Yes, 48 R:R sounds crazy. How about a 54 R:R? even crazier. Watch this video to understand how this is super possible over and over again in the markets. Happy Trading :) - TraderDaddyOG
1) short-term target 2) target and stop loss mentioned in chart 3) no recommendation fir buy and sell 4) All-time high 5) how where marjet mood stock can move 6) be careful.
I'm expecting price to 'crash' a 100% (till 40K) before the real breakout plays out. DONT GET FOOLED BY THE HYPE IF PRICE HAS REACHED 80K! BINANCE:BTCUSD INDEX:BTCUSD BINANCE:BTCUSDT BYBIT:BTCUSDT
When I put out a video of this last week, the main reasoning was our sell-side tapering and clear liquidity building within our tapered orange selling channel. We are now well on our way toward a HTF breakout and have a fully bullish outlook. Happy for all who joined me on this move! Happy Trading :) - TraderDaddyOG
We've been eyeing this breakout since we started to prove sell-side tapering from our strong selling algo to our more tapered teal. Since then, we've seen healthy movement and if we're looking back to a year ago, we can see a similar pattern that formed prior to a larger breakout. So here I am going to allow us to come back and retest white if that's what price...
Many analysts have spotted the cup and handle pattern made by Gold ( OANDA:XAUUSD ). However, the handle pattern looks as if it's morphed into an inverse head and shoulders pattern. If correct then bulls will have to wait well over a year for a breakout. Let's see.
NITIRAJ is nearing its 52 week high with a dry up in volume on a daily time frame with a consolidation from the past 2 months The company has a minimum 400% increase in EPS QoQ growth for the last 3 quarters. Good for swing traders. Can expect an upward momentum of a min of 25%. Entry - INR 180(Trade Initiated) SL - (MA 50) - 5% TSL - According to your risk...
I put out analysis on this trade on Friday and am still a believer in this stock longer term! Good signs on Friday off of a yellow pickup and looking to retest that more tapered blue selling algorithm before a continued activation by yellow and breakout toward the top of this daily IH&S. Stay tuned, Happy Monday, and... Happy Trading :) - TraderDaddyOG
#SALZERELEC SALZERELEC Good for Holding around 6 TO 9 Months ..... Current Price at 848.05......... Keep SL at 802. .... (On Closing Basis ... Means ... Daily Candle closed Below 802 )….. After Close Crossing 913 …. Trail SL to 913 Targets are Shown on Chart in Greens . Patent It has received a patent for ‘Integral Cam Operated Rotary Switches’ for a...
Early Entry: After the breakdown of a Rounding Pattern formed since Sept 21, It has shown renewed interest at the bottom of a channel both on the weekly with a hammer candle and a strong bullish bottom shaved engulfing on the daily! Entry above daily close of 2375. Morning Star at the bottom... Safe Traders wait till Price closes above 200EMA or the Golden Crossover....
I caught the breakout of this HTF selling channel and sold at the top. We are now retesting the orange selling channel with support from our strong buying teal channel and below it, yellow. With banks announcing earnings in a little over a week, this could see us at $100 really quickly Happy Trading :) - TraderDaddyOG
While everybody is asking why the sell off yesterday and now switching to bear mode, this one is doing its thing. I think the market has punished enough this stock in short term, and investors are buying. The strategy here is buy some now, if it drops to the base of the large triangle buy more (around 145), if on the other hand breaks up the falling wedge buy...
I initiated a trade @ 185, as this appears to be the breakout of resistance. I have a short term target of 213 and longer of 230
With signs of tapering kicking in a month ago and our strong buying channels awaiting activation, we've been preparing for this breakout and finally got our entry last week! There's plenty more room for this to go although we can see some immediate signs of resistance here at our tapered teal. Look for yellow strong buying continuation to continue to activate and...
Next Stop: 247.50 When we see ourselves breakout out and retesting a strong selling algorithm like magenta here, we are almost guaranteed to come and retest the top of our tapered selling algorithm (teal here). Look for yellow strong buying to continue to activate and hold price for the move to retest teal. A future breakout of teal will then allow us to retest...
Reasons for bullish bias: - Entry is at breakout of HH - DOW theory, SL at last HL - Divergence is there, but entry is at breakout so let's see Entry Level(Buy stop): 158.62 Stop Loss Level: 134.44
UNI has been trading in a clear uptrend on the 4h timeframe. The price has been respecting the ascending trendline and making higher lows. However, the price is now approaching a strong resistance level at $13. The ascending trendline: The ascending trendline is a bullish pattern that is characterized by two converging trendlines, one connecting lower highs and...