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Continuationpatterns

GBPJPY 135.227 + 0.26 % LONG IDEAGood Day Everyone A look at the GBPJPY pair from the 4h chart looking for a breakout from the ascending triangle we've had a couple of fake-outs, looking to see if structure will hold or we'll see that volatility we've been waiting for on the pair... pending Oder, buy oders etc. just around 135.604 looking for a break above structure a break below the whole trading plan changes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
CHFJPY 113.969 + 0.33 % SHORT IDEAGood Day Everyone A look at the CHFJPY seems like we are currently confirming a reversal on the patterns the pair has been net long in the last couple of weeks last week we saw that breakout of an ascending channel and looks like we are currently on the verge of retesting that structure before confirming the reversal to the downside looking for shorts on the pair, looking to see how far up can it push before continuation to the down side lets see how it goes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Short
by PULEMokhothu
AUDUSD 0.69462 -0.24% LONG IDEA Good Day Everyone Here's a look at the AUDUSD pair, the U.S DOLLAR began to regain strength this past week so this could change some of the trading plans against the DOLLAR. We saw a break above the symmetrical triangle structure the pair pushed up and found resistance at level 0.69981 now the pair has seen another rejection at this level forming a double top formation at resistance level. should we rally up and trade above this level ( 0.69981 ) will be looking for longs in the pair if we see a rally down the trading plan will change look out for updates... lets see how it goes Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
USOIL $ 40.58 PER BARREL +2.54% LONG IDEA Good day everyone Here's a look at the USOIL which closed within the ascending structure, looking to see if the structure will hold in this coming week so will be looking for continuation signals to the upside. On the monthly we are currently trading at 61.8% Fibonacci retracement level with a strong bullish momentum the sentiment is still the same on the weekly whereby we have a pennant formation which could signal continuation to the upside and on the daily chart the ascending channel holds looking for continuation to the upside.... lets see how it goes Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
TVC:USOILLong
by PULEMokhothu
US500 3189.6 + 1.18% LONG IDEA Good Day Everyone Here's an idea on the US500 index looking for continuation to the upside resistance level 3189.6 a break above this level will signal continuation to the upside amongst other things a rejection at this level will change the trading plan so look out for updates on the index. Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - DAY TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
ULong
by PULEMokhothu
USDZAR 16.6991 - 0.34 % SHORT IDEAGood Day Everyone Here's an idea on the USDZAR PAIR, that has been bound in an descending channel respecting the structure thus far the pair has been in an overall down trend as the ZAR regained strength against the dollar due to the negative fundamentals from the U.S and so forth, looking for continuation of this move to the down side since ZAR wont be going back to harder levels of lock-down. lets see how it goes Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - DAY TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Short
by PULEMokhothu
EURUSD 1.12972 + 0.11% LONG IDEAGood Day Everyone A look at the EURUSD pair, the pair recently broke out of a descending triangle to the upside pushed up then came down for a retest of structure pushed up again until the bears took control and pushed down to support level 1.12568 forming a double bottom at this level looking for continuation to the upside on the pair lets see how it goes.. Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE TARGET 1 - 1.13453 TARGET 2 - 1.14268 __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
4
GBPJPY 134.865 - 0.2 % LONG IDEA Good Day Everyone Here's an idea on the GBPJPY pair, the pair is currently trading in a ascending triangle within a bigger ascending channel on the 4H chart the ascending triangle could be a signal for continuation on the pair. looking for continuation to the upside and for the ascending channel to hold and continuation with the bulls. Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE TP 1 - 135.362 TP 2 - 138.378 __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
US1000 1072.1 +0.4% LONG IDEA Good Day Evryone Here's a look at the US100 index , the H&S setup didnt hold as we see the index continues hitting HH & HL we remain in an uptrend on the index so looking for longs from here we just hit a swing low so perfect time to look for entries on lower timeframes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD -DAY TRADE TARGET - 10952.2 __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
ULong
by PULEMokhothu
EURUSD 1.13429 + 0.11% LONG IDEA Good Day Everyone Here's a continuation idea on the EURUSD pair, the pair broke out of that descending triangle with the bull we saw some correction and signs of change in momentum for continuation to the upside looking for continuation to the upside. target marked.... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
2
GBPUSD 1.26521 + 0.34% LONG IDEAGood Day Everyone Here's a long idea on the GBPUSD pair, overbought on many signals looking for a bit of retracement ( HL ) before continuation to ( HH ).. If you took this one target 1 was a success you can trail stop or adjust your sl to previous swing low and hold risk free on the pair lets see how it goes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
2
USDCAD 1.25012 - 0.07% SHORT IDEAGood Day Everyone Here's an idea on the USDCAD pair, currently trading at 38.2 Fibonacci level looking for continuation to the downside the pair is currently ranging in a descending triangle which coild signal continuation with the bears. if you took this one adjust SL to previous swing low and hold risk free..... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Short
by PULEMokhothu
2
EURCAD 1.532342 + 0.56 % LONG IDEA Good Day Everyone Here's an idea on the EURCAD pair looking at it from the 4H chart, the pair is currently trading in a pennant formation which might be signalling continuation to the base of the ascending channel but looking at the fundamental of both currencies looking for the EUR to gain some traction against the CAD but it could go either way so the signal will be in effect depending on the breakout of the pair from structure among other thing . lets see how it goes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
3
