A setup that implies a potentially strong earnings report. HFTs could gap this stock. It has been as high as $50.
Price is trading in a correction phase, we are in a double correction/ combination where all the waves or legs are correction patterns it can be any correction pattern but waves W and Y cannot be a triangle pattern. Price is currently on the wave A of wave Y sub-waves, we are in a bearish impulsive phase I don't expect any pullbacks as of yet.
TRADE TYPE: INSTANT ENTRY SHORT TRADE DIRECTION: SHORT TIMEFRAME: WEEKLY ENTRY PRICE: 0.66550 STOP LOSS: 0.73400 TAKE PROFIT: 0.58000 RISK TO REWARD: >1:1 ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed @ 78.6% SWING FIB RETRACEMENT. Follow this thread for any future...
TRADE TYPE: BUY LIMIT ORDER TRADE DIRECTION: LONG TIMEFRAME: MONTHLY ENTRY PRICE: 1.33100 STOP LOSS: 1.25500 TAKE PROFIT: 1.40600 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low. Follow this thread for any future updates regarding this...
TRADE TYPE: SELL LIMIT TRADE DIRECTION: SHORT TIMEFRAME: WEEKLY ENTRY PRICE: 1.10500 STOP LOSS: 1.16000 TAKE PROFIT: 1.04650 RISK TO REWARD: 1:1 ANALYSIS: Price broke the demand zone / support and is likely looking to aim for upcoming demand zone / support. stop loss ideally placed above supply zone / swing high Follow this thread for any future updates...
TRADE TYPE: BUY LIMIT ORDER TRADE DIRECTION: LONG TIMEFRAME: WEEKLY ENTRY PRICE: 1.07000 STOP LOSS: 1.03800 TAKE PROFIT: 1.10500 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low. Follow this thread for any future updates regarding this...
TRADE TYPE: BUY LIMIT TRADE DIRECTION: LONG TIMEFRAME: WEEKLY ENTRY PRICE: 0.87100 STOP LOSS: 0.85000 TAKE PROFIT: 0.89600 RISK TO REWARD: 1:1 ANALYSIS: Price broke the supply zone comfortably and now shall look to aim towards the upcoming supply zone . stop loss ideally placed below swing low. Follow this thread for any future updates regarding this specific...
GBPJPY has been trading bullish for a while now, we are currently on a fifth wave phase on a higher timeframe. Of course, we know that wave 5 is a motive wave meaning it can be an impulse move or a diagonal pattern. We have a 1-2 sequence wave 2 retracing about 61,8 fibonacci level.
AUDUSD is in an impulse move in the downtrend direction. Few ways to identify an impulse move - waves 1 and 4 shouldn't overlap, and wave 3 is never the shortest wave compared to waves 1,3, and 5. It's clear that we will soon see a sell-off to complete the fifth wave.
DXY D1 Still quietly confident that the dollar is going to take off upside, it's just a matter of time, the data points released haven't exactly been complimentary, but that being said. The economic data points have been shaken off and we still expecting a dollar break of 107.00 we can then load up on our USD longs, commodities are still setup bearish, as per...
The bottom formation is confirmed with rising Accumulation/Distribution and a nice, controlled base at the low. This is evidence of a Dark Pool Buy Zone, aka accumulation zone, where bargain hunting has occurred. But a bottom formation is a sideways pattern first, before it becomes a sustained uptrend. Resistance overhead is strong, so swing traders should be...
Happy New Year for you all Newbies Intermediate Expert - I wish you all a blessed and profitable 2022. I wish you more health , more wisdom , more knowledge , more profits. Don't forget... trade is your perspective about your own life , never judge anyone , never care about what you dont know. Be more disciplined , Be more Motivated , Be more Human , Be more...
These are the levels I'm going to buy $SHOP on the dip. Missed the earnings, supply chain issues, etc. Love the company.
$Bldr, This stock is fundamentally strong and by volume we can see that there is interest form big players in the stock. Stock is trading at it's all time high and only potential we see in this stock is that the stock should rally up in price, worth putting this stock in your watchlist. Volume need to be highly considered as we enter the at any certain point we...
Hello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged long, due to purchasing further increments upon imbalances. Please do not take this as face value and conduct the relevant investment strategy to successfully trade the probabilities. Breakdown 1. Note 2. Contents 3. Research...
by looking at the charts i see a beautiful pattern building in my opinion i see very good long positions on bnb ut should drop around 275 and or a little lower but i see strong bullish cycle ahead,
Fresh from consolidation. Tailwinds include exponential growth and adoption of e-commerce in South East Asia along with recently awarded digital bank license in Singapore.
During the last three-month trading period, the VanEck Vectors Gold Miners ETF (GDX) has generated net inflows of 731.35 million. More importantly, we can see that the greatest selling pressures emerged after the Pfizer vaccine news was released on November 9th. This suggests that the market is simply undergoing a temporary reaction to a news event and that...