rangebreakout

Not4Hire Not4Hire CADCHF, W, Long ,
CADCHF: CAD/CHF Long Weekly Quintuple Bottom
9 0 5
CADCHF, W Long
CAD/CHF Long Weekly Quintuple Bottom

Weekly Range forming Quad/Quintuple Bottom. New Higher Low formed at bottom of range with Bullish engulfing proving momentum.

CortesTeam CortesTeam PRO XAUUSD, 60, Short ,
XAUUSD: XAU/USD: RANGE BREAKOUT - 1600 POTENTIAL PIPS
142 0 6
XAUUSD, 60 Short
XAU/USD: RANGE BREAKOUT - 1600 POTENTIAL PIPS

After a relentless downward move, we see now nome kind of a pullback or pause in the trend. There is still space to go down, for there is a magnet support at 4H timeframe (Blue line) To confirm that the trend has resume, we need to see a strong breakout, and execute within the plan rules. As you can see the price already broke the counter trend line giving us ...

Benny.Atia Benny.Atia MRC, W,
MRC: MRC Potential - Shift to trend or back to range?
50 0 1
MRC, W
MRC Potential - Shift to trend or back to range?

MRC attempts to break its range, recent consolidation and far enough oversold area could allow it the breathing air it requires to get there, although a stronger breakout was preferred.

Joe_Keegan Joe_Keegan PRO USDCHF, 240, Short ,
USDCHF: BEARISH CONTINUATION USDCHF
31 0 4
USDCHF, 240 Short
BEARISH CONTINUATION USDCHF

USD/CHF has been trading within a small range for the last couple of days as it struggled to breach the countertrend line. however even though it is still within that range it has again closed below and retested the trend line and is looking like it is picking up some downward momentum with a strong bearish engulfing on the daily chart. a breach of 0.95910 would ...

hankchef hankchef JD, 240, Long ,
JD: JD let's see if it breaks up the range
36 0 2
JD, 240 Long
JD let's see if it breaks up the range

possibly break the range and rally

lukeboland lukeboland PRO GBPAUD, 60, Long ,
GBPAUD: GBPAUD: The Uptrend Continues
38 0 2
GBPAUD, 60 Long
GBPAUD: The Uptrend Continues

Hi trader, GBPAUD has been in a strong uptrend for the last two weeks. The breakout of 1.9450 suggests to me that this pair is likely to continue higher into next week. Trend following traders may already be long on the break (if so, well done, now just hold on!). If you have missed it, a more conservative play is to wait for a pullback to the breakout point of ...

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