EURAUD LONG TRADE ON H1Took a long trade on this pair after it broke tl with targets marked on the chart.
Breakoutzone
Cypher Pattern forming alongside a double topFolks...
If the price breaks and closes above the price range, then we have an uptrend.
Probable factor is that it will stay below the green line and takes it as a resistance and continue with the cypher pattern.
If the price holds the same signature as portrayed, then we have a winning trade., good luck,
Regards,
Hearty
FOSL Clean technical formationVery clean ascending triangle pattern for potential breakout and gap close.
Careful, earnings tomorrow after market close.
Keep it simple, and focus on the process
Twitter: @Jeanc680
Jean
Possible moves on goldMy opinion on gold is
1. It would make a good buy position now, and
2. it makes a good hedge for a portfolio.
The reason I think it has upside potential is due to the dwindling investor sentiment in central banks' ability to drive inflation through monetary policy. For this reason, I think that the coming few quarters will see investors buying into gold as both a safe haven and a portfolio hedge.
This triangle could be a good start to further upward movement.
BUY THE BREAKOUT. POTENTIAL SHORTTERM LONG ON CRUDE OILPrice came back into structure level and formed a steep wedge formation. Potential buying opportunity for break-out traders.
Greets
Felix
Website: www.ogtpartners.com
Twitter: goo.gl
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Two in One - Breakout of a Downtrend and an Inverted H&STarget is predicted at 0.80500 = 500 pips. Good Luck!
An Analysis : Awaiting Breakout in HDFCBANKHDFCBANK is forming a perfect descending triangle pattern over last 3-4 months and desperately need a breakout from the pattern.
Descending triangles can breakout any side so lets wait till the breakout happens and it became more valid with 3 touches on flatline.
Keep HDFCBANK in your list to look out for shorterm and if it gives ample opportunity to enter after Breakout, Hop on and ride whichever side it breaksout.
Check your risks also and plan well before taking positions.
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