Welcome back! Let me know your thoughts in the comments! ** CHFJPY Analysis - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered...
GBPUSD rising in this channel with a triple strong bounce on the top and two on the bottom and now struggling with the 3th bounce on the bottom of the channel, while price hit a historical supply and seems to have double topped into it. So if the struggle keeps going and price breaks down the channel, while taking out some local bottom wicks, it might offer a nice...
In this chart ( AUDUSD ), we see a disconnected channel pattern that will probably break upwards. In the lower time frame, we see a flag pattern that has the ability to continue based on the current momentum. Of course, we have to wait until this channel breaks apart and then make a decision. wait my friend...
We have a parallel channel in the 4-hour time frame and a flag pattern in the lower time frame, which is currently strongly broken and the flag pattern will be broken soon. Having said that, we will wait for the euro to gain strength against the pound.
downside breakout of channel > return move > rejection off channel bottom. PT is ~$16. A close above $31 would invalidate
ORNUSDT Technical analysis update Buy zone: Below $1.19 Stop loss : $1.03 Take Profit 1: $1.35 Take Profit 2: $1.55 Take Profit 3 : $1.89 Take Profit 4 : $2.15 Spot trade Always keep stop loss Thanks Hexa
Using Parallel Channels in BTC/USDT Chart in Weekly time frame.
OANDA:CHFJPY HI , TRADER'S .. OUR PREVIOUS BUY SETUP REACHED TARGET . NOW MARKET IS IN BULLISH TREND , AND 20,50,200 EMA SUPPORTING MARKET From current price of 144.90 if buyer's push the market up than weekly target will be 147.50 area Price is in Channel Up until unless market breakout channel up at downside , there is is a fair chance of last leg up ....
Channel breakdown, I'm entering aggressive, can wait for retrace for extra assurance.
YFI is attempting to break out of its weekly channel for the 2nd time, last time it failed but has since kept pushing on it. Let's see if we get an actual breakout this time. First need to see it get and hold above the 200 day EMA, then targets come into play. Otherwise lose the top of the channel and it may either push for a 3rd attempt, or it could swing...
on XAG WEEKLY TIMEFRAME, i can spot a bearish channel after a trend reversal , we will wait for a for a bullish breakout of the channel to continue the reversed trend been uptrend. if there is a breakout from the downside then we must look out for fundamentals impacts and fake outs.
USDJPY seems to be losing some STEAM on this current uptrend, which is to be expected as we have gained some significant value and rather quickly since USDJPY hit its bottom around the 128 area. Multiple tests of the upper channel trend line, and a consolidation of the price action give clues to the next move. A retracement and retest of the BOTTOM CHANNEL...
The clear up trend and the symmetry of the prior swing pattern have been broken. The resistance turned support so well. It’s possible to see another 100% extension as bulls’ target price. However, considering what is shown in the previous point and the descending triangle that the market is forming now, I stay neutral at this moment. Conclusion: 1. Long...
DODUSDT Technical analysis update Buy zone: Below $0.162 Stop loss : $0.145 Take Profit 1 : $0.177 Take Profit 2 : $0.200 Take Profit 3 : $0.230 Take Profit 4 : $0.300 Spot trade Always keep stop loss Thanks Hexa
OANDA:XAUUSD HI , TRADER'S .. AS YOU CAN SEE GOLD IS FOLLOWING OUR TRADING SETUP SINCE LAST 2 MONTHS Now Gold is in Channel down , Maximum Down trendline at 1801-1802 Right now market touching upper trendline , where 50ema of 1hr Acting as a resistance breaking upper trendline can make gold bullish , And Gold again can reach 1845 resistance area If...
This is a personalized analysis based on trends, strength of drives and potential moves.
JPY - ⑊⑊ Channel JPY Still within this channel / Pennant pattern - a break to either direction. Break above H: 131.360 expect 133 areas Break below L: 127.000 expect 125 areas It's clean set up but don't forget to use your own trade plan Trade Journal
CFXUSDT Technical analysis update Buy zone: Below $0.092 Stop loss: $0.066 take Profit 1 : $0.111 Take Profit 2 : $0.150 Take Profit 3 : $0.210 Always keep stop loss Thanks Hexa