Get started

Breakouts

BRKR Potential Long Breakout Trade using B.I.T.SWe are already long on BRKR on the weekly timeframe for a longer term investment using our Elliott Wave Indicator suite for TradingView. You can view that original Trade Idea >>>HERE<<< The momentum has built with this trade and we are looking to add or indeed, for those not in BRKR yet, a trading opportunity using our B.I.T.S (Breakout Intelligent Breakout Signals) Indicator. Long at $50.12 with Stop at $48.34 and potential target at $54. This indicator looks for momentum with volume with contraction is price action to look for those high probability breakout trades on Stocks, futures, crypto and commodities. This shows the power of long term investing and trading stocks with both of our Indicator Suites for the Trading View Platform
NASDAQ:BRKRLong
by xBratSoftwareSolutions
Why FPGROUP spike high today? BreakOut DownTrendLine (BODTL)!First of all, congrats to the followers of our Notion analysis done on Thursday which hit the pre-determined targeted price of RM0.950 on Friday. How did we catch FPGROUP before the majority at RM0.505 today? FPGROUP had made a successful BreakOut DownTrendLine (BODTL) when it broke RM0.505, which was the first signal triggered with increasing volume. Furthermore, when FPGROUP broke previous high at RM0.510, indicating a strong momentum was continued to be generated! It's hit our first target RM0.525 for today. We are looking forward for a targeted price of RM0.555 in the very near term.
FLong
by ShareWorldConsulting
Daily Trade Control EuroUsd for 28/10- 1/11/2019 for Swing ModeFirst,i have take major support and resistance from Monthly for direction of price and current trend still bearish and expected to perform double bottom before trend change to Uptrend.The Red horizontal line indicate Monthly support and resistance and Blue horizontal line indicate Daily support and resistance level. For today, i target price still continue go down to 1.10776-1.10658 before go up 1.11300 for retracement and go down for continue bearish trend and it will be in next week. STEP for entry: 1)Find trade control in bigger timeframe 2)Find major support and resistance in bigger timeframe 3)Wait for price breakout and pullback at key level before entry. 4)Set TP and SL base on next support and resistance. 5)My MM is 5% risk from capital. This my analysis for my trading journal.
Short
by MxNadhir
Why I do not like breakouts (even if they are great)As you can see on this chart there were a couple of great breakouts, that went straight in the right direction. We also know that trying to catch tops & bottoms is a noob trap, with all the really ungifted new traders that are 95% certain to fail & quit obssessed with catching bottoms (go check the Bitcoin bull community they have a new bottom every 3 months). So why don't I like breakouts that much? Here is my list of reasons: 1- Even after a couple of years, I prefer to stick to 1 group of strategies and really perfect them, become a sniper, rather than chase opportunities all the time and risk going insane (meaning overtrading). That's definitely happening, a way or another. 2- The majority of us that do not work at citadel etc, are competing against traders with a big information and speed edge. Not only are there directly connected to the exchange and can execute faster than lightning while your order goes throught the internet, but they also have access to alot of the order flow (for forex banks legally simply just have it, and for stocks you got brokers selling their retail clients order flow in exchange for "free" commissions. Not sure about CME futures, might be the only ones "safe"). Your competition will KNOW FOR A FACT there is a breakout long before you. You might be able to set an order with your broker to buy a breakout but it's going to get executed like a turtle far after hft firms and other people using unfair advantages. When you enter on a bottom if it break below you are out and don't have to worry, but in this case, winners have this tendency to go your way very quickly and you have to react fast. And of course your orders have to be set in advance no other way no one can be fast enough. With a rounded bottom accumulation type, you have plenty of time... Feels like a race, with a big disadvantage. 3- Which brings us to step 3. You will get scammed all the time. Currency markets are curious, they love to go test levels before continuing in a trend. Unless you want to have very wide stops and a bad reward to risk, the market will stop you out over and over and over and over and over before going in your direction. I can just look at any chart and see it all over. Rather than whine about what a scam this is, why not simply take the opposite side? If the price breaks, then you place an order very far away in case it pumps like this... As close as free money we can make it without straight up profiting of a bug with a broker. 