as I Expected OIL Made Sideways Trend and Sideways Continuesthe detail is shown on the above Idea.
in the previous Idea, I expected that oil had a sideways trend and now this trend Continues to Break Wedge.
Sideways
FCPO TRADING : 172) sideway or slowly upthis is haidojo and the number is 172...
after some bearish-engulfing pattern in candlesticks yesterday dan a fall close to 70pts. Today, fcpo-dec resumes its fall to close to 2900...
however, it is still indecisive whether the market has reversed its trend or juz a mere correction after hitting a major resistance region of 3100-3130...the support of 2800 must be watched closely...it is the main-marker to decide whether the market is bullish or bearish...
higher resistance : 3100-3130
immediate resistance : 3030
support : 2900
WARNING!
RISK DISCLAIMER : this is juz a trading idea...trading stocks, futures or forex might incur a huge risk to your account/funds… DON’T LOSE MONEY THAT YOU CANNOT AFFORD …any idea(s) of trading in this episode SHALL NOT be regarded as a hint of BUYING or SELLING . It is MERELY a trading journal and it has been used for educational purpose only… trade at your own risk!
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1D XAUUSD SIDEWAY TRADINGHello traders
looking at chart trend is still uptrend /MACD hologram,RSI 50+, Resistance was broken/ but price in sideway box. I think my advice is if you want make money gold trading wait for break box.
NEVER FORGET GOLL STILL UP TREND
USDCHF Sideways Channel USDCHF is in a sideways channel looking to fall to support and bounce to the top for a possible breakout.
Intraday Range is HoldingIn last week's trade ideas we looked at this pair and the potential for price to move into the yearly highs.
After testing these highs, price formed a daily chart bearish pin bar reversal and price moved right back into the consolidation and sideways range.
As the 4 hour chart shows; price is now hovering around the intraday support level.
The intraday charts are very sideways and whilst they stay this way trades can be hunted on both sides of the markets from the major levels.
Can Price Break / Continue This Week?Whilst price has been trending strongly higher for the bulk of this year, in recent weeks the trend has ground to a halt.
As the attached 4 hour chart shows; price is very sideways on the intraday charts.
This can be a tricky time to look for trades because inside this range is a lot of choppy price action.
The best play for conservative traders could be to wait for a breakout of these levels and to see if the trend continues which would then pave the way for long trades.
Thanks for your like and support...
Consolidation Choppy Price Action Taking PlaceThis pair has been choppy and sideways all year.
The past few weeks have been no different. After a huge daily chart bearish engulfing bar, price went right back to forming an inside bar and going nowhere.
Whilst price is very sideways there are still trading opportunities. The best plays look to be trading both sides of the market from the range high and low looking for reversals back into the range.
Thanks for your like and Support.
Sideways until the end of October?Hello, traders.
Today's question is pretty simple, does the history repeats itself?
Because if they do, we can predict the price more certainly about the next movement, see this example on BITCOIN:
After an almost 50% raise, the BTC started an accumulation pattern which took approximately 88 days to begin a new impulsive wave, which made the price rise almost 40%, and after that, the price started a new accumulation phase that is happening right now.
So if the history repeats itself, we can expect another big sideways movement until the end of October.
And another 40% - 50% rise is expected.
Best Regards.
Wait bounce from 221Istanbul indicator shows important levels for us. Channel between 221 to 245 works more than 3 time for MATICBTC. Maybe works again. Wait bounce from 221 to open long position.
Ranging Market on GBPAUD. Chance for a nice BUYHey folks! We have a nice position to enter for a LONG on the GBPAUD chart. The market is moving sideways. Hoping for a reversal on current price level and reach the TP1, TP2 and much more :) Good luck my boys and girls!!
Waiting for a clear break outAfter making a nice trend higher on the daily chart, price has stalled into a sideways box pattern.
After trying to make a breakout higher that ended in a fakeout, price is very much stuck at the moment.
The best play looks to be to watch this pair until price makes a clear break out of this congestion and shows some clearer price action.
Moving Sideways With MACD below centrelineThe support and resistance level of MYEG are 1.35 and 1.44 respectively.
It is observed the MACD line of MYEG is below the centreline indicating some degree of weakness in the price movement
Resistance 1 : 1.53 (8.86%)
Resistance 2 : 1.57
Support 1 : 1.35 (-4.33%)
Support 2 : 1.3
Descending Triangle with Sideways ETA 6 Oct 2020JFTECH has been trading above its upward sloping 20-Day Moving Average which is a good sign.
