STOCK TAKING SUPPORT ON RISING TREND LINE MAKING HIGHER LOW WITH HAMMER CANDLESTICK PATTERN ON DAILY AND WEEKLY CHART DIVIDEND ANNOUNCEMENT DATE IS 24TH MARCH RSI 43
Entry and SL available on chart Risk Reward ratio is1:47
educational purpose only!
I am cautiously optimistic that the the correction that started since mid July could be finally over and we could begin to see more ups rather than downs going into the final 2 months of this year.
SPX did come very close to its H&S target while NQ was 4% shy of its H&S "target" (close enough though!) before we had a bullish reversal this week.
One could still...
As we can see after a 4-month breakout with a bullish candlestick pattern
RSI 64.26 towards an upward direction
HV 26
let's retrace as per shown on the chart whereas, on 15 min chart, you'll see a shooting star and an evening star which indicates slide retracement
so plan accordingly.
enty and exit levels
2080
sl 2020 to 2000 (2.80%)
taget 2230 (8%)
RR...
My Trading Plan #Long #GBPUSD
Disclaimer: Trading is risky and trade on your own risk.
My Trading Plan;
Long GU: 1.23500
Stop loss: 1.23390
Target: 1.23986 (48 Pips)
Assalamualikum friend AAVEUSDT market is moving side way and market not break resistance.
But over all crypto market is bullish so it will be break their resistance.
reason behind this trade is some bullish candle stick and also in a support area it's time i hope.
I am taking a long position in USDCHF due to it recently forming a rising wedge pattern now the market is sideways and it nearly retests its support level
By taking a 1:1 risk and reward I have opened a long position as well as it is forming three white soldiers which means bulls are more active than bears
So let's see what happens next
Although MSFT is still trading below it's 200 day MA, the bullish candle that is forming on it's monthly chart is now screaming "buy".
To keep risk manageable, long with an initial stop loss slightly below 234 (confluence of it's 20day moving average and also the 38.2% fib retracement level of its' recent AB upswing).
If and when the trade goes out way, trail...
I am taking a long position in LINKUSDT because at a higher low it creates a bullish hammer after red candles as well as it tests its 0.236 fib level
Let's see what happens next
SOL/USDT is in a buying zone as we can see in the graphic the price has reached an important support zone defined by the blue and yellow line being the last one an important tendency line we can also observe that the price in that zone has been maintained and the volume is confirming a bullish pattern adding to this the RSI and MACD is showing a clear divergence...
Just an easy look. 2 Trend lines. a Bullish candle on bottom of upward trend. Buy high, Sell Higher.
**Please analyse the chart by yourself and do not trade with my analyse.**
