TRADE OF THE DAY | COTI | Looking like an easy 8.2% Short | TARGETS ON THE CHART | Not a crazy complex trade set up here a key rejection from the 20 Daily EMA along with a strong bearish divergence showing with a conservative target to the most recent strong support. Fortunately the Stop lines up nicely with the most recent swing high too for a 1:1 R:R.
Trade idea for USDCHF as it has met a double bottom structure on weekly TF shown. Hoping to have caught the bottom of an uptrend.
Positive Confluence Factors... (12) 1. LTF and HTF direction in alignment? ✅ 2. At edge of HTF structure (in green zone)? ✅ 3. HTF candlestick confirmation? 4. Trade setup visible on multiple time frames? ✅ 5. Break out of structure and a break back in present? 6. Near miss present (below price if looking to get short, or above price if looking to get long)?...
OANDA:XAUUSD Is near an important resistance zone. Currently long positions are so risky and we have to look for short positions. The most caution entry might be when the price breakout black trend line. If this happened, my first TP will be orange line and then red zone. But don't forget that we have so important news next days. 🟥Please Pay attention🟥 *Don't...
Positive Confluence Factors... (13) 1. LTF and HTF direction in alignment? ✅ 2. At edge of HTF structure (in green zone)? ✅ 3. HTF candlestick confirmation? 4. Trade setup visible on multiple time frames? ✅ 5. Break out of structure and a break back in present? ✅ 6. Near miss present (below price if looking to get short, or above price if looking to get...
Positive Confluence Factors... (16) 1. LTF and HTF direction in alignment? ✅ 2. At edge of HTF structure (in green zone)? ✅ 3. HTF candlestick confirmation? ✅ 4. Trade setup visible on multiple time frames? ✅ 5. Break out of structure and a break back in present? ✅ 6. Near miss present (below price if looking to get short, or above price if looking to get...
Positive Confluence Factors... (13) 1. LTF and HTF direction in alignment? ✅ 2. At edge of HTF structure (in green zone)? ✅ 3. HTF candlestick confirmation? 4. Trade setup visible on multiple time frames? ✅ 5. Break out of structure and a break back in present? ✅ 6. Near miss present (below price if looking to get short, or above price if looking to get...
Positive Confluence Factors... (16) 1. LTF and HTF direction in alignment? ✅ 2. At edge of HTF structure (in green zone)? ✅ 3. HTF candlestick confirmation? ✅ 4. Trade setup visible on multiple time frames? ✅ 5. Break out of structure and a break back in present? ✅ 6. Near miss present (below price if looking to get short, or above price if looking to get...
Observations:: --------->> The stock is trending upwards in daily time frame. --------->> Previous resistance is broken strongly @112 level, after broken this level price trading in range. -------->> If price breaks upwards we have a next resistance @120-122 and @ 128. --------->> If price breaks downside we have a Support @105 and 98 zones.@105 zone previously...
On this, we have a bearish setup that overnight created a zone of interest for a short trade within a supply area around 1.9960. The objective is to wait for a bounce in that highlighted yellow zone and then enter a short trade with a target of 1.98. Pay close attention, as after days of congestion, the market seems to be showing some momentum. Let me know what...
Clean retracement to .78 on the fibs and we're holding strong. I think that we should go retest the highs and break $2150 over the next few weeks.
Positive Confluence Factors... (14) 1. LTF and HTF direction in alignment? ✅ 2. At edge of HTF structure (in green zone)? ✅ 3. HTF candlestick confirmation? 4. Trade setup visible on multiple time frames? ✅ 5. Break out of structure and a break back in present? ✅ 6. Near miss present (below price if looking to get short, or above price if looking to get...
Positive Confluence Factors... (15) 1. LTF and HTF direction in alignment? ✅ 2. At edge of HTF structure (in green zone)? ✅ 3. HTF candlestick confirmation? 4. Trade setup visible on multiple time frames? ✅ 5. Break out of structure and a break back in present? 6. Near miss present (below price if looking to get short, or above price if looking to get long)?...
Positive Confluence Factors... (12) 1. LTF and HTF direction in alignment? ✅ 2. At edge of HTF structure (in green zone)? ✅ 3. HTF candlestick confirmation? 4. Trade setup visible on multiple time frames? ✅ 5. Break out of structure and a break back in present? ✅ 6. Near miss present (below price if looking to get short, or above price if looking to get...
Buying USOIL at retest level, high probability trade with a R/R Ratio of 3
Positive Confluence Factors... (13) 1. LTF and HTF direction in alignment? 2. At edge of HTF structure (in green zone)? 3. HTF candlestick confirmation? ✅ 4. Trade setup visible on multiple time frames? ✅ 5. Break out of structure and a break back in present? 6. Near miss present (below price if looking to get short, or above price if looking to get long)?...
Stock near the previous resistance So keep this stock in watchlists Cmp 1415 Buy above resistance Or wait for Retest ✅ Sl can be placed at the low of previous candle prior to Breakout near to 1370 : $trong stock : Expecting 20-25% upmove from here ✌️
Bearish divy 3 layers of confluence, plus they just ran it from the abyss... easy short