the price in between highs and established lows is a venue for Handler to Hunt Losses and liquidate gamblers
directional bias is above the Triangle
there is no market for now.. just few Brokers obliterating accounts of degenerate folks
Inventory GRAB anyone? Looking to break that fat double bottom and get a little sumthin sumthin
For the nimble among ye,
double bottom break
pukey longs leave the field
gobble inventory and go for goguen
enter first leg with sell stops or higher for more optimal R.
For 2nd leg, First scale out at 2.44 if you are a scared beeyotch or simply want to ruin your R
". There is a possibility of temporary to break to the suggested resistance line (291 ).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. MSFT is NOT in a range bound, and the continuity of an uptrend is expected.
. 13 AGOST 2021 have a GAP bullish
the momentum of Bullish USDCAD is exhausted we will wait for USDCAD bear break out by sell stop:
TYPE : SELL STOP
TF : H2
ENTRY PRICE : 1.2669
STOP LOSS : 1.2750 (81 PIPS)
TAKE PROFIT : TP1: 1.2649 TP2: 1.2614 TP3: 1.2555 TP4: 1.2505 TP5: 1.2422
Please see my previous post for an explanation of the technical signals shown. The post is linked below.
In my opinion, this is the best way to utilize the technical information. My vehicle of choice would be SQQQ, which would give a potential profit/loss of 10%/-2.5%.
The price was in a mini range at the resistance on the 1H range, idea was to take a sell for the price to hit the support level at .720, Took an entry, price hit TP1 so I moved my SL to BE, new hour candle wicked up.. stopped me out and continued in my direction..
Live and learn, I need to be cautious about a new 1H candle and bare in mind that EU trading starts,...
Hello fellow Apes,
I hope you are all doing well!
In this analysis, we have are moving inside a huge triangle and are currently at the bottom.
We are sitting on a KEY SUPPORT that I beleive we are going to hold and go to $220, $280 and then $415 and even higher as soon as the Short Squeeze begins.
To every analysis, we have to be prepaired for the alternative...
We're sitting comfortably at the 21 day EMA, and finding support. What about the lower band of the flag? Are we expecting earnings to impress? Not a chance. So then what will hold up the price? I can't wait to find out...
The pair has broken a rising wedge recently and is now trading below the 50 sma in h4 chart and is in the bearish mood, we can clearly see the important divergence from the rsi to the price action; price will be pushed down towards the red line which highlights the first important support, if you decide to open a sell trade pay attention to the moving average and...
LOOKING GOOD FOR BUY SIDE, AFTER A LONG CONSOLIDATION IN AN ASCENDING TRIANGLE, PROBABLY IT WILL GIVE GOOD MOVEMENT AFTER BREAKOUT.
YOU CAN USE YOUR BREAKOUT STRATEGY FOR THE BELOW TARGETS.
BULLISH ABOVE: 225
T1: 265 (18% GAIN)
T2: 320 (42% GAIN)
☑️CAD_CHF is etching closer and closer to the strong daily resistance are
And I think we will see a pullback from this level
Therefore, I suggest a short once the pair reached this level
Wait for the reversal pattern on the lower timeframe and beware of the stop hunting
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