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Trendcontinuation

$EURUSD Sharp Downward movement TriangleI'm expecting an aggressive short on $EURUSD - Probably within the 4hour timeframe(The triangle forming a squeeze). There's been sharp downward movements in regular predictable intervals as seen in RED Arrows. The Bulls are buying far less aggressively and the trend suggest they are losing steam - GREEN Arrows. I anticipate a sharp downward movement and have opened a trade based on this. The trend could also break upwards, but it should be far less dramatic, in my opinion. Opened a Short Position at 1.16645 and my target is 1.15290 Stoploss 1.1690 All my ideas, I trade before I publish.
by Coinswop
Trend Continuation PlanUSOIL, as stated in earlier ideas, went parabolic these last couple of days. It seems many sellers' stops got caught during this move. However, higher TFs now show a healthy trend continuation patterns evolving. At this point, there was a failure test below previous psychological high and now this market seems ready for a pullback formation before another bullish impulse leg. Anticipated supply zone is around $75.50, pullback long entries waiting around $70.50. The plan is king as long as the price is within the anticipated bounds.
NYMEX:CL1!Long
by Zoen_Trieste
USDJPY 15M DONCHIAN CHANNEL STRATEGYStep #1: Attach the Donchian channel indicator to your chart. Preferred setting 20 periods. For the purpose of this example, we’re going to plot the Donchian channel on the 15-minute time frame. The preferred Donchian channel settings is 20-periods, which means that the channel lines will be calculated based on the price action from the last 5 hour candles Note* The Donchian indicator is a free pre-build technical indicator that comes free with most trading platforms. Step #2: Wait until the price crawls along the upper Donchian Channel. The price should not go below the middle band during this stage. It’s quite easy to visualize the Crawling Along pattern. When the price action touches the upper Donchian channel, and it stays glued to the upper line, we create the price effect where the price looks like it’s crawling along the top Donchian line. If you think in terms of supply and demand, when the price is crawling along the upper Donchian channel, without departing too far away it means there are lots of buyers that try to push the price higher. This eventually will lead to seller capitulating once the breakout happens. Another characteristic of the Crawling pattern is that during this stage, the price shouldn’t go below the middle Donchian band. Note* The closer the price action moves along the upper band, the stronger the trend is. If you spot this type of price action, then you know this day trend has a big potential for following through. Step #3: Buy1 when the price pulls back to the middle Donchian band. Buy2 when the price pulls back to the lower Donchian band. The channel width gives us a measurement of the market volatility. When we have high volatility in the market, this will be shown on the chart by wide channel bands, whereas low volatility will be displayed on the chart by a narrow channel. Like with all technical indicators the Donchian channel can be subject to false signals from whipsaws and sizeable market swings. Breakouts are very hard to trade, and that is the reason why we prefer to enter on pullbacks. We recommend splitting your trade into two parts as this will give you a better average entry price. The first buy order is deployed when the price pulls back to the middle Donchian band, while the second buy order is deployed when the price retraces all the way to the lower Donchian band. Our entry strategy will give us the opportunity to implement a proper risk management This entry strategy is a good way of framing a trade. So, you have a very specific entry point By sticking to this entry rules, you will realize this is not a bad trade to take because you trade in the direction of the prevailing trend Step #4: Hide your protective Stop Loss below the lower Donchian band Your stop loss can be placed below the lower Donchian band. The catch is that you need to move to the left side of the chart and find the first part of the lower Donchian band where it is flat. You’ll find that often times the Donchian channel will plot perfectly flat lines. This can provide us with excellent spots to hide our stop loss. Step #5: Take profit at the end of the day or if you want to ride the trend more take profit when The beauty of the Donchian trading strategy is that you can apply multiple exit strategies so you can maximize your profits. Now, that we know that the supply and demand balance is skewed to the upside, we can expect buyers to step in far quicker on retracements than they have before. This can indicate that we’ll have a buy explosion to the upside. The first proposed exit strategy is to liquidate your position at the end of the day. Since we’re trying to take advantage only of the intraday trends we don’t want to have any overnight exposure. Secondly, you can wait until the price breaks below the most recent flat lower Donchian band. Note** the above was an example of a BUY trade using our Donchian Channel Strategy PDF. Use the same rules for a SELL trade – but in reverse.
