Descending Triangle on CAD/CHF @ H4This descending triangle pattern on the 4-hour chart of the CAD/CHF currency pair offers an opportunity for a short trade in case of a bearish breakout. The triangle's borders are marked with the yellow lines. The cyan line is where my potential entry level will be. The green line denotes my take-profit level. I will set the stop-loss level to the triangle's highest point (0.73051) marked with the red line. I will ignore bullish breakouts from this trend continuation pattern.
Continuation
GBPCAD I Structure Trade I Short from Resistance 200 PipsWelcome back! Let me know your thoughts in the comments!
**GBPCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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GBPCAD / SELL ZONE! CONTINUED SHORTSNot a lot happening across the board in terms of getting into new positions, this is one of the only ones I'm looking at taking a position on. GBPCAD if we see a rejection around 1.48000 ill be taking shorts to hopefully catch the continuation move to push towards last weeks lows.
RUSSELL 2000 IWN is approaching a key levelIWN as shown on the weekly chart has been obviously in a downtrend as also shown by
the EMA ribbon.
Using the uptrend from the Covid crash into November 2021 and then a retracement from that,
IWN is approchaing the 38.2 Fibonacci level at 128
From there it could bounce up or continue the downtrend.
The Mass Index being below 27 suggests a continuation before any potential reversal.
The MACD indicator shows the MACD in blue crossing down on the signal in red.
This also suggests more downtrend.
All in all, this analysis is bearish on the Russell index and its ETF.
SPX +FVG failure I'm usually looking for my trades between 7am-12pm. Initially was looking for a BUY but the sell setup took over and I needed to remind myself of what it looks like when a +FVG.
Bullish POI, where I would normally be looking for a BUY entry and target the last highs made.
Price traded through the Bullish POI, a +FVG, then we traded retested the lows of it and continued to fall from there.
SPX
No trades tomorrow!
GA 4H Bearish Continuation Idea 9/18/22Looking for price to continue bearish. Price may break slightly below the previous day low and shoot back up to the top of Friday’s body before dropping back bearish.
OR
Price could just continue bearish from where it is now and break straight thru the Daily consolidation zone that it is in
USDJPY It will keep growing! LONGWelcome back! Let me know your thoughts in the comments!
**USDJPY - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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maybe this is an intermidiate bottom, and perhaps notbtcusd is in the throes of a love affair with a low dollar. since dxy has made its move, and inflation has peaked withthe news of a more hawkish monetary policy, a lower dollar means higher bitcoin. its convenient that the higher we go in major indices bitcoin seems to follow suit with even more bullish action. if this is atill a bear market for indices i would bet its still a bear market for bitcoin. if dxy goes higher ill sell btcusd and gbtc. if we get over this pivot im interested in upper horizontals as long as trama is rising and sss signal green/qqe long. it could follow the green path. if we stay below this pivot, and sss signal goes red/qqe short im interested in lower horizontals. it could follow the red path.
EURCAD Here's the plan for this week!Welcome back! Let me know your thoughts in the comments!
**EURCAD - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
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BTC - Market Structure 101Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
BTC has been overall bearish for a while making lower highs and lower lows. and as mentioned in my previous videos, we knew that the bears were exhausted as the impulse movements were getting smaller in size.
Last week, the bulls took over by breaking above the last major high market in red.
So now the momentum is shifted from bearish to bullish. Of course this is just from a short-term perspective. As BTC is still overall bearish from a long-term perspective.
As per market structure 101, we are now expecting a correction and then we will be looking for buy setups on lower timeframes as a trend-following setup.
Our closest rejection, where the bulls might kick in, would be around the previous major high (red zone)
As BTC approaches this zone I will be looking of any bullish reversal setups on lower timeframes (like double bottom, trendline and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDJPY - Bullish Trend Confirmation We've been calling for continued longs here on the USDJPY pretty much all summer (since June) given the confluences on both the technical & fundamental side of things. Our recent pullback trade is working pretty nicely & since we just put in a new structure high (confirming the bullish trend) this week, I wanted to revisit the trade as it setups up for fresh opportunities.
