sweep), trapping buyers and hitting the stop-losses of early sellers before reversing sharply. 4. Case 4 – 1H CHoCH and Triangle Breakdown: A Change of Character (CHoCH) may occur on the 1H timeframe directly from the current price, leading to a downside move. This scenario would also break the rising triangle pattern , triggering entries from price action traders and increasing market volatility as liquidity accelerates the move downward. 5. Case 5 – 1H Supply Rejection & Free Fall: The market may react from the 1H supply zone and reject aggressively, resulting in a free fall all the way down to the previous CHoCH level , confirming strong bearish intent from premium to discount. Thanks for your time..
In the cycle of 2017 the price of XRP hit an all-time high and then rejected by about 50%. Afterwards, it broke out above the resistance line and formed a double top. The same pattern is about to repeat! First price target: $10 . Second target: $50.
1. MARKET OVERVIEW GU has been on a very strong uptrend since January so i'm expecting that momentum to continue this week aiming for the old high @1.34343 which is also the Previous Year's High (PYH) and a Key Level. 2. KEY LEVELS I'M WATCHING * Draw On Liquidity(DOL): 1.34343 * Point Of Interest(POI): 1.32411 - 1.32500 3. TRADE BIAS & SCENARIOS I'll stick on being bullish for the rest of the week until price gets to my target which is the PYH(Previous Year High). I'll execute on my buys only if price trades to my POI before trading to my target, on the condition that price trades higher early in the week and gets to my target(without first trading to my POI) i'll cancel my trade order and switch neutral on my BIAS. 4. FINAL NOTE Patience is key, i'll wait for price to come to me and not chase price. Tell me what you guys think about this in the comment.
Here is my technical analysis on this pair. GBPCAD looks bullish after it retest to the support level.
Current Price: 764.04 Chart Setup: Uptrend within an Ascending Channel Ghandhara Industries Ltd. (GHNI) has been experiencing a strong bullish trend, moving within an ascending channel over the past year. The stock has shown significant upward momentum, consistently bouncing between the support and resistance levels of the channel. Currently, it is nearing the upper resistance line, suggesting that further upside could be expected if the trend continues.
TIA is at resistance with divergence on 1min chart. Just opened a quick short to catch the retracement.
IBL Healthcare Ltd. (IBLHL) is showing significant bullish potential after a long downtrend, with a "Three Inside Up" candlestick pattern forming at the bottom of the trend. This pattern suggests a potential reversal to the upside after a prolonged period of decline, and it signals strength as the buyers are beginning to take control.
$Dogecoin has committed an over 70% retracement from a high of $0.48 Price action is currently in a falling wedge! Current Price: 0.15 Previous falling wedge yielded a movement of over 400% , just as price found support around the 200EMA. CRYPTOCAP:DOGE is currently finding support around the 200EMA area and If history repeats then expect previous supports (now resistances) to be tested at levels at 0.27, 0.38, 0.48 - Possibly up to 0.70 #dogecoin idea invalidates under 0.135 My preferred Buy Zone: 0.135-0.175
This currency has a recurring pattern on the daily time frame, which makes an upward Sharpe whenever it breaks out of the range and reaches the $8 price range.