robertofiorentino9

robertofiorentino9

Reviewing the daily chart shows extreme pressure to the downside over recent days, yet the bottom trend line held. We are still range bound with no clear trend, however analysing the current range, an uptrend is assumed. It is important to counter in the news and market sentiment. With ongoing conflict affecting supply chains, and concerns over supply chains...

robertofiorentino9

Just a quickly put together idea on the DOGECOIN. It appears to be forming a bullish flag which could break out to the upside. Keep an eye on the movement and price action around the lines marked up. If we see a breakout to the upside or downside a position can be entered with a SL to the opposing side and a TP at the nearest support / resistance level.

robertofiorentino9

EURUSD Key Levels & Chart Analysis - LONG and SHORT bias

robertofiorentino9 Updated 

Reasons I will look to take this trade - Pair is ranging between shown price points with no clear bullish/bearish direction as of yet. - Price has reacted violently to these price areas in the past, quickly reversing. - Pair is overbought on 30 min / 1 hour / 4 hour timeframes. - Tight stop loss / Good R:R (Risk:Reward Ratio) (1:3) Entry : 0.69900 Stop Loss:...

robertofiorentino9

Reasons I took this trade: - Double bottom formed on the larger timeframe / Bounce of strong resistance. - Pair is oversold on many timeframes. - Tight stop loss / Good R:R (Risk:Reward Ratio) - Strong BULLISH candle on 1h timeframe ( Piercing Line Pattern & Possible Bullish Hammer ) - MACD crossover Entry : 11.44453 (roughly) Stop Loss: 11.39150 TP1:...

robertofiorentino9

Reasons I took this trade: - Clear Rejection/Bounce of the upper trendline. - Double top on Daily chart / Strong resistance. - Tight stop loss / Good R:R (Risk:Reward Ratio) Entry : 1.13818 Stop Loss: 1.14280 TP1: 1.13535 TP2: 1.13000 Open to any critique :)