Clear rectangle on the January Futures of the RBOB Gasoline.
A breakout could lead to an interesting trend to ride.
When trading commodities and futures contracts you should always take into account the specifications of each contract to calculate exactly how many contracts to buy or sell short on the basis of your risk management and position...
As you can see after broke the trend line the usdcad currency pair will continue its decline to support 1.28878 this's my analysis about usdcad. Manage your risk for this trade..
FROM ZERO TO HERO TRADING GUIDE
welcome to another free signal!
Important: BREAKOUT is very likely here! Still make sure to stay aware during these volatile days!
For an aggressive entry place a Buy-Stop!
Target 1: 1.35429
Pound has hit previous structure resistance and stalled. Formed a consolidation rectangle.
Looking at it to break consolidation and reverse Bearish. There is Japanese economic news coming up which may provide the necessary momentum to break consolidation.
XAUUSD - H1 - Prediction Bullish Rectangle Pattern @
A trade setup occurs when a price closes outside the trend line after at least two penetrations
on each side of the boundaries. Trades are entered on a follow-up bar at "high above the
breakout bar or "low" below the breakdown bar. Potential Entry Line at @1230.13
Targets in "Rectangle"...
Gold which was moving sideways , finally witnessed a breakout on Oct 11, 2018 to close at 1224. Current target: 1251
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
The pair has broken out above rectangular consolidation, above current daily and weekly tops and outside the 2-4 WW boundary
Looking next to last week range tops @ 78932 then upward to original pattern targets
See original March 1st post for 8hr Wolve Wave targets
This Pair AUDUSD has been in a range. When it breaks lets go ahead and either short it or go long.
Lets do a high risk high reward.
We can do a big lot size on this one as we are have a very tight stop loss with only 10 pips.
I went long on Wheat this morning in my paper account due to my original long commodity thesis. I am actively looking to add more commodity exposure to the portfolio, mainly because that's where I believe the outsized returns will come to home roost. On the weekly charts, wheat has broken through the rectangle pattern that spans back to August of 2017.
I set my...