Trendcontinuation
EURUSD - 5 REASONS for Trend Continuation - 4 four PullbackHi Traders!
The market is in a strong Uptrend.
As you can see the market started the rally at 1.08000.
After that it retraced a bit at the Resistance at 1.1000.
But a some time later it broke this Resitance and made higher highs.
It moved up constantly and almost without deep Pullbacks.
The last high is the Level at 1.14000.
Since then it is is moving now in the deepest Retracement after the Breakout.
This Retracement has a some reasons:
Trend-Traders taking Profits,
Resistance-Traders selling now,
Overbought-Traders selling now and
Trend-Retracement-Traders selling because of the Retracement.
But this Bearish Pressure is going to end in the Buy-Zone.
This has these reasons:
Trend-Traders buy,
Resistance-Traders taking Profits,
Overbought-Traders taking Profits,
Trend-Retracment-Traders taking Profits and
Fibonacci-Traders buy.
We recommend to trade the Buy with a bullish confirmation (e.g. candlestick patterns).
Thanks and successful Trading :)!
EURGBP Trend Continuation Pattern - Full AnalysisIf 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.
Hey guys welcome back for some more chart analysis practice!
I wanted to go ahead and do my very first Tradingview video and show you guys a very in-depth view on how I analyse the markets, particularly on the EURGBP trend continuation trade that I am involved with. In this video, I show you guys a potential head and shoulders pattern that may be forming, talk about the importance of shifting your analysis when you are wrong, and not being tied to one particular market direction. Enjoy!
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.
GOLD- GC1! - XAUUSD - H4 - Intraday Analysis - LongGOLD- GC1! - XAUUSD - H4 - Intraday Analysis - Long
We are in a Major Bullish trend and also in a parallel channel in H4 . The price made a bearish correction and is now on a Key support level 1690-1700$ if this hold then we will be looking for long entries.
We are expecting a bullish trend continuation and are waiting for a pullback to enter long.
Our target will be the 0.618 Fibonacci.
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Entry: 1696.50 | Stoploss: 1690.00 | Takeprofit: 1725.00 |
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If you like this idea please click the like button to support us, thanks.
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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GBPJPY Trend Continuation PatternWelcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on GBPJPY. Here as you can see, the market broke below the previous lows of 130.66 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 131.70. Since my entry got hit, I put my stop loss 10 pips above the most recent high @ 133.28, and my target @ 129.35. So, to be completely honest with you guys, I posted this trade a while ago and a lot of my posts got blocked due to violation of the house rules, which in my defense, I wasn't aware I was even violating. So I am going back and re-posting some of my ideas that got taken down.
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.
GBPCHF Trend Continuation PatternWelcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on GBPCHF. Here as you can see, the market broke above the previous highs of 1.1935 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1.1849. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ 1.1765, and my target @ 1.1962. While this trade came to fruition before I could post it, it fortunately was a winning trade.
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.
GBPAUD Trend Continuation PatternWelcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on GBPAUD . Here as you can see, the market broke below the previous lows of 1.8524 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1.8617. Since my entry got hit, I put my stop loss 10 pips above the most recent high @ 1.8730, and my target @ 1.8485. While this trade came to fruition before I could post it, it fortunately was a winning trade.
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.
EURAUD Trend Continuation PatternWelcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on EURAUD . Here as you can see, the market broke below the previous lows of 1.6532 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ 1.6724. Since my entry got hit, I put my stop loss 10 pips above the most recent high @ 1.6902, and my target @ 1.6471. While this trade came to fruition before I could post it, it fortunately was a winning trade.
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.
AUDUSD Trend Continuation PatternWelcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on AUDUSD . Here as you can see, the market broke above the previous highs of .6616 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ .6572. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ .6495, and my target @ .6674. While this trade came to fruition before I could post it, it fortunately was a winning trade.
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.
AUDCAD Trend Continuation PatternWelcome back for some more chart analysis practice. I found another trend continuation pattern opportunity here on AUDCAD . Here as you can see, the market broke above the previous highs of .9142 and is now retracing back into a 0.618 Fib retracement level, which gave me my entry @ .9091. Since my entry got hit, I put my stop loss 10 pips below the most recent low @ .9014, and my target @ .9196. So far, This looks like a pretty clear cut trend continuation pattern. That being said, we'll just have to cross our fingers and 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.
USDZAR 17.36760 - 0.08 % SHORT IDEAGOOD DAY EVERYONE
HERE'S AN IDEA ON THE USDZAR PAIR , LOOKING FROM THE MONTHLY WE HAVE A BIG BEARISH CANDLE JUST ABOVE MY 38.2% FIBONACCI SIGNALING STRONG MOMENTUM TO THE DOWNSIDE.
> ON THE WEEKLY WE ARE STILL IN THAT DESCENDING CHANNEL MOVE TO THE DOWNSIDE STILL VERY STRONG WITH TWO FULL BEARISH CANDLE TO THE DOWNSIDE
> WE MIGHT SEE A BIT OF CORRECTION/ RETRACEMENT TO RESISTANCE LEVEL 17.37298 THEN POSSIBLY CONTINUE TO THE DOWNSIDE.
