BSY BULLISH POTENTIALMarket just finished complete Elliot wave 1-5 with an ABC correction, we are back at the buy zone, which market created with an institutional candle back when in it's beginning.
Aroon: Orange line crossed the blue one in the daily time frame which already shows that we are heading bullish direction.
MACD: Shows gain in the Bullish momentum we need to wait for it to cross upwards with a signal line on a daily timeframe.
Bollinger bands: We already bounced from the bottom Bollinger band which indicates we are heading bullish.
We should retrace all the way back to 50% fib zone, but we have a strong resistance just below it, taking that resistance as our target is a lot safer.
Entry 37
Invalidation 30.59
Target 50.21
Ratio 1:4
Long-setup
FB BLOCKS RUSSIA OPPORTUNITY FOR LONGFB Blocking Russia dropped down FB stock down because of customer loss since the ban of It fully finished main Elliot wave (1-5) and reached complete Elliot wave fib zone of 50% and strong monthly support, it bounced off of it on a daily chart and now we are looking for a retracement to at least 50% fib zone of a downwards movement which is at 260 zone, our stop loss should be just below monthly support because if it breaks it, FB will break out of the monthly uptrend stop loss zone 171, entry price: 203. Also regarding fundamental analysis after banning Russia, people that are supporting Ukraine will support FB decision and it should increase the possibility of price rising.
AQUA COMPLETING ELLIOT WAVE LONG SETUPAQUA is retracing to a strong uptrend, which will be the final bounce of the bottom of a trend (42 zone) which is also 50 fib zone that's where our entry should be to finish Elliot wave pattern which should end at (55.24) zone which is our target considering how uptrend went so far. after the completion of Elliot (1-5) wave possibility is that it will break the uptrend down wards and we will need to wait for ABC correction before getting into a buy again.
USDCAD buy trades!!Looking for a boost out of this supportive retracement level for a further continuation back up to take out 1.27800 and further. We have created a little zone on the 1hr and the best buys ill be looking for are from the bottom of this zone (1.26600) otherwise ill wait for a push out of this zone and retest for a further move up.
AUDJPY(1D) - KILLZONE AHEADIt's a killzone. It doesn't mean you're going to make tons of money.
In fact you have a better chance of losing money.
Unfortunately - I tend to talk more about losses, cuz it's the most important thing in trading to control. Sorry!
Assess your ATR, on this time frame. Know your acceptable loss. Control the loss if shorting in the killzone.
Prepare to lose! All traders need to do that!
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
What's up with Deutsch Bank ($DB)I drew this setup about 10 weeks ago and since everything worked as planned so far I decided to share it.
DB is in a symmetrical triangle (weekly/daily chart) or maybe even in a falling wedge. The previous trend was bullish, nice HH (higher highs) and LLs (lower lows), what gives rise to the idea, that there could be a bullish breakout. The BO is confirmed, if this weeks candle closes outside the formation. Most likely this weeks candle will have a small to medium upper wick, since it is approaching a certain type of resistance, called a Order Block (OB). OBs are similar to support and resistance areas. After hitting this OB we will most likely see a retracement in price back to the purple area (area of interest/ buy area), where I will enter my first long position. My S/L is beneath the grey resistance zone. My TP is at the end of the black arrow, I choose to exit there because there is a major resistance and it is a very relevant area.
To me this sounds like a tempting well thought through trading idea.
But remember: use proper risk management and be responsible.
As always: no financial advice
LINA technical analysishello everyone, hop you doing well.
I think lina is going to back up, as you can see we are in a channel. we had a pin bar yesterday, my suggestion is to wait for todays close, if it was an strong bull candle you can enter the trade with stop loss below the pin bar.
this is not a financial advice, trade on your own risk.
good luck.
UNH - STOCKS - 18. OCT. 2021Welcome to our Weekly V2-Trade Setup ( UNH ) !
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4 HOUR
UnitedHealth Group about to push higher.
DAILY
Great technical setup..
WEEKLY
Looking for more upside price action!
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STOCK SETUP
BUY UNH
ENTRY LEVEL @ 426.17
SL @ 397.84
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
NVDA - STOCKS - 18. OCT. 2021Welcome to our Weekly V2-Trade Setup ( NVDA ) !
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4 HOUR
Very bullish market structure..
DAILY
Expecting more bullish pa.
WEEKLY
Nvidia doing great overall!
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STOCK SETUP
BUY NVDA
ENTRY LEVEL @ 221.01
SL @ 204.83
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AMZN - STOCKS - 18. OCT. 2021Welcome to our Weekly V2-Trade Setup ( AMZN ) !
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4 HOUR
Market turning, good long setup!
DAILY
Looking for more bullish pa within the next few weeks.
WEEKLY
Great market structure!
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STOCK SETUP
BUY AMZN
ENTRY LEVEL @ 3412.83
SL @ 3235.02
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GOOG - STOCKS - 18. OCT. 2021Welcome to our Weekly V2-Trade Setup ( GOOG ) !
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4 HOUR
Great technical structure..
DAILY
Expecting more bullish price action.
WEEKLY
Market still underpriced!
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STOCK SETUP
BUY GOOG
ENTRY LEVEL @ 2840.56
SL @ 2724.25
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Btc is going to upHi
I think BTC is going up soon
The chart is going to make you understand and we have fallen wedge and strong support the down trend is going slow and slower
Btc worst price can be 53500 and I think 55500 it's that support that I look for support the price to up
Also the last weekly candles has a big shadow that means the currency of BTC don't believe to lower price
If that weekly candle ends to even better hammer candle the morning star puzzle is going to complete
EURGBP H4 - Long SetupEURGBP H4
Another GBP pair we are following, but we are a little distance from our entry point, huge rallies for this pair last week as EUR gains and GBP dipped due to economic circumstances and data point releases.
0.85 is a huge psychological number which we can look to play from that's played out nicely during recent trade.
ABBV - STOCKS - 11. OCT. 2021Welcome to our Weekly V2-Trade Setup ( ABBV ) !
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4 HOUR
Slowly rising market structure.
DAILY
Expecting a pushback to previous wave highs at least..
WEEKLY
Great long entries!
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STOCK SETUP
BUY ABBV
ENTRY LEVEL @ 111.19
SL @ 107.66
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
C98 RSI Bullish DivergenceC98 has been in a downward trajectory lately. The bear's momentum has been diminishing as price goes down and this calls for a trend change.
The RSI is forming higher lows while price forms lower lows. This is a clear Bullish Divergence which signify trend reversal at some point in time.
C98 is currently at demand area. If the demand area is broken and a 4HR candle closes below, we may head lower before potentially going bullish towards ATH. This gives us enough room to buy at lower price levels.
This is a 1:7 Risk/Reward trade.
Goodluck guys!!!