So we've hit the bottom of a channel here and it's been a hard fall down, I think it's time for longer term longs, great risk reward entry point right now.
Rising Channel Pattern formed and Breakout. Channel Pattern Target is JPY 1906. And also Rising Wedge Pattern formed in weekly Time Frame. If Breakout above the Wedge Pattern, market significantly Bullish Trend and Breakout All Time High (or) market come to the Resistance line of Wedge Pattern. Refer to this image, Support me; I want to Help People Make PROFIT...
As depicted in the chart, the EURGBP pair is within a long-term bearish channel and is nearing its upper boundary, where it may face downward pressure. Additionally, the price is currently trading at a significant resistance level that it failed to breach in its last attempt, suggesting a potential failure to break through again this time. If you've found...
SNOW has been running since about the 1st of February. It beat earnings in November by 50%. Right now it is situated at the mean-anchored VWAP where institutions pick up and drop off shares the most. Price is at the lower boundary of an ascending parallel channel and is now about 8% less than the double top of last week at the top of the channel. Price at the...
Hello, traders and friends. Let's analyze the GBPJPY 1-hour timeframe chart and explore a potential buying opportunity in this pair. Yesterday, the price successfully broke above a Daily bearish channel that had been pushing the price lower since August 21st. This impulsive breakout to the upside suggests the potential for the price to move higher, possibly...
General Motors Company Short Term - We look to Buy at 39.04 (stop at 36.14) The bullish engulfing candle on the daily chart is positive for sentiment. A bullish reverse Head and Shoulders is forming. This is positive for sentiment and the uptrend has potential to return. Dip buying offers good risk/reward. Further upside is expected. Our profit targets...
Welcome back! Let me know your thoughts in the comments! **EURJPY - 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 straight to your...
here is my channel for EURUSD for these days...hope to traders to use this at their trades.
UPDATE: NEW CHANNEL - SAME CLASSICAL METHOD The Price action ITSELF suggests the new Resistance and New Support News Resistance = Old Support 20,174 $ NEW SUPPORT = 17,629 $ WITH CHANNELS SO PROMINENT - SHORT OR LONG BECOME LIKE SHOOTING FISH IN BARREL.
Earlier Today We indicated a good CHANNEL-TRADE SHORT for BITCOIN. By now BTC HAS FALLEN MORE THAN HALF THE WAY TO 20 K . THE RAPID RATE of the BTC FALL Brings to mind : "BITCOIN FELL ON HALF THE BUDGET AND AHEAD OF SCHEDULE" Stay lucid, calm and focused. Good luck to all
The graphic is self-explanatory. Additionally on every re-bounce from the very strong Support at 20,000 $ it would be possible to go Long. A perfect Channel Trade if there ever was one.
i can see btc weekly way in channel in long term...please write your idea in below
We can expect price to reach 4600 or react around the upper channel level, we can start look for short positions pullbacks.
bullish channel for gbpaud price is in soppurt of channel sl is very close and target is realastic. first top risk riward ratio=2.6
ET MAKING A STEADY COMEBACK UP THIS ACENDING CHANNEL MAKING HIGHER LOWS AND HIGHER HIGHS ...LOOKS PROMISING WITH THE LONG TARGETS SET AT THE TOP OF THE CHANNEL ... EARNINGS REPORT IS DUE ON 17 FEB WHICH COULD HAVE A FURTHER IMPACT ON PRICE DEPENDING ON WHATS REVEALED OF COURSE . ALTHOUGH I ONLY FOCUS ON THE TECHNICALS AND RIGHT NOW MY SENTIMENT IS...
Ascending Channel is a Range Pattern that is a repeatable trading chart patterns. Ascending channel chart pattern will have a directional bias (Short) depending on the previous incoming trend. Each chart pattern will have defining trendlines of the support/resistance levels creating the pattern. What ever time frame you are trading this chart pattern, wait for a...