Parabolic moves breaking Chart PatternsThe rising wedge will continue until a new pattern forms.
Explains on chart
An observation
Break
Wait for break above current resistance zoneIf the price breaks above the zone it is currently testing I think this will be a great place to look for longs. Let me know your thoughts.
Possibility of Break Parallel Channel Then Fall to Golden Linethis Idea is in Continuation of my Confirmed Previous Idea.
sell order under today starting candle
USDCHF - Intraday Idea - Break of ChannelHi Traders!
The market is ranging.
Key Areas:
Resistance @ 0.95253
weak Resistance @ 0.94881
Support @ 0.94103
Parallel Channel - descending, active
Category:
- Intraday Idea
- Shortterm Trading
- Catching Small Movement
- Break of Channel
Description:
The market in not in a Trend, so we can either Buy or Sell.
As you can see the market is moving between some Key Areas; these are the Support and Resisitance Levels in blue.
It was moving down (first arrow), than up (second Arrow), than down again (last Arrow).
Now it is still in the Down-Movement.
The Down-Movement is in the pattern of a Parallel Channel.
The Trading Trigger is the bullish Break of the Channel.
We only want to catch a small movement, that's why we set our TP at the next weak Resistance.
The SL is under the blue Support.
We recommend to trade the Breakout on a closed candle.
Thanks and successful Trading :)!
EU SHORT..Based on my analysis and the current events, EU short to 1.116 looks like a go. The key will be breaking that point and seeing a push to the 1.109 range and beyond.
Sell: 1.1241
TP1: 1.12014
TP2: 1.1165
TP3:1.10999
SL: 1.12700
Potential GOLD BREAK OUT Setup, 1HR June 29Use proper risk management,
TP 25 to 30 pips from entry
SL 20 to 30 pips from entry
Once either zones are broken wait for the return to the zone and continuation to enter.
NZDCHF SELLSas you can see, NZDCHF has been ranging for a bit. it retested the 200 ema, broke my channel trend line, and created a head and shoulders pattern on the 15/30 minute timeframe. this is my confluence. i believe that the pair will continue to sell into the next demand zone.
this goin to hell, i think... FX:NZDCHF
EURAUD - Break and retestHello everyone,
I will keep it compact as always:
WAIT FOR THE RETEST!
1. Downtrend on the H4 timeframe
2. Chart is underneath the SMA 50
3. Wait for the break and retest
4. If it is rejecting the retest, I will go short on this pair.
5. Keep it simple and be patient
I hope you like it!
EURJPY Short?I have spotted a breakout of the trend line with a retest, possible downwards move from here. What do you think?
#bitcoin Just dump it an update for previously posted idea -
BTC is trading inside an ascending triangle, break that Red trendline & bears will take over, if not broken might just pump back to 10k
AUDUSD SellAUDUSD broke through it's trend line and retested the resistance zone in which I took an entry
AUDNZD waiting for the neckline break to buyon DAILY: AUDNZD is sitting around a support zone so we will be looking for objective buy setups on lower timeframes.
on M30: AUDNZD formed an inverse head and shoulders pattern, so we are waiting for a momentum candle close above its neckline to buy.
we also have a divergence on MACD adding more confluence to our setup.
#ETC - Wait for the breakout Retestwe are still trading under resistance IF somehow BTC dumps then this will also come crashing so it's better to wait for the breakout & the retest of S/r flip just how we did for #VET
entering at the successful retest of the broken triangle is much safer then entering blindly here that resistance will break, 90% of the time in my experience they retest if I miss out then on to the next setup :)
BTCUSD Possible uptrend continueIf the horizontal support break, the upmove will continue until the blue resistance.
USDJPYWe had a channel breakout. Price currently within a falling wedge. Looking to retest the channe'l's upper trendline before continuing back up.
GBP/NZD Short (please share your thoughts on this)possible set up for the upcoming week
please share your thoughts of this in the comment please helps me out a lot
have an amazing week you all
GBPCAD Likely SellWaiting for Break and retest of this zone.
GBPCAD Possible Sell
Wait for Confirmations
Possible
EP 1.74840
SL 1.75340
TP1 1.74340
TP2 1.73831
CADCHF - BEARISH CADCHF is in a bearish channel, a break of the bottom of this channel will indicate a move towards the downside
EURNZD - BULLISH could we see a push to the upside this week for EURNZD. its seems to be ranging between these two zones so lets wait and see if we get a bounce or a break below this support zone. my overall bias is LONG
