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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.

Forex Technical Analysis: Trend potential

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.

18 - 22
March
weekly
forecast

 #GazpromNef,weekly Technical observation #GazpromNef declined steadily to the supportive zone 317.35-312.01 and is currently rallying within it, I expect a bounce within it for possible bullish momentum towards 389.53 and a breach above it for a further rise in value of these shares. Should the

2019 EURUSD GBPUSD USDJPY
22
March

Technical observation For two consecutive weeks now, EUR has been rising steadily towards a resistance zone 1.1536-1.1457, currently it is rallying below the zone and my expectation is either a bounce within it or a clear penetration above it for possible bullish price rally towards 1.2654.Remain

Technical observation Last week GBP corrected itself to the resistance zone 1.3428-1.3308 but could not penetrate above it, it was rejected and this week it has been rallying on an increasing bearish momentum towards the key line 1.2080. More bearish momentum towards 1.2080 can be anticipated next

Technical observation USD corrected to a supportive zone it established around 110.90-110.63 and is currently trading within it on an increasing bearish momentum, I expect a loss of this movement within the zone for possible bullish price rally towards 114.06 followed by a breakout above it for a

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