I am opening up a long position on NASDAQ:TSLA for the following reasons. We are in a huge bounce area. On the 4 hour timeframe: There's a clear trendline forming which we are retesting Retesting a 4 hour order block Retesting lower band of Bollinger Bands (Nadaraya smoothed) Aside from technicals, we have earnings coming up which is our catalyst. This...
Opening up a short position on FX:GBPUSD for the following reasons. Recently had a bearish CHoCH+ which indicates a strong market trend shift. This is my trigger to look for short opportunities in the market Rejected PDH (Previous Day High) VWAP Divergence line is RED and price is below the VWAP Great RR with this trade Entry: 1.26811 Take Profit:...
Why I am bearish on NASDAQ:TSLA - Rejected bearish trend line - Rejected SFX Algo volatility bands - WBR Forecast indicator is BEARISH - SFX Algo lower timeframes are bearish (3 minute, 15 minute, 30 minute) My personal trade: Stop Loss / Take Profits: - Entry: $244.00 - Take Profit 1: $231.40 - Take Profit 2: $205.69 - Take Profit 3: $195.56 - Stop Loss: $268.94
On the weekly timeframe for NYSE:SHOP , I noticed four things immediately: - A candle close above the bullish flag forming, indicator bullish momentum. - NYSE:SHOP recently created swing highs at $53.70 and then broke it and bounced perfectly off of it showing that $53.70 is a KEY level. - When price bounced off of $53.70, it was also at the 5 SMA, adding more...
On the weekly timeframe for CRYPTOCAP:BTC : - A candle closed above the downwards trendline (Forming a bull flag), indicating strength in buyers - The MACD indicator had a crossover on the weekly timeframe - Price has been respecting the 21 EMA in the last few weeks. All of my favorite setups include EMAs! - There seems to be a potential Cup and Handle pattern...
Why I am bearish on the S&P 500? - WBR Forecast indicator is BEARISH - We are entering a key zone which we've struggled to breakout from for the past 5 months. - Jim Cramer is bearish (Usually not a good thing lol) #inversecramer My personal trade: Stop Loss / Take Profits: - Entry: $455.45 - Take Profit 1: $432.24 - Take Profit 2: $412.06 - Take Profit 3:...
I am officially BULLISH CRYPTOCAP:BTC What I see: SFX Algo indicator is currently on a buy signal Bullish Falling Wedge Upwards Trendline looking strong MACD crossover under the zero line This is an A+ setup for me!
On the weekly timeframe for NASDAQ:TSLA , I noticed two things immediately. - A candle closed above the downwards trendline indicating strength in buyers - NASDAQ:TSLA recently bounced off of a Fair Value Gap (FVG) Given these two reasons, I am bullish on NASDAQ:TSLA as of now. Stop Loss / Take Profits Stop loss: The stop loss of this trade is set at...