Channelbreak
Setting Up for a 2x, 3x, 4x (maybe more)Ramped up Volume - A consistent increase since the first week of January. This is somewhat hidden/deceiving due to the volume spike on the 26th of November.
Heavily Suppressed - One of the few hidden gems to have a true break out since BTC's drop from the $6k support.
Channel Breach - The channels established during BTC's early 2018 have been charted and have held very strong. REQ's price (sats) has not escaped from upward from these channels and the time seems to be nearing.
Targets are marked in Bright Blue
Incase of a BTC drop, I've marked Stop Loss in Red Dashes
If 600 sats breaks, accumulation zone is marked Orange
<--- CAUTION ---> I am a self proclaimed semi-amateur, novice, rookie Charter with little to NO TA experience! :D safe trading
possible Breakout on GBPUSDGBPUSD is on the edge of its channel top..Also dollar seems to be bearish again. looking for a possible breakout... but for confirmation i will enter after break and close on a 4hr chart.
OMXH25 Longing opportunityI see a good chase to long here based just on TA, so dont take as investment advice.
- OMXH25 has broken out of a falling wedge
- It has broken out of the channel
- While breaking out of the channel it formed a bull flag
- MACD Bullish div supports further growth
2017 also saw a drop, but instead of a falling wedge it was a megaphone pattern with bull div and a bull flag.
Speculative pattern would with the current info do the following: 3945 => 4065 => 3920 => 4400 => BIG DROP later in the future.
channel break on NZUSDlonterm channel break on NZDUSD. also dollar seems to be bearish by the grace of mr. trump.
Target .70 (same hight as the channel)..
USD/CAD a Bear in Sheep's Clothing The pair has had quite the week. Since January 2, the Canadian Dollar has been the best performing currency in the world. This comes even with the report of soft economic data on Friday. What surprised me the most was the fact that US non-farm payrolls crushed all expectations, yet the USD still weakened against the CAD. My only explanation is that there was a risk-on mood yesterday, as equities rallied amid the strong US data and news of potential US-China trade talks.
The pair has now sunk below its channel support line from October. It will require further monitoring to see whether it reverts back to its trend or a new trend is forming. On January 1, I had written that the pair should break above 1.36440 before initiating a buy position, due to the resistance that was forming around that level. It never got above there in the new year, and that resistance seems to be the point of reversal in the most recent up-trend. I would advise a wait and see approach now, given that this down-trend may continue, and a new support has not yet formed.
USD/CAD is a Breakout Occurring?Yesterday I wrote how USD/CAD broke above its nearly 3-month resistance channel line on Friday and the possibility of a new trend taking place. This morning USD/CAD actually traded in a narrow horizontal channel, stuck below the 1.3600 psychological resistance line and around 1.3566. That changed this afternoon, when a breakout above that 1.3600 resistance line occurred.
It is now trading above 1.3600, and the previous 3-month resistance upwards channel trend that I mentioned yesterday, seems to be over. This could be the formation of a more bullish up-trend. I think some patience is required over the next two days (Christmas holiday tomorrow) to see if a new support line forms in an up-trend. The market today was testing whether the previous channel would hold, and it appears that it did not, so now we see what's next for the pair!
I welcome any feedback or thoughts. This is a learning process for me and I hope to improve as time goes on!
1st Target 0.66173 2nd Target 0.65103 Target Entry Price 0.68080Enter at Retest: Target Entry Price 0.68080
Exit: 1st Target, Take Profit 0.66173
Exit: 2nd Target, Take Profit 0.65103
Exit: Stop Loss Above The Breakout Candle, 0.68829
Trade Idea: Channel Break
EURUAS 15M CHANNEL BEARISH BREAKOUTPrice in ascending channel and has failed to make a new high
Price may bounce bullish at any of these levels shown
If price continues to fail through the ma levels then
1st Short trade
1st Sell Stop @ 1.1415
If price breaks below both ma levels then
2nd Short trade
2nd Sell Stop @ 1.1390
Sell TP is @ 1.1363
SL as shown
Watch for Mace to confirm direction by crossing below zero line
GBPCHF | Target Price 1.26596 | +3.20RChannel Break for GBPCHF. Wait for retest of the support resistance line.
usdjpy short, channel breaktriple top inside of channel
channel break
let it play out and retest line as it's drawn up
after retest sell and secure about 80 pips
TP around 112.800
USD/CAD Trading IdeaFundamentally, currency rate will move up because OIL price is going down. Canadian dollar depends on Oil prices when it decreases USD/CAD is moving up always.
Technically, Price can break up downward channel because yesterday was powerful Pinbar which stopped all down move.
I will open buy if the price will break up that channel.
Goals: 1-st: 1.3288 2-nd 1.3348
Push like and Subscribe
EUR/USD Long Setup - Breakout of the channel on the H1 showing price structure being taken out and supporting this bullish sentiment.
- Bullish divergence on the H4 using stochastics implying the bearish momentum coming to a halt and that we are in the mist of seeing a reversal after testing the lows of 1.1450.
- Clear rejection of the weekly support level on the D1 with a long legged doji, almost a dragonfly, which we saw yesterday on the daily closure.
- Targeting just above the 1.1600 level to my H4 resistance level with around 115 pips to be gained with a 70 pips stop loss.
Sand P Consolidating near lower trendline: May break upChance the bull will continue soon look how it grinds along the trendline. Dangerous place to short in my humble opine. Just sayin. Good luck!
This post purely educational not advice. Trade at your own risk!
BTC getting closeBTC looking to break out of this channel on the 1H chart and break the resistance (6600/6650).
Waiting for confirmation.
Still learning, what do you guys think?
Bullish on bitcoinExperimenting with the simple regression trend: drawing a point from ATH -0.20% to current price.
Bitcoin -4.07% has more or less obeyed this trend channel and recently in July it has broken above it and stayed above.
Once we head down to 5379 we may see a bounce in order to keep the bullish narrative and have any chance of breaking above the channel.
If we break 5379 we could possibly head into the lower half of the channel.
$ZRX 0x Protocol; Holding position outside channel, moving on upWhile we've watched the boost from recent news fade, it remains to be seen whether 0x has enough momentum to sustain a longer run. Of the projects mentioned, ZRX is virtually guaranteed a spot (in my opinion) on Coinbase due to the fact that the company purchased the protocol several weeks ago. This recent news broke us out of the handle/channel so we'll see if it has enough legs to make more of it. Still a solid LT hold regardless, I'm loading and stashing for a few weeks at minimum. We'll see.
EUR/AUD Technical analysisThe EUR/AUD was in an up channel formation.
The pair has currently broken the channel formation trading below the lower trend line.
As per our analysis,we expect a strong selling pressure in the counter.
WPRBTC signs of breakoutThe asset moves in the descending channel reducing its value. There were bounces from the current level which indicates a formed support. At the moment the bounce can be repeated as indicates Stoch RSI, hence the price will break the channel and in case of consolidation will grow till the upper edge of Ichimoku clouds. If current support do not hold, WPR will continue to decline and the reversal zone will be around 0.00000750.
You can start buying the asset by small parts from the current moment accurately following instructions in the signal.
ETHUSD 1H CHANNEL TRADESETHUSD is in a descending channel.
We have channel breakout trades
We have channel trades
Bottom Day support level is our bearish take profit
Previous resistance level is our bullish take profit
Use your choice for SL
