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Breakout-strategy

US100 - LONG OPPORTUNITY / BREAKOUT 🚀💰CAPITALCOM:US100 - LONG OPPORTUNITY / BREAKOUT Fundamental: Nasdaq is currently up leading into earnings. Expecting continued growth and a lower PPI data result which will benefit the continued growth of the Nasdaq. Technical Analysis: Market is currently ranging/consolidating on the shorter timeframe until PPI data drops. This is expected on big new releases. Trend: Market is currently on a continued up-trend looking to make higher highs. Only long trades are valid. Strategy: Waiting for PPI data to drop before entering for breakout trade on the 3/5 minute timeframe to the long side. Stop loss just below previous low within the range. Risking 1% of the account size. Let me know if you agree and what your expectations are for the day. 🚀💰
CAPITALCOM:US100Long
by Ryan-L
Breakout trading strategy? BTC TEST! ⚫ I wanted to test if simply using support, resistance, confirmation, and preferably a triangle pattern could predict a breakout of some kind. ⚫ In my last post I tried this with ETH and it worked well. Always adding on. ⚫ Drop me some rep for me to talk in chats :). ⚫ God bless! Except if your atheist... Have a good day in that case. Drop a comment! I forgot to add trend lines sorry. ⚫ I'm currently researching coins for my long term investments although I want and will learn how to day/swing trade. ⚫ DROP A COMMENT! HELP ME OUT!
BYBIT:BTCUSD.P
by UnknownUnicorn16569717
Can EUR/JPY breakout of range @126.040 in tonight's Asian Open?EUR/JPY has been moving in a strong uptrend for the last 24 hours, and has come up to a strong resistance zone @126.120 a few hours ago. From the resistance area @126.120, EJ has rejected and started to move in a sense to the downside, but due to invalid market volume, EJ has found itself in a tight range between 126.040-126.120. The next time volume will come into the market is at 11pm GMT on Asian open which should push EJ further to the downside towards 125.940. If there is a break of 126.040 and a bearish candle closes either at or below this level, then there is a high chance for EJ to continue to the downside. I will update this idea if an entry point becomes valid. Feel free to like this post if you agree with my analysis. Follow me for notifications when I post.👍
Short
by ShaunGadd02
1
EUR/JPY Huge potential for a 65 pip move! Find out why...EUR/JPY has been moving sharply to the downside easily seen on the higher timeframes (Daily and 4H). EJ has broken a major well respected area of support that has been identified on the Daily timeframe and over the course of the last 2 days, the market has retested the break @126.170 as resistance seen clearly on all timeframes. Along with the retest, there is a 3rd touch of the trend line that represents the downtrend, acting as another confirmation to get involved in a sell position. On the 30 min chart, you can see a clear rejection from 126.170. There is also a more minor area of support I have identified on the 30 min chart that the market has broken. There is now a retracement taking place which gives the opportunity to get short @125.960 area. I will keep you guys up to date on this idea, whether I execute or not. Be sure to follow me for notifications on the update of this idea! Feel free to like this post if you agree with my idea!
Short
by ShaunGadd02
GBP/JPY Short Opportunity for a potential of 30 PIPS!!OVERVIEW: Yesterday I called a sell trade on GBP/JPY from 140.900 to target 140.340 which ended up being a 55 pip win! As soon as the target was hit the market has spent the current trading day retesting 140.900 break of support as NEW RESISTANCE. There is now another opportunity to go short on GJ as it is coming up to NYSE open which could bring high volume into the market to move to the downside once more towards 140.390. TECHNICAL ANALYSIS: This is a nice simple market structure set up, if it plays out well this will be a very easy 30 pip win on top of the 55 pip win earlier today. As you can see GBP/JPY has been moving very strongly to the downside starting from last Friday, continuing on towards this current trading week. Earlier on today there was a break of major support at 140.900, now the market is retesting the area as resistance, I need to see a 1 Hour candle close below 140.900 and for the next candle to break below the previous before entering a sell to target 140.390.
Short
by ShaunGadd02
GBP/JPY Potential 55 Pip Sell Position!TECHNICAL ANALYSIS Here is another beautiful set up on GBP/JPY for a potential 55 pip move! As you can see GJ had seen a wide range of consolidation last week which was also a very well respected area of resistance identified on the daily timeframe @142.00. On Friday 15th January, GJ finally broke out of consolidation zone to the downside, aggressively down towards a strong area of support also identified on the daily timeframe @140.900 with little sign of any pullback. This indicates to me that sellers are in complete control of the market at the moment with so much selling volume coming into action, there is a very high chance for the market to continue further down if there is a break of the strong support @140.900. FUNDAMENTAL ANALYSIS Prior to the strong shorts going on with GJ on Friday, the pair had been raging to the upside despite the lockdown measures in the UK which scare to bring dramatic economic effects on the UK's economy. The selling pressure on the pair seems to be arising with COVID-19 cases still at peak levels along with record breaking deaths recently. Along with COVID-19 scares that are adding pressure to GBP, there is also a No-Deal Brexit trade deal between Europe and the UK.
