This bullish pennant formed on the GBP/CHF @ D1 offers a bullish breakout opportunity. The pennant and its pole are marked with the yellow lines. My potential entry level is the cyan line. My potential take-profit level is the green line. I will set the stop-loss to the low of the breakout candle (not shown).
A mix of ascending and symmetrical triangle on the W1 chart of GBP/NZD is offering a bullish breakout opportunity. The triangle's borders are marked with the yellow lines. My potential entry is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout bar (not shown on the chart).
The correlation between the Bitcoin price and the broad stock market index rises to high positives and falls to low negatives on a regular basis. Thus it seems impossible to predict the movement of BTC/USD pair based on the stock market performance.
The inverse head-and-shoulders pattern on H4 chart of EUR/USD offers a bullish breakout trading setup. The pattern's borders are shown in the yellow lines. Potential entry is at the cyan line. Potential take-profit is at the green line. Stop-loss is to be set at the low of the breakout bar (not shown on the chart).
The symmetrical triangle on the daily chart of EUR/USD can be used for a bearish trend continuation setup. The pattern's borders are marked with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level is at the green line. I will place my stop-loss to the high of the breakout candle (not shown on the chart).
The bullish pennant on the daily chart of CAD/JPY can be used for trading an upside breakout. The pennant and its pole are marked with the yellow lines. My potential entry level is a the cyan line. My potential take-profit level is at the green line. I will set the stop-loss to the low of the breakout candle (not shown).
This bullish pennant formation on the 4-hour chart of XAU/USD provides a bullish breakout trading opportunity. The pennant and its pole are outlined with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout candle (not shown).
This symmetrical triangle on the 4-hour chart of EUR/AUD offers an opportunity to use upward breakout setup. The pattern's borders are marked with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level is at the green line. My optimal stop-loss is at the low of the breakout candle (not shown on the chart).
BTC/USD broke out to the downside from the sloping symmetrical triangle on its daily chart. Only psychological support levels at 6000, 5500 and 5000 can stop the fall.
A symmetrical triangle has formed on the daily chart of Gold (XAU/USD). Due to being preceded by a downward trend, it provides a bearish breakout opportunity for trading. The triangle's borders are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my...
This double top on the daily chart of CAD/JPY provides a shorting setup in case of a downward breakout. The pattern's tops and its "neckline" are marked with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level is marked with the green line. Stop-loss is to be set to the high of the breakout bar (not shown on the chart).
A bullish flag has formed on the D1 chart of GBP/AUD. It offers a buy breakout opportunity for trading. The flag's borders and its pole are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout candle (not shown on the chart).
The double top formation on the daily chart of NZD/USD offers a sell trading opportunity in case of a downside breakout. The pattern's tops and its "neckline" are marked with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level is marked with the green line. Stop-loss is to be set to the high of the breakout bar (not shown...
After failing a descending triangle, the double-bottom pattern on the weekly chart of GBP/CAD may produce a bullish breakout trade. The bottoms and the "neckline" are marked with the yellow lines. My potential entry is located at the cyan line. My potential take-profit level is at the green line. I will use the low of the breakout candle as my stop-loss level (not...
A symmetrical triangle has formed on the D1 chart of GBP/AUD. It offers a bullish breakout opportunity for trading. The triangle's borders are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout candle (not shown on the chart).
The double top formation on the daily chart of AUD/JPY offers a trading opportunity to enter a short trade following a reversal from an uptrend. The pattern's tops its "neckline" are marked with the yellow lines. My potential entry level is at the cyan line. My potential take-profit level is marked with the green line. Stop-loss is to be set to the high of the...
A symmetrical triangle has formed on the H4 chart of Palladium. It offers a bullish breakout opportunity. The triangle's borders are marked with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout candle (not shown on the chart).
The ascending triangle formation on the W1 chart of EUR/GBP can be used for an upward breakout trade. The triangle's borders are marked with the yellow lines. My potential entry is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the low of the breakout bar (not shown on the chart).