4- If you buy bottoms with the price pumping your way you are likely to experience POSITIVE slippage, with breakouts (in particular with cotadel front running you) you are likely to experience NEGATIVE slippage. 5- You will never get the whole meat of the move (but if you go for pullbacks and bottoms, you might) Not a very important point because in practice you're not drowning in profits from giant winners with buying bottoms, but nonetheless... 6- I think it puts you in the wrong mindset, you can easilly find yourself chasing the market over and over, the strategy is literally buying into FOMO as fast as possible. Whereas if you wait for a pullback, for weeks, unless you lose patience and do something dumb, you are not going to be chasing anything but accepting what the market is going to give you. So to sum up the main reasons for me are: - I don't like the concept of buying into FOMO as fast as possible - I don't want massive slippage - I don't want to get scammed over and over with the price going against me in a minute, and my way the next
Education
by MrRenev
#VolatilityWatch - $RGNX Upcoming data + Technical SetupThis year has been full of positive catalysts for RGNX. As RGNX continues to build out their clinical pipeline, data catalyst from upcoming phase 2a report on their Wet-AMD gene therapy product could send the stock roaring higher. RGNX is set to report data Oct. 13, 2019 and the companies technical setup is quite nice. The Wet-AMD market is a lucrative opportunity and proving the previous offering was worth the time and R&D to investors with good data will re-ignite excitement and investment. Although market conditions have been terrible lately, RGNX has held up great (I interpret this as positive sentiment going into data). I have outlined and noted bullish patterns I will be watching. One-Year-high : $85.10, July 09, 2018 Cup and Handle formation starting date of IPO (Stock has retraced to bullish .707 harmonic retracement level from the July 2018 high). Recent low of $30 has significant price structure to hold current support. $30 also marked "oversold" territory and double bottom on the one-year chart. Symmetrical patterns portray controlled accumulation/ distribution in downtrend. Recent price spikes indicate Bulls buying back in for potential run-up on good data. RSI and CCI moving toward positive slopes. Fibonnacci support levels converge with July 09, 2018 high. Levels to Watch -- Levels I will be watching to add range from current price ($35) down to $30.40 -- Structural levels (highlighted in horizontal rectangular box) -- Support levels (horizontal lines on chart) price needs to hold range from $30 -> $26 Please like and follow us here so I can continue finding awesome charts and money moves. Thanks in advance! Disclosure: I am long RGNX. I may buy or sell within the next 72 hours. This is not a recommendation to buy or sale, please do your homework before investing. Check my recent move with Conformis Inc. (Nasdaq: CFMS) , gaining over 30% move today
NASDAQ:RGNXLong
by follow_the_money
USD/JPY TREND LINE(LOOKING FOR A BREAKOUT OF 106.800)As we can see on the 4H time frame we have had previous Higher highs and Higher lows. We are now waiting for a break above our Daily Resistance level at 106.800 and also a strong previous Supply zone at 106.650. We will be aware that price could in fact reject the Supply zone and break below trend towards 107.350 which we would look to enter upon a break of previous lows. Just my analysis :) Trade with your own techniques. Instagram -@RhysFX_
Long
by RhysFX
4
EUR/USD ANALYSIS / BUY? SELL?As we can see on the 4H time frame we are currently consolidating between 1.11075 and 1.10650 so I will be waiting for a clean break and retest of one of these prices for a precision perfect entry. Above 1.11075 we will look for TP levels at 1.11450 (38 pips) with a possibility of breaking our supply zone to 1.11650 (58 pips). Below 1.10650 we will look for TP levels at 1.10350 (30 pips). I will be using 1:2 R:R for this trade once a level is broke. As always trade using your own techniques. Drop a like and follow :) Instagram - @RhysFX_
by RhysFX
1
RADA on Radar within #Defense & AeroRADA looks to be forming cup and handle pattern on daily chart. Looks to have already completed 1st and second wave in uptrend (2 of 5), which also filled a previous gap. This stock seems to be flying under the radar ; ) Please Like and Follow so I can continue finding trade setups. Thank you in advance =) Check me out on Instagram or Twitter @VolatilityWatch Disclosure: I do not own RADA. I may buy/ sell within the next 72 hours. This is NOT a note to buy or sell. Please do your homework before investing.
