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Trenlines

EURUSD: Analysis and Plan for the week ahead (2JUNE2019)What we are looking right now below is the 4H chart. Reason for me to show this is because I feel that the pair is currently respecting the trend line. If the pair continues to respect the trend line, the pair will not go above the trend line (diagonal red line). Next Move: Will be observing for the next candle stick. If the next candle stick goes bearish, I will take a SELL on this. My plan for this pair is to go for SELL. Otherwise, I will not take any actions yet until it is much clearer. (If the candlestick goes to touch the trend line. Disclaimer: These are only an idea or a point of view of what will happen in the market. Please do your own analysis for more confirmation and do not copy blindly. I will not be responsible for any losses if you follow the idea. These ideas are meant for sharing and learning for those who are still new and learning like me. Please manage your risk-reward accordingly as it is very crucial. You are allowed at any moment to leave any comments below as those comments will be taken as a learning point or reviews. Trade at your own risk and good luck.
by FUADALHAKIM
GBP/CAD - ShortI am new to trading and recently started to publish my analysis. Any advice or feedback is welcome via comments or in the chat. Looking for opportunities to learn new information & techniques. I have done some analysis on the GBP/CAD . The analysis has been done on the 1 hour candlestick chart with the trendline being drawn on the 4hr and I will be keeping an eye on this pair. There is a strong resistance line 1.777 which has been tested around 5/6 times. This is where you can also see a triple top forming. Which is a signal for the price to start to go down. It has touched the trendline three times over the past week and also the resistance line. I would place my: SL @ 1.782 TP @ 1.760 lets see how this plays out
Short
by IJMInvesting
1
GBP/AUD - Bullish I am new to trading and recently started to publish my analysis. Any advice or feedback is welcome via comments or in the chat. Looking for opportunities to learn new information & techniques. I have done some analysis on the GBP/AUD . The analysis has been done on the 1 hour candlestick chart and I will be keeping an eye on this pair. This is a Bullish trend, at the moment the price is on a downward movement on the 1hr chart. Its nearing the 4hr support zone I will be looking for a bullish candlestick at this zone as a potential buy. If this doesn't show it will continue down to the trendline and bounce off that when this happens this will be another buying opportunity I will also be looking for a bullish candlestick at this zone as well before buying.
Long
by IJMInvesting
Long Time bearish Trend line VS 200 Week MA!!! FIGHT !Hi Guys so as we can see the dark red trend line is still the most bearish trend line of all in this BTC bear market. It already brought us down from the 6k levels. The only way right now to cross this trend line is with the 200 MA weekly support which crosses the Trendline at 22. - 24. April and at 3.5k levels. Opportunity to short at the Trend line and buy at the Weekly 200 MA everything else is too dangerous. A decision will be expected next month. IF we cross the trend line earlier i am SUPER BULLISH.
BITMEX:XBTShort
by JonnyM92
3
XAUUSD 31/07/2018Gold price is widely followed in financial markets around the world. Gold was the basis of economic capitalism for hundreds of years until the repeal of the Gold standard, which led to the expansion of a flat currency system in which paper money doesn't have an implied backing with any physical form of monetization. AU is the code for Gold on the Periodic table of elements, and the price above is Gold quoted in US Dollars, which is the common yardstick for measuring the value of Gold across the world.
FX:XAUUSDShort
by minhstyle100x
Sickest bulltrap ever? or 10.k+?Entered back into the initial FAILED o uptrend because of its steep slope resistance is strong around 7750- 7820 Looking for a close (D) above 7.8 before the next big push forward As previously stated we have not moved back for a retracement (just sideways movement followed by upward swings) Trendline/Slope is very aggressive I predict a fall back into the 6.8k=7.0k for support and then and then and then we can m00n technically. Not randomly. But whichever m00n will work. Sickest bull trap ever? Or will we move to 10.k+! Find out on the next episode of BITTTTTTTTCONNECT!
BITFINEX:BTCUSD
by angel0wnz
2