IDEA
MARIS SPINNERS : Future Multibagger !!!Potential Multibagger:-
Fundamentals :
Company is expected to give good quarter
Company has delivered good profit growth of 42.2% CAGR over last 5 years
Technicals :
Stock is testing 2019 demand zone.
Good to accumlate around 55-66. add more if comes lower.
Targets can be 80, 100, 150, 200+
Safe can exit below 44, with small risk potential of big targets.
-Saptarish Trading.
Bitcoin Shorting IdeaGood evening Traders,
We had a wild week in legacy markets but also in crypto. With Bitcoin setting new highs, Gold above 2000 USD/oz, we seem to have a steep bullish sentiment of "store of value" assets. This move on both assets is an opportunity, what you need is a plan, a plan that helps you profit.
Here is my Game Plan:
- Bitcoin needs to push into box between 28500 and 29500
- We need to see some price consolidation
- No big spikes above 30k (otherwise idea is rejected)
- Drop right onto 28500
- Further consolidation needed
- Once we break below 28500, trade is activated and I will be looking to short
- Short when Bitcoin breaks 28300 clearly
Hope this helps, but make sure to watch the video to understand the idea.
Leave me a follow if you enjoy my content!
Best
TraderCH
GBPUSD | COULD IT BE A BUY OR MAJOR SELL!? 📌 Potential BUY setup for: GBPUSD
👨💻 Technical: Little update, GBPUSD had pullback slightly and found bullish pressure earlier, currently forming a not finished M pattern if it breaks neckline it can start to show bearish pressure, so caution.
🎯 For an ideal entry: Depending how it reacts you could wait for a pullback of the bullish channel and between the 2 moving averages enter long to re-test previous top level, however, caution is advised due to the high volatility news coming up later today.
AUDCHF | could be a good sell!? yeah boyhey traders!
bearish engulfing on the daily suggest further movement towards daily low, overall market direction bearish, and a nice recent break of moving average does suggest a push exhaustion cycle, overall good price action, however huge fundamental news today for US and tomorrow for GBP, this could cause CHF to gain/lose power, being a safe haven currency. ✅😊
GBPUSD | POTENTIAL BUY SETUP Hey Traders!
📌 Potential BUY setup for: GBPUSD
👨💻 Technical: Similar to EURUSD, on a monthly area of sensitivity, all the other timeframes are showing bullish pressure, it could be that a continuation bull move will happen if it pullback towards the 2 moving averages.
🎯 For an ideal entry: Waiting for that pullback would be ideal, entry confirmation off the 4h channel or moving averages and then aim for the top of higher timeframe resistance, should give you a good risk reward.
EURUSD | POTENTIAL SETUP FOR A BUY📌 Potential BUY setup for: EURUSD @everyone
👨💻 Technical: Monthly timeframe is still trending down, however all the other timeframes are bullish, I expect a pullback and then a potential continuation, but be careful high volatility news tomorrow!
🎯 For an ideal entry: Waiting is the best name of the game here, its way to far away for entry now, a pullback that would confirm entry would be the best bet.
USDCHF | COULD BE A GOOD SELL TRADEHey everyone a nice descending triangle into a new low does show bearish momentum, overall market direction is also bearish, stoploss covers 2 moving averages which should in theory hold well in this bear market. Tomorrow interest rate decision for US dollar HUGE news if anything changes, could get volatile.
EURCAD | LOOKS LIKE IT COULD BE A GOOD BUYHi everyone and happy Monday! :) Let's start from the monthly: the price is aiming to break MA 50 and MA 100, and on the weekly, we have already crossed MA 200, which is a HTF confirmation suggesting a bullish bias in the market. Strong break through the daily resistance and the 4-hour bullish engulfing candlestick closure to confirm our entry. Today we will have two speeches by President Lagarde, one at 2 p.m. and the next at 4 p.m., so please keep that in mind.
AUDNZD | could be a good trade towards the downsideHey Traders!
Most timeframes very bearish, we are on a strong support level on the monthly, but we don't know when that will engage or if it will find buying pressure, weekly timeframe broke 200 moving averages does suggest a bearish trend continuation, all other price action also looks bearish.
Gold Analysis and Trade Idea for 20-Mar-2023Ok so market is at resistance level and we can see the resistance at 1990 and market can give fake breakouts up-to 1994 so till that price I won't recommend buy. While we can see a 4H bearish divergence which is indicating that market is going to drop this price level so my bet is for short term bearish market that can go up-to 2-3 days. What I will do in this market is scalping i'll short the price from 1990 with sl 1994 and log it near 1960 with sl of 1958. If it is an accumulation phase then market can give us multiple successful entries. This is my plan until se see the break either upwards or downwards. Overall trend is bullish so market can go up for $2007 before going further down.
NZDJPY | COULD WE HAVE A SLIGHT SHORT RUNHey everyone This trade is interesting, its on a bullish monthly channel, however all other timeframes are in favour for another bearish run, we just broke 12 hour m pattern which does suggest a one more time continuation to maybe then bounce off that higher timeframe channel. 💯 🔥 🚀
US30 Buy IdeaI wanna see how this plays out. US30 should push higher to sell off. We have break of structure and double confirmation on MACD + RSI.
Buy to sell action.
Yemi_FX | Short for EURCADAfter the impulsive leg, price start to consolidate printing a bearish flag continuation pattern. Anticipating for the next impulsive movement.
I'll be considering
A Risk entry type at the top of the bearish flag structure at an area of value.
Reduced risk entry after the impulsive back down followed by a tight flag or break of the flag.
Share your thoughts in the comments and show your support for the idea by liking it. Thank you for your help.
EURUSD | A PULLBACK TRADE COULD BE GOOD IF...Hey Traders!
We are on daily support at the moment, depending if it breaks it or not will make this trade valid or invalid, however the 4h timeframe does suggest a pullback, and look for entry off the 20-50 ma's with a shooting star or bearish engufling as confirmation to enter the trade short.
EURUSD$EURUSD
EU made a short push to the upside but couldn't push pass 1.07492 breaker after CPI.
Since that's the case, I'm looking for EU to move to the downside.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!
NZDCHF | COULD BE A GOOD SHORT SELLHey Traders!
Hey everyone hard markets today, but after 2 hours we found something that could be worth our time, its not ideal but we should be able to re-test the previous bottom level on the 4h timeframe, I expect a bigger burst of sell orders at the top of resistance, that's likely the turnaround point, maybe waiting for that could give you a better risk reward as well.
USDJPY$USDJPY It's been a crazy time in the world and in the markets.
UJ has dropped and now it's heading back to the upside.
I'm looking for price to reach 133.594 for starters before continuing on up.
Everyone have a safe and prosperous trading week.
Disclaimer: This is not trade advice. Trading foreign currencies, stocks, indices, etc can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the financial markets, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose!!!
Good luck and Happy trading!