Please don't forget to FOLLOW, LIKE, and COMMENT ... If you like my analysis:) Trade Safe - Trade Well Regards, Michael Harding 😎 Chief Technical Strategist @ LEFTURN Inc. RISK DISCLAIMER Information and opinions contained with this post are for educational purposes and do not constitute trading recommendations. Trading Forex on margin carries a high level of...
Profit target for me is $150! It's possible before February. This is all dependent on whether or not we hold above 132. Even if it fell below that level, I wouldn't short.
SHORT TRADE SETUP: False breakout followed by price dump In this scenario, we are waiting for price to break above the high of $24300 and then breakdown for us to take a short position. Entry criteria for opening a short position: 1. Price Action: Price breaks above the high of $24300 and then rapidly falls below $24300, forming a bull trap 2. Candlestick Pattern:...
Daily ETH Potential Trade Setups There are two potential trade setups that could develop and we can wait patiently to see if either setup gives us a good trade entry Scenario 1: False Breakdown at Horizontal Support In this first scenario, we are waiting for price to hit the horizontal support @621. We will be looking for price to close below 621 and then...
BTC Scalp Short Local top with false breakout. Likely to retrace from here. Scalp short and take profits by closing portions of the short position as price falls.
From the GreenCrypto Scalping strategy we can see that we have LONG entry signal. From the past signals and backtesting result we can see that the scalping using this strategy is accurate and profitable. I would suggest holding long position on ETH, we can expect ETH to cross 600$ soon. If you are interested in scaling strategy feel free to DM us. Thanks
EURUSD moved 1.2200 level this week, the highest in recent weeks, retraced back to 1.1900 with multiple sideways movements holding its grounds as bulls enter again the trend to target 1.2300 level. Good luck with your trades.
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....
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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...
Ascending Triangle broken out after a 6-month modest bull run. Multiple support confirmation on the 5-min chart. Support manage to hold up quite well even during the recent meltdown. - Target Entry $43.09 - Target Stop Loss $42.62 - Target Exit $45.02 About me - August P/L: +203.83% | Wins 85.19% | No Trades without Analysis - Note that I tend to adjust stop...
Drop a like if this helps you out, its free! :) **NB this trade only becomes valid IF we close a 4H candle above 241** Trade Idea: Bitcoin is looking rather bullish I expect BCH to follow at some point. Wait for a 4H candle close above 241 (this candle should have a lot of volume otherwise it could be a fakeout) then long the retest of now support until the...
Hidden bullish divergence after a 3 rising valley formation and coinciding decade-long critical up-sloping support on the DXY could indicate a major reversal, or alternatively major break to the downside to re-test the all time lows.
The TT Blackbox alerted $MU as a Bullish Swing Trade alert at 11 CST. Entered the trade at $44.13. I am looking for the bullish swing to last over the next couple of trading days. TT Blackbox = See Below ➡️The Transparent Traders Black box is Amazingly simple! Our Black box is the first-ever to be created that specifically provides swing trading...
The AUDCAD has completed its first trend changing pattern to the downside, as we know it takes a great deal of time and efforts for a trend to change. So we expect another attempt at the High before we can see the second TCP. Right now we want to buy or do nothing in the AUDCAD.
By looking at the chart pattern, we can see that it will be trying to push higher to 1.73801