looking for usd/cad to continue this down trend to Previous low as i also wouldnt be surprised if we create a Lower low here as well Diclaimer -information shared is for educational purposes and demo purposes only!
HELLOOOO PIPPIN PEEPS!!! I'm back with another high probability trade. Looking at around 3000 pips. Trade with care. Risk management is KEY.
Hello Traders, Today we are analyzing Monero . After doing a deep dive and zooming in and our of different time resolutions I have found some very interesting similarities to the previous run on XMR. The First point to note is the bottom of each run seemed end in a similar way to each other. Some what of a cup and handle pattern on the monthly time frame...
Looking at Bitcoin currently, we can see a local ascending broadening wedge after that recent downswing. This is pointing to some further downside to complete a likely falling wedge on the 12hr chart. Likely scenario we see play out is downside to test ~43.5k then start a rally around Christmas'-NewYears towards 68k to try and set a new ATH See previous Ideas...
As you can see, the price has respected the 200sma (blue) since the break from Covid lows. Risk-reward-ratio presented is interesting as you will figure out if you are right or wrong pretty quickly; especially since the Bollinger bands have been contracting as we have consolidated. Trade setup: Target around $1000 for profit-exit. Loss-protection exit 1-2%...
if its break the box as a support and resistance and conform a second candle above it or below it then Enter LONG/Short... Happy Trading Guys...
Hello Traders, Here is my quick idea on Bitcoin. I see BTC in a bullish pattern, a falling wedge which it has broken out of and retested the top on a daily time resolution. The other targets are based on a flag pattern and a cup and handle that BTC has potentially presented. Again, just a quick idea that I saw and wanted to throw out there. Have a GREEN week...
In this analysis I look at the US dollar against the Japanese Yen. Currently I have a bullish bias on this pair and we have also seen a recent low for the USD against the JPY which means it is key time for buying in. We see a key retracement period going on currently meaning price will fall to the liquidity area I have marked on the chart then will most likely...
Hello Traders, Back at it again with the heavy hitters here! We are looking at Denta coin, which is a glabal moblephone company offering esim cards to liberize the mobile data market place. As you can see here we are breaking out of a descending broadening wedge with a few targets ahead and a potential end of the run goal I lised for all of you moon boys and...
Hello everyone, hope you are doing well. Welcome to another trade setup as a part of "Aglogains - Daily Trade Series". On the 1H timeframe we also see a three wick rejection, the price tried to break bellow 3090 3 times and failed to sustain the move. My entry is on the 1H timeframe, after I observed a double bottom with a bullish confirmation. Entry -...
Stuck in range, volume decreasing, so movement could be near...
Hi friends, We are having an amazing trading week. This is my analysis on AUDUSD.
Good risk / reward ratio on this trade. Ascending Triangle breakout. Betting on momentum to keep going past the news release of eBay releasing Bag Autenthicating service that could help the marketplace to tap into the second-hand luxury industry. - Target Entry: $65.51 - Target Stop Loss: $63.81 - Target Exit: $75.08 - Risk / Reward Ratio: 5.63 About me - Note...
Tomorrow's market could be sideways, you can do scalp for quick gains in conditions as described below: 1) Go short if the market opens flat or a little gap down and trendline breaks and gives 15 min closing below 33838.35.. Keep a target of 150 points from the level. It can go up to 33506 but that target is most probably against the psychology of the market....
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:...
Bullish Pennant formed after a steady bull run. I have not identified a clear technical target, however, I love the risk/reward ratio on this trade and I still feel this is an opportunity to pursue. - Target Entry: $36.83 - Target Stop Loss: $36.50 - Target Exit: $39.00 - Risk / Reward Ratio: 6.58 About me - Note that I tend to adjust stop losses in order to...
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...