EURGBP Daily outlook still week on HTF. but Reaching out at the Demand is the strong level we can use the confirmation rule for a long setup if we have a break of structure or break of vailed TL then we can go long until hit the nearest supply level Thanks plz share your thoughts in comment box
EUR/JPY: Push lower ahead > EUR/JPY trendbreak > break of structure > lower high/lower low sequence > POC above current levels > JPY ist generally getting stronger Feel free to comment! Meikel & Your Team WSI
CAD_CHF in H4: Watchlist Long > Phase 1 of H/L Setup completed: Trendreversal > Next stage: Phase 2, first bullish wave > Established a higher low/ higher high sequence > Break of bearish trendline needed > Break of Structure would be completed after > POC below current price levels
EUR/JPY: Bearish structural break > trendline break > LL outside of structure > BOS + ChiS > generell JPY-strength Meikel & Your team WSI
Elliott Wave Principle is a theory about how financial markets move, and it's used by traders to predict the movement of the market. It was developed by Ralph Nelson Elliott in the 1930s, and it's still in use today. To use Elliott Wave principles, you have to be able to identify when a movement in the market is not just a regular up or downswing, but actually...
Currently Nas100 is in a short term bear trend. I am long term bull biased but my trading strategy is all about observing how price reacts to certain levels/zones. To begin 2022 I think the market will continue to sell off after weekly closing below old resistance. Although will not surprise me if the week does finish bull with nice bottom wick. I have two...
Good risk / reward ratio on this trade. Breakout past a 3-month correction. - Target Entry: $167.50 - Target Stop Loss: $165.02 - Target Exit: $185.29 - Risk / Reward Ratio: 7.17 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are...
Not the best risk / reward ratio on this trade, however, momentum is on our side. Breakout past a 5-month correction. - Target Entry: $164.70 - Target Stop Loss: $161.58 - Target Exit: $175.00 - Risk / Reward Ratio: 3.30 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is...
Careful - I will wait for earnings before placing this order. Ascending Triangle formed after a 6-month correction and a recent run. Betting on last month's momentum run. Good risk-reward ratio and target set at a potential formation of a 6-month resistance line. - Target Entry: $77.80 - Target Stop Loss: $75.91 - Target Exit: $82.51 - Risk / Reward Ratio:...
Ascending Triangle formed after a bull run. Tight Stop Loss - risky price action. - Target Entry: $105.20 - Target Stop Loss: $103.44 - Target Exit: $123.55 - Risk / Reward Ratio: 10.43 About me - Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as...
Ascending Triangle formed after a period of correction. The run should resume and price to hit the resistance line. Keeping the Stop Loss very tight. Consider lowering it to $22.81 if you don't have much risk exposure in your current trading portfolio. - Target Entry: $23.50 - Target Stop Loss: $23.20 - Target Exit: $26.90 - Risk / Reward Ratio: 11.33 About...
NTR is a fairly volatile stock. Keep this in mind when you trade it. The risk can be higher. While an Ascending Triangle has clearly formed, the price hasn't confirmed the support line yet. However, the risk exposure is minimal and it might be worth a shot. - Target Entry: $59.11 - Target Stop Loss: $58.18 - Target Exit: $63.66 - Risk / Reward Ratio: 4.89 About...
The level of confidence in this trade is moderate. While I like this setup, I am not fully convinced about the target price. Bullish pennant formed after a 6-month bull run, betting on momentum keeping going. - Target Entry: $50.32 - Target Stop Loss: $49.34 - Target Exit: $54.22 - Risk / Reward Ratio: 3.98 About me - Note that I tend to adjust stop losses in...
Bullish Pennant formed after a 5-month correction. Multiple new support confirmation over the past few days and price that resisted the news of Bezos leaving the company. I am fairly optimistic on this trade, as I particularly like the chart and the risk/reward ratio. This means that I will allocate more capital than usual. - Target Entry $3329.12 - Target Stop...
Coca Cola is well below the 200ma and has now bounced off its support. The stock is also in a bullish channel and with earning coming up and some positive news, it looks like it could be great swing trade for coming days/weeks and for a very cheap price in options! Coca Cola is a safe bet, as we can all pretty much agree, the company isn't going anywhere long...
Loving the new volume profile tool. Here is a Swing trade idea for FSTR. Need to see it go green on the week and break the current week's high.
Bullish Pennant formed after a 9-month run. Multiple new support confirmation over the past few days. I am being quite conservative with the Stop Loss. You can place it to $76.59 if your appetite for risk is higher. - Target Entry $80.50 - Target Stop Loss $79.22 - Target Exit $94.00 About me - P/L September +49.18% | August: +232.32% | No Trades without...
Uptrend Corridor Breakout formed after a 8-month rally. Multiple new support confirmation yesterday. I usually want to see a support confirmation over a period of 2-3 days, however, I still feel that the risk/reward ratio is very acceptable. Therefore, I'll enter regardless. If you want to be safer, wait for further support bounces (although you might miss a run,...