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Continuationpatterns

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
USDCAD 1.273834 + 0.33% SHORT IDEA * PRICE ACTION & CONTINUATIONHey everyone Here's a look at the DOLLAR / CAD from the 4H chart, hope you guys are good and having a good one, the pair has been trading inside a bear flag / descending channel possibly signalling continuation with the bears, we saw a break above of this structure but seems it was a false breakout as we see structure hold and looking for continuation with the bears targeting both my FIB EXT'S. 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
AUDUSD 0.75714 + 0.19% LONG IDEA * CONTINUATION PATTERNS Hey everyone A look at the AUD/ DOLLAR pair from the 4H chart but direction already established from the M,W & D charts and the pair is strongly BULLISH so looking for long entries on the pair that has been range bound in the ascending triangle structure looking for a break above at the trigger point where by price action will be monitored and the trade executed, break below of the structure changes the trading plan unless the base of the structure holds lets how it goes. 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
EURGBP 0.90262 +0.02 % SHORT IDEA * BREAKOUT & PRICE ACTIONHey everyone Here's a look at the EURO / POUND one choppy chart perfect opportunity for aggressive traders and intra-day traders hope everyone is good and you're having yourself a good one, now the EURO / POUND has had some nice volatility coming from all fundamental aspects but the structure was the and the pair was trading in a ascending channel which saw a break and the retest of structure now looking for a continuation of this move, currently trading in a bear flag possibly signalling continuation 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
CHFJPY 116.83 - 0.67 % LONG IDEA * PRICE ACTION & CONTINUATIONHello everyone Here's a look at CHF / YEN from the 4H chart, hope your day is going great as we await the market open. Now the pair just had a beautiful impulse move with the bulls ranged in a bull flag possibly signalling continuation of this move broke below of structure as expected with every impulse there has to be a correction and this is where we are now. Now on this one we have two possible trigger areas aligning with structure which could both see a retest before continuation. 1. A strong RESISTANCE LEVEL now SUPPORT 2. Just below the 50% Fibonacci retracement to complete that W formation previously formed to be retested . This are area's to be monitoring price if you will be taking this one swing. TARGETS FIBONACCI EXT'S 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 here's some of my rules if they help. 1. look at structure be it descending channels, pennants and so forth. 2. RSI is overbought/oversold so will be looking for a pull back to structure before continuation. 3. will be looking for entries from 30M , 1H, 2H & 4H time-frames if taking the trade long term. 4. aggressive trades can be executed on the pull back 5. price action must definitely align with the plan.' 6. structure definitely 7. the 20 EMA must be respected as support / see a bounce at this structure 8. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S . 9. CANDLE STICK PATTERNS. so i will most like's enter this one in a bit but i hope this idea assists in any way on your trading plan. RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
1
EURJPY 125.91 - 0.45 % LONG IDEA * PRICE ACTION Hey everyone Here's a look at the EURO / YEN from the 4H time frame and some others. hope you are having a good one. Now the pair has just broken out of a descending channel that has held up and respected structure for a while now to the upside looking for continuation patterns on the pair to see if this is a false break or will we see a clean break. 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 here's some of my rules if they help. 1. look at structure be it descending channels, pennants and so forth. 2. RSI is overbought/oversold so will be looking for a pull back to structure before continuation. 3. will be looking for entries from 30M , 1H, 2H & 4H time-frames if taking the trade long term. 4. aggressive trades can be executed on the pull back 5. price action must definitely align with the plan.' 6. structure definitely 7. the 20 EMA must be respected as support / see a bounce at this structure 8. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S . 9. CANDLE STICK PATTERNS. so i will most like's enter this one in a bit but i hope this idea assists in any way on your trading plan. RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
1
EURUSD 1.21097 - 0.2% LONG IDEA * STRUCTURE & CONT PTTNSHey everyone Here's a look at the EURO / DOLLAR from the 4H chart, hope you guys are enjoying your weekend and having a good Sunday as we await the market open. Now the pair has been trading in that descending channel / bull flag / pennant from what angle you look at it, had hoped for a clean break out of structure but the pair is currently ranging at the roof of structure but that doesn't change the sentiment from higher Time-frames being net bullish. watch price as the pair might push down to the base of structure for more aggressive traders for swing positions will be watching price for significant moves with the bulls as the pair is on a retest of structure even though it may look like a false break will be looking at this one with pending orders and add it to your watch list... 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 here's some of my rules if they help. 1. look at structure be it descending channels, pennants and so forth. 2. RSI is overbought/oversold so will be looking for a pull back to structure before continuation. 3. will be looking for entries from 30M , 1H, 2H & 4H time-frames if taking the trade long term. 4. aggressive trades can be executed on the pull back 5. price action must definitely align with the plan.' 6. structure definitely 7. the 20 EMA must be respected as support / see a bounce at this structure 8. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S . 9. CANDLE STICK PATTERNS. so i will most like's enter this one in a bit but i hope this idea assists in any way on your trading plan. RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
5
GBPUSD 1.32178 - 0.53% SHORT * CONTINUATION PATTERNSHey everyone Here's a continuation of the POUND / DOLLAR IDEA attached hope your enjoying your weekend. Now if you took the trade its time to adjust sl to the previous swing high right at 1.32559 or trail stop the trade, looking for continuation of this move with the bears so will be looking for shorting opportunities targeting fib ext level 0.618. Significant moves with the bull will stop those already in the trade at level 1.32559 but for those looking to enter the trade they cancel the trading plan. 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 here's some of my rules if they help. 1. look at structure be it descending channels, pennants and so forth. 2. RSI is overbought/oversold so will be looking for a pull back to structure before continuation. 3. will be looking for entries from 30M , 1H, 2H & 4H time-frames if taking the trade long term. 4. aggressive trades can be executed on the pull back 5. price action must definitely align with the plan.' 6. structure definitely 7. the 20 EMA must be respected as support / see a bounce at this structure 8. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S . 9. CANDLE STICK PATTERNS. so i will most like's enter this one in a bit but i hope this idea assists in any way on your trading plan. RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
5