Descending Channel

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K_Miyagi K_Miyagi XMRUSD, D,
XMRUSD: Monero- XMR USD - Bottom of channel - Descending channel
71 0 4
XMRUSD, D
Monero- XMR USD - Bottom of channel - Descending channel

Following on from an earlier Idea - Monero broke it's horizontal channel to the downside, but has so far found some support at the 78.6% fib retracement level ($80-82) from the August high. Buying still seems quite weak so I expect it to keep testing this support. If it breaks this with strength we could see price fall quickly to around $60-65. Normally I would ...

K_Miyagi K_Miyagi ETHUSD, 240,
ETHUSD: Ethereum - ETH USD - Descending Channel
142 0 2
ETHUSD, 240
Ethereum - ETH USD - Descending Channel

Accidentally posted a private idea several days ago. This follows on from that - Ethereum broke out of an ascending channel it had been in since late September after forming a head and shoulders pattern and a break of the neckline. It is now in a narrow descending channel with a potential downside of around $250 levels. If it breaks up, out of the channel I ...

SN_Doumet SN_Doumet PRO USDCHF, D, Short ,
USDCHF: USD/CHF - HISTORY REPEATING ITSELF? OR I'M JUST SEEING THINGS?
241 1 28
USDCHF, D Short
USD/CHF - HISTORY REPEATING ITSELF? OR I'M JUST SEEING THINGS?

The pair has formed an Inverted Candle at a key level (Top of Descending Channel which has a confluence with Major Resistance Level) but at also at a Key Time Frame (D Chart). Could this be a Stop Run? We can see a very similar scenario occurring in the past and almost the same exact technique (Stop run) was employed before reversing the pair to the downside for ...

JohnFortune JohnFortune GBPUSD, 240, Short ,
GBPUSD: GbpUsd - Bear Channel Still Intact
63 0 2
GBPUSD, 240 Short
GbpUsd - Bear Channel Still Intact

Last week the GbpUsd broke below key support at 1.31550 before finishing the week back above it. As long as the downward sloping Bear channel stays intact we will be looking for Bearish formations and patterns next week down towards the target and next key area of support to the downside at 1.30342.

EURJPY: EURJPY 4H Channel Trades
158 4 4
EURJPY, 240
EURJPY 4H Channel Trades

Pair is in a descending channel. If price breaks long TP is previous resistance @ 134.40. My bias is short. Price bounced off top channel trendline. There is divergence in rising price and falling rsi. Macd is over-extended long. To confirm bearish move watch for lower lows and lower highs on 15m for entry. 50 sma 1st TP short. 100 sma break short is 2nd ...

YaseenG.Housari YaseenG.Housari EURUSD, 60, Short ,
EURUSD: Descending Channel
332 0 9
EURUSD, 60 Short
Descending Channel

-As I mention before if this pair choose to head north 1.18700 is a good level to luck your profit and now Looks like the major psychological mark is still too hot for the bulls to handle! The pair is having trouble breaking above the level, which isn’t surprising cause if you connect that most recent peaks and troughs, we can see that a fresh descending channel ...

YaseenG.Housari YaseenG.Housari USDJPY, D, Short ,
USDJPY: USD/JPY Daily falling channel
330 0 16
USDJPY, D Short
USD/JPY Daily falling channel

This setup is too good to miss people!! falling channel still intact on daily time frame, with 112.00 a strong resistance level, also ma boii RSI almost in overbought territory. The price could dive to 108. levels again in a long run, if you're willing to take the trade, your stop should be a little bit wide to avoid the high volatility. i'm gonna upload another ...

HutsonBay HutsonBay PRO CHFJPY, 240, Short ,
CHFJPY: SELL the breakout CHFJPY
26 0 5
CHFJPY, 240 Short
SELL the breakout CHFJPY

Breaking to the downside Bounced off 61.8% Series of lower highs

EURUSD: EURUSD 4H Descending Channel Trades
98 0 2
EURUSD, 240
EURUSD 4H Descending Channel Trades

Pair is at the top of the channel trendline. Watch for a break-hook-go on the 15m chart for a breakout long. Price may bounce short off the trendline, return into the channel and fall to the bottom channel trendline at 1.1600. Long TP 1 @ 1.1986 Long TP 2 @ 1.2035 Long TP 3 @ 1.2092

stopsandlimits stopsandlimits GOLD, D,
GOLD: 10/10/2017 Gold Analysis
111 0 5
GOLD, D
10/10/2017 Gold Analysis

Price is breaking the bearish channel.

EURUSD: EURUSD 4H Trendline or Channel Top Reversal Short
97 0 3
EURUSD, 240
EURUSD 4H Trendline or Channel Top Reversal Short

Price is at the top of a trendline and Channel Top. Taking reversal short trade. Breakout at Channel bottom may bounce at previous support level @ 1.1615 area. Take long trade if market fails to continue bearish run back into channel up to 50 sma or channel top.

rs7gram rs7gram AUDUSD, 240, Short ,
AUDUSD: AUDUSD channel short
76 0 7
AUDUSD, 240 Short
AUDUSD channel short

AUDUSD opportunity to short. PA in the middle of the channel, so there's a possibility for a better entry spot by waiting to see if the price goes up to the top of the channel. Not as thought out trade, but the channel is strong so I'm going in on that one for a couple of days also.

GRG1908 GRG1908 PRO AUDUSD, 60, Long ,
AUDUSD: AUDUSD Descending Wedge Long Opportunity H1
36 0 3
AUDUSD, 60 Long
AUDUSD Descending Wedge Long Opportunity H1

As usual, wait for a breakout and enter right away or wait for pull back if you are conservative. There are two scenarios of entry - 0.7837 or 0.7816 TP - 0.7900 SL - 0.7775 Watch the candlestick formations Good luck traders!

G13Man G13Man FOSL, D, Short ,
FOSL: FOSL  down trend channel  , testing again
21 0 3
FOSL, D Short
FOSL down trend channel , testing again

But i really have to, sell to close, my PUTs at that bottom hope fully the flag is BEAR and this will drop but seriously , do U want a 1k purse , or , I phone

GBPUSD: GBPUSD 4H Descending Channel Breakouts
49 0 4
GBPUSD, 240
GBPUSD 4H Descending Channel Breakouts

Pair can go long or short in the descending channel breakout. Long TP is previous resistance @ 1.3596 Short \TP is previous support @ 1.3200

rf16saun rf16saun XAUUSD, 60,
XAUUSD: GOLD broke out of the descending channel
85 0 3
XAUUSD, 60
GOLD broke out of the descending channel

H1 it has broken to the upside but is resisiting on 61% fib, look how the price behave more likely of a fake break out.

Keops Keops PRO ETHUSD, 180, Short ,
ETHUSD: ETHUSD | 3H | DOWN CHANNEL
140 0 5
ETHUSD, 180 Short
ETHUSD | 3H | DOWN CHANNEL

Incoming down channel for eth0. Price may start going down after hitting mid channel resistance https://www.tradingview.com/x/j4sjfZB8/ Cheers, Keops

YaseenG.Housari YaseenG.Housari EURNZD, 60, Short ,
EURNZD: EUR/NZD falling, descending channel
156 0 8
EURNZD, 60 Short
EUR/NZD falling, descending channel

Alright as you can see the price push up to the resistance line of a falling channel, with ma boii RSI is chillin’ like ice cream villain on overbought territory I can assume that the price will dive to 1.6300.. So if you want to sell this pair you could have a sweet reward-to-risk ratio if you aiming to 1.6300 lows or to the previous low to 1.6100 i'm not opening ...

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