Ascending Channel

klim_ klim_ TOP NZDCHF, 120, Long ,
NZDCHF: NZD/CHF. short term deal
111 0 13
NZDCHF, 120 Long
NZD/CHF. short term deal

short term deal for NZD/CHF. Will continue movement on rising channel: from support to target (supply zone + 0.618 Fibo lvl retracement)

alirezanuri70 alirezanuri70 DCRBTC, 240, Long ,
17 2 3
DCRBTC, 240 Long
DCRBTC is LONG DCR is ready for break out traingle dcr is on the bullish channel long term and min term target is 0.0173

Kasty Kasty USDCAD, 60, Long ,
USDCAD: USDCAD Long Opportunity
22 0 3
USDCAD, 60 Long
USDCAD Long Opportunity

USDCAD Potential USDCAD long opportunity. I really like this one because we are nearing some major support and the bottom section of an ascending channel. I also think that we can expect a decrease/pullback in oil which would decrease the demand for the CAD. Fundamentally speaking I feel this is the correct direction due to the talk of a US interest rate hike and ...

IronKnight IronKnight PRO LTCUSD, D, Long ,
LTCUSD: LTC resumes bulltrend
260 0 5
LTC resumes bulltrend

Despite the recent drop in LTC/BTC ratio, Litecoin continues its bullrun on the USD chart. Two recent bounces off the lower trendline and a strong recovery yesterday signal that the rising channel is still intact. If the trend remains unbroken, LTC will reach $50 sometime this June and could potentially top $100 in the days or weeks afterwards.

klim_ klim_ TOP USDCAD, 240, Short ,
620 4 44
USDCAD, 240 Short

Brokeout of rising channel + brokeout of descending channel = SH Target zone near support + 0.618 Fibo lvl + demand zone

angladaroth angladaroth PINKBTC, 15, Long ,
PINKBTC: Bullish channel suggests significant recovery soon
37 0 2
PINKBTC, 15 Long
Bullish channel suggests significant recovery soon

I suggest to buy.

EURJPY:  EURJPY has a double top
399 1 18
EURJPY, 240 Short
EURJPY has a double top

On this 4H chart, EJ has a double top and rehit the ascending channel by several red candles. This is a sign for short trade. Short it for possibility of 300 pips from 123.99-121. Less is more!

ScottMescudiForex ScottMescudiForex XAUUSD, 240, Short ,
XAUUSD: XAUUSD : This week is weak!
122 0 5
XAUUSD, 240 Short
XAUUSD : This week is weak!

XAUUSD lacked the momentum to get through FIB 618 and fell down again. We have a double top and it shows as a resistance zone (blue rectangle). I think gold may go back test the bottom of the bullish channel before resuming its trend. Trade safe!

eexus eexus BTCUSD, D, Long ,
BTCUSD: Bitcoin rising too high too fast??
219 0 3
Bitcoin rising too high too fast??

Bitcoin has been on a tear recently but it looks like the acceleration in its rise has pushed it far above the bullish channel which has held true over the last couple of months. It looks to now be in overbought territory. Although the estimated target of the run is $1,400, the pace at which its going to get there is a bit worrisome. Keep your eyes out for ...

Korora Korora NZDUSD, 240, Long ,
NZDUSD: Technical analysis of NZD/USD for May 23, 2017
49 0 5
NZDUSD, 240 Long
Technical analysis of NZD/USD for May 23, 2017

The NZD/USD pair continues to move upwards from the level of 0.6942. Yesterday, the pair rose from the level of 0.6942 (the level of 0.9866 coincides with a ratio of 50% Fibonacci retracement) to a top around 0.7000. Today, the first support level is seen at 0.6942 followed by 0.6913, while daily resistance 1 is seen at 0.7037. According to the previous events, ...

MFXSCharts MFXSCharts ETHBTC, D, Long ,
ETHBTC: ETHBTC Channel Breakout
164 0 5
ETHBTC Channel Breakout

Ethereum continues to appreciate against bitcoin: currently 0.0767, after trading as high as 0.0865 late Monday. Pair is up more than 100% from the April lows and appears to be gaining momentum, having broken out of an ascending channel on Sunday. Former channel resistance is now acting as support and has been tested twice, appears solid. Initial resistance is ...

klim_ klim_ TOP XAUUSD, D, Short ,
XAUUSD: Who is John Gold?
1053 3 56
Who is John Gold?

We have brokeout of short term rising channel + continue of down_movement on channel on W TF + correlation with rising DXY. So, looking for short position.

SteveNixon SteveNixon PRO AUDJPY, W,
AUDJPY: Speculative Long Term Forecast - Weekly Chart
183 8 24
Speculative Long Term Forecast - Weekly Chart

If we take a purely wave principle view of this pair then price could have a very long way down. The reason I'm posting this chart now is the fact that price is currently at a decision point - I expect it to go long from here but if it goes short there is a very credible possibility that price will fall dramatically over the next year or so. Now I'm not suggesting ...

klim_ klim_ TOP EURUSD, D, Long ,
755 2 59

Continue moving on rising channel after correction from 0.382 fibbo lvl. Target - supply zone

Technician Technician TOP EURGBP, 240, Short ,
EURGBP: Trade 3: Short EURGBP at confluence of resistance
6167 45 143
EURGBP, 240 Short
Trade 3: Short EURGBP at confluence of resistance

Looking to short the EURGBP slightly higher as the price hits multiple resistance levels. 1- The ceiling of the short term rising channel 2- The 200-days simple moving average 3-Bearish engulfing candle on four-hour 4- A falling trend line on the daily chart 5- RSI is overbought Best Technician

JaimePantoja JaimePantoja XAUUSD, D, Long ,
XAUUSD: Gold daily ... Bullish perspective
203 0 7
Gold daily ... Bullish perspective

Look for trading opportunities to enter long, expecting the break out of April´s High, maybe you could search for flag patterns or whatever you use in order to participate in the underlying uptrend channel

TuanNguyen713 TuanNguyen713 USDMXN, D,
54 0 4
USDMXN Long Idea

Hello Traders, USDMXN has now formed a Harmonic Shark Pattern within the rising channel. I've added this pair to my watch list and will be entering a long position once all entry conditions are met. Possible short opportunity at the 61.8 fibo level, resistance, and PRZ. This pair is added to my watch list this week for an entry at the indicated level. As always, ...

LewisGlasgow LewisGlasgow TOP ETCUSD, 60, Long ,
ETCUSD: ETC/USD - Price Structure
711 1 48
ETCUSD, 60 Long
ETC/USD - Price Structure

What's up everyone, here we have ETC/USD on the 1h chart with a very distinct ascending channel. Price has been trading within this area for one whole month testing both support and resistance various times, with no sign of a clear breakout. The purpose of this post is to highlight the key price structure within the market... Refer to this chart whether you're ...

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