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Consolidation-breakout

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
Crisil- Long Term BreakoutCrisil is breaking out from a resistance after long long time. Important points to watch out for is spent some time before breaking out & Volume on the breakout candle is impressive. Resistance is being breached after multiple touches which already made it weak. Important Levels:- Entry:- 1910-1950 Sl:- 1790 on closing basis. Target 1- 2030 Target 2- 2140 Happy Trading Cheers. Disclaimer:- I am not SEBI registered. Trade with caution and your own risk. All the levels provided are only for educational purposes.
NSE:CRISILLong
by LearnersParadise
ALGO - Unlikely to go Much Lower. 25% and more Upside potential!ALGO looks to be hitting it's bottom again. We also see a price consolidation occurring. This Bottom Support trend line stretches back to March, and has proven to be a solid trend line. We're also approach the upper trend line from the initial listing on Binance. Seeing a lot of historical correlations all across the market right now and that's a good thing. RSI is over sold MACD just turned bullish. We're below all notable EMA's. Volume has been declining signalling a weakening of downtrend. This combination of signals is bullish. The position being on key resistance with price consolidation containing higher lows on the March trend-line is very bullish. Three possible approaches to entering here: 1. Buy in now and SL below our support. There's enough potential uproom this should fit into most risk/reward strategies. 2. Wait for a breakout from the upper trend line, preferably with a volume increase as the verifying signal. You'll get less profit, but when a breakout happens it carries with it momentum that tends to complete the movement making this less risky. That's not to say it's 100%, nothing is 100%. 3. Wait for a rejection at the upper trend line and potential retest of bottom support. This is the safest approach, but runs the risk of you being to safe and not getting your entry point. You'll be able to see if the retest holds, and if it fails just move on. Additionally you'll likely get a lower price than buying in now, so if you buy in and SL and things go south, your losses will be somewhat controlled. -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. If you don't like it, then leave like but do it with anger; I'll be able to tell the difference. Feedback, criticism and crude humor are welcome 🤙😁
Long
by cryptosince1963
4