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Continuationpatterns

EURUSD 1.17143 - 0.48 % * DESCENDING CHANNEL STRUCTURE LONGTRAD Hello Everyone A look at the EURUSD pair from the 4H chart which dropped to 2-DAY lows yesterday at around 1.1750. The pair slowly loosing it grip further as we touched the base of the descending channel structure. ECB remains attentive to the euro appreciation. FED'S J. POWELL will testify on Tuesday, wed & thurs. looking for structure to hold on the pair hence looking for reversal patterns with the bulls to the roof of structure. let's see how it goes. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
USOIL 43.23 - 0.3% LONG IDEA * TREND & STRUCTURE CONTINUATION Hello Every-one Here's an idea on the USOIL which broke above the ascending channel structure currently rallying to retest the descending triangle structure which could possibly be signalling continuation with the bulls so targeting continuation of this move with the bulls on oil. let's see how it goes HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 43.62 TP 2 - 44.25 SL - 42.83 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
TVC:USOILLong
by PULEMokhothu
4
USDZAR 16.87410 + 0.03 % SHORT IDEA * TREND CONTINUATION IDEA Hey everyone Here's an idea on the DOLLAR / ZAR The pair has been in a down trend looking for continuation of this moves in the coming week unless the markets starts indicating otherwise but till then on the 4H chart the pair is currently trading in a symmetrical triangle/pennant which could possibly indicating continuation with the bears lets see how it goes... HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
EURZAR 19.95345 - 0.04 % SHORT IDEA * CONTINUATION PATTENS Hey everyone Here's an idea on the EURO / ZAR pair that has been rallying with the bears and was rejected at support level 19.77624 and pushing up trading in a ascending triangle looking for a continuation of this move with the bears in the coming week. looking for a break of support level 19.77634 to trigger the trade if there are significant moves with the bulls the trading plan will change completely. let's see how it goes. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ORDERS RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
GBPZAR 22.3725 + 0.36 % SHORT IDEA * TREND CONTINUATION Hello everyone An idea on the POUND / ZAR pair that has been trading in a descending channel hitting LH & LL heading down with the bears looking for a continuation of this move with the trend, the pair is currently trading at 38.2 % Fibonacci. TARGETING 61.8 % Fibonacci in the coming week. let's see how it goes HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
GBPUSD 1.31844 - 0.19 % LONG IDEA * CONTINUATION & STRUCTURE IDAHey everyone An idea on the POUND /DOLLAR pair, the pair has been trading in a descending triangle structure within a ascending channel looking or targeting a break above of this structure for continuation with the trend significant moves with the bears change the whole trading plan. so in the coming week targeting a break above of the triangle structure to trigger the trade. let's see how it goes. Hello Everyone An idea on the EURO / DOLLAR pair currently trading in a ascending triangle structure within an ascending channel that has been hitting HH & HL. looking for a break above of structure to trigger the trade with the bulls unless we see a break below of this structure which will change the whole trading plan. let's see how it goes. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
USDCAD H4, wait for retest before entering a sell...This pair is currently in a downtrend and has been making lower highs and lower lows. Price recently dropped lower than the most recent low. This signals to us that it's possible that price can pullback and retest this zone before continuing to sell. Drop to a lower time frame and wait for a reversal pattern to form before taking this trade. However, be careful with this pair because price is near a major support zone and could reverse.
Short
by iamarielle_868
US500 3448.3 - 0.02% LONG IDEA * PENNANT CONTINUATION PATTERNSHey Everyone Here's an idea on the S&P500 which broke out of a ascending triangle structure pushed up and is currently trading in a bull flag / pennant formation which could be signalling continuation with the bulls. looking for a break above and continuation of this move. lets see how it goes. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP - 3498.0 SL - 3440.5 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
ULong
by PULEMokhothu
USDCAD 1.31695 - 0.12 % SHORT IDEA * CONTINUATION PATTERNSGood Day Everyone As we saw some DOLLAR recoveries this Friday seems the CAD is correcting this before market close the pair has been trading in a descending channel looking for continuation patterns on the pair we already saw a couple of rejections at resistance level 1.32432 let's see if the bears can keep control of this one going with the weakness of the dollar on this one. let's see how it goes... HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 1.31215 TP 2 - 1.30548 SL - 1.32301 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
2
GBPUSD 1.30854 - 0.79 % LONG IDEA * TREND ANALYSIS + CONTINUATIOGood Day Everyone A look at the DOLLAR / POUND on most fronts the market is closing on the dollar recovery this Friday but the pair is still net long on higher time-frames so still looking for longs in the coming week until the charts say otherwise but coming down to the 4H chart the pair is trading in a pennant formation which could be signalling continuation with the bulls on the so looking for longs on the pound in the coming week. let's see how it goes. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 1.33155 TP 2 - 1.35210 SL - 1.29612 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
AUDUSD 0.71589 - 0.45 % LONG IDEA * REVERSAL PATTERNS , CONTINUGood Day Everyone A look at the uptrend on the AUDUSD pair in which the DOLLAR showed some signs of strength upon close today but failed to show significant moves that could signal reversal on the trend. the pair is still trading in a uptrend just hit another LH forming a DOUBLE BOTTOM AT support level 0.71369. looking for a continuation of trend with the bulls in the coming week. lets see how it goes... HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES SL - 0.71151 TP 1 - 0.72082 TP 2 - 0.72913 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu
EURJPY 124.782 - 0.56 % SHORT IDEA * CONTINUATION PATTERNS Good Day Everyone On the EURO / YEN the pair is currently holding the descending channel structure as the market closes, looking for continuation of the trend on the pair in this coming week. The pair is currently trading in a bearish flag formation when scaling down a little which could signal continuation with the trend should RESISTANCE LEVEL 125.066 HOLD... lets's see how it goes... HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 124.294 TP 2 - 123.459 SL - 125.175 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
GBPJPY 138.437 - 0.97 % SHORT IDEA * MOMENTUM SHIFTS Good Day Everyone A look at the GBPJPY , the pair broke and is currently trading below the previous lower high. Seeing some signs of momentum shift which still needs some more confirmations but momentum shifts nonetheless. looking for a retest of resistance level 139.212 to trigger the trade in the coming week and some more confirmation on the shift of momentum with the bears on the pair... let's see how it goes... HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 138.283 TP 2 - 137.103 SL - 139.451 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Short
by PULEMokhothu
EURUSD 1.17939 - 0.56 % LONG IDEA * CONTINUATIONGood Day Everyone A look at the EURUSD just as with other major currencies we close the pair with the recovery of the DOLLAR on the EURO / DOLLAR as well, if you took this one target 1 was a success but looking forward to more moves with the bulls on the pair in the coming week, we are currently trading at the base of a ascending channel looking for a push up with the bulls so basically looking for continuation of the trend on the pair significant moves with the bears will change the whole trading plan. let's see how it goes. HAPPY TRADING EVERYONE _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES TP 1 - 1.19438 TP 2 - 1.21465 SL - 1.16542 RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If this idea helps with your trading plan kindly leave a like definitely appreciate it.
Long
by PULEMokhothu