NAS100USD: Is Bullish Momentum Only Temporary?Greetings, Traders!
In today’s analysis, NAS100USD is exhibiting bullish institutional order flow, presenting an opportunity to align with the current market narrative.
Key Observations
Fair Value Gap (FVG): Price has retraced into an FVG, providing a critical area of interest for support.
Bullish Order Block: Situated below the FVG, this structure enhances the zone’s strength as an institutional support area.
Strategy
Look for confirmation entries at this support zone.
Target: Liquidity pool above, aligning with the bullish flow.
Feel free to share your insights, questions, or analysis in the comments below. Let’s trade and grow together!
Regards,
The_Architect
Continuationtrade
Low hanging fruit continuation setup taken with Gold and NASIn this video, I walk you through my entire thought process during today's trading session. You'll learn how I selected the pairs and executed three key trades:
* Silver long scalp
* Gold LHF Short
* NAS LHF short
I'll also provide a detailed explanation of the LHF setup, helping you understand how to apply this strategy in your own trading. LHF is one of my personal A+ playbook setups. Don't miss out on these valuable insights and tips!
AUDJPY: Thoughts and Analysis Today's focus: AUDJPY
Pattern – Continuation
Support – 98.90 & 98.35
Resistance – 100.20 & 100.60
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the AUDJPY on the daily.
We could have a new continuation forming as buyers have beaten yesterday's high backing in a second positive session. Australian employment data came in mixed with a decrease in unemployment. This, with a weaker Yen, looks to be supporting buyers at this stage today.
If we see a move below today's low or back below 98.90, this could be a warning, as it will cancel out continuation ideas in the short term.
What do you think? Do you think this is a continuation pattern?
Good trading.
Bitcoin: has the pullback finished?Today's focus: BTCUSD
Pattern – failed high?
Support – 63,140
Resistance – 68,290
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the BTCUSD daily.
After yesterday's fightback rally, we have run over a few ideas around BTCUSD. Will we see the current selloff continue despite a firm move from buyers yesterday? Will we see buyers shake off a push by sellers and follow up on yesterday's buying with further gains?
Good trading.
CADCHF: Thoughts and AnalysisToday's focus: CADCHF
Pattern – Continuation
Support – .6502
Resistance – .6540 - .6549
Hi, traders; thanks for tuning in for today's update. Today, we are looking at the CADCHF on the daily chart.
Today, we have broken down what looks like a continuation pattern playing out. Looking at price, we can see a retracement that came to a stall point, setting up support in the moving averages that then formed a reversal bar. Today's buying could set a confirmation bar if we see yesterday's high beaten.
We have run over entry ideas and warning signs if sellers break certain levels. If buying continues, we want to see resistance beaten and possibly a test of .6590 on a new trend extension higher.
Good trading.
JPN225: Continuation idea with explanationToday's focus: JPN225
Pattern – Continuation
Support – 35,860, 35,500
Resistance – 36,215, 36,718
Hi, and thanks for checking out today's update.
We are looking at the JPN225 today, but it's more from an educational standpoint around a continuation pattern that uses the moving averages to help qualify the setup. This setup comes from a system called the Floor Trader Method. Yes, I know floor traders most likely didn't use moving averages. But if you read it, you will see it mainly focuses on price position and retracement shape. The moving averages are there to assist in seeing the trend and qualify.
We have run over some aspects of the method and how it can be seen in today's price setup. We have also run over targets and stop points with both a higher perspective and a lower failed perspective.
It will be interesting to see if the JPN225 can retest its previous resistance and highs and set up a new fast trend.
Good trading.
UPST ready to run higherUPST on the daily chart is 65% below its highs of March 22 . It rose above the long term POC
line of the volume profile two months ago after a favorable earnings report. Another earnings
will report in a month. There has been very little trading above the current price in the visible
range. This means there is little volume resistance to price rise. Price is presently at the
longterm mean VWAP anchored 16 months in the past and got there by rising from the support
of the line one standard deviation below the mean aVWAP. On the zero-lag MACD, the lines
have first crossed under the histogram and then ascended in parallel above the zero line in
yet another sign of bullish momentum. Lastly, the three in one indicator including money
flow is all green.
