Do we break the line and pump? Or do we go back down for another test? Took out a short at 3850 with a tight stop at 3933 USD. Set a buy to close the short at 3682.
My friends so far so good. GBPUSD is at 1.3868 wait for this price to drop to 1.3810 before buying. Price will shoot all the way to 1.4000. Use proper money management
Tight stops as always.
NASDAQ:IPHI Solid fundamentals with a very constructive base forming. It recently made a small move up while finding support. The ATR is showing a vey tight trading range with well below average volume and good relative strength. I will be looking for a break out entry through 162.20 area against the 157 area.
since range is mature. if you are looking for a place to put stops you could use this daily H4 or L4 camarilla levels. just be aware of potential hunts. but the H4/L4 would be stoploss areas with the 5/6 being the break targets for intraday
range is tight. monthly pivot might give at least 1.5 cents up. will have to see from there. camarilla / cpr / magnetic trade
use tight stop. looks like potential consolidation that may lead to expansion
AUDUSD Likes to trend a lot. The pair moves quite "nicely" as far as pairs go.
AUDUSD Currently created a double top and stepping down with lower lows and lower highs.
Creating a liquidity gap that needs to be filled before continuing down. There is a high chance for a sell limit to be triggered in my middle grey zone and a high chance of having a nice tight stoploss.
The pair to me looks like its getting tightly squeezed into this type of falling wedge, can we see a correction to the medium top channel and maybe a break above towards the impulsive leg? The pair for me is still bearish and i will be watching it closely as their may be some kind of shift in momentum towards the upside and a continuation possibly for a little...
Key notes:
If Bitcoin broke down the uptrend line and a median of a downtrend channel, it will probably go down under 7k fast.
For now, we have a falling wedge and decreasing volumes inside it, which can indicate that sellers are exhausing.
I'm holding longs from ~8280 with tight stop, until wedge isn't broke. In a good case if BTC doesn't fall down, wedge...
TVC:SPX and AMEX:SPY are still forming triangle, and when it breaks we can expect that move in the direction of the breakout would be rather strong.
Nevertheless, for low risk entry (though also with much more uncertainty), trade may be attempted right now with stop just above previous high @294 and target as far ~275 area.
Again with such tight stop the...
Looking for price to bounce off the double bottom and re -test the downtrend
This is more of a scalp I'm only risking 1% on this with a very tight SL
R:R Just under 6.4
This is not a signal just a suggestion.
There is a upwards channel, and it can't seem to break the support, as the 4 wicks have touched the support.
A tight stop loss can be placed under the wicks.
Caught this D point with a 5pip S/L before i had any pitchfork on nothing, want to know how hit me up with private message. madness how precise this strategy is. all about selectivity.
Educational purpose only, not giving signals, not bragging just sharing
Waited for price to break entry line and 2 pip pullback after all rules met = Divergence, Bollinger Bands, and below 30 on RSI. Nice easy 14 pips total I closed half at the 15% target. Much easier to look at on 1M chart after all rules are met will post that in the comments since it will not let me publish as an idea waiting for the wave 2 bounce with divergence...
