NU LONG TERM BULLISHA bullish flag pattern appears on the chart since October's downtrend reversal. This might indicate continuation of the uptrend.
Continuation
DXY Bearish ContinuationHEY TRADERS:
DXY trade criteria:
WHAT ARE WE EXPECTING:"
i'm expecting a continuation correction which is forming now after that it likely going to be the next bearish impulse down
HOW DO WE ENTER:
wait for continuation correction to complete and for entry on the break below correction
OUR STOP LOSS LEVEL:
above bearish continuation correction
POSSIBLE TARGET:
low zone
THANKS FOR READING
AS ALWAYS TRADE SAFE AND STAY SAFE!!!!
EURAUD 4HR/1HR - PULLBACK & STRUCTURE TRADEIn today's video we're taking a look at a trend continuation trade on the EURAUD that is more similar to a countertrend trade. I'll take you through the top down analysis as well as walk you through different entry & exit techniques that you can take.
Hope you guys have a great week of trading & as always if you have any questions or comments, please leave them below.
Akil
perhaps theres some bounce, but selling as wellat this rate we will revisit sss supply level, estimate and upper envelope, but it looks as if this will be stiff resistance followed by another leg down to end 2022.
Expecting Going Down Using Elliot WaveExpecting going down using Elliot Wave and possible double bottom.
Expecting sideway until around Week 2 or Week 3 January 2023, may happen market correction after this timeline.
Beware of gap or long candle that may expedite reversal.
Good luck.
MSFT continuation wedge (bearish)This is a Continuation Wedge Pattern, Medium-term Bearish. The inbound duration took about 64 days.
the expected pattern duration *from the break of the wedge*, is roughly 22 days. with a target price anywhere around that 200 area. say 199 - 207
i dont want to keep boring you soo, i hoped you enjoyed this, and if you did could you kindly smash like!
Happy Christmas and hope have a wonderful new year. thanks for reading. thats all from me, Happy Trading my friends.
APPL APPLE BEARISH DIAMOND CONT.It appears to me that a bearish diamond pattern is coming to an end - based on the qqq's direction and the overall sentiment on the direction of the entire market I would wager that its going to eventually (soon) break the lower purple line (140.15) which represents a heavy volume/price area. As you can see that level has been an area of strong adherance throughout the entire diamon thus far. It is possible that the pattern will make one more small push to the upside towards the $145 level however that pop should be short lived.
Overall PT 1 is $135.64
PT 2 - 131.04
Both the 1/20/23 $140 PUT strike as well as the 2/17/23 $140 put strike have heavy open interest and look like a safe bet with plenty of time. However I do think the trade can be exited for profits well before those expirations.
Inflation over?Judging by this chart seems like we are about to continue more of the same. Long term downtrend!
AUDCAD - Video Top-Down Analysis!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for AUDCAD.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
EURJPY I Next move and how to trade itWelcome back! Let me know your thoughts in the comments!
**EURJPY Analysis - 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!
Continuation long setup on $CCI. Entry (AFTER) It break $141.77
Stop $135
Targets:$145,$150,$155.
Directions:
-Take small positions until you practice
enough to play these risky setups.
-Place your orders in the system , no "mind" stop loss . this is not trading.
EURUSD Short Opportunity - NOVEMBER RECAP
Decent setup !!!
Closed trade manually and managed risk correctly by monitoring P.A - exited after bullish hammer rejecting the BE zone!
trapped sellers could returnif we break higher on this reversal it could see a tightening range turn into a change of momentum with short squeeze. if we stay beneath this pivot and trend continuation we should see bottom of envelope and lower horizontals.
📚 The Difference Between a Reversal and a Continuation!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Today I want to share an interesting pattern that I always use to speculate (to an extent) the next move of an asset after an impulse movement.
First , locate an impulse movement, bullish or bearish.
Second , wait for the correction movement to start.
📌In case of a bullish impulse:
1- if the correction movement is bearish , then expect a continuation bullish impulse to follow.
2- if the correction movement is bullish , then expect a reversal bearish movement to follow.
And vice versa...
📌In case of a bearish impulse:
3- if the correction movement is bullish , then expect a continuation bearish impulse to follow.
4- if the correction movement is bearish , then expect a reversal bullish movement to follow.
📉 We can clearly see this pattern is playing out nicely on BTC weekly chart . I have highlighted many example with its pattern number respectively. And you can always refer to the cheat sheet on the left inside the two circles.
If we apply the same logic to the current price action. Is BTC currently in a bearish correction as per our case #4?
🗒What do you think?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
And always remember:
All Strategies Are Good; If Managed Properly!
~Rich
GBPJPY retest. Possible buyGBPJPY has displayed a continuous pattern ..it has mover to retest at 166 wait for a but signal and move up to 177.
EURUSD new upside leg BUY area!!Looking to see if we can see a push from the current area or maybe a little dig down into the 0.99 support for then price to continue the upside rally to the last long term lower high... either way we should get a small move up so will look at entering and moving stops to break even..
GBPAUD next area for upside continuation!No trades at the moment but just sharing the area ill be waiting if price can make a retracement to it. If price does make that short term downside move ill update the reversal moves ill be looking for from there and hopefully we can catch that next leg up!
AUDUSD new leg up CONTINUATION!!Looking at adding a buy position for price to continue this upside momentum... We are seeing nice signs all ready so the next few hours heading into London session could be a nice time to grab an entry.
AAL - Short term flag play! Quick Post tonight!
Covering the Technicals of AAL ~ American Airlines!
Sadly this company does Report Earnings tomorrow, so that could screw with out Technical Analysis on this Chart, so I am keeping this short as Fundamentals will take presence!
We are seeing a clear flag being printed on the Daily Chart here, and A clear bounce off the support band. Looking here for a simple continuation upwards toward the upper trendline from the flag. The Candle made today is neutral, so we are looking for a jump in the coming days for a short term move up.
Momentum is in Bulls Favor (Daily, and Weekly)
It looks like a possible easy move up to resistance that could pay well.
Also, a break thru could be explosive.
Pros :
Predictable Chart here
Everything almost in favor
Con :
Daily Candle
Earnings tomorrow 9/20
AUDNZD It will return to resistance and fall! SHORT!Welcome back! Let me know your thoughts in the comments!
**AUDNZD - 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
GBPCAD Short from Resistance to 1.538 Zone Welcome back! Let me know your thoughts in the comments!
**GBPCAD - 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
GBPAUD Local short and best place to buy Welcome back! Let me know your thoughts in the comments!
**GBPAUD - 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
