Get started

Trend-analysis

USDCAD Key Support|Bullish Divergence|Local Resistance|.618 Fib Evening Traders, Today’s Analysis – USDCAD – strong sell off leading the market to oversold conditions, a bounce is probable into local resistance. Points to consider, - Impulse sell relief rally - Structural support respected - Local resistance (immediate target) - Oscillators diverging - Volume below average USDCAD’s immediate trend is bearish with an impulse sell into a key level, structural support that is holding true. A relief rally is probable into local resistance – backed by a valid double bullish divergence. As both oscillators are diverging from price, this indicates buy momentum coming into the market. Current volume node is below average, an influx is highly probable upon a back test of the .618 Fibonacci. Follow through will be needed to reach local resistance target. Overall, in my opinion, USDCAD is a valid long with defined risk. The market is due for a relief rally; price action is to be used upon discretion/ management of the trade. What are your thoughts? Thank you for following my work! And remember, “The expectation that you bring with you in trading is often the greatest obstacle you will encounter.” ― Yvan Byeajee
Long
by AzizKhanZamani
USDJPYProcess structure: The main trend of this timeframe is completely downward and there is no sign that the trend will return. In the lower time, H1, wait for a correction in the trend to enter the loan sale for both trends. follow next analysis : H1 USDJPY (Give up all the old methods and do not use any indicators, just order with your own discernment and eyes.) Tired of Elliott's interpretation? Are your indicators lying? it's true All lies. Everything is a process in itself. The whole secret of this market is in this chart. Send me a message
Short
by delaramrahimi
EURJPY running +280 pips, patience paysWe know through our substantial back testing using the Trading View Strategy Tester, that holding onto trades until a reverse signal is presented is the most profitable way to use our strategy - EURJPY is a great example here. The trade is running +280 pips from the initial buy with a fantastic RR of 1:9 currently. Even if this now reverses, we will close in profit either way - or it continue up of course. Ultimately, no one knows - so we follow the strategy. This is one of the biggest challenges traders face, holding onto winners - through fear of the profit disappearing. If you have been selling this pair, please stop trying to catch the tops and bottoms. Regards Darren
Long
by pow_removetheguesswork
SPY to Goldman Sachs Bear target 250 by August 18th?Did this chart Monday June 15th, sharing it now. The movement from March lows in April seems really similar to last few days. We are overextended and will need to correct again. Will we reach Goldman Sachs Bear target of AMEX:SPY 250? Likely... Lows in March: breaks 12 year trendline below (yellow) breaks 12 year trendline above (A) retests trendline (B) breaks out and continues reversal (C) Highs in June: breaks 5 year trendline above (yellow) breaks 5 year trendline below (A) retests trendline (B) breaks down and continues reversal (C) ?
AMEX:SPYShort
by x05
8
Huge running trades traders! Take a watch..... Some great moves from Monday Tuesday this week..... Some absolutely huge moves in the market - most of our members are still in these trades - running around 1500-2000 pips! Learn to let your winners run and simply close on the opposite signal - how many of you took these sells and closed after 20-30 pips profit - they are now in some instances 10x more profitable than that. Its like winning another 10 trades! Have patience, take confidence from past performance and stick to the plan. I missed GOLD off this video - running over 350 pips too, see our previous ideas too. ;-P Regards Darren
by pow_removetheguesswork
1
LLOYDS - new sell signal, lets see!Last buy trade hit our TP3 for 1:3, new sell signal has formed. For more information on our strategy please view our 'Scripts' page on our Trading view profile. Our V2 strategy shows the SL and multiple TPs on the chart too - these are customisable based on the ATR of each pair. We have set these so that TP1 is 1:1 TP2 is 1:2 TP3 is 1:3 RR. There are infinite ways to manage your trades to suit your mindset and time. Works on all instruments Directly onto your own personal trading view - all devices work Non repainting Please follow us to keep up to speed with our trading ideas, live streams (coming soon) and weekly recaps using our strategy. We are continually marking some tweaks and marginal gain improvements to continue to make this easier for our trades and even more profitable. All updates are given to our members and previous purchasers FOC . Regards Darren Blue FX
LSE:LLOYShort
by pow_removetheguesswork
1