Trendcontinuation
GBPJPY - Long - Continuation PatternAfter impulse move to the upside with momentum, I'm seeing this bullish continuation pattern (flag) and look to take entry on this bullish retracement candle at the hour close.
The pair is in an overall uptrend and I foresee some good gains.
Please trade responsibly and manage your risk, manage the trade and move your stop loss accordingly to maximise profits
EURJPY > Looking for Trend Continuation Entry!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #EURJPY
Hello friends,
have been trending very well the same as the USDJPY idea posted today, now I am looking for a trend continuation entry target for the highs again as I believe we still have room to the upside.
first, possible entry is near the first support level I will look for the bearish movement turning to bullish on the lower time frame to get in a buy trade.
if the first scenario did not work, I will still be interested in buy this market near the second support level which is my preference because the risk to reward will be very favorable to me, but sure first I will try to get in the first trade if provided me a reason to enter
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
NZDCHF > A Buy Setup Could Be Worth a 90pips!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #NZDCHF
Hello friends,
this market is in a nice uptrend and I believe there is still room for the upside so I am looking to buy.
if the market retrace to the buy zone I will drop a one-time frame looking for a rotation pattern that meets my rules to enter in a good risk to reward but trade targeting the previous high trade could be worth 90 pips
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
EURAUD > A Simple Trend Continuation Setup!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #EURAUD
Hello friends,
it is clear with this market the move is still to the downside and I am still predicting a move to test 1.5300, so I will be looking for a chance to sell this market, and here is what I want to see.
>>> markets make a retracement to the recent structure, then I will start to see if any of my strategies will be valid to enter a sell trade targeting the recent low and maybe Extention to target 2 near 1.5300.
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
NZDUSD > Comprehensive Analysis for 2 Long Setups!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #NZDUSD
Hello friends,
This pair keeps surprising me with its strength, do you know it has rallied 33% in the last 12 months.
I am now looking for the pair to make a retest to what was a very strong resistance level now turned to support, where will be looking for buying opportunity on the lower time frame targeting the recent highs.
another way to look for abuy is if the market breaks out to a new high, then we can look for the market to make a retest and look for a buy setup.
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
GBPJPY > Very Strong Pound Might Continue Up!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #GBPJPY
Hello friends,
another pound pair is very strong recently the GBPJPY and it might continue to rally up in the short term,
right now the price is testing structure support, a level which the market recently broke out, and as we know the market tends to retest those levels which might turn to support.
I am watching the market on the lower time frame looking for a valid reason with confirmation that the market is moving higher and we are shifting from bearish to bullish, otherwise, the market might continue to move lower to test 147.50-147.30
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
Next step for AUDUSD?Whilst the USD has gained some ground back from it's 12 month decline AUD is still bullish.
After retracing it has finally broken the resistance level.
If we can retest this level I will look for a trend continuation trade to the next highs. Simple trade idea backed up with AUD strength across the board.
What do you think? Can AUD continue it's bullish push?
GBPCHF > Big Buy Trade Might Be Setting Up!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #GBPCHF
Hello friends,
the market did break and closed above a significant resistance structure level and now we can expect the market to move to 1.2500-1.2530, which is 200 pips from here.
the question now how to get involved in a buy trade?
First, I want to see the market in the lower time frame pulling deeper into the support zone to a place I can comfortably enter with A good risk to reward and hide my stop in a good place.
This a potential big trade with a potential big profit, I will certainly keep an eye on this setup
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
BTC to hit 26k-22k for a good bounceWe expect that RSI will creates LL and Price creates HL within .5 RED (26k) and .618 REd (22k) and might create a wick in the support/buy zone (17k-19k).
We can bounce to .5 RED then to .382 RED before .618 RED
Weekly Still Overbought
Unless price goes lower below support/buy zone (green box), continuation is valid
Disclaimer: I am not qualified to offer investment, legal, or any other advice nor am I trying to do so.
All my posts are my own opinion and any decisions, investments, or risks you take as a result of following my posts are your own responsibility.
I cannot be held responsible for any decisions you make as a result of following my posts.
GBPUSD - Trend-Continuation Trade - Buildup at ResistanceHi Traders!
The market is in an overall Uptrend.
Here are the screenshots for the several Timeframes.
If you want to have something explained in more detail, don't hesitate to write a comment!
Timeframes: W1 - D1 - H4 - H1
Here is the W1-TF:
This is the daily TF:
Next one is the H4-TF:
Lastly, the Entry-1H-TF:
We recommend to trade the Break with a Retest, to avoid Fake-outs.
Thanks and successful Trading :)!
CADJPY - Bearish BatThis Bat Pattern is quite a highlight for me. I'm waiting to engage this trade only after Monday 11Jan21 1200hr(+2GMT) which is 6pm Singapore time. The preferred entry price is at 81.94. A lot of people may know harmonic patterns but they aren't aware of the rules and filters that's why the results that they are getting are not optimal.
The best part of this Bearish Bat Pattern is that if it works, I may have a target stretch out to the Bullish Gartley Pattern formation on the daily chart. Look at Point C, I'm highlighting it not because of the Bat Pattern completion on the 4-hourly chart, it is more of it violating 1 of the rules of the Gartley Pattern, with that the market may fall through the Gartley Pattern and may even form a Crab Pattern, that would give me a potential target of 533pips that is looking to fulfilled as early as 26Feb2021.
