A forex futures day trader primarily employs the main technical indicators prevalent in the sport markets, such as, Fibonacci patterns, Bollinger Bands, MACD, oscillators, moving averages,
trend lines chart patterns, and support and resistance areas.
Not exact matches
The second pattern feature on the Nikkei
chart is the down sloping
trend line.
The addition to the
chart is the upper
trend line which is now acting as a resistance level.
Over time our
charts become cluttered with
trend lines and other technical indicators, and the old
lines can cloud analysis.
The second pattern feature on the Nikkei
chart is the down - sloping
trend line.
The first and most important feature on this
chart is the breakout from the fan
trend line pattern.
$ 1307 - 10 — five bottoms — 3/16, 3/19, 3/20, 3/21 and 4/30 lows $ 1312 — 5/2 high $ 1315 — double bottom — 4/26 and 4/27 lows $ 1319 — 4/25 low $ 1323 — 100 - day moving average $ 1321 - 23 — quadruple bottom, 3/29, 4/5, 4/6 and 4/23 low $ 1324 - 25 — double top, 4/27 and 4/30 highs $ 1325 — options $ 1329 — 50 day moving average $ 1331 — 40 day moving average $ 1332 — 20 - day moving average $ 1332 - 33 — double top - 4/24 and 4/25 highs $ 1335 — 4/23 high $ 1334 - 35 triple bottom — 4/12, 4/13, and 4/20 lows $ 1335 — 50 % retracement of down move from 1/25 $ 1366 high to 3/1 $ 1303 low $ 1337 — up
trend line from 12/12 $ 1236 low $ 1338 — 4/17 low $ 1341 — 4/19 low $ 1345 — down trendline from 8/2013 weekly
chart $ 1346 — 4/20 high $ 1350 — options $ 1350 — down trendline from 1/25/18 $ 1366 high $ 1355 - 57 — quadruple top, 3/26, 3/27, 4/18, and 4/19 highs $ 1365 — down trendline from 7/6/16 $ 1375 high $ 1365 - 67 — 6 tops 4/11, 1/25, 8/2/16, 8/3/16, 8/4/16, and 8/5/16 highs $ 1375 — 7/6/16 high $ 1388 - 89 — double top 3/16/14, 3/17/14 highs
$ 1319 — 4/25 low $ 1322 — 100 - day moving average $ 1321 - 23 — quadruple bottom, 3/29, 4/5, 4/6 and 4/23 low $ 1324 - 25 — double top, 4/27 and 4/30 highs $ 1325 — options $ 1332 — 50 day moving average $ 1332 — 40 day moving average $ 1332 - 33 — double top - 4/24 and 4/25 highs $ 1334 — up
trend line from 12/12 $ 1236 low $ 1335 — 4/23 high $ 1334 - 35 triple bottom — 4/12, 4/13, and 4/20 lows $ 1335 — 50 % retracement of down move from 1/25 $ 1366 high to 3/1 $ 1303 low $ 1335 — 20 - day moving average $ 1338 — 4/17 low $ 1341 — 4/19 low $ 1345 — down trendline from 8/2013 weekly
chart $ 1346 — 4/20 high $ 1350 — options $ 1350 — down trendline from 1/25/18 $ 1366 high $ 1355 - 57 — quadruple top, 3/26, 3/27, 4/18, and 4/19 highs $ 1365 — down trendline from 7/6/16 $ 1375 high $ 1365 - 67 — 6 tops 4/11, 1/25, 8/2/16, 8/3/16, 8/4/16, and 8/5/16 highs $ 1375 — 7/6/16 high $ 1388 - 89 — double top 3/16/14, 3/17/14 highs
$ 1321 - 23 — quadruple bottom, 3/29, 4/5, 4/6 and 4/23 low $ 1325 - options $ 1330 — up
trend line from 12/12 $ 1236 low $ 1332 — 40 day moving average $ 1332 - 33 — double top - 4/24 and 4/25 highs $ 1333 — 50 day moving average $ 1335 — 4/23 high $ 1334 - 35 triple bottom — 4/12, 4/13, and 4/20 lows $ 1335 — 50 % retracement of down move from 1/25 $ 1366 high to 3/1 $ 1303 low $ 1337 — 20 - day moving average $ 1338 — 4/17 low $ 1341 — 4/19 low $ 1345 — down trendline from 8/2013 weekly
chart $ 1346 — 4/20 high $ 1350 — options $ 1352 — down trendline from 1/25/18 $ 1366 high $ 1355 - 57 — quadruple top, 3/26, 3/27, 4/18, and 4/19 highs $ 1365 — down trendline from 7/6/16 $ 1375 high $ 1365 - 67 — 6 tops 4/11, 1/25, 8/2/16, 8/3/16, 8/4/16, and 8/5/16 highs $ 1375 — 7/6/16 high $ 1388 - 89 — double top 3/16/14, 3/17/14 highs
