Analysis: #CAKE is in a strong uptrend and is currently forming a cup and handle pattern on the 30-minute timeframe. This is a classic bullish continuation pattern, signaling a potential breakout. Key Observations: ? Higher Highs (HH) & Higher Lows (HL) indicate a healthy uptrend. ? Bearish divergence spotted—indicating a possible retracement. ? If support breaks, we may see a trend reversal. ? If the handle completes and #CAKE breaks out, it could be an ideal buying opportunity. Strategy: ? Wait for breakout confirmation above the cup resistance. ? Entry: On breakout with volume. ? Stop Loss: Below recent HL. ? Target: Measure the depth of the cup for a price target. Final Thoughts: This setup has high potential, but always use proper risk management. What’s your take on #CAKE? Will it break out or break down? Comment below!
? Texas Pacific Land Corporation ( NYSE:TPL ) Ready for a Major Move! ? This weekly chart is showing a breakout pattern, with 63%+ upside potential to $2,258.15! ? Current Price: $1,381.19 (+2.67%) ? Target: $2,258.15 ?? ? Potential Gain: +879 points (+63.75%) Will TPL hit new highs? Drop your predictions below! ⬇️ ? #Stocks #Trading #Breakout #Investing
H1 - Bearish trend pattern Currently it looks like a pullback is happening Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
Noticed the 1h pattern i already had marked up a few days or weeks ago that its still continuing just in a bigger scale with Corrections reaching -1.6% and pumps reaching 3.5-3.6% or about 10000 Ticks lets see if we can hit the final run to the 3000$ of if this is gonna stay a down trend now but im eager to see a push to the 3000$ line also may retest the previous high after we broke ATH.
Dogecoin: Breakout from Strong Structure Zone Dogecoin (DOGE) has broken out from a robust structure zone near $0.2600. This breakout appears solid, suggesting the potential for further price increases from this zone. However, the price may pause as the market awaits Fed Chair Jerome Powell's testimony. The market does not anticipate any new developments from Powell, but his comments could influence the timing of the next bullish wave. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
We've reached the sell zone at $98,000–$99,200 (local volume zone) on Bitcoin. The move was relatively weak in terms of volume. In the near future, we expect two possible scenarios: 1️⃣ A strong, high-volume breakout of the zone to the upside. In this case, we would look to join on the retest. 2️⃣ A rejection from the zone, leading to a deeper test of the lower buyer’s zone. Sell Zones: ? $98,000–$99,200 (local volume zone) ? $107,000–$109,000 (volume anomalies) Buy Zones: ? $95,000–$93,000 (volume anomalies) ? $89,000–$86,300 (accumulated volumes) Interesting Altcoins: For TRUMP , we are expecting the completion of a bullish reversal pattern. There was strong absorption of selling pressure in the $16.10–$15.70 zone. On a retest with confirmation, we plan to enter a long with a first local target of $17.30. https://www.tradingview.com/x/MGdZkE3X/
Gold still in strong uptrend. Can scalp sell to support zones, Buy when confirmation on support or sell the break to next support. Long Term Up still...
Nifty updated chart 1 hrs tf looking bulish cypher pattern cmp 23065 on 11.02.2025 if sustain than it can revese from the zone
? GBPUSD Price Forecast & Analysis ? GBPUSD has formed a Cup and Handle pattern at the top of the uptrend, which is a reversal signal indicating potential downside movement. ? Technical Breakdown: ✅ The market has broken the support level and the 50EMA, confirming a shift toward a selling trend. ✅ Now, GBPUSD is retracing back to 1.2380, which acts as an order block (a key resistance zone). ✅ If a strong bearish candle forms at this level, it will confirm the continuation of the downtrend. ✅ Volume is increasing on the selling side, strengthening bearish momentum. ? Sell Entry: 1.2380 (After confirmation from a bearish candle) ? Technical Target Levels: ? 1.2250 – First support level ? 1.2190 – Second support level ? Trading Insight: This setup presents a high-probability trade as GBPUSD has already shown breakout signals, and a retest of the broken support could provide the perfect short entry. ? Stay updated with more forecasts! Like, comment, and follow for real-time trade insights. ? Kind regards, Trend Logic
Drawing trend lines on the EUR/CHF I decided for the first time to use alarms as I was rarely present at the right time to place an order. It worked well but it was night time and I waited the morning to place the order … in a way maybe it was safer to wait the completion of a candle. This is a demo account and a first trade; money management was clearly not respected as I personally limit myself to 1000 usd stop loss on a 100k account. For the TP level it seems a long shot but graphically I think it stands. On the psychological aspect, if it was a real trade would I keep it running? I doubt it, but if anyone has done something similar in real trading, I’d be glad to hear your thoughts. Hoping to publish better trades in the future