Breakouttrade
Do we have a Huge flag here? At an important S/R???So, here's what I see:
Price is forming lower highs and higher lows. In stocks this is usually a good sign for a breakout to the top. Since I am quite new to cryptos, I'd like to hear what you guys think?
If everything goes as I would read from the chart, then price will soon rocket away with one big push.
For education, I'd be glad to hear your opinions about this analysis! Help me out!
I will enter a small long position here, while price keeps consolidating.
Thank you for your support!
4hr Bull FlagThis chart has been very vertical.. Take a look at the Bull Flag forming on the 4hr chart. 1 to 1 move puts the completion right into a HTF Resistance Zone.
POSITIONAL LONG EIHOTELEI HOTEL ACTUALLY HAD A GREAT RUN FROM 102 LEVELS. AFTER THAT THERE HAS BEEN IN A CONSOLIDATION OR RANGEBOUND PHASE IN THE PAST MONTH OR SO. TODAY IT BROKE OUT WITH VOLUME IF YOU SEE THE CHART. RSI IS ALL SET TO GO ABOVE 70.
IM BUYING AT CURRENT LEVELS OF 139.70-140 AND ABOVE WITH A STOP OF AROUND 130 LEVELS.
TARGET WILL BE ABOVE 170 LEVELS . IL BE TRAILING MY STOPS AS THE STOCK GOES UP.
AUDCAD corrective structure downsideHi Guys, looking for another downside in corrective structure or complete break to downside
Support structure-AUDUSDPrice hitted Daily support area with an oversold RSI. Probably we will see some rebound on this pair till the hourly trend.(0,752 aprox). Then we should wait for a breakout to project the bullish movement till the next maximum level(0,758).
USDCAD Sell the breakoutHello folks, nice trendline play, sell the breakout to lower trendline resistance. gl/
GBPNZD Great Trade in making, watch for breakout of correction.Hello folks, watch for it, It has very high chance of breaking below, I'm seeing everything justifying this breakout it will be big, so look for it, good luck post new ideas soon.
Target almost hit! => +400 PipsAs advised 23/03. breakout out of Feb low price resulted in a sell of right towards the massive support area 107 - 106. Only 1/2 position invested as price never retraced to the 2nd entry. Prepared to take of position at 107.5 and look for long short term entries.
Another +250 Pips potentially to be earned on the pullback out of the above mentioned support area
Potential bullish movement- USDJPYPotential double-bottom pattern. If price stops at the minimum of today we will have some potential bullish movement till the first resistance. Then, if this resistance is broken , the double-bottom pattern will be confirmed and bullish movement will appear till the 4h resistance.
Breakout setup-USDCHFPrice has rejected bearish trend line and broken bullish hourly trend. We can expect bearish movement till the next support level (0,995). Then, if prices breaks that support level, we can extend that bearish movment till next minimum.
NZD/USD 4HR, NEUTRALHi Traders,
NZD/USD PAIR CONSOLIDATING WITHING THE TREND LINES.
Once the price breaks above or below the specified trend lines we can have a direction as to where the market can potentially go to. If we break the Resistance Trend Line the pair will find the next resistance at 0.7044 and if the market decides to go bearish and breaks the Support Trend line, the price will find support at 0.6884.
Good luck.
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Support setup-AUDUSDPrice hitted daily support level. We can expect some rebound in this pair till bearish hourly trend. Then, if price breaks it, we can project it till 61,8 of fibonacci retracement.
GBP/USD NEUTRAL, 4HRGBP USD Consolidating in structure and trend lines, if the price breaks bullish we will be looking to find resistance at 1.2575 and if price breaks bearish we will be looking to find support at 1.2400. Lets wait and see what market decides to do.
USDJPY - Long opportunity06/04/2017 - FX:USDJPY
Daily
The Bullish wedge is signalling a high probability rally. With NFP looming tomorrow there will definitely be some momentum that could potentially strengthen the greenback.
4hr
The 4hr or 1hr timeframe might signal the opportunity to go long and provide a worthwhile Risk to Reward on a break and test. We are trading above 110.00 which has held firm and is another confluence that supports this idea.
There are more confluences and correlations that support this idea that I haven't mentioned.
61,8 fibonacci rejected- AUDUSDPrice has rejected 61,8 fibonacci retracement. Now is testing 1 hour bullish trend. Waiting for a break to go short
AUDUSD ShortRecent higt came off structure level and also 50% retracement, price currently at retst of the trend line now going to wait for the 4hr candle to close and see what formation is presented
USDCAD Expect Big Moves SoonMonthly triangle on USDCAD and it will breakout very soon. Price has failed to close above 1.3500 by 3 monthly candles and march has closed in a doji. Watch for a breakout of the trendline on the weekly chart and a close above 1.3500 on the monthly.
EURUSD SHORTPrice appears to be in a downtrend for the foreseeable future. Price has declined since a bearish pin bar formed off the 200sma in my bearish zone on the daily tf. Price also most recently broke minor support on the daily tf. Hoping for a retest and continuation to get in short to next daily minor support.
Breakout 1H-AUDCADPrice has broken a bullish channel what indicates a good oportunity to go short. Now price is overselled, we must expect some correction(pullback) . Then, we will have one support level to put one of our targets. If price brokes that level, we can expect another bearish movement.
Breakout-EURAUDBreakout of the hourly bullish trend. Now waiting for some pullback to confirm bearish movement till frst support. Then, if breaks, we can project bearish movement till second support.
