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Continuation

EURUSD 1.21645 + 0.31 % LONG IDEA * PRICE ACTION AND STRUCUTRE Hey everyone Here's a look at the EURO DOLLAR from the 4H chart for perspective and direction on lower time-frames hope everyone is good having a good one, the euro / dollar broke out of the descending channel strucutre pushed down for a retest but saw continuation to the upside as momentum was strong with the bulls, looking for a continuation of this move we are currently trading at resistance level 1.21574 a break above of this structure amongst other factors will be the trigger for the trade. significant moves with the bears change the whole plan. lets see how it goes. AS ALWAYS PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
2
Directional analysisPresented is a brief directional analysis using the 1 hr chart. The trend continued its sell off to start the week following last weeks close. For continuation sentiment I analyze the day chart. Here I see a retest of the next support (very near). This is a great opportunity for buyers to be patient for a potential pivot. Strong sentiment would lean towards sell continuation if we see a clear breach through support on the day chart with no rejection. If the above scenario plays out expect sellers to load increase sell off to the next Key support at .82900 (presented on chart). I will be watching the MACD/SIGNAL closely for a diversion (which would tell us too lean towards a support breach) or a full signal cross (which would tell us to lean towards a pivot reversal). RSI will continue to zig-zag swim ( I call dolphin swimming through the waves) along the bottom of the oversold zone until MACD/SIGNAL plays out its role. I will publish a trade analysis based off a breach or pivot of the looming support. Please comment with thoughts and ideas. Thank you.
by Pika7993
EURUSD 1.21287 + 0.09 % STRUCTURE & PRICE ACTION IDEAHEY EVERYONE Hope you guys are having a great one Here's a look at the EURO / POUND swing wise and from multiple time-frames perspective for the most likely direction and probabilities of seeing a continuation with the BULLS. From the MONTHLY, WEEKLY & DAILY Time-frames we see the pair trading in a bull flag that saw a rejection at the level of support 1.20172 currently seeing a continuation with the BULLS from higher Time-FRAMES the pair is strongly bullish looking for continuation of this move. On the 4H we just broke out of that descending channel pushed down for a retest currently rallying up with the bulls now the is a significant area of resistance on the path with the bulls this is where i will have my alerts and watch what price does at this key area to signal whether continuation is in the cards and look out for entries with the bulls... as always many stars must align with the plan before executing the trade, kindly follow your rules. LET'S SEE HOW IT GOES.. HAPPY TRADING EVERYONE & LET YOUR WINS RUN... _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it. HAVE A GOOD ONE!
Long
by PULEMokhothu
1
Trend Continuation Patterns & Reversal Patterns🚀💣Hi, friends! Let's keep learning?😉 Today we are talking about <> and <> of Technical Analysis 😊 - this girls try to tell You more details😉 Hope, It would be helpful for You♥️ 🐂Bull flag🐂 The principle of bullish flag trading, like all technical analysis figures, is the same - a breakout of the control point is required. As soon as a breakdown has occurred, you can immediately post the target. The target in a bull flag will be the height of the pole. There is one more feature of this figure - the canvas of the flag should be tilted against the main trend. 🐻Bear flag🐻 For the most profitable entry, it is better to enter into a deal with a pending order. As soon as the trade is entered, the take profit is placed at the height of the pole from the breakout point of the pattern. 🐂Bullish pennant🐂 The pattern trading rules are identical to the bull flag trading rules. 🐻Bearish pennant🐻 The trading rules are the same as for the bear flag . 💥Head & Shoulders Pattern💥 After the pattern has become clearly visible, namely, the right shoulder is clearly visible, the trader needs to wait for the neckline breakout. Breakouts occur on strong impulses with a sharp increase in volume . Therefore, in order not to miss the entry and enter at the best price, it's better to use a sell stop order. To calculate where the price will go after the breakout of the pattern, it is enough to measure the height of the pattern (vertical from the maximum of the head to the neckline) and postpone it to the breakout point. 💥Inverted Head & Shoulders Pattern💥 An inverted head and shoulders pattern occurs in a downtrend and heralds an uptrend. The rules for working on a figure are similar to the previous ones. It is worth noting that the head and shoulders pattern is rarely encountered in its pure form. Be careful! 💥 Double Bottom Pattern 💥 After you have identified the pattern on the price chart, you need to wait for the breakout of its resistance line. If the price has broken through the resistance, then the target will be the width of the pattern's range - the distance from the lowest point to the resistance. 