Evening Traders, Today’s analysis – CRVBTC- price action needs to hold structural support for a trend continuation trade. Points to consider, - Trend higher lows - Key support respected - Daily S/R resistance - Oscillators equilibrium - Declining Volume CRVBTC’s trend needs to establish a higher low to keep market structure intact, allowing for a...
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...
Past week i decided to enter a continuation trade for the EURNZD, i entered the continuation trend at: 1.73714. I noticed that there was little resistance at that current time and it was the perfect moment to enter the trade before it hit a strong resistance level. T/P 1.71933 S/L 1.76385
BIG 3 RULES 1: 20, 40, 80 SMA'S ON CHART 2: PRICE ABOVE ALL 3 MA'S 3: BEARISH PULLBACK IN PRICE 4: BULLISH CONTINUATION CANDLE 5" #4 CANDLE CLOSE ENTER TRADE Attention Traders: The BIG THREE Indicator Can Win Three Times As Many Trades Than Your Average “Free” Indicator” You See in the Marketplace.- Guaranteed or its FREE Go to TSG YouTube channel to watch "BIG...
Price has impulsed out of the descending corrective nature and forming a clean counter trend move. Impulse is slightly messy due to NFP however it has still popped nicely out of the channel and back over the 1hr ema . Will be waiting for at least an hour after market open to then see what price action is doing before considering placing an entry order.
Price has impulsed out of the descending corrective nature and forming a clean counter trend move. Impulse is slightly messy due to NFP however it has still popped nicely out of the channel and back over the 1hr ema. Will be waiting for at least an hour after market open to then see what price action is doing before considering placing an entry order.
ust looking at the recent price action on EJ and we are starting to form a very nice corrective ascending channel . Will be looking for a clean drop out and continuation from this for a short term short trade. As there is no clear Higher time frame structure to this will not look to call the top and only be interested in continuation trades on the drop out.
Just looking at the recent price action on EJ and we are starting to form a very nice corrective ascending channel. Will be looking for a clean drop out and continuation from this for a short term short trade. As there is no clear Higher time frame structure to this will not look to call the top and only be interested in continuation trades on the drop out.
Now that we have a clean impulse breaking out of a descending corrective pattern i will be looking to take this trade long. Will have to wait and see how this continuation forms over the next few hours.
The higher time frame structure on EU is still Showing us that we will likely have a big move to the down side coming. The next key area to be looking for this short will be back up at the DT. Ideal set up on this will be another 3 touch mini ascending at the key area, either the DT or at the bigger 3rd touch trend line. There is however potential for a short...
Price has impulsed up out of the recent descending channel and is now starting to form a clean continuation. Will be watching this close over the next few hours, looking for it to drop a bit further and then retrace before entering.
The higher time frame structure on EU is still Showing us that we will likely have a big move to the down side coming. The next key area to be looking for this short will be back up at the DT. Ideal set up on this will be another 3 touch mini ascending at the key area, either the DT or at the bigger 3rd touch trend line. There is however potential for a short...
Now that we have a clean impulse out of a very corrective ascending structure, I am looking for an entry on this continuation. Need price to stay within the previous high and current low as it forms this counter trend move. This small break out of structure can now potentially evolve into a simple fake out and price could now fall all the way back into the pattern.
Now that we have a clean impulse out of a very corrective ascending structure, I am looking for an entry on this continuation. Need price to stay within the previous high and current low as it forms this counter trend move. This small break out of structure can now potentially evolve into a simple fake out and price could now fall all the way back into the pattern.
Price has given us a very nice impulse out of a corrective ascending channel. This was forecast in a previous post. All we need now is clean continuation within the previous high and current low and i will be entering this position with 2 trades one to manage aggressively and one to hopefully hold for the larger move to the downside.
Price has given us a very nice impulse out of a corrective ascending channel. This was forecast in a previous post. All we need now is clean continuation within the previous high and current low and i will be entering this position with 2 trades one to manage aggressively and one to hopefully hold for the larger move to the downside.
SIX:NESN Let's see how far we can go with the positions in Trailing Stop. Current Risk Reward 7.53 / 1 in eight months. This means about 1% of the account per month on a single position. There are clearly closed positions with regular losses, but the important thing is to have a %profit and a Winrate that determine a positive "profit factor". How can I be sure of...
This is for educational training concerning the Big 3 Indicator Big 3 indicator is great for continuation trades After chart and price analysis showing a double bottom Big 3 shows Bullish continuation trend I would have waited for a breakout of the bullish resistance level shown I added a 50 ema to show trend - price above 50 ema so bullish bias I would exit...