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Breakout-trade

AUDUSD (3 to 6 Months), Short followed by LongThis is based on the observation of the downward AUDUSD channel established from the beginning of this year. Apart from the technically lined lower lows and lower highs along well defined trendlines, a fundamental observation can be linked with the fact that we have observed cycles of: - Bullish Signs: Lower Unemployment rates, high GDP growth approaching 3% and especially an increasing trade surplus (3 Billion $ a month now, mostly due to booming LNG Exports). - Bearish Signs: Very dovish RBA keeping interest rates as low as they get and a kind of busting housing market in the east coast. For the following days expect the AUDUSD to trade momentarily higher from this level at (0.724 maybe up to 0.73 max), and pop out of the descending trendlines, but the first break will likely be a false one (or call it SL hunt) With the next RBA announcement mid next week, expect same cycle to repeat itself, dovish comments and AUDUSD will head down again to test key supports (TP1 0.695 or inversely USDAUD 1.44 key level) However, Australian resources industry is in full steam now, mining sector has recovered and major LNG projects are about to start producing (Gorgon, Wheatstone, Ichthys, Queenslands' Coal Seam LNG....), Australia will overtake Qatar as first LNG exporter globally and this will likely be reflected the AUDUSD rate. This will render RBA's dovish hammers non-meaningful and RBA will have little power remaining to curve AUDUSD down. One other key factor to consider, is that the major four banks are challenging the RBA (NAB, Commentwealth, Westpac, ANZ) with each going their own way and increasing mortgage rates, this may put pressure on RBA to follow free market science, and with the slightest mentioning of increasing interest rates sometime in the future the AUDUSD. A strong break of the downward channel is expected, the TP2 is estimated technically with previous trend lines , fiobonacci expansion and previous resistance level, in the range of 0.89 to 0.95. This is a personal interpretation for the trading community, trade at your own risk.
Long
by ahmedse
[RRT/BTC] The Sleeping giant! Breakout soon! %100++ RETURN!!Hello Traders! Here we have a falling Wedge pattern, it's one of the most Profitable patterns! You will see a breakout within the next couple of weeks or even months. As always this is my trade opinion. Do your own research and never risk more then you can afford to loose! Feel free to ask me questions and or comment your thoughts and ideas. You wait, you win. Patience is key. (Reefer back to my prediction similar to this trade %400++ return)** Best of lucks.
Long
by Gibmoses
1
Set up for breakout - EMA Crossing Hello everyone and welcome to this analysis on IOTA: . As you can see the technical tool that I am using and has been rewarding to me is based on the EMA 52,26,12. A crossover of the EMA 52 and 26 is a sign of a beginning of a trend. In this case you can see that the EMA 26 has just crossed the EMA 52 representing a start of a bullish short to mid term trend upward. RSI under 70 which means the trend trend is not yet set. MACD is showing a neutral sign on the 4 hr. Aggressive set up: Long at market price Stop loss under EMA 52 Take profit at 16232 (7%-8%) depending on TP and marlket price. Conservative set up: Long at EMA 12 Stop loss under EMA 52 Take profit at 16232 (7%-8%) depending on TP and SL. **This is my set up and I am sharing that with you for educational purpose. This isn't, in any case, financial advice.**
Long
by SamLazno
Litecoin :- No Trade Zone LiteCoin (LTC) :- Trading within a zone of support and facing resistance everytime it hits the upper downtrend line of the parallel channel. The Downtrend Channel Breakout would signal a move to the previous highs and would confirm a Bull Trend for LTC. A breakdown from the zone of support would mean that we initiate our short positions as we would then be heading down to the weekly support regions of 141 Stay tuned for further chart analysis and trade updates.
by Akshath1994
AUD/NZD 30 Minutes BreakoutAUD/NZD breakout on the 30 minute chart is going to happen soon. Ready for both sides of the trade. Symetrical triangle forming. Would recommend on selling with 2 orders(If you're going to sell 1 lot normally, make 2 orders with 0.5 lots each), so you can close one of the positions half way to the target, move the SL of the other order to break-even and let it run. Even if it reverses and goes back to SL you would end up in profit, and if it hits TP even better
by Batuhan_Usluel
DPLO - Upward breakout trade from $15.10 to $17.93, $23.77DPLO seems ready for a upward ride. Crossed above MA50 & tested Breakdown resistance. Money flow accumulated & crossed above positive line. Overall looks very good as long. Speculatively we can take a entry now or wait for a break of resistance at $16.13 * Trade Criteria * Date first found- February 3, 2017 Pattern/Why- Breakout trade Entry Target Criteria- Break of $16.13, or decline to $15.10 Exit Target Criteria- First target $17.93, Second target $23.77 Stop Loss Criteria- $14.37 (Note: Trade update is delayed here.)
DLong
by AcornWealthCorp
big pic breakout on ger small cap SNP Schneider-Neureitherfinally, SNPSchneider also made it to become part of Tradingview, which is good and made me register here right away to talk about it. I own SNPSchneider since the pullback in june 2016 and added to my position thursday 09/22 which averages my entry to 28.7. It is by far my biggest position and I consider it to be a fundamental big money trade. On friday, 09/23 SNPSchneider reported its 2nd big order of about $10Mio by 2 US companies within the chemical industrie. most certainly, these companies are Dow Chemical and Dupont. Stock prices went up to 34/34.5ish in late after hours trading. Knowing that the market cap of SNPSchneider is just $120Mio, this is a huge order. However, it also demonstrates that SNPSchneider is currently transforming from a small software company to be a successful global player being on the list of even the biggest US corporates when it comes to sophisticated SAP systems. The Chart on tradingview doesn't look as nice coz it's got no history in it, maybe you can find a different tool to chart it yourself. Consider this stock as a trade at 33/32ish, if you can get it, with stops below pivotal point which is marked by the ad-hoc on friday late afternoon, e.g. 30.2.
FWB:SHFLong
by KhunSaeb
2