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Consolidation-breakout

LONG - WAN - Trading OpportunityNice rounded bottom on its way up, the volume has really settled, showing that consolidation took place. Entry: 0.00002527 StopLoss: 0.00002443 TP 1: 0.00002692 TP 2: 0.00002951 TP 3: 0.00003265 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
Long
by ElMomento
LONG - EOS - Trading OpportunityThe bottom of the daily cloud consolidation, looking like a breakout is coming after BTC takes a break. Entry: 0.0003654 Target 1: 0.0004022 Target 2: 0.0004482 Target 3: 0.0004997 SL: 0.0003456 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
Long
by ElMomento
Possible Bullish ContinuationWe are currently in a big range according to the weekly. But thanks to the big boost from news week, we could possibly bust out this week -- as long as we stay bullish. Since we had a big impulse move Friday, we should have some pullback before continuing up. With price beginning at consolidation, we should prepare for a big impulse move again this week too. BULL TPS: Beginning at 1.45975 • 1.46321 • 1.46612 • 1.47072 • 1.47476 • 1.47935 BEAR TPS: Beginning at the current position • 1.46321 • 1.45975 • 1.45608 • 1.45251
Long
by NikaJourney
EURJPY - High & Tight Flag Potential Breakout PatternOne of the main trading ideas of my radar for the week ahead comes on the EURJPY. Following an impulsive bullish move to start October, we've seen the market create a sideways consolidation pattern. This is a combination that forms what's called a "High & Tight" flag formation and it's one of the most powerful breakout patterns in the market. For me personally the only thing stopping this from being a grade a setup is the fact that if you look left on a higher timeframe you'll notice that we are currently trading AT previous structure resistance where a VIOLATION of would have been ideal. Nonetheless, this is still a good setup in my opinion. In the YouTube video walking you through this idea (Preparing To Trade Breakouts) I share with you 3 ways to attack a breakout pattern, but for the purposes of me simply writing less let's concentrate on entring at the bottom of the channel. On the last test of the channel lows price created a double bottom pattern which essentially means it tested the level twice and held twice before breaking higher. If price were to retest that level once again we'd have something that I like to call a 2618 setup which would provide another reason to get long at the lows. PROS - The benefit of entering at this level as you can probably see is the quality of risk to reward. Not only can you take a conservative initial target at still maintain a close to 2:1 ratio but if you're playing for the breakout as well (or with a partial position) then the opportunity is that much better given the very low risk. CONS - At this point, we have no confirmation that the breakout will happen so it's slightly more risky in comparison to a trader who takes the approach of waiting for a confirmed breakout. I hope you guys enjoyed this trading idea and as always I'd appreciate it if you hit that "like" button as well as share any opinions or analysis that you may have relating to this pair or setup. Have a GREAT WEEKEND Your Trading Coach - Akil
Long
by Akil_Stokes
9
LONG - NULS - Trading OpportunityBeautiful consolidation on a key support, we have been resting above it for the past couple of months and now is looking ready for a leg up. Entry: 0.00004266 TP 1: 0.00004705 TP 2: 0.00005219 TP 3: 0.00005806 SL: 0.00004106 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
Long
by ElMomento
LONG - WAN - Trading OpportunityNice bottom consolidation forming an Adam&Eve, expecting something close the previous high. Entry: 0.00002523 TP 1: 0.00002797 TP 2: 0.00003067 TP 3: 0.00003689 SL: 0.00002378 CryptoCue is not providing investment advice and is not taking subscribers’ personal circumstances into consideration when discussing investments. Investment involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire position. CryptoCue is not registered, licensed or authorized to provide investment advice and is simply providing an opinion, which is given without any liability or reliance 1.71% whatsoever. The information contained here is not an offer or solicitation or recommendation or advice to buy, hold, or sell any security. CryptoCue makes no representation as to the completeness, accuracy or timeliness of the material provided and all information and opinions provided by CryptoCue are subject to change without notice and provided on a non-reliance basis and without acceptance of any liability or responsibility whatsoever or howsoever arising. You hereby irrevocably and unconditionally waive, release and discharge: (a) any and all accrued rights and/or benefits you may have against CryptoCue in respect of any opinion expressed or information conveyed by CryptoCue at any time; (b) any and all Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time; (c) CryptoCue from all and any claims (whether actual or contingent and whether as an employee, office holder or in any other capacity whatsoever) including, without limitation, Claims you may have against CryptoCue arising out of any opinion expressed or information conveyed by CryptoCue at any time. ("Claims" shall include any action, proceeding, claim, demand, judgment or judgment sum of whatsoever nature or howsoever arising.) You hereby agree to indemnify and hold harmless CryptoCue in respect of any and all Losses paid, discharged, sustained or incurred by CryptoCue in the event of bringing any Claim against CryptoCue. (“Losses” shall include any and all liabilities, costs, expenses, damages, fines, impositions or losses (including but not limited to any direct, indirect or consequential losses, loss of profit, loss of earnings , loss of reputation and all interest, penalties and legal costs (calculated on a full indemnity basis) and all other reasonable professional costs and expenses and any associated value-added tax) of whatsoever nature and/or judgement sums (including interest thereon).)
