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Trendfollowing

GBPCAD Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: GBPCAD is sitting around strong resistance in blue and brown trendline so we will be looking for sell setups on lower timeframes. on H1: GBPCAD is forming a trendline in red so we are waiting for a new/third swing to form around it to consider it objective/valid. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone. As price approaches our lower green support, we will be looking for buy setups. Good luck!
Short
by TheSignalyst
10
EURTRY Buy Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. on H4: EURTRY is sitting around strong trendline in brown so we will be looking for trend-following buy setups on lower timeframes. on H1: EURTRY formed a trendline in red. Trigger: Waiting for a momentum candle close above the gray area to buy. and until the buy is activated, this one would be overall bearish and can still dive a little below the brown trendline. As price approaches our upper green supply, we will be looking for sell setups. Good luck!
Long
by TheSignalyst
7
GBPUSD 265 Pips 💵💵💵😊💵💵💵📙Cable decided to give us a beautiful ( w-x-y ) pattern I'm hoping everyone did very well💵💵💵😊💵💵💵 and chaw a lot of pips. 📙What Next Now ? 😊 📙Don't worry if you missed this bull move😊 just validate this (x) wave then if prove valid, expect bears to get on boards for (y) wave. 📙Please, make sure you validate this pattern before jumping in😊 📙All the best 💵💵💵😊💵💵💵 and lovely Christmas👍👍 💵💵💵😊💵💵💵
by Ghost_Trader_SA
FRESH short signal on the EURUSD Daily chart. My long term trend following model just spat out a fresh EURUSD signal. The signals take price/time inputs exclusively, and involves an initial 'headfake' filter and then requires confirming momentum within a certain timeframe before signaling. EURUSD, GBPUSD, and EURGBP are all very much in play given the recent COVID developments in the UK, as well as BREXIT talks. As you can see from the image the signals aren't bang on all the time, but produce excellent risk reward when they pay.
Short
by CSC1
GOLD - Don't Sell Now! - Video Top-Down AnalysisHello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: GOLD is sitting around strong resistance 1900 in blue and brown trendline so we will be looking for sell setups on lower timeframes. on H4: GOLD is forming a wedge pattern in red so we are waiting for a new swing to form around it to consider it objective/valid. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish and can still dive inside the blue zone. As price approaches our lower green support, we will be looking for buy setups. Good luck!
OANDA:XAUUSDShort
by TheSignalyst
15
Bitcoin On Fire!Bitcoin broke the previous all-time high and the $20,000 round number on December 16th and created a new record high on December 20th at $24,298. It took 3 years for price to revisit this level and we may see price move on up towards the $30,000 round number or we may even see another sharp decline. Cryptos are very volatile and very hard to get an idea of where price may be heading next but price does tend to respect major levels of support and resistance. After seeing some strong moves last week, this week is looking bearish so far and we may even see price move down to retest the $20,000 round number or the previous all-time high. As the consolidation period lasted for 3 years and we finally have a breakout, we can expect to see a strong continuation in the direction of the breakout but as I have mentioned above, cryptos can be volatile so we need to tread with caution here. As Bitcoin is looking bullish, we should see the other Cryptocurrencies follow suit. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
BITSTAMP:BTCUSDLong
by Sublime_Trading
S&P Creating Record Highs and Flying!Following on from the breakout of $3588 on November 24th, price appears to be forming a linear bullish trend. We can identify this when price uses the 20sma as support/resistance as this indicates that the pullbacks are shallow and short in length of time. The most recent consolidation period (shaded area) lasted from September 2nd to November 24th and this occurred following price making a record high. Now that price is creating record highs again, we want to be mindful that price could consolidate once again. This does not mean that we stand aside but it does mean we have to tread with caution and enter into positions gradually so that a lot of our capital does not get tied up in losing positions. As long as price goes on to create higher highs and higher lows then we should see price move towards the $4000 round number. We then need to see if this psychological level will act as a strong level of resistance. We are pretty much bullish in our portfolio and we will continue to look for high probability opportunities and compound on the profitable assets that we have running. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
SP:SPXLong
by Sublime_Trading
GBPUSD 486 Pips 💵💵💵😊💵💵💵🅶🅷🅾🆂🆃 _ 🆃🆁🅰🅳🅴🆁 _ 🆂🅰 📙Cable moved exactly as we predicted😊 I'm hoping everyone did very well💵💵💵😊💵💵💵 and banked a lot of pips last week. 📙What Next Now ? 😊 📙Don't worry if you missed the double top entry to ride with the bears 😊 just validate this small correction they ride with the rest. 📙Trading Cable is very easy once you know where Cable is going and for how long😊 All you have to do is jump in at the end of the correction , take your emotion out of the market then let your winners run 💵💵💵😊💵💵💵 📙Remember that Cable has a tendency of moving in an (A-B-C-D Pattern) usually spotted in smaller time frames. 📙Once you spotted ( A and B ) make sure you jump in at the end of ( C ) then Take your profit at ( D ) 💵💵💵😊💵💵💵 very easy as it says " A-B-C-D" 📙The only reason I shared this very productive knowledge it's because I believe that Forex knowledge is FREE and should not be sold for profit😊 if you're following me or just reading this post idea I'm hoping you'll do the same to your followers😊😊 Make money trading Forex and not selling FREE knowledge to less privileged people. 📙Believe me God🙏 will bless you more than you expected, if you share Forex knowledge for FREE and stop being SELLFISH 👉🧍 📙Please, make sure you validate this pattern before jumping in😊 📙All the best 💵💵💵😊💵💵💵
by Ghost_Trader_SA
8
CADJPY Sell Setup!Hello everyone, if you like the idea, do not forget to support with a like and follow. on DAILY: CADJPY is sitting around strong non-horizontal resistance in brown so we will be looking for sell setups on lower timeframes. on M30: CADJPY formed an objective trendline in red and a head and shoulders pattern so we are waiting for a momentum candle close below its last swing and neckline to sell. Trigger: Waiting for a momentum candle close below the gray area to sell. and until the sell is activated, this one would be overall bullish. As price approaches our lower green support, we will be looking for buy setups. Good luck!
