{"id":142000,"date":"2019-02-17T09:05:46","date_gmt":"2019-02-17T14:05:46","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=142000"},"modified":"2019-02-16T10:07:10","modified_gmt":"2019-02-16T15:07:10","slug":"here-we-go-get-ready-for-the-breakout-pattern-setup","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/02\/here-we-go-get-ready-for-the-breakout-pattern-setup\/","title":{"rendered":"Here We Go &#8211; Get ready for the Breakout Pattern Setup"},"content":{"rendered":"<div id=\"inves-2016073144\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">February 17, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/bit.ly\/1zUUpun\" target=\"_blank\" rel=\"noopener\"><u>TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n<p>We are writing this post today with a few forward-looking expectations while attempting to warn traders that some extended rotation is likely to enter the markets over the next 30+ days.\u00a0 If you\u2019ve been following our research, you\u2019ll know that we\u2019ve been calling these move months in advance of other researchers and analysts.\u00a0 Our September 17, 2018 research post highlighting our Adaptive Dynamic Learning predictive modeling system suggested the US stock markets were poised for a massive price rotation followed by a very unique price setup that we are experiencing now.<\/p>\n<p>Currently, the YM (Dow Futures Contracts) are leading the pack on a dramatic upside breakout move.\u00a0 This is likely a result of the US government spending bill that is recently working its way towards approval and the fact that this new spending bill clears the way for at least 8+ months of uninterrupted market optimism (or at least we hope). \u00a0This 300+ point upside move clearly breaks price highs and puts the US stock market, at least the Dow\/Blue-Chips, back into \u201cnew high trending mode\u201d.\u00a0 As many of you are likely aware, our Fibonacci price study teaches us that price must ALWAYS seek to establish new price highs or new price lows AT ALL TIMES.\u00a0 Thus, these new price highs are a very strong indication that the upside trend is dominant and should continue for a while.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-27039\" src=\"https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2019\/02\/Chart1.jpg\" sizes=\"auto, (max-width: 634px) 100vw, 634px\" srcset=\"https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2019\/02\/Chart1.jpg 634w, https:\/\/www.thetechnicaltraders.com\/wp-content\/uploads\/2019\/02\/Chart1-300x184.jpg 300w\" alt=\"\" width=\"634\" height=\"388\" \/><\/p>\n<p>Additionally, we want to highlight what we believe will be a similar price pattern to 2015\/2016 in the US markets \u2013 a multiple Price Wedge formation that could ultimately set up another price leg (which we believe will be higher, to the upside, at this time).<\/p>\n<p>In the next article \u201cPART II\u201d pay close attention to the charts and images as we are attempting to clearly illustrate how and why price rotation is about to hit the US markets and why you need to be prepared for this move.<\/p>\n<p>We continue to read that large amounts of capital are sitting on the sidelines or have been pulled from the markets over the past 12+ months.\u00a0 We understand this as the rotation in early 2018 frightened many investors and the continued sideways price action, global market concerns and geopolitical issues have caused international investors to want to protect their investments from risk \u2013 thus they move their capital into cash.\u00a0 We get it.\u00a0 But we also believe the next breakout in the US markets will be a great opportunity for skilled traders to identify and prepare for an incredible profit potential no matter which way the market breaks up or down because technical analysis allows us to closely follow the direction of the market.<\/p><div id=\"inves-1021606924\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>The amount of capital that is sitting on OUTSIDE the markets, currently, represents a massive amount of resources that could re-enter the markets when traders\/investors decide the timing is right.\u00a0 We\u2019ve termed this a \u201cCapital Shift\u201d.<\/p>\n<p>In simple terms, it reflects capital\/cash moving from one market to another or from actively invested to cash, then back to actively invested.\u00a0 Our belief is that capital operates in a manner to always protect itself from risk while attempting to identify suitable returns.\u00a0 The best environment for capital is always a relatively safe investment with protective values and a high probability of decent returns.\u00a0 Therefore, this massive amount of capital not being deployed in the global markets will, at some time, re-enter the markets and will likely increase pricing valuations.<\/p>\n<p>How and when will this capital re-enter the markets?\u00a0 What will price activity look like and how will we know when the timing is right for our own strategic deployment of our trading capital?\u00a0 Continue reading to learn why we believe we are only 30~45 days away from an incredible trading setup.\u00a0 You won\u2019t want to miss this one.<\/p>\n<p>Please take a minute to visit <strong><a href=\"http:\/\/bit.ly\/1zUUpun\" target=\"_blank\" rel=\"noopener\"><u>TheTechnicalTraders.com<\/u><\/a><u> <\/u><\/strong>to learn how we can help you find and execute better trade in 2019 and stay ahead of these market moves. We are confident that you will find our Daily Video, Detailed Market Research, Proprietary Research Tools and Detailed Trading Signals will help you make 2019 an incredibly successful year.<\/p>\n<p>Chris Vermeulen<br \/>\nTechnical Traders Ltd.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By TheTechnicalTraders.com We are writing this post today with a few forward-looking expectations while attempting to warn traders that some extended rotation is likely to enter the markets over the next 30+ days.\u00a0 If you\u2019ve been following our research, you\u2019ll know that we\u2019ve been calling these move months in advance of other researchers and analysts.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-142000","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/142000","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=142000"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/142000\/revisions"}],"predecessor-version":[{"id":142001,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/142000\/revisions\/142001"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=142000"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=142000"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=142000"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}