> IF WE DON'T BREAK RESISTANCE LEVEL 17.37298 LEVEL AND WE SEE A SIGNIFICANT MOVE TO THE DOWNSIDE WILL BE LOOKING FOR SHORT OPPORTUNITIES ON THE PAIR
> IF WE TRADE ABOVE THAT STRUCTURE THE THE CHANNEL HOLDS WILL BE LOOKING FOR LONG.
NOW FUNDAMENTALLY THE MARKET IS OPENING THE 1ST OF JUNE WHICH MIGHT STRENGTHEN THE RAND AGAINST THE DOLLAR SHOULD WE NOT SEE A RISE IN COVID-19 CASES AND FATALITIES HENCE I'M GOING FOR THIS SCENARIO OTHERWISE ANYTHING IS POSSIBLE..
ENTRY - FOLLOW YOUR ENTRY RULES / PENDING ORDERS / SELL STOPS
TARGET 1 - 17.08611
TARGET 2 - 16.66926
RISK MANAGEMENT
PERIOD - SWING
EURUSD 1.11010 +0.22%GOOD DAT EVERYONE
HERE'S AN IDEA ON THE EURUSD PAIR, HOPEFULLY EUR HAS ENTERED AN UPTREND AS WE SEE THE BEGINNING OF THE TREND NOW THE EURO HAD A PRETTY GOOD WEEK IN THIS PASSING WEEK WITH ANNOUNCEMENT OF NEW RECOVERY FUND BY THE EUROPEAN COMMISSION AND SOME GOOD ECONOMIC UPDATES.
HERE ARE SOME POSSIBLE SCENARIOS ON THE PAIR IN THIS COMING WEEK.
ENTRY- FOLLOW YOUR ENTRY RULES
RISK MANAGEMENT
PERIOD - SWING
GBPJPY > Trend Continuation Opportunity 133.00!!Hey friends👋 Support this idea with like if it's helpful to you, leave me a comment below that will help me a lot 🙏.
Analysis of #GBPJPY
Prices broke structure level at 133.00 and now could continue higher toward 134.00, if provide us trend continuation entry we could look to buy this up to
⚠ Please note the ideas is valid only if it happened as I said above
Thanks for taking the time to read my idea please do not forget to hit the like it's my only reward🙌
Check today analysis below
Stay safe everyone
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Before trading our ideas make your own analysis.
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Disclaimer: this information is not a recommendation to buy or sell. It is to be used for educational purposes only**
US30 - Dow Jones - YM1! - H1 - Intraday AnalysisUS30 - Dow Jones - YM1! - H1 - Intraday Analysis - LONG
We have a Major bullish Trend on the H4 & H1 chart, we are waiting for a little correction on a key level @ 24900 before to enter Long.
Our first target will be the -0.236 Fibonacci Level and second target the -0.382 Level.
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Entry: 24900.00 | Stoploss: 24775.00 | Takeprofit1: 25150.00 | Takeprofit2: 25400.00 |
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If you like this idea please click the like button to support this channel, thanks.
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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USDCAD +++ Waiting for a higher Price to SELL +++ Hi Traders!
The market is in a Downtrend.
As you can see the market is making lower lows.
It even broke out from the important and strong Support of 1.38700.
The Oscillator RSI shows the Value 10.3.
For the most of the traders a Value under 30 is oversold.
That's when the Trend-direction-traders cut their winners
and the Trend-reversal-traders get in.
The result is a Pullback.
So, our idea is to enter the Trend-Continuation after the Pullback.
A good sell opportunity is the bounce with the 20MA.
We recommend to trade the trade with a good risk-to-reward ratio.
Thanks and successful Trading :)!
US30 - Dow Jones - YM1! - H1 - Intraday AnalysisUS30 - Dow Jones - YM1! - H1 - Intraday Analysis
We have a Bullish Trend and price made a breakout on a Key level @ 24600,
we would like the enter long, but are waiting for a pullback or breakout of the previous high.
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Entry: 24625.00 | Stoploss: 24500.00 | Takeprofit: 24875.00 |
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If you like this idea please click the like button to support us, thanks.
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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GBPJPY: Trend continuationCypher pattern appearing on GBP/JPY. RSI confirms a bearish bias, therefor short positions have been taken.
Grey highlighted box illustrates a price in which the market found both support and resistance within a relative short period of time.
Some people will say the chart looks like a Head & Shoulders, and I would agree if I did not know better. If you look on the left side on the chart, you will see that we have plenty of room to go in terms of demand which probably will end up getting filled atleast once again. We could potentially end up testing the initial support at a very psychological and major support level at 124.
Hope you enjoyed the analysis and good luck to all trading GBP/JPY!!
AUDUSD - Trend Continuation - EASY Breakout StrategyHi Traders!
The market is moving in an Uptrend.
As you can see, the price is at this moment ranging between
two important Levels:
The Support at 0.63800 and
the Resistance at 0.65700
Now we're predicting a Trend Continuation.
But why now?
You're probably thinking, that the market is at strong Resistance.
That's why it'll fall.
But look at the behavior of the market:
The first time it hit the Resistance, it immediatly pulled back.
The second time, the market again instantly retraced.
We recommend to buy the trade with a Retest.
Thanks and successful trading :)!