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Breakout-trade

SUSHI anyone? part IILast time I draw SUSHI chart we scored almost 50% in profit. You can find that chart in the link below. SUSHI did double bottom, broke out already from this descending channel it formed. Shall we see a bounce down from this significant former support or we will just push through? In my opinion, we have a nice chance for one more retest before heading up, but it really doesn't matter. If rejected, we could take short trade and take long when bounced from support formed. I do not have to say that this is BTC dependant...
by PhilosophersStone
2
CTK ANOTHER LEG UP?The last CTK idea brought my followers a nice 40% profit. But this won't work if you don't set up your alarms for these levels. Looks like CTK found a local bottom and visited it 3 times... Now under the former support level, spiked nicely with good volume, but looks like that most traders decided to take profit under it. This small consolidation losing volume and could be just a pause before a breakout. If gets rejected, we have nice support for the target to take a SHORT trade. Might take some time, so set an alarm. GL Traders
by PhilosophersStone
BTC BITCOIN CORRECTION BEFORE BOUNCE AND BLASTING LONG OPP!$BTC might drop here in price evaluation due to fall in volume, which may mean reversal. Could see a drop to the 20EMA on the 1hrly (roughly around the 1 on the fib retracement) OR a drop to the YELLOW resistance trend line formed on the daily that we broke through recently. Either way, we could see a retest and then a easy bounce up to around 47k due to lack of visual range volume traded around this range. I will be activating my long around the $41.5k USDT and ride it all the way to the top with 10x leverage and a stop loss of 41k. 🚀🚀🚀🚀
Long
by AKAK2000
Sell signal on gold! On Friday we saw price breaking out of the ascending trendline followed by a nice retest. Then we had a downside impulse that confirmed the reversal. Right now, we expect this downside move to continue. First target will be $1793 and if we see a breakout there we could see even lower values. Make sure to watch out for our analysis so you can see how it goes. The level at which this setup is ruined is $1826! In case we see price closing above it, then that would mean that this downside move doesn't have enough strength to continue and we shouldn't be in short positions. Best entry signal would be a candle with a long wick to the upside or a breakout of previous lows. 👍 Please support this idea with like and comment so we can help more people together. Thank you in advance! 🙏
FX_IDC:XAUUSDShort
by ForexTrendline
31