breakout

Letting price action settle down as NZD just finished up their election over the past couple days. When the market opened price was at the yellow line (Supply zone) & went up about 130 pips back to the channel top. Could have caught this move but I like to wait for the market settles before trading.. no sweat :D a lot of potential this week all it requires is some ...

Price breaking back up to the upside & is currently at Daily Resistance. A potential pullback is possible & NZD came out very weak so far since the market opened. Price now making higher highs after breaking out of its weekly downtrend line. Watching for a breakout of counter trend line & resistance level before entering long. Keeping my eyes on this pair!

Daily uptrend line still holding, however multiple rejections to resistance have occurred & a potential head on shoulders pattern has taken place. 1.19250 supply zone broken again, & price may break its trend line pushing price back down. Lets see if the euro may be talked down or not. Will be watching for a break & retest if we breakout of the uptrend line. ...

AUD/USD , major downtrend continuation We are waiting for a break below of the chart pattern for entering short

Expecting we break down in price over the next few days. I did not get an ideal entry for this trade. In fact its pretty bad. Ill be taking profits from $3320 down to $3200. If we breakout above the downwards trend line Ill consider FOMOing back in. I think the movements we have seen today has been a bit of a fake out with low volume .

Price broke out of weekly wedge, but never came back to retest. After a rejection to 0.81000 once again, this indicates price is failing to push higher. I believe price will push back down to broken wedge & retest before pushing back up again. Will be watching price action on the lower time frames

The stock is consolidating in a sideways channel after a strong bullish movement. Now the price is on the mid-term bullish trendline. If the price continues higher and breaks the resistance level (987.00), the minimum target is around 1065.00. If the price breaks the trendline and the support it may start a strong bearish movement. The breakout must be confirmed ...

The price is bouncing between the bullish trendline and the resistance and it's creating a triangle. Once it breaks one of those levels it may start a new strong trend. The breakout must be confirmed by very high volume to avoid fakeouts and pullbacks. The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They ...

Short only if break of trend line. 200 EMA acting as Resistance @ weekly zone, watching for a potential breakout this week...

The stock is bouncing between the support and the resistance of this long-term bullish parallel channel. Always pay attention to the bigger picture. The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They are strictly for educational and illustrative purposes.

Pullback before heading down lower.. Watch for break of purple uptrend line & retest for a potential trend reversal..

Long if channel is broken to upside M, SITTING ON 50ema W, CGR1 PIERCED BUT CANDLE NOT CLOSED ABOVE. D, CANDLESTIX GR4D 4HR, POTENTIAL BULLISH FLAG - NO GR4DS 50ema support waiting for CGR4D EMA BOUNCE BREAKOUT

Price still ranging within channel, waiting for a break either direction as DXY (Dollar index) is breaking out higher. Could see a break to the upside & would need to see a retest after, or breakout of the 4 hour channel back down to its recent low.. Patience..!

I expect to see a resolution to consolidation pattern that developed in BTC over the past week. Dependent on whether the breakout is to the upside or the downside, I expect to see either 4120 or 3530 early next week.

The stock has completed a short-term head and shoulders pattern. The price is consolidating and preparing for the next move. It has also broken a support level with high bearish volume and it's going to retest the 110.60 level. If/When the price is gonna swing, the minimum bullish target is around 118. The informations and the strategies discussed are NOT ...

Bearish bias as price rejected to Weekly Resistance & Down trend line as well. Price broke though support, & I believe more downside is to come this upcoming week!

Break though of resistance to end the week, waiting for break higher & bullish engulfing on the 4 hour.. More confirmation needed! Trade with care!

I've learned patience is a very important skill in trading. Will this be the one that finally gives the big sell? Hmmmm! Included are all views on EJ for the last year in the related ideas. It pays to be right and as long as your smart with using a SL and risk/trade management, it doesn't hurt so bad to be wrong