Marksans breakout Marksans breakout on weekly time frame. Setup looks good for a strong move upwards. Good volume breakout.
Weeklysetup
Waiting for the pull-back ... ⚡See chart. Horizontal consolidation was broken to the upside. Waiting for a pullback to the breakout level now. If you have any questions - feel free to use the comment section below ...
Fasten your seatbelts⚡Seems like the bullish breakout is finally here. The chart speaks for itself - if I should elaborate on something feel free to use the comment section here ....
Eurgbp bullish & Bearsih scenariosPrice is currently below a strong support line. if price closes above the line I am expecting a bullish response and if it closes below im expecting a bearish move.
There is slight bearish divergence present.
USDJPY - Weekly Chart AnalysisPrice Action: Bullish
Pattern: Asymmetrical triangle + break of all EMA’s
Long-Term Momentum: Bullish
Short-Term: Bearish
Bias: Long
Action: After price tests trend resistance it will most likely bounce. Hopefully it will find support where daily resistance is now. Enter a longer term position here.
Comments: Would like to see bullish momentum continue for next couple of days then correct. I think that this will be healthy for many U.S. pairs as they all have very similar price structures.
AUDNZD - Weekly SetupWe might have found a Bottom on AUDNZD - the Reversals (BlueCandle) are more frequent also the Support Level is holding on leveling up :) overall this Setup on the Weekly is highly profitable giving us a nice equity risk over 4% - personally i don't like such high equityrisks i stay true to max 4%
TP1 area is the yearly Pivot point and Point of Control - a quite good spot to take off ~20-30% off the position
TP2 is our previous weekly Resistance point (red dotted line) so here also 20-30% off
Leaving us with 40-60% of our original position to take away 820.9pips profit!
Once TP1 area is reached move SL higher, once TP2 is reached TP1 is now the SL
