Trendcontinuation
ETHUSD Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on ETHUSD. Here as you can see, the market broke above the previous highs of 1,756.06 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1,747.75. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ 1,656.96, and my target @ 1,873.75.
Opinion: So far, I'm feeling pretty confident about this trade as it's currently moving in my favor. But, we'll just have to wait and see what happens.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
BTCUSD Trend Continuation PatternIf you like the content and are getting value out of it, please make sure to hit that like button and leave a comment. Also, if you're interested in seeing more of my analysis don't forget to follow me, and make sure to check out my profile/bio for more in-depth analysis.
Welcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on BTCUSD. Here as you can see, the market broke above the previous highs of 57,444.3 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 55,879.2. Since my entry got hit, I put my stop loss below the most recent low @ 54,204.3, and my target @ 57,990.1.
Opinion: So far, I'm feeling pretty confident about this trade as it's currently moving in my favor. But nothing is certain in trading, so we'll just have to wait and see what happens.
Ultimately guys, while trading can be very simplistic at times, it is genuinely a hard skill to master, and if you are serious about becoming a consistently profitable trader, then you need to master chart analysis. So, take it seriously, get out there and practice it every day.
Disclaimer: This is not a recommendation or an endorsement to buy, sell, or take any positions of any kind, in any market. This is for educational purposes only. I am not taking this trade in real life, and I have not back-tested this particular strategy on this currency pair, so I really don't know how this type of trading strategy will work on this currency pair. That being said, never trade anything you haven't back-tested on your own. Don't trade a strategy just because someone tells you it's a good strategy, always back-test the strategy in question over historical data before trading it with real money. Trading a strategy that has not been back-tested is the equivalence of gambling your money away, or trying to shoot a target when its pitch-black outside. You work hard for your money, so don't throw it away.
EURCAD > Looking for A Trend Continuation Opportunity!!Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Analysis of #EURCAD
Hello friends.
I don't see this market stopping the downtrend anytime soon, still has a lot more downside until it finds support, sure if the economic news does not surprise this week.
I am looking for a trend continuation opportunity if the market retrace to my kill zone I will start watching for a valid reason o get in a valid trade with a good risk to reward setup targeting the previous low and an extension for target tow near the support level
b]FED Press Conference is this week, pay attention.
Safe trading everyone
Check today analysis below⠀
>>Limit your size in any position so that fear does not become the prevailing instinct guiding your judgment.
_____________________________________________________________________________⠀
-Disclaimer: this information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and i have no reason to act on it and neither should you
EURUSD > My Trading plan for this week!!Thank you for taking the time to read my analysis, and if you feel generous and kind today, give it a like and leave a comment it will support the creation of new free ideas for you.
Analysis of #EURUSD
Hello friends.
As predicted, in my last post on EURUSD, you find the link below this post, the EURUSD found buyers just near 1.1900 and bounced back.
I want to see this week a continuation, break and close above the recent high and that will open the door for 1.2100
let me know in the comment what pair you want to see the analysis for in my next free analysis
FED Press Conference is this week, pay attention.
Safe trading everyone
Check today analysis below⠀
>>Limit your size in any position so that fear does not become the prevailing instinct guiding your judgment.
_____________________________________________________________________________⠀
-Disclaimer: this information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and i have no reason to act on it and neither should you
On-Balance Volume | How to Anticipate Trend Reverse?Hello, dear subscribers!
Today we have a very useful information about the potential trend reverse anticipation and trend's strength measurement. On-balance volume (OBV) is one of the most powerful indicator for these purposes. The rising OBV means that the bulls control the market, falling OBV means the bearish pressure, OBV on the sideways means the equal strength of the bulls and bears.
Here are 9 combinations of the price action and the OBV which can help you to forecast the future trend.
1.Price Uptrend + OBV Uptrend
It means that the uptrend is strong and confirmed by the volume. There is a high probability of the uptrend continuation.
