2026-03-22 07:27:13

Two Cakes Trading Analysis

Two Cakes has broken down from its current flag pattern; the former lower edge of the flag at 2127 has now become resistance.

This wave of decline has temporarily stabilized; to continue rallying, it must break through the flag resistance to have a chance to push toward 2202. If it fails to hold 2105, it will likely test the 2046 low again. Once the previous low breaks, downside space will open up.

Long Entry Strategy
• After volume breaks above 2106, retrace and enter long positions, stop loss on breakdown

• Retrace to 2046 support and stabilize to add longs, stop loss on break below 2005

• Left side pending orders: Enter long at 1988, stop loss on break below 1946

Short Entry Strategy
• After volume breaks below 2085, enter short on the rebound with proper stop loss

• Touch 2176 above to set up short positions, stop loss on break above 2206

Key Levels

• Resistance: 2106, 2142, 2176

• Support: 2097, 2067, 2036

• 4-hour level: Break below 2080, watch 2033, 1990 below
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