Roku Test with Destiny A 2 year Support trendline A Buy?Hi Guys. So i am always on the lookout for Macro trend setups, signs and opportunities. I believe ROKU is potentially in a position to take a nice swing.
This analysis is on 1 day.
Notice we have reached a Sloping Support trendline from December 2022.
We've had 2 touches previous that resulted in bounces.
Trendline theory states trendlines can stay intact for atleast 3 touch points.
Owing to the idea that our recent touch point is a solid area to take positions. Has a decent probability of a bounce.
On top of that we have the Blue horizontal trendline, which acts as an added layer of Support.
Incase the black trendline does not hold, this would be next lvl.
Stop loss/limit should be placed below trendlines based on risk tolerance. Small positions can have a larger % loss, vise versa.
Now to Support my theory of this buying a solid area to take positions.
I have 3 indicators.
RSI which is in Oversold conditions after 3+ months.
On top of that the momentum indicators MACD and STOCH. Are also oversold.
MACD is signaling a waning bearish momentum. As seen by the light red histobar prints.
We are looking for and eventually should see Green bars and a bullish cross. Which can bring in necessary demand we need for bounce.
Also STOCH RSI is below the 20 lvl, but crossing Bullish as we speak.
This must continue and a bullish cross ABOVE 20 lvl, will also bring in demand and help with bounce.
If we see bullish changes in the momentum indicaotrs, i believe there would be a even higher probability of prices bouncing.
So pay attention, be diligent and manage risk accordingly.
__________________________________________________________________________________
Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on ROKU in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
Rsioversold
USD/JPY ⬆️ Long Trade Setup ⬆️Hello Everyone 🙋🏽♂️
Triangle pattern + RSI Signal
💲 Entry Point : 143.571
🟢 TP 151.922 🔴 SL 139.473
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Paramount (PARA) Flirting with Historical Support, Time to Buy?Hi Guys. As usual always on the lookout for Macro trend setups, signs and opportunities. PARA seems to be in a position of low risk trade setup.
We have made it to a Historical Support level, where interactions here normally leads to bounces upward.
Please note however that previous history does not mean it is 100% probable that it will repeat.
HOwever, being in a downtrend for some time now. It is likely that there maybe DEMAND in this area. Its important to watch for signs of confirmation of Support.
This weeks candle may show signs. It is a Hammer candle printing at the bottom of a downtrend since January. Lower wick indicates buy pressure or demand.
Notice ABOVE we have a resistance trendline. Note if we bounce from here, that will be our area to watch. This resistance trendline has been dragging us down since April 2022.
We could also be attempting to form a double bottom.
Recently there is also an uptick in VOLUME, which can indicate support of the demand currently seen at this support lvl.
Ive added 2 indicators.
MACD shows that we have not reached ABOVE the 0 lvl in quite sometime. Hinting to the idea that eventually we will.
Notice also the presence of Bullish Divergence with MACD and price action.
Watch for the change in color of the histobars to light red. This will suppport the idea of waning bearish momentum. The presence of a bullish cross is also vital to watch for.
Now notice RSI. Our current RSI as indicated by orange circle, shows flattening of the RSI. This shows buying is stalling the sell off.
However, notice the rectangles highlighting previous flattening of RSI. There is a possibility of RSI continuing downward. An important sign for the RSI in my opinion would be if RSI can move above the resistance trendline. This thinking ahead, can coincide with breaking the Major resistance in price action.
Regardless of what happens, right now we are in a critical area and pushes for observation.
__________________________________________________________________________________
Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on PARA in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
SMH breaks above its updward, reversal likelySMH has gone on a wonderful tear the last year and has recently showing signs that it is way overbought and due for a correction.
From a 1W period we see that SMH has broken above year long upward trend.
This is a first for SMH to do over the last year
The ETF has gone through some notable contractions like from Aug - Oct of 2023. This occured without breaking above the trend.
RSI 20 is now also for the first time showing that it has reached above 70 in over a year.
We should expect a decent contraction or elongated pull back in time to correct fore this over purchasing it went through.
Tighten your stop losses to protect against downside risk.
Tilray approaching a swing trade and/or shorting opportunityNASDAQ:TLRY is approaching a resistance range and is at the top of a W pattern. It's rsi is also overbought above the 70 level. Volume is also trending upwards and has reached the level where the previous volume high (and price trend reversal) was.
The trading opportunity is around the 3 scenarios shown in the chart, with, due to the technical indicators mentioned above, scenario 2 and then 3 being the most likely.
