Continuationpatterns
US100 11481.5 + 1.91 % LONG INTRA-DAY IDEA * PRCE ACTION & STRUCHEY EVERYONE
Here an idea on the US100 intra-day trade from an hour perspective. most details are on the chart so i hope this assests in anyway with your trading.
The trading plan changes completelty should the ascending triangle structure hold, follow the price.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - INTRA-DAY TRADE
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DXY 93.81 + 0.09 % LONG IDEA * PRICE ACTION, BREAKOUT & CNT PTNSHELLO EVERYONE
Here's an idea on the DOLLAR INDEX that has seen seen some bullish moves in the last couples of weeks after a bearish trend since march. the INDEX broke the 50 M.A and is currently trading above this level. most of the details are in the chart so hope this idea assists in anyway on your trading of the index.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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USOIL 37.01 - 4.02% * SHORT IDEA CONTINUATION PTTNS & STRUCTR GOOD DAY EVERYONE
Here's an idea on the USOIL which closed at 37.01 looking at the monthly chart the oil just broke the 61.8 % fib testing resistance level 43. 27 where it was rejected and pushed down with the bears by almost 5% , currently trading at a significant level waiting to see a break of this level to see continuation with the bears targeting support level 35.24. fundamentally this move is highly possible and from higher time-frames the sentiment is fairly bearish so waiting for price to indicate and will be looking for entries on lower time-frames. hope this idea assists in any way on your trades on oil.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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USDJPY 105.559 + 0.01 % * STRUCTURE & MULTI TM IDEA CONT PTTNS HELLO EVERYONE
Here's an idea on the DOLLAR/YEN with a summary from higher Time frames.
- From the monthly the pair is still respecting and range-bound in a descending triangle structure where it was just rejected at the base of structure at 200 MA Which has been ating as support on the monthly time-frames for some months now. looking for a continuation of this move with the bulls from the monthly perspective.
- On the weekly and the daily TIME-FRAMES the sentiment is more or less the same, we saw a rally with the bulls building some bullish momentum and trading just below the 61.8 % Fibonacci level so looking for a continuation of this move with the bulls so the sentiment is the same looking for bullish opportunities on the pair.
- on the 4H and lower time frames looking for confirmations and entry opportunities on of the confirmations from the 4H can be a break and retest of the 200 MA amongst others.
lets see how it goes...
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP1 - 105.955
TP2 - 106.307
TP3 - 106.671
SL * 105.951
RISK-MANAGEMENT
PERIOD - SWING TRADE
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GBPUSD 1.28504 + 0.86% * STRUCTURE & CONTINUATION PTTNSHEY EVERYONE
Here's an idea on the POUND/DOLLAR with a bit of fundamental perspective
- The pair is currently trading in a descending channel which just saw a rejection at the roof of this structure the pound has been loosing momentum due to some fundamental factors like;
* The dominating fears of the rising virus cases.
* BREXIT
- BREXIT deal remains more likely than in the coming week, but they have warned of the risk of no-deal has increased.
- BREXIT is slowly re-emerging as a key driver for THE POUND.
POUND/DOLLAR has a good support between 1.2691 - 1.2726 at fib level 0.618 which is FEB low 100 MA & 200 MA supports we may find some resistance at 1.2993 & 1.3200.
lets see how it goes
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP1 - 1.27385
TP2 - 1.26206
SL* 1.29542
RISK-MANAGEMENT
PERIOD - SWING TRADE
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USDCHF 0.92490 - 0.41% * SWING CONTINUATION PATTERNS HELLO TRADERS
Here's a look at the DOLLAR/SWISS which dropped again towards the 0.9250 area again a continuation of this move is highly possible from a technical perspective which would be a great opportunity for more aggressive traders to capitalize on this from lower time-frames but i just wanna target this from a swing perspective looking for longs with the bulls after this pull back.
The momentum on the pull back is pretty strong so looking for the pair to find support at the 0.92042 - 0.91814 area before we can see or look for entries with the bulls.
FOR NOW the pair is fairly bearish as US DOLLAR pulls back today across the board after last weeks rally
- swiss franc saw some recoveries during the US SESSION.
LET'S SEE HOW IT GOES..
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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AUDUSD 0.70633 + 0.56 % MOMENTUM CONTINUATION IDEA HEY EVERYONE
Here's a look at the AUD/USD pair which just retreated to 0.7050 are clinging to some daily gains.
* AUD/USD lost its momentum after the climb, US DOLLAR INDEX is staging a technical rebound during the US session and the WALL STREET main indexes register some strong gains today from the fundamental perspective.
* The pair is currently trading in BEARISH FLAG which could signal continuation with the bears and the pair just saw a rejection at the roof of this structure looking for a move with the bears on this one.
LET'S SEE HOW IT GOES...