Long
by ElMomento
1
The Break of Bitcoin's Range (BTC)I gave this consolidation after the first leg down a bit of time to show if the strength of the bear was alive and well. It's been about 20 days since the breakdown happened and I'm convinced we've reached a cycle low of 7.7k which was tested 3 times already. A rally above 8.8k and close would be solidification of the fact. Price action here on the 1H and the daily chart of the bear market $3k chop look eerily similar. I suggest whoever views this to look and come to your own conclusion. Liquidity in this range is at the highest it's ever been, a lot of Bitcoin's are exchanging hands here. I'm one of the buyers here for sure.
COINBASE:BTCUSDLong
by DIOR88
1
Lululemon (LULU) moves off Trendline Support and Breaks HigherLULU has been rising in a trend channel since April. The price recently pulled back to channel support and then consolidated there. On Oct 10 the price broke above the consolidation signaling a long entry. The chart shows two trade scenarios. One is entering when the price breaks above the consolidation. This trade has a 6:1 reward to risk based on the estimated exit (top of channel). Spotting the channel and the consolidation would have alerted a trader to be on the lookout for an upside breakout. I posted this on Oct 9 in my free Facebook swing trading group (www.facebook.com). An order could have been placed to enter when the price broke above the consolidation high. The other scenario is a late entry near the closing price on Oct 10. Still a good trade potentially, but the reward:risk drops to about 3:1.
NASDAQ:LULULong
by CoryMitchell-CMT
Consolidating At A Very Strong Level For Possible ReversalAUDCAD tried to give one more run to the downside last week but ended up stalling out and landing into consolidation. This area has a strong history of consolidation leading to reversals for the long. Let's see if that's what we are building up to this week. If not, we'll continue down to my next daily SR level and if we break through that, I'll post new TPS. BULL TPS: 0.89873 0.90242 0.90513 0.90522 0.91362 BEAR TPS: 0.89372 0.89025 0.88893 Will post new Bear TPs if the daily SR level becomes broken.
Long
by NikaJourney
AUDUSD analysis higher chance for reversingMy opinion after analysis i expecting here from Monday bigger jump i price. The pair is be in consolidation, for now we can see low periodic moves higher, i expecting break and higher push up in price. price is saturadet, AUD one of strongest, USD is start losing power on Friday. Tuesday RBA have Interest Rate Decision which in my op will have positive impact on AUD,- will push him higher. ENTRY: 0.67670 TP: 0.68000 SL: 0.67400 If be chance i will upd TP2. Chart time frame - 1D Time for reaching TP - 8 - 72 hours Follow, Like, Share or Comment Thanks on supporting! All best!