Trading approach would be to wait until after the quarterly earnings are released and see if:
Scenario 1
The price breaks above the resitance range, apply a 3 day filter to ensure it's not a fakeout, and swing trade upwards to approx. $3.
Scenario 2
A more likely scenario, the price starts to decline and enter then enter into a short with a take profit at $1.60. Exact entry point for the trade might be difficult to determine, especially as the previous moves in price have been so explosive that there may not be an optimum tim eto enter, thus shorting would be a higher risk trade.
Scenario 3
Wait until the price reaches the support level since November 2023 (approx. $1.6) and enter a swing trade back up to the resistance range with an exit at approx. $2.5. To reduce risk, enter the swing with a combination of the RSI being at 30 and/or a 3 day filter to reduce the risk of the price breaking down from $1.6 to a new low.
Scenario 3.5
Same as scenario 3 but with the support level being around the DMAs and price range where the price movement faced some resistance on it's way up during mid-March 2024. A more likely scenario, the price starts to decline and enter then enter into a short with a take profit at $1.60. Exact entry point for the trade might be difficult to determine, especially as the previous moves in price have been so explosive that there may not be an optimum time to enter, thus shorting would be a higher risk trade.
NOTE:
Those with a risk appetite large enough may use the technical indicators mentioned in the first paragraph as enough of a comfirmation to enter a risky short trade:
Entry point: Now ($2.45)
Stop Loss: $2.70
Take Profit: $1.60
Risk:Reward ratio: 1:3
SMR approaching DCA opprtunityNYSE:SMR is approaching a potential entry point for the start of a DCA strategy for a long term hold.
SUMMARY
Wait to see where the price moves. Using a combination of RSI reaching 30 and the price falling to (with a 3 day filter) around $4 or if the price continues to fall then around $2 (another 3 day filter at this level too), begin entry with a DCA strategy. Alternatively, if the price rises above $6, after a 3 day filter, begin DCA. If the price starts forming a flag between $5 and $5.80, enter once RSI has reached 30 (for those with a higher risk appetite can just use the RSI as an indicator) or await a range breakout/down to either enter at the $4 or $2 or $6 level as described above with or without a three day filter.
The price was seeing exponential growth in the leadup to the latest quarterly earnings report and popped a few days after. However, the price has subsequently fallen back down and now seems to be forming a pattern.
It is unknown really what caused the price to jump. And there has not been any significant insider trading on the day (or lead up to the day) where the price recently peaked.
The company itself has a healthy balance sheet and debt/equity ratio. It is still in the growth phase as they build somewhat emerging tech (nuclear power is established but their approach to providing customers modular smaller power stations is unique) and a large part of their customer base is still a maturing market (power hungry data centres wanting their own onsite nuclear power source, particularly those now being setup for providing AI). The company's income statement reflects this as net income over the recent years remains negative and is also not showing an upwards trajectory.
With this in mind this would be a stock for a long term hold with a DCA investment strategy until, whichever comes first, either a total dollar figure invested is reached or the company becomes long term profitable (i.e. exits the growth phase).
With the recent price fluctuations it is crucial to not enter too early as due to the immature nature of the industry and company, the price also has a high likelihood of remaining at a low level for quite some time. However, a DCA entry opportunity is also forming based on one of the 3 of the more likely price trend scenarios described in the chart. Details on these are as follows.
Scenarios 1 and 2:
Wait to see which way the price begins to move and see if it falls to one of the two support levels identified, make use of the RSI to identify the optimum entry point. If the price falls to $4, add in a 3 day filter to see if the price doesn't fall further and likewise add in a 3 day filter if the price continues to fall from $4 to $2. If the RSI has reached 30, and the 3 day filter has shown that $4 or $2 were a support level begin DCA. If the price continues to fall below 2, halt the DCA to see where the price becomes stable and then restart once the RSI starts trending upwards again.
Scenario 3:
If the price begins ranging between $5.30 and $5.80, depending on risk appetite, begin DCA once the RSI reaches 30 or starts trending upwards. If the price breaks out above $6, then add in a 3 day filter to ensure the breakout wasn't a false dawn, and start the DCA investment independent of where the RSI is.
TSLA: Is it Oversold?TSLA shares have lost their most important support level, around $230, and we are getting close to our next support, around $206, and such a move was detailed in our last public analysis, the link to which is below this post, as always.
As we can see, TSLA shares have consistently failed to react around their support levels, showing great weakness, and so far, we don't see any reaction that would justify a recovery, or that could trigger a bullish move.
The RSI is at low levels, below the 30% line, while it lost the 50 and the 200-period moving averages – however, there is no Death Cross yet. What’s more, TSLA has been dropping, losing all of its support levels, without any sign of struggle. A typical crash.
