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Continuation

Trend Continuation Patterns & Reversal Patterns🚀💣Hi, friends! Let's keep learning?😉 Today we are talking about <> and <> of Technical Analysis 😊 - this girls try to tell You more details😉 Hope, It would be helpful for You♥️ 🐂Bull flag🐂 The principle of bullish flag trading, like all technical analysis figures, is the same - a breakout of the control point is required. As soon as a breakdown has occurred, you can immediately post the target. The target in a bull flag will be the height of the pole. There is one more feature of this figure - the canvas of the flag should be tilted against the main trend. 🐻Bear flag🐻 For the most profitable entry, it is better to enter into a deal with a pending order. As soon as the trade is entered, the take profit is placed at the height of the pole from the breakout point of the pattern. 🐂Bullish pennant🐂 The pattern trading rules are identical to the bull flag trading rules. 🐻Bearish pennant🐻 The trading rules are the same as for the bear flag . 💥Head & Shoulders Pattern💥 After the pattern has become clearly visible, namely, the right shoulder is clearly visible, the trader needs to wait for the neckline breakout. Breakouts occur on strong impulses with a sharp increase in volume . Therefore, in order not to miss the entry and enter at the best price, it's better to use a sell stop order. To calculate where the price will go after the breakout of the pattern, it is enough to measure the height of the pattern (vertical from the maximum of the head to the neckline) and postpone it to the breakout point. 💥Inverted Head & Shoulders Pattern💥 An inverted head and shoulders pattern occurs in a downtrend and heralds an uptrend. The rules for working on a figure are similar to the previous ones. It is worth noting that the head and shoulders pattern is rarely encountered in its pure form. Be careful! 💥 Double Bottom Pattern 💥 After you have identified the pattern on the price chart, you need to wait for the breakout of its resistance line. If the price has broken through the resistance, then the target will be the width of the pattern's range - the distance from the lowest point to the resistance. 💥Double Top Pattern 💥 A double top is similar to a double bottom . The only difference is that this pattern is reversed and occurs on uptrends. The number of extrema in a pattern can be not only double, but also triple, and even more. But the rules of work will be identical for everyone - enter on a breakout, postpone the target to the height of the figure and wait for its execution. 💥Diamond💥 We measure the height and wait for the breakdown of the diamond. If a breakout has occurred, then the price movement target will be the height of the pattern from the breakout point. 💥Cup & Handle💥 Trades are opened on the breakdown of the "handle" upwards. Target is the height of the figure. Thanks for Your attention🙏🏻 Stay in touch🧡 Sincerely yours Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
10
APPLE - Falling From The Tree!Hello everyone, if you like the idea, do not forget to support with a like and follow. APPLE rejected its all-time-high and now falling down, so we are currently in a down-trend. on H1: APPLE is forming a symmetrical triangle (pennant) in red but the lower trendline is not valid yet (as it only connects two swing lows) so we will be waiting for a third swing low to form around it to consider it valid. Trigger: Waiting for a momentum candle close below the gray area (the entire structure) to sell. When the sell is activated, a downward movement would be expected equal to the previous impulse. and until the sell is activated, this one would be overall bullish and can still break the upper red trendline and test the all-time-high again before falling. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NASDAQ:AAPLShort
by TheSignalyst
91
QQQ - Clean and Clear!QQQ is overall bullish but a reversal is always possible. As you can see, QQQ is trading inside the blue trendline forming a channel. We have two possible scenarios: 1- Continuation: The upper orange trendline is not valid yet, so we will be waiting for a third swing high to form around it (as shown in purple) and then buy on its break upward as a trend-following setup. 2- Reversal: The lower blue trendline is also not valid, so we will be waiting for the swing low to form, and then sell on its break downward. (as shown in red) Then as it approaches the lower brown trendline, we will be waiting for buy setups to form. As per my trading style: When our buy or sell is activated, the stop loss goes beyond the last swing from the other side. and I target double the stop loss size. Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
NASDAQ:QQQ
by TheSignalyst
49
ZEC IN Tran$itLooking strong across multiple timeframes. Need to break above the overhead resistance to get excited. Would then need to see $100 range hold as support. That being said any market could fall drastically in the current world climate. Its a risky game betting your way to wealth. Everyone is quick to say if btc falls alts will too. .... Crypto is going mainstream Btc is not private. Monero is very private but non compliant to the controller's demands. Zcash will be their baby. Not Financial Advice.
