As per the video I think EURCHF is at a good place with great RR to enter some short positions. For months the trend has been downwards and I'm hoping to catch that trend again down to the next point.
As per the video idea price action is at a perfect place to sell, great risk reward. we've seen some lower highs and we are at a place now where it could sell off again.
As per my longer term EURJPY video idea last week I have now entered short waiting for the 73% fib to be hit which is my preferred level on retracements. It's a longer term trade so need to let it play out
As per the video the pound has been in decline over the past years so am looking for longer term shorts. On the weekly price action looks toppy and there's a good risk reward potential for entering short now looking for a retracement to 50% or even further. Whether it will ever reach parity or simply bottom out and climb remains to be seen in the future.
See chart. Horizontal consolidation was broken to the upside. Waiting for a pullback to the breakout level now. If you have any questions - feel free to use the comment section below ...
#SPY - For my long term people! I know a lot of yall are asking me about my personal long term positions. When I did my last long term projection of SPY back in March 2022 I said that SPY will hit $390 before June We hit $383 May 2022 then bounced hard ✅ I've been out of my long term since March 2022 most of you probably remember that I've been shorting the market...
Nice falling wedge on CAT here along with some slight bullish divergence on the RSI. Will be watching CAT closely here for a breakout from this wedge (Broader Market Conditions Permitting). Definitely worth noting that CAT is a relatively slow mover so likely will be a longer-term play. Bullish- just some support and resistance levels and some RSI-based supply and...
ENPH starting to look really nice here after pulling back to the 200-day EMA following new ATHs. Big falling wedge forming on the 4-Hour and Daily Timeframes. Certainly a longer-term play, however, bullish and will be looking for a breakout from this wedge (Broader Market Conditions Permitting). Just some support and resistance levels to watch along with some...
TAN along with the solar sector starting to catch my eye here- Holding a big symmetrical triangle with a falling wedge at the end (See Attached Chart Below). Undoubtably a longer-term play, however, solar's price action tends to be quite cyclical so will certainly be looking for a breakout from this triangle and wedge (broader market conditions permitting)- Just...
NKE looking interesting here sitting right on its 20-day EMA, falling wedge on the 4-hour and hourly timeframes along with what appears to be a big ascending triangle forming. Just some support and resistance levels to watch along with some RSI based supply and demand zones to keep an eye on in the meantime- Certainly a longer-term play, however, bullish and...
Looks like we either broke out or are about to. Looks bullish nonetheless though. Orange lines are potential targets. Not sure if my fib extension is correct, but the $5 feels like a safe bet. I'm def filling my bag with some Enj for the 'Long' long though. ✌
Push Play!!
We've seen some rapid bullish movement on this pair over the past few weeks, almost 10 weeks straight up. This pair is well overdue a major correction and I really like this area to take a short. We're just about on the 886 reversal on what is a HTF bearish chart. Until price action breaks those previous highs this is still bearish in my eyes and this area gives...
BPCL is at a very crucial level. A good short trade is expected. Breakdown of 2 months trend - Good fall . Breakout trade can give 1% to 1.5% targets. Short below- 390 Target 1 - 380, Tgt 2 - 370. St Loss - 395 Buy above - 395 Target 1 - 400, Tgt 2-405+ St loss-390
BEARS COULD BE IN CONTROL HERE..... WITH LOTS OF GAPS AND MUCH BEARISH PRESSURE WE ARE SEEING THE BEARS MOVE THIS MARKET TOWARDS THE DOWNSIDE .. IF ANY BULLISH MOVEMENT COMES FROM THIS WE COULD SEE THE RALLY TO 1.08894 AREA BEFORE FURTHER MOVEMENT TO THE DOWNSIDE .. LETS KEEP AN EYE OPEN
My second position in the lithium sector, and again not the best entry at .52 so was in the red for a few weeks. This is a small position to start with until I either see a break of the longer down trend line or some good higher lows. I will be looking to add to this position on the break of the .55 resistance. I have no target set as this is a long term position...
Hi Traders EURCAD is coming into an interesting area on the weekly timeframe. One we could either bounce of or break throug for a longer pullback. The Hitman indicator is still bullish at the moment but the coming candle might change that bias. I will watch for price action clues on the daily to see if we break through that weekly support or we bounce of and go...
Complete analysis. 322,62 USD +10,12 (3,24%) Tehnical : 1. We are in a very sharp uptrend, which indicates that buyers or bulls are in control. 2. We do not have any bigger pullback. For a healthy trend we need pullbacks, they are needed. 3. When we do not have any pullbacks in uptrendm we say trend is extended, and has a possibility of a big pullback or even a...