How to Trade Breakouts in TradingViewBreakout trading is a strategy that aims to capture strong price movements when markets break through key support or resistance levels, often signaling the start of a new trend or continuation move.
What You'll Learn:
Understanding breakouts as price movements beyond established support or resistance levels
How breakouts can occur at horizontal levels, trendlines, or chart patterns like triangles, rectangles, and flags
Why consolidation patterns often precede strong breakout moves
Recognizing the difference between false breakouts and confirmed breakouts
How to use candle closes beyond key levels as confirmation rather than relying on quick spikes
The critical role of volume in validating breakouts and separating real moves from fakeouts
Why expanding ATR during a breakout confirms increasing volatility and momentum
Understanding the break and close entry method for conservative breakout trades
How to scale into positions by entering partially on the break and adding on continuation
Using the pullback entry strategy to trade retests of broken levels as new support or resistance
Setting stop losses using ATR-based methods or placing them beyond consolidation patterns
Calculating profit targets with measured move techniques by projecting pattern heights
How to mark key levels in TradingView using the horizontal line tool from the left toolbar
Drawing trendlines and connecting swing points for pattern recognition
Accessing built-in pattern recognition tools through the Indicators menu
Practical examples using futures charts across multiple timeframes
This tutorial is designed for futures traders, day traders, and swing traders who want to capitalize on momentum moves and volatility expansion using technical breakout strategies.
The methods discussed may help you identify high-probability breakout setups, manage entries with proper confirmation, and set risk-appropriate stops and targets across multiple markets and timeframes.
Learn more about futures trading with TradingView: optimusfutures.com
Disclaimer
There is a substantial risk of loss in futures trading. Past performance is not indicative of future results. Please trade only with risk capital. We are not responsible for any third-party links, comments, or content shared on TradingView. Any opinions, links, or messages posted by users on TradingView do not represent our views or recommendations. Please exercise your own judgment and due diligence when engaging with any external content or user commentary.
This video represents the opinion of Optimus Futures and is intended for educational purposes only. Chart interpretations are presented solely to illustrate objective technical concepts and should not be viewed as predictive of future market behavior. In our opinion, charts are analytical tools, not forecasting instruments.
Fibonacci
Weekly focus list: Dec 15-19Good time of the day, everyone.
I want to introduce a new video format where I’ll be covering the setups I’m tracking for the upcoming week — on both the long and the short side.
Potential swing-long opportunities for this week:
BW - looks the most interesting to me give the nature of the catalyst and consolidation with 3T (tightenings) into 21dEMA
IONS — may have kicked off a new leg higher on Friday
SUPV — shaping up as a possible “cheat” VCP setup
NEO — still looking very constructive
KROS — tight short-term base forming; could work as a continuation set-up
KSS — nice tight action following the post-earnings
INDI — still constructive; low-volume pullback with a 5-day lower low. If it’s going to follow through, this feels like the timing
PRAX — possible delayed reaction setup
SEPN — orderly pullback and consolidation so far; needs a decisive start to the swing (momentum expansion with a close in the top 1/3 of the daily range)
ACHV — similar profile: clean consolidation, but waiting for clear momentum expansion and a strong close to confirm the swing
On swing-shorts watching for follow-through in
SNDK, LUMN, and EOSE (at least for a potential higher-low setup).
Let me know what you think about this new video format, and feel free to share the setups you’re tracking as well.
Wishing everyone a productive and focused trading week ahead
Gold Short: Ended Corrective Move upOver in this analysis, I point out 2 ways that the Gold Elliott waves can be plotted and I went through the breakdowns as well as 2 interesting Fibonacci extensions that both points to where the recent high of Gold ended.
The idea is invalidated at the recent high so stop should be placed above that.
Good luck!
Nikkei Short: Completed Triple Combination (Again)In this video, I discussed the mistake in the previous video, and updated the counts for Wave Z to show the 5-waves structure together with Fibonacci extension. I explained how 1.618x of wave 1 is actually the minimum extension required in order for wave 5 of Z to make a new high.
The stop loss for this idea is above wave Z high and the TP shown is really just a place where we will review the idea. I expect Nikkei to fall to April's low.
Good luck!
$ETH - HTF TA looks Bullish - Structure Still in TactCRYPTOCAP:ETH has had a brutal year in 2025. It barely performed against CRYPTOCAP:BTC and oftentimes we watched Bitcoin sore to new ATH after ATH whilst CRYPTOCAP:ETH lagged behind....