$ 1325 - options $ 1330 — up
trend line from 12/12 $ 1236 low $ 1331 — 4/10 low $ 1332 — 40 day moving average $ 1333 — 50 day moving average $ 1335 — 4/23 high $ 1334 - 35 triple bottom — 4/12, 4/13, and 4/20 lows $ 1335 — 50 % retracement of down move from 1/25 $ 1366 high to 3/1 $ 1303 low $ 1338 — 4/17 low $ 1349 — 20 - day moving average $ 1341 — 4/19 low $ 1345 — down trendline from 8/2013 weekly
chart $ 1346 — 4/20 high $ 1350 — options $ 1352 — down trendline from 1/25/18 $ 1366 high $ 1355 - 57 — quadruple top, 3/26, 3/27, 4/18, and 4/19 highs $ 1365 — down trendline from 7/6/16 $ 1375 high $ 1365 - 67 — 6 tops 4/11, 1/25, 8/2/16, 8/3/16, 8/4/16, and 8/5/16 highs $ 1375 — 7/6/16 high $ 1388 - 89 — double top 3/16/14, 3/17/14 highs
There was also a break above a key bearish
trend line with resistance at $ 0.8750 on the hourly
chart of the XRP / USD pair.
There is also a key bullish
trend line forming with support at $ 0.7900 on the hourly
chart of the XRP / USD pair.
There is a tiny connecting bearish
trend line forming with resistance at $ 0.8800 on the hourly
chart of the XRP / USD pair (data source from Kraken).
$ 1319 — 4/25 low $ 1320 — 100 - day moving average $ 1321 - 23 — quadruple bottom, 3/29, 4/5, 4/6 and 4/23 low $ 1325 - options $ 1332 — 40 day moving average $ 1332 — 50 day moving average $ 1332 - 33 — double top - 4/24 and 4/25 highs $ 1333 — up
trend line from 12/12 $ 1236 low $ 1335 — 4/23 high $ 1334 - 35 triple bottom — 4/12, 4/13, and 4/20 lows $ 1335 — 50 % retracement of down move from 1/25 $ 1366 high to 3/1 $ 1303 low $ 1337 — 20 - day moving average $ 1338 — 4/17 low $ 1341 — 4/19 low $ 1345 — down trendline from 8/2013 weekly
chart $ 1346 — 4/20 high $ 1350 — options $ 1352 — down trendline from 1/25/18 $ 1366 high $ 1355 - 57 — quadruple top, 3/26, 3/27, 4/18, and 4/19 highs $ 1365 — down trendline from 7/6/16 $ 1375 high $ 1365 - 67 — 6 tops 4/11, 1/25, 8/2/16, 8/3/16, 8/4/16, and 8/5/16 highs $ 1375 — 7/6/16 high $ 1388 - 89 — double top 3/16/14, 3/17/14 highs
For this reason, I always scan through a
line chart on the daily and weekly in an attempt to identify a market that is beginning to
trend or is already
trending.
There is a key connecting bullish
trend line forming with support at $ 0.8650 on the hourly
chart of the XRP / USD pair (data source from Kraken).
There was a break below yesterday's highlighted major bullish
trend line with support at $ 0.8450 on the hourly
chart of the XRP / USD pair (data source from Kraken).
The futures contract trades close to its short - term downward
trend line, as the 15 - minute
chart shows:
Gold bounced off a
trend line support, Fibonacci 0.382 support, and past resistance turned support as depicted on the H4
chart.
There was a break below a major bullish
trend line with support at $ 0.2900 on the hourly
chart of the ADA / USD pair (data feed via Bittrex).
More importantly, there was a break below a major bullish
trend line with support at $ 0.2900 on the hourly
chart of the ADA / USD pair.
Key HighlightsETH price is trading higher and it recently broke the $ 700 resistance against the US Dollar.There was a break above yesterday's highlighted key bearish
trend line with resistance at $ 685 on the hourly
chart...
