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Channeltradiung

#EURGBP possible bearish moveAs depicted in the chart, the EURGBP pair is within a long-term bearish channel and is nearing its upper boundary, where it may face downward pressure. Additionally, the price is currently trading at a significant resistance level that it failed to breach in its last attempt, suggesting a potential failure to break through again this time. If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Short
by mohemati
5
SNOW a software megacap approaches earnings in one week LONGSNOW has been running since about the 1st of February. It beat earnings in November by 50%. Right now it is situated at the mean-anchored VWAP where institutions pick up and drop off shares the most. Price is at the lower boundary of an ascending parallel channel and is now about 8% less than the double top of last week at the top of the channel. Price at the mean VWAP brings out volume and volatility. So does an earnings run. I see SNOW as a great earnings play as ARM and PLTR were only weeks ago. This could be a huge trade like those were. Good Luck to traders who take this trade!
NYSE:SNOWLong
by AwesomeAvani
4
#GBPJPY buying opportunityHello, traders and friends. Let's analyze the GBPJPY 1-hour timeframe chart and explore a potential buying opportunity in this pair. Yesterday, the price successfully broke above a Daily bearish channel that had been pushing the price lower since August 21st. This impulsive breakout to the upside suggests the potential for the price to move higher, possibly reaching at least the high established yesterday. Another factor supporting our belief in a potential buying opportunity is the bearish corrective move that followed the breakout, indicating no strong overall bearish bias in the price for now. There are several bullish confluences that reinforce our bias, including: The bearish channel's upper line, now acting as support. A demand area on the 1-hour timeframe, coinciding with a static support zone. The price is currently above the 4-hour, 1-hour, and 30-minute 200EMA, all of which serve as critical support levels. The price is currently at the 38% Fibonacci level, and if it reaches the support line, the 50% Fibonacci level will also provide significant support. To consider a long position, we recommend waiting for the price to break the short-term bearish trendline to the upside or looking for candlestick confirmation around the supporting area. by the way If you've found this analysis helpful, please take a moment to like, comment, or share your thoughts with me.
Long
by mohemati
3
GM:Bullish Channel?General Motors Company Short Term - We look to Buy at 39.04 (stop at 36.14) The bullish engulfing candle on the daily chart is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Dip buying offers good risk/reward. Further upside is expected. Our profit targets will be 46.31 and 48.00 Resistance: 46.00 / 50.00 / 65.00 Support: 39.00 / 30.50 / 14.50 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
NYSE:GMLong
by VantageMarkets
EURJPY Following Correction, it Will Go DOWN!Welcome back! Let me know your thoughts in the comments! **EURJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
1
ET GO LONGET MAKING A STEADY COMEBACK UP THIS ACENDING CHANNEL MAKING HIGHER LOWS AND HIGHER HIGHS ...LOOKS PROMISING WITH THE LONG TARGETS SET AT THE TOP OF THE CHANNEL ... EARNINGS REPORT IS DUE ON 17 FEB WHICH COULD HAVE A FURTHER IMPACT ON PRICE DEPENDING ON WHATS REVEALED OF COURSE . ALTHOUGH I ONLY FOCUS ON THE TECHNICALS AND RIGHT NOW MY SENTIMENT IS BULLISH . FEEL FREE TO TAKE THE TRADE WITH ME OR OF COURSE COMMENT ON WHAT YOU THINK IF YOU DONT DO ANY OF THOSE THEN SHARE ,LIKE OR COMMENT AND MAKE MY DAY ... MY GRATITUDE FOR STOPPING BY
NYSE:ETLong
by SJTRADESFUTURES
4
GBPUSD 1D BEAR FLAG SHORT TRADEAscending Channel is a Range Pattern that is a repeatable trading chart patterns. Ascending channel chart pattern will have a directional bias (Short) depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending Volume bars and descending ATR line (which indicates volatility) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of volume average for a full position size. b - If 75% of volume average then ½ position size. (To find 75% of Volume look at the charts volume settings – divide smaller # into larger # = 75%+) If not 75% then stand aside from the trade. 2 – If candle breaks out of a trendline, 15m before the close of the day prepare your buy/sell order. Enter two trades. 1st trade will have a SL & TP. It will close automatically when the 1st TP is hit. 2nd trade only has a SL and will be allowed to run. When 1st TP is hit move the SL to breakeven. Look at ATR and prepare SL at 1.5 of ATR. Prepare 1st trade TP at 1 of ATR. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 – After Breakout candle – if price closes back into chart pattern close trade don't wait for SL to be hit. *9 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade. d – If Price returns back into chart pattern close trade before SL is hit.
Short
by Tradingstrategyguides
2
CRUDE OIL 1D BEAR FLAG SHORT TRADEBear Flags are a Range pattern and they are a repeatable trading chart pattern. Bear Flag chart pattern will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. Whatever time frame you are trading this chart pattern, wait for a candle close outside of the trendline in the direction of the breakout candle. (Our time frame preference is the Daily chart). Add volume indicator - Volume is the amount of $ that went into a particular candle or in Forex the # of trades that took place. Add ATR indicator - Volatility is the amount of price movement that occurred. Use the ATR to measure the price movement. When you see descending Volume bars and descending ATR line (which indicates volatility) this shows a dis-interest in traders to invest in this pair creating consolidation which creates the chart pattern. Trade Management after there is a breakout candle close. 1 - Position size (compare volume bar to volume ma line). a - Breakout candle must be 100% of the average volume for a full position size. b - If 75% of average volume then ½ position size. (To find 75% of Volume look at the charts volume settings – divide smaller # into larger # = 75%+) 2 - Enter two trades. 3 - SL for both trades will be 1.5 x ATR. 4 - 1st trade TP will be 1 x ATR. 5 - No TP on 2nd trade – letting profit run and adjusting SL to follow price. 6 - When 1st TP hit – move 2nd trade SL to breakeven. 7 - Adjust the 2nd trade SL to follow price. *8 – After Breakout candle – if price closes back into chart pattern close trade *9 - When breakout candle is more than 1 ATR from breakout candle open. a - Enter 1st trade at candle close with ½ position size. b - Enter 2nd trade with a pending limit order that is 1 ATR of breakout candle open. c – Price should pullback to that pending limit order for 2nd trade. d – If Price returns back into chart pattern close trade before SL is hit.
NYMEX:CL1!Short
by Tradingstrategyguides
1