GBPZAR 22.3725 + 0.36 % SHORT IDEA * TREND CONTINUATION Hello everyone
An idea on the POUND / ZAR pair that has been trading in a descending channel hitting LH & LL heading down with the bears looking for a continuation of this move with the trend, the pair is currently trading at 38.2 % Fibonacci. TARGETING 61.8 % Fibonacci in the coming week.
let's see how it goes
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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Continuation
GBPUSD 1.31844 - 0.19 % LONG IDEA * CONTINUATION & STRUCTURE IDAHey everyone
An idea on the POUND /DOLLAR pair, the pair has been trading in a descending triangle structure within a ascending channel looking or targeting a break above of this structure for continuation with the trend significant moves with the bears change the whole trading plan. so in the coming week targeting a break above of the triangle structure to trigger the trade.
let's see how it goes.
Hello Everyone
An idea on the EURO / DOLLAR pair currently trading in a ascending triangle structure within an ascending channel that has been hitting HH & HL.
looking for a break above of structure to trigger the trade with the bulls unless we see a break below of this structure which will change the whole trading plan.
let's see how it goes.
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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A falling wedge, price to go highThe pair has formed a falling wedge pattern and it's breakout indicate the growth in the price level. In addition to that the cup and handle is formed when you zoom out the chart and look carefully. So chance for a LONG. Risk management is everything guys, be sure to trade only with whatever you're capable of losing in a trade :)
US500 3448.3 - 0.02% LONG IDEA * PENNANT CONTINUATION PATTERNSHey Everyone
Here's an idea on the S&P500 which broke out of a ascending triangle structure pushed up and is currently trading in a bull flag / pennant formation which could be signalling continuation with the bulls.
looking for a break above and continuation of this move.
lets see how it goes.
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP - 3498.0
SL - 3440.5
RISK-MANAGEMENT
PERIOD - SWING TRADE
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DXY 93.11 + 0.1 % SHORT IDEA * DESCENDING CHANNEL TRADEHey Everyone
A look at the DOLLAR INDEX that has been trading in a descending channel looking for a continuation of this move as it has been respecting structure hitting LH & LL holding structure the bears are currently in control of the index looking for a continuation in the trend to complete a gartley formation lets's see how it goes..
let's see how it goes
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 93.60
TP 2 - 92-00
SL - 93.44
RISK-MANAGEMENT
PERIOD - SWING TRADE
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GBPCAD bulls starting to come back to the market?I have had to re-publish this as it was removed by T-View. My outlook is stil very much the same.
The difference is now we have converted 1.73 and we saw a continuation form yesterday targets will be slightly lower than is marked above, but ill see how it moves and adjust lower accordingly.
USDCAD 1.31695 - 0.12 % SHORT IDEA * CONTINUATION PATTERNSGood Day Everyone
As we saw some DOLLAR recoveries this Friday seems the CAD is correcting this before market close the pair has been trading in a descending channel looking for continuation patterns on the pair we already saw a couple of rejections at resistance level 1.32432 let's see if the bears can keep control of this one going with the weakness of the dollar on this one.
let's see how it goes...
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 1.31215
TP 2 - 1.30548
SL - 1.32301
RISK-MANAGEMENT
PERIOD - SWING TRADE
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GBPUSD 1.30854 - 0.79 % LONG IDEA * TREND ANALYSIS + CONTINUATIOGood Day Everyone
A look at the DOLLAR / POUND on most fronts the market is closing on the dollar recovery this Friday but the pair is still net long on higher time-frames so still looking for longs in the coming week until the charts say otherwise but coming down to the 4H chart the pair is trading in a pennant formation which could be signalling continuation with the bulls on the so looking for longs on the pound in the coming week.
let's see how it goes.
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 1.33155
TP 2 - 1.35210
SL - 1.29612
RISK-MANAGEMENT
PERIOD - SWING TRADE
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AUDUSD 0.71589 - 0.45 % LONG IDEA * REVERSAL PATTERNS , CONTINUGood Day Everyone
A look at the uptrend on the AUDUSD pair in which the DOLLAR showed some signs of strength upon close today but failed to show significant moves that could signal reversal on the trend. the pair is still trading in a uptrend just hit another LH forming a DOUBLE BOTTOM AT support level 0.71369. looking for a continuation of trend with the bulls in the coming week.
lets see how it goes...