GEMINI:ZECUSDLong
by MitchMilli
In depth look at continuation bull/bear flag structures/patterns Hello everyone: Welcome back to another quick educational video on price action structures/patterns. Today let's go deeper into the continuation correctional structure. Specifically, the continuation bull/bear flag structure. First it's important to understand that a bullish/bearish flag is a continuation correction. They are representing a correctional phrase of the price action, before resuming the previous impulse phrase. As price action traders, we must be able to identify what correction we are seeing. This will allow you to get ahead and make your forecasting so you are prepare to any potential entries Second, bullish/bearish flag correction will appear in any time frames, any markets, and in different sizes. Typically a flag correction will have at least 2 swing highs and 2 swing lows and relatively even and proportion in angle or length. They can be slightly slanted or very parallel to each other. Remember the market is not perfect, it wont always present us picture perfect, textbook structures. Thirds, So its important to understand multi-time frame analysis, top down approach. A LTF bullish/bearish flag may or may not have the potential to start taking off massively due to the higher time frame showing us a conflicting bias. So its important to add as much confluence to your trade as possible. As always, any questions, feedback or comments please let me know :) See you all in my next weekly outlook stream. Thank you
BINANCE:XLMUSDEducation
by jojofang0901
18
LTC Expect only continuation to the upside. Hello traders: Litecoin has been pushing up from the bottom, and there were several continuation corrections to push the price up. Now the price is getting close to the previous swing highs now, but looking at all these bullish price action, I expect price to continua its bullish momentum. Ideally is to see price impulse up aggressively, and formed larger continuation correction after to look for more scale in opportunities Thank you
BITSTAMP:LTCUSDLong
by jojofang0901
15
Stellar Still potential upside move Hello everyone I am still looking at XLM here for the bullish continuation possibilities. What we see from the overall price now is this HTF flag continuation for the previous strong bullish move. Price had a short bearish move down, but quickly had a bullish reversal, followed by a correction in the making. I would wait for a completion of this current correction and push the price up, and wait for LTF continuation corretiom. Thank you
BINANCE:XLMUSDLong
by jojofang0901
10
Money Heist Binary StrategyOverview: This is a strategy for binary traders to help with finding strong entry points that go with the trend and market sentiment. It can be used on any broker that options turbo trading (not recommending nor am I affiliated with any specific broker). The purpose of using this strategy with these indicators is to help traders with finding entry points going with the trend each and every trade. In order to maximize efficiency with this strategy, I have developed a guideline on how I personally use it to find entry points. NOTE - This strategy works on any time frame. Trade length will be the time frame used for analysis. Eg; Analysis on M5 = 5 minute trades. If you are using a broker with the rollover feature, use a maximum of 2 rollovers only. If you are taking 5 minute trades, 2 rollovers will provide you a 20 minute trade which is more than enough. How Traders Can Benefit From Using This Strategy: As traders, we all know the basic fundamental of trading is to always trade with the trend. However, with binary options, it seems traders can be enticed to focus on reversals against the trend. This can lead to developing bad habits in the market which I personally believe can easily be prevented. Traders can use this strategy to trade with the trend by using a combination of indicators that are shown on the chart. Indicators Used on the Chart: As you can see, I am using 3 different exponential moving averages on the chart. Complimenting my EMA's are a Call or a Put arrow that appear with each candle. On the bottom panel, we can see that the RSI is being used alongside a currency strength meter to help identify which currency is stronger. How the Strategy Works: We begin by first looking at the 3 EMA's on the chart. They serve the purpose of identifying which trend the market is in. In a downtrend, we can see that the EMA's are facing downward while in a uptrend, they are facing upward. A simple technique to identifying the trend using the EMA's is to color code them. In a down trend, the purple EMA will be the highest followed by the red and then the green. In an uptrend, the purple EMA will be the lowest with the red on top and the green at the highest. You can use this technique to identify which general trend the market is flowing in. Not only do EMA's serve the purpose of helping traders identify which trend we are in, they can also act as a moving support or resistance area. When we are in an up trend, the EMA's can act as a moving support - meaning traders can use their price points to take CALL setups. When we are in a downtrend, the EMA's can act as a moving resistance. Next up, we have the RSI located on the bottom panel. As you can see, my use of the RSI is very different than the traditional overbought/oversold style of use. I use the RSI to identify whether there is more bullish or bearish strength. To do this, the RSI has been divided into two zones using a dashed line. If the RSI is within the top zone, consider the buying pressure of the market stronger and look for call setups. If the RSI is within the bottom zone, consider put setups since there is a stronger sellers pressure. The closer the RSI is to the dashed line, the greater the probability of a consolidation or ranging market. You can also see that there is a currency strength meter located within the labels on right axis. I use the currency strength meter to identify which currency pair has more strength. For example, suppose we are looking at USDJPY. If USD is greater than JPY, its a possibility that the currency pair as a whole is going on an uptrend. If JPY is greater than USD, it is a possibility that the currency pair as a whole is going on a down trend. The call/put arrows that appear on the chart are not necessary for you to use but it is recommended. I personally coded the arrow to appear with each candle based on the OHLC values. A substitute indicator for the arrow is a script called "Binary_Blast_v3" coded by author Pipizer! (We thank you for coding this!) My variation of the arrow also provides me a suggested entry price for calls and puts based on previous candle close and depending on which arrow has appeared. How to Apply This Strategy: When the EMA's are lined up and indicate a downtrend, look for a Put arrow (optional but highly recommended), look for the RSI in bottom zone, ensure second currency is stronger than first in the currency meter. You may also use EMA's as extra entry points. When the EMA's are lined up and indicate a uptrend, look for a Call arrow (optional but highly recommended), look for the RSI in top zone, ensure first currency is stronger than second in the currency meter. You may also use EMA's as extra entry points. I personally have developed a points system for traders to use incase the strategy becomes confusing. Points System: 2 points = Not Enough to Enter 3 points = Acceptable trade setup 4 points = Good trade setup 5 points = Great trade setup 6 points = Excellent trade setup To find a setup for a Call: Call arrow = 1 point RSI in top zone = +/- 1 point Currency meter showing first stronger than second = +/- 1 point Price at green EMA = +1 point Price at red EMA = +1 point Price at Purple EMA = +1 point To find a setup for a Put: Put arrow = 1 point RSI in bottom zone = +/- 1 point Currency meter showing second stronger than first = +/- 1 point Price at green EMA = +1 point Price at red EMA = +1 point Price at Purple EMA = +1 point *NOTE* The RSI and Currency Strength Meter are indicators which you must add or remove a point depending on if they favor your setup or not. Remember, indicators work after price action. Use Price action to identify your support and resistance zones then use the indicators as extra confirmations to help you. For any questions, please feel free to message me for help.
Education
by shahzaibbbbb