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Bullish Trend Line

GBPUSD Buy IdeaH4 - Until the uptrend line holds, we may expect the bullish momentum to continue and the price to move higher further. H1 - We have two critical zones and the price has reached the first critical zone. Until this zone holds, we may look for bullish evidences and then start looking for buys. Alternatively if the price breaks below this zone then the next area to look for buys would be the second critical zone with bullish evidences. Invalidation: If the price breaks and holds below the H4 uptrend line then this setup will be invalidated (false breaks can be neglected).
Short
by VladimirRibakov
2
BTCUSD: Shallow Retrace Hints At Break Out To 7500.BTCUSD update: Price is hesitating just under the bearish trend line that has been established since early August. While at the same time, the bullish trend line is also still intact. Which way is it more likely to go? In my recent Bitcoin article on S.C., I explained the increasing risk of retrace as price pushed into the 7Ks. There is no reason to buy into a high, but there are occasional exceptions. The previous candle has closed as a pin bar. By doing this, price managed to maintain the bullish trend line. This is a sign of strength and a likely continuation pattern similar to an inside bar. When a market sells off it usually happens fast. The fact that price is holding up certainly supports the bullish argument. It may also be the result of the coming holiday in the U.S. which often unfolds with lighter volume across all major markets. In summary, if the current structure holds, this market is poised to break higher. The trade would certainly be an aggressive one, and those details will be shared with our members. We are not one to buy highs, but shallow pullbacks are an attempt to retrace. If the market can't retrace, it is saying that the bulls still maintain control. The 7500 area is a reasonable expectation if a continuation break out occurs. A close below the bullish trend line will negate this scenario. Begin with the idea and then let the market choose to validate it or not.
BITFINEX:BTCUSD
by MarcPMarkets
15
The BTC price again broke out of the downtrend lineThe BTC price again broke out of the downtrend line of the descending triangle, which is a bullish sign. The critical level to watch on the upside is $6,960.oo If this critical resistance is crossed, the Bitcoin will pick up volumen and move up to $7,500.oo and $7,800.00 them If the bulls fail to broke the $7,000.oo level, the bitcoin will spend some more time in a bottom formation. On the downside, the critical support zone is $6,000.oo. If this breaks, lower levels of $5,500.oo The MACD indicator show us uptrend movement.
BITSTAMP:BTCUSD
by Frankl83
Bitcoin trendline 2017 retest Bitcoin is seeking a retest of the 2017 trendline (purple top line) through an rising wedge (bearish). Therefore, I will short on the retest of this line or even more, which I think is more likely, in breaking the bottom line of the wedge, in red. The targets of the shorts are the purple and yellow lines just below. We can exceptionally try to retest from the bearish trend line (next green line above). In this case, we will be attentive to the possibility of the 2017 trendline to hold. Stops short as soon as it invalidates the trendlines. Let's follow.
BITFINEX:BTCUSDShort
by buenoeguimaraes
USDCHF Sell IdeaD1 - Price respecting downtrend line so far. We may expect the price to respect this dynamic resistance again and if it respects, we may expect it to move lower. Hidden bearish divergence has turned into continuing bearish divergence. H4 - Bearish divergence, perfect uptrend line. We may start looking for sells with the breakout of this uptrend line. Note: False breaks of the downtrend line are acceptable. If the price breaks above this downtrend line and holds above it, then this setup is invalidated.
Short
by VladimirRibakov
EURJPY Sell IdeaW1 - Double wave up, second leg is at 161.8 fibo level. Bearish divergence has formed. We may expect a reversal to happen from here. H4 - Price respected the uptrend line and broke below the last low. We may now expect pullbacks in the form of double wave up and then we can look for sells. As long as the high at 137.50 holds, we may look for bearish evidences and once we get bearish evidences, we can start looking for short term sells. Note: If the price breaks above the last high at last high 137 50 then this setup is invalidated.
Short
by VladimirRibakov
Pennant Pattern on ripple, Building UP.We can clearly see Pennant pattern building on ripple, Since the volume is giving the bullish sign and trend says so as well, will go up probably , the question is when. We should look for a break above resistance signals that the previous advance has resumed. If in case goes bearish , look for a break below support signals that the previous decline has resumed. Thumbs up if you agree. Just a learner. Constructive criticism is always appreciated. Thank You.
Long
by cryptodoob
2
Flipping your Trade BiasAs a currency trader, it is important to be able to flip your bias on a market as soon as possible provided you have objective technical evidence to support this flip. Too often, traders are influenced by a third party’s opinion about a long term trade bias that may be generated from fundamental analysis which is highly subjective. They tend to hold this bias for too long and end up taking counter trend trades resulting in losses or attempt to hold onto an open position and aiming for a huge profit target target which rarely eventuates. We have found the technicals often paint a very clear picture regarding the stance on trade bias and you can often find your ‘Line in the Sand’ fairly quickly on a chart. Attached is the Daily chart for AUDNZD. We have just flipped our bias from bullish to bearish after the recent bearish daily close. This means in our minds, we should only be looking for shorting opportunities since we believe the market is now in a bearish trend. It is important to stay in tune with a market’s bias so you know you are trading with the trend and not against it. A trade bias is usually flipped when a major key line (horizontal and/or trendline) has a strong daily break and close.
Education
by t1018687