I readily conclude that UPST is set up well for a long swing trade targetting just below the
mentioned swing highs and so $160 or so. This would be about 200% while setting a stop loss
at $50. I believe the trade offers a great potential reward to risk and so will open this
position while identifying an entry on the 15-30 minute chart looking for a pivot low.
RIVN is showing a pullback for a long entryRIVN on the 2H chart rose 67% to begin July as part of the larger EV sector rally
which included several other tickers including those from UK and China. It has
pulled back significantly since completing a double top on July 13th. Price is
now hovering over and supported by the mean VWAP line anchored to July 1st.
The two time frame RSI indicator shows both lower (blue line) ane higher time
frame ( black line) RSIs at 50 or higher with the blue line closer to that transition
zone. The zero-lag MACD shows the subtle cross under the histogram which
has changed from negative to positive. Overall, although the best entry is at
$20 from a very deep pullback, I believe that RIVN is now setup for a long trade
following a continuation or even a call option contracts trade. I will take a
position in call options at this time.
IOC could burst into an upward move.IOC has formed a bullish structure on the weekly chart. A crucial aspect is a weekly RSI close above 60. It is also about to break out from a down trending line. A long position could be considered keeping the following levels in mind:
LONG ABOVE: 81.55
STOP LOSS: 77.95
TARGET 1: 85.15
TARGET 2: 88.75
Please do wait for at least a 15 min candle close above the "LONG ABOVE " level before initiating the trade.
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EURCAD I Pullback and more downside Welcome back! Let me know your thoughts in the comments!
** EURCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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$ISV - Breakout play for +10 to 30% Technical Analysis (TA)
The monthly and weekly was oversold and price pushed higher with significant momentum after a consolidation phase.
Retracement to $25 is expected However, the push to $30 would require catalysts to increase momentum.
We could hit $25 and then come back down or go through another consolidation phase before further upside to $30.
Price Target
Entry: $22-$23
Target 1: $25
Target 2: $30
EURAUD Long with RTM and Chart Pattern *Educational Purpose*EURAUD price is forming the Falling wedge pattern (Expected reversal)
- A double bottom appeared in the minor structure.
- Up-trust of the price after it touches support, breaking the minor structure to the upside. *To be clear, price may go to the upside, wait for it to break the higher price structure, and it didn't make the lower low*
- The Rebound of the price at 1.168 Fibonacci Extension
EURGBP Bearish Continuation, SHORT!EURGBP in a strong downtrend and after some consolidation we see a false breakout and price pushing up to grab liquidity now after a clear breakout we can potentially look for sells if the level hol ds. In today trading session I will be monitoring this pair for a short term selling opportunity around 0.833 level.
Bat Complete 🦇USOIL - USOIL has broken above the .886 on the monthly downtrend pullback is and is currently sitting in a very strong PRZ, however price could easily break above the weekly high/monthly high and close below it (Price is in an excellent location to look for swings and ride with a potential monthly continuation, however make sure you wait for proper confirmation (HTF reversal pattern etc) before entering, (Weeks and months are a long time and price can move a LOT in these Timeframes especially with Indices!
OR you can use this Bias for your LTF trading! Let me know your thoughts!
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
Candlestick Charts Part 3: ContinuationHello everyone, as we all know the market action discounts everything :)
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NOTE: some pattern could be reversal and continuation patterns depending if its in an uptrend or downtrend.
Today's video will be about the Candlestick Chart : Continuation Patterns.
Continuation Patterns are candlestick patterns that tend to resolve in the same direction as the prevailing trend.
