AUD CAD Long Entry AUD CAD has just had a 0.45% sell-off towards the area of a key support zone, (0.90934). The price was previously consolidating for a period but then broken through the support level of 0.9138. This level is now the resistance zone and the target for this long entry. The RSI levels are very oversold on the 4hr chart which complies with the long entry. The support level for this trade is at the April low of 0.90203.
Long-entry
$MIRM empire strikes back*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
If you take the chance to review our previous works, you may have noticed a simple trend...we are getting to the money every time! However despite our many triumphs there are plays that we prefer not to discuss amongst ourselves. From that tiny list $MIRM is definitely at the top. In the past my team doubled down on a position but we were wiped out after our stop-loss took us out of the trade.
My team entered $MIRM on 10/29/21 at $15.70 per share. Our first take profit is at $26.
Earnings are expected to be released on 11/3/21
Ego is a bitch. Lets get it.
OUR ENTRY: $15.70
FIRST TAKE PROFIT: $26
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HOPEFULLY BULLS WILL STRIKE IN AND HIT MY TARGET.The first question i always ask myself is "who is in control of price?" that way i can analyze my trrading from a price action point of view.
So, who is in control of price on this one? First we have a bearish trend followed by a tiny pull back and then an indecision candle which tells us that the bearish power might transitioning to the bulls. Of course i might be wrong, but that is why i keep my Risk/Reward a 2:1 minimum, that way i only have to be right 40% of the time in order to be profitable.
"Trading is not about being right most of the time, its about being profitable" - Anonymous
Trading Details:
Time Frame: 8hr
Entry: Above the high of the indecision candle
Stop loss: A few pips below the Indecision Candle
Risk/Reward: 2:1
Account Risk: 2%
Bybit Inverse Perpetual XRPUSD PairHere I show what I believe to be a good short-term entry for quick profits on xrpusd as long as we get the retest. The bounce with indicate a lead to confirmation towards more upside. Of course, it's always the next few minutes that determine the next few minutes. With that said, no financial advice, Safe Trading!
JPM Great Entry Yesterday I briefed on JPM, stating that it was a potential buy depending on if it holds its support. It is holding it fairly well while also indicating some other buy signals. This leads me to conclude that I believe it is in a buy zone and has a price target of 160(upper Bollinger Band).
Bullish Signals
-Weekly Reduction in selling momentum
-Resting Around Fibonacci Support
-B% Is on the lower scale
Worst Case Scenario
If this does end up being a false buy signal then I'd recommend watching this stock for it to hit 140.
ALGOUSD - Breaking above 50D MAForming a mis-shapen cup & handle, two recent big pumps but still trending sideways in a consolidation range. Pretty good entry if you're not in already, looking to re-test recent highs. I like ALGO because of the simple 6% interest w/o lock up, long term this should be banger, adoption presently a bit light but big things expected in the future.
FSLY LONG ENTRY - BULLISH SHARKFSLY forming a bullish shark pattern. Negative ER was the massive gap down. While most other stocks are dipping with the overall market dip, FSLY has only slightly depreciated in value. It remains quite strong and is even right above the 886 (PCZ of Bullish Shark). I have been watching this stock trying to get the literal perfect entry at the 886 but its not gonna happen imo. 4H RSI div now forming. Stop below X, targets are A and C. LETS GO BOYS!!!
Always seem to be patiently waitingIf you remember my idea with long entry for the run up from 3-4k
You will know what I am talking about.
Always seem to be patiently waiting to get a good entry depending what type of trade I am looking at.
If you keep opening positions on exchanges such as BitMEX and find yourself always chasing price or price moving against you just after opening, you need to take some time out.
Practice your patience.
FTMUSDT {LONG} >>> 76% -->BEST ENTRYThe price has reached the support zone and the next possible best move is to go long after the price crossed the resistance. here the best strategy I thought would work :
BINANCE:FTMUSDT
entry: 0.01791
TP1: 0.02354
TP2: 0.03167
TP3: 0.03740
SL: 0.01177
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VET USDT | 1D chart | Long position | 44% profit + entry
BINANCE:VETUSDT
The price is more likely to hit the resistance one more time
Entry Price: 0.010377
Take profit: 0.015076
Posible gain: 44%
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