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Trendcontinuationpatterns

2618 Sell Pattern USOILUSOIL is seemingly done painting a pullback pattern. It reached 0.618 retracement level of previous bear leg, as well the 0.236 fib extension is pointing to the same level. If this market continues with the recent downtrend, these two levels should attract supply and a break to previous lows can potentially occur. The inside fork's MLH on bear impulse move pivots ABC is also anticipated to attract supply around these levels. This is a pullback trend continuation play with a decent R:R but lower probability. Worth the risk as per me.
TVC:USOILShort
by Zoen_Trieste
7
Weekly Perspective (GBPUSD)Hey Guys, The pair formed a trend reversal pattern and made a nice bearish candle which broke the trend line and closed below the trend line once we see a continuation on the lower time frame it will head south.The continuation is just a confirmation where its gonna head next.Be patient and take this trade because it has huge potential to the downside. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
2
Weekly Perspective (USDCAD)Hey Guys, The pair is forming a trend continuation on the lower time frame.Remember guys we are in this trade from the top now we need to find the perfect exit for this trade once we see a breakout of the trend line we will hold the trades,If we see a continuation to the upside with nice bullish impulse that the time we exit our trades without any hesitation. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Perspective (GBPAUD) Hey Guys, The pair tested the resistance trend line & made a continuation to the downside.The fastest moving currency is currently moving slow.But if we are in this trade we wont regret "This pair has huge potential to the downside".I hope you guys dont get bored reading the same stuffs.So i have a sell setups here look for continuation on the lower degree to grab this trade and be patient. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
1
Weekly Perspective (AUDUSD),(USDAUD)hey guys, The pair is forming a trend continuation pattern to the downside having strong potential southwards.Wait for confirmation on the smaller time frame for the perfect entry.Current we see that the bias is bearish & the pair is in a downtrend of the corrective structure.Another entry can be on the breakout if you are a breakout trader both strategies work well unless you know how to execute it. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Perspective (USDJPY),(JPYUSD)Hey Guys, The pair is Inside the corrective structure & a short term upside move is possible I will be updating this pair on the smaller time frame so that you guys can see that it is forming a trend continuation pattern which is the ABC corrective structure & that move will complete its corrective structure & we may see a strong impulse wave to the downside.Very Much short term trade to the upside on trade that if you have a strategy or wait for more confirmation to enter short. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Perspective (AUDJPY),(JPYAUD)hey guys, The pair is consolidating by making a corrective structure to the downside we are expecting more downside on these pairs they have huge potential trade setups and the bias remains bearish.The pairs are inside a bigger corrective structure of ABC this week we are expecting a completion of wave B & from next week we would be looking to buy the wave C. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly perspective (CADJPY),(JPYCAD)hey guys, The pair is forming a trend continuation pattern and move towards the south.I have been following this pair for quite along time and here we got a continuation which is a smaller continuation compared to the previous bigger which got a break below so we were not interested in selling.this is a good time to enter the trade and make some money on this.On both the charts you see the pair is forming a trend continuation pattern & that's the point where we decide to enter the market or not we have a aggressive move downside followed by a corrective structure and we are expecting that this corrective structure can continue its trend this week. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Perspective (EURCHF),(CHFEUR)hey guys, The pair is forming a trend continuation pattern to the upside & on the smaller time frame as well.This trade has a huge potential & we can make a lot of money by using simple strategy that we normally use we will just protect our profits in this by moving our stops timely throughout the week.I would not be uploading when and how to move the stops. Both pairs have huge potential & yes!! don't forget to have a look at the spreads before entering. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
Weekly Perspective (EURUSD)Hey guys, The previous idea we posted is the same but its a bit messy so decided to posted a new one.Any speculations on the EURUSD guys??? comment below. The pair is inside a corrective structure and according the confluence of DXY the pair is about to rise and make a fresh higher high.There is a possibility that it might break the trend line and continue to rise.We do have a 200 to 250 pips trade on the upside but if you see a breakout you can either hold your position or you can close your trade based on your strategy. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Long
by GrowingForex
DXY Forming A Trend Continuation Pattern (TCP)Hey guys, The pair is forming a trend continuation pattern to the downside and this scenarios tells us that the dollar will get weak in the coming days.This will effect all the pairs associated with US Dollar.So guys look for a larger move and be in the trend rather than looking for reversals. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
INDEX:DXYShort
by GrowingForex
Weekly Perspective (GBPCAD)Hey guys, All the GBP pairs are about to fall big time.We have huge potential trade setups on the lower degree don't miss those trade.A nice continuation on the H1 or on H4 will be a good entry.By this time you guys now our thumb rule of getting a trade on a continuation pattern & move the trades to break even.The co-relation of this pair is we have GBPUSD & USDCAD heading southwards so this pair will fall very aggressively.Manage your trades,Risk & profit but most importantly manage your loss. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex
Weekly Perspective (GBPJPY),(JPYGBP) hey guys, The pair is forming a trend continuation pattern on the downside & it is more like to head towards south.Both the GBPJPY & the JPYGBP forms a trend continuation pattern that is short term trade setups & they are highly risky if you dont have proper strategy,money management & risk management.so guys dont just enter on that trade because you see a trend continuation you have to study the overall structure.if you take this short term trade setup move your stops to break even & let your trade run.It is just a simple principle sell at high & buy at low.Hope you guys understood why I shared this stuff with you because we want every traders future independent. Note: Everything works with Best money management. Note: Please leave comments for any query. Disclaimer: Trade at your own risk. Good Luck...!! Regards, Growing Forex Team
Short
by GrowingForex