Order BUY LULU NASDAQ.NMS Stop 300.60 LMT 300.60 will be automatically canceled at 20230401 01:00:00 EST LULU daily bullish hammer at long time support conservative stop, quick 1.2R countertrend
It’s getting a great support previous resistance. We might see this bad boy getting at previous resistance 2.50-3$. The risk and reward is also great. Eth it has been dealing with a lot demand as well
Goood morning ladies & gents. After taking out an area of buy-side liquidity, EURUSD fell into a multi-day consolidative range - today it broke to the upside. Now, EURUSD remains bullish. I'm looking for a pullback to this area (1.22305) where I'll be looking to take a long position with my take profit at the monthly swing high. Commitment of Traders data...
Still can drop the daily candle Doesn’t look good the down fall should start 🤞🏽. Not financial advice
A very simple trigger for those wanting to cover some shorts from the initial elections entry; the key 1.315x support is holding and pressure has been completely absorbed. We are trading the bottom of the clearly defined range from the elections; 1.315x <=> 1.355x and markets rather than going overboard on risk will want to keep their cards closer to their...
For those tracking UK elections we have important updates on the opinion poll front, despite manufacturing declining further Pound will only move on election polls for the coming weeks. Here is a snapshot from the latest Westminster voting intention polls were released over the weekend: - CON = Conservatives, LAB = Labour, LDEM = Liberal Democrats, BREX...
In yesterday’s review, we already noted that this week may be decisive for several financial assets, and the global economy as a whole. On December 15, the United States may introduce tariffs on goods from China and thus bring trade wars to a new level. It's entirely up to an agreement between the parties. Even though we have heard positive statements for more...
A good time for a quick update to the Pound chart as we enter into a very important week for the UK. Sadly politics once again in full control of markets. Parliament are back from their well needed holidays and have one week to save the country. Probabilities of no-deal will swing this week and carry GBP with it. I continue heavily selling GBP across all...
It's been a while but here we go again, SAIL is turned up breaking out to regain past highs feeling bullish. Right now it just needs to hold and confirm the uptrend, 27.20 being conservative, 28.70 would be the desired goal. uc.
On Demand Area, there is no selling pressure, and the buyer start to add their trade. If price could break the down-trendline on H4, then the target 1 and 2 should be reached. The ideal area to go long is at the demand area. Trade with good money management, use good risk and reward ratio, ex : 1:1.5.
Here is an entry zone for BNB/BTC that is a bit more conservative. Good luck and don't forget to set that stop!
most people see the Elliott wave on a shorter cycle. I think it has not been on the exchange long enough so i offer this longer range view.
Here is my long view of the dollar. This is for demonstrating the possibilities of what could happen and is not formal investment advice. What it is, is food for thought.
What we're seeing yet again these past few days is healthy price action. I've been calling the ranges since the major market correction early Jan, here we are in March and since I have been finding success short term trading strategy I wanted to share to hopefully help people who are diligently looking for a break. After falling victim to the over saturated market...
The market is currently downtrending on the daily timeframe as indicated by the red trend line. Looking on the 4 hour chart, we see that the pair has moved into consolidation indicating a potential retracement to the upside before continuing on its path downwards. Therefore, I've opened a short position where I believe the market may see bearish pressure and could...
Possible Divergence on UDCAD but expecting more downside move to the downward Market structure at 1.23500 Level and a break of that would take the market further downto test the 1.22500 Level. But watchout for a break of the upper structure @1.24217 possibly a retest of it, which would take price firstto the 38.2% or the 50.0% (1.25000) fibonacci level, and may ...
Let me start by saying that this is not something I trade. Price is currently trending lower. I have some areas marked as a potential entry point and then the levels I would look to take profits. IF price closes below 75.12 look out the turd could appear really fast. IF one wanted to get long I would wait for conservative entry such as a 2618 trade set up. the...
H4 - Price is moving inside a range. Currently the price is at the bottom of this range and we can look for buys as long as the range holds. Two possible ways to enter this trade: Conservative (H1) - Enter after breakout of the trendline. Aggressive (H1)- Enter once a bullish candle pattern forms after the divergence completes itself, which will also complete...