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
SL - 0.71151
TP 1 - 0.72082
TP 2 - 0.72913
RISK-MANAGEMENT
PERIOD - SWING TRADE
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EURJPY 124.782 - 0.56 % SHORT IDEA * CONTINUATION PATTERNS Good Day Everyone
On the EURO / YEN the pair is currently holding the descending channel structure as the market closes, looking for continuation of the trend on the pair in this coming week.
The pair is currently trading in a bearish flag formation when scaling down a little which could signal continuation with the trend should RESISTANCE LEVEL 125.066 HOLD...
lets's see how it goes...
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 124.294
TP 2 - 123.459
SL - 125.175
RISK-MANAGEMENT
PERIOD - SWING TRADE
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GBPJPY 138.437 - 0.97 % SHORT IDEA * MOMENTUM SHIFTS Good Day Everyone
A look at the GBPJPY , the pair broke and is currently trading below the previous lower high. Seeing some signs of momentum shift which still needs some more confirmations but momentum shifts nonetheless.
looking for a retest of resistance level 139.212 to trigger the trade in the coming week and some more confirmation on the shift of momentum with the bears on the pair...
let's see how it goes...
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 138.283
TP 2 - 137.103
SL - 139.451
RISK-MANAGEMENT
PERIOD - SWING TRADE
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EURUSD 1.17939 - 0.56 % LONG IDEA * CONTINUATIONGood Day Everyone
A look at the EURUSD just as with other major currencies we close the pair with the recovery of the DOLLAR on the EURO / DOLLAR as well, if you took this one target 1 was a success but looking forward to more moves with the bulls on the pair in the coming week, we are currently trading at the base of a ascending channel looking for a push up with the bulls so basically looking for continuation of the trend on the pair significant moves with the bears will change the whole trading plan.
let's see how it goes.
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 1.19438
TP 2 - 1.21465
SL - 1.16542
RISK-MANAGEMENT
PERIOD - SWING TRADE
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USDJPY 105.758 - 0.03 % LONG IDEA * REVERSAL/ CONTINUATI PATTERNGood Day Everyone
A look at the USDJPY , the previous short idea on the pair was stopped out seems that momentum is favoring a move with the bulls to the upside on higher time frames the pair is still ranging in a descending triangle currently just rejected at the base of this structure so hoping for a move with the bulls in the coming week.
let's how it goes
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 106.220
TP 2 - 106.609
SL - 105.646
RISK-MANAGEMENT
PERIOD - SWING TRADE
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XAUUSD 1940.49 - 0.33% SHORT IDEA * COMPLETION TRENDGood Day Everyone
a look at GOLD which hasnt seen much change on higher time frames The move keeps price in consolidation just below the record highs and the risk remains for a deeper setback near-term while below resistance. These are the updated targets and invalidation levels that matter on the gold weekly chart.
Coming down to the 4H chart we see the chart rallying down with the bears currently consolidating in a bearish flag which could possibly signal continuation to the downside to confirm the 1234 move confirming that GOLD is in a down trend.
looking for continuation of this move.
lets see how it goes.
HAPPY TRADING EVERYONE
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ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 1911.43
TP 2 - 1861.30
SL - 1963.88
RISK-MANAGEMENT
PERIOD - SWING TRADE
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USOIL 42.27 - 1.09 % SHORT IDEA * ASCENDING TRIANGLE STRUCTUREGood Day Everyone
a look at the USOIL that just saw a rejection at resistance level 42.51 which has seen many touches looking to the left and currently just broke the 61.8 % Fibonacci on the monthly chart looking for a push down before continuation to the upside.
Coming down to the weekly and daily chart the energy is trading in a ascending triangle looking for a break below structure to trigger the trade should we see significant moves to the upside with the bull's or basically a break above of this structure the trading plan changes completely.
let's see how it goes
HAPPY TRADING EVERYONE
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***ENTRY** & SL - FOLLOW YOUR RULES
TP 1 - 42.22
TP 2 - 41.30
SL - 43.30
RISK-MANAGEMENT
PERIOD - SWING TRADE
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AUDCAD 0.94300 - 0.55 % SHORT IDEA * CONTINUATION IDEAGood Day Everyone
A look at the AUDCAD pair looking for a continuation with the bears on the down trend so basically looking for trend continuation with the bears should we see a break of support level 0.94324 the move will trigger the trade with the bears.
let's see how it goes
HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES
TP 1 - 0.93859
TP 2 - 0.93461
SL - 0.94928
RISK-MANAGEMENT
PERIOD - SWING TRADE
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