GBPCHF Breakout or False Break?Several times the upward movement has not been penetrated by the TL area, it is possible that the next step is likely to experience a breakout.
Breakoutsignal
EURAUD Potential Breakout Trade SetupEURAUD breakout trade on either side, if broke resistance or support. Place TP and SL with buy stop and sell stop orders.
NZDCHF Potential Breakout Trade SetupCurrency pair NZDCHF potential breakout trade, place buy and sell stop orders.
Manage your risk according to account size.
USDCAD Potential Breakout TradeUSDCAD currency pair breakout trade on either side, if broke resistance or support. You can also place buy stop and sell stop orders or wait for breakout.
ETHUSD Potential Breakout Trade SetupETHUSD breakout trade on either side, if broke resistance or support. Place TP and SL with buy stop and sell stop orders.
CADJPY Potential Breakout Trade SetupCurrency pair CADJPY potential breakout trade, place buy and sell stop orders.
AUCHF Potential Breakout Trade SetupPotential breakout trade setup of currency pair AUDCHF.
Manage your risk accordinly!
USDJPY Potential Breakout TradeUSDCAD currency pair moving between the ranges, wait for potential breakout and place your buy and sell stop orders to take breakout trade.
$NU - Uptrend Commencing+14.73% MoM at the moment of editing. But more important than this percentual gain is what this candle represents.
This market had been ranging between the $3.5 & $5.5 thresholds for the past 12 months after a brutal sell off.
This month, after a shy breakout above the 10 EMA (M), this market is trading close to $6, with that proud green candle breaking above the above mentioned resistance threshold, making new high highs and announcing what could be the start of an uptrend.
Noteworthy is the fact that we are barely in the equator or the month, the time frame used for this analysis ... It goes without saying that we need a closed candle in order to draw firmer conclusions.
No less important, despite the curiosity triggered by this breakout, a careful examination of this market tells us that it has heavy overhead supply and also that the upcoming logical target (zone where the odds of the bears stepping in this market increase),entails that a bullish swing trade would have a poor risk to reward ratio ... if of course we place our stop loss in a logical place as well (below the $5.50 threshold - as previous resistance and new support, always with sufficient buffer).
Having this said, now comes the moment when I alert you for the complexity of the world and the financial markets. No Nobel prize, prime trader, financial institution or whatsoever, knows what's going to happen tomorrow. This is a game of probabilities and risk management. If your trade has 60% odds of succeeding (which are actually very good odds), it still means that you ought to expect 4 losses out of every 10 trades in the long run. 4 out of 10 are still pretty significant numbers. Can you really afford to place a bulky share of your capital at this risk? You need to stay alive to allow the good side of the odds to help you out here. So manage risk at all costs and make it your priority.
Cheers,
Tenacious Tribe - Backtested Trading Strategies & Studies
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XAGUSD Potential Breakout Trade SetupSilver now trading in range of 25.5 -27.35, waiting for breakout trade place your buy and sell stop orders and set TP and SL accordingly.
ETHUSD Potential Breakout Trade SetupETHUSD breakout trade on either side, if broke resistance or support. Place TP and SL with buy stop and sell stop orders.
USDJPY Potential Breakout TradePotential Breakout trade on currency pair USDJPY, place Buy Stop and Sell Stop Orders.
Manage your risk accordingly.
{ BIRLA CORP } SWING TRADEswing trade take trade when nifty turns bullish swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
TVS ready to give big move from here Please help me with this pattern name.
Remember to always trade with caution and to carefully consider your risk management strategy before making any trades. Happy trading!
XAUUSD Potential Breakout TradeGold is about to break its range please place buy and sell order to take trade.
Manage your risk accordingly.
EURAUD Potential Breakout SetupEURAUD Potential Breakout Setup trade by using buy and sell stop.
Manage your risk accordingly.
USDCAD Potential Breakout Trade!USDCAD Breakout Setup trade using Buy Stop and Sell Stop.
Manage your risk accordingly!
GBPUSD Potential Breakout Trade SetupGBPUSD in range testing support and reistance, place buy stop and sell stop on either side if it breaks resistance buy stop will trigger and if break support sell stop will trigger.
Manage your risk according to your account size!