I have a different view for 2026 however. I have been watching this chart daily as I have been leverage trading it. But I believe CRYPTOCAP:ETH will see much more capital rotation this coming year.
I have many personal theories as to why, but let's stick to the data:
HTA (high time frame) TA shows that CRYPTOCAP:ETH is sitting above the .618 fib level on its range for this year. Oftentimes it looks like an asset broke structure by blowing through a key support - but remember a support is just one line. And it is really easy to look at lines and develop thesis from them. But that is not how trading and data truly works.
Its really key to remember the price doesn't go up or down because of traders reading a chart - rather, the chart shows what traders are doing - buying? selling? holding?
I believe the high time frame chart for CRYPTOCAP:ETH to be bullishly in tact. There is also something very key I noticed today (and again you will only notice these micro trends throughout the intraday if you hawk the chart. ETH.D (Ethereum Dominance) is up 2% today! BTC.D at the time of writing this up 0%. However, CRYPTOCAP:BTC is up roughly 5-7%, as is CRYPTOCAP:ETH - so what does this mean?
From chart data alone, it tells us this - buyers bought the dip on BTC and ETH and they are following similar rises in terms of percent, but CRYPTOCAP:ETH just claimed 2% more of the total mcap of crypto, whilst BTC stayed the same. To me this screams - CAPITAL ROTATION!
I am just as bullish on BTC as anyone, trust me. However, you have to follow the data, and I got bad news for maxis - they will be disappointed. The world is going to start literally using defi once the Genius Act is all settled and ready to rock n roll. Do you think they are going to transfer stable coins on BTC network? (I will answer it for you, no). They will most likely utilize ETH blockchain as the primary mover of funds or will make their own chains (the institutions or governments). Either way, ETH has the most stable coin activity, so it will catch a large wave of bullish sentiment from this. Keep this in mind.
Google at record highs but Wave 3 cluster/RSI screams pullback!Alphabet is leading the Magnificent Seven, hitting record highs near $330, while most AI and growth stocks, including Nvidia, have stalled. Since launching Gemini 3 in mid-November and with news of a $4.9 billion Berkshire stake, Alphabet has rallied more than 135% off its April low, outperforming all Big Tech peers in 2025.
But Alphabet is at the 161.8% Fibonacci extension of its long-term move and long-to-medium-term move, which matches a textbook Elliott Wave 3 cluster completion. RSI is at an extreme 83 on the weekly, hinting a Wave 4 pullback to $288 could be next, even as the macro backdrop (Gemini 3 AI buzz, Fed rate cut hopes, and demand for Google’s AI chips from Meta) stays strong. Ultimately, a final Wave 5 could extend up to $380-$400.
Key drivers:
Gemini 3 launch positions Alphabet as an AI leader, topping major multimodal benchmarks.
$4.9B Berkshire stake signals major institutional confidence.
Meta seeks Google’s TPU chips, boosting Alphabet’s AI hardware story while pressuring Nvidia.
Fed rate cut odds above 80% further support growth stocks.
Elliott Wave/technical structure aligns with a potential $288 pullback before any push to $380.
Will Alphabet finally pause after eight explosive months, or does the rally have further to run?
Let us know your view and Elliott Wave count in the comments, and follow for more big-picture, technical-plus-macro trade ideas!
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
Potential Markets Crash incoming: Start of Wave 3In this lengthy video, I go through Gold, Nasdaq, Nikkei 225, and Hang Seng index to explain why I think that the markets are going to crash due to the start of wave 3. I also suggest how we will want to do a size that allows us to hold through wave 3 but still have stop losses in case I am wrong.
Nasdaq Short: Ride the wave 3 of 3 of 3In this video, I updated the Elliott Wave counts for Nasdaq and shows how wave 3 has formed as a series of sub-waves. I also showed that the last wave up (wave 2 of 3 of 3) was stopped at 50% retracement of wave 1 of 3 of 3. So my expectation is that next week we are going to crash in a wave 3 of 3 of 3.
Set the stop for this idea will be above wave 2 of 3 of 3 (around $24,540).
Good luck!
USDJPY breakout: Can the rally extend toward 155?The dollar-yen pair smashed through 150 with one of the strongest breakouts recently, confirming a new technical phase as it trades above the 61.8% Fib retracement. Here’s what’s fuelling the move and what traders should watch next:
Dollar strength returned as safe haven flows dominate, even with a US government shutdown, while Japan’s new prime minister’s dovish signals are sending the yen into freefall.
