Sorry for my bad English, I haven't spoken English for like... months. I hope you enjoy this video <3 -NFA
Box Breakout Volume > Average Stochastic turned from oversold conditions RSI > 65 Buy @ 1760 ( High of previous breakout candle on 8th April 2021) Target 1960 being Height of box
Box Breakout Volume > Average on breakout Stochastic turning from oversold RSI = 55 < 20% Selling wick Breakout after Retracement Buy above 1843
regarding our live trade, as asian market openS, price enters into a consolidation phase. still holding tp moves sl to entry and we have risk free trade baby. CHEERS!
Macro Bias Change on JPY pairs I see a bearish shift to then Yen in 2021. Therefore this setup has now been shifted to a long trade.
GBP/JPY Update - Price may continue lower and break range due to the D.T. - Market makers might start dragging price down instead of letting price hold this level. - Looking Left GJ has been very sideward and ugly, with no real daily trends or momentum bias.
My Thoughts on GBP/JPY - Setting up Similar to AUD of course. price forming a box with price creating a strong resistance. - Looking for an Opportunity on a bearish break of box, with large bearish phase due across all JPY pairs. I want to wish Everybody a Happy New Year. Blessings and Positivity for this Upcoming Trading Year, it's setting up to be a great one.
Since okex withdraw is blocked yesterday, Bitcoin drop sharply almost 200 dollars in 1h. but this kind of negative new doesn't affect too much to Bitcoin, the price has come back to 113xx when the day closed yesterday(still in the box), which will be a bullish sign for the long term market. I expect the break out of the box will happen before week closed, since...
We discussed this market in the weekly trade ideas last week and how price was strangled within a tight range and box pattern. Price has finally broken out of this consolidation and exploded higher. The breakout traders who made this trade would not be sitting on handy profits whilst others could be looking for a second chance entry. If price rotates lower back...
Kotak Bank. Breaking out. Long consolidation. Broke out of box. First possible target 1550 range as marked by line. Stochastic and RSi are as per rules. ATR is still low. Also closed just above last 100 day price range. May explode this week.
Tata Chemicals. Larger green candle with volume break out. Stock above 9 EMA Just waiting to clear the box. But need to watch 338 - 340 levels . Last couple of years seen resistance in that area. SO a breakout above 324.8 for 335 area should be possible. RSI and Stochastic are with rules.
Team breaking out of box and 185 levels. I will enter above 189 keeping 180 as SL for a target 210-214 levels It has taken support at 50EMA. Being within channel it could also be held until channel low is broken. But i am not much fan for holding a long time.
Cameco consolidating, potential box-breakout, jump above $11.10 is a buy... Meanwhile, commodities across the board are bid, CPI surprised to the upside today in the US, crude oil CL2 is right on key resistance as well.
Last week we were watching for a breakout higher . Whilst price did roll out higher, there was very minimal follow through and no explosion that may have been expected. The resistance level that price has just broken through will be an interesting watch this week. With such a little breakout it will be key to see if this level holds as a new support or if...
Hi Guy, As you can see, the FX:EURUSD is stuck in a box since few weeks. The best scenario to buy the pair for a LONGTERM Bullish trend will be if the price get out of the box crossing our favorite 200 EMA line. It will be a big signal for long position . For the moment, we dont know if the price can go lower or if buyers will push it to the top of...
Pure technically this pair is plotting opportunity for box trade - nice break above the box, pullback to its upper area and then shoot up again. But there's always a but. USD PMI on Monday and RBA rates on Wednesday can spoil this nice picture. Put on radar and if there will be time to monitor it closely, execute trade(s). Disclaimer: this idea is solely for my...
ETSY has been consolidating within a standard box pattern for the past several weeks, and has broken out of its initial trend line resistance, ready to test the upper region of the box at 73.50-74. Whether or not it breaks from there remains to be seen, but a test of 74 would yield 3+ points per share. Not a bad return.