How I Trade Breakouts
GBPJPY Technical Analysis 2015, 26.04 - 03.05: daily breakout for the reversal to the bullish with 180.43 key resistance; weekly ranging bullish with 174.86 key support D1 price is on primary bearish with market rally: the price is trying to break 180.43 resistance level and Sinkou Span A line of Ichimoku indicator to be reversed from the primary bearish to the primary bullish on D1 timeframe: The price is located inside Ichimoku cloud/kumo and near Sinkou Span A line (which ...
H4 price is on primary bearish with secondary ranging market condition: The price is located below Ichimoku cloud/kumo and below Sinkou Span A line which is the virtual border between the primary bullish and the primary bearish on the chartChinkou Span line is indicating breakdown within the primary bearishNearest support level is 175.66 (H4)Nearest resistance levels are 177.52 (H4)and 178.05 (H4) D1 price is on primary bearish with secondary breakdown for trying ...
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