It's a fact that the stock is well discounted, in oversold territory. Whether this is a reason for a bullish reaction is anyone's guess. The next big catalyst will be next week's results release. S ince we're approaching a critical support zone, and with the sell-off theoretically exhausted, this could be a promising turning point.
Another important question is for how long will TSLA remain detached from the broad market? The indices are clearly bullish, and they have been for a while. Tech stocks are performing well, and the M7 are looking great compared to TSLA.
It all depends on how TSLA is going to react now that it is close to the $206 support. Remember, always wait for confimation on the price. Any bullish reaction could trigger a short-term bounce to higher levels, the problem is that the mid-term trend is bearish, and it would be important to se TSLA breaking the 21 ema on the daily chart, along with the $230 resistance, to reverse this bearish sentiment. Only then, I’ll see a technical reason that could convince me of a better recovery – otherwise, we may see just a Dead Cat Bounce.
I’ll keep you updated on this, so remember to follow me for more analysis like this.
All the best,
Nathan.
Weekly Brent Crude Oil Price Prediction - W/C 11 Dec 2023Projected Price Range
The anticipated weekly price range for Brent Crude Oil is expected to fluctuate between $73.46 (Min) and $81.51 (Max).
Contended Price Levels
$78.10 - $81.60 High Volume Node & Resistance line - potential resistance
$76.00 Resistance Line - potential resistance
$73.46 Support Line - potential support
Technical Analysis
Fibonacci Retracement Breakout:
The price is still below the 0.5 level with a resistance line and a HVN just below the breaking point of the 0.5 level. This will be a strong resistance level.
Volume Profile Analysis:
High Volume Nodes (HVM):
Bottom HVM: Signifying an area of good liquidity and a potential resistance region. The price has stalled in this area over the last few weeks.
MACD and Stochastic RSI:
Stoch RSI (Bottom Indicator): The indicator crossed over last week at the overbought level and hence the price decreased. But now it is in the oversold level and this could be a good sign.
MACD (Top Indicator): This indicator has maintained just below the negative region and has refused to move out over the last few weeks. I don't see it going anywhere this week. I believe it will stay for the next few weeks in the same range and may just provide a bullish signal for the short term.
Additional Factors
Prior Resistance ( Top Blue Line):
Just above the Bottom HVM, a blue line represents a prior resistance level.
The blue line that is diagonal across the price is a potential resistance line.
Prior Support (Bottom Blue Line):
There are two support lines just near the current price. Last week the price went near this support zone and found support and didn’t fall through. Both these two blue lines are prior support levels. The bottom support line is extended from the black box you can see on the chart from a prior chart pattern. These will be crucial levels of support and levels to watch if the price breaks though.
Geopolitical Events:
Given the volatile nature of the commodities market, traders are advised to stay vigilant regarding any geopolitical events in the upcoming week, as these events can significantly impact oil prices.
Conclusion
Based on the projected price range and the various technical indicators and analyses, the outlook for Brent Crude Oil appears to be finely balanced. The delineated price levels, including resistance at $78.10-$81.60 and support at $73.46, suggest a narrow range of potential movement.
Technical analyses, such as Fibonacci retracement breakout and volume profile analysis, highlight the significance of specific levels, indicating potential resistance and support zones. The MACD and Stochastic RSI indicators imply a nuanced market sentiment, with the Stoch RSI currently in the oversold region and the MACD signalling a potential short-term bullish trend.
The presence of prior resistance and support lines further emphasises the importance of these levels in the market dynamics, while geopolitical events remain a crucial factor that could significantly impact oil prices in the coming week.
GBP/CHF ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Triangle Breakout + Rsi Oversold
🟠 EP 1.10219
🔴 SL 1.09983
🟢 TP1 1.10502 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 1.10741 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 1.10928 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
GAS/USDT ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Triple Bottom + RSI OverSold
🟠 EP 7.725
🔴 SL 7.430
🟢 TP1 8.024 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 8.319 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 8.609 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
NEAR/USDT ↘️ Short Trade Setup ↘️Hello Everyone 🙋🏽♂️
Ascending channel + rsi overbought
🟠 EP 2.263
🔴 SL 2.445
🟢 TP1 2.065 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 1.896 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 1.717 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
EUR/CHF ↗️ long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Demand zone + RSI Oversold
🟠 EP 0.94538
🔴 SL 0.93986
🟢 TP1 0.95143 ⚠️( Close 50% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.95656
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
AUD/CHF ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Demand zone + RSI Oversold
🟠 EP 0.57310
🔴 SL 0.57177
🟢 TP1 0.57463 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.57647 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.57851🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
EUR/CAD ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Demand zone + RSI Oversold
🟠 EP 1.46743
🔴 SL 1.46196
🟢 TP1 1.47322 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 1.47884 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 1.48385 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
LABU / LABD Medical Leveraged ETFs Flip Strategy.LABU is shown here on a 2H time frame. I am holding 500 shares having bought November 14th
on golden cross of fast and slow hull moving averages. The unrealized gain is 50%.
