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Trendcontinuation

BITCOIN looks very BULLISH - This is where you can BUYHey tradomaniacs, Bitcoin looks overall very bullish and could initiate new Up-MOMENTUM very soon in order to continue the uptrend. In this scenario I can clearly see two chance to buy Bitcoin after the breakout of the current correction in form of a FLAG-Pattern. The market is currently fighting between three significant MA`s and has shown more momentum upwards after breaking above the 200 M/A which could be our new support. The best scenario would be another re-test of 6.000 which is a high supply-zone looking at the weekly chart. We`d have a nice chance to buy Bitcoin for a low price before it should get back to 12.000 - 14.000. The second chance to buy would be the break above the current trendline and resistance-fan the market has created @ 9.000. Wait for the brekaout and a retest of the current market-structure before you buy. We see lots of bullish divergences indicating a weakness of bears here. Good Luck! =) ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
BITSTAMP:BTCUSDLong
by Trading2ez
GBPUSD - Trend Continuation - Bearish Flag + RetestHi Traders! As you can see the market is in a healthy downtrend. The market even broke out of the support at 1.29700. The candle which broke out was a very strong candle in relation to the others. That is a sign of strength in the market. After that the market retests the area with a bearish flag. If the market bounces back successfully, then there is a good chance of a trend continuation. We recommend to sell the break of the flag with a risk-to-reward of 1 to 2.5. Thanks and good luck :)!
Short
by swissmoneymakers
EurUsdEurUsd 60 put an impulsive move to the downisde breaking through support and now we are in the clear to go to lower levels of support just below. The blue zones underneath are potential extended targets you can take based on your approach. We are currently putting in some nice small rejection candles on the 60 into our previous support now resistance levels so we can see the push down from here should this strong move continue to the downside. We also have RSI oversold which is a nice sign of strength.
Short
by Lach1217
3
BASICS TECHNICAL ANALYSIS - TRENDFOLLOW FORMATIONFORMATION ANALYSIS: PRICE PATTERNS AND CHART FORMATIONS A trend setting of technical analysis is formation analysis. In doing so, certain combinations of movement and correction are considered. If such a combination is detected, the trader can try to trade the resolution of the formation. Basically, a different is made between the trend continuation formations and the trend reversal formations. They are often caused by resistance and support lines. Trend continuation pattern: Confirm the strength of a trend. These are, for example, rising / falling triangles. Even flags and pennants (see picture) are seen as a trend continuation.
COINBASE:BTCUSDEducation
by i-like-profit
CHFJPY BEARISH CONTINUATIONPrice has reached and ranged at Resistance and continued to show that Buyers are going to be able to break above this time, price then showed our first impulsive leg. After an impulse we wait for a correction, our most ideal and picture perfect entry would be at the 38% matched with whats our new resistance but I do see how price can retrace to the 61.8 % faking our and stumbling all sellers that are ready to enter at the 38%. Elliot wave rules are met if price retraces to the 61.8% then a Sell Order may be placed. Let's allow price to fluctuate then begin to look for an entry, Short.
Short
by RiosTrades
USD JPY......soaring higherFX:USDJPY making higher highs....and higher lows....continues in the uptrend on Daily charts... Look at thee candles as indicated at the end of Aug 2019, we got a signal of a positive reversal and that happened to be the bottom as well (may not necessarily be the case always) The price action has been continuously making the uptrend and watch out for retracements going ahead as long as they don't go lower than the earlier lows Love this chart! Follow the larger trend and avoid the noise! If you like what you see, please share a thumbs up and leave a comment in the section below
Long
by LoveForCharts