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Bullish Trend Line

GBPJPY TRADING IDEAThis is my analysis and trading plan on GBPJPY i'm looking to long/buy from the 61.80 FIB retracement where the buy zone is indicated with several confirmations. 1. First confirmation will be it's movement down to the area of resistance to form a double top which is yet to form indicating a clear reversal sign with the two red arrow and fib rejection of 0.00 going for a short/sell down to 61.80 FIB to find a support and that is the second touch on the bullish trend line indicating a clear reversal sign with the two green arrow and price will push up from there. 2. Second confirmation, the trend is bullish so i patiently wait for my analysis to play out giving me a clear and strong confirmation to buy/long. RISK/REWARD RATIO @ 1:7 STOP LOSS @ 200 PIPS TAKE PROFIT 3 @ 1534 PIPS I welcome all comments, feedback, ideas and sharing of knowledge. Have a great trading week! Disclaimer: (This is for educational purpose only. Thank You.)
Long
by investor_tfunds
AUDUSD TRADING IDEAThis is my analysis and trading plan on AUDUSD i'm looking to long/buy from the 61.80 FIB retracement where the buy is indicated with several confirmations. 1. First confirmation will be it's movement down to retest the support and bounce back up to form a double top which is yet to form at the area of resistance indicating a clear reversal sign with the two red arrow and fib rejection of 0.00 going for a short/sell down to 61.80 FIB to find a support and in turn form a double bottom indicating a clear reversal sign with the two green arrow which will cause a spike up. 2. Second confirmation, the trend is bullish so i patiently wait for all my analysis to play out giving me a clear and strong confirmation to buy/long. RISK/REWARD RATIO @ 1:6 STOP LOSS @ 200 PIPS TAKE PROFIT 3 @ 1259 PIPS I welcome all comments, feedback, ideas and sharing of knowledge. Have a great trading week! Disclaimer: (This is for educational purpose only. Thank You.)
Long
by investor_tfunds
4
EURUSD TRADING IDEAThis is my analysis and trading plan on EURUSD i'm looking to long/buy from the 61.80 FIB retracement where the buy is indicated with several confirmations. 1. First confirmation with the double top forming at the area of resistance when the buyers pushed the bulls candle above the area of resistance and couldn't hold then it pulled back down and closed within the body and below the resistance clearly showing the reversal sign to complete the double top and indicated with red arrows (you can move down to the 4hr Chart for a clearer view) and fib rejection of 0.00 going for a short/sell down to 61.80 FIB to find a support before moving back up. 2. Second confirmation, i never go against the trend and it bullish so i wait for a clear confirmation to buy/long. RISK/REWARD RATIO @ 1:5 STOP LOSS @ 50 PIPS TAKE PROFIT 3 @ 279 PIPS I welcome all comments, feedback, ideas and sharing of knowledge. Have a great trading week! Disclaimer: (This is for educational purpose only. Thank You.)
Long
by investor_tfunds
GBPUSD TRADING IDEAThis is my analysis and trading plan on GBPUSD i'm looking to long/buy from the 61.80 FIB retracement where the buy is indicated with several confirmations. 1. First confirmation with the double top formed at the area of resistance indicated with the two red arrow and fib rejection of 0.00 going for a short/sell down to 61.80 FIB to find a support before pushing back up. 2. Second confirmation, i never go against the trend because the trend is bullish so i wait for a clear bullish confirmation to go long. I welcome all comments, feedback, ideas and sharing of knowledge. Have a great trading week! P.S. (This is for educational purpose only. Thank You.)
Long
by investor_tfunds
GWO Double Bottom 200SMA GWO has recently passed the 200MA on the weekly chart signalling a strong reversal in the price trend from bearish to bullish. after price showed a double bottom reversal, the price rebounded to break the resistance and cross over the 200SMA indicating a strong bullish trend. Price showed a similar pattern of a double bottom reversal crossing the 200MA in late 2011/early 2012 leading to a strong rally seeing the price increase almost 50% after breaking the resistance. the price target is 45-47.50 (35%)
TSX:GWOLong
by Zacmando
1
Gold Sell IdeaD1 - Price is moving inside a falling wedge pattern. H4 - There are two possible scenarios: Scenario #1 - Price pushes higher, and enters the critical resistance zone that we have marked and also reaching the 100% Fibonacci expansion at 1485.22. This is where I will be looking for aggressive and conservative entries with bearish evidences. Scenario #2 - We need the price to push lower and break the up trend line. After that we can start looking for sell entries with bearish evidences.
FX_IDC:XAUUSDShort
by VladimirRibakov
EURAUD trading the rejection at the top of the rising wedgeEURAUD is following a rising wedge and the setup of the moving averages also show that there is an uptrend. So why am I planning a short position? The rising wedge is still quite large and this gives the opportunity to try to find a rejection at the top of it, with a great risk to reward ratio. Also, the moving averages are quite close to each other, so with a rejection at the top, the setup could change quite fast, so I wouldn't rely that much on that in this situation. I structured the trade to trade the rejection at the top and also a breakout at the bottom, but I would start to take part of my profits if the price reached the bottom of the rising wedge.
Short
by FedericoSellitti
1
MCD t.a. & set upMCD is showing signs of an overall long-term uptrend pattern, & is currently trading above the SMA200, signaling a possible long entry. On the daily chart, possible cup and handle also forming after a significant pullback occured early/mid September. Also, last session the price opened above, and closed above the EMA21, signaling a potential intermediate uptrend is likely if price continues to consistently close above EMA21 level. Additionally, The EMA5 recently crossed up & above the EMA10, signaling short term bullish momentum. Considering this combination of confirmed and pending signals: A good entry might be; if the price breaks above and closes above the SMA50 level. *another option could be to take an initial entry if Monday opens above the EMA21, and then add to position if price breaks/closes above the SMA50 A stop could be set at: any close below the EMA21 @ -1% A good target exit might be best at: Known resistance @65-70 RSI area, or any close below the EMA10 level @ +4% Risk/Reward ratio optimal @ 4:1
NYSE:MCDLong
by gaaragaara