Buy Zone USD CADI've been following USD/Cad this week and it made a big drop. Price is currently at a major support level and is valid to say it's touching the uptrend line. Should see a pullback, A keynote is the RSI is oversold and crossing on the 1HR Timeframe. I'm going to aim for the 61.8 fib level as the TP Zone and will adjust Stop Loss as price progresses.
IDEA
BAJAJFINSV1!29-11
Daily chart of BAJAJFINSV1!
LTP: 1645.15
Trendline (200 EMA) is bullish. Manual trend is sideways.
The first look pattern is similar to a bullish continuation flag.
Support is at 1517.15 (manual) and 1561.35 (200 EMA)
Multiple resistances at 1719.15 & 1774.50
RSI is below 50 and the arrangement is bearish as well.
First rule of trading is that one should never trade against the trend. Here, when the trend is bullish, our strategy should be buy on dips.
Keeping in mind that the RSI is bearish, we will wait for RSI to get in the oversold zone or closer and wait for a bullish reversal to enter into long positions for trading.
My idea is to buy between 1550 & 1575 with an SL of 1500 for targets of 1700++
Link swing short idea Greetings from Team : Trading The Tides.
lets discuss a short sell oportunity on (Link USDT )
Target area for initiating short : 7.3
DCA Limits : 8 to be exact as there is a big gap remaining
TP : 6.8 , 6.3 thats a swing position so
SL : no sl
Hold Time : short - mid term
Technical Chart Pattern: structure gaps , rising wedge
Posible liquidity area : 8
Exchange: Binance
Rules :
We use big capital with less leverage .
Max leverage : 3x
Better take trades with 1x.
We only post the exact setup we are following for the trades .
But DYOR .
Not a Financial Advice !
From Team :
Trading The Tides
Like , Share ,Follow
Thanks a lot and see you soon on the next trade .
EURNZD continuation ideaEurnzd never gave us the reaction we wanted from our bigger demand zone so now we are looking for trend continuations...
OB highlighted is one of our only unmitigated zones left in our current range...
We will be watching for a reaction and entry from this zone!
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short entry with limit order on an areas of OB and OFhello guys I wish you the best.
i had an opportunity to enter with limit order in the direction of the institutional foot print therfore I just set and forget with the SL and TP about a day before market give me the opportunity to be a part of it. now I just chill and look at it .
cheers 🥂.
Ren usdt limit short trade idea Greetings from Team : Trading The Tides.
lets discuss a short sell opportunity on (REN/USDT)
Target area for initiating short :0.11
DCA Limits :
TP :0.09
SL : not yet .using hedge mode
Hold Time : short
Technical Chart Pattern: rising wedge
Posible liquidity area :
Exchange:binance
Rules :
We use big capital with less leverage .
Max leverage : 3x
Better take trades with 1x.
We only post the exact setup we are following for the trades .
But DYOR .
Not a Financial Advice !
From Team :
Trading The Tides
Like , Share ,Follow
Thanks a lot and see you soon on the next trade .
BAND Bullish consolidation Hi Tradingview,
BINANCE:BANDUSDT
BAND has double bottomed at 1.7046. We are expecting bullish movement to the 1.72 fibonacci line then continueing to 1.75+
We can also see TSI is curing towards a bullish takeover on the 1 hour timeframe.
Trade Parameters
Entry 1.70 - 1.72
Stop loss: Below 1.69
TP1: 1.72
TP2: 1.75
TP3: 1.8
EURUSD SHORT IDEA! (RETRACEMENT) Looking at price making a push to the downside to either give us a nice short back to 0.99 or just catching a small retracement before then moving higher. Before taking this trade I want to see a bit more price action around this resistance area! Looking for even star formation on the 1-4 hr or a right shoulder second rejection..
Very futuristic GOLD-USD idea.Here is a double top with a potential third touch before reversing again. That's my idea for now. If it manages to break above then I think it will have a higher chance of being a fake out. At last, it might just break above and reversing totally. So that means even if I fail 2 times before, the third will be a win with a very high chance and I will then win back both the two last losses and still gain a little cash. This is the meaning behind risk management.