GH 3D: breakout forming inside ascending channelThe price of GH continues consolidating within the top of an ascending channel, confirming bullish structure. The rectangular accumulation has lasted for over three months, with price staying above all major EMAs and MAs - a strong trend confirmation. On the last impulse, volume increased, and now the price is compressing again. A breakout with a retest would serve as a valid entry. First target lies near 61.38, second at 73.66, and third at 87.37 - aligned with the upper range of the medium-term Fibonacci extension. Fundamentally, GH remains a promising biotech pick amid sector rotation and potential Fed easing. EMAs and MAs sit below price, and D/A supports the breakout scenario. Waiting for confirmation before entering.
Breakout
GBP/JPY: Total Confluence Targeting 202.05 BreakoutThis is a high-conviction trade setup based on a powerful confluence of fundamental drivers and multi-timeframe technical alignment. We are anticipating a bullish breakout in GBP/JPY, catalyzed by the upcoming UK GDP data release. The price action has formed a classic "coiled spring" pattern, indicating a significant buildup of energy before a potential move higher.
The analysis is based on pure price action, structure, and macroeconomics. The chart is kept intentionally clean to highlight the strength of the setup itself.
The Fundamental Why 📰
Two core data-driven factors underpin this trade:
1️⃣ Macro Policy Divergence: The primary long-term driver is the stark monetary policy difference between a relatively hawkish Bank of England (BoE), which is still fighting inflation, and an ultra-dovish Bank of Japan (BoJ). This fundamental imbalance creates a natural tailwind for GBP/JPY.
2️⃣ Positive Leading Indicators: Recent economic data from the UK has shown surprising strength. Both the Services and Manufacturing PMIs for June beat expectations, suggesting underlying resilience in the economy. This points to a higher probability of an upside surprise in Friday's GDP figures, which would be the direct catalyst for a breakout.
The Technical Picture 📊
Our confidence comes from a rare "Total Confluence," where every timeframe tells the same bullish story.
The Monthly Chart (Strategic View): Shows a powerful, multi-year uptrend that has decisively broken the critical 8-year resistance from the 2015 highs. The macro trend is undeniably bullish.
The Weekly Chart (The Confirmation): Confirms the uptrend is resuming now after breaking out of a year-long bullish continuation pattern. The "resting" phase appears to be over.
The 4-Hour Chart (The Setup): This is the "coiled spring." Price is consolidating in a very tight range right underneath the key breakout level of 199.45. This shows a lack of sellers and a buildup of buying pressure.
Fibonacci Confluence: Our take profit target is not random. It aligns perfectly with the 1.272 Trend-Based Fibonacci Extension, giving us objective, mathematical confirmation for the target at 202.05.
The Trade Plan ✅
This is a "set and forget" breakout strategy. The order should be placed as a Buy Stop to capture the momentum as it breaks higher.
📉 Asset: GBP/JPY
👉 Entry (Buy Stop): 199.85
⛔️ Stop Loss: 198.75
🎯 Take Profit: 202.05
🧠 Risk/Reward: 1:2
This analysis is for educational purposes. Always conduct your own research and manage your risk appropriately. Good luck.
BIDU 1D: triangle breakoutBIDU 1D: triangle breakout + real-world AI deployment boosts bulls
Baidu (BIDU) breaks out of a triangle within a falling channel on the daily chart, with solid volume, reclaim of the 50MA, and approach to the 200MA. $90.09 flips into support. Targets stretch to $105.47 / $113.68 / $124.06 (Fibo levels).
Fundamentally, Car Inc just launched a robo-car rental service powered by Baidu’s Apollo unit. Fully autonomous, bookable for 4 hours to 7 days — this is not future tech, it’s live now. With a $32.6B market cap and low P/E (~12), BIDU looks positioned for revaluation if sentiment shifts.
Tactical setup: entry by market or retest of $90, stop below $82.
When the robot drives customers - you just drive the trade.
Breakout vs Fakeout: How to Spot the DifferenceHello, Traders! 🖖🏻
There’s probably no phrase that triggers more mixed emotions in crypto trading than: “Looks like we’re breaking out!”. Because let’s be honest…For every clean breakout that follows through with momentum…
…there’s a fakeout waiting to trap overconfident entries.
