Possible MEB ASX Long Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.040 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.040
ASX:MEB
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.040
Target 2 @ ....
Risk/Reward @ 1.5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Asxlong
Possible WSI ASX Long Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.040 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.040
ASX:WSI
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.040
Target 2 @ ....
Risk/Reward @ 1.5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
Possible DSE ASX long position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.045 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.045
ASX:BSE
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.045
Target 2 @ ....
Risk/Reward @ 2.5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
Please Follow, Like,Comment & Follow
This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
ASX approaching support, potential bounce!ASX is approaching our first support at 6238.2 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 6306.1 (horizontal swing high resistance).
Stochastic is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ASX approaching support, potential bounce!ASX is approaching our first support at 6238.2 (horizontal swing low support, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 6306.1 (horizontal swing high resistance).
Stochastic is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ASX approaching resistance, potential drop! ASX is approaching our first resistance at 6230.9 (50% Fibonacci retracement, horizontal overlap resistance where a strong drop might occur below this level pushing price down to our major support at 6151.0 (100%, 61.8% Fibonacci extension, 76.4% Fibonacci retracement, Horizontal pullback support)
Stochastic is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ASX approaching resistance, potential drop!ASX is approaching our first resistance at 6226.6 (horizontal swing high resistance, 61.8% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 6146.0 (61.8% Fibonacci retracement , 61.8% Fibonacci extension , horizontal overlap support).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
ASX approaching resistance, potential drop! ASX is approaching our first resistance at 6226.6 (horizontal swing high resistance, 61.8% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 6146.0 (61.8% Fibonacci retracement, 61.8% Fibonacci extension, horizontal overlap support).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ASX approaching support, potential bounce! EURCAD is approaching our first support at 6102.4 (horizontal overlap support, 23.6% fibonacci retracement) where a strong bounce to our major resistance at 6226.6 (horizontal swing high resistance, 61.8% fibonacci retracement) might occur.
Stochastic is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ASX approaching support, potential bounce! ASX is approaching our first support at 5807 (61.8% fibonacci extension, 23.6% fibonacci retracement, horizontal pullback support) and a strong bounce might occur below this level pushing price up to our major resistance at 5928(61.8% fibonacci retracement, horizontal swing high resistance).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
ASX approaching resistance, potential drop! ASX is approaching our first resistance at 5927.6 (horizontal swing high resistance, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 5694.0 (horizontal pullback support, 61.8% Fibonacci extension, 50% Fibonacci retracement.
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
$3DP Ascending TriangleOver the past few weeks 3DP has set up an ascending triangle pattern, a breakout top side sets an initial target at 6.4 c representing a 28% move from the last closed price of 5.0c with an extension target at 7.4c being prior resistance and a 48% move.
Buyers have been absorbing all supply below historic resistance at 5.4c since the attempted break on the 11th
ASX approaching resistance, potential drop! ASX is approaching our first resistance at 5838 (100% fibonacci extension, 78.6% fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 5601 (50% fibonacci retracement, 61.8% fibonacci extension).
Stochastic (34,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
ASX approaching resistance, potential drop! ASX is approaching our first resistance at 5790.8 (horizontal swing high resistance, 23.6% fiboancci retracment, 100% fibonacci extension) where a strong drop might occur pushing price down to our first support at 5655.3 (38.2% fiboancci retracement, horizontal overlap support).
Stochastic (89,5,3) is also approaching resistance where we might see a corresopnding drop in price.
SHORT ASX approaching resistance, potential drop!ASX is approaching our first resistance at 5788 (100% fibonacci extension , 50% fibonacci retracement , horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 5389 (100% fibonacci extension , 76.4% fibonacci retracement , horizontal swing low support).
Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
$BVS long swing trade set-upHeres my trade setup long $BVS Bravura (ASX) on Friday. Not financial advice.
ASX approaching resistance, potential drop!ASX is approaching our first resistance at 5788 (50% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 5389 (100% fibonacci extension, 76.4% fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
ASX approaching support, potential bounce! ASX is approaching our first support at 5314 (100% fibonacci extension, 78.6% fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 5695 (100% fibonacci extension, 38.2% fibonacci retracement, horizontal swing high resistance).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it bounce off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
ASX approaching support, potential bounce! ASX is approaching our first support at 5516 (50% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 5950 (100% Fibonacci extension , 50% fibonacci retracement, Horizontal overlap resistance).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
ASX Bounced Off Support, Potential For Further Rise!ASX is approaching our first support level at 5516 (61.8% fibonacci extension, 50% fibonacci retracement, Horizontal swing low support) where a strong bounce might occur above this level pushing price up to our major resistance at 5950 (100% Fibonacci extension, 50% fibonacci retracement, Horizontal overlap resistance ).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
ASX approaching support, potential bounce! ASX is approaching our first support at 5520 (61.8% fibonacci extension, 50% fibonacci retracement, Horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 5950 (100% Fibonacci extension, 50% fibonacci retracement, Horizontal overlap resistance).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks
