NIKE quick trade buy Market for first target on the resistance 88.13 if the price managed to break this level add extra amount for next target will be around 93 and stop loss will be around 81 for the first trade
hey guys. i guess we're going to hold the como-cloud support line for now and have a nice bounce to our first resistance area 13350-14000 in 3-5 days. RSI looks Good, also MACD looks good .
before doing any trades, DYOR and Follow capital management.
I'm using xbtusd since that's what i trade, a few days ago it failed to break the resistance at 5378 (today at 5338), i think it should retest it a couple more times before either breaking that resistance (and aim to the 7300's zone) or bouncing down hard to visit some supports (3330, 3121, 2391, 1676) but in the meanwhile, i think we are starting a downtrend and...
Weekly chart for BTC/LONGS. Momentum on longs is rising same as price of BTC is. That means more and more people are interested in longing BTC and that is one more evidence that BTC price has bottom and I expect rise of the price in the following weeks.
4hr Chart Observations :
Immediate resistance $4841.44
Immediate support $4618
Possible bull flag formation, if $4841.44 is breached.
Profit taken target at 5.0k to 5.5k
Keep eye on exponentials to act as possible support.
Seems as if the 4hr chart is forming a bull flag, price is currently trading between the dotted lines close to the high of the...
Hello traders, as you can see I'm looking for sell on AUDUSD. It broke the smaller trendline and now we have to wait for some sideways candles to confirm down move. The bigger picture looks upside, and for that reason as i mentioned it will be short term trade. Usually i don't trade against bigger picture, but in this case RR ratio is amazing for me and thats the...
After reevaluating my original position at 1.126... I am now looking for a buy entry at 1.12375
100 Pip Target / 25 Pip Stop Loss = 4:1 Reward to Risk
- Confluence with the daily chart reaching an area of liquidity
- Apparent structure and equal highs near TP zone
- Strong Fibonacci Level at entry price from recent swing
Anticipating price during LONDON...
We had a great rise earlier this month! After the big price increase we fell down a bit.
Also 10th of April a lower high. As you can see, we moved down in a descending triangle. (Red triangle)
As you can see now Reddcoin broke out of the descending triangle today 18th of April!
As you can see we are now in an ascending triangle (blue triangle).
ATH is 114. I'm not expecting us to go there. AMD had it's run up already, SPX is looking slow (and like a Head and shoulder on the weekly). I'm better as a bearish trader which sucks in the kind of rally we've had from the bottom, but I've adapted by being more patient and precise with my entries and stop losses.
Short entry 112.70
After weak US data earlier today the down trending pair was met with indecision which may have just come to an end with a break above the H4 upper trendline boundary. Looking to move back into the range defined by the daily trend which which was broken a little over a week ago.
Side note, The magnitude of the bounce the US economy has had since the bottom in DEcember has been insane and unprecidented. I've never seen a bottom not get tested and just fly up vertically. Especially with poor GDP estimates and economic outlook data. I was pretty heavily short back in Feb, so that hurt a bit, but all you can do is learn from your mistakes...