Brekout
Perfect retest in play?Hey guys, I have been watching closely the consolidation period that Bitcoin has been moving in the last few weeks.
But after deciding to zoom out, I had a really strange simple thought to widen the channel that I would be making while BTC is in a bearish trend.
After cutting out a few wicks because of certain liquidity events, i see a perfect retest after a breakout of the downward channel and the triangle pattern as well.
If we hold this level, we will be seeing a jump of over 10k in the short to mid-short term.
If we fail to hold and brake back in the channel, the full bearish target is the middle point of the channel which would be an astonishing 10k in the opposite direction, ending at 27000.
Tell me do you agree.
Like, comment, follow.
NFI DYOR
CHEERS!
Another Triangle Forming, Bullish See previous charts, Bollinger bands squeezing, MACD, another triangle forming- will be watching closely for another breakout
Previous price targets reached- Overbought on the RSI, potential symmetrical triangle forming, just some key levels to watch
- - Expecting a recovery from the bottom of this channel, oversold on the EV news
- Might look to add if it finds some support at the 100day SMA
- RSI is in the oversold range
NULSBTC Nice breakout 🦐NULSBTC Nice breakout
According to Plancton strategy, we can set a nice order
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
break out pattern sell trade.After happening breakout, it confirm that it will go down. After reaching TP -1 modify half of your lot size and move stop loss to the entry label. Wait for reaching TP -2. Thank you.
USDNOK - H4 brekout retestTechnical:
- H4 hammer candle -> $ bulls running out of steam
- There was no retest of the H4 breakout
Trading:
-expecting to see a quick T/P or S/L trigger on this trade.
-key risk event in 3 days: NFP
USDHUF: Buy after pivot breakoutWe are buying a pivot breakout at the 60 minutes that is a continuation of a major uptrend at H4.
The stop loss is at the last bottom of the pivot an the target at a 100% fibo expansion.
USDSEK Swing LongUSDSEK Swing Long . Market create long term Double Bottom and Break very important TL on high TF . actuly this market is on Rzone. if Break This R zone Flying UP on Profit Taker Level (Profit Taker R zone).
