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Bullishbreakout

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