Get started

Structureanalysis

EURGBP Trend Continuation Pattern - Full AnalysisIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me. Hey guys welcome back for some more chart analysis practice! I wanted to go ahead and do my very first Tradingview video and show you guys a very in-depth view on how I analyse the markets, particularly on the EURGBP trend continuation trade that I am involved with. In this video, I show you guys a potential head and shoulders pattern that may be forming, talk about the importance of shifting your analysis when you are wrong, and not being tied to one particular market direction. Enjoy! Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day. Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
Short
by Matthew_Spositi
GBPJPY Trend Continuation PatternWelcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on GBPJPY. Here as you can see, the market broke below the previous lows of 130.66 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 131.70. Since my entry got hit, I put my stop loss 10 pips above the most recent high @ 133.28, and my target @ 129.35. So, to be completely honest with you guys, I posted this trade a while ago and a lot of my posts got blocked due to violation of the house rules, which in my defense, I wasn't aware I was even violating. So I am going back and re-posting some of my ideas that got taken down. Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day. Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
Short
by Matthew_Spositi
GBPCHF Trend Continuation PatternWelcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on GBPCHF. Here as you can see, the market broke above the previous highs of 1.1935 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1.1849. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ 1.1765, and my target @ 1.1962. While this trade came to fruition before I could post it, it fortunately was a winning trade. Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day. Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
Long
by Matthew_Spositi
2
GBPAUD Trend Continuation PatternWelcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on GBPAUD . Here as you can see, the market broke below the previous lows of 1.8524 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1.8617. Since my entry got hit, I put my stop loss 10 pips above the most recent high @ 1.8730, and my target @ 1.8485. While this trade came to fruition before I could post it, it fortunately was a winning trade. Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day. Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
Short
by Matthew_Spositi
EURAUD Trend Continuation PatternWelcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on EURAUD . Here as you can see, the market broke below the previous lows of 1.6532 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1.6724. Since my entry got hit, I put my stop loss 10 pips above the most recent high @ 1.6902, and my target @ 1.6471. While this trade came to fruition before I could post it, it fortunately was a winning trade. Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day. Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
Short
by Matthew_Spositi
3
AUDUSD Trend Continuation PatternWelcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on AUDUSD . Here as you can see, the market broke above the previous highs of .6616 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ .6572. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ .6495, and my target @ .6674. While this trade came to fruition before I could post it, it fortunately was a winning trade. Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day. Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
Long
by Matthew_Spositi
AUDCAD Trend Continuation PatternWelcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on AUDCAD . Here as you can see, the market broke above the previous highs of .9142 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ .9091. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ .9014, and my target @ .9196. So far, This looks like a pretty clear cut trend continuation pattern. That being said, we'll just have to cross our fingers and wait and see what happens. Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day. Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
Long
by Matthew_Spositi
Danger In The Equities Market, Massive Sell Off May Occur!Hey Traders, there has been some significant selling in the equities market over the past week leaving the Dow down 7.5% in 6 days! On the chart above, I have labeled a few Major structure levels. For those of you who have gone through my How to read structure tutorials- we can clearly see that price has been trading within a range for a long time. That range was recently tested by the new higher high labeled on the chart above, and the test failed propelling price in the opposite direction. Since then, price has produced a weekly lower high followed by a break and close below the previous low. This leaves us with a weekly lower high, lower low situation. The next probable move would be a small rebound creating another lower high- If another lower high is created on the weekly chart, fear will surely pick up amongst Investors and there is a good possibility that we may witness a Major sell off from that point. This is purely structure analysis and nothing is confirmed yet however the recent price action shows all the characteristics of a market that is potentially reversing. If the market is to continue this way, and we receive confirmation of a reversal, I do not see how the markets will recover without a significant correction of at least 20%. For many years, people have been calling for a market crash, economic collapse, and so on however my analysis has always pointed towards trouble in the markets at the end of 2018 through 2021. If my analysis is correct, a market correction would occur throughout 2019, 2020, and possibly 2021. In this scenario I do not see the markets beginning to recover from these losses until at least 2021-2022. This analysis is based off of many different fundamentals, regarding interest rates, economic data, short term/long term cycles etc. Fundamentals only provide an outlook and are better used to determine a relative time frame for certain events, Technical Analysis however, can be used to help narrow that time frame. Judging by the current technicals, it appears as though we may be entering/approaching an Equities bear market. As for economics, I am not going to comment on that now in this post however I will touch on that subject in the near future. For now I am interested in seeing how price action unfolds over the next month or so as it will be revealing! Lets see if we can get a rebound on Monday up into the 23,000-23,500 level before a further sell off. If we do not get a rebound, then we may be looking at a famous "Black Monday".. The last scenario that could unfold is- price makes its way back up into the trading range (between the major previous high and low) and trade within that range for awhile. In my opinion the first scenario of a rebound and then sell off is the most likely to occur, while the last scenario is the most unlikely to occur. I hope this post is of value to you. If you would like me to post more on this subject please let me know in the comments section below. Please leave your feedback in the comments as well and give this post a thumbs up if you agree and/or it was helpful to you.
DJ:DJIShort
by Alec40
4
Massive Bearish Bat PatternThere is a massive potential bearish bat pattern currently setting up on the EURUSD. Now this pattern is on the Daily Time Frame, so make sure to check your risk. If you use a 1 ATR Stop, you will have 200 pips of risk. If you can handle the risk though, this is a very nice potential opportunity. This will complete at 1.11896 with minimum stops above X at 1.12989. Target 1 will be at the 38.2 Fibonacci retracement level (1.08651) and target 2 at the 61.8 retracement level (1.06646). As always, follow your plan. Good luck and good trading.
Short
by tommyb35
Understanding Structure, Support and ResistanceAs shown on the graph, structure analysis could be very useful. Resistance line: Use maximums and connect them to draw a resistance line which means that whenever price comes to this line it cannot break it, ther is a strong resistance, forming a trend. Once broken, though, it is a good opportunity to BUY and profit from price increase. Support line: Similar logic to resistance, however, this time all minimums are connected in order to establish a lower bound for price fluctuations. Once broken, it suggests that price has a strong downward momentum and traders can benefit by SELLING.
by DzhuneytYusein