💥Double Top Pattern 💥 A double top is similar to a double bottom . The only difference is that this pattern is reversed and occurs on uptrends. The number of extrema in a pattern can be not only double, but also triple, and even more. But the rules of work will be identical for everyone - enter on a breakout, postpone the target to the height of the figure and wait for its execution. 💥Diamond💥 We measure the height and wait for the breakdown of the diamond. If a breakout has occurred, then the price movement target will be the height of the pattern from the breakout point. 💥Cup & Handle💥 Trades are opened on the breakdown of the "handle" upwards. Target is the height of the figure. Thanks for Your attention🙏🏻 Stay in touch🧡 Sincerely yours Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
10
APPLE - Falling From The Tree!Hello everyone, if you like the idea, do not forget to support with a like and follow. APPLE rejected its all-time-high and now falling down, so we are currently in a down-trend. on H1: APPLE is forming a symmetrical triangle (pennant) in red but the lower trendline is not valid yet (as it only connects two swing lows) so we will be waiting for a third swing low to form around it to consider it valid. Trigger: Waiting for a momentum candle close below the gray area (the entire structure) to sell. When the sell is activated, a downward movement would be expected equal to the previous impulse. and until the sell is activated, this one would be overall bullish and can still break the upper red trendline and test the all-time-high again before falling. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NASDAQ:AAPLShort
by TheSignalyst
91
QQQ - Clean and Clear!QQQ is overall bullish but a reversal is always possible. As you can see, QQQ is trading inside the blue trendline forming a channel. We have two possible scenarios: 1- Continuation: The upper orange trendline is not valid yet, so we will be waiting for a third swing high to form around it (as shown in purple) and then buy on its break upward as a trend-following setup. 2- Reversal: The lower blue trendline is also not valid, so we will be waiting for the swing low to form, and then sell on its break downward. (as shown in red) Then as it approaches the lower brown trendline, we will be waiting for buy setups to form. As per my trading style: When our buy or sell is activated, the stop loss goes beyond the last swing from the other side. and I target double the stop loss size. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NASDAQ:QQQ
by TheSignalyst
49
ZEC IN Tran$itLooking strong across multiple timeframes. Need to break above the overhead resistance to get excited. Would then need to see $100 range hold as support. That being said any market could fall drastically in the current world climate. Its a risky game betting your way to wealth. Everyone is quick to say if btc falls alts will too. .... Crypto is going mainstream Btc is not private. Monero is very private but non compliant to the controller's demands. Zcash will be their baby. Not Financial Advice.
GEMINI:ZECUSDLong
by MitchMilli
In depth look at continuation bull/bear flag structures/patterns Hello everyone: Welcome back to another quick educational video on price action structures/patterns. Today let's go deeper into the continuation correctional structure. Specifically, the continuation bull/bear flag structure. First it's important to understand that a bullish/bearish flag is a continuation correction. They are representing a correctional phrase of the price action, before resuming the previous impulse phrase. As price action traders, we must be able to identify what correction we are seeing. This will allow you to get ahead and make your forecasting so you are prepare to any potential entries Second, bullish/bearish flag correction will appear in any time frames, any markets, and in different sizes. Typically a flag correction will have at least 2 swing highs and 2 swing lows and relatively even and proportion in angle or length. They can be slightly slanted or very parallel to each other. Remember the market is not perfect, it wont always present us picture perfect, textbook structures. Thirds, So its important to understand multi-time frame analysis, top down approach. A LTF bullish/bearish flag may or may not have the potential to start taking off massively due to the higher time frame showing us a conflicting bias. So its important to add as much confluence to your trade as possible. As always, any questions, feedback or comments please let me know :) See you all in my next weekly outlook stream. Thank you
BINANCE:XLMUSDEducation
by jojofang0901
18
LTC Expect only continuation to the upside. Hello traders: Litecoin has been pushing up from the bottom, and there were several continuation corrections to push the price up. Now the price is getting close to the previous swing highs now, but looking at all these bullish price action, I expect price to continua its bullish momentum. Ideally is to see price impulse up aggressively, and formed larger continuation correction after to look for more scale in opportunities Thank you
BITSTAMP:LTCUSDLong
by jojofang0901
15