EURAUD SHORT IDEAHey guys, after the previous bull run, i expect this pair to retest the 1.56567 zone
Breakoutretest
GBPAUD IDEAHey guys, i expect this pair to retest either of the two levels before resuming it's upward move
CADJPY SHORT IDEAHey guys, I'm currently short on this pair. I expect this pair to retest that rectangular shaded area
XAUUSD LONG/SHORT?Hey guys, i expect this pair to retest the highlighted rectangular area before it resumes it's bullish momentum
TATA Steel BSL - Retesting breakout1. Retesting breakout, should sustain above 87.
2. Volume supported move.
3. Levers as mentioned on the chart.
Triple RetestOP Currently retesting the trendline after breakout out - Also testing Top BBand.
If this Holds, 5EMA should catch up by tomorrow, signalling that this short term Uptrend is still going strong.
Friday Gap almost closed, but a complete closing of the gap would be preffered.
Bearish if the retest of the breakout trendline fails.
INFY Breakout retestingI am long on Infy. Results are this week. Buyback is on for discussion at 1550. Retesting of Breakout. Created its own bullish parallel channel. Will add again if prices go above 1460
Learning the break out and retest on XRPNeed some pointers everyone. I wanna get better at this method. I seen it work now just trying it out for myself.
Ebay Next Move 72NASDAQ:EBAY Ebay breakout from its resistance. Buying price 60.10, PT: 71.97 with Stoploss 56.95.
Disclaimer: I"m NOT a financial advisor. All trades idea are shared for educational & entertainment purposes only. All advice is based on technical and my own opinion.
CADJPY MOVE TO A FAKEOUTCADJPY WILL HIT THE RESISTANCE LEVEL AND COME BACK TO HIT A LOWER HIGH THAT WAS A PREVIOUS SUPPORT WHICH WILL PRECEED TO A BREAKOUT TURNING TO A FAKEOUT
BTC: Possible breakout to 37 500$Both -618 fib and uptrend length lead to 37 500$.
I will wait for a brakout then a retest of the zone before taking position.
Happy trading and all the best for this year!
Cheers! XD
EURSGD Breakout From RangeEURSGD Breakout From Range. Retest to level occurred on H1 and H4 Chart. Let's see if retest will occur on Daily Chart.
USDCAD [Potential Long]Price break a long consolidated resistance, now has tested it has support.
Given the resistance was very strong, hope price will try to break it again.
If price come and close below entry point, setup a Buy Stop if price does respect this support holds.
Breakout - Test Highs - Retest - Consolidation - Continuation -Yurlo (please hit that like button if you appreciate the visuals & idea's) 👍👍👍👍
Breakout: August 28th
Test highs: September 1st
Retest of previous support levels where breakout originated from: September 1st - 2nd
Consolidation: UNDER WAY
Continuation: Will likely start to pick up bullish price action after 11600 holds as support.
IMO
NZDUSD [Potential Long Setup]1. Current support level has been tested and confirmed 3 times.
2. Price broke previous range top and coming back to retest the supports, in particular the market support zone.
3. If next couple of hourly candle shows rejections to the upside, will be high potential to make a higher high
4. Eventually, it might go test the high make a double top.
$WMT Sitting at strong support going into ERNYSE:WMT Wal-Mart is sitting at what should be a strong area of support going into its quarterly ER this Thursday. Strictly technically speaking, this is a convergence of multiple supports that should provide a stop to the selling pressure. There is a horizontal former resistance that should turn support, an uptrend support line, and the 125 MA all in a cluster right around the 105 area. In addition to this, there is a strong short term bullish divergence in the RSI. Typically this is an ideal area to look for a bounce, when the price drops, bounces slightly, then drops further than the initial drop. If the RSI from the secondary drop stays quite a bit higher than from the initial drop in my experience this provides a strong indication of reversal. One final note technically speaking is that WMT recently broke out of a consolidation pattern to reach its ATH's, and this drop represents what many like to think of as an ideal entry point--the retest of the breakout area. Add it all up and it looks like the spot where I want to take my chances going long on Wal-Mart, even knowing the headwinds retail has faced across the board. Because of the expectations of retail difficulties, any sort of surprise positive result will likely send this thing flying well past it's ATH's. So, I have bought some shares here at 105.25 (only 5 shares) and have also took a shot with Sep 20th C120 at .17 apiece (5 contracts). Total risked is only just over 600 bucks, with possible returns far far outweighing possible losses at this point. Stop at 102.5, selling options either worthless or at WMT 115 by end of August. Happy hunting and GLTA!!
Buy Now !!!!!!!!!!After reaching TP --1 modify half of your lot size and move stop loss to the entry label. Wait for reaching TP --2 and TP - 3. Thank you.
#BNTBTC #BNT TIME FOR BREAKOUTBNT breakout time very soon. Check the link
Please push the like button and follow me please
GBPJPY revision after the fantom newsGBPJPY revision after the fantom news
Could trade it within the range of consolidation but I'm looking for the breakout and retest on either side of the consolidation. At the moment, price action implies this will move to the downside but, we all know anything could happen. No TPs and entries at the moment but I'll likely revamp this later with an updated version.
Dash completing breakout-retest formation (BULLISH)Dash broke above the 4-month trend line resistance last week. After the breakout occurred, price action comfortably closed above the trend line resistance. In such occasions, the price either moves upside in almost a vertical manner (this happens in strong uptrends) or the price comes back to the crime scene and re-tests the broken resistance, now in the form of a support. This formation is called a Breakout-Retest formation. The way to trade this formation is to enter a trade in the direction of the breakout using the breakout-retest level as your entry price. As you can see on the chart, the price touched the broken trend line and immediately raced higher. A stop should be placed below the trend line. The profit-taking areas can be defined based on your risk management plan. My advice is to have your first profit taking area around 100 DMA level while the second zone is just above consisting of 38.2% and a horizontal block of the resistance.
