Trendfollowing
EURUSD BEST place to short! Welcome back! Let me know your thoughts in the comments!
**EURUSD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
NZDCAD Correction to 50% FIB then SHORT!Welcome back! Let me know your thoughts in the comments!
**NZDCAD - 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
BTC dropped 8% after bear signal. More to come for Bitcoin?BTC dumped 8% (purple price range) after the bearish Supertrend Ninja - Clean signals (red vertical line on the background).
RSI at 36 is in the bearish zone. If we take a look at the RSI Brown, its in the oversold area. If we take a look at the Average Directional Index ( ADX DI) its still in the bearish zone. The red columns have overtaken the green columns. ADX (orange line) is looking to cross up the SMA (black line), which indicates the trend is about to get stronger. If so BTC will drop even more. Currently BTC is forming Leg B of the Elliot Wave. Leg C is obviously dependent on how deep Leg B will correct.
Fibonacci rectracement is drawn with orange horizontal lines. Next zones to watch if we break this support is 20,457 USD (0.618) and thereafter 19,164 USD (0.786). Support and resistances are highlighted as grey and light green horizontal blocks.
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
PORTO +282% after BULL signal 🚀🚀 Retrace imminent?PORTO pumped 282% (green price range) after the bull Supertrend Ninja - Clean signals (green vertical line on the background).
RSI at 88 is overbought. I do not see any bearish divergences forming on the RSI Brown or RSI on this chart. Although I expect a retrace to be likely before another run up. It really depends on BTC going sideways instead of going down more. If we take a look at the Average Directional Index ( ADX DI) its still in the bullish zone. Currently PORTO is way above its Basis Bollinger Band , Band Basis 20 Period SMA . And above the LSMA as well.
A healthy retrace first, before another run up to is a possible scenario. But it most likely needs BTC to go sideways for this to happen. Buying here is NOT recommended. Support and resistances are highlighted as grey and light green horizontal blocks.
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Santos +449% after BULL signal 🚀🚀 Retrace imminent?SANTOS pumped 449% (green price range) after the bull Supertrend Ninja - Clean signals (green vertical line on the background).
RSI at 95 is heavily overbought. I do not see any bearish divergences forming on the RSI Brown or RSI on the daily chart. Although I expect a retrace to be likely before another run up. It really depends on BTC going sideways instead of going down more. If we take a look at the Average Directional Index ( ADX DI) its still in the bullish zone. Currently SANTOS is way above its Basis Bollinger Band , Band Basis 20 Period SMA . And above the LSMA as well.
A healthy retrace first, before another run up to is a possible scenario. But it most likely needs BTC to go sideways for this to happen. Buying here is NOT recommended. Support and resistances are highlighted as grey and light green horizontal blocks.
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
USDCHF possible SHORT SETUPUSDCHF structure is bearish, price has approached our point of interest (POI)... we can see some reaction on 61.8% fib level taken from previous lower-high to lower-low and a trendline adding a confluence of resistance. I expect this pair to continue down as indicated on the chart
S&P 500 Signalling Buying Opportunities?As expected, the S&P 500 has reacted to the daily 200 simple moving average
which is acting as resistance.
Basic indicators such as the moving average can tell us before the fact where
price may struggle and potentially reverse.
This move is not a reversal at the moment, a barrier has been formed, and it
will just take the buyers a bit more effort to break above this level.
We have seen some bullish impulsive moves recently, and if the long-term trends
are still intact, then the 200 sma should be broken soon, and then we want to
see price go on to create new all-time highs. Patience for now, but we may soon
be looking for buying opportunities again.
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As always, keep it simple, keep it Sublime.
We have a EURJPY alert 📳Long trade alert for EURJPY has signalled.
Trend trade identified and entered.
Working H2 timeframe.
Trade details can be found on the chart in printed label.
All the TP values same in label as that's what I'm aiming for on this strategy.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Yesterdays CADJPY share hit TP lets see if this Yen pair idea can also.
Thanks for looking
Darren🙌
Time for a long on CADJPY 💹I have a trade alert for CADJPY.
Trend trade identified and entered.
Working H1 timeframe.
Trade details can be found on the chart in printed label.
All the TP values same in label as that's what I'm aiming for on this strategy.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
Update DOGE: Up 28.73% ! 86% potential gains 🚀🚀Since the first post. Doge pumped 28.73% already.
Time to move the stoploss higher, to lock in even more profits. I'm not seeing any bearish divergences yet. Still enough room to go.
Let's see how high it can go!
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
NZDUSD time for a short ⏰↘️We start the week with a NZDUSD short trade .
Trend trade identified and entered.
Working H1 timeframe.
Trade details can be found on the chart in printed label.
Trade box is tracking the trade.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
EURGBP - Wait For The Trigger!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
As per my previous EURGBP idea, highlighted on the chart, we will be looking for sell setups as price approaches the green resistance zone.
on H1: EURGBP is forming a channel in red but the lower trendline is not valid yet.
So we will be waiting for a third swing to form around it to consider it our trigger swing.
Trigger => waiting for that third swing to form and then sell after a momentum candle close below the gray zone.
Meanwhile, until the sell is activated, EURGBP can still trade higher.
Which scenario do you think is more probable and why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
CHZ +68% after BULL signal 🚀🚀 Retrace imminent of Leg B?CHZ pumped 68% (green price range) after the bull Supertrend Ninja - Clean signals (green vertical line on the background). A retrace is likely, see Elliot Wave Leg B. Which can retrace as far as 0.1250 (0.618). Finding support on the Ichimoku cloud. (If this is the top of Leg A.)
RSI isn't heavily oversold. Which means there is still room for more bullishness. I do see some bearish divergence forming on the RSI Brown. Which indicates a retrace is likely. If we take a look at the Average Directional Index ( ADX DI) its still in the bullish zone. Currently CHZ is above its Basis Bollinger Band, Band Basis 20 Period SMA . And above the LSMA as well.
A healthy retrace first, before another run up to form Leg C is a possible scenario.
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Update SHIB: Up 40% ! 143% potential gainsSince the previous post. SHIB pumped 40% already.
Time to move the stoploss above my entry point, to lock in some profits. The rest is free trading.
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
ADA bullish signal. Potential gain of 114% !! 🚀🚀ADA Bullish case:
1. Bull Supertrend Ninja - Clean signals (green vertical line on the background).
2. Ascending Triangle (pink lines)
3. Breakout Ichimoku imminent
4. RSI Bullish zone, at the edge of breaking out of the ranging zone
5. ADX Bullish zone and DI+ upwards pointing
6. RSI Higher high, higher lows
7. Price Higher high, higher lows
8. Price above BB: Basis
9. Price above LSMA
Potential gain (orange price range) of 114% to 1.15 USD forming Leg A of the Elliot Wave. Let the GAINS begin !!
Supports and resistances are highlighted in grey blocks. Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.