Here is another #rectangle #pricepattern that reached its price target.
1st scenario Sell on Break 0.9286 2nd scenario Sell on High 0.9312 Projection Target 0.9252
Pattern breakout. But i would like the box to cross. Yet a buy could be initiated around 72 as this is a slow beta stock. Going sideways last few days. Not much to write as it is considered a boring stock. and not a traders stock.
Gold futures just tagged its rectangle breakout price target. A decisive break through that level will take gold towards testing its all time high which is just few dollars above! Keep it Simple!
CCJ #rectangle #chartpattern i posted few days ago broke out and reached its pattern price target yesterday. Text book chart pattern trading. Keep it simple.
EURUSD Parallel Channel Target Price 1.14937. Wait for the daily close above channel resistance line.
Boat is about to sail for All-Time High... With SL of 15775.
Hello Everyone! Here we have rectangle pattern with fake brake outs. Again, we have two opportunities for both long&Short positioning. Please be sure, after breaking out pattern, we need more confirmation to take positioning whether up or down side. Please note that the ideas are not a recommendation for trading !Good Luck!
Looking at the 4hour chart of EURUSD, it can be found that an inverted Head and Shoulders is forming as seen drawn on the chart above. This signals very strong bullish movement. A triangle formation is able to be formed as well in the 4 hour time frame (Not shown here) which corresponds with a bullish movement as it breaks upward from the triangle. Looking into...
This Idea made according to three Technical Parameters 1-Break in Parallel Channel 2-Rectangle Pattern 3- Crab Harmonic Pattern it is necessary that told RSI indicates Bullish Trend But it is Clear that Bullish Power is less than bearish Power Like crisis on 2008
The following breakout alert is from my Premium Stock Alerts Service with Macro-Ops.com. Here's the trade: 3% Breakout: $5.26 1.50% Breakout: $5.20 Price Target: $6.32 Stop-Loss at Minor Low: $4.66 Reward/Risk: 2.07 Thanks, Brandon
We looking at a bullish rectangle and a rising trend line formation with major resistance at around 1.30030 and major support at around 1.28030. A break above either of those major levels will drive the pair further in the same direction.
price broke rectangle pattern, waiting for retest...
FOMC Minutes help DXY. EURUSD is stuck in a rectangle Potential Bearish Breakout and the targets as described in the chart.
As you can see after broke the trend line the usdcad currency pair will continue its decline to support 1.28878 this's my analysis about usdcad. Manage your risk for this trade.. Disclaimer On, FROM ZERO TO HERO TRADING GUIDE @ZEROSKI
GBPNZD buy. its in a corrective pattern is will go up. No need for a stoploss but for safety put 20 pips below the line.
(This is an update to one published earlier. The rhombus on this chart is bigger than the one drawn on the previous one) The regular rhombus is a powerful reversal pattern taught by my mentor Rodney Ahenkan (Papa Smurf). I tend to look for it at reversal areas, especially at the pivot lines and support/resistance areas of the RECTANGLE STRATEGY (again as taught...