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Breakouttrade

BREAKOUT IN EURCAD - 1H CHARTHey Traders, Hope you had a great weekend. We have an opportunity to sell soon in EURCAD. As soon as we get the breakout look for any flag to sell for a pontential bearish impulse. Keep an eye on it. - Hey Traders, Espero que hayáis tenido un buen fin de semana. Pronto tenemos una gran oportunidad de venta en EURCAD. Así como se produzca la ruptura de la tendencia buscad cualquier bandera de venta para entrar en un impulso bajista potencial. Id echándole un ojo.
Short
by ccerezo11
5
ELLIOT WAVE IN AUDNZD - 2H CHARTHey Guys, Just wanted to show you the labeling of this impulse applying Elliott Wave Analysis. We are looking for a buy set up and then trade a move uptrend. Then we will try to identify the next corrective structure. - Hola Chicos, Sólo quería mostraros las etiquetas de este impulso aplicando Elliott Wave Analysis. Estamos buscando un trade en largo desde la estructura actual de compra. Después miraremos de indentificar la siguiente estructura correctiva. Carlos
Long
by ccerezo11
AUD/NZD THREATENING THE DOWNTRENDFX:AUDNZD The rate has finally climbed up to test the massive inverse head and shoulders pattern neckline at 1.0770. At the moment I expect bears to push the price lower to confirm the neckline resistance, however, I will be looking for an upside break and daily close above to enter a smaller long position and wait for a retest if the old resistance becomes the new support to scale in a full position Only a break below 1.0600 would invalidate my immediate bullish bias on the pair.
Long
by TradeItSimple
GBP/USD - BREAKOUT COMINGFX:GBPUSD The rate has been stuck in a contracting range for this past month and it seems to be very close to breaking out indicating the direction the next move will be. Because of the rate currently trading in the exact middle of a larger box range I don't have any particular short term bias and will be looking to trade a break on either side. For a dowside break and a move towards the larger range support at 1.2000 I will be waiting for a strong break (or a daily close) below former resistance/now support at 1.2400. For an upside break I will need to see a strong bullish candle (marubozu or the like) to target the range resistance (and a possible double bottom neckline) at 1.2775.
by TradeItSimple