TradeAlchemy

TradeAlchemy

*Above MA *High ADR *Nice flow + volume Targeting next leg up to $34. SL based on pattern.

TradeAlchemy

Since earning gap, Uber has been trading sideways. I am looking for a continuation to the 57-59 price target.

TradeAlchemy

Inverse head and shoulder formed on the 2D timeframe. The past two days retested the neckline, which turned into support. The measured move for this pattern is 3900. I am keeping a tight stop loss since I will be playing options for this short-term trade.

TradeAlchemy

Planning to trade this channel and keeping a tight SL. Targetting $92 as long as above $70.

TradeAlchemy Updated 

There may be a potential reversal from here (double bottom). Whether this is a corrective dead cat bounce or an actual reversal, I am looking for $345. Risk: 11%, Reward 45%

TradeAlchemy Updated 

I'm already in long positions since 0.006. I am holding for the $7 target (long-term target). Sometimes I like to chart a shorter timeframe to earn some free coins ( and keep me busy over the weekend). Go $DOGE! To the Moon! 🚀🌙

TradeAlchemy

R/R: 7.7

TradeAlchemy

R/R : 9.49

TradeAlchemy

This looks like a 1-2-i-ii on the weekly with the potential.

TradeAlchemy Updated 

Just playing the pattern on this one. Measured move for descending triangle is based on the length of the longest side of the triangle. Fib extension tool can be used to measure with a 1:1.

TradeAlchemy

I love deep retracement setup. With 86.8% retracement, I am aiming for 2.618 extensions for the next leg up.

TradeAlchemy

I see a potential cup/handle here. I would like to see this pullback to the 50% @ 40.30 for entry. @ Current Price ($43), it's still a good entry considering the R/R so I have a small position. I"ll add more to my full size position if it does pull back to 40.30.

TradeAlchemy

After completing 78.6% retracement, I've decided to go long. 78.6 and 88.6 are my two favorite retracement levels. Risk: 9.9% Reward: 98%

TradeAlchemy Updated 

Prediction

TradeAlchemy Updated 

Not a trade idea. Macro viewpoint/ Prediction

TradeAlchemy

No offense to the bulls, but with so many bullish ideas shared, I think this may be the time to short this ticker. From an Elliott wave perspective - it looks like 3 waves down since February 2020 drop was wave A and 3 waves up to complete wave B. Wave C should take us to either -0.236 to -0.618 level. Standard Target for Expanded Flat Correction: Wave B =...

TradeAlchemy

Lovely head and shoulders formation on DBX on a monthly timeframe. Here's my trade plan Entry: 25 Stop Loss: 21.50 (below January low) Target: 42.50 Rewards: 73% Risk: 12%

TradeAlchemy

Is this the end of wave 1 of the bull run? That is possible, and it fits all of the rules for the Elliot wave theory. Wave 2 retraced 38.2% of Wave 1 and did not retrace more than Wave 1. Wave 3 is 2.618% of wave 1, which is a standard extension target. Wave 3 is not the shortest wave. Wave 4 is an expanded flat correction—retraced 38.% of Wave 3. Wave 5 is...