EURCHF is on a key level again.
Looking very oversold, the price formed a double bottom formation.
Bullish breakout of its horizontal neckline leaves a solid bullish clue.
Growth is expected now.
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Profit Taking! Yehhaaa successful trade.
As you know there is no exact science on when you buy, sell or take profit and or you make hold for years. I'm only showing the trades I'm currently doing in this market, it doesn't mean I do this swing trading forever. No one rule no matter what is done is to make money. Otherwise,...
ETH trading close to ATH. Potential bull flag form can be recognized from the daily chart for a longer period. The overall crypto market development will decide is this emerging setup is for the biggest bull run ever, or if the price going to decrease from the key level. I expect cryptomarket to keep growing.
TRADE TYPE: SELL LIMIT ORDER
TRADE DIRECTION: SHORT
ENTRY PRICE: 1.16430
STOP LOSS: 1.16985
TAKE PROFIT: 1.15880
RISK TO REWARD: 1:1
Follow this thread for any future updates regarding this specific trade
BNB is trading close to resistance level with multiple breakout attempts. If the price goes above the resistance level, bulls might get ahead with the price action and the price can increase exponentially. As always, when the price action is close to key levels, we have an increased risk for volatility. If a long position is taken when the resistance level is...
Buy: AUD / CAD
Buy limit: 0.92330
SL @ 0.91920
TP @ 0.93640
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
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Wassup guys, I'M now starting to build out my TV profile along with my social media presence with my technical analysis breakdowns using PURE PRICE ACTION W/NAKED CHARTS.
You will notice within my chart I only use a FEW indicators, which are: Volume, 21MA(intraday, D, W, M timeframes only), 200MA(Hourly, D, W, M timeframes only), VWAP(intraday, Hourly timeframes...
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So, sunday, the day of preperation for the beautifull monday-morning to start agian, trading-week.
Looking at a pair that had some very interesting price-action going on, ready for the move down.
After an impulsive phase up we saw a clean correction holding the counter-trendline.
We've been keeping an eye on CHFJPY for quite sometime now as price was at the extremes of the parallel channel. We are looking for any shorting opportunities to take CHFJPY down.
We've seen some JPY strength last week but we could be consolidating for a bit due to CHF strength (which we anticipated a couple of weeks ago). Looking for clear signs of reversal to...
OKTA really catching my eye here, flagging on its 5-year chart- Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones- Bullish and will be looking for a breakout
- EMA's curling
- Bollinger Bands squeezing on the weekly timeframe (See Chart Below)
- Slight bullish divergence on the RSI on shorter timeframes
EURCHF dropped to the next strong key support.
On intraday time frames the pair is reversing.
On Monday we can try to catch a pullback on that
with a very nice r/r.
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FET! We been following this Bad boy for a minute.
It’s finally squeezing more and more. Expect to keep the momentum going.
Falls In our research on swing set ups with a good ratio of Risk and Reward.
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Have you seen this bearish breakout of a key weekly structure on EURNZD.
It opens a potential for a strong bearish continuation.
For entries, consider a wide daily area:
1.633 - 1.663 is the zone from where I will look for shorting opportunities.
I will wait for an occasional retest of that and then will...
ABNB forming a big symmetrical triangle but frankly looking quite bullish, will be looking for a breakout from this triangle (Broader Markets Permitting) - Just some support and resistance levels to keep an eye on along with some RSI-based supply and demand zones
- Sitting right on its 20-day EMA
- Bollinger Bands Squeezing (Not Pictured)
- Slight bullish hidden...
Hello, I am Agape
a daily and weekly swing trader
Let's see what is happening on gold
In daily timeframe, you can see that price printed a nice bullish structure higher low and higher high.
So i look closer into the smaller timeframe which is intraday timeframe (H4 and below) that there is broken resistance now turns into support, it indicates that there will...