consolidation-breakout

We continue to have sideways movement between well established lines of support and resistance. The line of support has been tested 8 times. However, movement downward is running out of steam as evident by the last dip that was unable to reach our support line. So it's no surprise the price is now flirting with a breakthrough of our line of resistance. If this...

Institutions are loading up orders because the average daily volume remains steady (200,000 lots) and the price's range tightens. Setup : BUY after a breakout @ 1.34050 Stop Loss @1.33550 Take Profit @1.35320

USDJPY currently in a consolidation movement. Watch out for fake breakouts!

This commodity is featuring for the first time on our TradingView blogs. Current setup: Gold is currently held in a long period of consolidation but above both the 50 & 200 simple moving averages. Conclusion: We need to wait out this consolidation period and take opportunities once we get a breakout. The pending breakout may be large in size due to the length...

Inside Bar Wait for the breakout.

Market was producing an uptrend, however, market has been failing to break resistance (Wick rejection) There is also visible exhaustion on the bullish momentum and more bears are entering the market Entering into the market can be at turquoise line based on the wick rejection at the bottom Wait for a break and retest of area before entering the market When...

In my previous analysis on gold, the price indeed has rebounded off from the demand zone around 1292 and climbed highest to 1297. However, the rebound was too weak and shallow which may cause the price to pull back and retest the low once again. The price has been consolidating upwards, forming a short-term rising channel which seems to be completed soon. If the...

- Pair broke out of zone of the downside - Currently testing support as resistance - Pair was recently overbought on both RSI and Stochastic Oscillator on 4-hr chart For a safer trade may want to wait until pair tests EMA (25, close) or a strong bearish candlestick closes

Trade Details Provided on Chart.

Staying long, patiently waiting. Protective stops still in play :)

GBPJPY revision after the fantom news Could trade it within the range of consolidation but I'm looking for the breakout and retest on either side of the consolidation. At the moment, price action implies this will move to the downside but, we all know anything could happen. No TPs and entries at the moment but I'll likely revamp this later with an updated version.

Price is in a sideways consolidation Macd is over-bought so I have a Bearish Trade Bias Watch Macd for confirmation of Bearish direction Watch for Bearish breakout of 800 sma Short Trade Sell Stop @ 143.95 Sell Take Profit @ 143.35 Find SL

USDJPY has a strong resistance test for a while making a Bullish Continuation Pennant. The overall structure of the market is going up. Waiting for the resistance to break for a nice move upwards.

The market is under consolidation for couple of hours, it has strong support and resistance so look for opportunity for buy or sell after support/resistance breakdown and retest.

Got in within the ascending triangle. The position is towards the main trend. 1)Stop loss is under the consolidation low. 2)Profit target is around May highs.

AUDJPY has been hovering between the 77.7 and the 78.7 zone. Must the same as most AUD pairs, we have been in a long term down trend, but price action has started showing reversal signs. Upon breaking through the consolidation zone and (if up) the 200 EMA, we have a nice healthy area for a long position. No trade yet - watch for movement out of the consolidation zone

I beleive that the bearish momentum has now been exhausted, and a bullish reversal is likely because the macro level analysis of STRAT BTC shows a clear parabolic, bullish move, followed by a consolidation trend, down to the 0.0002 satoshi level. The 0.0002 satoshi level would be my ideal entry point, however on the smaller time resolutions there are also some...

We can see the impulse move to the downside on the left of the chart, indicated by the first pink arrow. Then there was a consolidation structure formation which completed 5 waves and broke to the downside. This indicates that we are in the second impulse move, indicated by the second pink arrow on the right. Based on the initial impulse length, we can expect a...