Key drivers
Safe haven flows : Investors seek shelter in the dollar as global uncertainty rises; DXY index hit a 6-week high.
Yield differentials : The Fed/BOJ spread powers further carry trade buying as Japanese rates remain ultra-low.
Japanese political shift : PM Takaichi’s win spurs fiscal stimulus and pushes back market hopes for BOJ tightening, deepening yen weakness.
Technical breakout : Clean break above multi-year resistance and 61.8% Fibonacci retracement; watch for support validation and continuation toward the next 78.6% Fib at 154.80.
What to watch
Holding above 150 and 61.8% Fib support sets the stage for a bullish continuation.
Profit taking is possible near 153.25–154.80, as RSI shows signs of overbought.
Tonight’s FOMC minutes, Thursday’s BoJ/Ueda speech, and political headlines could trigger sharp moves.
Cross-pair momentum : EURJPY at record highs, GBPJPY surging, confirming broad-based yen weakness.
The bulls are in control as long as USDJPY stays above 151.15–150.50. Pullbacks to support offer opportunities to buy dips, with 154.80 as the next bullish target. Keep stop losses disciplined, and don’t ignore the chance for sharp reversals if intervention or a dramatic shift in sentiment emerges.
For more actionable FX insight, follow ThinkMarkets.
This content is not directed to residents of the EU or UK. Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. ThinkMarkets will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
FINAL TRADE OF THE WEEK: CADJPY Follow-Through ExecutionSetup Analysis:
CADJPY formed a Momentum Low yesterday, followed by a sustained pullback/sideways pattern that established our structural point. This consolidation created the perfect setup for a continuation entry.
Trade Execution:
Entry triggered this afternoon after the break of the internal wave structure, confirming Sellers conviction and follow-through.
Trade Management:
Strong momentum immediately after entry
Target 2 (T2) achieved in under 2 hours
Profit: +50 pips
Exit Decision:
Position closed at T2 after price displayed strong reversal signals. This is mechanical trading—take profits when price action shows the move is exhausted.
Key Lesson:
The best trades are the ones where:
✅ Structure is clear
✅ Entry confirms momentum
✅ Price moves decisively in your favour
✅ You exit with discipline when reversal patterns emerge
This is the WavesOfSuccess methodology in action—patience for setup, precision on entry, discipline on exit.
Result: +50 pips in under 2 hours ✅
Have a blessed weekend! 🙏
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Cable Stages Strong Bullish Reversal - GBPUSD Elliott WaveGBP/USD appears to have reached an important low on November 5 at 1.3010.
Several wave relationships appear in the area and we can make a completed Elliott wave count for wave '2'.
This trend could have reversed higher for the next several months so long as rallies unfold in 5-waves and declines in 3-waves.
Wave 3 of this bullish trend could reach 1.47 and possibly 1.57.
TSLA Short: Completion of Wave BOver in this lengthy video, I shared the big picture of TSLA Elliott Wave counts on a Cycle level using logarithmic chart and showed that it has peaked since Dec 2024. The subsequent move down till Apr 2025 is a Wave A and the move up to 3th Nov is actually the completed wave B. Wave C down is in progress and the ultimate target is $198.66, or if you are more conservative, $200. The stop loss is above the top of wave B.
Good luck!
Joby Aviation - Breakout Complete - ABC Correction Underway
After a strong impulse wave up, the chart is now tracing a predictable ABC corrective pattern.
My suite of Fibonacci tools—especially the critical 0.786 retracement level—points to a likely downside target near $8 for the completion of wave C.
This is a healthy pullback within the larger bullish trend, offering a potential entry for the next leg up.
Tools used Fib/ Anchored Vwap , volume profile and TPO Chart
Joby Aviation Rally Ahead ? Be Mindful of this potential Trap
In this video I recap the original video before looking into what we can expect looking forward .
With the original idea still at play I see the potential for a push back into 18$ zone which would give a 30/40% rally .
I use some historical price action to demonstrate how this rally could lead to a trap or a reclaim of the 18$ level could be a sign of strength.
Opendoor Technologies Big Correction coming ?In this video I explore the recent explosion in the price of Opendoor Technologies .
Still along way off its All time highs but up some 2000% from the past few months alone
I analyse what could be a very key zone to build upon .
Tools used Fibs, VPR, VWAP, TPO Chart






















