XAUDUSD BULLISH ABC APPROACHING 1ST TARGET 1850.000 after the abc bullish pattern formation with entry at 1780.875
the 1st position will be profit leaven the remains one for the second target
top loss will be moved to 1812.704 a 50% above the entry level
ROSE is currently testing its 100-day EMA and ~0.455 level. It has also been trading within an ascending channel since December 2021 where it gained ~192%. Naturally, since its ATH it has faced a pullback to its 50% fib level.
ROSE must now decide whether to fall further toward the 38.2 level, which is a common occurrence when BTC is weak, or it can gain...
AI scanner chose FIDA because:
It ended its downtrend with a spectacular breakout.
Price is stable above the falling wedge.
Pattern target is +100% (spot) or +1000% (x10).
We invested ETH 1000 into this altcoin.
Analysts, other whales instantly jumped on the wagon.
DYO, but don't blame us if you miss the train!
A lot of tech charts look similar.
- big zone of support -resistance here as you can see on the chart
- Demark sequential 9 weekly
Again, we're going against the trend but I like the risk vs reward for a long swing trade here, cuz I can have my stop loss not too far.
As we said last month, the long-term trend in gold is declining for us. Given that we have a lot of news about interest rate changes this year, we expect a lot of fluctuations for gold. Our best modeling for gold.
The price reached the previous highs. It created a double top and crossed the uptrend line. Also RSI reacted to the overbought and started to 'look' downwards.
Great potential here for positions that will stay open for a few days or maybe couple of week in order to be profitable.
Trade number: 001
Setup picture: S001
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SXP looks really interesting here, and if you're a gambler, this might be a bet worth taking. The bearish case is that we have a large Descending Triangle. The bullish case is that we have Extreme seller exhaustion and may soon be printing bullish divergence. It's important to point out that while normally I would look at seller exhaustion as being a good...
We've been hugging the lower end of the Bollinger Bands since the November peak, without much chopping between. The bands continue narrowing, and moving sideways. If you believe in the power of the bands, you might note just how wide the risk : reward spread has gotten across the market. Massive gainer potential here folks! It might be choppy though, be careful!
- Just broke out of lower BB band
- Sitting on the lower trend line
- RSI oversold on 1D
We could see a bounce right now on the lower trend line, it is possible if a turn around happens that we could see 80k this time around and with a stop loss not far below the entry right on this trendline just below the accumulation zone our risk reward ratio for this trade...
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UPDATE: The price went sideways for a while before the big pump in Nov. Making a whopping 725+% after the bullish "Supertrend Ninja" signal in Nov 2021. That's a life changing trade for many people.
Currently the price seems to be in a range as well. Using Fibs there is potential gains of 280% around 1.62 USDT....