Picture of the author

This is a trend following analysis using a breakout entry formation that generally has the greatest results. This analysis is good for 4H trading, but can also be used on almost all time frames and on all pairs and commodities. The analysis seeks to highlight potential breakout setups that can result in higher reward.

Technical Analysis Based on Breakout

This is a trend following analysis using a breakout entry formation that generally has the greatest results. This analysis is good for 4H trading, but can also be used on almost all time frames and on all pairs. Basically, this analysis is based on breakout and certain forms of reversals. The analysis seeks to highlight potential breakout setups that can result in higher reward. To ensure consistent successful trades, the trader should exercise some degree of patience and wait for the perfect set up to execute trades. There’re are several types of breakouts, I only focus on two types of breakouts, trend line breakout and double top/triple top/ bottom breakout. Even with the two, I only trade double top/ triple bottom breakout most of the times and trend line breakout at some other times. Double top/Triple top/ bottom breakout is more dependable and reliable than the other. Note, trend line breakout includes also breaks that occur out of various shapes such as wedges, channels, triangles, and all the other shapes part from rectangles. Below are the simple sketches of some of the breakout setups I’ll be focusing on.

2017 EURUSD GBPUSD USDJPY
12
Mei

Technical Observation Recently, EUR pulled back a but lower but is still within my buy line 1.0850. Unless there's a clear bearish breach below 1.0850, I expect a positive rally to the upperside. In case of a breakout below 1.0850, its better to wait for a pullback to the just broken line to sho

Technical Observation Recently, GBP dropped almost 130pips and could drop further. This drop is a second retracement to the support line 1.2748 where conservative traders should have a pending buy limit order. On the daily chart above, I expect further drop but should be protected from continuin

Technical Observation Recently, USD has made lower highs but is currently rallying just above a key support line 113.62. This support should protect any breakout below it, but if this is breached, then its better to wait for retracement to the just broken line to short USD towards 113.15. On the

11
Mei
10
Mei
09
Mei
08
Mei
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.