Descending Channel

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frogwraps frogwraps PRO BTCUSD, 720, Long ,
BTCUSD: I have never seen a chart that has so many technicals .
116 3 0
BTCUSD, 720 Long
I have never seen a chart that has so many technicals .

First this has a trending down channel with ckearly defined eliot wave patern starting leg three. we broke through support at 13200 and a trend line witch now becomes resistance, new trendline support is blue trend line.somwhere around 9200 depending on when it gets there. But I anticipate a push to 14750 and a completion of the 4th leg of the Eliot wave patern ...

yarr yarr PRO BTCUSD, 240, Long ,
BTCUSD: Bitcoin - The First Signs of Recovery.
1450 7 17
BTCUSD, 240 Long
Bitcoin - The First Signs of Recovery.

Update on BTCUSD: Is it ready to recover or move further downward? As seen in the charts I have highlighted some major evidences of slow recovery. Buyers are gaining more strength and the selling climax is slowing down. Educational part: The current phase is called as Selling Climax where price is being pushed down by strong Bearish pressure. What are the ...

yarr yarr PRO LTCUSD, D, Long ,
LTCUSD: Litecoin - Descending Channel. Buyers Getting Back In The Game?
1049 2 7
LTCUSD, D Long
Litecoin - Descending Channel. Buyers Getting Back In The Game?

Price of Litecoin quickly rejected strong support level area formed by MA100 & 144 Support Level. When the price did this, it is indicating of possible trend reversal and if you look at the long wicks (known as shadows of candlestick as well), it is showing that buyers are getting more control over the price. Histogram of MACD is support upward movement by showing ...

Luiserebii Luiserebii PRO RLCBTC, 15,
RLCBTC: iEx.ec (RLC) - Descending Channel (Consistent 32-38% Profit)
268 2 4
RLCBTC, 15
iEx.ec (RLC) - Descending Channel (Consistent 32-38% Profit)

BITTREX:RLCBTC is a new coin that has very, very recently been listed on Binance. As of now, it seems to have formed a descending channel to consolidate after its recent breakout, which is excellent for trading the highs and lows. Depending on how long the channel lasts, this can result in >40% profit in one swing, due to the decreasing trend and nature of the ...

dipdizzywizzle dipdizzywizzle PRO AUDCHF, 1440, Short ,
AUDCHF: AUDCHF Potential Trading Opportunity!
110 2 3
AUDCHF, 1440 Short
AUDCHF Potential Trading Opportunity!

AUDCHF Potential Trading Opportunity! I will be looking to short AUDCHF because of the underlying fundamentals between the two countries have been pushing prices lower over the past year. We are approaching a strong zone of resistance and AUDCHF has been trending downward in a nice channel. When price gets into the zone it will provide a good opportunity to ...

dipdizzywizzle dipdizzywizzle PRO AUDCAD, 1440, Short ,
AUDCAD: AUDCAD Potential Trading Opportunity!
61 0 2
AUDCAD, 1440 Short
AUDCAD Potential Trading Opportunity!

AUDCAD Potential Trading Opportunity! I will be looking to short AUDCAD because of the underlying fundamentals between the two countries have been pushing prices lower over the past year. We are approaching a strong zone of resistance and AUDCAD has been trending downward in a nice channel. When price gets into the zone it will provide a good opportunity to ...

frogwraps frogwraps PRO BTCUSD, 240, Long ,
BTCUSD: Channel hoping making money look for breakout to show change in
86 0 1
BTCUSD, 240 Long
Channel hoping making money look for breakout to show change in

sentiment I think we go to 14500 and then down to sub 9000

frogwraps frogwraps PRO BTCUSD, 240, Long ,
BTCUSD: channel hopping wheeeeeee
49 0 0
BTCUSD, 240 Long
channel hopping wheeeeeee

I think we see 14500 and then its posibly sub 9k.

SebastianBonillace SebastianBonillace EURGBP, D, Short ,
EURGBP: descending channel short opportunity
44 0 3
EURGBP, D Short
descending channel short opportunity

Descending channel resistance + .0.382 Fibonacci retracement. PL ratio: 1.64

InvstingWise InvstingWise PRO NZDCAD, 15, Short ,
NZDCAD: NZDCAD short potential
38 0 3
NZDCAD, 15 Short
NZDCAD short potential

Divergence on the MACD could lead price to the bottom of descending channel. This could be the end of 5-wave structure. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) Invest to yourself and then your capital. Try to educate yourself along with the signals and enhance your risk intelligence and your ...

xiucat xiucat PRO BTCUSD, 360,
BTCUSD: BTCUSD Descending Wedges
101 0 4
BTCUSD, 360
BTCUSD Descending Wedges

BTCUSD Descending Wedges

jgardere jgardere USDCAD, W, Long ,
USDCAD: USDCAD Rally
50 0 2
USDCAD, W Long
USDCAD Rally

If USDCAD can break through two minor zones to the upside on the daily chart, I can see this pair reach the 1.31 level. This area shows as resistance to the descending channel that is formed on the weekly chart. If price is executed accordingly, USDCAD may surge up to roughly 650 - 700 pips.

eazywayout eazywayout AUDNZD, D,
AUDNZD: AUDNZD DAILY
90 0 4
AUDNZD, D
AUDNZD DAILY

Looks like price broke out of its bearish channel with a bullish engulfing candle, now we could see some more potential upside price action to complete the bigger picture Head on shoulders pattern where we could get a strong move to the downside from that point..

frogwraps frogwraps PRO LTCUSD, 15, Long ,
LTCUSD: Breakout of downward trend or Flag formation
101 0 0
LTCUSD, 15 Long
Breakout of downward trend or Flag formation

posible breakout here watch for two consecutive green pips on the 15 min chart

LTCUSD: RIDING THE CHANNEL TOP
471 1 5
LTCUSD, 60
RIDING THE CHANNEL TOP

What do you see this pair doing. Bullish breakout - tell us why in comments! Bearish channel trade short - tell us why in comments!

InvstingWise InvstingWise PRO EURGBP, 240, Long ,
EURGBP: EURGBP potential scenarios
85 1 3
EURGBP, 240 Long
EURGBP potential scenarios

Last leg up could complete the descending channel and create the conditions for the impulsive bearish move. Huge divergence on the Money Flow Index though, is potentially enough to lead the price to retest even the 78.6 fib area before the down move. 1) Never risk more than 2% of your account. 2) Try to be emotionless by applying your strategy to the pip. 3) ...

frogwraps frogwraps PRO LTCUSD, 30, Short ,
LTCUSD: Look at this Setup WOW
158 0 2
LTCUSD, 30 Short
Look at this Setup WOW

trend change pennant breakout double top on trend channel top double bottom trend channel can it get any clearer.

frupreneur frupreneur GBPJPY, 60, Long ,
GBPJPY: GBPJPY |H1| BAT,AB=CD,DESCENDING CHANNEL
170 0 6
GBPJPY, 60 Long
GBPJPY |H1| BAT,AB=CD,DESCENDING CHANNEL

GBPJPY |H1| BAT,AB=CD,DESCENDING CHANNEL //Recommended Risk Ratio : %2 Max WHAT YOU THINK? ==> I AGREE: Hit Thumbsup :) ==> OTHER THOUGHTS?: Kindly comment so we analyze together :) DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight to my trading techniques, you should do your own due diligence and not take ...

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