Uptrend Corridor Breakout formed after a 8-month rally. Multiple new support confirmation yesterday. I usually want to see a support confirmation over a period of 2-3 days, however, I still feel that the risk/reward ratio is very acceptable. Therefore, I'll enter regardless. If you want to be safer, wait for further support bounces (although you might miss a run,...
Ascending triangle formed after a 9-month modest rally. Multiple new support confirmation over the past few days. Support has been broken in a few occasions. However, I still feel that the risk/reward ratio is acceptable. - Target Entry $24.30 - Target Stop Loss $23.81 - Target Exit $28.01 About me - P/L: Oct-Nov-Dec Trading Suspended | September +49.18% |...
Daily ETH Trade Setups There are two potential trade setups that could develop and we can wait patiently to see if either setup gives us a good trade entry Scenario 1: False Breakdown at Horizontal Support In this first scenario, we are waiting for price to hit the horizontal support @~$595 and then bounce back up. Confirmation criteria for entering a long...
BUY at 407 Stoploss 398 Target 444 ** Consult your financial advisor before taking any entry. This is solely for personal trading purpose and is not any advise. the author is not NSE certified Practitioner and has a decade of trading experience.
yesterday, i posted a trading set up on GBP/USD, and it goes as planned where the nearest resistance is reach, now it is clear that long position is very much possible to trade. considering USD is weakening. Stay stune for further Signal
the problem is $FTCH stocks owned by 98% of Funds so if the earnings doesn't go will there will be HUGE DROP !
AUDCAD just broke the uptrend strutture and making a new lower low, time to short
Ascending triangle formed after a 5-month correction. Multiple new support confirmation over the past few days. There is a potential to aim March's high and target a $105 price mark. However, not before we break past our original target exit below. Despite profit potential might not seem appealing, I still feel that the risk/reward ratio is acceptable. Needless...
BBKP akan melanjutkan kenaikannya untuk menyelesaikan pola Falling Wedge, pada saat ini harga sedang membuat continuous pattern. Candle pada tanggal 16 sudah menandakan ada sebuah pressure buyer yang sudah standby. Buy on weakness and wait for rally.
ETH is preparing for the move! At the current state of the asset, the price does not show any strength or weaknesses of either Bulls or Bears. The decreasing volume is suggesting that the asset is going through the accumulation phase. At the same time, the price is bouncing around the POC of the current month. Trading Plan COINBASE:ETHUSD : There are two...
As we wrote in the previous posts, BITFINEX:BTCUSD price is targeting the final upward rise towards the golden pocket in the area of $11,241. Based on the volume and the level of RSI, if the price will able to reach this level then it will create a divergence on both of these indicators. We are starting to monitor the short position as this looks like an...
The latest upward move of BINANCE:BTCUSDT is not that strong as it may seem. Even though the volume was picking up during the breakout from the area of $10,600, the later movement was accompanied by the decreasing volume. The price is currently entering the resistance area. And comparing the previous downward movement (from 12,000$ to 9,800$) with the current...
Waiting for a pullback to approx. 0,73700 price level to join bulls with S/L below 0,73200 and T/P around 0,74350. // Make your own analysis before entering position. Feel free to share your opinion/position via comment and follow me for more upcoming ideas/setups + support my work by hitting like.)
Ascending Triangle formed into an Uptrend Corridor and new support confirmed multiple times on the 5-min chart on 25th Aug. About the entry, you have two options. Chasing the price entering with a Buy Stop order or waiting for a better entry with a Buy Limit. It comes down to your appetite for risk and current trade situation - I will most likely go ahead with a...
This will most likely be a short-term play. Descending Triangle formed after a 4-month rally. Resistance confirmed multiple times yesterday on the 5-min chart. We have two targets, set at a new potential support line. - 1-Month Downtrend - RSI and STOCH below 50 - MACD below Signal Suggested Entry $20.69 Suggested Stop Loss $21.25 Target price $19.61 +...
Bullish Pennant formed with the possibility to hit the historical resistance line. Entry price conservatively set at mid-resistance breakout. Target price set at resistance line bounce. - Historical Uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $216.58 Suggested Stop Loss $211.56 Target price $235.96 Note that I tend to adjust...
Corridor Breakout out of a 1-month price correction. Target price set at resistance line bounce. - Strong Uptrend - RSI and STOCH well above 50 - MACD well above Signal Suggested Entry $57.91 Suggested Stop Loss $56.88 Target price $70.80 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target...
$LHA Lufthansa AG (XETR) 3 Months chart: 4 Hour chart: 1). Limit Buy: 7.678€ or 7.66€ (we prefer 7.678€) 2). Limit Buy: 7.184€ Entry Price: 7.431€ 1). Take Profit: 9.928€ (+33.55%) 2). Take Profit: 12.246€ (+64.49%) Longterm target: 15.964€ - 16.710€ (+114.80%) Stop Limit/Loss: 6.668€ (-10.20%) Risk Reward: 6.36 What do you think? Share your idea and...