The double bottom pattern on H4 chart of AUDUSD offers an opportunity for a bullish breakout. The pattern's borders are marked with the yellow lines. My potential entry level - the cyan line. My potential exit level - the green line. Stop-loss is to be set to the low of the breakout bar (not shown). More information, chart template, and free expert advisor to...
The descending triangle pattern on H4 chart of CHF/JPY provides an opportunity for a bearish breakout. The pattern's borders are marked with the yellow lines. My potential entry level - the cyan line. My potential exit level - the green line. Stop-loss is to be set to the low of the breakout bar (not shown). More information, chart template, and free EA to...
Went short on USD/RUB based on the consolidation inside the ascending triangle pattern. Entered at 71.1087 with stop-loss at 72.05 and take-profit at 67.12. More info and timely updates: www.earnforex.com
I am setting a buy stop at 67.04, with SL at 65.33 and TP at 71.39. The main reason - high amount of external debt to be repaid in December combined with lows in oil. I will also use ATR-based trailing stop here. More details on the trade and timely updates on its course: www.earnforex.com
The bullish flag pattern on D1 chart of EUR/JPY presents an upswing potential on a breakout. The pattern's pole and flag parts are shown with the yellow lines. My potential entry level is shown with the cyan line. My potential target level is the green line. Stop-loss will be set to the low of the breakout bar (not shown on the chart).
Another ascending channel - this time on H4 chart of USD/CHF. As usually, it represents a potential bearish breakout opportunity. The pattern's borders are shown with the yellow lines. My potential entry level is shown with the cyan line. My potential target level is the green line. Stop-loss will be set to the high of the breakout bar (not shown on the...
The ascending channel pattern on D1 chart of GBP/JPY shows a potential for a bearish breakout. The pattern's borders are shown with the yellow lines. My potential entry level is shown with the cyan line. My potential target level is the green line. Stop-loss will be set to the high of the breakout bar (not shown on the chart). More information, tools, a chart...
The ascending channel pattern on D1 chart of USD/JPY shows a potential for a bearish breakout. The pattern's borders are shown with the yellow lines. My potential entry level is shown with the cyan line. My potential target level is the green line. Stop-loss will be set to the high of the breakout bar (not shown on the chart). The pattern is very similar to what...
The descending channel pattern on D1 chart of EUR/CHF shows a potential for a bullish breakout. The pattern's borders are shown with the yellow lines. My potential entry level is shown with the cyan line. My potential target level is the green line. Stop-loss will be set to the low of the breakout bar (not on the chart). More information, chart template, and...
The bullish flag pattern on D1 chart of USD/JPY shows a potential for a bullish trend continuation. The pattern's pole and flag parts are shown with the yellow lines. My potential entry level is shown with the cyan line. My potential target level is the green line. Stop-loss will be set to the low of the breakout bar (not shown on the chart). More information, a...
The ascending channel pattern on D1 chart of XAU/USD shows potential for a bearish breakout. The pattern's borders are shown with the yellow lines. The potential entry level - with the cyan line. The potential take-profit level - with the green line. Stop-loss is to be set to the high of the breakout bar (not shown). More information, and MT4 chart template on...
The ascending channel pattern on H4 chart of NZD/JPY shows a potential for a bearish breakout. The pattern's borders are marked with the yellow lines. My potential entry level - with cyan line. My potential profit exit level - with green line. Stop-loss is to be set to the high of the breakout bar (not shown). More information, chart template, and free EA to...
The symmetrical triangle pattern on D1 chart of USD/RUB provides an opportunity for a bullish breakout. The pattern's borders are yellow lines. My potential entry level - cyan line. My potential exit level - green line, or gray line if I am feeling too conservative. Stop-loss is to be set on the low of the breakout bar (not shown). More information, chart...
WTI oil is consolidating into a bullish pennant. Upper breakout is likely to be followed by continuation of the bullish wave. Yellow lines show the pattern, cyan line is the entry, green line is the target. Stop-loss can be set to the low of the breakout bar.
The inverted head-and-shoulders pattern on H1 chart of CAD/JPY offers a bullish breakout opportunity. Neckline in the upper yellow line. All parts are well pronounced. Potential entry - cyan line. Potential profit exit - green line. More information, chart template, and free EA to automatically trade this pattern - on www.earnforex.com