MESZ Oct 1: 7767 Breakout or 7705 Breakdown?MESZ swept overnight liquidity around 7,705 and is now trading back near the middle of the current range.
For the upside, 7,767 is the main confirmation level.
A confirmed 1-hour or 4-hour close above 7,767 could support continuation toward 7,786, followed by the higher liquidity area around 7,814โ7,840.
On the downside, 7,705 remains the key support and bearish confirmation level.
A confirmed break below 7,705 could open the path toward approximately 7,675.
Key levels
- 7,767 โ bullish confirma
Cup And Handle
ON: Bullish Engulfing Confirms Clean Cup & Handle Retest!๐ต Following a multi-month accumulation cup and handle breakout, price has completed a textbook Retest of the primary horizontal neckline at $68.00 โ $70.00.
๐ฏ๏ธ A powerful 3D bullish engulfing candle formed right at the retest pivot, confirming strong institutional absorption at key support.
๐ก๏ธ Triple Confluence Support Floor ($69.00):
Cup & Handle Breakout Neckline Retest.
Multi-month Ascending Trendline Support.
Dynamic 200 EMA (Purple Line) floor.
๐ Progressive Upside Target Ladder:
๐ฏ Tar
SYNA: Neckline Reclaimed โ Target $148.50 AgainStory:
๐ The Pattern
SYNA's cup and handle already did its job โ the breakout ran straight to the $148.50 target. Since then it pulled back to retest the neckline (~$93-98), and this week is printing a strong bullish reversal candle right at that level.
โก The Confirmation
A solid weekly candle forming right at the neckline retest is exactly the kind of reaction that keeps the structure intact โ old resistance holding as support on the pullback.
๐ฏ Levels to Watch
๐ข Support: bullish while holdi
NVDA: Big Cup-and-Handle at Resistance with New All-Time High๐ก Swing setup idea
50 SMA Strategy
๐ Analysis summary:
The stock is reaching resistance and closing a big cup-and-handle pattern. We can also see the stock breaking all-time high with buyers volume stepping in. This alignment of trend, pattern and volume makes the breakout area key to watch. The upside potential is projected by the depth of the cup-and-handle from the breakout point.
๐ Levels to watch:
Entry trigger: Break above $236.55
Target: $281.35
Stop: Under the support / base of t
NXPI: Small Cup at Resistance with 50 SMA Cross๐ก Swing setup idea
50 SMA Strategy
๐ Analysis summary:
The stock reached resistance, closing a small cup. We can also see a crossing of the 50-day moving average and buyers volume. This alignment of trend, pattern and volume makes the breakout area key to watch. The upside potential is projected by the depth of the cup from the breakout point.
๐ Levels to watch:
Entry trigger: Break above $240.25
Target: $262.70
Stop: Under the support / base of the pattern
๐ฌ Will NXPI break through re
QGEN: 50 SMA Cup-and-Handle with Buyers Stepping In๐ก Swing setup idea
50 SMA Strategy
๐ Analysis summary:
The stock touched the 50-day moving average and is reaching a critical area. We can also see a closing of a cup-and-handle pattern with buyers volume stepping in. This alignment of trend, pattern and volume makes the breakout area key to watch. The upside potential is projected by the depth of the cup-and-handle from the breakout point.
๐ Levels to watch:
Entry trigger: Break above $45.00
Target: $57.40
Stop: Under the support / base
AUDNZD: Bullish Outlook Explained ๐ฆ๐บ๐ณ๐ฟ
AUDNZD formed a cup & handle pattern after a volatility spike caused by Australian Interest Rate Decision today.
A bullish violation of its horizontal neckline provides a strong confirmation.
Expect a rise to 1.2404 level.
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ELF: 50 SMA Cross & Cup at Support ๐ก Swing setup idea
50 SMA Strategy
๐ Analysis summary:
The stock touched the 50-day moving average, crossed resistance and came back to retest support. We can also see a closing of a big cup pattern. This alignment of trend, pattern and level makes the breakout area key to watch. The upside potential is projected by the depth of the cup from the breakout point.
๐ Levels to watch:
Entry trigger: Break above $98.50
Target: $145.70
Stop: Under the support / base of the pattern
๐ฌ Will ELF
EUR/NZD โ Bullish Cup & Handle SetupPrice has formed a Cup & Handle pattern, with the neckline acting as the key resistance and confirmation level. My plan is to wait for a break and close above the neckline before considering the long entry.
At the neckline, bearish divergence is visible, which suggests that price may first make a short-term retracement. The expected retracement area is the Fibonacci 0.382โ0.5 zone, where I am looking for price to find support and continue the overall bullish trend.
As price retraces into the 0
AUD/JPY โ Bullish Cup & HandleAUD/JPY is showing signs of a potential bullish reversal following an extended bearish trend. On the 1-hour timeframe, price has developed a well-defined Cup & Handle pattern, supported by bullish RSI divergence and a Fibonacci retracement setup.
The cup formation begins at Point A, where price established a significant swing low near 109.70 before gradually recovering towards Point B around 112.60, completing the rounded bottom structure.
Following the recovery, price encountered resistance a
PLTR: 50 SMA And Big Cup & Handle ๐ก Swing setup idea
50 SMA Strategy
๐ Analysis summary:
The stock is coming from the 50-day moving average and reaching support. We can also see a closing big cup-and-handle pattern. This alignment of trend, pattern and level makes the breakout area key to watch. The upside potential is projected by the depth of the cup from the breakout point.
