Following up with the entry we took during last weeks trading at 1.3095... for anyone who missed the trade, I believe if we get a retest of the 1.3095 area this would still be a valid entry with a relatively small 25 pip stop loss to protect yourself if price decides to continue falling to a new yearly low.
Targets at 1.324 and 1.33
Nice R:R On this trade idea...
If you haven't gotten into a position on $ZIL yet
now could potentially be a good time to do so.
1W volume influx is incredible.
Price has been ranging well in this Modified Schiff
Pitchfork and it seems likely it will continue doing so.
Short term resistance at ~314 sats has been touched
multiple times making it weaker and a mid term target
would be previous...
Quick idea - Using the fibonacci time zone tool and placing the first two points on the start of an upward wave and on the end of the low,
we can see how perfectly the other vertical lines have lined up with other future moves. The number 13 vertical line is fast approaching, which
may indicate the start of the next move. A great wait and see for a potential 8%+...
There is no one clear definition of price action. It can be as simple as "Every tick on any given chart, of any given market." However this definition is too broad and does not adequately describe the term. A better definition is "The collective result of buyers and sellers entering the market for any logical reason, which together create reoccurring patterns that...
Reason: RSI/MACD Divergence.
I've Opened LONG position EOSM19
average entry price as of now is 8175 with laddered BUY orders placed until, 8120 =(last BUY order)
SL: Below 8050
Cross Leverage Only 5% acct size
This is the first trade against the trend thats way is a risky one. In one hour we are looking for a close below $1320.00 for confirmation of the pull back and further downside. We could have another trade in 4H chart when the price close below $1320.00 and for Take profit the $1310.00 zone.
In case that the price couldnt close below the 1320.00 zone que move our...
Hi guys, just thinking about @DLavrov idea of Tesla trend in next days, and found a few differences in charts over longer time period, and some doubs regarding entry point.
What are your thougts, please share here, and lets see who will be most accurate!
Peace, and stay in green!
USDCAD 4H in a range
Williams %R Strategy 1 is a range trading strategy
Set %R period to 10 and levels to -0 and -100
Range Trade from -0 to -100
SL outside of range box
TP to opposite side of range box from entry side
This is my first share post. Using this as a swing trade analysis.
1. Stock broke the 50 day MA on May 7th, closing at $42.68
2. Stock Reached 20 RSI on May 20th, closing at $38.41 making a 1st Low of $38.18 with 20 RSI.
3. Stock made a 2nd new low on May 22nd of $37.87, closing at $38.05 with RSI reversing upwards to 30 RSI.
4. Market shows sign of reversal...
GBP/EUR is in an overall downtrend. Double top setup is in place. Price has retested neckline. Now price will probably consolidate considering that it is now hitting a key level. Ideal move: Price breaks key level and falls to the downside. I think the probability of price going to the upside is about 25% and price to the downside is about 75%.
Traders Dynamic Index Strategy Entry Rules
1- Red Line break above Yellow Line
2- Green Line break above Yellow Line
3- Neither Line break above Blue Line
4- Buy when Green Line close above Yellow Line
5- SL below SwgLow or 1,5xATR (min 10 pips)
6- TP when Red & Green cross below 70 level
descending wedge and lines of support and resistance suggest entries for sells and buys following negative trendline. Descending wedge suggests a longer term bullish trend so a break from 1255-1240 for the upside and highs forecasted by Goldman Sachs of 1450 line up with this...
Taking a shot on this swing to the upside with Tiger Woods getting a win. Hes the poster-boy for Nike Golf and he just caught himself a big win. For some reason I just see every "Middle Age'd Guy in America", waking up tomorrow morning and saying - "Hey you know what, that Nike looks like a good investment bois."
Will set limits as noted and update trade first...
BCH/BTC looks like its headed down to the bottom of the range before picking up speed again. In this one I decided to post the chart showing how I placed the gann fans. Feel free to try it out for yourself and please give me a follow if it helps you :)
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.