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Rectangle Pattern In EUR/CAD With Tutorial On How To Trade It Rectangle pattern Consists of Up trendline + strong resistance in order to know where the price will go next just check where the price will break first * if the resistance is broken : you can wait for a good retest and enter a buy trade as this will help in having a small stop loss * if the tendline is broken also wait for a retest to enter sell or you can wait for the final higher low to be broken to confirm the movement to the downside
by Forex_Wealth_Factory
TRADE OF THE WEEK | Classic Structure Trading💰 Hey traders, This week we spotted a confirmed structure breakout on GBPUSD. We were patiently waiting for a retest of that to buy the pair. Our confirmation was a double bottom formation on 1H time frame. Long trade was opened on a retest of its broke neckline. The price quickly bounced, giving us 70 pips of a pure profit. Great winner and nice trade! Did you catch it? ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
2
ETH/USD possible trading ideaOkay so when we have a look at the chart we can see that the price is not moving much these days. What we can see now is that the price has not gone below a small time frame support now and that we also have a possible ascending wedge happening. I think that this could be a valid ascending wedge because we got at least 3 times that the wedge was touched and did not got crossed. What I am now waiting for is for the price to go back to that wedge and see what it will do then. I think that the price will go above the wedge and then do a retest of that wedge before we get the real big and good pump to the top. I think that this could take a while before we got this and that the big profits could even take longer because we have all of the trading in crypto that is going a little slower then we are used to. So for now it is waiting and just keep an eye out the price to get to the wedge and then wait for the retest before we can enter the trade. If you have any questions, feel free to send me a PM. If you like the idea don't forget to leave a like and feel free to comment your idea for this pair.
COINBASE:ETHUSDLong
by MaBaCapital2
Possible HSH pattern happening on EUR/GBPWhen we look at the 1H chart we can see that there is some sort if head shoulder head pattern forming here and it looks to be a valid one for me. When I get the real confirmation that this is a HSH pattern than I will be trading according to that pattern and we could be making some good profits then. Let's keep an eye out for it and see when we have the chance of going short. Everything that you see on my profile is just for educational purposes only. If you have any questions feel free to send me a message.
Short
by MaBaCapital2
3
TRADE OF THE WEEK | Great Short Trade💰 Hey traders, For the last 2 week, we were patiently waiting for a test of a major falling trend line on a daily on GBPUSD. Once the market reached that, we were patiently waiting for a confirmation. On a Tuesday's live stream, we spotted a cute double top formation and a confirmed neckline breakout. Short position was opened on a retest. Our target was the closest key support. +180 pips of pure profit! ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Short
by VasilyTrader
3