Get started

Bullishcontinuation

JAZZ/USD Long$JAZZ looks to be in bullish continuation here: On the 1D chart it looks like it wants to visit $143/144 (potentially after a retest of the diagonal it broke out from around $125) Reasons: -It had a strong breakout from a bullish pennant, the target for this breakout would be the height of the bull pennant's flagpole added to the point where price broke out of the pennant -Price may like to visit near the top diagonal of the multi-year trend channel, adding conviction to the target of the bull pennant Bullish bias continued via Ichimoku: -Kumo cloud is green -Tenkan is above the Kijun while both are above the kumo cloud -Lagging span is well above the kumo cloud Other Indicators: -MACD seems to have just flipped bullish -RSI not yet in overbought territory -(not included in chart) price is not yet above the top MA of the Bollinger Bands so still some room for price to expand to target Gap to be filled (in time) at $112.45
NASDAQ:JAZZLong
by Hrempe
USDJPY Retracement PossibilitiesWe have some room upward and technically this pair is trying to rebound from higher period SMA 200 RED (dynamic support). Fundamental wise we knew till this day that king didn't wanted to back off! I had earlier created a bullish bias idea on this major pair but I messed up with fast entry as overall I knew from the beginning this was mean to happen ( I mean the continuations upward). Dollar was hiding it's potential from the beginning and until it made mood to fall apart most of counter parts will suffer the pain I reckon.
Long
by Anatta0
1
ONTX pullback to hourly VWAP | Still bullishPrice dumped to hourly VWAP but good news for bulls is there was a lot of buying pressure. Two gaps were filled in the process. If you're swingin ONTX, it's best to NOT have a stop because the big boys stop hunt and your sell becomes their buys. Day traders, it's a must. Though that was tough to watch, it was healthy pull back for further continuation. We'll probably see consolidation now into the weekend hopefully ranging b/t .55 and .70 gearing up for a big move up. Also, that .74 weekly resistance really did it's job. Good-fortune yall
OLong
by Godismyfortune
XRPUSD 1H STE BAR COLOR BULLISH CONTINUATION TRADEPrice had a previous bullish trend Price took a break with a bearish pullback STE Pulse bars showed a dark green color during this pullback STE Pulse bars came to the zwero line which is a decision point for price Price could continue it bearish move Then the STE bars would cross below the zero line and become a bright red color OR Price could bounce off the zero line up Bullish continuation would make the STE bars a bright green color Buy Take Profit would be a re-test of previous high Find your own SL
BITFINEX:XRPUSDLong
by Tradingstrategyguides
ETHUSD - Bullish Double Curve, Similar Continuation?ETHUSD Bullish is looking similar to the last leg up. Will we see continuation as we have previously? ETHLONGS on BITFINEX are soaring, ETHSHORTS are dwindling. We also have declining volume again with sustainable Highs and Higher Lows. The flag looks legitimate coupled with the volume. This seems Bullish to me, but again I am eyeballing a Bullish Butterfly that would see some correction coming to price should it validate. Price action, as seen on BITFINEX will be bumping into a distant trend line, though these previous months have shown this is the time for trend changes. Previous Post on Bullish Butterfly : Previous Post on Distant Trend Lines from November until now .
COINBASE:ETHUSD
by MrJEB
ARK/BTC - Ascending triangleARK/BTC is looking rather interesting in the 4h chart. Price has been building up an ascending triangle pattern since the first days of December. Ascending triangle are notoriously bullish continuation patterns, and ARK price has bottomed at around 18400 satoshi on Dec. 7, where it has bounced back, exceeding the high on June 7. Although I am sure that ARK might as well revisit the previus all time high and exceed it, I am more interested right now in a short term, safer trade. The MACD is looking like it is turning bullish again, but the Stochastic RSI looks like it will go down, suggesting that ARK price will touch the lower side of the triangle again before breaking the upper side of the triangle. There are 2 ways to enter this trade: 1) Wait for a pullback at the 78.6% Fib. retracement (around 48000 satoshi), where both the 50-periods SMA and the lower side of the triangle should act as support and propel ARK upwards. 2) Set a stop-order above the 57000 satoshi level, which will confirm the bullish continuation pattern. Which one of these you choose is depending on your trading style (do you like to buy dips or breakouts?). The 1st choice is riskier but yields the greatest profits, while the 2nd is definitely safer. My target is just a little below the 1.618% Fib. extension at 80000 satoshi. This is because this is a round number and therefore it will surely have a sell wall in order book, so it will likely be hard to cross and have strong resistance. This is not financial advice, this is just my opinion. Any comment is appreciated.
Long
by Andratos95
2
BITCOIN - Have you MISSED IT?Have You Missed It? At the beginning of 2017 if you asked your neighbor what Bitcoin was, chances are they would have given you a blank stare. Today things are much different. Bitcoin passed the mind-boggling price of $10,000 per coin... And people are asking themselves if they have missed it. The answer is a resounding no. In fact investors believe Bitcoin could jump another 1,000% in 2018 turning every $10,000 coin into $100,000. Watch for your pullbacks - one of these bottoms will hold as support and then buy with solid bullish reversal patterns - 10000 - 9000 - 8000 - 7000 levels
BITSTAMP:BTCUSDLong
by Tradingstrategyguides
7
Ascending broadening wedge - two possible scenariosThis is an interesting move folks; identifying an ascending broadening wedge pattern has the same chance more or less to continue downward or to breakout and go upward. In my opinion, based on the bigger trend's descending triangle wedge, and the minor descending triangle wedge following it (the fib retracements placed on the graph), my bet would go towards the bearish breakout. What do you guys think? Below are some interesting facts to use in your strategies: Bearish breakout If the wedge’s lower support line breaks, the probability that the price will reverse and continue back up is higher than it falling lower. The odds are close at about 51:49. Selling at a downward break of the mid line of the pattern greatly improves the odds of success. If the price breaks the mid line of an ascending broadening wedge, there’s a 53% chance that a further downward move will happen. Bullish continuation From historical currency data, there is about a 55% probability of a further bullish advancement after a break of the upper resistance line. The bullish move lasts at least for the same duration as the pattern itself. Based on historical forex data, the ascending broadening wedge typically ends in a bearish or downwards correction in price. But only just.In 47.8% of the patterns, the upside move was greater. Reference/Read more at: forexop.com
COINBASE:LTCUSDLong
by telnemri
2