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Consolidation-breakout

Break at GBPUSD (TP - 100p)In the last 2 weeks GBPUSD has been moving in the range of 100 pips - from 1.3290 to 1.3390. Yesterday we saw a break in the upper limit. This means that at the moment the buyers have beaten the sellers and they will determine the direction. The next resistance levels are 1.3465 and 1.3515. A test of the zone is possible, but going back into it and falling below the previous bottom will spoil this scenario. If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
Long
by ForexTrendline
1
We expect a break at AUDJPYFollowing the uptrend in November, AUDJPY entered the H1 range. The break will allow you to enter a trade. The previous upward trend suggests that we are more likely to see a break in resistance, but pre-entries will be risky. Wait for the price to close outside the range and then look for an entry in this trade! Resistances: 77.35 77.52 77.86 Support 76.13 75.56 If you have questions about how to trade this or another situation, contact us! To support us, like and comment!
by ForexTrendline
Apple/ AAPL ConsolidatingApple had a recent 4:1 split. It looks to be absorbing the buying frenzy that took place before the split. (Tesla split on the same day and looks similar but finally had a catalyst that propelled it upward. ) Apple is consolidating. The breakout from this tight trading range would be 121.99. There is overhead resistance around 127 & 138. I would be adding more as it cleared these levels for a long-term position. my current stop 112.35 This is an opinion. Not investment advice.
NASDAQ:AAPLLong
by Tea-Trades
GBPUSD - Keep Thinking PositiveWhat a week! Continual weakening on the TVC:DXY which caused my gold trade to fly through the roof at 320 Pips profit! Ive been thinking a massive economic reversal will be approaching since the lows in March due to the start of the UK's lockdown. My GBPUSD long positions have been consistently benefitting of this as I've been picking up long positions in the dips and buying up. Let's see if the next resistance level is hit after a break in the repeated consolditaion zone.
Long
by danielbtrading
4
Sell Limit EURGBPThe FX:EURGBP has broken out of a strong bearish trendline on the 31st of July and retested it on the 10th of September. Indication bearish movement to follow. The pair has been in a choppy bearish movement since. The double top with a higher low also gives further indication to a bearish movement. As the pair has reached a bit of consolidation at resistance level 0.91000 it is therefore expected to be exhausted an return into a bullish movement. But as this has clearly given more indication of a strong bearish trend we will therefore rather see a larger bearish move in the future Sell Limit TP : 0,88830 SL : 0,91600 Price : 0,91080 Profit factor : 4,12
Short
by OT_Forex