? ? ? Asset: Beta Bionics, Inc. (BBNX) ? Timeframe: 30-Min Chart ? Setup Type: Bullish Breakout Trade ? Trade Plan (Long Position) ✅ Entry Zone: Above $14.50 (Breakout Confirmation) ✅ Stop-Loss (SL): Below $13.40 (Invalidation Level) ? Take Profit Targets: ? TP1: $15.92 (First Resistance Level) ? TP2: $17.70 (Extended Bullish Move) ? Risk-Reward Ratio Calculation ? Risk (SL Distance): $14.50 - $13.40 = $1.10 per share ? Reward to TP1: $15.92 - $14.50 = $1.42 (1:1.29 R/R) ? Reward to TP2: $17.70 - $14.50 = $3.20 (1:2.91 R/R) ? Favorable Risk-Reward Setup – Targeting a 1:2.91 R/R at TP2. ? Technical Analysis & Strategy ? Bullish Wedge Breakout Setup – Price consolidating at key support. ? Strong Reversal Potential – Buyers stepping in near $14.50 support. ? Volume Confirmation Needed – A strong buy volume spike above $14.50 confirms momentum shift. ? Momentum Shift Expected – Breakout could lead to $15.92, then extend to $17.70. ? Key Resistance & Support Levels ? $15.92 – First Resistance / TP1 ? $14.50 – Breakout Level / Long Entry ⚪ $13.40 – Stop-Loss / Support Level ? $17.70 – Final Target / TP2 ? Trade Execution & Risk Management ? Volume Confirmation – Ensure strong buying pressure before entry. ? Trailing Stop Strategy – Move SL to breakeven ($14.50) after hitting TP1 ($15.92). ? Partial Profit Booking Strategy: ✔ Take 50% profits at $15.92, let the rest run to $17.70. ✔ Adjust SL to breakeven ($14.50) after TP1 is hit. ⚠️ Fake Breakout Risk ❌ If price moves back below $14.50, exit early to limit losses. ❌ Wait for a strong bullish candle close above $14.50 before entering aggressively. ? Final Thoughts ✔ Bullish Setup Confirmed – Breakout signals further upside potential. ✔ Momentum Shift Expected – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:2.91 R/R at TP2 makes this a high-quality trade. ? Stick to the plan, manage risk, and trade smart! ?? ? Hashtags for Maximum Reach ? #ProfittoPath ? | #BBNX ? | #StockMarket ? | #BreakoutTrade ? | #BullishSetup ? | #SmartTrading ? | #TechnicalAnalysis ? | #SwingTrading ?
Bitcoin currently printed a bullish divergence on the daily time frame with a divergence sequence on the hourly time frame, we can use this as context to see a rally, but we can't be so sure yet whether it would continue or be a bull trap because of the 3 wave pattern that bitcoin made when it hit lower lows, this suggests an ABC correction that could be a Wave B for an expanded flat pattern.
The gold market is currently experiencing a bullish trend, and technical indicators suggest that this momentum is likely to continue. Based on the 4-hour chart analysis, gold is approaching a new high, with the next key price target set at $2975. Technical Analysis & Market Outlook Price Trend & Momentum Gold prices are on an upward trajectory, indicating strong bullish sentiment. The market is showing a consistent push toward higher price levels. Fibonacci Retracement Signals Bullish Continuation The Fibonacci 0.5 retracement level has been successfully completed. This technical confirmation suggests that the correction phase has ended, and the price is likely to continue its upward movement. Key Resistance & Support Levels The next major resistance level is at $2975, which serves as a potential price target. On the downside, if the market faces any pullback, previous support zones $2878 will play a crucial role in stabilizing the price. Market Expectations Given the technical setup, gold is expected to maintain its bullish momentum in the short term. Traders and investors should monitor key resistance levels, while also keeping an eye on macroeconomic factors such as inflation data, interest rates, and geopolitical developments, which can influence gold prices further. In conclusion, with the Fibonacci retracement completed and the market pushing toward new highs, gold is well-positioned to reach $2975 in the coming sessions
My analysis shows that the PI price can go up to the (X and Y) area. In that area (X and Y), there may be a retracement after completing the five-wave pattern.
Travis Kalanick, the former CEO of Uber, made it clear on Wednesday: he believes the company’s decision to abandon its autonomous driving program was a mistake. Said Kalanick at the Abundance Summit in L.A., “Look, [new management] killed the autonomous car project we had going on. At the time, we were really only behind Waymo […] © 2024 TechCrunch. All rights reserved. For personal use only.
Counter-Analysis (Bullish Scenario Instead of Bearish) Breakout Instead of Reversal The analysis assumes that GBP/USD will reject at resistance (~1.3112), but if buying pressure is strong, it could break above resistance instead of reversing. A breakout above 1.3112 could trigger further upside movement toward 1.3200+ levels. Support Holds Instead of Breakdown If price pulls back but finds strong support at 1.2800 - 1.2700, bulls could re-enter and push GBP/USD higher. Instead of falling toward 1.2561, the price could consolidate and continue its bullish trend. Trendline Acting as Support Instead of Resistance The red trendline suggests resistance, but if price consolidates above it, the trendline could turn into support, confirming a bullish continuation. Fundamental Catalysts Favoring GBP Strength If the Bank of England (BoE) signals hawkish policies or the USD weakens, GBP/USD could rise instead of fall. Economic data (such as strong UK GDP or inflation) could further support a bullish breakout.
bullish trend, what do you think guys Any good broker for futures
Bitcoin remains in a local trading range, with price rejecting from the range high after a liquidity sweep. An oversold bounce is now testing resistance, and failure to reclaim the range high could trigger a move toward the range low. • Price tapped the range high, swept liquidity, and dropped back into the range. • An oversold bounce is retesting resistance—failure here could lead to the range low. • Liquidity remains below the range low; a sweep and reclaim could confirm a reversal. Until then, Bitcoin is likely to remain in a rotational structure, requiring patience for high-probability trade setups. thank you
Weekly chart of BKY Currently breaking out of weekly triangle within a larger triangle pattern Will likely get to $0.57c relatively quickly which is the larger triangle trend line Given the hovering around current levels I'm almost thinking that is accumulation which may push this through multi year resistances and breakout for a strong move higher Full disclosure this is a long term position I have had for a while now...
A trend reversal is confirmed in AUDCHF, it could take a retracement and then go bullish.