EURJPY 121.542 + 0.48 % LONG IDEA Good Day Everyone here's a look at the EURJPY pair the just broke out of a descending channel pushed up the came down to retest structure looks like the bulls are in play at the moment pushing the pair up. looking for continuation to the upside on the pair a significant move to the upside and a shift in momentum in this regard would be a trigger of the signal among other thing. Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE TP1 - 124.475 TP2 - 126.951 TP3 - 131.998 __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
US500 3157.5 -0.67 % LONG IDEA Good Day Everyone Here's my idea on the S&P 500 looking at it from a 4H chart looking for continuation to the upside the index just retraced a bit ranging in a pennant formation currently which could signal continuation to the upside looking for significant moves to the upside... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE TP 1 - 3207.8 TP 2 - 3239.1 __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
ULong
by PULEMokhothu
DXY 96.86 +0.1% SHORT IDEA Good Day Everyone Here's my idea on the DOLLAR INDEX, the index broke out of that ascending channel went up for a nice retest on the structure looking for the bears to come into play on the index lets see how it goes... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE TARGETS - MARKED __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
TVC:DXYShort
by PULEMokhothu
XAUUSD 1779.27 -0.28 % LONG IDEA Good Day Everyone Here's a look at the XAUUSD looking for the ascending channel structure to hold on the metal, and continuation to the upside, if you took the previous gold trade adjust to break even and hold risk- free.. Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
OANDA:XAUUSDLong
by PULEMokhothu
US100 NASDAQ 10582.0 -0.25 % SHORT IDEAGood Day Everyone Here's my idea on the NAS100 looking at it long terms if everything pans out we are looking at the formation of a H & S structure on NASDAQ significant moves to the down side would signal this move, if we see a significant rise with the bull trade will be canceled... Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
UShort
by PULEMokhothu
CADJPY 79.311 +0.08 LONG IDEAGood Day Everyone Here's a long idea on the CADJPY pair from the 4H chart looking for continuation to the upside as we just broke out of a descending channel pushed up now consolidating inside a symmetrical triangle structure looking for a break above the structure which will signal continuation to the upside. Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE TARGET - 80.042 __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
USDCHF 0.94421 - 0.11 % SHORT IDEAGood Day Everyone Here's a look at the USDCHF pair from the 4H chart we broke out of a symmetrical triangle structure pushed up for a retest of this structure and we see a momentum shift to the downside gaining at the moment or upon close this pat week, looking for continuation of this move to the down side on the pair. Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Short
by PULEMokhothu
USOIL 40.35 -0.58% MULTI TIME-FRAME IDEAGood Day Everyone Here's a look at the USOIL from multiple time-frames MONTHLY * as we start with the monthly the usoil has been respecting the Fibonacci retracement structure thus far currently trading at 61.8% Fibonacci level looking for a rejection of this level then continuation to the upside but it looks like the bull are in play as momentum to the upside was strong so the USOIL could still just continue rallying up but everything is possible as fundamental outlooks can change the whole spectrum. WEEKLY * coming down to the weekly we start getting a clearer picture where by we are currently trading in a ascending triangle structure / pennant formation which could be signalling continuation to the upside or even reversal depending on the fundamental data and investors sentiments on the USOIL, A BREAK below structure will signal that rejection move and a break above momentum continues to push with the bulls. DAILY * On the daily the sentiment is still more or less the same as on other time frames the picture just becomes clearer as we are in an ascending channel with an ascending triangle. oil could go either way hence i"ll remain neutral and see how it goes. waiting on oil. Good luck and happy trading everyone _________________________________________________________________________________________________________________________ RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
TVC:USOIL
by PULEMokhothu
USDJPY 107.486 -0.01% LONG IDEAGood Day Everyone Here's a look at the USDJPY pair from multiple time frame perspective MONTHLY * On the monthly we are trading in a descending triangle pattern ranging within the structure no straight forward decisive direction on the pair we have a bearish candle forming as we continue ranging within the structure. WEEKLY * On the weekly the pair takes some shape in direction to an extent as we saw another bounce or rejection at 61.8% Fibonacci level the pair is rallying up as the jpy gained against the dollar targeting that 50% Fibonacci level as we determine a bullish sentiment on the pair we might just pull back before continuation to the upside. DAILY And as we enter the day chart we see a rejection just above the 38.2 % Fibonacci level as the US remains the safe heaven for investors-possibilities of a push down are still in the cards but looking for long positions on the pair _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu
EURUSD 1.12434 +0.04 % LONG IDEAGood Day Everyone Here's an idea on the EURUSD pair a look at the pair from multiple timeframes. MONTHLY * On the monthly timeframe the pair went up and was rejected at 50% fibonacci retrancement level pushed down to bounce just below the 61.8 % fibonacci level currently the sentiment is still long on the monthly timeframe even though we pushed down a little we are still i a descending channel looking for the pair to push up for a retest of the structure above. WEEKLY * The sentiment is still the same but now the structure starts to get clearer as we are in a descending triangle structure which may signal a continuation to the upside supporting the persoective of the bulls coming into play in the coming week. looking for the pair to rally up. DAILY * The sentiment is still the same we have a pennant formation now trading in a descending channel posiibly signalling continuation as well targeting previos high looking to the left * The 4h chart and lower timeframes are perfect for entries its important to wait if you are not an agressive trader and want to hold the trade swing, look for confirmations and strong sentiments to support before entry. thank you and lets see how it goes. THE IDEA IS IN PLAY ONCE WE SEE A BREAK ABOVE STRUCTURE AND A COUPLE OF MORE CONFIRMATION. _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE TARGET 1 - 1.13181 TARGET 2 - 1.13515 TARGET 3 - 1.4500 __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
Long
by PULEMokhothu