2:1 ON GOLD &&&&&&& POSSIBLE 5:1 WHAT DO YOU THINK? Leave comment below! Tips appreciated
in my opinion, This symbol is in a daily downtrend and is expected to continue its downtrend. Are you successful with me?
Have you already shorted ALGOUSD today ? If not, take a nice cup of coffee, get up (or the other way around), wipe your eyes and set a short on it. Why? Time has come. That's why. We're at the end of a massive pump . ALGOUSD RSI (1d) has been as high as today only 4 times in its lifetime, and 3 out of 4 were excellent shorting opportunities , and the 4rd with...
Hi Traders, As you can see in the above chart , JK Tyre CMP is Rs.153.40/- and currently price is at resistance zone and you can take the short trade at CMP on Monday market after observing first 1 hour candle (it should be in downward direction -Red candle, then only take the trade) and target can be Rs.130 to 125 (Profit per share is Rs.23.4 to 28.4) and stop...
Hi guys, This is my first post on TV but I am excited to join the community. I will be sharing some of my thoughts around day/swing trading Crypto and perhaps more instruments at a later stage as my TA and philosophy mature. I decided to share some TA around the big boy BTC as my first go at making my TA public. As always guys, this is not financial advice...
Multiple divergences on 4hr chart, MACD histogram, SRSI, and RSI also. We still have to see how low the price will go. Good luck traders
my previous long gold trade did not work out- and think back on it and with hindsite I think I didn't see a few things. Happy to get out of it breakeven. We all do this (mistakes), but I like to display my mistakes for all the whole world to see so that we all can learn. see link below. My mane mistake was that yes price then was on support, but it was not proven...
It looks like a running flat is in the making between the green lines, and we have a very nice Fib confluence around 1.34950 for the completion of the wave B. That's why I want to take a short trade, and it seems like we have a complete correction (the blue B), reversal impulse, and break-out. Now, I need another correction and a lower degree trade setup to place...
It isn't one of the best shaped and clear one, but what we have here might be an ending diagonal after an upward impulse for a decade. If this is the case, we should see a downward impulse as the wave A of a yearly corrective structure. So, we can assume that the next wave will be pretty big and fast. That's why I keep looking for short trade setups. If the last...
After the expanding flat, which ended at blue C, a reversal impulse and correction between the blue lines have come. After the last top, we got a lower degree impulse and a correction between the yellow lines, which seems like a complete one. Then another reversal impulse and correction between the purple lines. The issue is that correction because it seems odd. I...
It seems like a correction is in the making between the orange lines after the daily upward impulse from 1.063. Currently, the B wave should be in the making. So, my expectation is the C wave for a complete running flat. But, before that impulse, it looks like more downside is more likely. That's why I want to take a short trade to hedge it at 1.16200 where we...
My main forecast is the blue C wave for the completion of the correction. But there is another option too. Based on that wave count, the yellow B can be the end of the correction, and what we see after that can be a reversal structure. So, in both cases, we should see more downside. That's why I want to take a short trade. To do so, I'm waiting for a small...
btcusd retest preview lavel ang going up wait market retest then conformation
It looks like a channel is in the making at the end of the upward impulse. The last top can be the end, or we may see more upside inside the channel. For now, that part is not clear, but it is that the channel is one of the strongest reversal patterns. That's why I will take a short trade if I see a correction after the potential reversal impulse.
We may have a complete running flat. The C wave seems to have 5 sub-waves, and the last top might be the end of the 5. That being said, it's still over the trendline. So, there is chance for more upside after a small correction. That's why I set my entry price under the trendline. My target is 108.200 for a complete daily correction.
The blue ABC can be a complete correction, and if so, we may have a complete reversal structure as well as a trade setup. That's why I placed a pending order under the last low. If it makes a proper correction and a small trade setup, I'll update my entry price and lot size accordingly. Based on the bigger picture, the other scenario is a correction, which will be...
My expectation is a downward impulse after the correction. The last top can be the end of the running flat, and if so, a reversal structure should be in the making. I'm waiting for a correction after the reversal impulse. We could have placed a pending order under the last low, but I don't want to do that because it can go up more after a correction. That's why...