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Trendreversal

The moment we are all waiting for..Reversals take time. The Dollar Index has been bullsih most of 2018 and it is now showing signs of slowing down, consolidating and/or reversing to the downside. Ofcourse this will offer great opportunities for the dollar related currency pairs. Last week the trendline on the 4 hour chart got tested and rejected but at the end of the week it got broken again. There is a trend line on the bigger time frame coming up right after this one so we're nog jet in a downtrend. Over the coming weeks I'm expecting more dollar weaknes.
TVC:DXYShort
by krissur
GBPAUD LONG SETUPThere is a possibility of a GBPAUD long set up here. There is no technical pattern right now, so there is no trigger to take the trade but we are approaching a very important trend line and the bottom of a support zone Time to put GBPAUD on your watch list for the week to see if a reversal patter forms or we get a big Higher High - Higher Close when we hit the trendline. Thanks for the likes on my previous posts!! Also if you guys enjoy the content you can Follow me so I know you guys are interested!!! Thanks and Much Love<3
Long
by nick203
AUDUSD Long ideaWeekly T.F: Rompimiento de linea de tendencia semanal la cual predominaba para entradas en corto y confirmo salida para posibildad de ruptura de tendencia y nueva tendencia alcista + 78,6% de fibonacci el cual nos confirma retroceso alcista lento. Daily T.F: Doble piso + emas alcistas con ema de 21 restando en zona de soporte 0.715 + 61,8% de fibonacci correlacionado y extension fibo en -61,8% cercano a monthly res 0.755 Orden: Buy order in 0.71575 Sl: 0.70874 Tp: 0.7439 R.R: 1:4
Long
by snipertariy
Bitcoin - Spotting reversal using Price Action and EMA'sA simple idea of what to look for when we finally break this bearish trend. We see late in 2015 how the most simple price action and EMA concepts can give us an undeniable reason to start building a long position. Once price broke above PA-based resistance, we got a retest of both the PA and the 55 EMA, we also see that the EMA's has flipped to bullish formation and the inability for daily candles to close back inside the noted level of price. Not taking that long would have been a huge mistake. No risk, no reward, right? So what about price right now? We simply look for the same indications, we let the chart do the work. Price action resistance must turn support, the EMA's must flip, and at that point in time, it will be time to start thinking big. Idea by Jack
BNC:BLX
by TradrzHQ
AUDUSD Breakout from Major DowntrendLast week this pair showed a lot of buyers strength and broke the major downtrend that started back in January 2018 after a major bounce of a double bottom pattern at the .705 price handle. I see price moving up further to test the 100% retracement with some selling coming in play down to test the 618 retrace before bouncing up to the 1.272 extension with major structure confluence at the .736 price level. This could be a major trend change for the coming months.
Long
by TheCaffeinatedTrader
1
BEARISH TREND CONTINUATION TRADE/H&S REVERSAL SETUP ON GBPJPYGBPJPY is in a clear bearish trend, and price is just about to retest the neckline of broken head & shoulder pattern which aligned with 61.8 Fib, daily resistance zone, and mean value. Our goal is to find a short entry, with that in mind, we wait for a clear break of Counter Trend Line (CTL) for entry. There is currently two CTL on the chart, the break of the short-term CTL that's close to price will be used for an aggressive entry while the CTL that's extended from current price action can be used for a conservative entry. NOTE: A strong bullish close above the resistance zone and desecing trendline will invalidate this setup. If you like this kind of content/trade idea, kindly leave comment and follow me.
Short
by Veejahbee
EURUSD Bullish Signals - LONGOANDA:EURUSD Timeframe: 1H BULLISH SIGNALS 1. Bullish Pennant 2. MA10 reversal 3. Oversold 4. TVC:DXY bearish signals WAIT FOR 1. Pennant breakout 2. Next higher low + higher high TP1: 1.1634 (~30 pips - RRR: ~3:1) TP2: 1.1669 (~65 pips - RRR: ~5:1) TP3: 1.1699 (~95 pips - RRR: ~8:1) TP4: TRAIL stop after TP3 with 120 points STOP-LOSS: 2 pips below the lowest low of the last 3 candles after the breakout RISK: ~12 pips TIPS Move your stop accordingly TP1: Break-even TP2: TP1 TP3: TP2 TP3+12 pips: TP3 Disclaimer The information provided is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.
Long
by AtillaYurtseven
BABA is showing signs of lifeWith respect to the tradingview community there are several instances when the majority of opinions on any given security are sell when it is probably time to buy and vice versa. In my humble opinion the former scenario is in play as far as BABA is concerned, short term at least. We see a loosely formed inverse head and shoulders (there is not a clear right shoulder but price action may qualify) with an upward sloping neckline (very bullish), as well as renewed volume coming into the stock, and the Awesome Oscillator showing that a trend reversal may be happening as of now. In roughly 1-2 weeks time we will have more data to analyze, lets see what happens.
NYSE:BABALong
by TNasr
2
CHATBTC off to the races soon! Santa's been filling his bag!Analysis: Whoever has been filling their bag, it must be as large as Santas... Weak hands are folding. We see an opportunity to go long on the current support. Entry Point: We are waiting to see if price will continue to drop and retest the lower support. If support at 320 holds we will go long, if not we will check again on the next support area around 270 Take Profit: The green lines represent target take profit levels. We suggest cashing out 20% at T1, 40% T2, 40% T3 (or sell 20% and let 20% ride if it still looks bullish ). Another way to consider looking at my take profit levels. First target is shorter term, 2 and 3 are mid term, and 4+ are longer term. If you want a quick trade, dont expect to hit T4, just close it all on T1. Stop Loss: If we enter @ 320...Stop Loss suggested at ~270, which is below the liquidity pool and established local support levels. Upon completion of T1 move stop loss to 600ish to secure a risk free trade. Additionally continue moving stop loss up by one target each time a new target it reached. i.e. when T2 is reached, move stoploss to T1 level. This way you can ride out dips with no anxiety and automatically exit the trade in profit should you not be around to monitor!
CLong
by theheirophant
3
GBPUSD - Trend Reversal, Completion of RetracementThe rising trend for GBPUSD has shown signs of reversal since it fell from near 1.33 and broke below the bottom of its rising channel. This is always a clear sign of the beginning of a trend reversal and the break was strong which created a new low. The price has then retraced as it climbs gradually and is about to reach the top of another rising channel created from the retracement. Thus, the supply zone where the retracement is most likely to be completed, coupled with 618 retracement level, could be an opportunity to sell short the GBPUSD.
Short
by AlgoVenture
XRPBTC has officially created a higher high What does it mean?Well its official XRP/BTC has officially broken out of the downward channel with a strong push up. it actually broke above the last push up on April 20. Look at the chart they don't lie. Now we need to find support on the old resistance that was our downward channel and spring off and create a new high. We will have to wait and see if the bulls can pull this one off but it has me excited. Lets go bulls and turn around this trend and create a second higher high!!!!!
by bdfulker2
AUDUSD - Potential Head & Shoulder Bottom at Right ShoulderEarlier in the week we did some higher timeframe analysis on the AUDUSD and saw that despite being in a bearish trend, we've reached a level where the sellers may be losing interest & could be in store for a potential reversal. A classic way that the market reverses is in the form of a Head & Shoulders pattern. Thus far we have 3/4 of the pattern complete as we're currently trading at what could be the right shoulder. If price were to violate the neckline in would confirm the reversal pattern and we could project a move higher to the .7300-.7350's level Akil For more on this idea, please see the link below to my latest (non Trading Coach podcast) Youtube Video
Long
by Akil_Stokes
4