Good morning, traders! Today we bring you our analysis of USD/CHF, which is at a critical point, and we think it is worth taking into account.
🔸As we can see, the price has been in a downtrend for some years.
🔸A few days ago, due to the Fed announcements, the Dollar gained strength, which pushed the price higher, and it reached the broken trend line.
🔸It...
NYSE:PLNT daily might be about to break out of a triangle pattern which will initiate a long position with good risk vs reward potential.
MACD is lined up and ready and the entry can either be above today's high for aggressive traders or you can wait for the first pullback after the breakout if you want to wait for more proof.
Good morning traders, today we will analyze USD/CAD in depth since last week there was an interesting breakout that is worth studying.
This analysis consists of 3 timeframes. The Weekly and Daily are merely context analysis, and the 4h timeframe will be in which we look for a potential entry into the market.
🔸Let's look at the Weekly Chart:
In this...
In this video I will reviewing trades i took 6/18/2021 which were $SQ, $NVDA, $ABNB , $ROKU showing you guys my favorite pattern "Flags" to make some insane returns! Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while...
DSLA showed a possible zone of entry for long position. I've layed out a RSI trend expected to be executed in a day or two. You can expect after this a good positive growth of price for DSLA, so to prepare for this you can use SL and TP setup, with two TP variants for both short and medium time periods. Hope this will help you in your decision making!
Good morning traders! Today, we bring you our analysis and forecast in GBP / JPY; we saw quite aggressive behavior since these last days.
🔸Starting with the Daily Timeframe, we see that the price has been in a clear uptrend for months. We want to clarify that what we are seeing now is only a CORRECTION/RETRACEMENT, which is necessary to continue the rise in the...
In this video i will be reviewing trades I took 6/17/2021 which were ,$ZM $SQ, Traded these tickers using my knowledge of technical Analysis , sharing my levels: Support & Resistance , my trendlines , Fibs, Waves, Price Action, Channels , Emas, and prior experienced , while providing both bullish & bearish scenarios for you to be able to understand my analysis...
Confluence point of 1.618 fib retracement from 2 corrections, big price increase without any significant correction + trend line.
Entry 1.725-1.755
SL 1.8-1.81
TP1 1.61
TP2 1.59
Trade carefully and adjust the risk to the each trade by yourself. It's not a financial advice, just my idea on a trade.
SWING TRADING JOURNAL
I'm bearish for NZDUSD but I need a little pullback first
So, this is my plan
I will;
SELL NZDUSD somewhere at Green Box (try to sell as high as possible)
SL ABOVE Red Line
Final TP at Blue Box
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to...
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 63.80 EUR
It’s getting multiple supports from different angles.
Hello hello Everyone.
As you might see the stochastic is oversold.
The setup pattern is forming is also looking great support.
Don’t forget to show some love and support by liking and commenting.
Remember to follow for more setups and pattern with great Reward over risk doing money management.
Thank you
SWING TRADING JOURNAL
I'm looking to SELL GBPUSD and this is my plan
I will;
SELL GBPUSD somewhere at Green Box (try to sell as high as possible)
SL ABOVE Red Line
Final TP at Blue Box
Manage this trade with your trading style, maybe you want to;
1. Close your position early (at 1R, 2R or any profit level)
2. Move your SL to break even
3. Scale out
4. Trailing...
Price is moving withing the channel. If 61.8 fibo will be broken, possible bearish reaction on 78.6 or 88.6 that will form harmonic pattern. Be carefull, tonight is FOMC.
