A symmetrical triangle showed on XAU/USD @ H4. The pattern offers a bullish breakout trading setup. The triangle's borders are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential target level is marked with the green line. I will set my stop-loss to the lowest point of triangle's base.
The double top pattern on the daily chart of GBP/JPY offers a bearish breakout trading opportunity. The tops and the neckline are marked with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level is marked with the green line. Stop-loss is to be set to the high of the breakout bar (not shown on the chart).
A symmetrical triangle is visible on USD/JPY @ H4. The pattern offers a bullish breakout opportunity. The triangle's borders are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential target level is marked with the green line. I will set my stop-loss to the lowest point of triangle's base.
A symmetrical triangle has formed on USOIL @ D1. The pattern offers a bearish breakout trade opportunity. The is bordered with the yellow lines. My potential entry level is marked with the cyan line. My potential target level is marked with the green line. I will set my stop-loss to the high of the breakout candle (not shown).
A symmetrical triangle has formed on EUR/USD @ D1. It offers a bearish breakout opportunity for trading. The triangle itself is marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set the stop-loss to the high of the breakout candle (not shown).
A symmetrical triangle has formed on CAD/CHF @ D1. It offers a bullish breakout trading opportunity. The triangle itself is marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set the stop-loss to the low of the breakout candle (not shown).
A symmetrical triangle has formed on XAU/USD @ H4. It offers a bullish breakout trading opportunity. The triangle is marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set the stop-loss to the low of the breakout candle (not shown).
A bullish pennant has formed on XAU/USD @ H4 and offers an upside breakout trading opportunity. The pennant and its pole are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set the stop-loss to the low of the breakout candle (not shown).
The ascending channel on the daily chart of AUD/NZD presents an opportunity for a bearish breakout short position. The channel'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. The stop-loss level is to be set to the high of the breakout candle (not shown on the chart).
This bullish pennant formed on the GBP/CHF @ D1 offers a bullish breakout opportunity. The pennant and its pole are marked with the yellow lines. My potential entry level is the cyan line. My potential take-profit level is the green line. I will set the stop-loss to the low of the breakout candle (not shown).
A mix of ascending and symmetrical triangle on the W1 chart of GBP/NZD is offering a bullish breakout opportunity. The triangle's borders are marked with the yellow lines. My potential entry is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout bar (not shown on the chart).
The correlation between the Bitcoin price and the broad stock market index rises to high positives and falls to low negatives on a regular basis. Thus it seems impossible to predict the movement of BTC/USD pair based on the stock market performance.
The inverse head-and-shoulders pattern on H4 chart of EUR/USD offers a bullish breakout trading setup. The pattern's borders are shown in the yellow lines. Potential entry is at the cyan line. Potential take-profit is at the green line. Stop-loss is to be set at the low of the breakout bar (not shown on the chart).
The symmetrical triangle on the daily chart of EUR/USD can be used for a bearish trend continuation setup. The pattern's borders are marked with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level is at the green line. I will place my stop-loss to the high of the breakout candle (not shown on the chart).
The bullish pennant on the daily chart of CAD/JPY can be used for trading an upside breakout. The pennant and its pole are marked with the yellow lines. My potential entry level is a the cyan line. My potential take-profit level is at the green line. I will set the stop-loss to the low of the breakout candle (not shown).
This bullish pennant formation on the 4-hour chart of XAU/USD provides a bullish breakout trading opportunity. The pennant and its pole are outlined with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout candle (not shown).
This symmetrical triangle on the 4-hour chart of EUR/AUD offers an opportunity to use upward breakout setup. The pattern's borders are marked with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level is at the green line. My optimal stop-loss is at the low of the breakout candle (not shown on the chart).
BTC/USD broke out to the downside from the sloping symmetrical triangle on its daily chart. Only psychological support levels at 6000, 5500 and 5000 can stop the fall.