Trendcontinuation
CADJPY - Bearish DivergenceHi Traders!
The market was moving in a strong uptrend.
Then it lost price action and lost the volatility.
Now its moving in a "box" and the market is preparing a breakout.
We expect the market to breakout bearish, because we can see a divergence.
Alternativly it could break out bullish too, because the RSI isn't oversold and it would continue the trend.
Thanks and good luck!
EURCAD - SELLTrend conntinuation/VSA Trade - On the 14th of Aug there was a high volume of supply that came in on the 4hr timeframe which sent price dropping well over 200pips, we now have a 38.2% retracement of that move where price has just put in a VSA Trap Upmove which rejected the 50ema and engulfed the last 40hrs of trading. I'm expecting price to trade lower to it's next key level of 1.45000 where I'll be taking partial profits and moving stops to breakeven and if price should break that key level I'll expect it to drop further to 1.43990.
EURUSD - Downtrend ContinuationHi Traders!
The market was moving in a downtrend until it reached the level 1.09300.
Then it pullbacked up until the level 1.10300.
We expect the market to either break out the resistance or continue the downtrend.
We recommend to sell the swing low with a risk-to-reward ratio of 1 to 4.
Thanks and good luck :)!
GBPCAD - SELLBreak and retest of 4hr continuation pattern. There was also a massive double top inside the continuation pattern and price broke and closed below the neckline. There was massive volume that came in on Friday in the form of an Upthrust on the 1hr timeframe which sent price down and now a 50% retrace of that move to has caused price to reject of the 50 fib and 50 ema level putting in another upthrust and a confirmed bearish candle after. I’m expecting price to trade lower to 1.60000 if it all plays out accordingly.
EURUSD - SELLTrend continuation to the downside. Selling volume came in on the 26th followed by a move to the downside and now we have a 38.2 retracement and rejection at the 50 EMA with a confirmed Upthrust. Expecting price to reach the 1.1000 Key level with partial profits taken at 1.10298 and stops moved to breakeven as price can turn around from this point.
SILVER Trend continuationhow safe is this spot to enter ?
is it likely to lose momentum and reverse or will it complete the run to the other zone.
to have profited one would have entered at the zone at the bottom and after the consolidation on the resistance line. 2 opportunities for a longterm trade. candle sizes remain consistent and healthy , next week continuation or not?????
feedback
GBPCAD BULLISH CONTINUATIONThe Pound is Aggressively pushing higher and higher breaking Key Levels of Structure showing us the Pound is not slowing down and if it does, it will be an exhaustion. I'm highly interested to find Trend Continuation Confirmations at our Swap Level which is our Support in our Bullish Parallel Channel also this level being a 50% Retracement.
AUDJPY TREND CONTINUATION OR REVERSAL????Looking at a possible trend continuation on the AussieYen, we are in a major downtrend which leads me to believe that price made it this far below for the 3rd time, price may very well reject off it's previous swing low and continue to our Daily Support. Let's say price does continue short and price rallies at our support, we can then find Bullish reversal confirmations using a Consolidation Breakout Strategy with compliments of multiple time frame confluence, being patient and allowing the market to present us with more confirmations such as reversal candlestick confirmation in higher time frames and showing us buyers are entering the market thus not allowing price to drop lower.
USDCAD SHORT OPPORTUNITYIn Higher Time Frames (Monthly/Weekly) this pair broke out of an ascending trend then experienced big pushes down from sellers because our Daily Resistance is at a 61.8% Fibonacci Retracement of that breakout impulse. My bias on the US Dollar/Canadian is to continue shorting this position if price action presents itself accordingly, my interest in this pair is the short opportunity if price breaks below our next structure level then we can find reason to enter the market with Reversal confirmation at the pull back to structure.
GBPCAD SHORT OPPORTUNITYBeing in a Bearish Market, we see Price Action showing us that if price breaks below our outlined swap level. An opportunity to continue short may arise after Breaking Support and having Reversal Candlestick Pattern Confirmation at the pull back is a simple but very consistent strategy to find trend continuations.
Support turns into Resistance, Resistance turns into Support - SWAP LEVELS
S&P / NZX 50 Index Gross - Risk RewardNZX:NZ50G
These trades are the ones that change your account tremendously.
You can trade with technical analysis, with fundamental analysis, with quantitative analysis.
What counts is having Risk Reward and Winrate that determine a positive Profit Factor on your strategies and therefore a growth on a statistical basis.
FSLR - Bullish trend since Nov 2018, Buy the DipBought the fear of trade war Yuan news, looking for a long term uptrend with medium term healthy swings within a steady channel.
Looking to swing trade tops and bottoms as long as we are in the parallel channel.
I look for opportunity in stable range, slow volatility, good entry / exit points and also it helps if the company seems well placed for the current zeitgeist.
The trick is to have overall diversification of assets, but also enough of these monthly plays that allows a higher frequency of trades.