wedgebreakout

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JordanWillson JordanWillson GBPJPY, 240,
GBPJPY: GBPJPY Consolidation
35 0 0
GBPJPY, 240
GBPJPY Consolidation

WAIT for this pair to break the wedge, it's stuck in a consolidation period so hold tight and let it break either way.

dooday123 dooday123 STRATETH, 240, Long ,
STRATETH: STRAT, bullish predictions
13 0 0
STRATETH, 240 Long
STRAT, bullish predictions

STRAT is forming a double bottom pattern with the previous low already being tested and held. It now sits just above the all time low price suggesting a good time to enter. It looks to be in an ABC corrective pattern which I assume will finish with a truncated C due to the previous bottom already being tested A 1:1 extension of wave 1 - 3 predicts a 30% gain. ...

dooday123 dooday123 APPCETH, 180, Long ,
APPCETH: APPC, potential for huge long play
17 0 0
APPCETH, 180 Long
APPC, potential for huge long play

APPC has just broken out of it's falling wedge - completing its correction and forming its first impulse wave up. It now finds itself in a bullish pennant which if broken indicates up to an 80% price increase on a conservative estimate. With a huge alt season coming soon following the bounce of BTC it would be wise to get in early on the alts which have huge ...

crooksy crooksy XAUUSD, 60, Long ,
XAUUSD: rising wedge formation. Any feed back appreciated!
19 0 0
XAUUSD, 60 Long
rising wedge formation. Any feed back appreciated!

Rising wedge with price action hitting near term resistance. Potential to break here, will be going long on a strong breakthrough of resistance.

paulmcguffog paulmcguffog EURCHF, D, Short ,
EURCHF: EUR/CHF Rising Wedge Pattern Break SHORT
100 0 1
EURCHF, D Short
EUR/CHF Rising Wedge Pattern Break SHORT

Broken rising wedge pattern to the downside on EUR/CHF. 50 sma also broken adding to confluence. 1:2 R/R available if traded on a pull back to the broken resistance line. More potential downside if next support is broken and the price falls down to its inception point.

AdrianHenry AdrianHenry LTCBTC, 60, Long ,
LTCBTC: Possible move for LTC to break out of the current wedge
98 0 0
LTCBTC, 60 Long
Possible move for LTC to break out of the current wedge

LTC is currently wedging in with good S/R lines to pivot from to the upside. Will see how it plays out. Volume is also trailing down nicely through the wedge, breakout imminent

ZbigniewMeister ZbigniewMeister POTBTC, 180, Long ,
POTBTC: Potcoin Good Setup for a Breakout (POT/BTC)
168 3 2
POTBTC, 180 Long
Potcoin Good Setup for a Breakout (POT/BTC)

I see Potcoin as having lots of upward movement potential according to elliott wave theory and some fibonacci extension lines. This seems like a very good setup because there is good volume present in the pumps at the waves, including consolidation. Aswell as the shift of trend which become bullish once bouncing of the long term trend line. I expect a pump and a ...

JordanWillson JordanWillson EURJPY, 240,
EURJPY: *EURJPY* Waiting for the POP!
36 0 1
EURJPY, 240
*EURJPY* Waiting for the POP!

Currently EURJPY is sitting in a wedge on a 4 hourly chart, had a bit of a fakeout last night with it breaking and re-entering the wedge. I will be sitting patiently to see where this heads as I will want it to break out of the wedge clearly and begin shifting strongly in a direction before I make any moves on this pair.

kevin-br94 kevin-br94 GBPUSD, 15, Long ,
GBPUSD: testing ideas.
45 0 2
GBPUSD, 15 Long
testing ideas.

If I had taken the trade, would have made 178 pips. practicing patterns and looking at how the chart is reacting to my resistance / support lines. Wedges, triangles, channels, fib levels / retracements. A lot of planning and decision making done. No trades taken, however moving in the right direction on a technical level. I will be working for a trading desk by ...

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