Hi Traders! There is a possible retest of the strong support level of 0.80531, and there are potential opportunities for short entries towards this level. Price Action 📊 The market is currently in a descending price channel and recently broke and closed below the 20 EMA, which suggests that there is currently bearish momentum in the market. We are looking for...
Taking a look a 4 hour chart, price action closed strong to the downside on Friday. I'm not waiting for a bit of a bullish pullback to enter in on some short sells to the downside. Keep it simple. I placed a black line at each level I will be adding sells with my final target down at 180. That's it - That's all Trade Safe!
Entry: with price above 49.60 Volume: with volume greater than 849.33k Target: 53.30 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 49.61, 48.38 gets you 3/1 Reward to Risk Ratio. This LONG swing trade idea is not trade advice and is strictly...
TVC:DXY Dollar bears may come into control swiftly if we break down within this channel, reaching the red support zones. However, while we are still within the amber zone, patience. Whilst analysing the dollar, think of other currency pairs such as £. Ignoring the outside noise and concentrating on price action is key at this moment in time. Trade Journal |...
AUDJPY - 24h expiry A lower correction is expected. We expect a reversal in this move. Risk/Reward would be poor to call a buy from current levels. A move through 94.75 will confirm the bullish momentum. The measured move target is 95.50. We look to Buy at 94.00 (stop at 93.60) Our profit targets will be 95.00 and 95.50 Resistance: 94.75 / 95.00 /...
Angel one looks good here to go long Market had been weak, but this stock looks strong here. I have taken long position at 1990.
Have made a long position in Aster DM. Took 40% qty of planned trade for this script. Rest of the quantity will be added on breakout retest area.
Hi Traders! There is a rising wedge pattern on EURGBP, which signals a possible reversal of the bullish trend we have seen over the past two months. Price Action 📊 The market failed to break the previous resistance at the 0.87014 area, which led to lower highs and lower lows market swings, followed by a momentum break below the 20 EMA. This shows that there may...
Taking a look at the daily timeframe, price action did break below the ascending support. RSI is also below 50. Those two indications alone suggest prices are likely to fail further. Knowing the fear that comes with Bitcoin traders, there's a good chance that this pair is headed back down towards 25k. Trade Safe Everyone
EURAUD - 24h expiry - We look to Buy at 1.6475 (stop at 1.6415) Broken out of the channel formation to the upside. RSI (relative strength indicator) is flat and reading close to 50 (mid-point) highlighting the fact that we are non- trending. Risk/Reward would be poor to call a buy from current levels. A move through 1.6600 will confirm the bullish momentum....
Hi all, we have just added INTC to our model portfolio. The stock is in a confirmed phase 2 uptrend and meets 7 of the 8 Minervini trend template criteria. Here is the link to our updated model portfolio: www.tradingview.com
EU this week got nice run to the downside as expected in the last EU analysis that you can check on my profile, these past few days we entered in two consolitdations which is the typical price action before NFP, and formed MMSM, I'm expecting NFP to push EU higher to the 1h FVG and I would be looking for some confirmations in the lower times frames to take a sell...
This is trade idea for GBPJPY Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:3
This is trade idea for EURJPY Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:3
This is trade idea for USDJPY Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:3
This is trade idea for USDJPY Day Trade -Buy around FVG according to the confirmation that will occur. -Possible bullish price movement towards the resistance. -Risk Reward 1:3
This is trade idea for EURGBP Day Trade -Buy around FVG according to the confirmation that will occur. -Possible bullish price movement towards the resistance. -Risk Reward 1:3
This is trade idea for USDJPY Day Trade -Sell around FVG according to the confirmation that will occur. -Possible bearish price movement towards the support. -Risk Reward 1:2