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GBPUSD - Same Pattern again? - Swing Trading IdeaHi Traders! Technically the Market is in an Uptrend, because it is moving above the 200MA and also above the 50MA. But we can see the market is making lower lows. Key Areas: Resistance @ 1.26700 weak Resistance @ 1.25300 Support @ 1.22500 Parallel Channel 1, 2 (+ potential 3) - descending Trendline 1, 2 - ascending, supporting Category: - Repetitive Pattern - Swing Trading - Trendline-Break Description: This idea is based on repetitive patterns, as shown in the chart. The market was moving in a Parallel Channel, then it broke out. This Breakout was at the same time the beginning of the Retracement Move. This Movement was supported by a Trendline. This Trendline has been broken downwards. The Price was then moving in another Parallel Channel. This Parallel Channel has been broken up again. Then the second Retracement Move started. In this moment we are at the Trendline and the last high simultanesously! So, if the bearish Breakout occurs, we will sell with the target at Suppport @ 1.22500. BUT what if a Bullish Breakout occurs? Easy: We recommend to trade the Breakout on a closed candle, to avoid false Breakouts! Thanks and successful Trading :)!
by swissmoneymakers
7825 - the last chance for a buy-in.I guess 56 hours of non-stop analysis payed off in a form of followed 56 hours of pleasant observation, of how the forecast predicts with 95% precision all the price movements))) Now this is the time for the bulls to get into play. Probably on Monday, or even in the following 4-5 hours we will observe a huge price. A lot of confirmations kicked in, time to buy, baby. The last chance) See al the divergences. The bears have lost their power for good! 7825 - the last chance for a buy-in (expecting a small dip(1-2correction), but may just be rocketing right now, right to the moon!) Always yours, orb.
COINBASE:BTCUSDLong
by orbborisson
GBP/AUD- FUNDAMENTALS WEEK BUT ALWAYS WITH TECHNICALHello Traders, I have already buy this currency pair in order to catch the movement to the upside. The structure looking good and strong for at least 100 pip movement on daily and also on 4H time frame. However my prediction is that GBP/AUD will reverse to the downside soon with head and shoulders pattern, but these is not a realistic trading idea. It's just a scenario that my experience of 4 years of day trading can occurs. Please because they have close my previous accounts on trading view from mistake and they dont even answer to me the MODS, give like or comment to give me motivation to continue more strong again from the beginning. Step by step if I see that you are interested for learn my personal trading strategies I will create telegram group for FREE. Thank You , Follow me for more ideas soon.
Long
by GiannisVasilopoulos
6600 before going to hell? Bart patterns and such a manipulation is going on, we may bounce back a bit and then go straight forward to 6600. In previous analysis we did not hit the support levels which was 30% chance, but going above 6360 as i mentioned with 6400 breakout (My sl tooked) This may change a game for a short time only.. Or we may see another bart thing on the 6600 ? I could wait for a little bounce back to long 6380 level with even closer stop loss like 6365 with bigger laverage .
BITMEX:XBT
by RasmonT
GOOG: AlphaBet AlphaBet With One Bound It's Free - Buy the next dip That massive triangle has finally been broken above with one giant leap across the border - incredibly bullish for Google and therefore for all world markets. A major buy with stops below 1042 line and upside at 1180. Same with SandP - pressure lifted. No war, as the chart was predicting - a nice RHS on SandP too, next chart There's resistance at 1064-5 in very near term - may get a last chance to buy from lower as it hits this level very soon now. Look to buy the dip. Upside about 118 points, downside 20 from here.
NASDAQ:GOOGLong
by sumastardon
Bitcoin BTCUSD BReaking Out Again - Next Buy PointsBitcoin BTCUSD Next But Points for Sunday We got another attempted breakout around 17:00 est which was enough to trigger a long shot as Bitcoin moved above the central parallel (it was the upper line at this point in time) at around the 8380 level on Bitstamp. It then moved up to the test the first line of resistance at 8545 and a just above before it once again failed. Not great. But stops should have been moved up to at least break even and really should have been moved up to just below 8500 here to protect the position. Now we have a another break out just underway. Buy again with stops under the parallel or can wait for a retest of the parallel it has just left - need to see some volume pick up and then once it breaks above 8170 it should attract more buyers still.
BITSTAMP:BTCUSDLong
by sumastardon
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