So, how do you tell the difference? Let’s break it down!
🧱 What Is a Breakout?
A breakout occurs when the price moves decisively beyond a key level, such as support, resistance, a trendline, or a range boundary, and holds.
What makes it a REAL breakout?
Volume Expansion: More participants step in as the price moves through the level.
Strong Candle Closes: Especially on higher timeframes like 4H or 1D.
Follow-Through: The market doesn’t just poke above the level. It builds on it.
No Immediate Rejection: You don’t see a sharp wick straight back below.
Example from BTC (2021):
Look back at January to February 2021. BTC had been stuck under the $42K–$43K resistance for weeks. Every push got sold off, until it didn’t.
When the breakout finally came, it was clean. The massive daily candle closed right through the level. Volume exploded. And there wasn’t even a polite little retest, price just launched straight toward $58K, leaving anyone waiting for a pullback completely behind.
Pure trend breakout energy. Everything lined up: the context, the volume, the structure — textbook 🤌🏻
🪤 What Is a Fakeout?
A fakeout, on the other hand, looks like a breakout… until it isn’t. The price briefly moves beyond a key level, but then snaps back inside the range, often trapping late buyers (or sellers) and triggering stop-losses.
Common Signs of a FAKEOUT:
Low or Declining Volume (at the breakout moment).
Quick Rejection with a Long Wick (especially on intraday charts).
Failure to Hold Above the Level on Retest.
Divergence Between Timeframes: For example, a 15M breakout that looks strong while the 4H still shows consolidation.
Classic BTC example:
This one was sneaky! After BTC hit its all-time high around $65K, the market started looking shaky. Price tried to recover by pushing back into the $58K–$60K zone, a pretty critical level at the time. It looked like a breakout attempt… but something was off. No real volume. No strong candle closes. And then, BOOM, hard rejection. The price popped just enough above resistance to lure in breakout traders (and probably clear out some stop-losses)… then completely reversed. And not just a minor pullback, this fakeout basically triggered the entire leg down toward $30K. Classic liquidity grab. The kind of move that looks like strength for a second… until it absolutely isn’t.
🕵️♂️ Key Differences: Breakout vs Fakeout (Checklist)
🧠 What Causes Fakeouts in Crypto?
Honestly, fakeouts aren’t some kind of accident. They’re almost baked into how crypto markets work.
Part of it comes down to simple liquidity hunting. The market knows exactly where traders tend to place their stop losses, right above resistance or just below support. Price often spikes into those zones, triggers stops, fills larger orders for bigger players… and then reverses completely.
Another reason? A lack of real conviction. Sometimes, it’s mostly retail traders chasing a move. Price pokes above a key level, but there just isn’t enough momentum to sustain it. Without bigger buyers or sellers stepping in, the move collapses right back.
And let’s be honest. When everyone on Crypto Twitter is watching the exact same level, fakeouts become almost inevitable. The more obvious the setup, the more likely it gets front-run, faded, or manipulated.
Plus, a huge mistake? People ignore the higher timeframe context. A breakout on the 15-minute chart might feel exciting… but if the 1D or 4H is still clearly in a downtrend, that breakout is fighting against the bigger picture. No surprise it fails. Fakeouts happen because the market’s job is to make most people wrong, at least for a moment.
🧭 Final Thought
Breakouts and fakeouts are part of the same game: they involve both liquidity and psychology. The market rewards patience, context, and waiting for confirmation. Sometimes, missing the first candle can save you from being a liability to someone else. So, next time an asset “breaks out,” take a second look. Is it really moving with force? Or is it just another trap waiting to be sprung?
What’s the last fakeout that caught you off guard? Drop your story in the comments. Let’s compare lessons learned!
AMAZON STRONG UPTREND|LONG|
✅AMAZON is going up
Now and the stock made a bullish
Breakout of the key horizontal
Level of 220$ and the breakout
Is confirmed so we are bullish
Biased and we will be expecting
A further bullish move up
LONG🚀
✅Like and subscribe to never miss a new idea!✅
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Technical Analysis: Price Breakout and BeyondHello Friends,
Welcome to RK_Chaarts,
Let's try to analyze a stock from the FMCG sector, "Dabur India Limited".
