Here are 3 levels I am looking to enter. NU finally broke down trend on a bat completion with traditional target already reached. Now we sit and wait with our orders on the retracement.
PAIR: USD/JPY TTF: 1HR TRADE: TREND CONTINUATION TRADE NOTE: These are potential Trade opportunities based on my own personal Analysis. Thank you, Star Prosper Philip Stewart
First post, don't really know what I'm doing. Would love feed back though. Reasoning: "Trends are more likely to continue then to reverse". So i found a trend with the lowest lows hitting the bottom trend line, this is where the stop loss should be around, that could indicate a reversal or strong bear push back. The target would be close to the trend line at...
Hey there I'm watching this trend continuation trade at the moment, just waiting for entry point.
For people who trade EURJPY there is a further bullish continuation setting up on the 4hour. we are coming back the trend line of the current upwards move which also fall in line with some Fibonacci confluence. if we can reject that trend line once more and close above 122.800 this will signal a buying opportunity up to targets at 125.500 with a nice risk reward
I am expecting sell setup please remember only on solid price action because break up is very much on the cards.
Wait for price to confirm the resistance at 382 and then short. Continue bearish trend with room to move down. - oversold rsi - fibonacci confluence in the killzone - 382 comes in at prev structure
Its a big if, but if price can get back up here to this level it would be a convenient place for us to see the short term trend reverse. Why? 1.We have a Fibonacci extension level at the 1.618 2. We have a normal retracement from our swing high @ 886 3. Another potential AB=CD pattern 4. this is a good looking support (hopefully come resistance) level. 5. The...
-Price has broken upward sloping channel - Retested 0.50-0.618 retracement - High test - Look for trend to continue to TP3. Will be watching TP levels careful to roll SL
- Price has pulled back and rejected the 0.50 fib retracement - Price is also within a daily range - Looking to take a long trade to top of the range
Not too much to say about this one. Nice Gartley pattern setting up for a possible trend continuation trade. Stops and Targets as your plan says. Best of luck. Website: www.ogtpartners.com Twitter: goo.gl Facebook: goo.gl
FX:USDJPY is currently in a bearish trend. I am looking to enter the train on this trend and am planning to do so with the following: - Daily chart shows downtrend - Previous high touched the 0.786 retracement and reversed - RSI has been overbough So now my plan is to wait for price to break previous support (which will then become resistance) and enter on the...
I think it could be a rebounce on a resistance for a continuation move. stop above 110.20 entry 108.70 tp1 105.80
Another trend continuation Cypher idea. If price retraces to the drawn descending trend line then we'll have an awesome confluence factor to get short on. Being a trend continuation pattern I'm allowed to go for extended targets, but in looking left what that target should be is not very clear, So i'm taking the conservative option of the first level after the...
A 2 part technical trading idea that starts with a Trend continuation trade where price action retraces to a recent structural level with 0.618 fib confluence (not shown) and bearish divergence on the RSI. Target 2 is a bit higher than I would normally take because I did not want to be short after completion of a bullish harmonic pattern. Next, a bullish...
GJ is approaching resistance potentially at the trend line and also at the 50 day MA (also 200MA on the 4h chart). I will be looking for a bearish signal from the candles and/or a break of the upward trend support (green line)