HiAzuki is a fractionalized NFT offered on kucoin, the market cap is extremely low and when the liquidly comes in its a wrap....Incoming measured move based on 2 hour time frame and a projected cup and forming, Gains of 46% on the way, this cant be leveraged so projections tend to play out more accurately .... Happy trading folks #getmoney
I have done my best to try and educate and help those who are willing to listen, I know nothing is guaranteed in trading but sometimes the bigger picture does wonders for a game plan. Never the less, following measured moves still incoming for Arb, 1.0468 then down to a1.01 hopefully no one is holding on to any long positions its about to get ugly... happy trading folks
Since it could not hold on to 30k, needs to test monthly open area (target 29K) This area also aligns with 0.618 retracement level. Stop loss should be wide because of possible stop-hunt in the fair value gap area above entry.
Take a look at our analysis for GBPCAD.
Time Frame: daily
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is trading around a solid horizontal structure 1.684.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 1.655...
Hello Traders I have become very fond of the higher time frames. After 4 years plus experience you do everything you can to drown out the noise.
This is a macro thesis but will allow you to feel confident in playing one side of the market for the coming months.
We must wait for the DXY to Retrace before this potential thesis hits its breaker trigger!
Happy...
This is a fantastic example of a topping tail on the IBM chart. Note the topping tail is 1. at the highs of recent history, 2. The tail (wick) is 50% or greater of the entire candle length, 3. The body is 50% or less of the entire candle length and 4. the close is in the bottom 25% of the candle.
Note the 50% retrace the next day giving a great short entry and...
My previus setup on cadjpy hit sl but here is the update one..do not miss this opportunity coz it reach new major supply..probably this time will go down drastically..R:R 1:10 as usual
Nice trick by goverment. They want to put pressure on companies by making them sell their dollars. But this will only postpone the collapse of Lira.
Target is 18+ for USD/TRY pair. This will be 3th wave (elliott). Current correction can not go down more than here 15.80
My target is 21-22 for USD/TRY pair. Fundamentally flawed economy will not persevere.
The traders who learn to view and think about trade setups in terms of risk/reward are the ones who end up making consistent (albeit massive) amounts of money.
My personal strategy looks something like this:
Using the 4-minute chart as the earth rotates 1 degree every 4 minutes.
𓃭 0.50% stop-loss measurement
𓃭 1/2 profits at 1.30% level and move stop to...
Looking for sell on EURGBP 0.85068- TARGETING to 0.84553 and then next buying opportunity is 0.84553 - targeting to 0.86100. expected stoploss 50 pips and 160 pips profit target. Thanks
we know that eurgbp has formed a fake out pattern with two fake out supports, this is quite good if we add the new orderblock buying area... it is hoped that eurgbp will be able to reflect the price and move up to continue the price increase
I was looking at HD on 1h and found that price is at a cheap zone as per the ProTrader set up. Any retracement above 298 is opportunity to go long. It will attempt to reach marked levels. Let's see how it works out.
another attempt, took profits at 5% last time as looked like it was gonna retrace.
tp 1.05 level tbh may close before, looking for around 15%
sl manual again around 2-3%
potential dump zones. best to be mindful and sell before zones carrying buyin after retrace or fibs. btc may buy up, however these are zones to be VERY mindful of. TEXT on chart. Also used daily analysis to find resistance at points shown.
P.S. I take donations if anyone is willing.
Hello fellow traders; time for another analysis w/ SmoothPips
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