there is a likelyhood price may go higher than my initial entry point and rise to the 1.618 fib level indicated (price = 78.742) i will move my sell limit and pray it triggers lol remember to do your own analysis if you would also like to enter this trade comments and/or suggestions highly appreciated:)
COULD see a minor pull back to the indicated resistance level before continuing down if so, this can give people who missed the original entry to enter or current sellers to add more positions comments and/or suggestions highly appreciated :)
possible 283 pips in store if this goes to plan! comments and/or suggestions highly appreciated :)
heres my plan for this trade. hopefully if this goes to plan we can bag around 400pips! comments and/or suggestions highly appreciated :)
possible opportunity to sell coming market open - hoping for a gap down to place sell limits at market closing price comments and/or suggestions highly appreciated :)
a more thorough breakdown of my idea - hope it makes sense lol :) comments and/or suggestions highly appreciated
cup and handle pattern spotted - could expect a good midterm buy incoming this pattern is said to be a bullish continuation pattern. The overall trend visible on higher time frames displays an uptrend followed by this dip (the cup). Then comes the stage of consolidation (the handle) which we have witnessed since around the 12th may. Hopefully if a breakout of this...
possible short term set up for EU comments and/or suggestions are highly appreciated :)
not something im thinking of placing a position on - just sharing my thoughts. Here we see a breakthrough of support, movement down to the next support and a rejection. Looking at the chart on the 4hr tf it does display characteristics of a head and shoulders pattern so one possibility could be movment up to a new resistance (the previously broken support level)...
previously i failed to spot the area of resistance highlighted so price may in fact drop a teensy bit further (or it may not!) and hopefully we'll see a rejection to indicate our flight upwards :) I think SL may need to be pushed down slightly to accomodate for this potential movement but if your trading style calls for a lengthening or shortening of sl (or just...
approaching a pretty strong resistance with several previous touches with failure of breakthrough - rsi is increasing and may enter into values indicating being overbrought. Could see a sell coming. Ill set sell limits and hope for the best. Remember to do your own thorough analysis if you would also like to enter this trade too - dont follow blindly! Comments...
possible sell incoming - lets see how it plays out comments and/or suggestions highly appreicated :)
NU has been moving well so far - added another sell at this pullback and hoping for more downwards momentum :)
manually brought - a few explanations as to why i am taking the trade labelled. hopefully makes sense to you all ensure to do your own analysis if you too want to enter this trade comments and/or suggestions highly appreciated :)