RealOne_TheMovement

RealOne_TheMovement

The market has been consolidating for a while now, with an inverse Head and Shoulder seeming (not yet confirmed) like it's forming. Should the right Shoulder form at the support zone , we will enter and hold until the measured move is complete. Our setup invalidation will be a violation of the support zone. Take what the market offers all the time, don't force...

RealOne_TheMovement

A cross of the small trendline triggers us in, to hold until the resistance zone where we will wait for price reaction there for another setup.

RealOne_TheMovement

The price was in a bullish trend for a while, but it recently crossed the support trendline of that trend (signalling a trend change). Following a cross, we see a pennant (i.e. continuation pattern) forming. A cross of the pennant's support trendline will confirm our sell setup, which we will hold according to the measured move (as illustrated on the chart).

RealOne_TheMovement

GBPCHF looks like it's creating a Cup and Handle pattern (the handle coming off a third resistance trendline touch). This is how we'll trade this in anticipation of the completion of the Handle to go long: On that third trendline touch, the price arrived correctively with a rising wedge (in lower timeframes). This is a bearish pattern, so an opportunity to go...

RealOne_TheMovement

The chart illustrates all the possible scenarios I see EURCAD playing out this coming week. However way it goes, we'll be ready. All we need to practise in this case is patience, observe and take what is offered by the market.

RealOne_TheMovement

Price is currently in a bearish trend and recently came from a third resistance trendline touch (validating the trendline) with a rising wedge formation (a bearish pattern) = two confirmations for our sell bias. An entry will be executed with a break of the wedge's support trendline, which we will hold until the bottom of the pattern. Only enter following a...

RealOne_TheMovement

A rising wedge formed towards a strong weekly resistance area. The price is currently at a strong support zone, a break of that level will be the first confirmation for our sell (not ready for an entry though). What will constitute an entry will be a creation of a bearish continuation pattern (as illustrated). We will then execute at the break of that structure...

RealOne_TheMovement Updated 

Price coming from a fourth (i.e. already valid) support trendline touch with a double bottom. Awaiting a cross and retest of the neckline to go long. NB: TP levels provided only as recommendation. One can use own discretion.

RealOne_TheMovement Updated 

I'm seeing a possible swing entry here. Price came from a third touch of a medium-term trendline (validating it), created a flag; a way of trapping sellers into thinking it will be a continuation of the preceding impulse. However, on the third touch of the support trendline of that pattern (also being validated), a possible Head and Shoulders pattern formed...

RealOne_TheMovement

USDCAD double top on third touch (15min), expecting a retest of the neckline to go short. Falling flag (1hr) was broken correctively, therefore a move to the downside (not its continuation) is expected at the break of that corrective pattern.

RealOne_TheMovement

Price coming from upper part of the pattern, a drop to the downside expected (already broke out of the small channel impulsively, confirming the downside notion). GER30 was still trapping the buyers hence that spike up on the recent movement, with price quickly coming back into the bearish channel, however the drop now seems probable. Tip: At the end of a trend...

RealOne_TheMovement

Shooting star candlestick confirmation (2hr-timeframe) following third 4hr trendline touch. Entry to be made on cross of the steep support trendline.

RealOne_TheMovement

Impulse-correction (i.e. flag)-impulse entry.

RealOne_TheMovement

Price in a nice uptrend, recently coming from the lower end of the trend (which resulted in the entry). For an add-on, wait for a cross + retest of the resistance trendline and hold as recommended.

RealOne_TheMovement

A bullish flag (15min timeframe) formed at a resistance turned support zone + 3rd trendline touch area. Buy when the minor resistance formed by the retracement is crossed. Setup invalidation will be as indicated (Look to go short then)

RealOne_TheMovement

3rd trendline touch (validation point) + resistance turned support zone= strong buy confirmation. Enter now if aggressive or wait for a cross and retest of the resistance trendline to enter for a conservative entry

RealOne_TheMovement

Check recent analysis for entry. This is an overall forecast, hence the trade is a swing (as mentioned previously). The triangle will only be confirmed with a cross and retest to complete upside move as indicated

RealOne_TheMovement

Swing entry. Bullish flag crossed. You may enter now or wait for a retest as a solid confirmation and avoid traps.