USDCHF - Trend Change - Down Continuation expectedHi Traders!
*** Trade at your own risk! ***
Here is the summary of the setup:
Market was in Uptrend
MACD showed Divergence
Strong Bearish Momentum Movement
Due lower High + Low --> Trend Change
Pullback expected
Turn around at Selling Area expected --> Trade Short here
Trend Continuation expected
If you have any questions or another point of view, feel free to share them into the comments!
Thanks and successful Trading :-)!
Trendchange
USDJPY - Trend Change after Divergence - Selling @ lower High*** Trade at your own risk! ***
Summary of the indications:
Market was in Uptrend
Market started a consolidation
MACD showed bearish Divergence after Up-Movement
Lower Low
Sell @ next lower High towards next Support
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Hi Traders!
The setup of this idea is that as price made a lower Low in an Uptrend,
it is going to make a lower High. This could serve as an short entry point.
The market was in a long Uptrend.
After that, it started a Consolidation where it made equal Highs and Lows.
Now we have these possibilities:
Firstly: What follows after a Trend? A consolidation.
What follows after a Consolidation? EitherTrend Continuation of Trend Change.
Now the market either continues its trend or it reverse.
It is also possible that it reverses for a short amount of time, to continue its trend again.
But let's stay with the simple scenario.
What indication do we have that the market is going to change its direction.
Beside that the market is at a high price, the daily MACD showed a Divergence after the market made a sudden Up-movement.
If you want to know when a divergence occurs, ask in the comments!
After the bearish divergence, the market deeply fell down.
It also made a Lower Low with that.
If you want to sell, you need a better price.
So, we can just wait for a Lower High to sell.
The target would be the next Support Level.
If you have any questions or something to add, let us know in the comments!
Thanks and successful Trading :-)!
Short SAVE as it breaks the Demand zone & the trend changesFOLLOW THE TREND AS IT CHANGES
Long-term chart (W) Trading chart (D)
First trade (undocumented) - The (W) was in uptrend. looked to (D) chart to take a LNG on price entering the DZ (demand zone) it was untested DZ
from the longer term (W) chart.
price entered the DZ & broke through it even closed below it. my STP was triggered & I took my loss
Second trade (shown here)
Since price broke below DZ, the new trend is Down. as price retested into the DZ. I looked to short the stock.
a higher high candle gave a good CVR for the short as the price broke through it. on the next red candle the SHRT IS OPEN
Moderna up again!Hi guys, I think Moderna will go up again and get a trend change up. Today Moderna breaks out of the trenchannel and the rsi has also potential for going up. If the chart goes over the EMAs than it get also from them supported and have a good chance to go up again.
what you guys think?
HERO LONG!After breaking the down trend and retesting it, 12 cents is a good entry point to go long. TP at 0.17 and good luck 🤞🏻
USDCHF short alerts for an overnight trade 🌃POW EDGE trend strategy in use for this USDCHF trade.
Entry details are shown on the chart.
Trade has been live since 23:00 UK time.
Working the H1 time frame here and we're only looking for TP3.
Previous trades can also be seen on chart.
A successful long and a short that hit SL.
As always the report box at foot of the idea shows the stats for this strategy.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
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Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren.
USDJPY - Indications For End Of UptrendHere is the summary of the indications:
Weekly Resistance
Start of Consolidation
LH & LL in former Uptrend
Trendline Break
MACD Divergence
Future Possibilities:
Range
Downtrend
descending Channel
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Hi Traders!
The setup of this idea starts with the fact, that the market was in an Uptrend for a very long time.
Now it has reached the weekly Resistance, where it starts to consolidate now.
After this, the price broke out of the H4-Trendline.
It even made a Lower High and a Lower Low.
Also, the MACD Oscillator shows a medium Divergence.
Now, they're these possibilities:
- Either it starts a further Range
- Or it starts a Downtrend / descending Channel
What do you think about USDJPY? Feel free to post your idea here!
Thanks and successful Trading :-)!
