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Continuationtrade

USOIL $ 40.58 PER BARREL +2.54% LONG IDEA Good day everyone Here's a look at the USOIL which closed within the ascending structure, looking to see if the structure will hold in this coming week so will be looking for continuation signals to the upside. On the monthly we are currently trading at 61.8% Fibonacci retracement level with a strong bullish momentum the sentiment is still the same on the weekly whereby we have a pennant formation which could signal continuation to the upside and on the daily chart the ascending channel holds looking for continuation to the upside.... lets see how it goes Good luck and happy trading everyone _________________________________________________________________________________________________________________________ ENTRY & SL - FOLLOW YOUR RULES RISK-MANAGEMENT PERIOD - SWING TRADE __________________________________________________________________________________________________________________________ If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section. APPRECIATE IT
TVC:USOILLong
by PULEMokhothu
EU short term long.. Bigger picture still looking for a sellThe higher time frame structure on EU is still Showing us that we will likely have a big move to the down side coming. The next key area to be looking for this short will be back up at the DT. Ideal set up on this will be another 3 touch mini ascending at the key area, either the DT or at the bigger 3rd touch trend line. There is however potential for a short term long. Ideally we get another hour of impulsive price action then form a clean counter trend move which will be our entry. As we know the market can be unpredictable So if this long set ups i will take it even though i am forecasting the bigger picture short because as we know the market can be un predictable and this could still break out of the structure and continue higher in which case we will be banking even more % then originally forecast.
Long
by Matt-The-Trading-Cartel
EU short term long. Bigger picture still looking shortThe higher time frame structure on EU is still Showing us that we will likely have a big move to the down side coming. The next key area to be looking for this short will be back up at the DT. Ideal set up on this will be another 3 touch mini ascending at the key area, either the DT or at the bigger 3rd touch trend line. There is however potential for a short term long. Ideally we get another hour of impulsive price action then form a clean counter trend move which will be our entry. As we know the market can be unpredictable So if this long set ups i will take it even though i am forecasting the bigger picture short because as we know the market can be un predictable and this could still break out of the structure and continue higher in which case we will be banking even more % then originally forecast.
Long
by Matt-The-Trading-Cartel
NESN, Nestlè N - Continuation Head & ShouldersSIX:NESN Let's see how far we can go with the positions in Trailing Stop. Current Risk Reward 7.53 / 1 in eight months. This means about 1% of the account per month on a single position. There are clearly closed positions with regular losses, but the important thing is to have a %profit and a Winrate that determine a positive "profit factor". How can I be sure of what I do? From the study of the past through Backtesting. Now it's just a matter of having the discipline to follow my strategies and not getting caught up in fear and greed. Remember that trading is MIND-SET 20% Knowledge 80% Psychology "Rationality Yes, Emotivity No”
SIX:NESNLong
by SwissTradingSchool
1