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Highreward

USDCAD down trend continuation USDCAD reversed from Weekly ascending channel's resistance (yellow channel) around 1.3665 last days of 2018 and had 6 days of aggressive selling It is consolidating for last 6 days 4 of last 6 candles were very weak bullish candles and couldn't go above on last bearish candle so the selling pressure is still high there are 2 options to trade this setup : 1) breakout of bearish flag (little red channel) or breakout of 1.3180 support line 2) enter around 1.3325 and 20EMA (the red arrow down) if we had a nice bearish signal (pinbar or engulfing or ...) on 4H time frame in both cases the stop will be above 1.3325 and targets will be channel's bottom or 1.2790 support shown with green flags i like the second way because of higher reward to risk ratio if price broke above 1.3325 this setup is not valid anymore please like and follow if you like this!! :)
Short
by Ramin_N
100% gains for Etherium?KRAKEN:ETHUSD has taken a beating, along with most (all) other cryptos. However, there is a possibility that we are going to see 100% gains from here - this sounds great, but considering how much ETH has fallen from all time highs almost a year ago, people who bought in back then shouldn't get too excited - there is a long way to go before you even break even... But there is a possibility for people who are new to the market to take some profits from this point. The price has established a solid downtrending range and price has just hit to bottom of the range. This coincides with an area of support that could possibly act to help reverse the downward price action over the previous few weeks. Thirdly, price has reached it's target following the symmertrical triangle breakout. If price manages to turn around it would not be unreasonable to expect it to hit the top of the downtrend range, at around 200. However, keep your losses tight, as the bearish sentiment is extremely strong and I would not be surprised if it overcomes any bullish sentiment, meaning that price never manages to reach the stop of the trading range. In addition, should price fall below the bottom of the trading range, the next stop is at around 55 - so a 50% loss.
Long
by joasia
Bull flag pattern? Will the rise continue?Congratulations to everyone who followed my trade. If you would had followed my previous trade, you should be enjoying around 40% profit. As I wrote before, it's time to analyse the market again and start looking for a new trade. I have drawn a Bull Flag pattern, which is the most bullish scenario that can happen for NLG/BTC. If the bull flag pattern follows through, we might see a climb towards the 800 region, possibly even testing 1000 sat. If you are a high risk trader, I'd start to accumulate and keep a tight stoploss (like below 390-415 sat). At time of writing this would be about a 10% loss. However, the reward could be a jump into 120%. I personally do not take this risk, I prefer to wait a little, in order to see if the bull flag persists. That's when I will quickly buy and enjoy the ride. I'll try to keep you updated.
NLong
by Poopieman
VIPS low-risk buy, high reward potentialThis is a short term play that, if all goes well, could turn into a long-term play. NYSE:VIPS is currently at the bottom of a micro uptrend channel (orange lines), looking to test the two major trend bear trend lines on the 4hr and Daily. I'm using a low risk entry on the bottom of the channel with a stop under the low of today which would be a confirmation of an exit of the channel. I'm using a profit target based on stock remaining in the channel and resistance at the Daily trend line (solid light blue line). There will most likely be resistance at the 4hr trend line (light blue dotted line) but a break of that trend line should give enough momentum to test the major Daily trend line. Move up stops under new lows that remain along the bottom of the upward channel, let the trade continue if it's a winner but take the profits if the channel fails. This is a 15 minute chart. This is a step back on the larger time frame, the Daily, to show the major trend lines that could serve as major breakouts if broken, especially if they are retested once broken and hold to show confirmation. On the weekly chart, there is trend angle play dating back to 2012 (red line) that could come into play. If it does get broken, retested and held with confirmation, then VIPS is looking at a long term major reversal to the upside. This is a long shot but the potential is there if the 6 year red trend line comes back into play. But let's stick with the original game plan on the micro trend channel on the 15 min chart and if it keeps going, great. Remember, risk management is key! Tomorrow is another day! Good luck!
NYSE:VIPSLong
by NicAdams
XAU/USD PitchFork MADNESSOn this chart I drew the forks on the main swings, as i was looking at the chart all this fibonacci wooowooo became clearer and clearerer.... btw we looove the wooowooo. You are probably looking at some of these fib values and wondering where they come from or if I just made them up to suit me. NO! My mentor backtested all of these over 15 years and thousands of charts and i am eternally grateful for that. The circled points are the main Energy points that jumped out to me, but thats definitely not all of them. The Green Horizontal lines are overlaps of up to 6 different Support&Resistance in combination with Fibonacci values. Again these INS lines are not random, they are S&R that is being calculated based on previous day price action, so as of monday they will change again but we do see some nice reverse compliance over the past. This post (comment) is for educational purposes only. Past trading results DO NOT guarantee future performance.
FX:XAUUSD
by AlexandreFXKG
LTC the perfect Long! On the Daily we have a beautiful falling triangle, and a very low risk to extremely high reward potential play! with my count I am getting to this correction being the end of our 4th wave, I am playing it safe by placing a take profit at 0.618% range at 330-340USD for 85% of my total LTC portfolio and remaining 15% to be divided between 0.786(400USD)-2.618(1000USD). my stop is at 88USD. Good luck all. this is only my actual current trade and not an investing advice to anyone. trade at your own (low)risk ;)
BITFINEX:LTCUSDLong
by H3H