At the bottom of an ascending triangle. Also back down to the 50 SMA, which has been a key level of support for months. We still dont have a bullish confirmation on the Stoch, BB, MACD, and the RSI is not oversold, so wait for a bounce upwards to confirm reversal. Otherwise, this could be breaking down. From a FA perspective, UUUU is looking very strong. As the...
Price is in-between the 50 sma and 100 sma Price could retrace back up to the 50 sma There price can fall to the 100 sma or break above the 50 sma Long Trade - break above 50 sma Buy Stop 1.8575 Buy Take Profit 1.86985 Short Trade - fall to 100 sma Sell Limit 1.8512 Sell Stop 1.8380 Sell Take Profit 1.8324
A rejection of resistance and 50 SMA, a break higher could be traded, stop depends on the current swing though.
Price is in route toward the 50 sma Macd has fallen below red signal line Long Trade Buy Stop @ 1.8543 Take Profit @ 1.8595 Short Trade Macd is falling Sell Stop @ 1.8445 1st Take 1/2 Profit @ 1.8405 2nd Take 1/2 of balance Profit @ 1.8355 3rd Take Profit @ 1.8310 Re-enter trade short on a 15m break-hook-go of the 1st and 2nd take profit levels Find an appropriate SL
Price is above 50 sma Long Trade Buy when a candle closes above green resistance line and Macd is is above zero line Long TP @ 1.3170 Short Trade Price falls below 50 sma Sell Stop @ 1.3125 Short Take Profit 2 1.3055 Price should fall quickly If price stalls take profit at 30 to 50 pips Close trade if Macd goes above zero line Find your own SL
Price is below resistance level Price at 50 sma Price can bounce back up to retest range top Price has already gone to 100 sma, so price can fall past that level Short trade Sell Stop @ 111.05 Sell Take Profit @ 110.70 support level Stop Loss @ 111.70
Price has entered the inner range space between the 50 sma and the 100 sma price may raise back up to the 50 sma. There it can continue long and retest high @ 1.5353 Or bounce back below the 50 sma and continue to the 100 sma Short trade Sell Stop at 1.5210 Sell Take Profit at 1.5175 I will place SL above 50 sma I will cancel short trade if price goes above 50 sma
Price is between 50 sma & 100 sma which I call inside range Price has held under 50 sma so bias is short Long Trade Buy Stop @ 1.1665 1st Take Profit is 1.1690 2nd Take Profit is 1.1718 Short Trade Sell Stop @ 1.1614 1st Take profit @ 1.1580 2nd Take Profit @ 1.1538 I will find appropriate SL This is for education purpose not a trade call
NZDUSD 4H broke above 100 sma Price can continue bullish Long Trade Buy Stop .6700 Take Profit .6725 You determine SL Price can return below 100 sma again Short Trade Sell Stop .6660 Take profit .6610 You determine SL
Price may push higher making higher highs and higher lows showing a bullish trend pattern Long Trade Buy Stop 1.2955 Buy Take Profit 1.3091 You find SL Price may slip back below 100 sma Short Trade Sell Stop 1.2860 Sell Take profit 1.2780 You find SL
Price is below 50 sma Long trade Price breaks above 50 sma Buy Stop @ 1.5185 Buy Take Profit @ 1.5249 You determine SL Short trade Bearish continuation Sell Stop @ 1.5125 Sell Take Profit @ 1.5035 You determine SL
Price is deciding what to do Long trade Retest 50 sma Buy Stop @ 1.1605 Buy Take Profit @ 1.1630 You determine SL Short trade Sell Stop @ 1.1567 Sell Take Profit @ 1.1541 You determine SL
Price is in a double range box Long Trade Buy Stop @ 111.62 Buy Take Profit @ 112.00 You determine SL Short Trade Sell Stop @ 110.95 Sell Tke Profit @ 110.65 You determine SL
Price at 50 sma Watch Macd for direction Long Trade Break of 100 sma and trendline Find entry on smaller time frame You determine SL Take Profits at resistance levels Short Trade Price close below 50 sma Find entry on smaller time frame You determine SL Take Profits at support levels
Never fully recovered from the Facebook competition announcement back in early May, which caused a huge selloff. Earnings on 8/7 AMC, might consider covering before then. XLK will continue to consolidate in my opinion. We should have downward market momentum with us in the short run. TA: Moving Averages: Rejected by the 50 day moving average continuously...
I'm liking how this chart is looking for COINBASE:BTCUSD . Before we get into it, the 50 Day, the most important for today, is yellow, the 200 purple, and the 21 blue. Yesterday (8/1) we were watching to see if BTC would hold above the green zone of the pitchfork and confirm this potential new trend, and thus far that is exactly what we are doing. The wicks...
Price closed below 50 sma 1st Sell Stop @ 1.7695 2nd Sell Stop @ 1.7665 Take Profit @ 1.7620 SL as shown Macd at zero line Watch Macd drop for direction confirmation
Price is below 50 sma Price is falling to bottom of range Find an entry point on a 5m/15m chart from a pull back Take Profit at bottom of range Find a SL that fits your risk/reward Macd is falling and has wide space between lines