NQ Power Range Report with FIB Ext - 10/26/2021 SessionContract - CME_MINI:NQZ2021
- PR High: 15543.50
- PR Low: 15523.75
Evening Stats
- Gap: = N/A
- Session Open ATR: 212.62
- Volume: 24k
- Open Int: 240k
- Trend Grade: Long
- From ATH: -0.5% (Rounded)
Key Levels (Rounded - Think of these as a range)
- Long: 15819
- Mid: 15247
- Short: 14676
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
USDJPY - Bullish Flag Pattern Completed Hi Traders!
The main idea of this chart is that the market just completed the bullish flag pattern.
After it the consolidation, it is going to fall towards the next Support.
Here are the indications which support our view:
Bullish Flag Pattern (lower TL not exact --> would you still call it a BFP?)
Price @ Weekly Resistance
Bearish Crossover of the MACD Oscillator
If you have anything to add or a different point of view, feel free to comment!
Thanks and successful Trading :-)!
Multi news pumps brings dump to pair from 1829They've been buying as suggested
Today shows that!
Bulls need to take long legged doji out and the 1800-06 (it's a hammer on m30 )
Accumulation zone broke and today we see the power of it and people being kicked out while other take profit today abit more seller came and jumped in. 1783-80 SL is marked by zone of accumulation since 1806, acted as 1809, resistance. Anything below that related towards today's result.
So I'd expect buyers to pull out or get hit again while I mentioned it had to find direction in 4, months if it didn't we'd fall for that is a long period for a medium term trend to hold and not go nowhere. Gravity keeps hitting her with inflation(10yr yields as dollar want to recover again. It has its days of doing that making it more neutral to bullish as it's changing all is pairs favouring usdxxx
Does this mean we have another term of decrease in pairs that done well to withhold pressure from Corona and all this money lending they've been doing ,(USD printing money to back bonds)
Them giving China gold is another way of upholding their currencies value 🤗🤔(just a thought no talk about)
1833 is something to look at for a final bounce if that wasn't it but maybe if we bounce and make a strong reversal at 1750
Again 1770 is another point of bulls bias to buyup to 1845/1865 but as long as price is choppy from 1803-1900 bears can keep wanting to sell the markets seeing 1888-1840-1835 is strong major resistance ( (support for one another to not make price move further as that's a breakout to new highs after MN TF
Buyers idea
Targets 1900-2075_3000-10000
Buy was the wick on weekly but it was missed as that was an add on. We didn't break the top even thou it seemed. We flat if you look at it from 2000's bottom -2012top
sellers1600-1587 ol target below 1550 can open to 1481-1410-1381 to push it 1300flat
Spicejet Trend BreakoutNSE:SPICEJET A clear Breakout from the previous down trend (Horizontal Black line) & Trendline was seen on Daily closing after taking support from Fib .618 & .5 leves.
Can go long with Targets as:
T1- 107
T2- 116-119 9Will act as a Major Supply)
T3- ATH
can start adding in small quantites for Mid to Long term.
GBPUSD Bullish Trend Resumes Above 1.3800
Daily Chart: The GBPUSD has been one of my long-term pairs, the Daily chart is still bullish, we have seen the correction of the HH Last Action which retraced very deep. Price again rallied to give us wave one of the WOS. Now the correction is trading at 50%.
4Hr Chart: The trend is up price has retraced nicely with a clean corrective wave down without breaking below the structure.
5mins Chart: Three trend-changing patterns followed by a manipulation wave which ended with Market Structure Reversal Setup.
Long: 1.37690
Stop Loss: 1.3748
Long Confirmation: 1.3800
Intraday Target: 1.3856
EURUSD - Price struggeling to make a lower Low + DivergenceHi Traders!
The market is failing to make a lower Low at this moment.
Simultanously, the MACD Oscillator shows Divergence.
That means, that the Indicator below and the price are not moving in common.
While the market went up and came down again (ref. two green arrows)
the Moving Averages on the MACD were rising.
Share your view on EU in the comments!
Thanks and successful Trading :-)!
