consolidation-breakout

LULU has been rising in a trend channel since April. The price recently pulled back to channel support and then consolidated there. On Oct 10 the price broke above the consolidation signaling a long entry. The chart shows two trade scenarios. One is entering when the price breaks above the consolidation. This trade has a 6:1 reward to risk based on the estimated...

____________________________________________________________________________________________________________________________________________ Hello. Today i want to share with you an important and interesting observation which i made with XRPUSD. We are looking on the weekly-time frime. As the cryptocurrency market consolidates and BTCUSD provides some possible...

I gave this consolidation after the first leg down a bit of time to show if the strength of the bear was alive and well. It's been about 20 days since the breakdown happened and I'm convinced we've reached a cycle low of 7.7k which was tested 3 times already. A rally above 8.8k and close would be solidification of the fact. Price action here on the 1H and the...

AUDCAD tried to give one more run to the downside last week but ended up stalling out and landing into consolidation. This area has a strong history of consolidation leading to reversals for the long. Let's see if that's what we are building up to this week. If not, we'll continue down to my next daily SR level and if we break through that, I'll post new...

My opinion after analysis i expecting here from Monday bigger jump i price. The pair is be in consolidation, for now we can see low periodic moves higher, i expecting break and higher push up in price. price is saturadet, AUD one of strongest, USD is start losing power on Friday. Tuesday RBA have Interest Rate Decision which in my op will have positive impact on...

I'm beginning to backtest US30 since its the hot currency pair to trade in my circle. So I'll be posting trades I am currently practicing with all TPs to get adjusted to it. As you notice, I can only trade this thing on the 4hr. moves to fast for me on lower timeframes. Consolidation happened at the monthly high. This is the 2nd time price has visited the...

SPY is consolidating on the 1 hour chart. With recent events - air strikes on Saudi refinery, possible war with Iran, Fed uncertainty, etc - I am leaning towards "option 1." Volume has steadily declined since the start of the consolidation which tells me a break out is soon to occur. The RSI has been trending downwards since before the consolidation, which...

XRPUSD is at a major weekly support level, if you look on the daily it will be easier to see. I was waiting for the market to break out of its Daily consolidation and today it did with Volume supporting the move, this could be the start of the next big rally.

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The Russell ETF could not break out of consolidation, but the other 3 majors did break. The Russell - being the major small cap index - is an indicator of risk. When the Russell is rising, investors are less fearful. When the Russell is falling, investors are cautious ... That's the basic concept anyways. I think this Russell chart is showing that maybe people...

Market Climate: Neutral. Hold. Going-Long. Industry: Internet Services Indicators: None Patterns Identified: Rising Channel Broadening Wedge Facebook stock price has for the better of eight years remained trading within a highly respected bullish rising channel. Similar to other major securities or blue chips currently on the S&P 500 or the Dow Jones,...

So after we made some very good shorts thanks to so many resistances its time to decide if the bears have won. Confirmation for reversal market: 1. If we go below 9950 (Symmetrical triangle) and continue the break to below 9850 2. If volume buying power OBV goes below the last low OBV means the buyers lost their volume 3. We already confirmed all the rejections on...

Hourly Momentum is suggesting that a break is ready to happen today. I will be looking for these indicators to turn south to prove me wrong; they are currently lined up well. Personally, the long was 2924, and at the time of the posting it is too late to enter. Here is some analysis on my twitter feed, and I am now updating it daily!!!...

If you back Things out a bit to Daily Chart there is a Nice looking supply zone sitting a nudge ahead of were price has been lately. We currently are sitting in lower timeframe consolidation. Look out for one last push to this supply area before any sort of major change in Direction. Look for shorting opportunities in this zone w/ s/l buffer above top of zone...

Hello traders, this is my end of week analysis. Weekly and Daily analyze: there will be no fundamental analysis 1. Weekly: Nice bullish pin bar formed 2. Daily - the pin bar formed for open a Long position - what i wanted to say are all on the chart.

BITFINEX:LTCUSD Just some market movement to keep an eye on <3 Draw this up on your charts, consolidation is clear. Simple + clean. Let's see what the market wants to do.

Target has been in a consolidation pattern since June 5th. Bollinger bandwidth confirms consolidation. OBV trend suggests the breakout might be upwards. I would love to see RSI pick up some strength though.

anticipating this move right now, price is still consolidating within the 135.50-137.00 region, however seeing the longer timeframes on the weekly there has been two consecutive Doji candles insinuating that sellers have taken profits, and the market is now accumulating money to reverse. Am expecting the price to pull back towards the trendline, around the...