So this is a two step trade setup. First I need PA to drop and close below the 23.6 level Then I need a pullback roughly 50% of the bearish candle. If that materializes, I would then go short. Otherwise... no thanks. On to the next That's it - That's all Trade Safe
Cardano fell back to our magenta Target Zone between $0.5510 and $0.4430 over the last seven days. However, it did not dip very profoundly and quickly moved back up. According to our primary assessment, the low of the magenta-colored wave (iv) has not yet been placed, but there should be another deeper dip. That being said, it should be noted that the minimum...
Trade Setup for CFX/USDT: Long Position Analysis: CFX has broken out of a bullish flag pattern, indicating a potential upward trend. The current price (CMP) serves as the entry point. The breakout is being retested, suggesting a potential confirmation of the bullish move. Entry Point: Current Market Price (CMP) Additional Positions: Consider adding more if...
The stock broke out of a 3 week trading range on Thursday's session with satisfactory volume expansion. Going by the Elliot wave structure, the stock is currently in wave III of(III) of 3(ignore the labeling if you don't follow Elliot wave theory).The current wave is projected to reach close to the INR 240 zone. INR195-200 has been a resistance for the stock for...
Traders, I like this area for entry into APE. Close to support on top the 50 and 100 day SMA, RSI is in a decent area, and preceding a potential holiday bump. APE has still never really pumped like many of the other alts. I'm going long to 1.87. SL is 1.20. Entry was 1.415. R/R is just over 2. This is not fin advice of course. Purely for your entertainment...
A couple days back I wrote that the NZD/USD was up against the roof of a descending channel. I anticipated a breakout and entered long @0.60995. Short, medium, and long term indicators support a strengthening Kiwi against the USD.
I really like XRP at this level. The 58 cent level proved it is legit support and XRP now looks to have formed a bull flag which it is at this moment attempting to break out of. All moving averages are on the underside of us assisting the 58 cent level in supporting price. Additionally, we have touched that RED line (see RSI) yet again and everytime we do so a...
This looks to be good support here for Matic. I have waited patiently for entry and .74 cents looks to be as good as any with all SMAs (50,100,200 day) on the underside for support along with a significant level. Also, RSI has reached support in conjuction with the pullback here. I will be taking profits along the way and expect to be out 75% by the time we reach...
Opportunity for Long trade with a success rate of over 85% The price is likely to hit TP1 with a 85% chance and TP2 with an 75% chance. Please note that all the information provided is based on personal opinion, and no responsibility is assumed for any outcomes."
Expecting some sideways before a move up into the 78.50 region and a pull back to the levels shown . Aside from the confluences I have documented , this plan also correlates well with my USD outlook . I will wait for the short and have alerts set but there is also a long from around 75.20ish if you wanted to take the move up beforehand. Of course this...
The stock is a good contender for a short term trade because it appears to be setting itself for breaking out of a month's range. A simple yet effective setup. A entry is made when the stock closes above the range's upper boundary with good volumes. It is to be noted that the stock also has given a successful wedge breakout on Nov.16. Note*- Please do your own...
This USD/JPY trade strategy capitalizes on the currency pair's strong uptrend as identified from the monthly, weekly, and daily charts. The current price near 149.5 presents a compelling entry point for a bullish position. The setup involves: Entry Point: A buy limit order at 149.5, positioned just below the current market price, aiming to capture potential...
Abbott India Ltd. is seen coming out of a fourth wave triangle and is expected to have completed wave i of V. The stock had remained in a 3month long correction during the fourth wave between Aug and Nov. The stock is currently close to the support area of 23000 and is expected to settle and reverse from around here. The final projected target for fifth wave...
The stock is completing a triple three correction, that has been ongoing since Sep., with today's fall. The 95-97 zone is the 50-61.8% retracement of the entire fall. CMP 88 SL 84.9 TARGET 95-97
I had posted a daily chart of LIC HSG yesterday showing how it should begin a wave 5 move towards 500 soon. Please refer to that chart to get a better understanding of this one. This chart only shows the correction of wave i of 5 coming to an end. A dip below 450 was strongly recovered intraday today. the reversal price of 444 can be used as SL to make an entry...
Hello Traders, here is the full analysis. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity EURUSD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the...
Sure, there is upside to 1780 and it could keep climbing, but I think we're going to see it drop before that occurs. There is a support trend heading in the bearish direction Then you have two really weak resistance lines developing on short term charts. Which makes me think it's about to see a drop off of those and then head to the bearish support trend. ...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this ORBS/USDT Trade setup. ORBS looks good here. Breaks out from the symmetrical triangle and also the cup and handle-like structure. Currently, retesting the neckline. Long some here and add more in the dip. Entry range:- $0.04370-$0.04470 Target1:-...