Ascending Channel

ICmarkets ICmarkets PRO USDCAD, 240, Short ,
USDCAD: Short from 1.3171 following the retest of 1.32...
160 0 9
USDCAD, 240 Short
Short from 1.3171 following the retest of 1.32...

As anticipated, the H4 ascending channel formation (1.3165/1.3308) gave way during yesterday’s sessions. This was something we mentioned in past reports, and the reason we believed this to be the case was not only did we have daily resistance at 1.3272 in play, but let’s also not forget that the current weekly demand was also hanging on by a thin thread. In ...

Fx-Nature Fx-Nature BTCUSD, 240,
BTCUSD: BTCUSD - Long into bearish butterfly & 3-Drives pattern...
206 3 10
BTCUSD - Long into bearish butterfly & 3-Drives pattern...

BTCUSD has just reached the bottom of ascending channel, there is good R/R to go long. IF YOU TAKE THIS TRADE, PLEASE REDUCE YOUR POSTION, there is almost 40% to be made... If you want a safe scenario, go short at "D" point of bearish butterfly + 3-Drives pattern Trade responsibly.

IvanMadrazo IvanMadrazo EURGBP, 240,
EURGBP: Chanel #5
19 0 4
Chanel #5

I entered this trade with a sell limit order at pointed blue channel. Expecting to go to the bottom of that channel. If you follow me. yo can se how you can enter this trade. There is a bullish channel that has been broken. Wait for retractment and enter the pullback. Ill try to do a reentrance to double my position.

Madrid Madrid PRO TWTR, D, Long ,
TWTR: Double Bottom and Trading Range 14-19
41 0 1
TWTR, D Long
Double Bottom and Trading Range 14-19

TWTR has double tested the lowest bottom it can reach after it reached the 14 level. It's been trading inside the range 14-19 and trying to break above 19 during the time of an acquisition rumor was running. This time it hasn't needed a rumor to start gaining traction and it's on the upper half of the trading range . It has already passed the Oversold ...

Kappy Kappy PRO HACK, D, Long ,
HACK: Bullish on Cybersecurity
34 0 3
HACK, D Long
Bullish on Cybersecurity

We are becoming more and more dependent on the internet. Along with this increased dependence the social desire for cyber defense will grow. Even at high costs the demand and necessity will be strong. A single company will not monopolize security of the internet - it's too big and too complex - but I do think a broad index of companies building the "immune system ...

Vazzyb Vazzyb PRO 100*(0.31353+GBPUSD*0.12385-EURGBP*0.18414+GBPJPY*0.00086+GBPCHF*0.12896+GBPCAD*0.08537+GBPAUD*0.08116+GBPNZD*0.07446), D, Long ,
100*(0.31353+GBPUSD*0.12385-EURGBP*0.18414+GBPJPY*0.00086+GBPCHF*0.12896+GBPCAD*0.08537+GBPAUD*0.08116+GBPNZD*0.07446): Its time to start buying the Pound
Its time to start buying the Pound

Despite Mark Carney's best efforts to devalue the pound each time he opens his mouth, I think the outlook for the Pound is becoming more positive. There are two factors underpinning this: 1. The Bank of England has a dual mandate - to stabilise prices (keep inflation under control) and promote strong growth and employment. Inflation is at 2.9% while Unemployment ...

tntsunrise tntsunrise TOP NZDUSD, 240, Short ,
NZDUSD: NZDUSD Break down the uptrend channel
9451 88 167
NZDUSD, 240 Short
NZDUSD Break down the uptrend channel

NZDUSD Break down the uptrend channel Find a pull back to short. Although last ideas was a loss, but that is discipline, and I must thank for this stop loss to cut the loss only at 40 pips, not 120 pips. you can see the huge upside move after the breaking out. Now the NZD has broken the channel with a strong bearish candle closed below. I will find a pull ...

orcun orcun XL, 60, Long ,
XL: stock in a UP channel 8ema heading UP to cross 48ema
5 0 6
XL, 60 Long
stock in a UP channel 8ema heading UP to cross 48ema

smaller moving average headed up to cross above the larger moving average

EricJGoforth EricJGoforth BTCUSD, 60, Long ,
BTCUSD: So BFX has an *ahem* "Issue"...
208 0 5
BTCUSD, 60 Long
So BFX has an *ahem* "Issue"...

