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Consolidationzone

NZDCAD Intraday BuyNZDCAD is still trading within the range of 0.87200 and 0.87820 and right now we've seen it reject prices lower then the 0.87200 support zone. The market simply created pinbars confirming that the price is rejecting. A buy trade would give us a Risk-reward of 1:2.5 and greater depending on the entry level. Thanks for viewing. Comment with your thoughts I'd like to hear them. Disclaimer  the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. 
Long
by Mancoba_Thabethe
How to approach a pair during its consolidation period!-When there is a consolidation happening on a pair, this would be an excellent opportunity to look for a breakout and a reversal of the support/resistance of the consolidation box. -For these types of setups we need be patient and see how price will move to either the upside or downside. -Once we see a breakout of the consolidation box then it is essential to wait for a retest and enter when we see a strong candle stick confirmation depending on which way price breakout the box. -Make sure to do loads of backtesting and forward testing this strategy to become more confident in the strategy. -Make sure to journal all the trades to see how well you perform and look back to see what you can improve on. If you need any more advice, support or mentoring then give me a message to see how best I can help you. Please make sure to follow, leave a like and a comment on your opinion/ideas on how to approach these types of strategy. In the near future, I will be hoping to post more educational posts to help my followers or anyone who wants to learn and get a better understanding on how to approach markets.
Education
by LDForex_
1
USDJPY-Weekly Market Analysis-Jun20,Wk1I had sent this Bullish Gartley Pattern setup to our community and we are certain that every single of them are smiling from ear to ear. The link at the bottom was the analysis I've sent out. While many harmonic patterns trader had exited this trade, we are still in this trade. A stall at the resistance area(red line) is not a surprise for me, I'm waiting for a trading opportunity, something like a double bottom within the consolidation area to engage an additional position to long this trade setup.
Long
by RaynLim
4
Trade Ideas Educator: USDCAD BatThere're a couple of trade-ideas within this chart. 1. If the market retraces back to the resistance(red) line, it will provide a shorting opportunity on an aggressive setup, with the best Reward: Risk within this trade. 2. If the market finds support at 1.3934 in addition a magic candle appears, I may engaged a countertrend trade as an ABCD Pattern setup. 3. A trading opportunity can also develop within the consolidation area as a bat pattern setup. Personally I prefer setup(1) and (3) let see what does the market give us.
by RaynLim
USDJPY - Waiting for Market DecisionHi Traders! The market is now in a consolidation--zone after a shortterm longtrend. During its upmovements it respected the trendline. But the more often the market tests a trendline, it becomes weaker and NOT stronger! Its the same for support and resistance. Now the market is in the consolidation area on the trendline. If the market breaks out higher this idea would be invalid. But if the market breaks down lower, we have two main TP-Levels: The 106.800 and at 105.200. We recommend to sell the breakout with a wide SL and a risk-to-reward of 1 to 2. Thanks and good luck :)!
Short
by swissmoneymakers
2
The descending triangle : Phase 1, Initial break out!Hello fellas, welcome back to the Sunday bitcoin analysis! Here you can see my previous analysis which said that bitcoin is in the consolidation zone which make today's movement looks very important and crucial for me. You can see that the descending triangle in current consolidation phase is playing an important role and can gives us a lot of clue. For now, we see the 1st phase of breaking down of current triangle is precisely in play. we can see the bear's pressure is getting higher and higher on each day. If this condition hold and we can get a confirmation of this break down, we will see further push to the downside from bitcoin. The further it falls, the higher the bounce could be. we should see the important key levels below to catch a possible huge bounce which are around the $7600 , $7200 and finally the major key support around $6000. Our analysis is still playing well with previous bias that I've been called many times. For the altcoins, I still believe that it will have a negative correlations with bitcoin's potential moves. if bitcoin shows us a lot of bearish indication, the opposite thing I see on most of the altcoins which show us an absolute higher high and higher low combination pattern. current price is too low for altcoins. So, prepare yourself to catch your favorite alts and let's see what could occure in the next few days or weeks.
BITFINEX:BTCUSD
by julio24albert
[UPDATE]: Bitcoin run just stopped! Consolidation comming...Seems many see short-term Bitcoin price above $13000 or below $9000!?! We strongly believe that is not true! We are going into the consolidation zone. Probably price will be moving between the drawn lines before going anywhere where the majority expects it. Time will show who is right and who is wrong. Our arguments will come in the comments below this post. Many of them were also mentioned in the original post you can find under RELATED IDEAS. Before we do that it would be nice to hear some of your opinions and arguments. What do you think about further market movement? BTW: If you appreciate our posts don't forget to like them. :) PS: It's not investment advice. It's just an idea. ;-)
KRAKEN:BTCUSD
by Samoto
7
How history hypes predict future price movement!Sometimes I ask myself why am I producing all this educational material on TW since it gets much fewer views than trade ideas themselves. Usually, the answer is because I want to give something back. I want to teach the ones that want to learn how to catch a fish, not only get a fish. Nikola Tesla said that we should check number 3, 6 and 9 and we would know much more about the World itself. Let's check what number 3 tells about crypto markets. Do you see 3 tops on all 4 graphs where the next one is lower than the previous one? - 1st one is local hype top (peak) - 2nd one is a local dead cat (where people still think run will go on) - 3rd one is usually the last one (where weak players lose hands) When that happens it's time for FUD to go away and recovery comes in place. However, nothing can go exponential until the end. It has to stop to get some fuel for the next local hype. That's consolidation before the next push. It can build up sideways also, but usually, it already has some upwards movement. Some are faster like 135days or 185days to the next top in 2016 or 55-56days in 2017 when we are already deeper in the next bubble cycle. Where are we today? Is it consolidation or is it 3rd local top? What do you think!?! Give some opinions in the comments below and I will write down where I think we are. With approximately 90% probability! ;) Enjoy your trades and don't forget that it's just an idea and not investment advice!
COINBASE:BTCUSDEducation
by Samoto
11