Classic buy the rumor sell the news chart Volume that is increasing in this last deep The only green stock in my watchlist on Friday
looking for a short here for the long term already having15 pips profit since did not have time to post the idea looking to add after making 2Xrisk, and moving the stop at BE after please reduce your leverage :)
probably early here since the long term channel resistance is not touched but not using the full position from the beginning
why everything is falling apart but not Bitcoin? going into a sell with the SL at the wick of that 4h candle (20155.000) have fun :)
technically, we have a false breakout from the 10$ level. if we will have a summer rally in stocks, we can give it a try with a short on this pair
1) NZDCAD is trading at a psychological level (0.8000) 2) we have the descending trendline that was respected for years of course we are talking only about some lines on a chart, but I will give it a shot here we already had the false breakout from the 0.8 price. We will have one for the descending trendline also?
do we have a peak in US dollar? every chart is showing that. the pair that I am choosing is short US/Switzerland and long Silver
well $ASML is something that I bought at the beginning of this week. the 43 correction from the top encouraged me to do so. we don't care if the correction will go lower, because we are thinking in terms of decades
looks like 7.85 is a very important level. with the US dollar being so strong I was expecting to break this level
normally it can be a good spot to go short gbpnzd, we are having a lot of levels in that area, as you can see on the chart; the only query is if we have a bottom in the stock market, since AUD and NZD are week during corrections or bear markets
I was taught that when the price makes a false breakout from a channel, the price will retest the other side of the channel. In this moment the price is not diverging(on this TF) and more downside looks promising. I expect also a false breakout from the big channel/big fib level before continuing to the upside. The green path drawn on the chart is a little...
looks like Nikkei likes a lot to trade in a range/to form channels there are two possibilities in my humble opinion: red path is the safest one: wait for the retest of the support and after that give it a try. green path: if you believe that the stock market worldwide will have a sharp turnaround, combined with the support confluences. if I add value to your...
the daily candle from yesterday looks very promising also, we can find a break and retest on the hourly chart the TP is around the 0.91109 price zone remember that every trade is random :)
the price bounced back two times from the 0.618 fib level; previous retrace was also around 28%; we will see one another 80% increase? if you are looking for a mid term trade, there is a 3 to 1 RRR; nuclear power is getting more attention; also the technology around it is getting better.
usually I am early to the party so I'm starting with small positions first; lets see how the price will brake from the orange zone; if we measure the previous moves, I believe that we are near the inflexion point; the first zone to look at if we brake up is 1.05. good luck!
managed to enter at 1313 level the price action is very bullish SL should be in the middle of the range(a little under the 0.5 fib level) but wanted to be more safe :) we should expect some resistance at the next red line level
reasons for the bullish side: -we have 2 support lines that are looking pretty strong(2 red lines) -0.618 fib retracement that usually is a important level reasons for short side: -after making a new high, the price reversed back under the previous high aggressively ... I would wait for more price action to make a decision
the weekly trendline is very important since it was respected before even on the small TF the false breakout on 1h TF is another confluence.