USDJPY - Counter Trend Trading & Trend Continuation TradingHi Traders!
The market is in an overall Downtrend.
We are going to start the Multiple Timeframe Analysis with the Weekly TF.
Then, we'll analyse the Daily, H4 and H1 Timeframes too.
Here is the screenshot of the Weekly Timeframe:
As you can see the main thing here is the falling Wedge.
The market is moving in between those two descending Trendlines.
Why is this Wedge so powerful?
Because the price respected this Wedge more than the monthly Support:
Here we can recognize the bearish Breakout of the Support in-between the Wedge.
After the Breakout it started a consolidation.
If we have a bearish Breakout of the Consolidation Box, we expect the Target of 101.000.
At this Level the market has moved up fastly the last two times.
Let's move on to the Daily TF:
This movement of the price can be devided into four pieces:
The price moved in the falling Wedge
The price moved in the descending Triangle
The price broke out of the weekly Support and formed a "neutrale" Triangle
(it is neither ascending nor descending)
The price moves in the consolidation box.
Now we have two possible scenarios that the price could take:
- Scenario 1:
The price jumpes off the Support and reaches the blue dotted line.
This line represents the Level of Breakout.
The idea is here to trade the Retracement Movement to make the Retest.
- Scenario 2:
It is also possible, that the market breaks out bearish.
Than the Target would be the Level 101.000.
It is important to trade here the Retest of the bearish Breakout to avoid a False Break.
Let's move on to the H4-TF:
Here, the price moves in a Parallel Channel.
We have two possible Trading Setups here:
The Counter Trend Trade
In this Setup, we buy the bullish Breakout of the Parallel Channel.
The reason is to profit from the Retracement Move.
The Trend Continuation Trade
When the market finally reaches this orange Area, we are going to wait for a Trend Reversal (Candlestick) Pattern.
Then we sell the price with the Trend towards the Bottom of the big main Consolidation Box.
Lastly the H1-Entry-Timeframe:
Here we explain the details for the Setup for the Counter Trend Trade.
As you can see the price is now in a Triangle.
So, we can have two Entries:
- Entry 1 is at the bullish Breakout of the H1-Triangle.
- Entry 2 is the bullish Breakout of the Parallel Channel.
The SL for Entry 1 is below the recent low.
The SL for Entry 2 is depending on how the price gets to make this Breakout and the SL could be below one of these potential higher Lows.
The Target is the Area around the blue dotted Breakout Level.
We recommend to trade with a small risk if you counter trend trade.
Thanks and successful Trading :)!
USDCAD - Wait/Trade the Pullback & Trade Trend-ContinuationHi Traders!
The market is in an overall Downtrend.
We'll start the Multiple Timeframe Analyis with the Weekly.
Here is it:
As you can see, we firstly had an Uptrend.
It made a Trending Move, then it consolidated in the wedge before moving higher.
After that, it came back all the way down to the Wedge Level.
Recently, it even broke this level too, which results a cancellation of the Up-Trend.
Let's move on to the Daily-TF:
Here you can see how the market broke the Level.
It moved in a descending Triangle, then it made lower Lows and eventually broke out.
Now we can consider the Weekly Trendline.
We should wait for the Pullback, because the pair often comes back to the Trendline.
In addition, by trading near this important structure, we can set our SL above the "safe" Weekly Trendline.
Let us move on further to the H4-TF:
After the bearish Breakout of the Structure Level, we can identify this important descending Parallel Channel.
We expect a Pullback to the Level 1.28500 or - in case of a Range - until the market reaches the Trendline.
You can either trade or wait for the Pullback, but this idea is
only on trading the Trend Continuation after the Pullback.
Lastly, here is the H1-Timeframe:
The most important thing is now to wait (when you want to trade the Continuation).
We have to observe the situation to evaluate the Price Action.
It is also possible, that the market moves down lower without a Pullback, but the likelihood isn't high.
We recommend to trade in the direction of the Trend.
Thanks and successful Trading :)!
EURGBP > Trend Continuation Setup, Waiting for Entry Reason!!Analysis of #EURGBP
Hello friends,
As you can see this a new uptrend for me with confirmation, so I will be looking for a trend continuation entry that meets my rules anywhere inside the previous swing.
I hope this idea earns your likes and comments, that will really support me to keep providing you valuable analysis
Really appreciate your support and feedback
Check today analysis below⠀
_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You
EURUSD - Bullish Continuation HigherSo we finally violated the 1.20 level on EURUSD which allows me to make a prediction that price is likely t go higher. IF we go higher then the next level that may prove to be resistance is from way back in 2018 & ranges from 1.22's to 1.25's Look for a period of relief before the next extension higher, so either a sideways tight consolidation or a retracement into previous structure resistance that may now act as support back at the 1.20 level.
As always feel free to leave me any questions or comments below & of course if you want to share your idea that is great as well as it will help members of this community learn about different ways to look at different charts.
Wishing you guys a great week! - Akil
Trade #4 / Tuesday, November 1, 2020 / 8:31PM / Sell ES Trade #4 / Tuesday, November 1, 2020 / 8:31PM / Sell ES
Overall trend is bearish on 5 minutes
Trend continuation trade
Market consolidated after push
1 - 2 risk and reward ratio
Target is right before key support level
Stop loss is 1.5 ATR above last consolidation high