Continuation
EURCHF trend continuationbased on price action
this is a trend continuation kind of trade. I am expecting the D to hit the resisstance indicated above though it may take till tomorrow. My stops are based on the 15 mins. I don’t expect a pull back below the 13580 area, however, I expect a number of pull back along the way. my best entry would have been 13670
CADCHF Bird's Eye ViewThe lower timeframes have price action pointing downwards to 0.072200. The core resistance levels on these lower tfs overlap with the current volume-price divergence on the Weekly. On the flip side 0.072200 could turn into a PRZ due to the possibility of the formation of a Bullish Crab pattern at that level sandwiching the PRZ between 0.072200 and 0.071167 (which is strong support that is yet to be tested. Lest we also forget the bullish divergence on the bullish monthly candles of March and April (Yup we are sitting right on that!). I will post the bearish price structure I have placed my stop loss above and we will see if it will hold or not.
Trend Continuation TradeShort Opportunity in the Aud Usd with this one. This bearish trend make a new lower lows and now retracement to the point of entry to make a 1.33 Risk to Reward Ratio trade ,the old support now became resistance and also the RSI indicator is Overbought . Excellent Opportunity to make some pips today!!
Shorting on log support breakFirst time this support has broken since 2013. Targeting $230 and $250, as well as $180 in November. Not based on any news or fundamentals, only technicals. I do have puts open on this.
ETH - Short Target Is $200Expecting more of the same from ETH. This does not look like a reversal pattern. If it breaks the triangle the measured move is to $200.
Beautiful hidden bullish divs on the 1H for BTCBitcoin on the 1h making gorgeous hidden bullish divergences!
BCCBTC Continuation Flag PatternSpotted a tight flag pattern on Bitcoin Cash with good strong volume.
This is one of my favorite chart patterns. High probability of reaching target shown in GREEN only IF/WHEN it break the top of the pole, otherwise no trade.
Waiting for a trigger above the pole to enter into a LONG position. Using a STOP-LIMIT order is the best method.
Please give this trade idea a THUMBS UP and I will keep you updated!
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
AMD, bullish pennant formation
AMD, classic bullish pennant formation. Look for unusual green volume at the apex of the pennant for a breakout confirmation. measuring objective based off the previous bull flag is a 31$ target. However analysts upgraded there target to 30$ therefore i adjusted the target to 29-30. back in march of 2001 there was a similar pennant formation that broke up to >=30. This gives more confidence that the primary bull trend is in its continuation phase.
NEO - NEO Symmetric TrianglePossible bearish contiunation if BTC goes below ~6500.
Extra signals: BTC LONGS are taking over SHORTS slowly, which indicates a slow reverse sentimental change overtime.
(This is not financial advice, this is a volatile market where anything can happen)
BTCUSD: Shallow Retrace Hints At Break Out To 7500.BTCUSD update: Price is hesitating just under the bearish trend line that has been established since early August. While at the same time, the bullish trend line is also still intact. Which way is it more likely to go?
In my recent Bitcoin article on S.C., I explained the increasing risk of retrace as price pushed into the 7Ks. There is no reason to buy into a high, but there are occasional exceptions.
The previous candle has closed as a pin bar. By doing this, price managed to maintain the bullish trend line. This is a sign of strength and a likely continuation pattern similar to an inside bar.
When a market sells off it usually happens fast. The fact that price is holding up certainly supports the bullish argument. It may also be the result of the coming holiday in the U.S. which often unfolds with lighter volume across all major markets.
In summary, if the current structure holds, this market is poised to break higher. The trade would certainly be an aggressive one, and those details will be shared with our members.
We are not one to buy highs, but shallow pullbacks are an attempt to retrace. If the market can't retrace, it is saying that the bulls still maintain control. The 7500 area is a reasonable expectation if a continuation break out occurs. A close below the bullish trend line will negate this scenario. Begin with the idea and then let the market choose to validate it or not.
Continuation Level USDCHF 30/08/18For the long terms, USDCHF seems to be bearish.
For now, the next destination I see is 0.9600 zones, the supply above
Seems like a great continuation level of sell position, if the price will reach
That level I'll sell there, my target will be 0.9600 zones.
