Another breakout setup reaching its chart pattern price target. I posted about this trade setup here
I posed about this trade forming on August 9th link below. GH reached its ascending triangle price target.
I've posted twice about H&S forming. Nothing is certain in trading. Example of a failed breakdown. Always have a strategy around your exits and trade management. Identifying the chart pattern is the easy part, the hard part is managing your trades after you enter them.
Please Support this Idea with LIKE if it is Useful.... EURCHF The price bounced from support/resistance level,If price breaks the trendline then I expect the price to continue to grow.. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy.. Trade it with proper Sl.. In case price breaks below...
Please Support this Idea with LIKE if it is Useful.... EURUSD The price made a false breakout of the support and price is supported by a strong trendline support,after a pullback If price continue to hold the Support then I expect the price might continue to grow. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe...
Please Support this Idea with LIKE if it is Useful.... BTCUSD The price is above key support/resistance level ,after a pullback If price continue to hold the Support then there is a chance that price might continue to grow,wait for the price to make a pullback and if price gives bullish signal and look for buy opportunity.. For Entry: Wait for the...
Please Support this Idea with LIKE if it is Useful.... S&P500 The price rejected strong from the demad zone and is above support/resistance level ,after a pullback If price starts to grow from the Fib levels then I expect the price to continue to grow. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 1hr timeframe for...
QSR been consolidating its gains after its run up from covid19 bottom. Stock is forming 3+ months ascending triangle and seems ready to begin its next move. Symmetrical triangles (unlike Ascending and Descending triangles) could end up becoming a trend reversal or continuation patterns depending on the direction they breakout into. the 200 MA is smack in the...
Hello guys! There is a possible H&S pattern on 15M chart of NDX. Wait for the breakout of the neckline for confirmation.
A daily close below $4.90 will complete the chart pattern and set the stage to a possible next leg lower.
I been waiting for the Snowflake IPO and JFrog IPO for a while. Weeks ago, when hearing about how much the proposed price for Snowflake could be, I already became bearish. The same happened with JFrog. Then they increased, and seemingly increased even more in price. Those who invested super early into the IPO on the trading floor or accredited investors who even...
Right now looking at the AUDNZD and GBPNZD pairs, I am actually bullish for an entry. I think that the AUDNZD pair is at a dip, and continued support levels could be picked up for the GBPNZD pairs. The sentiment also seems positive. That being said, do your own due diligence and invest at your own risk. Keep in mind, everything I say is on an opinion based basis...
Please Support this Idea with LIKE if it is Useful.... USDJPY The price is at the support and a strong fib level(61.8),If price holds above the support then I expect the price to start to grow.. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 4hr timeframe for confirmation to Buy.. Trade it with proper Sl.. In case price breaks...
Please Support this Idea with LIKE if it is Useful.... AUDUSD The price is close to Support/resistance level,if price breaks the support after a pullback If price shows rejection from the level I expect the price to continue lower,wait for the price to make a pullback if price gives any bearish signal then look for sell opportunity... For Entry: Wait for...
Please Support this Idea with LIKE if it is Useful.... XAUUSD The price is supportedby an uptrend trendline,If price continue to hold above the trendline Support then I expect the price to continue to grow. For Entry: Wait for the formation of Bullish Candlestick Pattern to close on 2hr timeframe for confirmation to Buy.. Trade it with proper Sl.. In case...
Please Support this Idea with LIKE if it is Useful.... EURNZD The price is below Support/resistance level, after a pullback If price shows rejection from the level I expect the price to continue lower,wait for the price to make a pullback if price gives any bearish signal then look for sell opportunity... For Entry: Wait for the formation of Bearish...
Currently, I still think the USDCNH have been oversold. This is why I think a possible retracement can happen given the large dip. The GBPCAD and AUDCHF for the very short time being, still has some continued support levels to pickup. That being said, consider everything I say on an opinion based basis. Invest at your own risk and do your own due diligence.
Currently, I am seriously considering an entry in SAIIU. Given recent predictions I have had with blank checks and/or acquisitions, I am actually confident with this one. I think CuriousityStream is an interesting startup, and the second tech company will also be quite interesting. Subscription and software as a service space is in high demand right now. Looking...