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Continuationpatterns

EURUSD 1.21664 + 0.31 % LONG IDEA * PRICE ACTION STRUCTURE HEY EVERYONE Here's a look at the EURO DOLLAR from a larger scale or rather higher time-frame for direction and what is the price doing hope everyone is good and the week is treating you well, The pair just broke out of that descending channel that held over the years pushed down for a retest of structure signalling continuation now pushing higher with the bulls looking at this facts and some more its safe to be looking for longs on the pair swing. 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
1
DAX 14092.7 - 0.11 % * STRUCTURAL IDEA * PRICE ACTIONHEY EVERYONE Here's a look at the DOLLAR INDEX FOR DIRECTION AND OVERVIEW IDEA ON WHAT PRICE IS DOING hope everyone is having a good day now we taking DAX from the monthly streets which has more or less held an ascending channel currently trading at the roof of this structure and will be looking at price to see if this structure breaks or holds before embarking on trades on the index 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.
XETR:DAXShort
by PULEMokhothu
USOIL 59.80 - 0.52 % LONG IDEA * PRICE ACTION CONTINUATION PTTNSHEY EVERYONE Here's a look at USOIL from the 4h chart with some emphasis from higher time-frames, hope everyone is having a great one in the markets this week and a good one. looking at USOIL from the monthly & weekly chart the pair just broke out of a descending channel looking for a continuation of this move as the momentum with the bulls is very strong. Coming to the 4H we've been in a beautiful strong uptrend that is not showing any signs of slowing down hitting those impulse and correction moves with the bulls targeting level 66.45 looking for longs in the pair. 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.
TVC:USOILLong
by PULEMokhothu
1
USDCAD 1.26485 =0.12 % SHORT IDEA * PRICE ACTION & CONT PTTNSHEY EVERYONE Hope everyone is having a good week here's a look at the DOLLAR CAD from the 4H chart looking at the impulse move to the downside that is seeing a correction currently perfect opportunity for intra-day traders to take long positions for their day but looking for that reversal to the downside for continuation with the bears watching price at each and every Fibonacci level for candle patterns but the GOLDEN LEVEL is aligning well with the previous structure might be looking for a short position from this level. 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.
Short
by PULEMokhothu
3
USDCAD 1.26405 + 0.06 % * STRUCUTRE & DIRECTION IDEA HIGHER TFRMHello everyone Hope everyone is having a good one on the charts this week MORE MONEY LESS GREED, here's a look at USD/CAD from the monthly perspective to determine some the direction ideas in the coming weeks, looking from the monthly char the pair has respected an arc formation which saw a breakout of this structure and a retest pushed down to support level 1.30225 broke down and currently seems to be on a verge of a retest of this level so looking at price and technical aspects seems the pair can push down with the bears for a while so we are net bearish on the DOLLAR CAD & THAT'S MY 2 CENTS ON THE DIRECTION AND PRICE. 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.
Short
by PULEMokhothu
1
BTCUSD | ROAD TO 50,000Good Morning Traders, I may now seem like a broken record, but I can only illustrate what the charts show me. the illustration here, is indicative of a continuation type formation these types have become more common around crypto especially with bitcoin suggesting intuitional influence. I'm expecting a slight pullback and a breakout of this structure, highlighted with the upper purple line. I will look to the 5min and lower to see how we do break out of this formation. simply now a matter of waiting.
GEMINI:BTCUSDLong
by NK008
AUD USD LONG IDEA * PRICE ACTION SWINGHello everyone Hope you guys had a good week hopefully the markets have been good to everyone which is highly unlikely but hopefully. Here's a look at AUDUSD from the 4H perspective, which saw a breakout of structure the descending channel / bull flag signalling continuation we see a retest of the structure so looking for long entries on the pair targeting resistance level above . PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN as always many stars must align with the plan before executing the trade, kindly follow your rules. AND AS ALWAYS PERFECT OPPORTUNITY FOR INTRA-DAY TRADE EXECUTIONS AT THE ROOF AND BASE OF STRUCTURE WITHIN THE FLAG. 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
1
USDZAR 14.706526 -0,1 % LONG IDEA * STRUCTURE & PRICE ACTIONHELLO EVERYONE Hope the market has been good to you this week & hope you are having a great one, here's a look at the DOLLAR /ZAR from the 4H chart looking at price action and structure now the pair is trading at the floor of the descending channel now the RAND has had some great days against the dollar in the past couple of weeks but looking at the descending channel the structure has been respected and act as a correction to an impulse move which signals continuation with the bulls looking for structure to hold on the pair. PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN as always many stars must align with the plan before executing the trade, kindly follow your rules. AND AS ALWAYS PERFECT OPPORTUNITY FOR INTRA-DAY TRADE EXECUTIONS AT THE ROOF AND BASE OF STRUCTURE WITHIN THE FLAG. 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
USDZAR 14.72176 + 0.1% MONTHLY FORECAST PRICE ACTION & TECHNICLHEY EVERYONE Hope you guys are having a good one the chart are playing along, Here's a look at the DOLLAR / ZAR just a predictive young forcaust looking from a higher time-frame trying to figure the strength of the RAND in the near future when we take a close look we see that the pair is trading in a ascending channel just on a pretty large scale respecting structure aside from that fake out that spiked out of the ascending channel but otherwise the pair has respected structure now the RAND has had massive gains against the DOLLAR due to a number of factors showing strong momentum to the down side. of-cause we would expect some correction in the near future but will we see a break below of the descending channel structure and see the Rand gain some strength targeting the R13.000 MARK Pushing it R12.0000 this year against the dollar, i believe this is highly possible but lets let the market tell its story and only time will tell. 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.
by PULEMokhothu
3
EURUSD 1.21304 + 0.11 % LONG IDEA * STRUCTURE & PRICE ACTION HEY EVERYONE Hope your day is going well here's an idea on the EURO/ POUND scaling down to the hourly chart for entries and long opportunities on the pair now direction was determined from higher time-frames in the attached idea scaling down we see that the pair is trading in a BULL FLAG signalling possible continuation on the pair looking for a break above of structure on the pair to hold swing hoping for some volatility of cause with PROPER RISK MANAGEMENT AND A LOT OF PATIENCE & AGAIN as always many stars must align with the plan before executing the trade, kindly follow your rules. AND AS ALWAYS PERFECT OPPORTUNITY FOR INTRA-DAY TRADE EXECUTIONS AT THE ROOF AND BASE OF STRUCTURE WITHIN THE FLAG. 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
4
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
US100 12427.0 + 0.44% LONG IDEA * CONTINUATION PTTNS Hello everyone Here's a look at NASDAQ from the 4H chart looking for continuation patterns on the index as we just saw an impulse move and correction now showing momentum shift with the bulls possibly signalling continuation to the upside, a break above resistance level 12427.2 and price action will trigger the trade significant moves with the bears change the whole idea. 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!
ULong
by PULEMokhothu
2
USDZAR 14.842247 - 0.2% SHORT IDEA * BREAKOUT & CONTINUATIONHello everyone Here's a look at the DOLLAR / ZAR from the 4H chart, hope you are good have a splendid week. Can we continue to see ZAR gain strength against the DOLLAR in the coming weeks highly possible now we have a significant support level 14.16190 looking for a break of this level targeting FIB EXT -61.8 so on this one looking for continuation with the bears even if structure holds and we see a retest of the roof of the descending channel unless we start to see momentum shift and a break above of the structure looking for moves with the bears. 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!
Short
by PULEMokhothu