Hello traders, Great level of the support zone and early sign of change of trend- see 4h divergency, with a return of 2.7 I think it's worth it but don't take it as an investment advise it's just my idea with a s/l I won't risk too much! T/P at 0.382 Fib being also resistance zone management of the capital is a one of the key to success as a trader
Hi Investors and traders, This idea is based on a support/resistance zone with technical indicators such as RSI see bearish divergency formed and 1D Doji candle . In addition with unemployment data being published and overall look of the oversold market and signs of recession I am opening a short position, please do not take it as a trading advise it's just my...
Hi again, this is a continuation of my earlier analysis posted on 17th Jan'23 as I have moved my s/l to the opening position of the trade, see the 1h chart with this falling wedge pattern forming chances 70% the price will hit the target as marked surprisingly being the target I'm going for, Remember- this is not a trading advise it's just my idea, always protect...
Dear All, this idea is based on the fact the price has reached the resistance zone and since the news are sooo good I wouldn't be surprised this is just a beginning of the further drop and probably hitting the target of 3k This is just an idea not a trading advise! S/L highly recommended (above the resistance zone)
UK100 GBP Falling trend, DOJI candle, dropping volume- SHORT! This idea is based mainly on the trend line. The price has reached the edge of the trend line and we can see a doji candle formed at 1D interval, also look at the dropping volume, I would say the correction has ended and the price is just about to drop, which would be in line with the recession we are...
This analysis is based on the price channel idea while the support level has been hit and worked as can be seen looking at 4h interval. The t/p target is 0.618 of the recent drop This is just an idea not a trading advise, please always protect your capital with a s/l in this case I have shown it below the support level with a risk ratio of 1:4
This idea is based on the resistance level and with s/l at 1.038 we are heading for the profit with a risk at a ratio of 1:2.8 (T/P 1.01) Bearish divergency and DXY which needs to take a breath! This is just an idea not a trading advise, while trading protect your capital with a s/l you can handle without loosing yourself
This idea is based on the fact USDJPY has been trading at this price level for quite a while, see weekly chart and the reverse wicks, this time my t/p is at 1:6 ratio matching support level and EMA 200. S?L at the resistance level just above 145, please remember this is just an idea not a trading advise! always protect your capital with a s/l you can handle :)
Hello fellow traders, this idea s based on the price channel hitting the bottom and the strong support level as indicated with the shaded green colour. I have placed the s/l just below the support level and t/p is just at the range of resistance level being the safe estimate of the price level when we might notice some action. Take profit to loss ratio 2:77 I am...
This idea is based on the support level and price channel, confirmed by a bullish divergency and 4h candles which are now formed with the long wicks. The s/l and t/p are as shown 1:2 ratio reward being my first target This is just an idea not a trading advise, trade safely protect your capital with a s/l that won't make you tear your hair!
This idea is based on the fact the price has reached the longly waited top of the falling trend line and resistance level zone, also RSI sooo high plus low trading volume for weeks!! To me this looks like the rise was simply continuation of the market expectations but awaiting certain actions today/tomorrow and I wouldn't be surprised if the price goes down...
This analysis is based on the Double top pattern, 4h Bearish divergency, time for the upward trend to slow down and change the direction My s/l and T/P as marked, once the price reaches the s/l t/p ratio 1:1 I will close part of the trade and move the s/l to the opening level This is just an idea not a trading advise, protect your capital, set up the s/l that...
This idea is based on the early signs of trend reversal such as bullish RSI divergency, 4h doji candle, and we can see the 1D 200EMA usually works as a nice bouncing point. I have indicated the s/l levels of my trades and t/p marked as 1 and 2 where I would be closing some of my position (t/p1) and keeping the remaining with moving the s/l to the opeming position...
This idea is based on a price channel (weekly interval) and Fib level- Golden Level at 0.618. The 4h candle indicates the rising trend is over, with a s/l above it and a half of transaction profit at 94.5 = risk of 1/1 Always remember to protect your capital and risk just as much as you are ready to handle! This is just an idea not a trading advise
This analysis is based on chart pattern of H&S indicating end of the rising trend plus speculations of the current situation and incoming crisis. The price has now reached 0.5 level of FIB measured from the top of the recent drop, This is just an idea not a trading advise, always protect your capital with a SL and make sure you won't be devastated when it's reached!
I have based my analysis on the fact BTC has made a double top between April and November 2021 plus, recently H&S pattern has formed and with the right shoulder candle that would be completed in 15h (DOJI!) we might see the move downwards and the next support level is quite close to the target, sooo.... be prepared! Just so you know- In my opinion BTC and other...
this idea is based on a support and resistance levels with some indicators such as RSI and Volume- see this daily candle! time to place long position at least till the next level of 1500 USD when some profits can be taken and lets see if the market will continue it's down trend as I still believe BTS hasn't reached it's resistance level of 20k hence.. Anyway,...
This analysis is based on Cap & Handle pattern which can be drawn as shown with dotted lines, plus Fib extension target measured from the start of the new trend. Reaching 5.8 PLN per GBP is quite possible seeing the recent drop has now reached resistance level and 50% drop of the price rise, s/l below 75% would be a good idea, protect your capital is always a good...