Reasons for taking this trade
127 as served as both support and resistance for $LULU.
Noticing the pinbar on the hourly TF, I am going short.
Take Profit Levels
Stop Loss Level
Risk to Reward
Descending Wedge breakout + Channel formation on SNAP. Mid Term targets are listed in the rectangle boxes. Long term Target is top of the channel. Stoploss is below the channel.
R/R about 2
B+ trade. since I would like a better R/R
Let me know if there are improvements I can make on this.
Man I got in ONT at 5300 sats and it got up then tanked. Out for a loss. Always a reminder to leave your stop losses in profit. Likely the end of the ONT bull run for now
EMA (13/48) Crossed under on 4HR time frame. Very bearish sign.
No idea what this coin is but chart looks good. Reasons below is why I'm buying.
1) Looks like it is trading between the range 3520 - 3862. So as traders we trade the range.
2) TD Sequential printed it's final 9th candle. This usually signals upside from here.
3) RSI Bull Divergence
4) Wicks on the lower BB indicates possible reversals.
5) R/R Is great here....
VEN looks like it's going to be experiencing a short term top.
RSI bear Div Check
MACD Cross Almost Check
Short Term: Look to take profit on VEN
Long Term: Overall Bullish. Pick up VEN at the Kijun-Sen.