Brakeout
STO, Santos Limited - Breakout on Cup & HandleTechnical analysis is applied in all regulated financial markets, and the higher the capitalization, the more we get the statistics of Winrate % and Risk Reward that we know and that is why we filter certain companies based on their economics.
Our strategies use classic technical analysis, spreads on some commodity futures, the purchase of shares with options hedging, the sale of options and some special strategies in Forex.
Everything always starts from the allocation of capital according to a certain model of money management.
Only with the strict discipline of all this you can be profitable in the long run.
Do not believe in fairy tales if you plan to make steady profits over 40% per year, it's just luck that it will end soon and very badly.
AUDCHF possible brakeoutLooking for convincing break of this strong resistance. Price raided stops that have accumulated at the bottom of the range and shoot up.
Its been building up steadily to try another brake out at the strong resistance. Higher time frames suggest rather bullish bias.
Daily close above 0.66874 would be significant and would likely see price hit my target around 0.67488 area. As always watching developing price action and acting accordingly.
If I dont see what I want to see then I dont trade! No ifs and buts!
BTC first downtrend line brake!Hey guys, here is a chart of BTC how I see it.
So BTC on 4H broke the first downtrend line but didnt yet confirm at least 1-2 candles on in, so if you want risk a little bit more you can open LONG trade here, or you can wait for confirmation.
STOPs at 9.7k and 9.5 k
RSI is bullish at 58 levels and still more to upside.
MACD is in uptrend but still a little lazy.
ADX shows strong trend reversal but still in early stage as blue line is at 16, and we need over 25 to be confirmed.
From here I see confirmation of 4H candle on PINK line and maybe a little play on blue uptrend line before it brakes 10.8k and 11k that has been pretty hard for BTC to mantaing over last weeks or so.
If we can hold over 11k and not fall trough again for sure 12k is next step up!
Thats it for now!
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Peace!
RVN/BTC - 4-Hour - Triangle - Potential +20% still waiting for one more touch of the bottom of the triangle to complete the E, then i expect a brake out and hit of my target.
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BTC: 1LCayhGfdzsNP9M5227LyE28FKed4thEsB
LTC: LaPLQ6JoiqrxYED9FBNVphyApAhpW4Yw3R
ETH: 0x1Ec59747Ff307FaA71de070A3914e9afFbac7424
LTCs retracement before another move upLTC had a well respected resistance at 45 EUR, and it managed to brake above it!
Right now I have outlined a channel (Light blue trend lines) in which LTC is moving in for the past 44 days.
Right now LTC has made a Double Top pattern. That could lead LTC to retrace back to the support at 45 EUR.
I am looking forward for an Entry at the 45 EUR zone ( Green circle ) . Just need a comfirmation for the Entry.
BTC Bullish Price Movement Confluence.I have spotted an amazing bullish price movement confluence for BTC. In the 1W Chart I spotted rejection towards the 2770 EUR Support Zone, and now the price made a Double Bottom pattern ( A strong price action reversal pattern. ) When I moved on to the Daily Chart I spotted this huge Head & Shoulders formation occurring with a Neckline ( Brake out line) @ 3600 EUR. ( Another strong price reversal pattern. ) Personally I am looking forward towards this formation, because the moving averages ( 50 MA = Yellow / 100 MA = Blue, ) have crossed as well. ( Just an indicator comfirmation. ) And in the 4H Chart I saw another Double Bottom, but it already did a Bullish Brake Out, and has started a Bullish Trend making its first Higher High and Higher Low.
In conclusion, if BTC brakes above the 3600 EUR level, then we will see huge bullish moves.
I have also highlighted the the analysis with colors on the chart !
Leave a like if you agree that BTC is going BULLS !
Comment your thoughts below !
Survive Strategy or Suicide?Survive Strategy or Suicide?
I'm have one thousand dollars, and I use lotos of 1k. for all trades, so I believe that I have some "Equity" to risk...
I will like to know what will you do, if you where in this situation I'm in...
Whate for the yelow arrows to close and brake even with little profit, o you recomend to wait to the end of the orders?
Or you believe that nither of this will happend?
Thaks for any recomendations and comments...
Just one more lost beginner in this desiving an confuesing Market...
Very stresing... Jejeje...
GBPJPY (Short on trend)Hello, colleagues. According to my price analysing system, there is a signal on a short at GBPJPY. Down trand is clearly seen. Price is increasing, creating pullback of down trand and it has already moved for 50% of previous movement (an extra reason to sell). As the price moves upwards it slowed down creating pins. What is more, price has breaked a bit through EMA 8-21 which I use as Dynamical: Support and resistance. To start with, I put 3 to 1 R\R, despite the potential 4to1. If the order closes at stop, I'll wait for a movement to 144.400 - 145.000 zone and look for a signal to sell there.
I'm waiting for your feedback and critic.
The bears are roaring- 14/3: Price broke and closed under the long term trendline
- The bullish response the next two days was pitiful
- Price is likely to move towards support
- There it could get cornered between support and the downwards trendline where it could fuel momentum to travel North or South
- If it breaks and closes under support a head and shoulder pattern is confirmed
- Next significant level would be $3000,-
- As long as price stays under the downwards trendline the bears will stay