So lets start by talking about the different types of Patterns :
Bullish Continuation Patterns
Bearish Continuation Patterns
And they are divided into 3 groups :
Weak Patterns
Reliable Patterns
Strong Patterns
We Start with the Strong Continuation Patterns :
1) Rising Three Methods :
is a five candlestick bullish continuation pattern. The first candlestick is a large bullish candlestick that takes place during an uptrend. Then a group of two to four small body candlesticks (either bullish or bearish) retreat within the price range established by the first day’s real body bullish candlestick. The final candlestick of the pattern is another large bullish candlestick that closes above the first day’s closing price.
2) Falling Three Methods :
is a five candlestick bearish continuation pattern. The first candlestick is a large bearish candlestick that takes place during a downtrend. Then a group of two to four small body candlesticks (either bullish or bearish) slowly ascend within the price range established by the first day’s real body bearish candlestick. The final candlestick of the pattern is another large bearish candlestick that closes below the first day’s closing price.
3) Deliberation in an uptrend :
A deliberation structure is comprised of three Japanese candlesticks. All three are bullish (green). The first is a candlestick with a small body followed by a large full candlestick. Finally, the last candlestick also has a small body and forms a star.
4) Concealing Baby Swallow in an uptrend :
The Concealing Baby Swallow is a four-line candlestick pattern, which appears so rarely. Two Black Marubozu candles appearing one after the other are very uncommon situation on the candlestick charts what limits the appearance of this pattern.
Now Lets Talk about the Reliable Continuation Patterns :
1) Bullish Separating Lines :
Bullish separating lines pattern is a two-candle bullish continuation candlestick pattern that comes up in the middle of a bullish trend. It indicates that the current bullish trend is about to continue after a temporary pullback.
2) Bearish Separating Lines :
The bearish separating line is known as a bearish continuation pattern. The first line is a white candle that comes up as a long line in a downtrend. The second line is made up of a black candle that comes up as a long line. Both bars will open at the same price, and then the prices are separating.
3) Bullish Matching High :
This pattern involves two or more matching highs. On a lower timeframe chart this pattern will look like a support or resistance being broken.
Breakouts are used by traders a trigger to enter the market with the momentum of the breakout signaling a new leg of a trend.
4) Bearish Matching Low :
This pattern involves two or more matching lows which if broken is a signal that there will be a resumption of the current trend.
5) Upside Tasuki Gap :
It is a bullish continuation candlestick pattern which is formed in an ongoing uptrend.
This candlestick pattern consists of three candles, the first candlestick is a long-bodied bullish candlestick, and the second candlestick is also a bullish candlestick formed after a gap up.
The third candlestick is a bearish candle that closes in the gap formed between these first two bullish candles.
6) Downside Tasuki Gap :
Downside Tasuki Gap is a bearish continuation pattern that forms in the middle of a downtrend. The first candle is bearish, and is followed by a negative gap and another bearish candle. The third candle is bullish and closes right in the gap between the first two bars.
And Last but not least The Weak Continuation Patterns :
1) Advance Block :
The advance block is a three bar pattern. The pattern appears as a block of three white, rising candlesticks, each with a shorter body than the last.
The candles should not have overly long shadows as these can sometimes develop into other pattern types such shooting stars and hanging men.
2) Stick Sandwich :
The stick sandwich candlestick pattern can occur in both bull and bear markets. The stick sandwich candlestick pattern consists of three candlesticks, where one candlestick has an opposite colored candlestick on both sides. The closing prices of the two candlesticks that surround the opposite colored candlestick must be same.
3) Bullish Side by Side White Lines :
– It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern.
– The First Candle is white.
– Then there is a Gap Up between the First and Second Candle.
– The Second and Third Candle are white, their Real Bodies have the same length; moreover they have the Open at the same level (More or less) and is above the Real Body of the First Candle.
4) Bearish Side by Side White Lines :
– It occurs during a Downtrend; confirmation is required by the candles that follow the Pattern.
– The First Candle is black.
– Then there is a Gap Down between the First and Second Candle.
– The Second and Third Candle are white, their Real Bodies have the same length; moreover they have the Open at the same level (More or less) and is below the Real Body of the First Candle.
