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Continuation

EURJPY Continuation TradeHi Traders, I am looking at a very simple setup on EURJPY today, We have basic price action creating lower lows and lower highs, Price has also rejected the current resistance level and I would like to see the continuation to the downside, I would 1st like to see the current h4 Candle close Bearish, Once this happens I would monitor the next h4 candle to see if price will continue the bearish push. Keep in mind that tomorrow we have the FOMC and this may affect how price moves tomorrow so be prepared for anything. My target would be around 139.0 On this pair and would expect even further push down. For now, let's see how price plays out. Renaldo Philander
Short
by Tradebudz
1
GBPNZD I It will move downward + 200 Pips Welcome back! Here's an analysis of this pair! **GBPNZD - 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
2
DXY 4 Hour - Decision PointWe've been tracking the DXY for a while now as it's rallied up into 2017 highs only to hold a structure followed by a break below, close below. This price action pattern allows me to make a bearish prediction with my personal tactic of entry being to wait for a pullback into previous structure resistance. Our pullback has occurred & is currently looking to once again retest the highs of previous resistance which puts us at an interesting "decision point" IF price can hold resistance again then it would be a positive sign for our short idea. HOWEVER, if price were to violate the highs, then we would be right back in bullish continuation mode with the next stopping point on my radar being 106.40's. As always, if you have any questions or comments on this idea, feel free to leave them in the comment section below as I do read through each and every one of them. Have a great rest of the week in the markets & an awesome weekend! Akil
TVC:DXY
by Akil_Stokes
Gold is reaching further.Gold has lots of momentum to the downside. Their is lot of downside to be given, believe the liquidity is still their hiding waiting to be taken. The levels are obvious, and I would bet on it that gold goes further with the bears. The retracement shows their is potential to fall further. Plus the trend and key level is right about on point for more action back from gold. Their are no higher lows being made I trust gold to drop, if the trendline is tested to create higher lows then and only then will I believe in reversal.
FOREXCOM:XAUUSDShort
by BrazenForex429
GBPCHF Impulse Correction Continuation Welcome back! Here's an analysis of this pair! **GBPCHF- Impulse leg on daily and 4 hr. followed by corrective wave/bullish flag. If we get the breakout, our target is 2400 zone (previous resistance). 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
Long
by BKTradingAcademy
KCS - Trend-Following Buy Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. KCS broke our gray resistance zone and is now diving back below it. As per my trading plan, here are the two possible scenarios I am looking for: 1- Bullish Continuation: In this case, we need the bulls to break the orange flag pattern upward and above the gray area for another bullish impulse movement to start. 2- Deep Correction: Until the bulls take over as per scenario 1, the bears can still push lower to the 15.0 - 16.0 support zone where we will be looking for new buy setups to form. 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
Long
by TheSignalyst
14
USD/JPY (5 April 2022)Overall, USD/JPY is trending upwards, but currently still sitting in consolidation at 122.522 Governor from Bank of Japan has indicated; "May Not Necessarily Be A 'Last Resort' But We Will Offer To Buy Unlimited Amount Of 10-Year JGBs If Rise In Long-Term Interest Rates Is Rapid" A short term retracement towards next support zone of 121.70 seems unlikely now. Instead, look for trend continuation if price breaks above 123.234 towards 125.00 Look for short-term buying opportunities of USD/JPY back towards resistance level 125.00
Long
by JinDao_Tai
🐂EUR/JPYEUR/JPY has been bullish for some time, giving positives on a previous setup we shared. Price broke out of a resistance and moved higher impulsively, the analysis to this setup is linked below. On the 1H chart, price has now presented a continuation pattern in the form of a flag. We should look to long when price touches the supporting trendline for the third time and changes structure Price has also formed an invers Head & Shoulders, so we should look to buy. OANDA:EURJPY
Long
by WAR_ON_FOREX
2