consolidation-breakout

1. Fundamental = Buy. 2. Technical = Buy. 3. News/Rumors = Buy.

EURAUD exchange rate for a week is moving in more than 150-pips consolidation, which was formed after setting the maxima at 1.5073. The wider trend remains bullish, but signs of weakening are showing, even in the form of the discussed consolidation. Currently the rate is at the lower limit of this consolidation, which is located at 1.4930. Successful breakdown of ...

FX:USDOLLAR

USDCHF is breaking the 30' box. The top of consolidation was just confirmed by previous candles, and the final target is on the top of a bigger consolidation as seen at 1h. The major resistance zone is 1.00 (big number), which is close to 1:1 risk to reward. If price reach that area I'll bring SL to breakeven.

FX:EURUSD I'm long again on this Bull Flag breakout. The market reading is the same as today earlier, but with a different timeframe and momentum. The actual candle just formed a big Bullish Outside Bar, breaking up the consolidation box and showing the strong up momentum. The day trading relies good part on timing and momentum, it's important we realize that.

After breaking down from a 2 month consolidation. The EURJPY is now returning to the level that at one point proved to be a significant level of support. After the violation we are now looking for this previous level of structure to potentially flip and act as resistance, offering a bearish trading opportunity with a very positive risk reward. On the right of the ...

A buy setup is developing on the AUDCAD but we need a nice break with confirming indicators to get involved.

CADJPY appears to be consolidating near a previous support around 84.82 Watch out for a breakout of the previous low at 84.90 which would open a target at 84.40

At D1 price is near the support zone of consolidation, at H1 there is consolidation. Sell at breakout pullback.

A bearish setup is forming on the USDCAD. Let it prove it wants to go down with price action and confirming indicators.

On hourly chart, the price action breaks out from a consolidation that shall move prices to next resistance level of 865 levels. Target 865 Stoploss: 830

$DUST is the Gold Miners short ETF, looks like it could still have a breakout with a small gap fill, look for an intra breakout tomorrow.

Consolidation structure with high probability of breaking out to the upside

Hi guys; As human nature like simplicity, a long consolidation period due to being the price around 100 is highly possible. It will move up or down but, after a while

At the moment the EUR/GBP favours a slight bearish basis. This is based on its prolonged period of sideward movement and the price heading towards the previous higher high from the last sideward movement (box3). Since mid February the EUR/GBP has had clear support and resistance channels that have been respected. If one of these lines break then expect a bullish ...

Please see annotated chart for details

This is a followup to an idea i posted a few days ago that worked out nicely so far. since i already reduced my risk in the original trade and i still like being long here, i will try to use this setup here to put a little more risk in the market and increase the positionsize that way. so the idea is to buy the breakout from the consolidation (if it breaks to ...

GBPJPY made an amazing sprint this week and might need some rest before attacking the brick wall that is the 162.40 - 164 region. Especially 164 could prove to be strong given price bounced at this level on numerous occasions in the past. On the 4H time frame we see RSI and Stoch being overbought which indicates time for a breather. However, in the Daily chart ...