Short
by TheSignalyst
1
GOLD waiting for high probability setups to formHello everyone, if you like the idea, do not forget to support with a like and follow. on H4: GOLD is overall bearish trading inside this big brown trendline. However, it is currently sitting in the middle of nowhere. So we will be waiting for GOLD to approach the upper brown trendline and blue resistance 1900.0 in blue to look for trend-following sell setups on lower timeframes (M30 and H1) OR we will be waiting for GOLD to approach the lower brown trendline and green support 1800.0 in green to look for buy setups on lower timeframes (M30 and H1) Good luck!
OANDA:XAUUSD
by TheSignalyst
3
EDUCATION _Trend duration All trends can be divided by: short-term; medium-term; long-term. To determine the duration of a trend, you need to use senior timeframes. In classical theory, trends are divided into annual, monthly and daily trends. For scalping, as a rule, we have enough: define a long-term trend on a 1-day chart; medium-term trends will be 1-4 hours; short-term trends at 5 and 15 minutes. Thus, we can see the picture, when a single long-term trend consists of several medium and short-term trends. This is often the mistake of beginners. They put one frame, like 5 minutes, define trends, but forget to define medium- and long-term trends. And then they wonder why this price has suddenly turned around at 5-minute. That's why on another timeframe the picture looks different. Say, what do you see on these 5 minutes? Does the price, like an abnormal price, fall down after a side movement? Absolutely. Thus, we can see the picture, when a single long-term trend consists of several medium and short-term trends. This is often the mistake of beginners. They put one frame, like 5 minutes, define trends, but forget to define medium- and long-term trends. And then they wonder why this price has suddenly turned around at 5-minute. That's why on another timeframe the picture looks different. Say, what do you see on these 5 minutes? Does the price, like an abnormal price, fall down after a side movement? Absolutely. the same chart looks like on the 4-hour time frame: It is very important to understand where we are in the trend. You can see the types of trends in this post: Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
TVC:UKOILEducation
by Yuriy_Bishko
30
Gold Holding Above The Weekly 50SMAGold has created a pattern on the weekly timeframe where it has been using the 50 simple moving average as support and appears to have done so again last week. Price did not exactly touch the 50sma but came close and used that zone as a support level. A bounce off this area does not confirm that we will see a continuation to the upside but it prepares us in case price does continue to climb. The all-time high at $2075 at the beginning of August saw the start of a decline which turned into consolidation and then price broke down through the consolidation support level. It was then that the weekly 50sma was used as support. If price does start to resume the uptrend then we have the $2000 round number above price and the all-time high for price to break. These are strong levels of S/R that may prove difficult to break the first time. Gold has the tendency to trend long-term but with periods of consolidation and deep pullbacks along the way up. Gold just needs some patience while it gathers momentum. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
TVC:GOLDLong
by Sublime_Trading
S&P Is Up And Away!The S&P is off to a flying end of the year and if the momentum continues to push price skywards, then we may even see a bull trend through 2021. Price went into consolidation from September 2nd and created a fake breakout on November 9th as it attempted to break out for the first time. Then again on November 16th, price gapped up and broke out of consolidation and because of the momentum, price appeared to be on its way up and remain out of consolidation. This optimism was shortlived when price reentered back into the consolidation zone. On the third attempt on November 24th, price broke out once again and has since remained out of that zone and appears to be forming a linear move to the upside so far. We now want to see a pullback to a level of support and a break and close above a previous high to confirm we are in a bull market and this should give us the confidence that the trend will continue. The 20 simple moving average is just below price and if that can hold as support then we should see a linear trend develop. We are long in both UK and US stocks and will remain that way unless the S&P indicates the trend is over. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
SP:SPXLong
by Sublime_Trading