NAS100USD 11568.0 + 0.73 % LONG IDEA * TREND CONTINUATIONGood Day Everyone
The Nasdaq 100 reached new heights yet again last week as stocks like Tesla , Apple and Amazon continued to build on recent gains. As a key member of the S&P 500 , Nasdaq 100 and Dow Jones, Apple is afforded considerable influence in the performance of the three major US indices and it has been soaring as of late – bolstering the otherwise lackadaisical US equity market.
*DAILY FX
www.dailyfx.com
Looking for continuation of the trend with the bulls as the INDEX is net BULLISH on higher timeframes still pushing to HH. Significant moves with the bears will change the whole trading plan.
lets see how it goes...
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 11708.7
TP 2 - 11936.6
SL - 11390.4
RISK-MANAGEMENT
PERIOD - SWING TRADE
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Continuation
US30 27912 + 0.59 % LONG IDEA * TREND CONTINUATION Good Day Everyone
A look at the US30 INDEX which has been ranging in a descending triangle structure upon market close we saw a break above of the structure. looking for continuation of this move with the bulls to the upside targeting resistance level 29593.1.
let's see how it goes..
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 28493
TP 2 - 29000
SL - 27603
RISK-MANAGEMENT
PERIOD - SWING TRADE
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NZDUSD 0.65580 + 0.36 % LONG IDEA * STRUCTURE & TREND ANALYSISGood Day Everyone
Here's my idea on the NZDUSD pair that has been trading in a descending channel hitting HL & LL respecting structure, the pair was just rejected at the base of structure currently rallying up with the bulls respecting the channel looking for a continuation of this move with the bulls.
the pair is currently trading in a ascending triangle on the 4H chart looking for a break above of this structure to trigger the trade..
FXSTREETS -
Since the OCR drop , NZD/USD failes to correlate to its current interest rates and is operating at -83%. This is day 2 since the drop and NZD/USD as well as all NZD pairs must correlate to its interest rates. This is mandatory as an exchange rate cannot trade correctly in markets without a positive correlation to its interest rates. This means means NZD must adjust.
As stated many times, an interest rate change by a central bank takes 5 days to normalize. We're on day 2 and 3 days to go.
www.fxstreet.com
let's see how it goes.
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 0.65850
TP 2 - 0.66169
SL - 0.65292
RISK-MANAGEMENT
PERIOD - SWING TRADE
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NZDJPY 69.297 + 0.18 % SHORT IDEA * CONTINUATION PATTERNS Good Day Everyone
Here's on eon the NZDJPY pair the pair has been in a down trend and broke a relatively strong support now resistance pushed up to retest this level which could possibly signal continuation with the bears. a break above the resistance level will change the whole trading plan lets's see how it goes...
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 68.90
TP 2 - 68.57
SL - 96.50
RISK-MANAGEMENT
PERIOD - SWING TRADE
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DXY 92.90 - 0.32 % SHORT IDEA * CONTINUATION PATTENSGood Day Everyone
A look at the DOLLAR INDEX that has been trading in a descending channel looking for a continuation of this move as it has been respecting structure hitting LH & LL holding structure the bears are currently in control of the index looking for a continuation in the trend to complete a gartley formation lets's see how it goes..
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 93.60
TP 2 - 92-00
SL - 93.12
RISK-MANAGEMENT
PERIOD - SWING TRADE
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UK 100 6113.3 + 1.82 % LONG IDEA * MOMENTUM CONTINUATIONGood Day EVERYONE
A look at the UK100 index that Rallied up with strong momentum just looking for a continuation of this move with the BULLS. key > RIDING THE TIDE.
let's see how it goes
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 6160.8
TP 2 - 6213.8
SL - 6083.2
RISK-MANAGEMENT
PERIOD - SWING TRADE
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Electrolux B analysis on the daily timeframeElectrolux trend change confirmed to bullish based on the 123 trend change criteria on 8th July 2020. That also marks as the ascending triangle break.
Entered the trade on 27th July upon re-test completion of the ascending triangle. The overall ascending triangle target is 228.
My first target is at 198, which is just below the area of resistance.
18th August cup and handle pattern break suggesting a strong continuation trend
TARGETS:
198,214, 228
Stop loss:
147
AUDUSD 0.72385 + 0.35 % LONG IDEA * CONTINUATION PATTERNS Good Day Everyone
Here's a look at the AUDUSD pair which has been in a ascending channel hitting HH & HL and the pair just broke the previous swing high or rather HH possibly confirming a continuation of the trend and looking for this move to continue.
let's see how it goes
GOOD LUCK AND HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
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USDJPY 105.410 - 0.56 % SHORT IDEA * MOMENTUM CONTINUATIONGood Day Everyone
A look at the shift in momentum on the DOLLAR / YEN pair which has rallied with the bears pushing down to form a double bottom at support level 105.267, based on the momentum strength to the downside looking for the pair to break this level even if we see a correction before continuation but looking for continuation of this move with the bears targeting level 104.160.
let's see how it goes...
