Tag: Breakout Anticipation

Categories
Forex Signals

NZDUSD Breakout Anticipation BUY

Flow Assessment

  • Price is in a daily range and showing a grind upwards with higher highs and higher lows
  • We anticipate price to get to the top of the daily range

Location Assessment

  • On the H4, price has been holding just before a historical seller’s area, supported by a strong buy push, suggesting a possible buildup area before the breakout to the upside

Momentum Assessment

  • A strong force of buyers showed themselves, breaking out of the mini-congestion from 0.6687 to 0.67100, suggesting the buyers are ready to move up
  • It is unlikely to be a trap because the origin of the buy swing push on the H4 is still very strong
Categories
Forex Signals

EURAUD Breakout Anticipation BUY

Categories
Forex Signals

GBPNZD Breakout Anticipation Buy

Flow Assessment

Price is in a range, but it got to this range from an up-flow

Location Assessment

Price is near the buy-side of the range

Momentum Assessment

Buyers have built up positions and there has been an SL hunt, so the buys are ready

Entry Price – Buy 1.95324

Stop Loss – 1.95096

Take Profit – 1.95665

Risk to Reward – 1:1.46

Profit & Loss Per Standard Lot = -$154.4/ +$225.6

Profit & Loss Per Micro Lot = -$15.44/ +$22.56

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Categories
Forex Signals

USDCAD Breakout Anticipation Sell

Flow Assessment

  • Daily sell flow is down
  • Sellers have built up positions on the H4 and penetrated lows in H1

Location Assessment

  • Price is at a M15 retest level after H1 sellers cleared the recent low
  • From the H4 perspective, there is space for the sell to perform until it reaches the next set of buyers (pink line in H4 picture above)

Momentum Assessment

  • We checked to see that the break of the H1 low was not a stop-loss hunt by waiting for the M15 retest and failure to make an equal high
  • Entry trigger activated after sellers showed interest to defend the M15 level

Entry Price – Sell 1.3271

Stop Loss – 1.3292

Take Profit – 1.3228

Risk to Reward – 1:2:05

Profit & Loss Per Standard Lot = -$157/ +$325

Profit & Loss Per Micro Lot = -$15.7/ +$32.5

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iPhone Users: https://apps.apple.com/es/app/fasignals/id1521281368

Andriod Users: https://play.google.com/store/apps/details?id=academy.forex.thesignal&hl=en_US