Pfizer appears to have completed retracement from high's , found support on 100EMA cloud and indicating a change in momentum for a possible nice swing trade.
Optimal buy zone would be black trend line but I'm going with starter $45 10/15Cs here. Will add if it continues to dip up until 43 stop loss.
BUY: GBP / USD
SL @ 1.35650
TP @ 1.37150
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed based on fundamentals and near all time high.
Big falling wedge on CAT here after breaking below the symmetrical triangle it was previously holding, big gap to fill on the upside, and some slight bullish divergence on the RSI. Watching CAT closely here for a breakout from this wedge (Broader Market Conditions Permitting). Bullish- just some support and resistance levels along with some RSI-based supply and...
NASDAQ After the reversal that started yesterday evening, we have to ask the following question: Although the NQ did not reach the target of 14656 points, it shows a clear v recovery. Currently, however, this is not enough for a real trend reversal. It looks more like a wave B & a recovery movement before another corrective wave c.
Primarily, we must continue to...
People sometimes get lucky or for whatever reason spends months or years trading with no defined system. When we get volatility like today all of a sudden they panic and can sometimes find themselves liquidating positions they may have built over months or which they may have entered yesterday. While this might be the appropriate reaction, the more important...
Last week we heard the fantastic news that the Lucid Air Dream Edition received an official EPA range of 520-mile.
Last week, $LCID
* ended above the 50 moving average AND the 200 moving average,
* broke out the descending trending line,
* ended above the volume profile visible range (VPVR) point of control (POC),
* volume started to...
FETUSDT (Day Chart) Technical analysis
New All-Time High
FET/USDT (Day Chart) Currently trading at $0.93
Buy level: Above $0.900
Stop loss: Below $0.73
Max Leverage 1x or buy it on spot market
Always Keep Stop loss
Looking for SQ to find some support here, sitting right on the 100day EMA, buyers starting to step in, and a little bull flag forming at the end of the parallel channel its been holding - Just some FIB levels & RSI-based supply and demand zones to keep an eye on
RUNEUSDT (1H Chart) Technical analysis
RUNE/USDT (1H Chart) Currently trading at $8.95
Buy level : Above $ 9.20 (only buy after channel breakout)
Stop loss: I will update once i see the breakout
Max Leverage: 3x
Always Keep Stop loss
You don't need to be a candlestick expert to know how to trade them. It doesn't matter if you know the difference between a doji and a spinning or a star and abandoned baby.
They all have one thing in common, the next candle needs to open clear above/below the prior. Over precision is not a traders friend.
ROKU +50% in ~45 days from this exact price twice...
EURJPY is trading on a strong daily key level.
The price formed an inside bar formation on that signifying complete indecision.
On 6H time frame we can see in detail how the price acts:
the pair is stuck within a narrow horizontal trading range.
130.75 is its resistance
130.15 is its support
From a current perspective I...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
Below is the zoomed in image for better understanding
Checkout BATAINDIA trade (linked below) to understand how to trade Morning Star formation
Also, you can check out...