Breakouts
N/J BULL RUNAnother one i forgot but luckily as not moved much and is still in play.
I don't see price going to (E) looking forward to a break-out.
U/J FALLForgot to share this earlier.
The set-up is similar to the A/U one except that it is the inverse
NZDUSD IN SYMMETRICAL TRIANGLE Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis.
As we can see, the pair is inside Symmetrical triangle. One can wait for its breakout.
Let us know your views on this in the comment section. Thank you all.
There is good news for our followers. We will be analyzing on-demand. So let us know which pair you want our analysis on and we will get it for you. Do like and follow us.
Ryan.R..Lopes
U/C FALLHigher TF we in a down trend.
Price broke the lower TF rising channel, and now expecting price to rise to a supply zone as a retest of the break-out, which will result in a possible H&S pattern.
A/U BULL RUNPrice Action says it all.
1.Up trend
2.Break-out
3.Break-out retest
4.Let price/market decide what it does
XAUUSD/ GOLDthis is to be confirmed as seen after a break of structure now we need to wait for the pull back to be confirmed this is looking really clean for more downside at this moment in time but again just be open for price to still move higher and watch how price moves before jumping into a trade what do you guys think with gold ? bullish or bearish ???
ERY LONG position on breakout of downward trendlineAs ERY broke its minor downward trendline and came back down close to a retest, a long position is entered with a tight stop.
Factors leading to the decision:
The small recent downtrend has been broken, then price came back near the trendline to test it
Price has re-attempted the recent high, showing strength
A recent high offers us a place to put a logical technical stop
As always, respect a tight-stop. If it rips up, let it run and trail stops behind.
HESS SHORT potential on trendline breakdownAs HES breaks its minor upward trendline , a short position is entered with a tight stop.
As this trade progresses, longs would will be forced to exit, creating a potential for a steep move down, at least to the trend start around $43
Factors leading to the decision:
Price was rejected trying to make a new high in November, creating a new major downtrend
Medium-term upward trendline broken, so now we look for downward continuation
Very heavy volume on the bar that broke the downtrend
The bad news is there's no recent retracement to tuck a stop above... so the stop on this trade is a big wider than I like, and it will be inside the trend around $62.50
As always, use a tight-stop and if it rips down, let it run and trail stops behind.
NAS LOOKING VERY BEARISH WAITING FOR CLEAR BEARISH REJECTIONS AT THE BROKEN STRUCTURAL LEVEL.
AS OF NOW. I STILL BELIEVE THE BULLS ARE IN CONTROL.
CTVA added to the watchlistCorteva (CTVA) is forming a potential setup. I like the chart, but ideally I want to see the price action contract and consolidate between $33 and $32 (approx.), and the longer it does that the better. I would then want to see the price break above the top of that consolidation. Patterns like this can be very powerful in newly listed stocks, but for me, I need the above conditions to occur before I get involved.
So no trade yet, but will be watching closely over the next month.
GE just like the old GNew year, new me, new G...E the turn around is coming for the company, and Boeing's new 777 plane will look to be a great addition to $GE bottom line. Good breakouts and some solid higher highs are being made in this one.
uc out
Eur/Cad breakout educationalTrading breakouts is not only fun and exiting(whether or not it goes your way) but its a great test to keep yourself engaged and focused on the market, as well as the task at hand which is seeking out retests and confirmations for your next breakout play. In this example we can see this pair with gained strength, since picking up momentum from its move up from the 50% region of the range that it was in and has now crossed above range high. Looks great except for the fact that price has yet to react with the resistance level we had broke on the way up. Without proof or confirmation that the level will turn support it would be reckless to place a trade
Confirmation is KEY If you fail to plan you plan to fail, never trade without a map to success.
Hope this helps somebody out there and please feed back is greatly encouraged.
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<<<
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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.
FOXA smashed through using our B.I.T.S Breakout IndicatorQuick video recap of mega long breakout trade on FOXA using our B.I.T.S Breakout Intelligent Breakout Signals Indicator for TradingView.
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Possible trendline breakout!Hi everyone, i noticed that this ticker has fallen below the strong support dynamic trendline, breaking the support zone level (drawed in purple) clearly telling us that we need to go short ASAP.
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.
