Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
How To Spot A BreakOut In 3 Steps
British Pound / Swiss Franc
Long
How To Spot A BreakOut In 3 Steps
By lubosi
Follow
Follow
Sep 23
2
Sep 23
The market is on fire right now,
especially the FOREX market.
Its not yet official but we might be
heading for a recession.
As i was about to type this article
i kept thinking ,
"how am i going to show you how to spot
a breakout."
Also i took my time
to see the editors pick to look for
a common theme or trend.
Right now gold
GOLD
, and
Bitcoin
BTCUSDT
, And
Sp500
SPX
are trending.
If you look at the fundamentals of the
SP500 you will see that we are in a breakout
session of the market.
How To Spot A BreakOut In 3 Steps
#1-Look at the CCI
#2-Notice that the MACD histogram bars are green
#3-The 13 EMA on the CCI has hit the overbought zone.
When you take note of these 3 steps
you will see a break out.
Rocket boost this content to learn more.
Disclaimer:Trading is risky you will lose money whether
you like it or not. Please risk management
and profit taking strategies.
breakoutsignal
breakouttrading
Supply and Demand
Support and Resistance
Trend Lines
lubosi
Follow
Related publications
The 10 Day MACD System [Learn More]
by lubosi
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.