Here, I determine that I should en bloc or in increments close the position.
First, on the dual time RSI indicator of Chris Moody, the RSI is now over 60 and approaching
65. Price pivoted when RSI was in this range as shown by the red down arrows on the chart.
A fibonacci analysis is that the LABU downtrend of early September to late October has now
retraced in the range of 50% with the mid levels shown on the chart from the drawing tool.
Because of these two considerations, I believe that I should bank the 50% profit in less than
3 weeks and perhaps take a position in the inverse ETF LABD. I will do this on a 15 minute
time frame, take off one fifth of the position daily at the high of day as determined by an
alert for the faster Hull Moving Average doing down instead of upsloping. At the same time
on the LABD 15 minute chart I will buy a corresponding position at the low of day again using
an alert. By the end of the five days, the LABU position will be closed and the profits
redeployed into LABD. When LABD retraces 505 of its downtrend and RSI rises above 60, I will
consider fading the position and retaking a position in LABU. thus toggling positions in the
inverse ETFs as analysis and indicators dictate.
SNX/USDT Long Trade Setup ⬆️Hello Everyone 🙋🏽♂️
RSI +Demand zone
🟠 EP 3.236
🔴 SL 3.051
🟢 TP1 3.434 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 3.617 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 3.803 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
LINK/USDT Long Trade Setup ⬆️Hello Everyone 🙋🏽♂️
RSI +Demand zone + Sellside liquidity
🟠 EP 14.225
🔴 SL 13.806
🟢 TP1 14.679⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 15.071⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 15.516🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
Interpreting RSI (Relative Strength Index)The Relative Strength Index (RSI) is a momentum indicator that measures the speed and magnitude of price movements. It is a versatile tool that can be used to identify overbought and oversold conditions, as well as divergences and trend strength.
Overbought and Oversold Conditions
The RSI oscillates between 0 and 100. Traditionally, the RSI is considered overbought when above 70 and oversold when below 30. These levels are not set in stone, and they can vary depending on the security and the market conditions. However, they are a good starting point for identifying potential buying and selling opportunities.
Overbought:
An RSI reading above 70 indicates that the security is overbought, which means that it has been trading up rapidly and may be due for a correction. However, it is important to note that the RSI can stay in overbought territory for an extended period of time before a correction occurs.
Overbought RSI indicator
ETHUSD(Day Chart)
As you can see in the chart, when the RSI indicator hit the 70 level, the price started dropping continuously.
Oversold:
An RSI reading below 30 indicates that the security is oversold, which means that it has been trading down rapidly and may be due for a bounce. However, like with overbought conditions, the RSI can stay in oversold territory for an extended period of time before a bounce occurs.
Oversold RSI indicator
BTCUSD (weekly Chart)
As you can see in the chart, when the RSI indicator hit the 30 level, the price started bouncing from the bottom level.
The RSI indicator has accurately predicted the bottoms of Bitcoin's major bear markets in 2015, 2018, and 2022.
Stay tuned for more updates on this topic.
Regards
Hexa
USOIL Long Trade Setup ⬆️Hello Traders 🙋🏽♂️
The price hit the demand zone, with oversold on RSI with it a buy signal.
🟠 EP 73.15
🔴 SL 71.50
🟢 TP1 74.85
🟢 TP2 76.65
🟢 TP3 78.25
⚜️ Please support us with like & comment & Follow
Disclaimer
---------------
Trading is risky we all take loses
your responsibility is to not take more than 1% to 2% loss per trade and double your profits.
BTC/USDT Long Trade Setup ⬆️Hello Everyone 🙋🏽♂️
RSI + Supply zone
🟠 EP 36603
🔴 SL 38955
🟢 TP1 34173 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 31840 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 29474 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market
CAD/CHF ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
Oversold + Demand zone
🟠 EP 0.64492
🔴 SL 0.64130
🟢 TP1 0.64861 ⚠️( Close 33% of the trade and Set the SL on EP )⚠️
🟢 TP2 0.65228 ⚠️ ( Close 33% of the trade )⚠️
🟢 TP3 0.65607 🔥 ( Final result)🔥
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market