RLong
by follow_the_money
#bitcoin - recent short on 6hGood morning, after a very clear short opportunity (extremely overbought, stochastic broke down & evening star) just below the Yearly R1 Pivot the short is either been closed at this SMA100, also called SMA-Stop and got 10% (without leverage) profit, or for those who are still in and played this game against the trend, they should already have their stop about 3.5% in profit. Always remember the importance of going into bigger timeframes to not lose the overview of things happening, this is also essential for daytraders. Break-Levels are key! Together with monthly and yearly Pivots also major leadlines, it is very possible to make good trading plans without being constantly under heavy pressure. *Always set stops. Dyor. No financial advice. If you are interested in using the NeruSuite v5 (final), please contact me in Telegram @NerubicaC or here in TradingView via DM . ____________________________________________________________________________________________ BitMEX Ref-Link for 10% Fee Discount the first 6 months: www.bitmex.com
BITMEX:BTCUSD.P
by Gl4diator
CRM with earnings on play for 06/05/2019 trading sessionHello everyone CRM releasing earnings beats expectations but disappointments regarding the guidance could lead to a fade. Price got to 157sh, 100sMA area and 154sh, 20eMA area in after-hours session. There is a beautiful bullish wedge holding nicely on 13eMA 10min that is waiting to pop. Curious to see how today's after-hours session will close. For tomorrow trading session if at the opening at least 50k volumes will be already traded and if the pattern will not change I will long: 1) above 157.33 if price will consolidate in pm above the 20eMA and will break the 100sMA at the open. Caution for the very first minutes, moment in which price still didn't really trace a clear trend. 2) In case of price consolidation above 100sMA level only after the first 15 minutes I will trade the breakout of new level of resistance. 3) In both type of scenario for me to enter the trade uprising volumes has to come in breaking the avg volume of the first 3 minutes. Thus RVOL (relative volume) has to be at least above 2. Also if at the opening at least 50k volumes will be already traded and if the pattern will not change I will short: 1) the eventual pm main low level of support if price will fade below the 20eMA, 2) below 154.66 (20eMA) if price fill fade below 100sMA 3) below 157.33 (100sMA) if price will fail the breakout. 4) In any type of scenario for me to enter the trade uprising red volumes has to come in breaking the avg volume of the first 3 minutes. Thus RVOL (relative volume) has to be at least above 2. Have a good trading session!
NYSE:CRM
by Intuitrading
When a technical approach could be worth the try! Hi guys, It is clear that I only trade stocks that are covered by certain parameters and one of those is the presence of a Catalyst supporting the move. But for studying purposes I am back-testing stocks that are at important technical levels to interest quite some institutional traders. TSLA in pm made a nice pop testing the 182 area and that could mean that buyers finally stepped in. TSLA is the most sold stock of last weeks thus a consolidation on new levels such as 182 would be a great bullish signal. In addition the stock broke beautifully the PM highs thus a small entry to test the pm high would have worth the try. The move to 187 has been solid and offered breakouts opportunities to scale in and build up our position up to first take 187. Consolidated at 187 Price kept rising offering other scale in opportunities up to 190 next level of consolidation. Even if grinding slowly higher the stock got to a fantastic 193sh! Simply amazing. A note deserves the volume profile! Simply perfect. At each pullback red volumes have never crossed up the previous main leading green ones and when that happened price respected supports and resistance.
NASDAQ:TSLA
by Intuitrading
CO2 GRO Inc. Blue Sky Breakout!Update to my previous analysis on GROW. I've been following GROW for over a year now, and sp had been stuck in the 0.10-0.30 range. With a close above 0.40 the breakout from previous trading range is evident. Highest share price since their CO2 startup took over, so we are looking at a blue sky breakout. Sustained bullish volume, with good support being built on the way up. Lot's of catalysts coming up for this company, financials end of April with $1.5 mill in cash from warrants in late fall. Aggressive expansion with many new contracts being signed, projected $10mill revenue run rate by end of 2019. Market cap only $27mill. Still an early stage start up with great potential, time ot get in is now.
