The market has been moving in a very nice way in the long run particularly in the rising wedge pattern. It made a new high recently and there is a high probability that it will travel down for some time now, my personal taste says 76.5 at least. A chance to take short ASAP as soon as the market opens because a resistance has been formed and this is a nice entry...
If the price falls back to around the $298 area, it should bounce back to around $330, which was a previous larger scale Support/Resistance. The $298 (green line) was obtained from a shorter time scale (15 minutes). Also based on what happened in the past (look at the bounces of the green line a few days ago), this is an opportunity to make a short-term profit....
If $NIO breaks out of the descending triangle here it has a big possibility of turning Bullish.
As you can see the market is ranging in a small zone for sometime and it just met with the supply zone, which means that it will have highest chances to move to the demand zone now. It has started fhe move and it maybe taken as a late entry but there is a chance. Apply strict risk management, no more than 0.5% on the trade.
This is a high-risk setup, proceed with caution. A conservative trader would wait for a retest before placing a buy order but in order to buy we wait for a dip - that is what we are doing, travelling the dip. It may dip or continue up without a dip, but it's a good chance it will. The price is respecting the supply line multiple times earlier, not much juice...
USDSEK Long You can set a longer stop loss. I would love to hear your feedback do you think the trade will complete in profit or will the stop loss get hit!? This is not financial advise, trade at own risk.
A basic chart displaying as many indicators as possible using a free account, focus on day trading signals using Parabolic SAR , mutliple EMA , and a Directional Movement Indicator. No price predictions just a clean 1 hour candle chart.
EURUSD currently on ranging or sideways. Waiting at the best Zone to entry SELL for a better risk to rewards ratio. Wait for confirmation such as Bearish Engulfing or others. If entry SELL now, you are more to gamble not trading. I am a day trader as such i react to the market movement. Lets share knowledge with others. Follow, Like and Share. . . . #EURUSD #Daytrader
EURJPY currently on Uptrend base on Higher TF However the price failed to create new Higher High. Entry SELL position with good risk to reward ratio. Reason of selling as mentioned. I am a Day Trader and I react to market movement. Lets spread the knowledge. Like and share. . . . #EURJPY #Daytrader
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EURAUD currently on uptrend base on higher TF. However as a day trader, I react to the market movement. Reason on bearish as mentioned. . . . #daytrader #EURAUD
Hello.😃 I am looking to gain support here at current point after we have possibly bounced off of our blue trend line once again. Alternative is that we fall down most likely to the red line on chart (IMO.) This is a short technical approach analysis thank you. BTC dominance in the market is sitting at 41% today, this is very low. This means that money is moving...
Hello, I am rooting for the bulls. Maybe wishful thinking trade safe. Nice bear path included here as well!
USD/JPY went up a little bit to get liquidity and wasn't able to push trough the resistance level at 109.403. I expect to see USD/JPY fall to the .618 level that lies near the trend line. Note: I am still a rookie and still trading demo. I share my ideas to get feedback from others who have been trading professionally. Don't take my analysis as financial advise!
Over the last few days I’ve been watching Algorand. Of the alt-coins out there, this is definitely one of the most promising projects you should be watching. Pure Proof of Stake rewards is a great factor to buy and hold - especially if you are utilizing the Coinbase app where a poor entry can still be profitable if you hold for an extended amount of time. More...
🌟⭐🌟 Depicted above 💹, we have MATIC on a 4 hour chart, MA cross gap is pretty big at the moment which is a bullish sign🐮, we also see our possible shooting star candles 😁⭐ Keep in mind it is possible we do a nice little correction ↘🤏🐻, before more blast-off.😄😅🏁🚀 FUNDAMENTAL OVERVIEW : 🧐💭📝⏬⏬ Polygon(Matic) is a very successful 2-layer scalability engine,...
Based technical data, I foresee Cardano having a short term pump to $1.85. This is an easy 7% gain. As always, happy investing!