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Trendtrader

USDJPY | A Pullback Before The Sell-offThis analysis is based on the fact I'm a trend follower. The setup of this pair is as simple as it can get. The first thing to notice is the ease of identifying the price in a downtrend. Secondly, the estimation zone can easily be plotted. Finally, there is no confusion about what price is done on the weekly or daily timeframe. This is what I love about the potential of placing a pending order(sell limit) on this pair. I'm aware that I am waiting for a pullback up to 131.829. The range price can push into is between 131.829 as high as 134.773. At 131.829 I am fighting for the best price. My stop loss will be 134.773, and my take profit will be low from where the price will pullback. I don't see evidence of a pullback right now, so I'll wait to confirm my take-profit price. Assuming price may pullback from here my risk to reward on this trade idea is 1.64. However, this is what a simple technical analysis looks like. At least, for my sake. What is your take on this pair? I'd love to view your take on this currency pair. 😍 *These are my personal views. Please trade your views at your own risk.
Short
by ShaquanLopez
6
The Bitcoin Breakdown of the downtrend. A NEW BULLRUN?The BTC price have been in a downtrend since its peak, early November 2021 at a price high shy of $70,000 US Dollars. Since, price had decreased 50% plus to a local bottom around $33,000 US Dollars, Late January 2022. Followed by a relief rally with a peak around $48,000 US Dollars, Late March. For then continue its downtrend to the support area around the $18,000 US Dollars (that just around the price peak of late 2017). Recently, this month the price made a break of the downtrend channel form by this price peaks/bottoms since November 2021. This break can be observe around the price of $19,300 US Dollars.
BITFINEX:BTCUSDLong
by sosacur01
Shiba dropped 70% after signal - now potential rise of 143%?SHIB dumped 70% (purple price range) after the bear Supertrend Ninja - Clean signals (red vertical line on the background). Now there is a bull signal (green vertical line on the background) indicating a possible bull run to around to 2000 sats (0.382) or 2800 (0.618)) forming Wave 4. Which is about 143% (orange price range) possible gain. SHIB is still below the the Ichimoku Cloud , which is considered bearish . Currently it is trying to break a resistance area at 1200. The RSI is still in a range/ slightly bullish at 52. RSI Brown at 72. If we take a look at the Average Directional Index ( ADX DI) its indecisive, as it is ranging. Almost horizontal. Currently SHIB is above its Basis Bollinger Band , Band Basis 20 Period SMA . While it is below the LSMA . In short, SHIB is still stuck in a range on the 2Day chart. Although I am leaning towards a bullish scenario. Since SHIB price and the RSI are still forming a higher low. I do see an Ascending Triangle. Which is a bullish sign as well. Time will tell. 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.
Long
by Kch28
EURJPY - Bullish Bat checkbackBeing conservative in approach means there is a chance for you to miss your trade. The Bullish Bat and AB=CD Pattern retest price could go as early as 135.02 a much more conservative trader might wait as far as 134.06 before engaging the trade. This is a perfect example for you to decide on your trade plan. Engaging early could be that you have a higher chance of catching the move, but it also means it puts you 96pips at a disadvantage should that be a valid setup.
Long
by RaynLim
EURGBP short has presented 📉🔔We are using our trend following EDGE strategy for this trade. Entry details are shown on the chart. Working the H1 time frame here and we're only looking for TP3. The trade history can be seen at the foot of this trade idea too for full transparency. In that box every trade is logged and can be viewed by clicking the tabs in the report box. You as the viewer of this idea can also do that so go ahead and have a play. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.
Short
by pow_removetheguesswork
EURUSD short progressing well 👍📉Entry details are shown on the chart. Working the H1 time frame on this strategy. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.
Short
by pow_removetheguesswork
EURUSD short moving nicely 📉🙌Entry details are shown on the chart. Working the H2 time frame on this strategy. We're only looking for TP3. Trade history can be seen below this trade idea too for full transparency. Previous trades also shown on chart. Strategy tracking this pair well at moment lets see if that continues. ------------------------------------------ I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily. Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way. ------------------------------------------ Please hit the 👍 LIKE button if you like my ideas🙏 Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌 No one likes missing out, do they? Also, see my 'related ideas' below to see more just like this. The stats for this pair are shown below too. Thank you. Darren.
Short
by pow_removetheguesswork
2