Long Breakout Buy Stop @ 149.40 TP @ 149.95 Short Breakout Sell Stop @ 147.65 TP @ 147.15 This is my own personal opinion concerning this pair. Comment below and tell us what you think will happen. It is great way to learn from one another with your experiences.
Watch for price to move above the .7100 with a break-hook-go on the 15 m chart. Price will move upto the 800 sma or possible 100 sma.
ETH Hi everyone, it's been a while since my last idea as being a buyer of crypto-currency, the last month has not been kind to crypto-currency with the new regulations in China. However, as we enter the final quarter of the year, it seems crypto-currencies are headed for a recovery. A long opportunity has presented itself on Ethereum as it has recently broken...
Range box breakout failed. Pair re-entered range box. Sell Stop @ 131.40. TP @ 130.55
First Sell Stop @ 1.3220 TP @ 1.3170 Second Sell Stop @ 1.3147 TP @ 1.3080 SL above swing high Watch Macd Blue line cross below Red line
Pair has broke long both the top Triangle Trendline and the top of the range box. I am watching to see if the market fails to progress higher and fails. It will fall or move sideways but if price comes back into the range box it will have a strong bearish momentum behind it. I have placed a sell stop @ 1.2978 to catch the fall. My TP is above the 23.6% fib @ 1.2890.
This chart shows projections of possible moves for the GBPJPY 4 H this week. It is currently range bound. Looks like it may drift back to the bottom of the range. There it can bounce back into the range or make a possible breakout short. If a bounce then a move back to the top. At the top of the range box price can 1 - bounce back into the range if the timing for...
Pair has been moving in a range of some time on the 30 m chart. If it breaks out long then we have a day chart in the 132.50 resistance range. My bias is a short breakout.
Pair has been range bound on the 30 m chart for some time. If it breaks long then we have a day resistance level at 132.50 range. My bias is a short breakout.
Here's a breakout reversal play for EURHKD. Price has been locked in a range for months and finally broken out. We want to wait for the price to re-test the support area before going long. Enter long on buy limit order or on buy stop with price action signal. As with any trade, nothing is guaranteed. Size accordingly and manage your risk. Happy trading!
Weekly Range forming Quad/Quintuple Bottom. New Higher Low formed at bottom of range with Bullish engulfing proving momentum.
After a relentless downward move, we see now nome kind of a pullback or pause in the trend. There is still space to go down, for there is a magnet support at 4H timeframe (Blue line) To confirm that the trend has resume, we need to see a strong breakout, and execute within the plan rules. As you can see the price already broke the counter trend line giving us...
MRC attempts to break its range, recent consolidation and far enough oversold area could allow it the breathing air it requires to get there, although a stronger breakout was preferred.
USD/CHF has been trading within a small range for the last couple of days as it struggled to breach the countertrend line. however even though it is still within that range it has again closed below and retested the trend line and is looking like it is picking up some downward momentum with a strong bearish engulfing on the daily chart. a breach of 0.95910 would...
possibly break the range and rally
Hi trader, GBPAUD has been in a strong uptrend for the last two weeks. The breakout of 1.9450 suggests to me that this pair is likely to continue higher into next week. Trend following traders may already be long on the break (if so, well done, now just hold on!). If you have missed it, a more conservative play is to wait for a pullback to the breakout point of...