2.Price Uptrend + OBV Sideways
The uptrend is not so strong as in the previous point, but bears are not so strong to reverse it.
3.Price Uptrend + OBV Downtrend
There is a sign of the potential reverse to the downtrend, be careful.
4.Price Downtrend + OBV Uptrend
There is a sign of the potential price trend reverse from downtrend to uptrend.
5.Price Downtrend + OBV Sideways
Here is the sign of weakness of the uptrend, but the bulls still have not enough power to reverse the trend.
6.Price Downtrend + OBV Downtrend
It means that the downtrend is strong and there is no potential reverse anticipated.
7.Price Sideways + OBV Uptrend
Bulls accumulates the power to reverse the sideways to the uptrend. This is the bullish sign.
8.Price Sideways + OBV Sideways
This is indefinite situation. Trade execution is not recommended.
9.Price Sideways + OBV Downtrend
Here is the sign of the potential downtrend beginning.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions.
Bitcoin - follow the linesalthough Bitcoin has touched the previous ATH there does not seem to be any sell signals, the trendline is intact so it seems that it is only a matter of hours before the 58K is destroyed ... we follow the trend until the trendline is broken
ETHUSD Nice Long OpportunityETHUSD structure is pushing upside, and price is going for a re-test of previous resistance which will be acting as a support, and from this area I expect a continuation to the upside
GBPJPY - Long - Continuation PatternAfter impulse move to the upside with momentum, I'm seeing this bullish continuation pattern (flag) and look to take entry on this bullish retracement candle at the hour close.
The pair is in an overall uptrend and I foresee some good gains.
Please trade responsibly and manage your risk, manage the trade and move your stop loss accordingly to maximise profits
EURJPY > Looking for Trend Continuation Entry!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #EURJPY
Hello friends,
have been trending very well the same as the USDJPY idea posted today, now I am looking for a trend continuation entry target for the highs again as I believe we still have room to the upside.
first, possible entry is near the first support level I will look for the bearish movement turning to bullish on the lower time frame to get in a buy trade.
if the first scenario did not work, I will still be interested in buy this market near the second support level which is my preference because the risk to reward will be very favorable to me, but sure first I will try to get in the first trade if provided me a reason to enter
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
NZDCHF > A Buy Setup Could Be Worth a 90pips!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #NZDCHF
Hello friends,
this market is in a nice uptrend and I believe there is still room for the upside so I am looking to buy.
if the market retrace to the buy zone I will drop a one-time frame looking for a rotation pattern that meets my rules to enter in a good risk to reward but trade targeting the previous high trade could be worth 90 pips
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
EURAUD > A Simple Trend Continuation Setup!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #EURAUD
Hello friends,
it is clear with this market the move is still to the downside and I am still predicting a move to test 1.5300, so I will be looking for a chance to sell this market, and here is what I want to see.
>>> markets make a retracement to the recent structure, then I will start to see if any of my strategies will be valid to enter a sell trade targeting the recent low and maybe Extention to target 2 near 1.5300.
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
NZDUSD > Comprehensive Analysis for 2 Long Setups!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #NZDUSD
Hello friends,
This pair keeps surprising me with its strength, do you know it has rallied 33% in the last 12 months.
I am now looking for the pair to make a retest to what was a very strong resistance level now turned to support, where will be looking for buying opportunity on the lower time frame targeting the recent highs.
another way to look for abuy is if the market breaks out to a new high, then we can look for the market to make a retest and look for a buy setup.
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
GBPJPY > Very Strong Pound Might Continue Up!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #GBPJPY
Hello friends,
another pound pair is very strong recently the GBPJPY and it might continue to rally up in the short term,
right now the price is testing structure support, a level which the market recently broke out, and as we know the market tends to retest those levels which might turn to support.
