CADCHF - Possible Second EntryPrice broke out of ascending correction.
Already in from the top. Looking to scale in for another entry - will be looking for a brief retracement and then entering
Entry
GBPUSD-LONGPotential Long on GBPUSD. Price is approaching the daily trendline and is coming up to a previous level or support/resistance. The level I've highlighted in pink lines up with fibonnaci levels. I'm looking for a break and retest of the descending trendline to take this long. Fundamentally the pound is trying to recover and USD is still unsteady. However, if price breaks the daily trendline, I will be looking for a short off of the retest of the descending trendline and previous support/resistance.
SPY 15 Minute Chart. Locking in some Profits, ReentryIm cashing in on the trade linked below. I think this might be a good area to re enter and if it doesn't work out it'll be fine because the last trades profits can cover this loss
XAUUUSD SELL UpdateWe have two entries you can add one more sell entry at retest of previous support breakout. We also entered three times sell from 1740 area all are successful.
FTM / BTC Entry Idea - 200MA supportFTM has found support on the 200MA 2 or 3 times recently, so although we're in a short term downtrend, I believe we could find support there again, which would make this a good entry point for a short / mid term trade.
BXP very STRONG RESISTANCE! HOT MARKET $$$Hi traders,
today´s HOT market that I opened yesterday is "Boston Properties Inc."
As you can see in the analysis, this market was stuck in the Trading Range for several years and a few weeks ago broke down.
What makes this trade amazing is the fact, that we are still below the major Value Area , so we can say, that lower prices are respected.
INSIDERS, also, increased their SHORT positions -> another confirmation!
Parameters of the Trade:
Ticker: BXP
Direction: SHORT
Entry: 101.92
PT: 79.64
ST: 113.06
Have good trading,
Jakub
FINEIGHT
SPY 15 Minute Chart. Trust the process, adding incatching a falling knife here lets see if i can pull it off. keep in mind this charts only depicts target 1
XRP 6H Long EntryBuy Limit Triggered @ 0.20163
2% Risk - 30 Pip SL @ 0.19875
3:1 RR - 100 Pip TP @ 0.21222
Close 50% At TP & Leave Runner
Bullish As Hell Breaking OutChart has projections.
MACD bullish 0 cross
RSI test and bounce up off 50 Rsi
Past breakout point 1.15$
Target levels 1.5/ 1.7/ 2.2 $
THETA/USD- Potential Entry or Trap?Hopefully those who had positions in Theta managed to sell the top (or close to it)
If they did, are they now looking for a re-entry or have they moved onto the next option?
I wouldn't be in any hurry to jump in but strange pumps seems to be the norm in the current environment.
I'd prefer to see it closer to the 50/200 SMA so further retrace required.
Keep an eye on it and cautious entry advised if feeling brave. (Tight SL)
Any thoughts on entry price or whether to just steer clear altogether?
Bingaz.
Bitcoin is not able to Cross 10K this week ? / weekly BTC levelHello Friends ,
Thank you all for prioritizing My idea. Hit the like button and also follow for new update.
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let's check overview of chart :
Here we can see some area where trading activity haven't taken place . it is outlined as "Area Zero".
we have founded 4 "Area Zero".
This channel have 2 Zones, "seller zone'' and " buyer zone".
we can Find Magnet Line where the price often touches. we have funded single Magnet line "M 1" .
I haven't Find any clue which shows Breakout from downtrend channel.
If you are going to short then your target Should Not be Bellow M 1 .
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let's have look at daily chart :
as per daily chart its clear that price will touch at the support line at 8605 and weekly BTC road can be 9000 as expection. yes this week we are not expecting 10 k level.
it's just simple view which I have noticed. You will be notified if you have Liked and followed Thank you......
it's not The End of analysis
BE prepared for Trade........................................................................................
GBPJPY - 1H - SHORT - Trend Entry Setup - 22 May 2020 FX:GBPJPY at a key resistance zone on the 1H chart.
Trend: Bearish
Enter SHORT @ 130.8
Stop Loss @ 131.525
Target 1 @ 130
Target 2 @ 129.575
Target 3 @ 129
WHAT TOPICS WOULD YOU LIKE ME TO COVER?Hi Guys - all my followers and non followers..
I am getting back to releasing weekly episode/episodes of the ' Art of trading Psychology' in the aim of helping traders get in the 'zone' when trading. Mastering trading psychology is by far one of the hardest aspects in trading yet it is also the one that will drive you to you success as a trader if mastered.
I would truly love to cater this podcast to you guys and in order to do so, i need to understand what it is you're struggling with and what you would like to cover i.e
- finding taking profit hard?
- being consistent
- scared to take a trade or uneasy when you're in a trade?
- Losing too much?
Anything you think of, drop it in the comments below or message me!!
NZDJPY Range Market Sells Another range bound market making a nice setup to continue down. We can see here that price has created a range between 66.131 and 63.474. We would anticipate that when price will sell at this resistance after creating a nice bearish pin-bar. Although there was indecision in the market, sellers have managed to enter at a decent price.
Now, for us to change our bias to Longs we would expect to see price break above the resistance (66.131), retests and initially create a new support at 66.131 and continue higher. But for now, we will continue trading this range down. Let's see how this plays out.
NZDJPY SELL
Price: 65.905
SL: 66.449
TP: 63.881
Possible long continuation aheadRetesting to the previous all time high back in 2/20. Looks like it could possibly continue the upward trend tot he all time high. There is some support between 38 and 37.
An ideal entry would be passing 39.00
I am already in the trade, I entered @ 38.89
USDCAD- Two Potential Long Position Set Ups? If there is another strong bullish candle then this can be a good breakout trade! It will be a good long position with a potential risk to reward of 1:2.
The EMA's are also showing bullish signals which gives me a good confluences.
As a bonus we could also enter another long position at the reversal.
Let's see whats what happens at the end of Friday.
Top of short term ETH (Do not buy)From here ($200 levels) is one of the higher tops, there will be a retrace back to $140 levels, be careful with any margin positions going long, you should not be focusing on the higher numbers with big leverage, you will be wiped out. This is a selling level. Do not enter any buying position at the moment, there will be far better entry 30-40% lower.
