FTM explosioneasy profit 50% , just a matter of time.
no stoploss
the way is clear to the next station.
( short term trade)
Ftmaddlong
USDSGD Fibo Positioning for Long TradeThis idea was first posted on Dec 20 but was hidden as I unknowingly violated one of TV's house rules and the idea was hidden. Reposting for everyone's reference as USDSGD seems to have bottomed out in the mid term.
Having cleared the last bearish fibo downtrend at the 1.618 level, USDSGD is hovering at around this level. An initial rise followed by a retracement will confirm midterm trend turning back to bull.
Watch for the 61.8% retracement to enter for a 4X risk reward short trade. For traders who have higher risk appetite, entering now before confirmation will likely give a 8-10X risk reward (putting stop at 13 Dec low of 1.3510).
Happy trading and please click agree/like on this idea to support my work as well as follow my Tradingview profile to get more trade ideas update.
Shanghai Composite Fibo Add LongThis idea was first posted on Dec 10 but was hidden as I unknowingly violated one of TV's house rules and the idea was hidden. Reposting for everyone's reference as we get closer to the tgt profit level.
Due to request from user tubeSound, Shanghai Composite was analysed and seem to have turned long midterm.
Having cleared the 2.618 fibo level in the previous midterm bear trend, Shanghai Composite looks to have firmly turned bullish , 1st target profit at 3,360 after crossing the fibo 1.618 level.
With stop loss at 2,730, Risk / Reward ranging from 2.5 - 5X depending on entry level. Possible to add some long now and wait for further retracement to 2,850 to add more.
(Note this is in contrast on trading direction with my view on HSI and you may execute both concurrently to have a equity 'hedge').
Happy trading and please click agree/like on this idea to support my work as well as follow my Tradingview profile to get more trade ideas update.
EURUSD Fibo Remain Open Long, Add more longsEURUSD fibo bas been faithfully hitting 1.618 / 2.618 levels before trend turning since 2017 (scroll backwards to see fibo charts). However this is a tricky one, with EURUSD hitting a double fibo dip prior to this trend turn to bull.
It did a perfect 61.8% level retracement and looks set to continue towards 1.618 level from here.
Midterm target: 1.1470
1st stop: 1.0980
2nd stop: 1.0880
Risk / Reward ranging from 2-6X depending on entry level.
Good luck and please like this post to support more ideas in future! =)
EURJPY Fibo Remain Open Long, Add more longsHaving faithfully hit the fibo levels of 1.618 and 2.618 in last three waves before turning direction, EURJPY looks firmly in a bull trend midterm with level above 123.90 as the immediate 1.618 target.
Current entry level with support (stop loss) at 119.50 will give a 3X risk reward.
Good luck and please like this post to support more ideas in future! =)
