Swingtrader
EUR/AUD Buy/Long Trade Here we can see EUR AUD has been in a strong downtrend making lower highs and lower lows at bottom resistance level we can see price cannot break below it any further and make any new lows. So now descending trendline has been broken and currently on the break and retest where it lines up with our favourable fib zone. Great R:R as well.
Double Bottom & Double Top In Daily BTC/USD Chart,What's Next?hello guys,
if you see in this daily btc/usd chart, the pattern was forming well in both double bottom & top in the last 2 month.
i guess, it will breakout soon to around $3800 - $4000 resistance area rather than breakdown depends on the Rsi indictors which steadily upward & the daily candles which defending the 0.618 fibonacci ratio.
but you must cautiously set the stop loss if the support breaking, if so,it will drown to the next support area around $3200.
educational purpose only, not financial advice.
like & share if this helpful :)
Short Entry, H4 AUDCADDaily dominant candle break down. H4 engulfing candlestick pattern, high risk/rewards ratio.
Buy Entry, H1 AUDJPYH4 Dominant candle break up. Multiple bullish candlestick patterns in H1 chart (blue circled).
Long Entry, Daily USDCHFDaily swing point 1 broken, engulfing candlestick pattern on daily support level.
Entry on daily or wait for buy setup on lower time-frame.
Long on calls off previous supportPYPL looks relatively strong compared to the rest of the market. I think a retest of the $89 area is a good entry for a possible U turn back up to new ATHs. Giving it a wide stop.
Time to Long /Daily ReversingCandlestick has break daily swing point 1, high possibility of daily trend reverse. Good time to look for buy entry in lower time-frame.
Short Entry, H4 EURAUDDaily swing point 1 break, downtrend candlestick pattern (long tail pin bar).
H4 engulfing short entry.
IQ long swing with some callsIQ finally breaking up out of its consolidation just below the previous IPO all-time low. A lot of volume coming in on Friday. Any retest I expect to be bought. IQ might gap up tomorrow with the after-hours activity.
NZDCAD - Swing Trading Set UpPrice is currently in a descending channel testing the channel support and resistance multiple times. However, price is now testing channel resistance as well as a resistance level (which was previously support but now is a key resistance in the market). Price action is stating three rejections and now has formed three 'Shooting Star' Japanese candlesticks which is a strong indicator of bearish pressure holding price below this resistance level. This set up is providing strong evidence of a reversal in the market to go short.
POSSIBLE LONG-TERM BULLISH TRAD IDEA ON USDNOKPrice broke out of the ABC correction counter trend line which is also the neckline of a double bottom pattern.
.
Price has the potential to move towards the resistance level after it broken out of the correction with an impulsive wave 1-5 and retested the broken structure with an ABC zigzag pattern.
.
Considering that the price has broken out if the ABC zigzag CTL, we will just have to let the market decide it's move.
.
Best of luck on the chart!
GBPJPY : LONG : DAILY #FREEMONEY #EVERYTIME #LETSRUNITBACKDaddy has been doing this for a while, you can trust me. I haven't completely left forex or anything, I just had to lose my entire life savings in cryptocurrency in order to realize there is no gateway to heaven for an extended amount of time. When crypto opens those legs again I will be there <3 In the meantime GJ is looking too good for me to miss out. If we break this area that we're currently testing we'll be heading to 140 zone, otherwise lets ride this to 150. (Beware of congestion) When you hit profit remember who put you on
AUDUSD - BULLISH CONTINUATION TRADE SETUP (SECOND ENTRY)I'm revisiting the AUDUSD bullish trend continuation trade setup. After the first setup I posted earlier shy few pips from our 1:4.1 TP zone, we had a slight pullback to the broken daily swing level. Since the price has made a decent retracement to our confluence level and gives us an excellent Counter Trend Line placement, we have the potential to see a further leg up after the proper break of our CTL.
Find the link to the previous analysis below.
Thanks for reading.
CHFJPY H4 - TREND REVERSAL TRADE SETUPIn the CHFJPY H4 chart above, the price made a strong down move followed by an inverted Head & Shoulder pattern.
Price reversed from the weekly support level as well as 78.6 Fib ratio to complete the right shoulder of the H&S pattern, and it broke out of Counter Trend Line (CTL).
Price made a double bottom on the support level before the breakout of CTL which indicate that the market has the potential to complete the head and shoulder reversal setup.
Since we have a confirmation entry on this, we just have to be patient and give it time to play out as planned.
Thanks for reading!
AUDUSD possible long 4HR
Awaiting a breakout of my box zone
on daily we got a nice bullish engulfing
MA's are slowly forming a crossover
dollar seems weak lets see how far we can go
A CLEAR BREAK AND RETEST CONTINUATION TRADE ON AUDNZDAfter the break of range zone, price retraced back and retest the broken level which is also aligned with dynamic resistance (mean value), 50.0 Fib, and weekly resistance. Our goal is to look for continuation trade after the breakout of the counter trend line (CTL). Now we have the break and retest of the bearish CTL, we give a shot for short. Entry, Stop Loss and Target are clearly defined on chart.
Trading levels for 10/18/2018The market is struggling to make HH's in the 2H chart, regardless I would like to see a rally to the structure resistance around 7420 to start some shorts, my sweet spot would be R3, but we will have to see if the bulls have what it takes. In the other hand, i don't think i will be looking to start a long position, i think that a break of the short-term ascending trendline can change things rapidly.
Please keep in mind that these are not trading signals, use your own analysis before taking any trades.
PLAN YOUR TRADE AND TRADE YOUR PLAN
K.R.S.
Bullish on GERN, Possible Double Bottom?Possible Double Bottom at $5.10
Stock looks like its ready to run and run fast
If $5.10 can represent the low going forward, we break above multi-year resistance of $6.50 and hold;
might get a double here!
Time will tell.
Bullish on NKEDespite the political rhetoric, stock has a bullish setup
3-4 years of consolidation, followed by a break out
a few more months of consolidation, followed by another break out
currently in an uptrend
May experience some slight pullbacks but overall, bullish.
Salt has pumped and you better not chase it yet and waitSalt has pumped that is nice. People will take profit. You need to calm down before you can get in. Looking for entry around 850 sats below and looking to sell around 9xx sats - 1059 sats.
