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Bullishbreakout

AUD/CAD BULL TAKE OVER? SWING/POSITION OPPORTUNITY Price Action (Technical Analysis): For a a little over 1 week & 1/2 we have been allowing price to accumulate at a highly respected key level of support (Monthly). Weekly bullish hammer was formed at support which indicates us high buyer sensitivity, we are expecting a continuation of buyer waves to enter.. We had price break it's consolidating market with a bullish impulse breaking above & we saw price gradually pull itself back to test structure setting us up to just await an entry confirmation (price action reversal pattern). Exiting reasons would ideally be at our high respected descending trend line. Further analysis will be made as price follows itself to our rally point. Fundamental Analysis: None.
Long
by RiosTrades
Ethereum's path to $500 now firmly set in motion after c&h break Ethereum is now confirming a breakout of a weekly chart bullflag that should take it to at least $366 but more impressive is the cup and handle pattern on he 1 day chart it seems to be triggering at the same time which has a potential breakout target of $499. Now it's true cup and handle breakouts often fall slightly short of their projected target, but there's also several instances where price action far exceeds the projected target as well. Whatever happens I'm definitely long. I feel even if it corrects before $500 it will get there sooner rather than later.
BITSTAMP:ETHUSDLong
by DrDovetail
ETHUSD breaks bullishly up out of falling wedge target= $261 Lots of bullish signals converging at the same time on the ethusd pair right now. First was the golden cross on the 1 day chart that occurred a few weeks back and now appears to be sustained. 2nd we have the bullish breakout of this weekly rising wedge pattern(a pattern that typically breaks bearish). For a bearish pattern to break confidently bullish like this is a very bullish indicator. Our next bullish signal is that the weekly 50 ma(shown here in orange) appears to be holding solidified support. This is clutch...if it can maintain support the $261 price target should be hit with little to no pullbacks. The only cause for concern here is having the stochrsi on both the daily and weekly charts now in the overextended zone..but as we all know on bull runs it can stay over extended for quite some time so thats nothing to be alarmed about just yet.
BITSTAMP:ETHUSDLong
by DrDovetail
GBP/USD Buy we can see price moved 200 pips in 0ne day engulfing 6 days of price action with 2 candles. we can see price reacted to the weeknly zone 1.27254 and making a huge move to the upside. we can also see a rejection of a counter trendline in confluence with the price zone. at this moment wee can see a dible top and the weekly zone 1.33212 and moving down with a lot of momentum to the weekly recistence. price right now is at a daily recistance at 1.30267, mt bias is that rpice can easily break this zone this week do to the massive move to the upside we can also see a minor sopourt and recistance zone on the daily level where we can expect some action =, maeybe a re-test of the zone and finding support. at the 1h we can see a clear break of structure and recistance at the daily level 1.30267. with a bullish bias taking place this will be further confirm with price giving us a candle stick patter to the upside on the minor daily level 1.29176 in confluence with fib point 0.832 marked in grey.
by yahdielo
DHLF: waiting for bullish breakout of Inverse Head & Shoulder DHLF was in range bound or in consolidation from the NOV. 2017 to till date, in that process a DHLF has formed a classic bullish pattern called as Inverse Head and Shoulder Pattern. now price are almost trading on supply side and waiting for breakout out from the neck line of Inverse Head & Shoulder pattern, if breakout occur with follow through , we can see min. target of Rs around 820 to 850 in short time frame of three to four month Trade Setup time frame : Daily Go long above 680 to 690 initial Stop loss Below 640 initial target : 820 to 850
DLong
by chartgola
BTC Equilibrium Until July If you are long this is the only chart you need. BTC has been in the same Equilibrium Pattern for the last few months. We have had a series of Higher Lows and Lower Highs. The pattern is really beginning to tighten as we get closer and closer to a bullish breakout. Volume from the bears is waning as the pattern tightens. I fully expect a breakout in early to mid July. Buying opportunities can be found at the bottom of the trend line, for both BTC and any Alts you may be looking to accumulate. Happy Trading!
BITFINEX:BTCUSDLong
by StatFall
3
Bullish Divergence on 4H BTC ChartHello my fellow traders, as it looks like it might just break out at any moment let's jump right into this idea. Up top is the 4H BITMEX BXBT chart where we are clearly seeing lower lows (in green) yet the RSI, Stoch and MACD are making higher lows (in green) indicating potential bullish divergence. This pattern is to be traded upon successful close above the yellow dotted line which would be the resistance level. *For educational purposes only. NOT financial advice.*
BITMEX:BXBTLong
by stackit
1
CHFJPY Long Trade Setup... Maybe This Time.Hello traders. This is my 4th long trade setup idea. The first idea stopped out with 1% loss, other 2 were canceled because it made lower lows. Now, we have new on. I have an entry order above last top with a stop loss below the last bottom. I'm trying to catch the daily up impulse. It will be a very big wave. The possible target is 123. Hopefully, it will make a bigger correction, before it goes up. So, a trade with the greater risk-to-reward ratio can be found. Please check the related ideas for more details. If you think this is a valid forecast and good trade setup, please hit the like button and share. I appreciate that if you leave a comment and let me know what do you think about this idea. Trade with care...
