Looking good for a breakout to the downside. I generally take profits when the breakout loses momentum and then look for another entry. It is your call whether you wait for the close outside the cloud but I have been in this trade for some time now. Will increase my trade size if the breakout occurs.
Be ready to buy the kumo breakout. Chinkou above price, kijun shows a change in trend. I would place a small buy now then a larger trade after the breakout. I dont use a stop loss, but you could put a stop loss just under 1771 after the breakout and move it up when and if the chinkou breaks through the cloud.
Chinkou above price tk cross, looks ready for a breakout.
I am opening a small short position and increasing my position if the price breaks the kumo.
I have already been short for some time and it looks like it is going much lower, if you want to be cautious watch for ks pointing down and cs going down through price and of course price entering and exiting the cloud for fast and safer gains.
Br ready to buy if the chinkou breaks through the flat top of the cloud but there is big resistance there. Could be some huge upside if it manages to break through which I think it might in the next 10 mins. It has tried various times only to retrace a bit. I got in this trade earlier and made good pips, I am out now and ready to buy again but only if we break...
I bought in on this trade a couple hours ago, the chinkou is now above price and the cloud and we are pulling back so buy very soon. Kinjun is bullish also. It looks like it will have some decent upside potential.
I`m opening a small position on this trade, then when CS breaks into cloud and above cloud will add to my position. CS is above price, KS shows a change in trend, I will keep an eye on the trade and exit with a red HA candle or two.
I got in this trade couple hours ago well after breakout, I would say there will be a pullback then another opportunity to buy. Chinkou above price and now cloud, Kinjun bullish, looks like there could be some decent upside here.
I cant say I have really ever seen anything like this chart so I thought I would post it. This is the type of breakout you want to avoid unless it does finally breakout to the upside. There was a clear breakout from the cloud then a huge drop which if you trade like I do with no stop loss its a good thing to start with small lot size. I am only down us$16 at this...
I only just spotted this trade but it looks like it could be a good breakout. Chikou is above price and in the cloud. If you take a look at the big picture over the last few weeks this looks like it could turn out to be a good gainer.
I dont use a stop loss but I would expect to go to 79 300, but I will use heiken ashi red candle for exit..
I bought in when the chinkou went above price but I am thinking we can see some huge gains here, wait for the breakout if you like but I am in this trade for the long haul.
Chikou has not yet broken out of cloud when it does I expect a decent upside move.
We have a kumo twist just below cloud but I am bullish on this timeframe as weekly and daily are bullish for AUSUSD. See how it pans out, but the current outlook is for a stronger $AU. My stop is around 0.76111. This is my first published idea on trading view. I welcome all comments positive or negative, I will try and publish more ideas as I want some...