How to trade breakout Breakout patternsWhat is a level breakout? A large number of orders are located behind the level. Either this is a limit entry order
if the price overcomes the level, or it is a protective order - it is triggered if the price goes out of our way and
overcomes the protective zone in the form of a level
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Marketmaker
DeGRAM | GOLD false breakout? Gold is forming a downward base.
It is trading at a descending strong resistance level and has already made a false breakout.
Gold does not update local tops and cannot break the level up, so I expect the price to drop to support 1764
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DeGRAM | AUDJPY false breakout, Long The instrument went down to the lower border of the channel with a strong fall.
I look forward to a return for the nearest support level and growth to the nearest resistance - 79.58
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DeGRAM | USDJPY growth from levelThe currency pair is in a downtrend, we understand this from the downtrend channel, but a sideways range has also been formed, within which the instrument moves from borders to borders.
Now the price has gone beyond the resistance level and is trying to gain a foothold above this level, after the end of the consolidation,
I expect growth to the nearest resistance
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DeGRAM | EURUSD LongThe Eurodollar has retraced slightly from the lower border of the channel and is trading between the support and resistance of 1.17.
I expect a deeper rollback, therefore, if the price goes beyond the level and consolidates above 1.17, then we can expect an increase to the resistance of 1.175
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DeGRAM | GOLD short from resistanceGold makes a false breakout of the level and consolidates below it.
A strong trending level, relative to which two false breakouts were made earlier, one of which is deep enough, but the trend has not changed.
Since the price is now below the resistance,
I expect a fall from the level to the nearest support 1764
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DeGRAM | GBPUSD short The pound dollar as part of the local downtrend approached the support level during the retest.
A false breakout of the previous level did not give a big result and the price returns.
I think that the support at 1.35 is important for the bears, and I expect a fall to it after the breakout of 1.37
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DeGRAM | EURJPY breakout support. Short The instrument is in a descending price channel, the price fell to the support level.
The level has been tested, a false breakout has been made, but the price does not go up, perhaps there is selling pressure.
I think that if the price goes below the level of 128.3, then we can expect a fall in the price until the next support - 127.3
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DeGRAM | EURUSD rise from the lower boundary of the channelThe instrument has reached the support of the descending channel.
Previously, the level was not broken through, the channel boundaries were clearly observed.
The level was last tested a month ago.
This time, I think that the price will not be able to break it either, at least in the first test.
I'm waiting for the level to be worked out and the price rollback to the nearest resistance - 1.17
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DeGRAM | USDCAD growth from levelThe instrument within the ascending price channel breaks through the local level passing inside this channel and the price is now trading above this level.
I expect a pullback to this support and a rise from 1.257 to resistance 1.27
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DeGRAM | GBPAUD breakout resistance. Long The currency pair still went up beyond the price channel and now the price is squeezed between the strong horizontal resistance at 1.898 and the upper border of the ascending price channel.
I think that the price can press within these boundaries to resistance with its further breakout and growth to the level of 1.91
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DeGRAM | EURUSD pullback to resistance The Eurodollar updated its local minimum and made a false breakout.
am waiting for a pullback from the level of 1.17 to the resistance of 1.175 before the price tries to break through 1.17 and decline to the lower border of the price channel
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DeGRAM | GOLD long from levelGold is redeeming the entire fall, which indicates that there is pressure from buyers on the weakness of sellers. We have broken through the support level and I think that after consolidation above the level, the price may rise to the lower border of the ascending price channel.
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DeGRAM | NZDUSD buy from the lower border of the rangeThe instrument went down to the lower border of the traded range - 0.692.
The market is sideways,
I do not see any hints of a breakout so far, so I expect either a false breakout by dropping 0.692, or a rebound and rise to resistance.
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DeGRAM | GBPJPY short after consolidation The currency pair breaks through the support level and is trading at a moment below this level.
The top 153.46 could not be renewed, it is possible that the trend changes to a downtrend locally, since there is strong selling pressure in the market.
I am waiting for consolidation below the broken support level and the price drop to the level of 150.1
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DeGRAM | EURUSD breakout level. Short The Eurodollar could not go back beyond the strong level.
Anchored under it and began to move down.
Ahead is the support level, relative to which a false breakout was made.
I look forward to a breakdown of this level 1.175 and from it a decline to a local minimum, a distant support level of 1.17
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How to trade breakout. Breakout patterns What is a level breakout? A large number of orders are located behind the level. Either this is a limit entry order
if the price overcomes the level, or it is a protective order - it is triggered if the price goes out of our way and
overcomes the protective zone in the form of a level
-------------------
Share your opinion in the comments and support the idea with Like.
Thanks for your support!
How to trade breakout. Breakout patterns What is a level breakout? A large number of orders are located behind the level. Either this is a limit entry order
if the price overcomes the level, or it is a protective order - it is triggered if the price goes out of our way and
overcomes the protective zone in the form of a level
-------------------
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Thanks for your support!
DeGRAM | GOLD short from level Gold rallied to strong trend resistance.
Having broken through earlier the level from which I expected to fall.
I think that after consolidation under resistance, the price may fall to support 1761
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DeGRAM | AUDUSD breakout downThe currency pair is sandwiched between the downward resistance of the downtrend channel and the horizontal support level.
Local vertices are not updated, a triangle-like pattern is formed.
Price is under pressure from sellers.
I expect a breakdown of the support level of 0.734 and a fall to 0.722
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DeGRAM | BTCUSD keep growing The cryptocurrency continues to grow.
An ascending price channel is forming with weak borders, but they are visible to us.
The price is at the support of the ascending channel and also enters the retest of the previously unbreakable resistance level.
I expect, under pressure from buyers, a breakdown of this level and growth after consolidation above 47500. I expect an increase to 50500.
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