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Trendcontinuation

GBPJPY | Perspective for the new weekThe identification of a strong bullish imulse leg during last week trading session; we might be looking forward to a trend continuation at either the end of the retracement phase or at the the retest of where priceaction began last week. However, if we witness a breakdown/retest of this area, then the possibility of a downtrend continuation becomes an opportunity we should be looking forward to. In this video, I have explained how I intend to take advantage of either a bullish or bearish momentum. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
GBPUSD | New perspectiveA significant breakout of the bearish trendline on the 1 Hour time frame appears to be a major signal that the bulls are taking charge hence the reason I am looking forward to a bullish momentum going into the New-York session. So, to make preparation for entry easier, I have identified a key level at $1.25300 that will be a guide to taking advantage of the potential bullish move. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
USDCAD > Decent Sell Entry with RR.Analysis of #USDCAD The USDCAD is still in a downtrend as you can see from my chart, I am looking for a sell entry near trend line resistance also a very strong structure resistance level near 1.2680 if the rules for entry are met. keep an eye on this one and set your alert as it could provide decent trend continuation entry with a good reward to risk ________________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
10
Next weekly close confirms BTC up or down trendsWeekly analysis Why is the weekly time frame important? We are seeing the big picture as each candle on the weekly time frame represents all the buying and selling that occurred throughout the entire week. This is the 4th time since January 21, BTC retraces under the 50% Fibonacci level (white line and yellow circles and ellipse) following a bullish trend. 3 times BTC touches the major support of 28k (red ellipses) and even dived 2 times under the support in the last one. This is a clear signal for the continuation of the bearish trend toward 21K and maybe much lower levels. The next weekly close in exactly 1day and 16h will confirm the trend. Be careful! The information and publications here are not investment recommendations. Please, do your own research!
by Casablanca05
GBPUSD | New perspectiveI have just identified a similar scenario to that which we saw in the EURUSD ( this was shared earlier): With a key level at 1.255000 sharing a confluence with the bearish trendline identified in the 1H timeframe, I am looking forward to selling the British Pound going into the New York session... Stay tuned in as regular updates will be shared on my tradingview account. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
GBPNZD | New PerspectiveDespite the strong bearish impulse leg on the daily time frame, in the last couple of weeks, we have witnessed the price continues to respect the bullish trendline identified on the 4H time frame, it is pertinent that we do not shy away from the possibility of a bullish momentum which might be evolving. In addition to this data, since the beginning of this week, sellers have been finding it difficult to 1.92800 area. So, in the next couple of hours, I shall be looking forward to a signal to join the rally. However, if we see a breakdown of the bullish trendline then a retest of this line could push the price further down. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
GBPJPY Bearish Continuation Welcome back! Here's an analysis of this pair! **GBPJPY - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Short
by BKTradingAcademy
GBPUSD | Live position review | Follow-up detailsWith a breakout of the supply zone at 1.2400 during the course of yesterday trading session, I am of the opinion that buyers are beginning to gain traction with a potential of pushing price further into the selling opportunity zone identified on the daily timeframe. Going into the UK and New York session, the demand zone at 1.234500 shall be our guide for bullish momentum as a breakdown/retest of this zone shall welcome an opportunity to join the downtrend. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Long
by darcsherry
using MACD histrogram as a volatility toolMany traders use the MACD for divergence or crossover signals. It is my opinion that market participants trade almost every oscillator this way. This I find rather simplistic and not respecting what the data shows you. In this tutorial I will show a new approach to reading the MACD, obviously I'm probably not the only person who looks at MACD this way however. MACD colors: blue = MACD orange = Signal line green and red waves = histogram The MACD is based on the distance between 2 exponential moving averages. The signal line is a smoothed version of the centered oscillator that difference creates. And the histogram is the difference between the MACD and signal line, this is extremely simple. On the chart I have plotted these 2 EMA's for clarifying my approach to the MACD. Notice that when price rapidly changes these 2 lines move away from eachother, we see the MACD line also move away from the signal line in the process creating a big histogram wave. After the trend becomes less volatile and more one directional the EMA's stay at the same distance from eachother. This creates a flat histogram. The trading approach I'm showing here is that instead of trading tops and bottoms from the histogram/crossovers you use the MACD as a directional tool and you use the histogram as a volatility tool. We wait for a crear trend to get established after a big histogram wave and then for the trend to stabilise: MACD histogram flattening. Now we have a one directional trend and it is a good place to start opening positions in the trend direction as it is stable. Notice how we got a nice discount after the trend stabilised and became on directional. I provide below some snapshots of how the market looked when trades would have been opened: long setup: short setup: result: Use this information with caution as these examples are obviously cherry picked. I hope this gives some perspective on using the MACD in your trading arsenal.
INDEX:ETHUSDEducation
by Honestcowboy
AUDJPY | New perspectiveWith a simple trading set-up identified in the 1-hour timeframe, I am going to recommend selling the Aussie this week. In this regard, a key level at the 90.000 area and the bearish trendline identified on the 1-H timeframe shall be our guide going into the new week as we continue to look for a reversal set-up to join the potential decline. shall be Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
NZDUSD | Perspective for the new weekNZDUSD is down by more than 9% since the beginning of April 2022. With the pair looking increasingly oversold as the appearance of a reversal pattern on the 2H timeframe could probably be signalling the incitation of a retracement wave into the major bearish trendline identified on the daily time frame or we might be having a downtrend continuation right below the key level at 0.62700 in the new week. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
EURUSD | Perspective for the new weekGoing into the new week, market experts warn of EURUSD dropping under parity if Russia shuts off the gas to Europe. However, from a technical perspective, there appear to be two scenarios we should be looking out for when the market opens. The first is a countertrend opportunity if we witness a breakout/retest of a reversal pattern identified on the lower time frame where a bullish momentum is inciting a retracement wave into the bearish trendline on the daily time frame; then secondly is that we use below the key level identified at 1.05200 to join the potential decline. Let's keep our fingers and see what happens to the structure when the market resumes. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
by darcsherry
EURAUD | Perspective for the new weekGoing into the new week; we might be expecting the confirmation of a reversal structure to tend towards a bullish momentum but the multiple rejections of 1.49 during the course of last week's trading session could be giving us a clue into the strength of the sellers at this juncture in the market without ignoring the potential of the Aussie against the Euro since February 2022. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
XAUUSD | New short term perspectiveWith a bearish trendline holding since the beginning of the day, we want to be ready to take a potential sharp decline. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
OANDA:XAUUSDShort
by darcsherry
GBPCAD | New perspectiveA visual representation of a line drawn over pivot highs reveals the prevailing direction of price action in the last 3 to 4 months; we want to be looking for opportunities to join the potential decline when it finally happens. Risk Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
Short
by darcsherry
1