This morning I was in the middle of writing an update on my BTC views; when the twitter announcement came out the BFX had to halt deposits. Here is what I was ABOUT to say (in short): --- Hey, BTC has refused to traceback to the initial decline; and in fact has refused on 3 occasions to retrace to even 50% of any previous in the past 4 tries. Combined with the ...

felixhamon felixhamon GOLD, 240,
GOLD: Ascending Channel
23 0 4
GOLD, 240
Ascending Channel

Nothing but educational

nlizotte nlizotte XRPBTC, D, Long ,
XRPBTC: XRP/BTC Within Bullish Channel
644 3 16
XRP/BTC Within Bullish Channel

You see will that as we continue forward with ranging, a Bullish Channel has emerged a few days ago and is holding up.

ScottMescudiForex ScottMescudiForex XAUUSD, D, Long ,
XAUUSD: XAUUSD : Success! Bull run this intact
258 0 8
XAUUSD : Success! Bull run this intact

Our gold short was very profitable (and of course a break down of the ascending channel would have been great but oh well! lol) I am now long on this pair unless there is a break down of the price under the current bullish channel. Trade safe!

bgj101 bgj101 PRO GBPUSD, 240, Short ,
GBPUSD: GBPUSD Weekly Outlook 26-30 Jun
88 0 4
GBPUSD, 240 Short
GBPUSD Weekly Outlook 26-30 Jun

Looking for this ascending channel to break BEARISH this week...we're seeing some bullish divergence on MACD so lets be careful. Still looking for shorts.......lets see what we get I've been down for a month...lets get back to riding these waves. Chart updates and trade setups will be updated as needed stay tuned....your comments are needed and ...

AndriyMoraru AndriyMoraru PRO USDCAD, 240, Short ,
USDCAD: Ascending Channel on USD/CAD @ H4
214 0 2
USDCAD, 240 Short
Ascending Channel on USD/CAD @ H4

This ascending channel on the H4 chart of USD/CAD presents an opportunity for a bearish breakout trade. The pattern's borders are shown with the yellow lines. The potential entry level - with the cyan line. The potential take-profit level - with the green line. Stop-loss is to be set to the high of the breakout bar (not shown on the chart).

nlizotte nlizotte ETHUSD, D, Short ,
ETHUSD: ETH/USD Set for 50%+ Retracement
495 0 4
ETH/USD Set for 50%+ Retracement

On the ETH/USD Chart you can see after the multi-million-dollar sell off, triggering margin stops and liquidations, this dump leaves clues. ETH is set to remain bearish for some time and looking to complete the ABC correction to reach the bottom of the Trending Bullish Channel. Accumulation Zone: $211.77 - $164.13

Marginbuu Marginbuu NAVBTC, D, Long ,
NAVBTC: Nav is growing up
58 1 7
Nav is growing up

As polymorph and ADapps are coming closer NAV will probably accelerate its speed. Nav is remaining easily within the long term bullish channel. Also the community on telegram went from about 400 members to over 460 members within a week. The NAV dev team is giving a weekly update on the progress of the roadmap developments. This is unique in my opinion and its ...

jojofang0901 jojofang0901 PRO XAGUSD, 240, Short ,
669 6 32
XAGUSD, 240 Short

Hi traders: There is a potential sell setup forming on XAGUSD (SILVER), as the daily and weekly chart may indicate a lower high has formed, and we can see some bearish momentum coming in this week. On the 4 hr chart we can see the price action broke out of the rising channel. We can wait for price action to reject the resistance and form a potential Head and ...

jsburgos jsburgos PRO BTCUSD, D,
BTCUSD: BTC - Bitcoin will be Back
5050 23 36
BTC - Bitcoin will be Back

Every bubble has to pop, and when it does on Bitcoin, it usually goes back close to where it had all begun. In this case, Bitcoin was within a bullish channel that lasted for 550 days, until it broke it up, went straight up for about three weeks, and now it's dumping. So where is the bottom? Well, taking this channel into consideration, the bottom should be the ...

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