Continuation of the uptrendCurrently in an area of indecision as seen at previous periods of time. If Bullish sentiment remains we will most likely see the formation of a bull flag on the daily with a potential breakout to the up side.
Contiuation
Reversal likely to hold up #SPX $SPY $RSP I expect some continuation from this recent rally. The percentage of SPX stocks trading above their 50-day MA is now bouncing from being too far below the lower band of the channel I have defined.
Annotated on the chart are the previous times it significantly breached the lower band.
MACD histogram turning green with MACD line curling up for a cross. RSI bounced and has some momentum. Next test at 50.
Bar some terrible news from Ukraine or Taiwan, we should see some of this momentum carry the market higher. For how long? Unclear. I would like to see $RSP start to outperform $SPY to signify broad strength opposed to a few names carrying the entire index (not sustainable or healthy).
GBPNZD H1 LONGSPossible continuation for gbpnzd, Looking for break of structure for price action. Apply proper risk management.
USDTRY 7.64331 - 1.26 % LONG IDEA * CONTINUATION & STRUCTURE Hey everyone
Here's a look at the DOLLAR / TURKISH LIRA
* Many stars aligning with the Bulls on the lira the pair traded in a descending channel broke with the bull and we've been in a beautiful uptrend
since.
* looking for continuation patterns as we are already trading in one which is the bull flag, trading at a key level.
* momentum with the bulls will be the trigger and price action
* follow your entry rules on entries
* significant moves with the bears change the plan.
* TIGHT SL
lets see how it goes.
AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
eurusd continuation? wiil we see higher highs?euro v us dollar is looking to sell off but maybe theres one more leg to the upside.
still bullish bias on this one
I'VE SEEN BITCOIN DO THIS BEFORE !I remember replaying *on tradingview* back to when bitcoin shot up to almost 20k, and how on the way there price would fake hard, and make you think it would go down instead of continuing bullish movement. To the best of my knowledge price for the most part always repeats itself. I don't have a clue where exactly price will go but i'm betting this isn't the end of the bullish movement from bitcoin! SHARE WHAT YOU GUYS THINK IN THE COMMENTS!
