Bigprofit
30% Gain on $GSATI wish I would have remembered to post this before the move happened, but I forgot. So I will just show my entry and exit points and why I had them. I set my entry point based on the trend low of the previous uptrend. This is what caused me to catch an absolute perfect falling knife for entry. Price then steadily rose to try and test the trend high of the previous downtrend. The trend high level ended getting broken by a 12% move up. The move had high volume so I continued to hold. I ended up selling when the volume started decreasing.
#LTCUSD Elrio strategy clearly showing long!BITFINEX:LTCUSD newly i came to know about the elrio analysis software,which just drive me crazy to new look of analysis world.actually i liked to do this analyse with the same software here but still in tradingview is not available... so if i be frank to you, i just did it in the bourse365.om and paste the result here for every body.. ow let i explain about the future price of LTCUSD and i can say with confidence that will blast the mind... as you can see and i tried to show every thing with lines and shapes...
now price in weekly time frame made falling wedge pattern and price with strong power borrowed from volumes of trades just crossed upside and right now facing 161.8% of FIBO that i think will cross and then will go toward the 3 targets i marked on the chart. i strongly believe even 3rd target also is available even in coming days!!! i just did same forecast for XRPUSD when price was around 0.75 and i forecast to reach around 2.2$ which happened in few days after my analyse..
anyhow, good luck every body and have covidless new year
Bitcoin - CRASH or New ATH?CRASH or ATH?
Currently Bitcoin is facing major resistance while getting squeezed into a triangle pattern inside the rising channel.
TWO Options -
#1 We break this resistance negating the double top finding us to new highs and a blue sky breakout.
#2 We will be pushed down back to previous support levels.
For long-term investors hold your positions and if it dips you can add more at appropriate key areas, but be cautious adding more at these levels. Wait for confirmation.
Day Traders big opportunity! Have your positions set and ready at appropriate levels near the support and resistance break up/down zone.
Nasdaq Outlook/ Possible SetupPlease give a thumbs up if you like this idea and let me know in the comments what you think.
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Nasdaq has been bouncing in a downward channel and it looks like a cup handle.
right now it there might be a possible double bottom followed by a breakout to the upside.
Keep in mind that the elections are upon us and that investors are hesitating to invest into NAS, DJ, S&P etc. so it could go either way.
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Trade safe, look for clear confirmation and have good risk management.
Let me know what you think.
Nasdaq TP Hit, Possible Scenario'sMy Nasdaq outlook for this week, if you have questions please ask them and if you take this trade let me know the results!
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Nasdaq has reached the 12000 mark today and is currently pushing the border of the upper channel.
To me we have 3 possible scenario's:
1. Nasdaq will go down to about ~11840.
2. Nasdaq will go down to about ~11700, or the lower border of the channel.
3. Nasdaq will break out of the channel and push to ~12450.
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Let me know your thoughts and please give a thumbs up if you like this idea and follow me for more ideas related to Gold and indices.
As always use good risk management. This isn't a sprint , it's a marathon .
Nasdaq Outlook For Today/Coming WeekMy Nasdaq outlook for today, if you have questions please ask them and if you take this trade let me know the results!
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Nasdaq has been bouncing in a channel for the past weeks and it was/is consolidating.
To me we have 3 possible scenario's:
1. Nasdaq will have a slight pullback to the lower border of the channel before going up to ~12000.
2. Nasdaq will go up to ~12000 if it break out of consolidation (today).
3. Nasdaq will break out of the lower border of the channel and will have a push downwards to ~10750.
Look for clear confirmation and watch out for possible fake outs.
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Let me know your thoughts and please give a thumbs up if you like this idea and follow me for more ideas related to Gold and indices.
As always use good risk management. This isn't a sprint , it's a marathon.
600+ Pips Done! Similar Move Again??Hi There,
If you have followed my previous posted idea when correction was forming you had a idea about this move. It was quite a powerful move towards upside. Now similar structure is underformation. But it we will not jump into this one until it fully forms and break the trendline. BUT WE WILL KEEP AN EYE BECAUSE IT CAN GIVE US GOOD PIPS>
Stay safe.
Long on AUDat 2:30 a.m (GMT+2). Australian trade balance data will be published. the increase was a positive factor for aud and it is estimated that the australia's trade balance has increased from 5800 USD to 5950 USD. if proven, it will support aud.
technically, the aud is currently oversold on rsi daily
GBPJPY [SHORT] Trend TradingRelatively good sized trade I've picked up on this afternoon. Theres a couple resistance levels to take note of, the first one will be a retest before the price drops.
This would not be an active trade until that resistance line is retested.
Potential profit levels marked. Simple trend analysis trade.