Channeltrend
TWOU Gap FillTWOU looking like its heading toward a gap fill
Ark Invest also keeps buying up their shares
EURCHF Buy Signal 100 pip OpportunityEURCHF still in upwards channel, been trading this for over a month. See past ideas for profits taken.
Remember that there are no exact line bounces. Each line (support/resistance/trendline) are always "areas".
I will enter buy directions only at bottom of channel and take profit at top of channel.
Good luck! Let me know how I can help.
Charles V
www.cvfxmanagement.com
Trading made simple
EURUSD Buy ChannelEURUSD in upwards channel. Have been buying at dips and exiting at tops.
1. Bulls are still in control.
2. Main direction is still up
3. Up trend line still active.
Entry @ bottom of channel.
Take profit at top of channel or in 40-50 pip increments.
Good luck trading!
Let me know how I can help.
Charles V
www.cvfxmanagement.com
Trading made Simple
Wait bounce from 221Istanbul indicator shows important levels for us. Channel between 221 to 245 works more than 3 time for MATICBTC. Maybe works again. Wait bounce from 221 to open long position.
BTC Upwards Channel and Long IdeaHi guys,
This is my first idea on TradingView and I am relatively new to technical analysis. I would love to hear your feedback.
An upward channel currently exists for BTCUSD (which can be better seen from the Daily chart). As long as the channel boundaries remain in place, the upwards bullish movement will continue.
If we take a look at the Weekly Ichimoku indicator, we can see that the price has entered the lower portion of the cloud. This means that there is a good chance that the price will try test the upwards boundary of the cloud (being $10800). This will only take place once we clear and flip the $10000 resistance (and mental barrier) that is in place at the moment.
I am net long BTC as long as this channel remains in play (see the Daily chart for a better view).
I would love to get your views and comments. Let me know what you thinkk
USDCAD, USDCAD, finishing Bullish Elliot Wave Pattern. It tends to break down the support. Day has just opened below the daily pivot point. Price is trying to do a retracement, but it can't reach 38.2% of the Fibonacci Retracement (which is a STRONG DOWNTREND).
Take profit expected on S1, S2, and S3 of the general Pivot Point Formula.
Any comments are welcome.
GBPAUD! BIG Battle between bulls and bears! PT 2The bears reinforcements finally arrived once price hit the structure of the previous resistance and downtrending channel. The 4hr Bearish engulfing candle after the tap of the target zone has signified Bearish reinforcement. Using current price action we can assume short until atleast 1.79500 with potential for bears to be in control all the way down to the bottom of the channel!
CAD/JPY AnalysisThe price has broken out of the Ascending Channel and went up straight into the liquidity zone and reached the weekly supply level, targeting the 80 mark.
The sellers defended the zone and forced price down to the top of the Ascending Channel. Price bounced from 79.40 (which is the top of the ascending channel and also a Fibonacci support area). First move (Buy) completed. Buyers have pushed price backed into the liquidity zone and with good news coming from Canada (CPI was 1.10%, better than expected).
Will the Buyers break the 80 mark or will the Sellers win and delay the breakout?
QQQ Pennant resolved in Upside Breakout; Whither Big Tech?Surprise Surprise! Close ur shorts on any small pullback IMO; the megaphone channel points to blowoff high ATH at 275.
Should give a pullback from there IMO. Shorting this monster has been an expensive hobby; who knew?!? It will crash again, one day...
Not advice; trade at your own risk! GLTA!
Looking clean CABLE - GBP/USD. My favourite trade for this month - Over 1.26733 area I'd look for bullish formation, pattern or daily close for further confirmation of bullish run towards 1.27/1.28 is where the next resistance areas are. Some people say it looks like inverse head and shoulders. However, we need confirmation for it go OVER the trend line - we are finding that a key area. Keep an eye, put alerts or orders in so you don't miss the move. It is a great risk reward move as well as one of my favourite trades - momentum going with trend. However, until we haven't broken we could head lower to 1.25/1.24 areas and any lower 1.23. However, DXY is at a key area at this moment of time. Keep an eye out on EUR/GBP as well.
Just a trade idea, not recommendation.
Enjoy.