Murphy USA (MUSA) is breaking out into new highs, triggering a low-risk entry point. Relative strength has been surging all year as shares steadily outperformed the market. After a gap up earning move on July 28, the stock consolidated for three weeks with minimal pullbacks - a sign that buyers are not selling and the stock is moving to the strong hands. Sales...
Technical Analysis (TA) On the weekly chart the momentum indicators are oversold. There are early signs over of a potential reversal. On the daily chart the price is flat and there is a small wedge formed. We need price break above 115 and then we could potentially see LUCE reach 145 and 170. Price Target Entry: 115 Target 1: 145 (+26%) Target 2: 170 (+48%)
OANDA:XAUUSD The chart shows the pattern forming awaiting the completion of the handle. Cup indicator calculated radius /depth. This supports an uptrend for XAUUSD overall although it may downtrend in the short-term in the handle formation. Horizontal resistance lines are drawn to use as targets in a tiered closure of the intended trade. I will watch for...
Hello traders! Welcome back to another episode with analyst Aadil1000x. In the previous buy trade, the target was +7% and the market moved back after a +5.7% rise. The entry was at 23800. Those still in the buy position can remain in the trade and those who closed the trade and took profit can re-enter. The stop loss is 23092(-3.85%) Target...
Hello guys today i saw an interesting Ascending Triangle pattern on MANA , it will be a good setup. wait until break out between 1.0500 and 1.0700 , the open your short position after first candle. the target is 1.0000 , you can close 50% of your position and risk free that. remember funda analysis before opening a position. it's just an idea , always do your...
wave analysis expanded flat price action snr break out trend
Hello,Traders! GOLD has retested a key horizontal level And then broke the local rising support So now I am bearish biased And I think that Gold will go further down Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
hey traders The last wall of buyers has been broken The price is now in a range Gold can be sold with the range being broken by sellers
hey traders There is a signal of a reversal on Bitcoin that may break the bottom or form a major correction in both cases, there is a drop, the closest possibility to break the bottom But the range must be broken hard to sell bitcoin
hey traders Watch the aud/jpy pair for a long-term buying opportunity wait for a range and broken by buyers above 93.929 To activate the trade
#ETHEREUM Technical Analysis:- $ETH currently trading around $1920 As per chart #ETH forming Rising wedge If Rising Wedge Break then We can see big Fall in Price. Now I Am short side because Our All Long Targets achieved. Entry:- $1920-$1970 Targets:- $1800/$1662/$1572/$1366 Stop Loss:- $2014 Big Targets only activated if Break $1800 Level. Don’t forget to...
wave analysis snr break out price action expanded flat
Consumer staples food products showing relative strength. Hersey Foods Corp showing leadership. You don't need to know what's going to happen next to make money ~Mark Douglas Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
Short AUDCAD from this point ij the market price, SL to$91.04 CAD God Luck I will update this par
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. As per my previous EURGBP idea, highlighted on the chart, we will be looking for sell setups as price approaches the green resistance zone. on H1: EURGBP is forming a channel in red but the lower trendline is not valid yet. So we will be waiting for a third swing to form...
Pair: EURUSD Timeframe: 4H Analysis: Round number level, trend line, volume profile, support and resistance, pennant pattern, ascending triangle pattern ————— Key Takeaway: Need to see a bounce off trend line ————— Level needed: need a close by 1.02130 ————— Trade: Long RISK:REWARD 1:5 SL: 30 TP: 156 ————— DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Breakup looks likely looking at overall market momentum. Earning expected on 24th Aug after market close but could breakup before that. Should it break up, any near term retest back towards neckline will be an opportunity to stake/add. Manage positions with trailing stops. Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and...
While price is trading inside the last impulse, we're looking at potential upside move. The 1,0240 support held price and in case of another push high, we should see a test of 1,0360. In order for this upside move to continue, we should not see the market trading below 1,0200!