๐ Levels to watch:
Entry trigger: Break above $188.60
Target: $269.50
Stop: Under the support
๐ฌ Will PLTR break through resistance and continue
[PSX] MTL - 1D Timeframe Analysis - LONG Setup MTL - 1D Timeframe Analysis
Cup and handle pattern
Entry after Neckline breaks (marked)
SL at LL of handle
Target as per C & H projection (Marked)
Execute it on lower timeframe preferably 1D or 4H
when bullish confirmations are more than the bearish ones.
EUR/JPY (4H) โ Bullish ABCD Pattern | Double Bottom & Fibonacci EUR/JPY is showing signs of a potential bullish reversal following a significant bearish move. Price formed a double-bottom pattern around 177.85, accompanied by bullish RSI divergence, suggesting weakening selling pressure and the possibility of a trend reversal.
Following the double bottom, price rallied from Point A (177.85) to Point B (181.50), establishing the first bullish leg of a potential ABCD pattern.
Price is currently consolidating within a descending structure, forming a potential
XLM/USD - Bullish Engulfing Candle LookoutThis looks like a solid entry to me, if we see a bullish engulfing candle on the daily chart and another green dailyโฆ itโs so on. Lower time frame candles appear to show a reasonable short term entry as well. I think we are set to up to go parabolic with the structure we have been in for while between roughly $0.25 and $0.15. And why not now? ZEC found some independence from the general market at times and outpaced, now LTC is popping off too. XRP showing strengthโฆ XLM will be coming very soon I
EUR/USD (4H) โ Bullish Reversal Trade PlanEUR/USD has completed a significant bearish move following the formation of a large rounding-top pattern. Price has broken below the key support levels at 1.1540 and 1.1500, confirming bearish momentum and establishing a series of lower highs and lower lows.
However, price has now reached a major demand zone between 1.1353 and 1.1396, where buyers previously initiated a strong bullish rally. This area also represents the lower boundary of the rounding-top structure, making it a potential reversa
NVDA Daily โ Inverse Head & Shoulders / Cup and Handle, Needs VoNVIDIA (NASDAQ: NVDA ) โ Daily
Setup: Price is tracing out what reads as both an inverse head and shoulders and a cup and handle at the same time โ the shape lines up for both. Either way you measure it, the depth points to a similar target: roughly 19-20% upside ($46.47) if price clears the ATH resistance at $236.54 and the pattern plays out.
Supporting the structure: the rising SMA underneath (~$203.63) has been tracking higher lows the whole way through, which lines up with th
The $1035 Breakout: MU's Golden Pocket Bounce Isn't DoneStory:
๐ The Pattern
MU carved out a cup and handle after topping near its prior high at 1254. The cup's low lined up almost exactly with the golden pocket retracement of the prior rally, and price bounced hard from that zone, built a handle, and is now breaking out.
โก The Confirmation
Last candle broke above the handle resistance, and volume started rising over the last few days.
๐ฏ Levels to Watch
๐ข Support: bullish while holding above $1030 should act as support now. But a deeper pullback c
GLXY: 50 SMA Touch and Cup-and-Handle ๐ก Swing setup idea
50 SMA Strategy
๐ Analysis summary:
The stock touched the 50-day moving average, reached resistance and closed a cup-and-handle pattern. This alignment of trend, pattern and level makes the breakout area key to watch. The upside potential is projected by the depth of the cup from the breakout point.
๐ Levels to watch:
Entry trigger: Break above $27.50
Target: $36.36
Stop: Under the breakout
๐ฌ Will GLXY break through resistance and continue higher? Let me know in the
DHR: 50 SMA Cross and Big Cup-and-Handle๐ก Swing setup idea
50 SMA Strategy
๐ Analysis summary:
The stock crossed the 50-day moving average and is reaching resistance again. We can also see a closing big cup-and-handle pattern. This alignment of trend, pattern and level makes the breakout area key to watch. The upside potential is projected by the depth of the cup from the breakout point.
๐ Levels to watch:
Entry trigger: Break above $222.60
Target: $282.85
Stop: Under the breakout
๐ฌ Will DHR break through resistance and cont
IREN: 50 SMA Cup-and-Handle at Resistance๐ก Swing setup idea
50 SMA Strategy
๐ Analysis summary:
The stock crossed the 50-day moving average and is reaching resistance again. We can also see a closing cup-and-handle pattern. This alignment of trend, pattern and level makes the breakout area key to watch. The upside potential is projected by the depth of the cup from the breakout point.
๐ Levels to watch:
Entry trigger: Break above $49.20
Target: $69.43
Stop: Under the breakout
๐ฌ Will IREN break through resistance and continue
MGK - 4 months CUP & HANDLEโโโโโโโโโโโโโโโโโโโโโโโโโโโโโโ
Since 2014, my markets approach is to spot
trading opportunities based solely on the
development of
CLASSICAL CHART PATTERNS
๐คLetโs learn and grow together ๐ค
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Hello Traders โ
After a careful consideration I came to the conclusion that:
- it is crucial to be quick in alerting you with all the opportunities I spot and often I don't post a good pattern because I don't have the opportunity to write down a proper didactical comment;
- sin
POPZ2030 (dot perp style futures) cup&handleDot perp/futures is showing another nicely formed cup and handle on the hourly chart. Price target is shown and it lines up almost perfectly with the fib 0.618 retracement when drawing from the low of the handle to the prior macro wave high. I always am amazed how often the fib happens to line up with random price targets. The Golden ratio is a trip. Anyways, wait for neckline break for entry. Price target is 1.1407























