ASIA: EURCAD - BREAKOUT/REVERSAL - MOMENTUMOriginally had taken this entry earlier as I was leaving work on a range breakout setup that also met my reversal setup criteria. It retraced now to the entry and a bit of drawdown but I figured I could take this opportunity to journal my trade for future review purpose.
BO
ASIA: EURJPY BREAKOUT - MOMENTUMEJ bias in higher timeframes is still bullish and here we get a nice consolidation leading to a breakout candle at the start of our shift. Price is aggressively drawing down but unfortunately the trade is already set. The process is being followed correctly and this position meets playbook criteria so the trade must play out. Going for 2R on this one
DOW Opening Range Breakout mode failPlease view the lower image, TV doesnt allow public 5 min charts.
BOM --> LH DT at High of BOM --> No further upside above gap fill
Could have been run further, expecting a 1:1 measured move down after the 18th BAR BO, however large Swings at open (300 points) --> Higher Probability of TR after 18th BAR BO.
amara raja Breaking out.Wait for the retest before taking the position.
Enter at 745-750
target 1- 820-825
target 2-870
target 3-915
BA BOEING CO so as we know from the crash things are gonna start going back to normal again and especially for boeing we have seen a clean breakout now and i still expect this to keep going up and up might be slow or very impulsive but im going bullish on this pair for forward
price is meant to be 183.07
2nd chance entries (CL)Deeper look @ breakout setups.
Blindly selling Lows or buying Highs is a recipe for disaster in the long run.
But the right kind of buildup can legitimize a breakout (BO) entry. When a breakout failure (BOF) does NOT immediately make a strong move in the other direction, you've got to ask yourself -- has the power balance really shifted?
If not, it could just be another example of pressure building in the original BO direction.
** Also, take a look at the breakout entry at B (no buildup) vs D (buildup). Especially relevant for a coiling market like crude oil.
GC strong buildup ahead of breakout with FOF setupSee chart for notes.
When a breakout failure DOESN'T immediately create a strong move, ask yourself who's really in control.
BOF's can create powerful moves, but early entrants can also be proved wrong really quickly. If they are, what does that do for your narrative?
Podrá romper los 40 JMIN?Luego de su último swing alcista fuerte y anunciado por BO con volumen por encima de lo normal el papel se toma su merecido descanso y consolida dicha suba. Corrige hasta el 0,5 de fibonacci y encuentra presión compradora aunque reconoce resistencia en zona de máximos historicos. El volumen nos anticipará en este papel cuando esté terminado este proceso y rompamos con un BO fuerte dicha zona para habilitar objetivos mas ambiciosos.
#WatchList
Sell GER30 few days tradeHola Guys,
The price broke the triangle made up with T1 and T2. The market had a pullback on S3 pp and S2 support. Thanks for this pullback we made a test ceiling on T2. This for me is a Bearish signal and i'm gonna open a little trade.
SL is 11640, it is also protected by S2 support and S2 pp
. The TP area is the trendline T3. I forecast that the market will kiss the trendline T3 and after it'll have a pullback but for the moment i'm not able to understand the power of this pullback, so i'm gonna stay ready to close the position here.
To understand the analyse please check my last GER30 idea.
For any questions or needs just write in coments or send a p.m. I'll be happy to help you.
Also i'll send BO and countdowns signals in p.m. because isn't easy to share here, is too slowly.
I hope the trade could help you.
Kind Regards,
Delta B.