Intraday Trend change in AUDUSDAfter the downside pressure that we witnessed early on after the market open, the price has made a reversal back above the 1DL,2DL, and 3DL. This is a significant move, and the final confirmation is price trading above the previous momentum low (0.7336) created this morning during the Tokyo session.
This is a low-risk trade and if the price remains above the Momentum low, we should be expecting a rise toward the 1Hr high (0.7380).
Alternatively, a break below 0.7318 is a continuation of downside pressure and this will be our stop loss.
GBPUSD - Time to let the Divergence runHi Traders!
The market broke out from the weekly Trendline.
After that, it consolidated and now, it is retracing back.
During this Retracement process, the hourly MACD shows as strong
Divergence.
In addition, we now have a consolidating Range, where we also have
a potential Lower High.
Furthermore, the Retracement Trendline (which can be expanded to the left) could serve as an Entry Trigger.
The Target is the "Area of Control" of the Fixed Range Volume Profile.
As we are going to take Profit at this Zone, we have to check
at which point the market could possibly turn.
The "Area of Control" shows is in our opinion a good tool to check the Area from where the market could turn.
If you have experience with the "Fixed Range Volume" tool and tips to share, let us know in the comments!
Thanks and successful Trading :-)!
USDJPY - H&S Pattern at Top of Parallel ChannelHi Traders!
The market is moving in a downtrending Channel.
So, we here have many things which confluence to each other:
Firstly, we have the descending Parallel Channel from the H4 Timeframe.
As you can see, the market made a Trendline when it was moving upwards.
The Break of the Trendline marks the end of the Retracement Move.
The last time the market reached the upper Channel Line,
it also made a Head & Shoulders Pattern.
But why is the Head and Shoulders Pattern such valuable?
What's the logic behind this Pattern?
Here are some questions:
When do we have a typical uptrend?
- When we have higher Highs and higher Lows, great!
What is an indication for the Trendchange?
- A Break of structure
When do we have a break of structure?
- When the rule of higher Highs and higher Lows gets harmed
And this is exactly what happens when we have a H&S Pattern:
The head is the highest High.
The right Shoulder represents the LOWER High.
The kink between the H and the RS represents the Low.
The Breakout of the Neckline (which is at the kink/Low)
represents the lower Low.
The Retest to of the Neckline represents the second lower High.
And if we combine all that together, we have a
market, which turned to a Downtrend after the Uptrend,
having a lower High and a lower Low.
Now the market is retesting the Break of Neckline.
Thanks and successful Trading :-)!
EURUSD - Time for a Trendline Break - But which way?Hi Traders!
The market is in a Downtrend.
*This Analysis gives you an idea of what the market is doing now from our point of view.
You have to decide by your own analysis, which way the market will go...
or just follow the price ;-)*
*Leave a comment about your idea!*
As you can see we here have two major Trendlines, which are frequently respected.
The first one is coming from above (descending) and it marks many lower Highs.
The second one is also descending and it marks the lower Lows.
The second Trendline is less tilted than the first one.
As the price almost reached the weekly Support,
it is possible to move up as a Support Bounce.
However, if we consider the daily chart, it looks like a double Top.
If you follow this, than it should break the Support.
We recommend to confirm the Breakout with any strong confirmation to avoid Fake Outs.
Thanks and successful Trading :-)!
USDJPY - Daily Trendline Break - Lower Highs into SupportHi Traders,
the market was moving in an Uptrend.
As you can see, we here have a strong daily
Trendline which was respected frequently and
since a long time.
Recently, it got broken, which indicates
bearish power and the weakness of the bulls.
It seems like the Trendline is over now.
Now, the market made one lower Low and
two lower Highs.
That's why a descending Triangle is visible now.
As the lower Highs are pressuring towards the Support,
a bearish Breakout is expected.
The target is the next Resistance.
Take care: Sometimes, the price breaks the Trendline bullish,
just to immediatly fall down.
We recommend to keep different scenarios in mind.
Thanks and successful Trading :-)!