A couple days back I wrote that the NZD/USD was up against the roof of a descending channel. I anticipated a breakout and entered long @0.60995. Short, medium, and long term indicators support a strengthening Kiwi against the USD.
I really like XRP at this level. The 58 cent level proved it is legit support and XRP now looks to have formed a bull flag which it is at this moment attempting to break out of. All moving averages are on the underside of us assisting the 58 cent level in supporting price. Additionally, we have touched that RED line (see RSI) yet again and everytime we do so a...
This looks to be good support here for Matic. I have waited patiently for entry and .74 cents looks to be as good as any with all SMAs (50,100,200 day) on the underside for support along with a significant level. Also, RSI has reached support in conjuction with the pullback here. I will be taking profits along the way and expect to be out 75% by the time we reach...
Opportunity for Long trade with a success rate of over 85% The price is likely to hit TP1 with a 85% chance and TP2 with an 75% chance. Please note that all the information provided is based on personal opinion, and no responsibility is assumed for any outcomes."
Expecting some sideways before a move up into the 78.50 region and a pull back to the levels shown . Aside from the confluences I have documented , this plan also correlates well with my USD outlook . I will wait for the short and have alerts set but there is also a long from around 75.20ish if you wanted to take the move up beforehand. Of course this...
The stock is a good contender for a short term trade because it appears to be setting itself for breaking out of a month's range. A simple yet effective setup. A entry is made when the stock closes above the range's upper boundary with good volumes. It is to be noted that the stock also has given a successful wedge breakout on Nov.16. Note*- Please do your own...
This USD/JPY trade strategy capitalizes on the currency pair's strong uptrend as identified from the monthly, weekly, and daily charts. The current price near 149.5 presents a compelling entry point for a bullish position. The setup involves: Entry Point: A buy limit order at 149.5, positioned just below the current market price, aiming to capture potential...
Abbott India Ltd. is seen coming out of a fourth wave triangle and is expected to have completed wave i of V. The stock had remained in a 3month long correction during the fourth wave between Aug and Nov. The stock is currently close to the support area of 23000 and is expected to settle and reverse from around here. The final projected target for fifth wave...
The stock is completing a triple three correction, that has been ongoing since Sep., with today's fall. The 95-97 zone is the 50-61.8% retracement of the entire fall. CMP 88 SL 84.9 TARGET 95-97
I had posted a daily chart of LIC HSG yesterday showing how it should begin a wave 5 move towards 500 soon. Please refer to that chart to get a better understanding of this one. This chart only shows the correction of wave i of 5 coming to an end. A dip below 450 was strongly recovered intraday today. the reversal price of 444 can be used as SL to make an entry...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity EURUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Sure, there is upside to 1780 and it could keep climbing, but I think we're going to see it drop before that occurs. There is a support trend heading in the bearish direction Then you have two really weak resistance lines developing on short term charts. Which makes me think it's about to see a drop off of those and then head to the bearish support trend. ...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this ORBS/USDT Trade setup. ORBS looks good here. Breaks out from the symmetrical triangle and also the cup and handle-like structure. Currently, retesting the neckline. Long some here and add more in the dip. Entry range:- $0.04370-$0.04470 Target1:-...
Neo looking like it wants to make a big move here already long from the bottom so hoping for a nice move up
Expecting price to break the 1.93100 resistance zone and buy to the next zone which is 1.94900.. 160 pips setup Always Apply risk management
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity AUDUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
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...
Hi, This is the Daily view of the GBPJPY and I am not sure if you have seen this or not. But it's a very nice setup! You can see the same pattern on 1 hour or 30min timeframe from where it started falling today! So it's just a overview, do let me know about your thoughts!