A symmetrical triangle has formed on the daily chart of Gold (XAU/USD). Due to being preceded by a downward trend, it provides a bearish breakout opportunity for trading. The triangle's borders 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 my...
This double top on the daily chart of CAD/JPY provides a shorting setup in case of a downward breakout. The pattern's tops and its "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 bullish flag has formed on the D1 chart of GBP/AUD. It offers a buy breakout opportunity for trading. The flag's borders 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 my stop-loss to the low of the breakout candle (not shown on the chart).
The double top formation on the daily chart of NZD/USD offers a sell trading opportunity in case of a downside breakout. The pattern's tops and its "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...
After failing a descending triangle, the double-bottom pattern on the weekly chart of GBP/CAD may produce a bullish breakout trade. The bottoms and the "neckline" are marked with the yellow lines. My potential entry is located at the cyan line. My potential take-profit level is at the green line. I will use the low of the breakout candle as my stop-loss level (not...
A symmetrical triangle has formed on the D1 chart of GBP/AUD. It offers a bullish breakout opportunity for trading. The triangle's borders 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 my stop-loss to the low of the breakout candle (not shown on the chart).
The double top formation on the daily chart of AUD/JPY offers a trading opportunity to enter a short trade following a reversal from an uptrend. The pattern's tops its "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...
A symmetrical triangle has formed on the H4 chart of Palladium. It 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 take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout candle (not shown on the chart).
The ascending triangle formation on the W1 chart of EUR/GBP can be used for an upward breakout trade. 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).
This symmetrical triangle pattern on the H4 chart of GBP/USD offers a bullish breakout trade opportunity. The triangle's borders 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 my stop-loss to the low of the breakout candle (not shown on the chart).
The descending triangle pattern on this weekly chart of GBP/CAD confirms pound's weakness and can be used for a breakout trade. The triangle's borders are marked with the yellow lines. My potential entry is located at the cyan line. My potential take-profit level is at the green line. I use the high of the breakout bar as my stop-loss level (not shown on the chart).
This symmetrical triangle consolidation after a strong bearish wave on the daily chart of XAU/USD offers a breakout trade opportunity. The pattern's borders are marked with the yellow lines. My potential entry point is marked with the cyan line. My target is shown with the green line. I will set my stop-loss to the high of the breakout bar (not shown on the chart).
I am not trading this one. Just showing the wedge forming.
The symmetrical triangle pattern on the D1 chart of GBP/NZD offers a bullish breakout trade opportunity. The triangle's borders 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 my stop-loss order to the low of the breakout candle (not shown on the chart).
The inverted head-and-shoulders pattern on W1 chart of CAD/JPY offers a bullish breakout opportunity. The pattern itself is shown with the yellow lines. Potential entry - cyan line. Potential profit exit - green line.
The ascending triangle pattern on the H4 chart of AUD/NZD offers a potential for a bullish breakout entry. The triangle's borders are marked with the yellow lines. My potential order open level is marked with the cyan line. My potential take-profit level is shown with the green line. I will set the stop-loss order to the low of the breakout candle (not shown on the chart).
This symmetrical triangle at the end of the downtrend on the daily chart of GBP/NZD provides an opportunity for a sell-trade in case of a bearish breakout. The triangle's borders are marked with the yellow lines. My potential entry point is marked with the cyan line. My take-profit level is shown with the green line. I will set my stop-loss to the high of the...
This bearish pennant on the 4-hour chart of EUR/CAD offers an downside breakout trading opportunity. The pennant's body and its pole are marked with the yellow lines. My potential entry point is marked by the cyan line. My potential take-profit level is at the green line. I will set the stop-loss order to the high of the breakout bar (not shown on the chart).