Long
by WaveAnalysis
SPY Breaks above triangle, suggests continuation higher!After Friday's strong session, SPY has broken above its triangle which suggests a continuation higher towards $286 high's from early Feb. This rally has been on relatively low volume so caution is necessary. Today's Doji candle is concerning but weekly charts look strong. Use options to take bullish bets in this type of markets where options are cheap and you can limit your risk with Call Debit Spreads. Example: SPY April 20 278/289 Call Vertical @ $386. See this trade here: app.optionsplay.com What's your next OptionsPlay?
AMEX:SPYLong
by OptionsPlay
Long Analysis backed by upcoming events-ARN/BTCUpcoming events later this month- Lobbying with Aviation Authorities ; Token integeration ; Pilot and company App public launch. The price action has entered the maturity phase of consolidation with price unable to breach the support(neon green) level. A bit of divergence has been observed in RSI and MFI marked within the vertical lines. A movement from the squeezed bollinger bands may be expected with an increase in volume which may be expected due to upcoming events in the instrument in discussion. Trade may be taken if a bullish break out of the flag occurs. ______________________________________________________________________________________________ DISCLAIMER : THIS IS NOT A FINANCIAL ADVICE BUT THE BEST POSSIBLE PRICE FORECAST ACCORDING TO US. PLEASE DO YOUR OWN RESEARCH BEFORE TAKING ACTIONS. __________________________________________________________________________________________________________________________________________ FOLLOW US HERE : YouTube : www.youtube.com (FOR HINDI/URDU) Telegram : t.me Twitter : Check out Coin Authority (@CoinAuthorityOG): twitter.com STEEMIT : steemit.com Good luck! :)
ALong
by coinauthority_official
NZDCAD: BEARISH CYPHER & DESCENDING TRIANGLE PATTERNS !!!Hello Traders, We recently just got the completion of a bearish Cypher pattern within the consolidation range, which is in the form of a descending triangle. We are getting a better price on the Cypher pattern with reduced risk, which is always good. So the Cypher pattern short trade setup is active now. Also notice that we just got a strong bullish breakout out of the descending triangle that we have been ranging in for the past 14 days. But we need to wait for additional confirmation in order to make sure, that this is NOT a false breakout. If the market can stay above the triangle for good amount of time without falling right back into the ranging triangle, then we can look to trade the breakout long triangle pattern. Notice that the entry of the triangle pattern is within the ranging triangle, so I am expecting some type of pin bar reaction as the market comes back to re-test the breakout level. Thus I am only expecting target #1 of Cypher pattern to be completed before switching to a long position, unless price action gives us some other clues to stay with the Cypher trade. Risk to reward on both patterns is very reasonable, but it can be adjusted based on your own risk tolerance. All targets for both patterns have been labelled on the chart above. Make sure to always focus on the risk that you are willing to take, rather than the reward, it really makes a huge difference in your trading performance and especially in your trading psychology. That’s all I would like to cover for this trade setup. If you guys have any questions or comments about this trade, feel free to write in the comment section located under this description section. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. All The Best :) Follow me on Twitter as well: moneymaking2016 NOTE: The overall major trend is still to the downside, thus I am NOT expecting the long trade setup to be like a home run type of trade, that you can stick with for long period of time. HAPPY GOOD FRIDAY TO EVERYONE IN ADVANCE, ENJOY THE LONG WEEKEND !!!
Short
by moneymaking
ZIOP Long: Alternate Bat and Trendline BreakZIOP has completed an alternate bat pattern. The pattern completion is confluent with a .886 fib level on a higher TF structure low to structure high. A trendline was broken and retested on 12/22, indication of possible upcoming bullish movement at the PRZ. A second trendline was broken today, which may be an opportunity to catch the breakout toward .382CD. Entry is placed at the alternate bat PRZ with target at .382CD and SL below structure lows. Look for heavier volume within the next couple of candles.
ZLong
by glennmercer
AUDJPY: BREAKOUT IN BULLISH FLAG PATTERN, WAITING FOR RETEST 4HRHello Traders, We've been getting several flag patterns lately, mostly in Aussie pairs where the base currency is Aussie. So here we have another valid bullish flag pattern on FX:AUDJPY , where we just got a huge breakout to the upside. This type of breakout was mostly due to the 2 high impact news events that came out yesterday (Nov.11.2015) @ 7:30 pm from Australia. It was the "Employment change" news where the actual value (58.6 K) was significantly higher than the expected value (14.8 K), which might have seemed to cause this huge of a move. See the chart above for more details. NOTE #1: Watch for the key level @ 87.252 could act as good support level !!! NOTE #2: The previously posted valid bearish flag pattern on this pair has been invalidated by the market (Link under the related ideas section) !!! Please feel free to AGREE or DISAGREE with this idea by leaving a comment below. Hit that thumbs up button (top left corner of this chart) if you like the idea. Thank you everyone for all the SUPPORT that you have given me so far, I truly appreciate it. Good luck everyone :) Follow me on Twitter as well: moneymaking2016
Long
by moneymaking