It is important to calculate the risk/reward as the recent upward movement has pushed the price to be quite far from the support level of 2.89.
Resistance 1 : 3.65 (3.74%)
Resistance 2 : 3.7
Support 1 : 2.89 (-17.81%)
Support 2 : 2.83
Descending Triangle prediction at 21 Aug 2020.
Possible bearish price movement towards the resistance 2.89 within the next 118 days (30 bars : ETA 6 Oct 2020).
Descending Triangle with Sideways ETA 16 Dec 2020The support and resistance level of Kossan are 12.32 and 17.1 respectively.
It is observed that the MACD line of KOSSAN is above the centreline indicating some degree of strength in the price movement.
Resistance 1 : 17.1 (4.46%)
Resistance 2 : 17.46
Support 1 : 12.32 (-24.58%)
Support 2 : 11.96
Descending Triangle prediction at 21 Aug 2020.
Possible bearish price movement towards the resistance 12.32 within the next 118 days (81 bars : ETA 16 Dec 2020).
INTC - Crosses over lower Keltner channel Intel Corp ( NASDAQ:INTC ) was one of those stocks that recently dipped post earnings. Adding fuel to that fire, was a recent departure of one of their engineering executives and a securities class action lawsuit. At that time we posted an article called "Buy the Dip?" Where I was talking about how it would better to wait for price action to come back into the lower keltner channel before considering any long positions on INTC. However a few weeks have passed since the dip and now the stock has crossed into the lower keltner channel. Usually, when a stock goes through a big dip I have found that it will begin oscilatting between the Keltner channel bands sometimes extending into the bollinger bands. So. I would like to see if INTC goes up to the upper keltner or bollinger bands within the next week.
EURUSD - Easy Range-Trading Setup - with MTFAHi Traders!
The market is in an Uptrend.
Let's begin with the Daily Timeframe:
Here you can see the market is making trending moves with high price action.
In addition it is moving in a Range.
In this moment we are at a consolidation.
Now we move further to the next H4-timeframe:
Here you can see the Reange closed up.
The two main areas are:
The Support at 1.17064 and
the Resistance at 1.19117.
Another indication for a Ranging Market is, when the 50MA starts to wobble around price.
Then it is not in a Trend but in a Range.
Now discover how to enter this market (H1-Timeframe):
As you can see on the lower Timeframe it seems to be in an Uptrend.
It is making a trending Moves and Retracement Moves.
So, the goal is to get a Trend Reversal Pattern at the Resistance.
You can combine that with the break of the channel or the crossover of the 20MA.
We recommend to trade the market still carefully, because we are counter trend trading.
Thanks and successful Trading :)!
EUR/CHF: Sideway Movement We Need Break To Decide Our DirectionThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/AUD: +135 Pips Congratulation Everyone Who Entered My SignalThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBPAUD: If You Trade Sideways You Will Like This Idea This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
CADJPY breaking the range 🦐The market after being in a sideway movement for a long time is now breaking to the upside the daily resistance.
On the daily chart we can see the false break out attempt to the downside before the market start the move up.
At the retest of the structure we can set a nice long order according with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
[Currencies] Markets shifting phase, no money to be madeThe second half of July was fun. But now it is over. It is either time for some vacations, or some research & self-improvement.
Gold & Silver, Bitcoin, and major governement fiat currencies - usd pairs - are taking a break from their trends (if we can call this a trend for BTC).
I do not think there will be anything interesting in the coming days or weeks...
For my part other that those currencies I also look at some crosses regularly (with jpy I even only do crosses I don't even trade usdjpy), as well as a few commodities (Oil NatGas Copper).
Who knows, there might be something?
Commodities
Crosses
"Exotics" and crosses
Nothing too crazy.
I don't want to go completely analyse every 20 non usd currency pair I can think of.
And I'm thinking "is this good or not can't tell", if you have to ask this question then it is not good enough.
EURJPY could be interesting, better keep an eye on it this week.
Going to look at some old charts and do some self improvement.
The bull trap takes its victims! Be careful!I have mentioned sometimes that above 11.000 the bulls will be victims. As I say in the Closer to the frontline idea: " I would like to see even a failed breakout, and then after a huge reversal." and now I can not say anything else.
Maybe we saw the failed breakout and now the continuing should happen in a good and clear reversal pattern. Because of the C wave corrective structure, now I am forecasting a sideways triangle in the next month. Which next wave is the D wave down in three waves structure. The possible target could be around 6000 with a little higher high against 3900. We will see...
The lower time frame I am focusing on rising corrections which create the chance
