breakoutpattern

PateSkpate PateSkpate USDCAD, D, Long , 2 months ago
USDCAD: USDCAD Ascending Triangle Breakout Daily
87 4 7
USDCAD, D Long
USDCAD Ascending Triangle Breakout Daily
USDCAD has been consolidating on the HTF's since May of this year. It has formed an Ascending Triangle Pattern. These typically breakout to the upside. With Friday's close we have finally closed above the Triangle. We could be seeing a major recovery in USDCAD if this pattern plays out as projected. I will be ...
PateSkpate PateSkpate GBPAUD, 60, 2 months ago
GBPAUD: GBPAUD 60min Ascending Triangle
101 0 4
GBPAUD, 60
GBPAUD 60min Ascending Triangle
I just exited my GBPAUD Bear TCT. The reason I exited is because my Trading Plan says all Breakout Patterns take priority over all other types of trades. GBPAUD is forming an Ascending Triangle. Typically these patterns occur after a long heavy downtrend and mark the temporary bottom. There is so much room to the ...
PateSkpate PateSkpate AUDUSD, 240, Long , 2 months ago
AUDUSD: AUDUSD 60min Breakout
92 3 3
AUDUSD, 240 Long
AUDUSD 60min Breakout
AUDUSD has pushed back down into a High Time Frame Support. Since then it has a created a Balance Area inside the support zone. I got long this evening on the pair around the .7500 handle. Its not often I will shoot for really extended targets but I think I have a good shot here being at a HTF Support Zone. The ...
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