AUD/USD bullish or bearish?Hi, I’m very new to this and still learning so any feedback is accepted.
Do you think this is a potential bullish or bearish pattern?
I personally think it’s going to come back to the support line, (previously a resistance line) and bounce to the resistance at the top of the channel.
Please please comment let me know your ideas or if I’m doing something wrong/correct.
Learningcurrencytrading
Possible USD/CHF Short position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 week
Actions on -
A – Activating Event
Market will meet resistance in zone @1.0095 - 1.018 and fall to the @ 1.00. In order to enter, the pair MUST be in line with my Entry Procedure
B – Beliefs
Market move towards the first Target 1 level @ 1.00
FX:CADJPY
Trade Management
Entered @ Sign up for mentoring
Stop Loss @ Sign up for mentoring
Target 1 @ 1.00
Target 2 @ 0.
Risk/Reward @ 5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Join our Tier 1 Mentoring Program TODAY!! twitter.com
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
BTC Realtime Analyse #3Hello all my dear friend
Thanks god and Trading View that helped me to find many friends from all around the world in last 2 month and thanks all of you for your kind messages and comments,many of you really helped me to found some signs and patterns better in last analyses.How soon we arrived here,so let's start BTC RealTime #3.
Have a great information for you,hope i think right about this.
Last week as you remember we break that huge triangle and reach our downward channel bottom that started from 10k,so many days i was so confused about that beak out, i expected more fall after break out of that triangle until i discovered maybe that wasn't a TRIANGLE at all.Maybe this is a Descending Triangle.if that is correct then all things come logical.we can continue this wedge to our long term yellow channel(from 2015) bottom then bounce up the wedge and ... .
So let's take a look to this wedge.
First this is not a single wedge,we have 2 wedge here,first one from $20k and second one from $12.8k in Feb.so i attach them here :
First one:
And then second one:
now take a look at both of them to find out exactly how they finish this bear market together:
What here is matter that all of these are just a possibility and with this weakness that we saw in last days it's have lot chance to move us much lower and this idea failed or you need to understand this fact that maybe sooner we break first wedge and continue market by second wedge.If it happen then we see another Great DEC,soon.
So it's enough long term expectation,forget it now and let's back to our BTC RealTime and short term analyse.
As i said in my last BTC RealTime,after a sharp fall in our downward channel(can't say it parallel channel) from 10k we had a little bounce that was a weak one,but by that bounce we made a symmetrical triangle.I explained it last day but i say again.
This kind of triangles are usually continuation pattern but we had situations that this triangles made a reversal and changed trend but can't count on it.Beside,this kind of formations usually take few month to complete and are long term formations.
On the other side we have lot mix signs in MACD and RSI.in MACD you can see bearish reversal sign in 4HR but in RSI you can find signs that show regular bearish div and little hidden bullish div ,together.yeah all of those make me confused and i try to monitor more rather that talk about them.But what is important and clear is lack of Volume on both side that caused all market uncertainly and all uncertainly in market caused this low vol situation.Last day we even had a Perfect H&S but it failed and we hold our support yet.but for sure if we don't see enough money in market we will drop again to last support.All of these caused to i think more about this triangle but as a Pennant that will push us lower eventually.but if BTC want to hold value of that LONG TERM Wedge i mentioned in first of this TA,need to avoid of sharp falling bellow 5900.
I made a TELEGRAM channel after your many requests about it,finally.but what you need to know is that i am little busy and i will publish TAs there just after channel reach to 100 follower,you can join it from this link ,below:
t.me/peymana71
I will update this like always as soon as i find new sign.I want to thank all of you again for your supports and togetherness.Please leave a Like and Comment for me,if you like my work and idea.
Best Regards
Peyman A
USDJPY Short SetupI think the price will go down. In higher TF i can see a channel which is going downside. Maybe the recover of the past uptrend, which price will continue in future maybe? Nevermind. On the 4H i can see a double top after an uptrend. I think thats a reversal pattern and im looking for an downtrend.
I'm learing swing trading. I have no worth mentioning experience. I'm trying to get a view of the market, which i can correct in the future.
My very first trend line.Pascal appears to be breaking out with 6 touches on the trend line including the wick at 0.00008019.
Can anyone suggest how to analyse from this how long the bullish trend can continue?
EUR USD WILL She keep going higher is the question Good evening everyone
well the Euro Usd has had a good rally up and at the time hit a couple key levels: one its hit the median line on my weekly pitchfork so a reaction of some nature will take place that's given, secondly its hit my target for going down, this market I still see in play to the long side and eventually tp2 and higher could be hit if the market keeps breaking the higher levels that the euro has been facing.
Kris
www.mymentortv.com