Short
by ShaunGadd02
1
EUR/USD Neutral Decision To Look Out For!!. On the Daily timeframe there is a major area of resistance where the market sold off for a long period of time from this level back in September 2018. . Due to the market reaching the highest highs since 2018, I expect the market to reverse, however there is a possibility price could reach up to the 1.20000 level and the market is just retracing. . As we can see, I have a set-up on the 1H chart where an ascending triangle had formed, the market had broke above the major area of resistance identified on the Daily chart, formed a new high and now the market is moving strongly to the downside, back into this major area of resistance, this could be a retracement and we see a opportunity to get involved in a long position, as we are now at the 78.6% fib level, if we see strong bullish moves, then i will be looking for another break of structure, retest and then enter. . On the other-hand, if the sellers keep control of the market and the level of resistance is respected, then i will look for a break of resistance then a move to test an area of support. From there i will expect the market to retest the area of resistance identified on the Daily chart, i will then expect a break of support and a retest to confirm a shift of support into resistance. If this happens, i will place a sell order from a fib r?etracement. / Comment below if you found this idea helpful, and if you decided to take this trade, did you make profit? :)
by ShaunGadd02
Consolidation around 8000There is a consolidation between the green and orange lines. Watch out for any breakout or breakdown. Price can move in any direction (sometime two-side shadow or long doji candlestick). Also, we have published an impressive strategy that has a good capability to predict the exit direction of the consolidations, presented in the below link: For example, dump from 6k channel consolidation in November of 2018 Or pump from 3k channel consolidation in March of 2019 Or some other lower time frame consolidations For more information you can join us by telegram. Channel address: t.me For getting access to the strategy you can contact us t.me is a telegram.
BITMEX:BTCUSD.P
by DeltaGroup
Short XRP triggeredThe short setup we were looking at in the last XRP post entered us into a short. I'm keep the stop loss at the level the indicator tells me to, to give the market room to move down. Made good profits on the last move XRP had, so even if my stop gets taken out I'm still in large net profit. Which is all that counts :) Wait for overextension signals to move the stop according to the strategy. If you want to try our indicator out, follow us and drop a comment and we’ll get you set up. More information on our indicator can be found below: Like and subscribe if you enjoy our work! Stay calm, and happy trading!
BITFINEX:XRPUSDShort
by DariusZen
XLM Lumen either long or short, we're in both ways!Hi All, Looking at Steller Lumens here. It’s making showing the same pattern as Ripple and BCH we’ve looked at before. A 4HR trend into a daily trend setup, ending in bearish divergence (1). the 4Hr trade is exited as per the overextension and stop loss signal from the indicator, and on the 4 HR we’re looking at another long setup. The trend breakout level is kept at the highest trend breakout level (2), which is the same level as the daily trend breakout. The 4Hr chart could also easily switch to a bearish setup, in that case we take that. The bearish divergence tells us that if we get a bearish setup, and the trade is triggered we have momentum on our sides. Daily Daily has a long setup. We now just wait, we either enter long on the daily, or short on the 4HR! If you want to try our indicator out, follow us and drop a comment and we’ll get you set up. Like and subscribe if you enjoy our work! Stay calm, and happy trading!
BITFINEX:XLMUSD
by DariusZen
4HR XRP long setup failed, will it flip short?The indicator has traded the 4HR nicely, getting in at the blue lines and exiting at the red. We were looking at a new long setup after getting out in our past XRP post, but that setup failed us on this candle. It looks like it will turn into short setup on the next candle or the candle after.. but we have to wait for the indicator to signal us! At the moment I am neutral until the indicator gives me the short setup. Then wait for the breakout level to be hit to enter short. Please like and subscribe if you enjoy our work! If you want to try our indicator out, follow us and drop a comment and we’ll get you set up. Stay calm, and happy trading!
BITFINEX:XRPUSDShort
by DariusZen
Long Setup ETH/USD dailyDaily We have a bullish TK-cross (1) and a setup and breakout level (2). First resistance levels at the flat kumo are (2) and (3). 4HR The 4HR chart gave a long setup (1), but the daily showed no bullish signals yet so we ignored the setup. the Red line (2) is where the daily long setup started. From this point we can look at long entry signals on the 4HR chart. The safe entry would be the break of the daily trend breakout level (3) . The first target is around 234(4). For more information on the ZenTrend Follower indicator please see below: Like and subscribe if you enjoy our work! Stay calm, and happy trading! ZenTrader
BITSTAMP:ETHUSDLong
by DariusZen