Elliott Wave perspective.
We can see that the correction is completed, which is the IVth wave of the monthly time frame of cycle degree in Red. Now, possibly the impulse wave Vth had start unfolding. If we go inside that, we'll see its five sub-divisions in black, labeled ((1))-((2))-((3))-((4))-((5)) of primary degree.
Possibly, wave ((1)) has started unfolding, and within wave ((1)), we'll see five sub-divisions in blue, which is the intermediate degree. Within this, waves (1) and (2) looks complete, and wave (3) has started, which has also broken out of the curve line.
Invalidation level
If our wave counts are correct, the bottom level of wave IV, which is 433, will be our main invalidation level. If the price goes below this level, it will trigger the invalidation level. If that happens, we'll need to re-analyze the chart from a wave count perspective.
But if the price stays above this invalidation level, then our view, which is based on the analysis, will remain bullish, and the chart will remain bullish.
Projected Target
As per Elliott wave theory, it can show new ATH in Long Term, only if Invalidation level is not breached.
Breakout with good Intensity of Volumes
The breakout has a good intensity of volume. The volume in the breakout candle is looking very good, which is 3-4 times higher than the average. This means that market participation is very good during this breakout. So, Conviction is high on this breakout.
We can clearly see that the price has closed above the 50 Exponential Moving Average (EMA), 100 EMA, and 200 EMA, which is a very good sign that the price has overcome all these hurdles along with Breakout.
Now, if there are any hurdles above, they could be the 200 EMA on the weekly time frame, which is coming near the level of 529, and the 50 EMA on the monthly time frame, which is coming near the price of 527. Currently, the price is trading around 513.
Once it crosses 529 or 530, it may show even more strength after that.
Dow Theory Trend confirmation
Based on Dow Theory, if we observe, the price which was falling and making lower highs and lower lows, has now started forming a Higher High and Higher Low pattern on the daily time frame, which is again a sign of bullishness.
Standard Deviation crossed
Price is trading above the mid-Bollinger Band on the weekly time frame, i.e., in the bullish territory. On the daily time frame, Prince has also crossed the upper Bollinger Band, meaning it has broken out and is expanding above the upper Bollinger Band, which is a bullish sign
Supporting Indicators
On the daily time frame, a very good breakout is visible inside RSI, and is also moving above 72. Additionally, on both the daily and weekly time frames, the MACD has given a positive crossover.
Before making any trading decisions, please conduct your own analysis or consult with a technical expert or financial consultant.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com/u/RK_Chaarts/ is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
XRP/USDT – Breakout Confirmed!Hey Traders — if you're into high-conviction setups with real momentum, this one’s for you.
XRP has finally broken out from the massive symmetrical triangle on the 1D timeframe after holding the green support zone like a champ.
This structure has been compressing for months, and with this breakout, momentum could be shifting in favor of the bulls.
Entry: Current Market Price (CMP)
Add More: On dips above $2.20
Targets: $2.60 / $2.95 / $3.40 / $3.80
Stop Loss: $2.05
Leverage: 5x–10x
As long as price stays above the breakout zone, this setup holds strong potential. Keep a close eye for volume confirmation and follow-through.
Let’s see how this plays out. Will update as it unfolds.
Bitcoin (BTCUSD) - Daily Price Uptrend, Resistance Breakout TestBitcoin (BTCUSD) has been in a recent Daily price Uptrend, rallying up from the $100,000 price support level.
A SMA Golden Cross printed on May 21st, 2025.
Bitcoin price is attempting a resistance zone test and has yet to breakout and hold above the $111,000 to $112,000 price zone.
Resistance levels: $110,000 , $112,000 , $117,000 , $121,000.
Support levels: $108,000 , $107,000 , $105,000 , $104,000 , $100,000.
Recent crypto industry, government legislation news, and institutional crypto purchases have helped to keep Bitcoin price above $100,000 support.
Stock market correlation volatility could also affect the crypto market and prices for the next 30 to 45 days.
