Possible swing trade trade setup inside the channel Trigger would be ideal entry price and stop loss is also marked ideal take profit would be at the test of the upper channel line or sooner depending on your trading style
Ascending Triangle formed after a 3-month correction. Multiple new support confirmation over the past 4 days.
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. We have a target price, however, I wouldn't be surprised if it would go above that.
- Target Entry...
Ascending triangle formed after a 5-month correction. Multiple new support confirmation over the past few days.
There is a potential to aim March's high and target a $105 price mark. However, not before we break past our original target exit below.
Despite profit potential might not seem appealing, I still feel that the risk/reward ratio is acceptable. Needless...
According to my previous analysis I saw two possible area to short either the .618 fib level or the .786 and I believe it will be the .786 level. Now we wait and see, good luck traders.
EJ had a big drop all week so this week looks like it can be a pullback before continuing down if it cannot beat the 124.187 zone or the 124.516 which would retest a bearish engulfing from the daily.
We're currently sitting inside a weekly zone, so we'll get a nice move out once price breaks out.
We are in a bearish channel until we break out of it. I'm not...
Bullish Pennant breaking out after a 7-month uptrend.
Trying to capture the breakout right out of the gate and eventually lock profits well before the target, which I believe to be the best strategy given the period.
I am being very selective lately and I only trade when I see very limited risk, with potentially great rewards. This is why I like this setup....
Short-term Bullish Pennant following a 1-month correction interrupting a massive bull run.
Multiple new support confirmation in the past few days.
I am being very selective lately and I only trade when I see very limited risk, with potentially great rewards. This is why I like this setup. There is no clear technical target, this is why I will adjust stop-losses...
Bullish Pennant breaking out after a 7-month characterized by a long correction. Quite a speculative trade, however, I believe that the upsides might be great if momentum doesn't cease.
Trying to capture the breakout right out of the gate and eventually lock profits well before the target, which I believe to be the best strategy given the period.
I am being very...
Hey tradomaniacs,
welcome to a new free trading-setup.
Notice: Ecvery trade we take is very very risky as we are trading ahead NFP`s and important events!
Gold (XAU/USD): Day-Swingtrade-Execution
Market-Sell-Order: 1896,00
Stop-Loss: 1916,00
Target 1: 1895,50
Target 2: 1864,00
Target 3: 1842,00
Target for One-Target-Trader: 1864,00
Stop-Loss: 20 (200)...
Descending Triangle just broke out, aiming at ATL.
Lack of resistance confirmation means that we are chasing the price. However, my Stop/Loss is very tight and we are protected in case of an unexpected bounce. This is also due to the unpredictability of the market these days.
- Target Entry $51.92
- Target Stop Loss $52.48
- Target Exit $49.60
About me
- P/L...
Corridor breakout past a 5-month correction.
Price has been down-trending since May, including during the August's Nasdaq rally. Disappointing earnings created a short momentum.
Lack of resistance confirmation means that we are chasing the price. However, my Stop/Loss is very tight and we are protected in case of an unexpected bounce. This is also due to the...
Corridor breakout past a 4-month correction.
Price has been down-trending since the beginning of August and I am expecting the momentum to continue in the short-term. Wendy's is a great stock, however, we might be reaching new support before resuming the rally. This is why it is important to get out fast if we turn a profit.
Lack of resistance confirmation...
MDT has desperately trying to rally to reach its pre-pandemic ATH for 6 months now.
The company has also published encouraging research study results - this might act as a catalyst and create momentum. The company also beat earnings estimates recently, creating an overall positive outlook on its future.
This Corridor Breakout with strong support confirmation...
Ascending Triangle breaking out after a 6-month uptrend.
Aggressive buyer presence in the past month. I will try to make the most of the recent drop and play the bounce. However, this is a highly-sensitive pandemic stock, therefore I will allocate 35% less capital than usual.
- Target Entry $65.20 (Buy Limit) or $66.50 (Buy Stop)
- Target Stop Loss $64.57
-...
