Next Level To Add To GBPUSD Short Is 1.3080 But..Next Level To Add To GBPUSD Short Is 1.3080 But..
We must have a strop loss above 61.8 Fib level i.e. 1.32547
Target1: 1.2900
Target2: 1.2696
Target3: 1.2550
Trendcontinuation
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 :)!
GBPUSD-Weekly Market Analysis-Dec19,Wk3As expected, the bullish flag(chart on the link on related ideas), focus on the bullish flag) is going to make its dealing. This is of course due to the UK General Election of the Conservative party winning the majority seats, which I've mentioned in my previous analysis.
Congrats to those who have engaged the trade. At this moment, I'm waiting for a retracement into the buy zone and engage in a longer-term trade.
EURPLN - D - H4 TRENDFOLLOWING - TOP CR 5.99HELLO COMMUNITY,
HERE IS MY LONG IDEA FOR THE EURPLN / EURO - POLISH ZLOTY.
IF YOU LIKE MY IDEAS THEN PLEASE LEAVE A LIKE AND FOLLOW ME.
1. STRONG SUPPORT
2. THE BULLS COME IN THE MARKET
3. HIGHER LOW
4. H4 UP TREND
5. MY ORDER
BEST REGARDS
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.
EURNOK Short IdeaLast week finally closed out with a breakout of Price is Major Uptrend Channel. Will be waiting for an exhaustion after price plummets bearish, Fibonacci retracement and Extension will be key in this trading idea with the 38% lining up with our retest of breakout trendline and showing a major continuation in bearish trend.
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.
Trade Ideas Position: AUDCAD GartleyA bearish gartley setup on a trend trading opportunity that was spotted by HPA. Trade waiting for confirmation to engage.
NZDCAD LONG CONTIUATIONThis pair tends to make double bottoms every swing low before continuing, so far price hasn't achieved one at Support which was our heavy Resistance before hand. An engulfing candle/ Bullish momentum would be a great indication that Buyers are in fact entering this area.
GBPNZD SHORT OPPORTUNITY Using Structural Trading Analysis, I'd like to see price break its support and speculate 4hr time frame price action to find a reason to enter this bearish continuation.
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.
GBPNZD Documented tradeThis is a Type 2 trade we took into today's training room. which we all closed for approximately 25 pips. Good solid trade, nothing fancy, just putting money in the account,
USD JPY Potential Trend Continuation (Bullish)Having just pushed through a resistance zone, we are currently retracing back with the potential for a continuation to the upside.
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
Trade Ideas Educator: GBPJPY BatA bullish bat setup within the buy zone, I will give more attention to this setup when the candle breaks and close below point B.
This forms an potential for trend continuation to the bearish shark pattern on 1-hourly chart or a bearish bat on the daily chart.
GBPUSD-Weekly Market Analysis-Nov19,Wk2A flag pattern forms up on GBPUSD for a trend continuation and breakout trading opportunity. Waiting for a price confirmation to engage the trade.
USDCHF - Pullback Trade for Trend ContinuationHi Traders!
As you can see the market is ranging in a channel.
We expect a breakout out of the channel for a pullback to 0.99000.
After the pullback there could be a long trade, because of the strong trend.
We recommmend to trade wether the breakout or the trend continuation!
Thanks and good luck :)!
EURUSD Potential uptrend continuationWait wait and Patience... When the market opens, Price Action will tell us
EURUSD UptrendWe can enter the trade here or we can wait for the 0.5 fibo level of the last wave but I think this green zone is the best for enter the long trade on EURUSD, I don't think it's going to fall to 0.5 fibo level.
CRUDE OIL: Daytrade-OpportunityHey tradomaniacs,
welcome to another free signal of Week 43 Nr.3
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Type: Daytrade
Market Buy: 54,21
Stop-Loss: 53,94
Target 1: 54,48
Target 2: 54,67
Target 3: 54,83
Stop-Loss: 27 pips
Risk: 1-2%
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
major resistance price at major resistance in a down trend, also we can see good bearish candle breaking previous day low
Trade Ideas Position: NZDUSD SharkA bullish shark set up to tackle the sideway increase volatility that was deemed untradable in the past before equiped with the right knowledge of shark pattern.
Pending Order set, waiting for engagement of this shark pattern.