Apple Is Climbing the Fibonacci Channel Ladder – Step 5 Ahead?On the monthly chart, Apple (AAPL) is steadily moving within a well-defined ascending Fibonacci channel, like climbing a ladder — step by step.
The price is currently testing Step 4 , a zone that has acted as a strong resistance barrier.
Despite the pressure here, the structure still appears bullish, and even a minor pullback might simply be a pause before the next move.
If momentum picks up, we could soon see a breakout toward the next step — targeting 234 at Step 5.
The trend remains technically intact unless the channel is broken, and the overall formation still leans toward continuation.
AMAZON Will Keep Growing! Buy!
Hello,Traders!
AMAZON is trading in an
Uptrend and the stock made
A breakout and retest of the
Key horizontal support
Of 218$ and is going up again
So we are bullish biased
And we will be expecting
A further bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
EUR/USD breakout awaiting EUR/USD has not provided a clear structure over the past week or two. The pair appears to be in consolidation, building liquidity on both sides of the current range. At the moment, I’m waiting for a decisive breakout, ideally followed by distribution within the monthly supply zone, although that zone is still some distance away.
This week, my focus will be on whether a new supply zone forms, closer to current price. If price sweeps the nearby equal highs and then shows signs of reversal, this could give us a fresh supply area to work from. Alternatively, if price moves lower, I’ll be looking at the 8-hour demand zone around 1.16000 for a possible long setup.
Confluences for EUR/USD:
- Although price has been slightly bullish, the current consolidation phase suggests a potential reversal could be on the horizon.
- Liquidity is building on both sides of the range, making a reaction from the monthly supply zone increasingly probable.
- There’s significant downside liquidity still untapped, such as Asia session lows, which could serve as short-term targets.
- For clearer confirmation, we still need a decisive break in market structure to the downside.
P.S. If price sweeps the lower liquidity and moves into the 8-hour demand zone near 1.16000, I will be watching for accumulation to form and signs of bullish intent from there.
Riding the Wave: Breakout Trading with Elliott Wave AnalysisHello Friends,
Welcome to RK_Chaarts,
Today we're going Analyze the chart of " HASBRO. " to identify a trend change opportunity.(Educational Post).
Let's get started!
Today, we analyzed the weekly chart of "HASBRO" using Elliott Waves theory and chart patterns. We clearly observed that the July 2019 top, with a high of 126.87, completed a primary degree Wave ((3)) in Black. The recent bottom in November 2023, around 42.69, marked the end of primary degree Wave ((4)) in Black. Since then, the price has formed a higher high and low, indicating a potential reversal.
The recent weekly candle close has broken out of the Resistance trendline and also confirmed an inverted head and shoulders breakout along with good breakout in RSI on weekly-cum-monthly time frames. This suggests that we may be unfolding a primary degree Wave ((5)) in Black, which should consist of five sub-divisions of Intermidiete degree in Blue. Based on the chart, it appears that Intermidiete degree Waves (1) and (2) in Blue are complete, and Wave (3) may have started.
Resistance Trendline Breakout with Inverted Head n Shoulder Breakout
RSI Breakout on Weekly
RSI Breakout on Monthly
Major EMAs Support on Daily, Weekly & Monthly
Both Elliott Wave theory, EMAs support, Trendline Breakout and chart pattern Breakout indicates that the price is likely to move higher from here. However, please note that technical analysis is a game of probabilities, and there's always a chance of being wrong.
To mitigate this risk, we've marked an invalidation level around 42.69. If this level is breached, our analysis would be invalidated.
Projecting the target for Wave ((5)) using the 123.6% of Wave ((4)) measurement, we get a long-term target of around 146.56. This is a possible target, but please keep in mind that this is an educational study and not a trading tip or advice.
Before making any trading decisions, please conduct your own analysis or consult with a technical expert or financial consultant.
I am not Sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Hope this post is helpful to community
Thanks
RK💕
Disclaimer and Risk Warning.