Long
by Tradingstrategyguides
1
Likely continuation short term pattern.Low volume, weakness on a key support level, overall market dullness after a downtrend and a huge descending triangle on the daily chart all indicate that we may see Bitcoin drop further in the following days. Although a short term upwards move to 7000-7500$ cannot be ruled out. Best course of action is to wait for a valid breakout in either direction, then trade accordingly. More likely the short scenario will play out: Target 1: 6100$ Target 2: 6000$ Target 3: 5700$ Target 4: 5100$ Target 5: 5000$ Stop-Loss: 6600$ If the long scenario plays out: Target 1: 6750$ Target 2: 7000$ Target 3: 7500$ Stop-Loss: 6300$ Risk safely, be patient, be brave and may God be with you!
BITFINEX:BTCUSDShort
by g0dfath3r
2618 Sell Pattern USOILUSOIL is seemingly done painting a pullback pattern. It reached 0.618 retracement level of previous bear leg, as well the 0.236 fib extension is pointing to the same level. If this market continues with the recent downtrend, these two levels should attract supply and a break to previous lows can potentially occur. The inside fork's MLH on bear impulse move pivots ABC is also anticipated to attract supply around these levels. This is a pullback trend continuation play with a decent R:R but lower probability. Worth the risk as per me.
TVC:USOILShort
by Zoen_Trieste
7
EURUSD Trend Continuation ShortEURUSD is gaining bearish momentum after hitting the 0.618 fib retracement of last bear leg and reaching the upper MLH of inside fork based on the entire bear move since its peaking. The market at this point normalised the oversold condition and the 4H 150 MA is reached, making it a perfect spot for trend continuation players to step in. Selling 1.1790 with a 55 pip stop and looking for a 2R target around 1.1780 seems reasonable - worth a try.
Short
by Zoen_Trieste
NZDJPY : BUYOANDA:NZDJPY TRADE PARAMETERS Pick Date : 06/11/18 Plan A Entry : 76.83 Stop : 76.63 Target : 78.99 Plan B Entry : 76.39 Stop : 76.19 Target : 78.99 TRADE STRATEGY Income Type : Swing ENTRY Plan A is a fresh 1H demand zone RbR nested in a new 1D demand zone created on the last move up. Speculating a continuation of the bullish trend . Will be doing a set and forget limit order. One can enter in the zone at just use risk management and position size accordingly with the suggested stop. My entries are more conservative. Price will need to have a strong move into the zone for things to work accordingly. Plan B is also in place incase it blows the stop and hits the next zone. Plan A could be a bear trap. STOP 20 PIPs right outside of the low for some protection. TARGET About 200+ PIPs up in a fresh 16H supply zone, that can be a headache.
Long
by 33788
USDJPY : BUYOANDA:USDJPY TRADE PARAMETERS Pick Date : 06/07/18 Entry : 109.44 Stop : 109.24 Target : 113.42 TRADE STRATEGY Income Type : Swing ENTRY 109.44 is a fresh 5 min demand zone RbR created on the last move up. Speculating a continuation of the bullish trend. Will be doing a set and forget limit order. One can enter in the zone at 109.52 just use risk management and position size accordingly with the suggested stop. My entries are more conservative. Price will need to have a strong move into the zone for things to work accordingly. STOP 109.44 is 20 PIPs right outside of the low for some protection. TARGET 113.42 is about 400+ PIPs up in a fresh monthly supply zone.
Long
by 33788
USOIL Bears Are Back With VengeanceMy previous USOIL trade setup failed dramatically. Losing trades are regarded as a business expenditure once risk management is set up properly. It seems USOIL is going through the long-awaited pullback to bring this market back to normal state form being way too overextended. I anticipate bears will try to take this down to around 6750 where they will potentially take profits en masse, thus attracting trend continuation players. It seems reasonable to monitor that area for potential pullback long entries with $1.75k risk and $5k return per lot. This is a lower probability setup with exceptional R:R - worth a try.
TVC:USOILLong
by Zoen_Trieste
EUR/JPY Melting !!!!Hi Guys, Just an update on our EURJPY trade using our trend continuation strategy ! EURJPY Retested our 200EMA and price action was formed perfectly creating the potential from further downside, we currently remain short from 131.19 and have moved our stop loss to BE + Spread, with our take profit, still targeting the previous swing lows - When it reaches we will look to top slice / crystalise some of the profits, and llet the balance run to capture further profits / exploit the EURO Weakness and JPY safe-haven strength !!
Short
by UnknownUnicorn2262924