TSXV:GROWLong
by Unlikely-Bite
ETHUSD - Shiff Spot, or Shweet Spot?ETHUSD Price action may be eyeing a Sweet Spot while looking through the lens of a Mid-Ranged , and Short-Ranged Shiff Pitch Fork . With so many analysts looking at the uptrend line , I decided to do a little digging to keep myself busy. What's so darn important about it? Firstly, current price action looks to be respecting the upper bounds of a Short-Ranged Shiff Fork downtrend , seen more easily on smaller time-frames. With that said, this ' Sweet Spot ', would have to see a considerable move down from its present position to strike it on the head. With such violent swings in crypto , and on display within view here, it's not out of the question. The Sweet Spot , marked here, has interesting confirmation from the Mid-Ranged Resistance Reaction High 1.0 Median Line (that's a mouth full). This resistance turned support has 2 reaction touches on the Short-Ranged move down from $165 High (COINBASE). The Median Line from the Mid-Ranged seemed to support price action handsomely enough for a rally in February, and also timed consolidation at the .618 & .75 Mid-Ranged Lines respectfully. This 'Sweet Spot' coincides with: Resistance turned Support from Mid-Ranged Downtrend Shiff Fork Channel @ the 1.0 Line (2 support reactions) Median Line from Short-Ranged Shiff Fork - Correction from $165 high. December and February Bull Rally Uptrend Line A break up in the short-term may find considerable resistance at the same 1.75 Line of the Mid-Range Downtrend Channel . A break down from here would find a considerable confluence of support at the above mentioned, and would likely result in a break above the short-ranged downtrend channel. My feeling on this matter, is that with price action pinned on the 4H time-frame below the Bollinger Band Medians of both 100 and 200 Periods with StDev 1.25, the move is likely down. But just in case, maybe this illuminates to some breakout points. Good Luck, Traders. May you find yourself on the profitable side of it! ~Harbachan
COINBASE:ETHUSD
by MrJEB
The Ultimate Nasdaq Breakout Trading Plan [10x-100x Potential]I love penny stocks and small caps for so many reasons as a full-time retail trader. I don't wanna advocate it, or get philosophical if blue chips are better or not so let's just talk money. The volatility you observe on small caps are many times far greater than cryptocurrency itself, and it's far less popular, so less manipulation and fewer robots - most of my strategies and indica tors have clearer signals trading small caps. We are talking about a stock that was traded at $1000 and now is at $3.6, that's what I call a good range. The actual price is nothing less than 163% of the 52 weeks lowest low, once again, that's what I call a good range. That said, let's get at it. This is my basic trading setup, the left part of the screen is basically my screeners , I keep track of 20 assets that I previously filter with fundamental and news research. From those 20 filtered assets, it's where TA comes in handy. Spectrum Screener tells me without with one glance what I should look at now without wasting my time analyzing chart by chart. Usually, I pick the 4 best assets and divide my daily trading capital among those 4 positions. The position sizing has a very specific rule, where there are weights based on a grade that I give to each and every trade based on how likely I think that it will be correct. This asset had over $500k in traded volume that tells me I should not trade anything above $5k/daily to be able to enter and exit fast if needed. (1% of total daily volume) Now we know how much I'm trading, I take a look at the bigger timeframe on the lowest right chart(D) - that will give me the overall idea of what is going on and what strategy I'll choose. Once I knew it was a breakout, I picked one of my strategies that I think fitted best and I'm following it. The way I do it is through a smaller timeframe chart, so that gives me more precision with my entry price. The Gray Breakout lines are not aligned at the same price because the D was unprecise and I like to use price lines with high + low / 2. I like how it gives you a better overall idea but it's not really good for final entry/exit prices, you want to use it to understand what you're dealing with and what strategy you should use - lines are great for that, also H+L/2 removes a lot of noise. That said the rest is really self-explanatory. ATM I'm up more than ~+4% and my stop-loss is set for a ~+1.5% profit, I do that to not transfer a winning trade in a loss. By raising my stop-loss I get rid of amateur losses and let me eliminate unnecessary risk. Let's say we get stopped and I'm out with +1.5% profit, there are two scenarios the asset dives down and we avoid a horrible situation or it goes back up. In case it does go back up we already have a minefield of buy-limit orders and even a small order stop-buy order on the stop-loss level just in case we miss the bottom. In this way, we eliminate all the downside and only get in when risk is minimal once again. Now the strategy is pretty simple and we use just a few simple yet robust features from Spectro M . The volume analyzer, Specter Clouds, XConfirmations Reversal Warnings and the classic Spectro Oscillator itself. How I used them is explained and compared in the chart. You can use this similar approach for other breakouts. Also, raise your stop-loss wisely. In this topic, I'll not discuss risk management so pick your favorite protect-profit strategy.
RLong
by spectertrading