by UnknownUnicorn3983388
Will It Return To Monthly High or Keep Sinking?I'm beginning to backtest US30 since its the hot currency pair to trade in my circle. So I'll be posting trades I am currently practicing with all TPs to get adjusted to it. As you notice, I can only trade this thing on the 4hr. moves to fast for me on lower timeframes. Consolidation happened at the monthly high. This is the 2nd time price has visited the area. but let's see this week will we make the drop back down the weekly SR level or will we create a new market high for this pair. Right now, a pullback is due from the breakout it had. From there, we will see where price will go next. BEAR TPS: after pullback 26908 26724 26430 26130 BULL TPS: 27061 27185 27138 27645
FX:US30
by NikaJourney
More SPY consolidationSPY is consolidating on the 1 hour chart. With recent events - air strikes on Saudi refinery, possible war with Iran, Fed uncertainty, etc - I am leaning towards "option 1." Volume has steadily declined since the start of the consolidation which tells me a break out is soon to occur. The RSI has been trending downwards since before the consolidation, which tells me the break-out has a bearish bias. Combine these with all the uncertainty right now, as well as an overpriced market (based on S&P PE ratio), and I believe the break will be to the down side. There is also the problem SPY is having trying to break back above the long-term up-trend. If it breaks below consolidation, I think it's virtually a free fall down to where the initial gap up started. From there, who knows? Maybe the gap will get filled ... I will have to re-evaluate at that time. And, this is all assuming a break to the downside happens. When it breaks (either up or down) I plan on entering an options position.
AMEX:SPYShort
by Bankuur
4
NO BREAK! But SPY, DIA, and QQQ broke...The Russell ETF could not break out of consolidation, but the other 3 majors did break. The Russell - being the major small cap index - is an indicator of risk. When the Russell is rising, investors are less fearful. When the Russell is falling, investors are cautious ... That's the basic concept anyways. I think this Russell chart is showing that maybe people aren't as optimistic as Thursday's rocket ship would have implied. While the 3 biggest indexes broke through strong resistance pretty convincingly, the Russell stayed put ... it tried, but did not succeed. IWM also bounced off its 50 day MA. In addition to that, Friday's close was less than impressive. I'm betting on at least a bearish start to next week, and possibly for the week as a whole. Jerome Powell, yet again, gave no clear-cut direction to the Fed's interest rate plans, leaving the market to wonder what's going on. All economic indications (and technicals) are pointing towards - at the very least - a strong market correction. I think Powell's speech, mixed with the very poor jobs report, put a bad taste in the markets mouth. I bought some TVIX yesterday, because I'm thinking Monday might be a little ugly. Looking at this IWM chart makes me feel even better about my TVIX purchase ... for Monday anyways.
AMEX:IWMShort
by Bankuur
BTCUSD - Key-Levels to watch before break-out! _______________________________________________________________________________________________________________________________________ Hello traders investors and community, today i will have a closer look on Bitcoins price action. We are looking on the 4-hour chart. _______________________________________________________________________________________________________________________________________ As you can see in my chart, BTCUSD is consolidating in a triangle. The consolidation is holding quite long now, normally after such period a break-out will oc- cur, either up or down. In this case the bullish break-out scenario is highly possible. _______________________________________________________________________________________________________________________________________ BTCUSD is trading at around 10600 now after a decent up-move we see a small consolidation. In my chart you can see the support between 9930 - 10100, this is a very important zone for BTCUSD because we bounced there several times in the last days and weeks. It is also an psychological price level, as full numbers like 9000, 10000, 11000 and so on form important price levels for support or resistance. _______________________________________________________________________________________________________________________________________ I am expecting a correction to the range at 9930 - 10100 before an break-out and uphtrust will occur. You can see the upthrust range at 11000 USD, this is the level very many stop-loss will be hit when triggered and a shift up in price-movement. _______________________________________________________________________________________________________________________________________ The correction will be a good spot to open a LONG position, i myself just looking for an entry there. The total first target for this trade will be 12500 - 12750 _______________________________________________________________________________________________________________________________________ Hopefully everybody is doing well with his trades! May all luck come to you friends! I appreciate everybody who takes some seconds to support, more insight will follow! This is only educational information and should not be used to take action in markets. _______________________________________________________________________________________________________________________________________
BITFINEX:BTCUSDLong
by VincePrince
36