Scuba25

Scuba25 Updated 

FSLR looking bullish here. Larger price action on the weekly seems to be in an ascending triangle. Price right now has broken resistance beautifully and is retracing in the form of a descending wedge for a retest. If support holds expect a nice reaction up to our targets. Can buy on retrace, ladder in from now or wait for confirmation. Manage your risk and use an...

Scuba25

If BTC holds up and doesn't crash then this trade has a nice R:R. Healthy retrace into fib zone, 50MA and trend line support. Aim for previous highs but always keep an eye on the market and take profit where you feel comfortable. Happy Trading

Scuba25

Here we can see that the level of 0.883 has been very important in the past. More recently it has acted as strong resistance. Price is now moving back down to that level after breaking. We look for a buy and consider this a retest. Consider a target of around 0.895 but be wary and always keep yourself updated on price action. Happy Trading

Scuba25 Updated 

USOIL - this may be knife catching but we will utilise a tight stop. This pull back however I see as necessary. The reason for taking a trade here is price has met strong support in confluence with the .62 & .705 fib and I expect a bounce. Scale into position within green box our first target is $58 with a stop at $51.57. Price may make it up to $62 but will most...

Scuba25

NEO/ETH - NEO/ETH looking interesting to me here. We are seeing a lot of larger cap alts gain on ETH like XRP, XLM, EOS etc. Reason for this trade is a good R/R, price has broken market structure shown by the new high (white tick) taking out the old high (white cross). Scaling in for a good entry down from current price down to 0.064121, stop below that wick and...

Scuba25 Updated 

AUD/USD - This is a risky trade due to it being countertrend. AUD/USD has shown strength the last week and is becoming bullish, however a pullback could be likely, in fib zone and showing some divergence on MACD and STOCH. We are looking to sell from current price to 0.73530. We will look for a limit of 0.72405, however if trade becomes active we will monitor PA,...

Scuba25 Updated 

USD/CHF is in an overall bullish trend, a healthy retracement is taking place now into the .62, .705 and .79 fib levels. Look for buys now down to .99072, 200MA and STOCH oversold for confluence. Stop at .98912. Limit from 1.00382 to 1.00533. However if trade becomes active we will watch how price reacts to the resistance zone of 0.99711. Timeframe: 6H Supports -...

Scuba25 Updated 

USD/JPY - In a bullish trend. We look for LONGS. Expecting price to bounce in our green fib zone, three orders at (1) 112.808, (2) 112.616 and (3) 112.424. This trade can be run with a larger stop but R/R is not as good. If stop hits there will be another entry. Timeframe - 6H Supports - (1) 112.808, (2) 112.616 and (3) 112.424 Stop - 112.184 Resistance/Limit -...

Scuba25 Updated 

NVDA has retraced past the .62 fib towards .705 and .79. Buy zone is between 158 and 142 dollars in the green box. Scale in for better entry price. Stop at 136.85. I would look at 192 for first profit taking and 216 after that. The idea of this trade is that price will bounce in this region, it maybe the bottom or maybe not, from a longer term perspective it...

Scuba25 Updated 

USD/CAD -0.06% in a bullish bias, we look for buy signals. Price is correcting back into our sweet spot fib buy zone, with trend line , 50MA and stoch oversold confluence. Orders in green box, limit in red box or slightly before to be safe. Tight stop below the .79 fib line, go no tighter, manage your risk correctly. Timeframe: 6H Supports: (1) 1.31594, (2)...