Buying opportunity Why? 1. Relative strength to the markets SPY/QQQ and XLY 2. Higher Time frame alignment / Weekly chart is ok 3. Moving averages : 20/50/200 MA are pointing higher near and under the price Price > 20Ma > 50Ma > 200Ma 4. Chart pattern breakout forming near the minor support area - Cup with handle/W with handle Entry : 93.55 Stop : 90.25 Target...
Doge on the 4 hour time frame, I have identified multiple patterns, (each one is indicated on the chart in different colors.) These patterns have very similar price targets Which makes me more confident in potential success of my trade set ups. Indicators: 200 EMA (red) 50 EMA (green) The 50 EMA is currently holding down the price, but a break above it should...
TOTAL (Crypto Market Cap) has double-bottomed above 1.8T trendline support If support prices hold strong, an industry-wide bullish crypto rally could occur. -Bullish Targets to the upside are 1.92T, 1.96T, 2.0T. -Chart setup would be cancelled if the index price falls and holds below 1.79T. Utilize stop loss, position sizing, risk management. Note: Crypto...
Seen this pattern a lot , can be used to stop over leaveraged traders
If you buy stocks, use STOP orders. Don't ride the submarine to the depths of the ocean. If it's a submarine, you want out! Not because the submarine may come back to the surface for oxygen, but because a submarine can stay under for a LOOOONG time, or it can sink (which you don't want). So instead, the goal is to avoid the submarines and to try to ride...
Gold has reclaimed its contracting price action and will likely breakout to the upside with a target of 2201. Stops would be below the middle of the pennant pattern. 1775 or so. Losing the middle price action could take this in the opposite direction therefore we must manage risk and stay vigilant until price action has broken out of the pennant pattern and...
this one is for the gutty. i am projecting the weekly candle to draw a higher up-wick, before closing around the mid 26xx region. such a close would mark the continuation of the short to 13xx in my aforementioned post(s). trigger at 239x, triggered limit at 254x target - 29xx position at target - full close taking short entry trade with caution anything i post...
Two trades I had taken on the pound dollar on thur-fri. In my opinion understanding what liquidity is and why it drives price is extremely important if u want to have any success. Understanding that if you don't enter on someone else's stop loss ; some one will enter on yours and that its a 0 sum game. Just remember when you enter a trade there is someone else...
selling at price 1.9035 looking for more price action when london closed .
4 hour closed bearish !! price for new york looks bearish !! but price action for new york not looks bearish !! so waiting until NYSE if price make ll to sell the LH . i took a aggressive order block at 159.30 . its friday .
2nd 2hr cup and handle played out perfectly maybe get in on a re entry?? hmm lets see....
Buy stop usdcad if it broken down trend line and we have hvn support. USDCAD TYPE : BUY STOP TF : H3 ENTRY PRICE : 1.2409 STOP LOSS : 1.2325 (84 PIPS) TAKE PROFIT : TP1: 1.2429 TP2: 1.2469 TP3: 1.2545 TP4: 1.2600 TP5: 1.2650
Bitcoin can dump to around 57-56000$ Because I am waiting to DOM will be 45,71 so if I were play short term I have added stop 59,750$
buy stop GBPCHF if it broken the down trend line GBPCHF TYPE : BUY STOP TF : H2 ENTRY PRICE : 1.2562 STOP LOSS : 1.2490 (72 PIPS) TAKE PROFIT : TP1: 1.2582 TP2: 1.2620 TP3: 1.2695 TP4: 1.2750 TP5: 1.2789
Trading suggestion: ". There is a possibility of temporary to break to the suggested resistance line (291 ). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . MSFT is NOT in a range bound, and the continuity of an uptrend is expected. . 13 AGOST 2021 have a GAP bullish Take Profits: TP1=...
the momentum of Bullish USDCAD is exhausted we will wait for USDCAD bear break out by sell stop: USDCAD TYPE : SELL STOP TF : H2 ENTRY PRICE : 1.2669 STOP LOSS : 1.2750 (81 PIPS) TAKE PROFIT : TP1: 1.2649 TP2: 1.2614 TP3: 1.2555 TP4: 1.2505 TP5: 1.2422
Please see my previous post for an explanation of the technical signals shown. The post is linked below. In my opinion, this is the best way to utilize the technical information. My vehicle of choice would be SQQQ, which would give a potential profit/loss of 10%/-2.5%.
Set stop to entry after getting filled. has a good r/r target around 251 . wont buy until over 248