N.B. These lines and levels are for 15min chart only
All conditions met
High risk: Very High rewards
P. S. THIS IS NOT A FINANCIAL ADVICE
IT'S LIKE A TRADING JOURNAL TO ME
Very nice Trade that I took today.
This is actually the way on how to approach your trades by looking at the options that the market is giving you. In this case I was not sure which Demand Zone the market will pick so I decided to use all 3 Demand Zones. The first was activated and ran into profits. Then I secured the position by moving SL to entry which was a...
*AUVI*
Not much data due to company time in market but here is what I have:
Entered position today in small increments.
Chart shows a bounce off area of
S1(Support) and looking to make it way to P(Pivot point)
Neutral outlook here with a very bullish outlook should it go back up past $7.90.
Stop loss @ 5.0 4.97
*indicators used*
-ZigZag
-Supertrend...
Technical analysis on FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits / losses what so ever.
The last 24 hours have been quite interesting and informative. We saw a nice breakout from the bullfrog on lower timeframes but as many times seen on bitcoin a clear rejection from the top and a dump back to where we started. I think we can go to 4250$ today if the support don't break if the support breaks then we can go all down to 3800$. If BTC goes up i will...
Iota, as you can see, has dropped to the lower Fib levels and is primed for a breakout.
Wave anaylsis states a Long position at the moment.
The issue, of course, will be if BTC can at least trade sideways for a couple of days to let us get some quick day trades in.
Because of this, this is certainly a high-risk trade.
Targets:
1. 0.00020216
2....
Possibly shorting USDJPY due to a good looking Wolfe Wave.
Short order put at the green area with target and stoploss indicated on the chart, good luck!
Nice pattern with fib confluence on this pair. Retracing into previous support now should becoming resistance.
This Pattern could be the reason to enter a valid trend continuation short. FOLLOW YOUR PLAN!
Best luck in the markets, Felix.
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