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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Bullish Divergence(H4) + Continuation Patter(W) - 1-5% TargetI'm bullish for reasons:
1. Continuation Pattern in Weekly
-- HL Price, LL RSI
2. RSI above 50 on Weekly and holds as support
3. Price bounced 0.382 RED Fib
4. Doji in 4H with BullDiv
Buy: @ RED Fib Levels
TP: @ BLUE Fib Level and YELLOW (in case it forms H&S)
SL: Below 0.618 RED Fib
Disclaimer: I am not qualified to offer investment, legal, or any other advice nor am I trying to do so.
All my posts are my own opinion and any decisions, investments, or risks you take as a result of following
my posts are your own responsibility.
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LVGO Long If we break the trend line on significant volume... could see 175 very quickly. Very nice continuation pattern.
EURUSD 1.17143 - 0.48 % * DESCENDING CHANNEL STRUCTURE LONGTRAD Hello Everyone
A look at the EURUSD pair from the 4H chart which dropped to 2-DAY lows yesterday at around 1.1750.
The pair slowly loosing it grip further as we touched the base of the descending channel structure.
ECB remains attentive to the euro appreciation.
FED'S J. POWELL will testify on Tuesday, wed & thurs.
looking for structure to hold on the pair hence looking for reversal patterns with the bulls to the roof of structure.
let's see how it goes.
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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USOIL 43.23 - 0.3% LONG IDEA * TREND & STRUCTURE CONTINUATION Hello Every-one
Here's an idea on the USOIL which broke above the ascending channel structure currently rallying to retest the descending triangle structure which could possibly be signalling continuation with the bulls so targeting continuation of this move with the bulls on oil.
let's see how it goes
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 43.62
TP 2 - 44.25
SL - 42.83
RISK-MANAGEMENT
PERIOD - SWING TRADE
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USDZAR 16.87410 + 0.03 % SHORT IDEA * TREND CONTINUATION IDEA Hey everyone
Here's an idea on the DOLLAR / ZAR The pair has been in a down trend looking for continuation of this moves in the coming week unless the markets starts indicating otherwise but till then on the 4H chart the pair is currently trading in a symmetrical triangle/pennant which could possibly indicating continuation with the bears lets see how it goes...
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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EURZAR 19.95345 - 0.04 % SHORT IDEA * CONTINUATION PATTENS Hey everyone
Here's an idea on the EURO / ZAR pair that has been rallying with the bears and was rejected at support level 19.77624 and pushing up trading in a ascending triangle looking for a continuation of this move with the bears in the coming week.
looking for a break of support level 19.77634 to trigger the trade if there are significant moves with the bulls the trading plan will change completely.
let's see how it goes.
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ORDERS
RISK-MANAGEMENT
PERIOD - SWING TRADE
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GBPZAR 22.3725 + 0.36 % SHORT IDEA * TREND CONTINUATION Hello everyone
An idea on the POUND / ZAR pair that has been trading in a descending channel hitting LH & LL heading down with the bears looking for a continuation of this move with the trend, the pair is currently trading at 38.2 % Fibonacci. TARGETING 61.8 % Fibonacci in the coming week.
let's see how it goes
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
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GBPUSD 1.31844 - 0.19 % LONG IDEA * CONTINUATION & STRUCTURE IDAHey everyone
An idea on the POUND /DOLLAR pair, the pair has been trading in a descending triangle structure within a ascending channel looking or targeting a break above of this structure for continuation with the trend significant moves with the bears change the whole trading plan. so in the coming week targeting a break above of the triangle structure to trigger the trade.
let's see how it goes.
Hello Everyone
An idea on the EURO / DOLLAR pair currently trading in a ascending triangle structure within an ascending channel that has been hitting HH & HL.
looking for a break above of structure to trigger the trade with the bulls unless we see a break below of this structure which will change the whole trading plan.
let's see how it goes.
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
GBP JPY - long smaller time frameHello analysts and traders,
We have an end of monthly candle close this week - price will look to close a bullish monthly close which is perfect.
September will be an interesting month.
Our trade is still running - but will test the wick at 141.6XX area.
On the smaller time frames 141 hurdle is still showing a good area where an engulfing on the 15min showed a good promise to add a position.
A smaller time frame entry is the 30min candle close - price can show an opportunity for price to discount itself.
Be aware of the UK bank holiday - however trading can still commence.
For us personally only a small entry was taken - 140.96 - but has enough movement to wick fill.
Enjoy the end of month.
More analysis to come in a pivotal month of September.
Thanks for following us and liking our analysis.
Team Lupa.
USDCAD H4, wait for retest before entering a sell...This pair is currently in a downtrend and has been making lower highs and lower lows. Price recently dropped lower than the most recent low. This signals to us that it's possible that price can pullback and retest this zone before continuing to sell. Drop to a lower time frame and wait for a reversal pattern to form before taking this trade.
However, be careful with this pair because price is near a major support zone and could reverse.