This idea depends on the impending breakout being a bullish one. Expecting price to move further along the Riding Wedge before meandering it’s way back down during the 3rd quarter of this year. Quarterly outlook:- 2nd: Bullish 3rd: Bearish *Disclaimer* This is not trading advice. All content/ information shared in this idea is purely educational in nature...
Please use good money management Good luck and have a great trading week ahead Please Like and comment if you find this useful
A falling wedge has been spotted in a bearish market and a counter trend trade opportunity is revealed in this chart. Bullish divergences confirming the long bias, current prices are setting up for a long trade with stops below support sitting at the lows around 1.082. Looking at 50%, 61.8% and 70.7% fib levels for potential targets, but I have plotted all the...
Friday midday, the market looked like it was going to break out to begin a major decline back down to FIB 0 (DJI low of $18,169). Market held above FIB .236 (DJI $20,870) with the assistance of Fed playing "follow the leader" to artificially prop the market Friday afternoon. We consequently saw a strong bounce up to Fib .382 ($22,600), I think we see a rally to...
Please Like & Follow Buy Entry 1.239200 TP 1.25600 SL 1.22000
Please like & Follow us Buy Entry 1.25160 TP 1.27100 SL 1.23200 MFX PRO TRADING PAKISTAN
ETH should have a brief bounce before much deeper sinkhole before eventually the trend channel catches up with it. Too far in the future to predict after that
HKEX:3383 break the high volume bearish candle today. It would be able to break the recent top as the volume is not very high. Buy in at 10.7 Cut loss at 9.84 Target at 13.34
The answer of course is, I don't know, and neither do you. It's all about probabilities in the end, and proper risk management. Personal psychology. That boring, hard stuff. Let's be real, TA is the easy part. The fun part. The glorious part. So here we are... A) Just over a year ago, we found ourselves here. New Lows formed. People calling for 1.2-1.8k. ...
This recent PA has everyone (most) puzzled as all hell. We finally have volatility coming back people! Enjoy! The way I see it....Test the lows(near lows again, 6.4-6.5k) with another Super bullish response....and let's rip through 7.8k....low 8's....and let's give 9k a scare...then we can talk. I see us testing upper 7's low 8's before a break of our current...
+++++++++swing trade: quick update++++++++++ Hello and welcome to a quick update dear traders, beginners and friends! Today I want to share a swing trade idea for bitcoin for the next two weeks! First of all, we broke below 7000 three times and bounced three times, which provides information about a strong support right now! Since then BTC climbed up and...
We are potentially in a short term buy zone for the EURNZD as it hit and rejected support twice. plz share what u think so I can improve :)
The divergence indicated a change of direction. The bounce came in and we had a perfect retrace back to the 0.618 fib. Could not be a better settup for a quick trade to the upside especially now when the 4H just closed.
Risky trade zone but short term correction likely. However, failure to hold $7000 could result in a further move to $6400
XLU Short Term (Today) - Probably get a bounce off of this 63.50 level. Medium term bearish. Long Term Neutral to bearish. Do not trade based on my advice. Your trades=Your responsibility. Goodluck.
Blackstone was upgraded this morning by WellsFargo to $60 price target with Outperform rating. This will probably get a nice bid today but I'd be cautious holding past this week IMO. Goodluck BX
Either making a contracting flat to retest the 1450 area... or setting up for a short term sell before retesting this area. I don't think we are quite ready for the BIG short incoming.... Let me know what you think, EVERY insight is appreciated, i am just a beginner, thank you.... !
Strong Support Level ETH BTC Buy Opportunity Short Term and Long Term Alt coin rally