There was a break above a bearish
trend line with resistance at 0.0460 BTC on the 2 - hours
chart of the ETH / BTC pair (data feed from Bitfinex).
Key PointsBitcoin cash price gained upside momentum and broke a major resistance at $ 1,500 against the US Dollar.Yesterday's highlighted key connecting bearish
trend line with resistance at $ 1,370 was breached on the hourly
chart of...
There is a crucial bullish
trend line forming with support at $ 0.3350 on the hourly
chart of the ADA / USD pair (data feed via Bittrex).
The daily
chart also gives us a view that suggests that XRP was likely to close (as at 5 March) above $ 1.04329 (descending
trend -
line resistance on the daily
chart), signaling a bullish breakout on the
charts.
Key HighlightsETH price started an upside move and recovered above the $ 640 resistance against the US Dollar.There is a major bearish
trend line forming with resistance at $ 674 on the hourly
chart of ETH / USD (data...
One recurring theme you will come across often is the use of
trend lines as a major basic tool for interpreting technical
charts so you will be able to make prudent binary options trades.
Key PointsBitcoin cash price started a recovery and traded above the $ 1,300 level against the US Dollar.There is a key connecting bearish
trend line forming with resistance at $ 1,365 on the hourly
chart of the...
Later, there was a break above a bearish
trend line with resistance at 0.0460 BTC on the 2 - hours
chart of the ETH / BTC pair.
The point of the
chart above is to illustrate that those with an agenda to ride the
trend and look smart are correct when they state that the US stock market is not particularly over valued... if one shuts off one's brain and accepts policy (blue Monetary Base
line, which is but one of several money supply measures) as being at all normal or healthy.
There was a break above a major bearish
trend line with resistance at $ 600 on the hourly
chart of BCH / USD (data feed from Kraken).
Key HighlightsRipple price recovered nicely and moved above the $ 0.8100 resistance against the US dollar.There was a break above a key bearish
trend line with resistance at $ 0.8200 on the hourly
chart of the XRP / USD...
There are two bearish
trend lines with resistance near $ 303 forming on the hourly
chart of ETH / USD (data feed via SimpleFX).
On the downside, there is a crucial bullish
trend line forming with support at $ 0.3350 on the hourly
chart of the ADA / USD pair.
There is a new bearish
trend line forming with current resistance at $ 0.2040 on the hourly
chart of the XRP / USD pair (data source from Kraken).
On the downside, there is a crucial bullish
trend line forming with support at $ 0.3350 on the hourly
chart of the ADA / USD pair.The
chart indicates that the pair remains supported on the downside near $ 0.3350.
There is a bearish
trend line forming with resistance at $ 293.80 on the hourly
chart of ETH / USD (data feed via SimpleFX).
The last analysis highlighted bearish
trend line with current resistance at $ 15.80 on the hourly
chart of ETC / USD (Data feed via Kraken) is intact.
Key HighlightsEthereum classic price is placed nicely above the $ 21.00 support level against the US dollar.There is a key connecting bullish
trend line forming with support at $ 21.10 on the hourly
chart of the ETC / USD...
Finally on technicals the
chart shows a failure to break (let alone touch) the down
trend line, and there is minor bearish divergence on the weekly
chart.
Analyze
charts for
trend lines and channels — Stocks follow fairly predictable paths when they have solid and consistent
trends.
There is a major bearish
trend line forming with resistance at $ 27.00 on the hourly
chart of the ETC / USD pair (Data feed via Kraken).
Examine the
charts of top performers by placing
trending lines on the
chart.
It significantly takes away the need for experience or knowledge of
charts and
trend lines making it a popular choice for new traders who form the majority these days.
On the downside, there are two bullish
trend lines forming with supports at $ 10,400 and $ 10,050 on the hourly
chart of the BTC / USD pair.
Looking at the
chart, there is also a connecting bearish
trend line with resistance at $ 1,460.
On that day, we stated that, «the price action (in both QQQ & SPY) has been contained by a tight
trend channel since the June 4th swing lows (see red
lines in
chart below).
The platform has it all — custom dashboards,
charts (
trend lines, candlesticks, etc.), fundamental and technical analysis and a very in - depth economic news section to track events that may move your trades.
# 6
Trend line support: The weekly
chart of PZZA shows that the stock is currently near the
trend line support.