USDJPY 4HR - Bullish Continuation Setup The USDJPY recently put in a beautiful rising channel right into a previous level of structure resistance...and it failed. Now that we've broken the simple pattern 7 the previous level of structure, there's a chance that we can continue going higher & a pullback trade would be an excellent place to get involved prior to the move.
Something to keep in the back of your mind however is that although there is a smaller structure zone above that would make a good place for target, we are technically trading within the higher timeframe structure zone.
For more on this trading opportunity please check out the youtube video "Learn to Trade - Small Differences in Good vs. Great Trading Opportunities" around the 5:15 mark
I hope you guys have a great week of trading.
Your Trading Coach - Akil
Continuationpatterns
Gravity's force will bring the BTCUSD down from the 12300 price!The force of gravity will bring the BTCUSD down on the 12300 price !!
After doing an exhaustive analysis, about trends, harmonic patterns, Elliot's waves, continuation and reversal patterns, I have come to the conclusion that the BTCUSD will probably be falling from the sky due to the force of gravity of the price, and we will probably see it in floor.
AT 12300
SL: 14290
Final TP: 6351
Big Biotechs Ascending TriangleIBB is forming an ascending triangle, which is a continuation pattern after the breakout.
Important to note the 20sma, which has been very supportive in the trend. The is also some support we can see many candlesticks with bottom wicks, meaning the shorts were met with buyers very quickly.
THETA Crypto Bullish Triangle / Pennant PatternTriangle / Pennant Pattern on crypto Theta. Has a recent history of breaking out to the upside, volatility on williams vix fix declining so my guess is breakout to the upside.
Previous divergence of vix lead to breakout to the upside not long ago. Current Vix Reading not quite diverging from price but nonetheless it is declining with the pattern forming.
BUY in BTCUSD! at now. It could reach 14.4K!Doing a better analysis, and taking into account the crab and bat patterns, I conclude that the BTCUSD would be rising strongly from now on, up to the 11-14K zone, confirmed by Elliot waves, and the continuation pattern.
And then make a new fall, well ...
Do not miss the opportunity, see you there for the 11-14K!
GBPAUD 1.89751 -0.25% SHORT IDEAGOOD DAY TRADERS
HERE'S AN UPDATE ON THE GBPAUD PAIR
> CONTINUATION TO THE DOWN SIDE
IF YOU TOOK THIS ONE ADJUST SL TO THE PREVIOUSE SWING HIGH
IF NOT LOOKING OUT FOR SHORT OPPORTUNITIES ON LOWER TIMEFRAMES
PERIOD - SWING
RISK MAMAGENNT
> >> IF YOU LIKE THIS IDEA KINDLY LEAVE A LIKE AND COMMENT... KINDLY FOLLOW AS WELL FOR MORE SWING AND DAY TRADE IDEAS, APPRECIATE IT..
#BTC Bullish Flag Pattern 1D#BTC is showing a bullish Flag Pattern on 1D , which includes -as we know-
- The flag pole
- The flag
- The continuation
The Flag pole, starting from the bottom at 6875 which represent a major support and was a big price bounce from it, ends at 10427 the Highest price in this trend.
the flag was formed after the correction starting from the previous 10427 level until -+ 8350 which was a good support on Jan. 24,2020 to bounce from it and continue the uptrend.
the Continuation Started as I think from the previous level @8350 zone and will go up with some corrections from time to time to reach 11831 ,
Many of you will ask why that level (11831) ?
The point is that the flag pattern when formed, we take the length of the Flag pole , and clone it when the flag is formed, so I expect to see the same length of growth to 11831 , the same level is a major Fibo level 1.618.
If you like my idea, Like or comment, share your opinion, don't be shy.
EURUSD MORE DOWNSIDE
Yesterday we took a long in this pair expecting price to retest the Weekly structure at 1.0879 but price missed this target by few pips. The leg up was the last wave of correction so we are short again the EURUSD, expecting a break of the Momentum low.
This is a continuation trade and we are targetting the T1 of the Fib retracement 0.618.
Short Entry: 1.0860
Stop Loss: 1.0890
Target: 1.0745.
Domino's About To Breakout??Breakout of $305, I'll enter and hold on..
Not financial advice
DotcomJack
Guess What - Even More New All Time Highs Coming - Read belowEveryone knows the stock market is at record highs because the US economy is the best ever. HAHA! Coronavirus is stock market bullish. How could it be stock market bullish when considering the following: Apple is lowering earnings guidance, china's economy is hurting, and hurting US economy? Well the Coronavirus is causing China to pump 150 yuan into the market this is pushing China's market up, stock market positive. Guess who else is doing the same thing, US is pumping record amounts of cash to push this market higher. We are qe infinity and the stock market will continue to go up until the central banks that run the world decide to end it. We in a massive stock market bubble that will continue to get bigger.