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Setup in AUDUSDWaiting for a pullback to approx. 0,73700 price level to join bulls with S/L below 0,73200 and T/P around 0,74350.
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Potential long opportunity 100pip move?As you can see we have a clear breakout of this small down trend, looking at the daily and the weekly time frame this is still a very bullish pair.
We have just broken what was a resistance level, currently waiting for a retest of that zone to make sure this level holds up and can be classed as a new support.
If we find an entry on this pair intial targets will be the previous high, possibly targeting the daily high.
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Good luck, stay blue,
Ash.
AUDUSD: possible scenario0.72250-0.72750 price zone might act as resistance and possible opportunity for opening short position.
Since end of July the pair is trading sideways, however the bias remains bullish (meaning lower volumes should be opened).
Rising number of Covid cases resulting lockdown in Melbourne + global uncertainty might fundamentally support Aussie from breaking above 0.72750 price level.
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Don't forget about the fundamental rules of trading.
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TSLA outlook. Tesla looks good to short to $1150 if it can break $1364. Now $1364 is a supply/demand region as well. We can easily bounce up to $1500 if price can not break below $1355. Tesla did break back in the channel. The short side looks good imo . as of right now i'm staying neutral until either we break $1450 or break $1355.
NAS100 - TOP ALERT - Bearish Scenario / 50% GAINS !!!-NEW author on TradingView
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NAS 100 1h: BEST level to SHORT 50% gains (SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: NAS 100 1h chart review / outlook
::: bounce imminent right now
::: likely setting up for a bigger move downwards to complete the expanding triangle
::: however short-term I recommend to focus
::: on selling HIGH from confirmed resistance
::: Bearisch Scenario plays out if there is now follow through till US Elections in November
::: key resistance: 10900-11000 USD
::: key support level: 9800 USD
::: recommended strategy: SHORT IT 10900 USD
::: SL 11100 USD TP 9800 USD
::: good luck traders