GOOD LUCK AND HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
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GBPUSD 1.32399 + 1.04% LONG IDEA * CONTINUATION PATTERNSGood Day Everyone
A look at the POUND / DOLLAR pair in which the DOLLARS strength has been on a weakness streak in the last couple of weeks this is a continuation of the upward trend as the pair is still net long from higher time frames looking for a continuation of this move with the bulls 1.35210.
let's see how it goes
GOOD LUCK AND HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
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* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
EURJPY 125.812 - 0.01 % SHORT IDEA * TREND CONTINUATIONGood Day Everyone
A look at the EURJPY pair which is net short from higher time frames when we look at the monthly, weekly and the daily chart the pair just rejected at resistance level 126.944 holding the descending channel structure.
looking for a continuation of this move targeting support level 124.294 to complete a descending triangle structure on higher time frames looking for short on the pair.
looking for significant moves to the downside as we completed the 1234 move to show that we've entered a downtrend or rather confirmed.
let's see how it goes...
GOOD LUCK AND HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
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* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
EJ Continuation longAfter such a clean impulse long we are looking to see how the counter trend move after forms.
Because of the wick at the end of the impulse we are expecting a deep pull back.
Once we form a middle section and the pull back starts to look like a flag then i am happy to place an order at the end of the range.
EURJPY 124.812 - 0.43 % LONG IDEA * TREND CONTINUATION Good Day Everyone
Here's my idea on the EURJPY which has been net bullish for the last couple of weeks looking for continuation of this trend with the bulls we are currently retracing on the pair looking for a confirmation of significant moves with the bulls to the upside to confirm the move...
GOOD LUCK AND HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
AUDUSD 0.71572 -1.08 % LONG IDEA * TREND CONTINUATION Good Day Everyone
Here's an idea on the AUDUSD pair which has been trading in a ascending channel currently in a uptrend looking for continuation of this trend unless the STRENGTH OF THE DOLLAR says otherwise but remain net long on the pair respecting the ascending triangle structure...
lets see where it takes us.
GOOD LUCK AND HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
USDJPY 105.904 + 0.34 % LONG IDEA * CONTINUATION PATTERNS Good Day Everyone
Here's a look at the USDJPY pair from some multiple time-frames.
From the monthly the the pair is still trading in a descending triangle respecting the structure thus far just tested the support of the structure and saw a rejection we are currently pushing up even though the DOLLAR saw a bit of recovery in the last month the JPY is nonetheless holding structure.
On the weekly the sentiment is more or less the same we currently trading at 61.8 % Fibonacci level looking for a break of this structure and a push up on the pair unless the market says otherwise.
Lets see how it goes...
GOOD LUCK AND HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
EURJPY - Long Continuation & 0.618% Rejection!EURJPY - Long Continuation & 0.618% Rejection! After monotiring price action on this pair, we can see that price has rejected the 0.618 & 0.5 key levels of the Fibonacci Retracement. I have now entered a long position with a great R:R of 1:7 and if the analysis is correct, it will result in +171 pips. I will monitor the trade closely and consider taking partial profits at the -0.27 region.
GBPJPY 138.103 - 0.36 % LONG IDEA * CONTINUATION PATTERNSGood Day Everyone
A look at the GBPJPY pair from some multiple time-frames starting of with the monthly time-frame/
1. MONTHLY
One the monthly the pair is currently trading in a descending channel currently at the roof of this structure.
We saw a strong momentum push with the bulls but closed with a bearish doji but we are at the beginning of the month so this will definitely change.
the pair is currently at the roof of structure respecting the descending channel and triangle structures.
2. WEEKLY
From the weekly the sentiment still more or less the same, still within the descending structure.
The pair formed a double top at resistance level 139.802 respecting both the descending channel and descending triangle.
Looking for a move with the bears on the pair for the structure to hold unless we see a break of the descending structure expecting structure to hold and see a move with the bears.
3. DAILY
From the daily the pair broke through the 61.8 % Fibonacci pushed up and rejected at resistance level 139.166 definitely looking for a push down with the bears on the pair before we see continuation to the upside on the pair.
lets see where this takes us.
GOOD LUCK AND HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
GBPUSD 1.30482 - 0.71 % LONG IDEA * TREND CONTINUATION STRUCTUREGood Day Everyone
Here's my idea on the GBPUSD pair from multiple time-frames
* starting of with the monthly we see the pair is respecting the BAT/HARMONIC pattern we saw a rally of the bull pushed through the 61.8% Fibonacci level with a strong bullish candle looks like the pair was correcting this move upon close this past week but we are at the beginning of the month so definitely looking for a push up from the pair. either ways from the monthly we are still net long on the pair..
* coming down to the weekly there is a possible confirmation of the correction we spoke about on the monthly as we are trading in a descending channel and we are currently at the roof of this structure looking for a rejection to confirm this correction before we see continuation to the upside looking for a retest of support level 1.28178. then looking for a continuation to the upside
* from the daily we see a completion of the 1234 move again confirming that we are still in a uptrend looking for a push down to confirm this continuation to the upside with the trend. lets see how it goes..
GOOD LUCK AND HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
Ether could break to the upside, target 364Ethereum has been forming these upside structures. We caught two longs and still holding, see related links.
Forming upside continuation structures with grinding lines. As other ALTS like XRP and BCH flying, Ether will probably following. Only catch when the breakout happens. Add your volume indicator to assess the moment of move upwards