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Trianglebreakoutpullback

TASI (Macro View)TASI on monthly/weekly time frame shows a huge potential Ranging in Triangle with Breakout in Early 2021, price is about to retest for further upward movement Confluencing with fundamental potentials of Vision 2030. Government focus on Vision 2030 generates a wide range of economic reforms, creating new business opportunities, driving economic growth and diversification. Private investment plays an essential role in realizing Vision 2030. Saudi Arabia aims to achieve 40% to 65% increase in private sector contribution to GDP 0.7% to 5.7% increase in FDI’s contribution to GDP by 2030
TADAWUL:TASILong
by YASIRWA
BTCUSD - D1/H4 - Upside breakout confirmation !D1 : The upside breakout confirmation has been given by the second daily closing above both Mid Bollinger Band (leading indicator !) and Kijun-Sen (Base line). In addition the clear breakout of the downtrend channel gave also additionnal support for further upside calling now for the 55000 area as the first significant target (55072 being the 78.6% Fib ret of the 58354-43021 downside move) ahead of a retest of former high @ 58354 (which is also, roughly the technical target of the triangle pattern, see H4 comments below As we are now in a bullish mode, former resistance cluster (KS and MBB around 50500 becomes the new support area to look at and as long as we stay above this zone and the 50000 psychological level, any downside move should be seen as a consolidation & corrective move in a new bullish trend . Usually after a breakout we should see a pullback towards the breakout area and which should be used, if seen as a good opportunity to get in in putting tight stop loss below 50000 H4 : The scenario A (BULLISH) won the battle ! Indeed, recent price action is showing a clear triangle upside breakout targeting 58058 ! Nevertheless, even if the indicators are pointing to the North, it is likely to see some consolidation which should, as mentioned above in D1, be seen as a corrective move only and used as a better opportunity to get in. See development on H1 and M15 to get intermediate signal (s)
BITSTAMP:BTCUSD
by Ironman8848
1
GOLD/USD confluence: Retesting the local triangle upsideGOLD/USD Long position after confluence, Triangle breakoutPullback: retesting the local triangle upside: Short-term analysis - GOLD Long position: Confluence rejection: Breakout & Retesting the global Trend-line (99%) As we can realize that GOLD had succeded to breakout the globale triangle pattern after many rejections at the weekly upside of the triangle, it was expected to retest thatTrend what contains now (and before) many pending orders ... to continue at the upside till the 1721 zone and then to the 1736 and so on. ** GOLD has proved now that it have more liquidity to go up for 1736 and the monthly globale UPRANGE! **Instructions: - Always wait for a reversal signal or confirmation before take any trade. - This is an idea to help you make a decision.
OANDA:XAUUSDLong
by MarjaniFX
USD/SEK BUY SIGNAL Hey tradomaniacs, welcome to another free trade-plan. Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation. Market-Buy-Order: 10,01315 Stop-Loss: 9,83750 Target 1: 10,20400 Target 2: 10,32330 Target 3: 10,44300 Stop-Loss: 750 pips Risk: 1-2% Risk-Reward: 2,45 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Long
by Trading2ez
2
USD/TRY: Swing-Setup! Nice chance to follow the TREND!Hey tradomaniacs, welcome to another free signal! Important: Wait for the retracement and sell after we`ve bounced off the red zone! ----------------------------- Type: Swingtrade Sell-Limit: 5,319 Stop-Loss: 5,36961 Target 1: 5,25308 Target 2: 5,22 Targt 3: 5,17610 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
5