5) Bullish On Neck Line:
The on neck candlestick is a continuation pattern. In an on neck pattern, the first candle is Bullish and the second one is Bearish. The first candle’s body is long while the second one is shorter. The second candle closes near the first one or close to the first candle. The pattern gets its name because at the point where the closing prices of the two are nearly the same or same, it forms a horizontal line which looks like a neck or a neckline.
6) Bearish On Neck line :
The on neck candlestick is a continuation pattern. In an on neck pattern, the first candle is bearish and the second one is bullish. The first candle’s body is long while the second one is shorter. The second candle closes near the first one or close to the first candle. The pattern gets its name because at the point where the closing prices of the two are nearly the same or same, it forms a horizontal line which looks like a neck or a neckline.
I hope that I was able to help you understand Continuation Patterns in Candlestick Charts better and if you have any more questions don't hesitate to ask.
Hit that like if you found this helpful and check out my other video about the Moving Average, Stochastic oscillator, The Dow Jones Theory, How To Trade Breakouts, The RSI , The MACD , The Bollinger Bands , The Different Types Of Trading Strategies, Candlestick Charts Part 1 & 2 links will be bellow
NZDJPY Nice Long OpportunityNZDJPY has the overall trend that is pushing up, price breached above local resistance that can potentially act as a support now., I'm waiting for a re-test of that area, I'm expecting a continuation to the upside
NZDJPY Buy Trade Setup- NZDJPY we can still expect price to advance after testing previous resistance that is support
- As long as this area holds there is a good buying opportunity there
- Structure is pushing up
- Confluence of Fib and support
- Overall trend is bullish
- ( Candlestick ) ??
- Plan is to go Long on NZDJPY
- Take the trade when your rules are fulfilled
A BULLISH MOVE is probable in this market.
Nested bullishness: Wedge in triangle in a Cup and HandleMuch this should be no surprise to anyone. The cup and handle has been the talk of the crypto town for a while now and you may or may not believe it will perform, but the believe that we are in a bullish continuation pattern exist.
The handle appears to be another bullish continuation pattern, an ascending triangle.
The triangle has a falling wedge which is a reversal pattern. This reversal pattern is backed up by bullish divergence on the RSI and we are at the base of the bollinger band. I have shown another example from November of a time we saw the exact same set up and got almost 10% gains.
Now all of this upside potential occurs after we have the buy signal on the has ribbon. This signal went out all over cryptoverse when it flashed.
Every single one of these structures give you a different target, entry strategy depending on how aggressive you want to be and a stop strategy depending on how aggressive you want to be. The targets on the main chart don't even consider that this is a continuation pattern of a flag pole.
I created this chart because BTC is the benchmark for all of crypto. My biases is crpyto will pamp while bitcoin performs to the flagpole target. From there we will probably retrace and I'll look at buying dips. I am betting ethusd will overperform and since it is a collateral currency on my exchange my gains from margin trading to into there. XRP gives me the x5 and a high percent change so I will be long XRPUSD. I'll look for topping ETH, BTC, and XRP to help me make my decision on when to close.
I have linked some posts with some good calls. A lot of formation have strong predictive utility and you just need the patience to have them perform and that can take a while. The Cup and Handle is one of the most reliable chart patterns according to Bulkowski, and he basically wrote the book on TA. Remember, there is a lot of nested bullishness and will patience targets should get hit but that doesn't mean you abandon stop management or get reckless with your entries, especially with margin and leverage.
Find a system that lets your winners run. If your chart formation busts don't hold like a buster. This is time for fundamentals.
Is this a continuation trade?Just a visual thought especially for beginners although experienced traders please critique. I like to use the MACD for showing the immediate trend, the PAR-SAR for confirmation, stop loss and profit target calculation. Finally a really fast stochastic to signal the entry into that trend. Thoughts? Thanks and profitable trading!
EU Continuation flag entry explainedThis is a perfect example of a continuation flag entry on EU that was taken earlier this month.
The fact that it was the first flag after a 1hr trend change, as well as also being the first flag out of a descending channel
Means that this was a high probability trade.