I am watching the market on the lower time frame looking for a valid reason with confirmation that the market is moving higher and we are shifting from bearish to bullish, otherwise, the market might continue to move lower to test 147.50-147.30
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
Next step for AUDUSD?Whilst the USD has gained some ground back from it's 12 month decline AUD is still bullish.
After retracing it has finally broken the resistance level.
If we can retest this level I will look for a trend continuation trade to the next highs. Simple trade idea backed up with AUD strength across the board.
What do you think? Can AUD continue it's bullish push?
EURUSD sell bias for the weekExpecting this pair to create a double top, then give me an entry Reason to sell. (Engulfing candle, indecision, shooting star, morning star, harami).
This trade is highly probable considering the last low created, and the new high in progress.
GBPNZD analysis from daily timeframe I believe it. So what is your expectations in comment below.
So guys Let's look at it 😍😍😍🥰😍😍😍😍 with #hasanat_hussain_al_ahmed_hasan
Stay With me
Stay With trading
Stay With idea
Stay on trend
GBPCHF > Big Buy Trade Might Be Setting Up!!If you enjoy this free analysis please like and leave a comment below it will really support creating more free analysis and ideas for you.
Analysis of #GBPCHF
Hello friends,
the market did break and closed above a significant resistance structure level and now we can expect the market to move to 1.2500-1.2530, which is 200 pips from here.
the question now how to get involved in a buy trade?
First, I want to see the market in the lower time frame pulling deeper into the support zone to a place I can comfortably enter with A good risk to reward and hide my stop in a good place.
This a potential big trade with a potential big profit, I will certainly keep an eye on this setup
let me know in the comment what pair you want to see the analysis for in my next free analysis
Safe trading everyone
Check today analysis below⠀
_____________________________________________________________________________⠀
-disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only⠀
-⚠ please note this is just a prediction and i have no reason to act on it and neither should you
EGLD TREND ANALYSISIt looks like there is a continuation about to happen on EGLD, it is repeating the same pattern before breaking the last resistance, with a bullish wedge in my opinion, we might reach another all time high pretty soon.
BTC to hit 26k-22k for a good bounceWe expect that RSI will creates LL and Price creates HL within .5 RED (26k) and .618 REd (22k) and might create a wick in the support/buy zone (17k-19k).
We can bounce to .5 RED then to .382 RED before .618 RED
Weekly Still Overbought
Unless price goes lower below support/buy zone (green box), continuation is valid
Disclaimer: I am not qualified to offer investment, legal, or any other advice nor am I trying to do so.
All my posts are my own opinion and any decisions, investments, or risks you take as a result of following my posts are your own responsibility.
I cannot be held responsible for any decisions you make as a result of following my posts.
GBPUSD - Trend-Continuation Trade - Buildup at ResistanceHi Traders!
The market is in an overall Uptrend.
Here are the screenshots for the several Timeframes.
If you want to have something explained in more detail, don't hesitate to write a comment!
Timeframes: W1 - D1 - H4 - H1
Here is the W1-TF:
This is the daily TF:
Next one is the H4-TF:
Lastly, the Entry-1H-TF:
We recommend to trade the Break with a Retest, to avoid Fake-outs.
Thanks and successful Trading :)!
CADJPY - Bearish BatThis Bat Pattern is quite a highlight for me. I'm waiting to engage this trade only after Monday 11Jan21 1200hr(+2GMT) which is 6pm Singapore time. The preferred entry price is at 81.94. A lot of people may know harmonic patterns but they aren't aware of the rules and filters that's why the results that they are getting are not optimal.
The best part of this Bearish Bat Pattern is that if it works, I may have a target stretch out to the Bullish Gartley Pattern formation on the daily chart. Look at Point C, I'm highlighting it not because of the Bat Pattern completion on the 4-hourly chart, it is more of it violating 1 of the rules of the Gartley Pattern, with that the market may fall through the Gartley Pattern and may even form a Crab Pattern, that would give me a potential target of 533pips that is looking to fulfilled as early as 26Feb2021.
