Take a little look on i would say jeff bezos :p
We see a downtrend formed by lower highs and lower lows. potential tp at a new lower low. Confirmation for me is the touch of the black trendline + a strong resistance (multiple times reversed). Leave your comments below!
Reasons: - MA200 touched - Bearish candle confirmation - Overbought - Overall bearish trend High R:R up to 1:5 for second target Risk 0.5% of capital per trade
Opening 2 buy orders on Verizon, the first with a 1:1 R:R, the second up to 1:4.5 Risking 0.5% of capital each SL under minimum of 52.40 Reasons: - Doji formation - GAP to close - Touching MA200 on daily chart
Opening 2 sell orders on Nucors, risking 0.5% of capital each, the first with 1:1 R:R, the second 1:2 with optional trail stop if everything goes well Reasons: - Doji formation - GAP to close - Overbought - Near SMA200, put SL over SMA200
Bear trend, daily doji, crossing slow stochastic, bollinger bands overbought, high R:R up to 1:2.5 Risk 1% of capital for a 2.5% return, good luck
Daily doji and slow stochastic cross. Opening 2 orders with 1% risk each. First order with 1:2 Risk:Reward ratio; the second till the main support for a massive 1:7 R:R Good luck
Point D matches the support and resistance levels.
Strong resistance and R:R 1:3 on daily timeframe. Good Luck
Gold going to sell zone now. You can sell trade but if break channel you can buy.
After a pullback over 3 years, now the AUDCAD is on an important resistance line, and those pin-bars over the D1 T/F is a good sign of reversal. there's no fundamentals ahead. so guys!
Yoyoyo, 123$ D1 target hit, this looks interesting. Highest volume of the entire year, capitulation ? (even higher then dec. bullrun) We hunted some stoploss/$$liquid.$$ below 123$ and had a major rejection to bring us back above 123$. 1 Hammer formed on nov 23, an inverse one is forming today ? (need confirmation at D1 close) Fib Retracement looks good...
Price finally reached a support area after several days of strong bearish dominance. We can expect a correction on the next days!
Price reached a strong resistance area, and after several days of strong bullish pushes, it finally gave us a first sign of exauthion with a bearish pinbar.. I think we will soon have a correction of this strong bullish movment.
Possible Buy setup before we go ahead into a longer sell trade.
Hello guys, small update after the break down. I was expecting a bigger move then that and higher volume. As long as 192-195 holds, I'm still leaning towards that fake breakout to get $$liquid.$$ before pushing higher. Oh and I'm not sure, but can this be considered as a weird triple bottom ? The second peak is weak and weird, I don't know, We'll see. If it...
Hello guys, so here's what I'm seeing for BITFINEX:ETHUSD . There's 2 possible outcome, either we go up or we go down ! (no shit Sherlock lol) I can't decide between a continuous bearish pennant like earlier in August or a symmetrical triangle which can mark an important trend reversal, which is the moment EVERYONE is waiting for. Volume is decreasing, this is...