In a continuation trade, each time the trend is confirmed, I like to call it a "fresh break" which essentially means it resets the opportunity to trade. For those already involved this would mean confirming their position & opening the door to risk management tactics & for those who missed it the first time around another chance to get in.
My projection higher still remains at a large zone between 143's & 148's. We currently have a nice level of confluence having structure, an ABCD pattern & a 127 Fibonacci extension level lining up at the lower end of that projection making it the safer choice in my opinion.
If you have any questions about this idea please let me know in the comment section below. And of course I would love to hear your views as well.
Akil
USDJPY I Will Keep GROWING! LONG Welcome back! Let me know your thoughts in the comments!
**USDJPY - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
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EURGBP Correction Continuation - LONG!Welcome back! Let me know your thoughts in the comments!
**EURGBP - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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there is nothing stopping this trainwreckthe nasdaq and big tech are tanking, and theres little in the way of this slide lower. as i said on friday the fed seems determined to punish the leaders of this bear market, pushing it even lower. many targets that would normally be sensible are simply out of reach, which is why i have widened the horizontals just about as far as they could concievably go.
KNC - Trend-Following Setup!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
KNC is overall bullish trading inside our red channel , so as mentioned in my previous video idea (highlighted on the chart), we will be waiting for KNC to approach the lower red trendline to look for buy setups.
Now KNC is approaching the lower red trendline but we will not buy blindly. We always wait for the bulls to take over first.
KNC is forming a channel in orange.
Trigger => waiting for a third swing to form around the upper orange trendline to consider it valid and then buy after a momentum candle close above it. (projection in purple)
Meanwhile, until the buy is activated, KNC would be overall bearish can still trade lower inside the gray zone before trading higher.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
USDJPY SHORTLooking at the bigger picture, USDJPY is in a downtrend for now and has been creating Lower Lows and Lower highs.
The downward move should likely start anytime to continue further down breaking the Higher time frame Lower Low to create a new one. Come UsdJpy, show us what you got. I have made my Sell entries. Catch you on the flip side.
CADJPY Potential Bullish Continuation!Hello Traders,
In Today's trading session we will be monitoring CADJPY for a Buying opportunity in and around 105.3 demand area. Once we get a Bullish confirmation the trade will be executed and shared with our premium subscribers.
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TSLA LONG ( Cup & Handle)NASDAQ:TSLA
TSLA on the 4H Chart printed the handle /retracement to the Fib 38.2
and is now either in the early reverse or simply trending within the
downward parallel channel. It is perhaps a good sign that
TSLA was relatively strong on a weak day in the overall market
NASDAQ:TSLA
TSLA LONG Cup and Handle Bullish ContinuationOn the daily chart, TSLA has formed a cup and handle beginning about May 5th, the prior
reported earnings, The cup portion completed with the recent earning about August 5th
while the handle is completed this week.
The cup is about $280 in height/depth while the time duration is about 90-95 days in
duration. This predicts a bullish continuation from the current market price of about the same
value making a target of $1190 before the next earnings in 80 days. Making
for a 30 % ROI over the same time. ( The uptrend and downtrend of the cups are
supported by relative volume as seen on the indicator.)
For a better understanding of the cup and handle pattern, see this excellent explanation
and discussion by GMEvsSPY
(link by permission)
THETA High Probability Continuation Trade 👇Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
Looking to swing trade #THETA down into our 4Hr Whale Block here. Happy to be following LTF trend with a pullback into Discount Pricing.
Method of Entry will follow our Retail Whale Trading Plan
-Whale Block Mitigation
-LTF BOS
-Strong RSI Divergence
-Entry on a HA Shaved Candle
Its always the same, following the plan
1:4 R:R
Remember we are trading human emotions and probabilities
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❗️Attention: this isn't financial advice we are just trying to help people with their vision.
HooRaa