EURUSD and buy area Detail in chart.. RR 1:4 (TP1) RR 1:8 (TP2) Disc. On
Base on the chart, price reached a major resistance area and a strong rejection have happened on 3rd of June and now the market reattempt to get its previous price but it failed which can be good sign of weakness on buyers at this area and on the other side, it can show the strength of sellers at this area. So based on this scenario I prefer to be seller at this...
Based on the chart, we can found a very good market range since about 26 days ago! So we should have a good strong support and resistance which took price among them. An now price is on the support zone and remember before this ranging market, we had a good uptrend movement! So I opened a buy position at this support area and will hold it until it reaches to the...
Between 5th and 31st March we saw that the Gold Market was in a downtrend but also indications that a reversal would take place due to a Double Bottom candlestick formation. Reason For Trade Entry- Market Pullback followed by Engulfing Candle, anticipating that price will continue to rise. SL is @Breakeven and TP1,TP2 and TP3 targets have been hit!!
Is getting in a nice support. Risk and reward is really good. I would keep an eye on this bad boy. Don’t forget to follow me for more ideas
Hello, Traders! The interest in altcoins begins to fall gradually. Traders are progressively fixing their positions in altcoins in favour of BTC, so Bitcoin's dominance begins to increase incrementally. In such a situation, it is possible to look for ETH purchases on a deep correction, after the stops of aggressive buyers are collected. It's best to wait for...
I was on WSB reddit and i saw something like " BB is next " Mybe i'am wrong but look at volume " damnnnnn " Target on forum is 75$ ( 400% )
It is looking like it’s going to get support at 1840. The dojo that is formed and breakout of pattern isn’t looking to great. We might see extra support on 50 moving average
It’s getting a great support previous resistance. We might see this bad boy getting at previous resistance 2.50-3$. The risk and reward is also great. Eth it has been dealing with a lot demand as well
As another request, I’ll analyze MTNB today! This time for @D0981237654! The stock has low liquidity, so, the intraday chart is hard to read. But we have some good signs in the daily chart. We have an inverted head and shoulders + an advanced breakout on the RSI. In the weekly chart we are above an interesting support level. If I had to do anything here, I...
Based on the chart, a resistance area is broken and after a while price dropped on this zone which acts as support right now, and a good rejection is about to happening. So this rejection can be a good sign of the strength of buyers and on the other side, the weakness of sellers at this area. So based on this scenario I opened a buy position with a low amount of...
IGC started yesterday pretty good, I expect a pullback followed by an bullrun until earnings. Risk/Reward looks good - Stop Loss at 1.44$.
Risk refers to the probability of a negative event happening in your activities; an event that goes contrary to your intended outcome. Risk is part and parcel of the cryptocurrency trade. It is the chance of an undesired outcome on the trade, which translates to making losses. For instance, a 50% risk on a short position simply means that there is a 50%...
PLTR is doing good movements today! And here it is the strategy I’ll use on it: If it breaks the red line, it’ll likely hit the 23.34. Then I’ll just wait for a good reversal candlestick / chart pattern around. If it doesn’t hit there, then I’ll trade better stuff, with better risk-reward. The 4h chart makes me nervous. Yes, there’s the glimpse of a pennant...
Based on the chart, a resistance area is broke and a pull back has completed. Something that is obvious on the chart, is about the bulls pressure at this zone and on the other hand a weakness on sellers is considerable. So based on the this scenario we can conclude that it can be a good (and some how safe) supply area. Therefore I opened a buy position with a low...
I saw a lot of traders they bet for a bull run, without checking his/her risk/reward ratio. Many unexperienced traders are beting for new ATH at a stock, which shows sometimes a really small risk/reward ratio like 3:1. So they risking 3 times of your investment as they could probably win. That´s why I wanted to write this small explanation about risk/reward...
I'm patiently waiting for price to hit my key support level then I would go long you can also wait for extra candlestick patterns or a bullish momentum 3/1 risk ratio this is my analysis take this at your own risk
Based on the chart, a big falling movement have finished(maybe at least for a while) and now the chart shows a good supply zone to us which restricted the price go down more than this. The weakness on sellers and increasing the buy demands, leads me to be buyer at this area with a good risk reward ratio (1:2 for the first take profit area and 1:5 for the...