The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Chaarts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Chaarts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
HelenP. I Euro may soon reverse and test support near $1.1655Hi folks today I'm prepared for you Euro analytics. If we look at the chart, EURUSD has been climbing steadily within an uptrend, bouncing multiple times from the trend line and making higher highs. However, despite the recent bullish structure, the pair is now showing signs of slowing momentum. The price is approaching a possible turning point near the top, and the latest candles show hesitation. Now the pair is trading near 1.1790 and still staying above the trend line, but I believe it may rise a bit more and then break down below the trend line. Once this structure is broken, I expect sellers to take control and push EURUSD toward the nearest support zone between 1.1655 and 1.1630 points. This zone acted as a key level in the past and may serve as the next area of interest for buyers. Given the extended movement and potential loss of bullish pressure, I remain bearish and expect EURUSD to move down to retest support. The level of 1.1655 is my current goal. If you like my analytics you may support me with your like/comment ❤️
Disclaimer: As part of ThinkMarkets’ Influencer Program, I am sponsored to share and publish their charts in my analysis.
EUR/JPY: Bullish Setup on 170.00 Breakout & Dovish BoJWe've identified a compelling, high-conviction long trade setup on EUR/JPY, perfect for a limit order right now. This trade leverages a powerful combination of fundamental divergence and a confirmed technical breakout, setting the stage for quick execution and potential profit! 🎯💰
Fundamental Rationale: 🌍📊
Japanese Yen (JPY) Weakness: The JPY is under significant bearish pressure. 📉 The Bank of Japan's (BoJ) persistently dovish monetary policy, keeping interest rates at historic lows, creates a wide interest rate differential. This fuels "carry trades," where investors borrow low-yielding JPY to invest in higher-yielding currencies like the Euro, increasing JPY supply. Recent weak economic data, including a decline in Tokyo CPI, reinforces expectations that the BoJ will not hike rates in 2025. Additionally, a global "risk-on" sentiment diminishes the JPY's safe-haven appeal, leading to capital outflow and sustained Yen depreciation. 🐻📉
Euro (EUR) Stability: While the Euro isn't showing explosive bullish momentum, its relative stability provides a crucial counter-balance to the weakening Yen. 🇪🇺 The European Central Bank (ECB) is inclined to maintain its current policy, and recent Eurozone inflation data hasn't significantly altered expectations for further rate cuts in H2 2025. This steady footing, paired with the pronounced JPY weakness, creates a compelling bullish case for EUR/JPY. The Euro's role is to be a stable anchor against a fundamentally weak JPY, allowing the cross to climb. ⚖️
Technical Setup: 📊✨
Decisive Breakout Confirmed: EUR/JPY has achieved a powerful and decisive breakout above the critical psychological resistance of 170.00 and its previous yearly high of 169.75. This is a monumental technical event! Such a sustained move above key long-term barriers signals strong underlying buying pressure and confirms a "new trigger for the bulls," indicating a high probability of continued uptrend. 🚀⬆️
High-Probability Entry Strategy: Our entry strategy is designed for a quick and successful fill. Following the confirmed breakout, we anticipate a classic "breakout and retest" phenomenon, where price pulls back to retest the former resistance (now new support). By placing a limit order slightly below the current market price, at 170.10, we aim to catch this anticipated pullback, securing an optimal entry with a tighter risk profile. 🔄🎯
Clear Resistance Target: Our single Take Profit target is strategically set at 170.90, just below the next significant resistance: the 78.6% Fibonacci retracement level at 170.93. This level, derived from a previous long-term decline, represents a key area where price might encounter resistance. Targeting slightly below it increases the probability of the TP being hit before any potential reversal. 🎯✅
Trade Parameters: 📋✨
Currency Pair: EUR/JPY 💶🇯🇵
Direction: Long (Buy) ⬆️
Entry (Limit Order): 170.10
Take Profit (TP): 170.90
Stop Loss (SL): 169.60
Risk-Reward Ratio: 1.6:1 (A favorable ratio for a high-probability setup!) ✅
SEI Long – Breakout with Relative Strength & Trend ContinuationSEI is showing strong relative strength and has just broken out of recent structure. We’re watching for a higher low to form above the $0.22 zone, confirming trend continuation and unlocking upside liquidity.
📌 Trade Setup:
• Entry Zone: Around $0.22
• Take Profit Targets:
o 🥇 $0.29
o 🥈 $0.39
o 🥉 $0.49
• Stop Loss: Daily close below $0.19