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Continuationpatterns

EURUSD, Sell on H2**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. ___________________________________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
USDJPY, Buy on H1**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together. ___________________________________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Long
by GWBFX
HSIC, Henry Schein Inc. - Ready to BreakoutNASDAQ:HSIC Analyze it as an Ascending Triangle or as a Head and Shoulders of Continuation...what we focus on is simply the level of resistance, in which either the price breaks or bounces, and depending on what happens we operate or wait. At the end in this case if we define it as Ascending Triangle the reading of the pattern has highs of equal level and higher lows. If we define it Head and Shoulders of Continuation the Neckline is perfectly horizontal and the reversal has not happened and therefore the trend should continue. How do we know that this operation works? Simple. Backtesting analysis of the past. What confirms the goodness of our operations over the years? The comparison of real results with those parameterized by the Backtesting. Everything else is a matter of discipline.
NASDAQ:HSICLong
by SwissTradingSchool
All good things are hidden ... not all hope is lost for bulls!Heya my dear thriving community of hustlers and busters, traders and shillers, movers and shakers hope you are having a tremendous freaki'n day! I know I have been a bit of a beartard for the last 3 weeks and there have been very well justified reasons for it, however, I can not ignore the clear bullish signal which comes with the high timeframes. As you can see, there is a massive hidden bullish divergence formed on the weekly timeframe hinting the continuation of the bull run that brought us to near 14K levels. Obviously there is no guarantee what so ever that this divergence will play out, but it is still something to keep our minds on. Bitcoin likes to play on signs that has been right in front of our noses the whole time. aaand this divergence has been right in front of our noses since early June, it makes perfect sense for it to play out now instead of weeks later. If you like my crazy rambling and in-depth updates of the market, please subscribe to my profile and like the post. Have a great trading day and stay safe! Let's hope that we don't have to place shorts in upcoming days Bakkt to Bakkt :) Cheers Archie
BITFINEX:BTCUSDLong
by akublashvili
2
How to Play ROKUAfter Roku has beaten every Earnings estimate (except 1) we have seen quite a rally in the equity and it has grapped everybody's attention. We can see Roku had a nice big parallel trend channel until recently where it broke out of it and tested the upper trendline several times where it eventually got rejected. Only to make a new parallel trend channel, it went on to make new highs and breaking out of the new trend channel, which is probably a terminal blow off, as we can see some big selling blocks on the volume, Unless it rejects the upper trend channel and doesn't close below it with +3%, then it could potentially continue and make a new trend. I would deem it most likely to resume the exsisting upwards trend in the new parallel trend channel, and finding potential support around 95-100$ before continuation. My 2 Cents happy trading
NASDAQ:ROKU
by UnknownUnicorn2034381
NESN, Nestlè N - Continuation Head & ShouldersSIX:NESN Let's see how far we can go with the positions in Trailing Stop. Current Risk Reward 7.53 / 1 in eight months. This means about 1% of the account per month on a single position. There are clearly closed positions with regular losses, but the important thing is to have a %profit and a Winrate that determine a positive "profit factor". How can I be sure of what I do? From the study of the past through Backtesting. Now it's just a matter of having the discipline to follow my strategies and not getting caught up in fear and greed. Remember that trading is MIND-SET 20% Knowledge 80% Psychology "Rationality Yes, Emotivity No”
SIX:NESNLong
by SwissTradingSchool
1
Litecoin/Bitcoin: Cup and Handle Or Double TopCurrently, Litecoin/Bitcoin looks like it could either be a cup and handle or a double top, in this idea, I will represent both possibilities. The Cup and Handle: In yellow, the cup and handle can be seen with the resistance at 17752 satoshis, it has a price objective of approximately 24908 satoshis derived by measuring the height of the cup. The to the handle resistance and the handle is noted by the yellow diagonal line. Although this looks very similar to a cup and handle pattern, this has strong reason not to be: first , the volume is highest at the bottom of the cup, where in a standard cup and handle, the volume is suppose to decrease as price decreases this is circled in light blue. Since volume is such an important factor to determining patterns, in most situations I would then assume the pattern is not valid, however, Litecoin has been one of the strongest cryptos so its possible for it to retest the neckline. The Double top: The bearish situations are represented by the purple lines, and it can follow the appropriate direction by retesting the resistance of the cup and handle by failing to cross it or it can drop from this point on. The volume better fits this, because there was a large rejection on the right side (the second attempt to drive through the high). However, it is also important to note that this is near historical resistance. Given that there is bullish news, it is possible that Litecoin will see the rally of the cup and handle, as for the moment, I am neutral on both outcomes. In addition, it is possible that this is a harmonic pattern, however, harmonic patterns are something that I need more time to develop.
by CuddlyCuddles