RBL Bank - Rectangle breakoutBuy above 195.5
Initial Target Pivot 205.5
A good portion of the body of candle should be above rectangle with a small wick on top.
Height of Rectangle is approximately 32 Rs.
So we can have a target of Rs 26 from breakout.
195.5 + 25 = 220 approx
218 will be safe to exit.
Also 229 is .618 for the fall 308 to 101
Volume need to increase.
Rsi 57
Stoch 76,68
Price is above 9 and 21 day EMA
Rectanglebreak
$FTNT Uptrend intactFTNT broke out of 147 $ range.
Been hitting there a few times.
And holding on to 50EMA support too.
I will now wait for to cross the recent High.
So buy around 153 for a 15 to 18$ target from purchase should be good.
I would like to see a Red to Green bar at breakout with good volume.
Again patience required.
First Solar - Breakout$FSLR
First Solar - nice cup and handle.
Still i will wait for rectangle box breakout
Yesterday good green bar with good volume.
A but above 54.5 high in June.
A good 15 to $ move possible.
A high beta stock.
Falls at same speed as it rises.
Be careful.
One of my personal likes.
Have traded from 20 to 200+ back to 20.
Warning:
Do not get emotionally attacahed top stocks.
EURUSD Long Looking at the 4hour chart of EURUSD, it can be found that an inverted Head and Shoulders is forming as seen drawn on the chart above. This signals very strong bullish movement.
A triangle formation is able to be formed as well in the 4 hour time frame (Not shown here) which corresponds with a bullish movement as it breaks upward from the triangle.
Looking into the smaller time frame (15min), a rectangle pattern has been formed and broken upwards which indicates strong bullish movement.
EURNZD - short continuationI see two possible entry areas - on breakdown, or first pullback somewhere to the red area and then continue down. For the time being this read area is quite large, below 2h and 4h charts make some more sense about entry - bearish Cypher plus rectangle break and retest. Main point of interest for target is 1.66.
2h chart:
4h chart:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
RBOB Gasoline Futures (Jan 2020) - Rectangle in formationNYMEX:RBF2020
Clear rectangle on the January Futures of the RBOB Gasoline.
A breakout could lead to an interesting trend to ride.
When trading commodities and futures contracts you should always take into account the specifications of each contract to calculate exactly how many contracts to buy or sell short on the basis of your risk management and position sizing.
www.cmegroup.com
USD/CAD: Swingtrade-Opportunity BREAKOUT is very likely now!#BuyHey tradomaniacs,
welcome to another free signal!
Important: BREAKOUT is very likely here! Still make sure to stay aware during these volatile days!
For an aggressive entry place a Buy-Stop!
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Type: Swingtrade
Buy-Limit/Buy-Stop: 1.34991
Stop-Loss: 1.34531
Target 1: 1.35429
Target 2: 1.35931
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
GBPJPY D1- Continue Rectangle or Bullish Dragon Pattern?GBPJPY D1- Continue Rectangle or Bullish Dragon Pattern?
Currency Pair: GBP.JPY
Time Frame: Daily
Predicted Direction: Neutral
- Price bounced several times within PCZ
Entry:
I will open Sell if the price will make breakdown of @138.74 (SL = @141.41, TP = @130.59)
I will open Buy if the price will make breakout of @141.41 (SL = @138.74, TP = @148.73)
GBP.JPY updates will be available in the comments section below.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.