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Longposition

Netflix in large Cup and Handle PatternNetflix appears to me to be completing a large cup and handle pattern. The initial peak of the cup appears at a price level of about $485 while the base appears to be at a low of $345. This price difference is $140, so I suggest the possibility that a new price target for NFLX should be at $625. The handle has just been broken in the upward price direction and I am trading this to that price target unless invalidation occurs. I am watching for the stock price to hold the $485 support that was once previously a resistance to confirm the trend and avoid invalidating the technical formation.
NASDAQ:NFLXLong
by Avatar_Trading
"BAKE/USDT Long Trade Analysis: Falling Wedge Breakout Signals RTrade Setup for BAKE/USDT: Long Position Analysis: BAKE has broken out of a falling wedge pattern, indicating a potential reversal. The current market situation involves a retest after the breakout. Entry: Entry Point: Current Market Price (CMP) Additional Positions: Consider adding more if the price drops to $0.2228. Targets: $0.255 $0.277 $0.2944 $0.32 $0.38 Stop Loss (SL): Set the Stop Loss at $0.2138 to limit potential losses. Leverage: Use leverage cautiously: 5x to 10x. Risk-Reward Ratio (R:R): Risk-Reward Ratio is 1:6 (Lucrative). Caution: Use leverage in accordance with your risk appetite and be conservative to mitigate significant losses. Perform your own research (DYOR) before making any trading decisions. This information is not financial advice.
Long
by CRYPTOMOJO_TA
MNTUSDT----> new ATH if...Hello to all you crypto lovers! I hope you like my new design :) First, let me say that this currency MEXC:MNTUSDT does not have a high market cap and market depth and may have a lot of fluctuations, so enter with a very, very low percentage of your capital . second, Assuming that the current upward trend of the market is maintained , it seems that there is a good buying position on MEXC:MNTUSDT Generally If the yellow line is broken by the price with power and momentum, I think the price of 60 cents and above (new ATH ) is not out of mind, and if the blue line is broken, we will hold back for now! Considering the above conditions: Entry 0.42$ TP in order 0.5$ 0.6$ 0.76$ SL (Depending on your risk tolerance and the amount of your investment) 0.34-0.37$
Long
by OdinSights
3
Video - Powerful EUR Fundamentals - AI suggests Technicals AlignGreetings, fellow investors, and welcome traders! I t's a video tutorial to share the knowledge behind my charts. If you're tuned, I'll continue sharing follow-up AI and FOREX content because there's much to learn from each other. T oday, I'm excited to share with you a fascinating generative chart I've created using a deep learning neural AI. This advanced technology enables us to analyze historical price data and identify potential future price movements. I t's a bullish trend, with daily candles aligned in an upward trajectory. I've initiated a long position at the support level, and our AI analysis indicates the potential for further growth up to the resistance level. While we might encounter a slight pullback below the double resistance, it's important to note that investor sentiment doesn't suggest any significant bearish signals. S tay tuned for follow-up content where we'll delve into more trading scenarios and strategies. It's not an investment advice. Kind regards, Ely
Long
by Elysian_Mind
2
The bulls have a major advantage⭐️ Smart investment, Strong finance ⭐️ GOLDEN INFORMATION: Gold: The next milestone to watch out for is the 2023 high, reaching approximately $2070. The price of gold continued to rise towards the end of last week, ultimately closing above the important threshold of $2000 per troy ounce. However, this increase in value was accompanied by a decrease in open interest, indicating the possibility of a correction in the near future. Meanwhile, the next significant resistance level for gold is expected to be the peak of $2067 reached in 2023 on May 4th. ⭐️ Personal comments NOVA: The beginning of the week witnessed great FOMO among bulls. Gold price is approaching the strong resistance zone in 2020. This is the period when Gold price creates a new peak this year. ⭐️ SET UP GOLD PRICE: 🔥BUY GOLD zone: $2001 - $2003 SL $1997 scalping TP1: $2009 TP2: $2014 TP3: $2020 🔥BUY GOLD zone: $1990 - $1992 SL $1982 TP1: $2000 TP2: $2012 TP3: $2020 ⭐️ Technical analysis: Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable BUY order. ⭐️ NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
OANDA:XAUUSDLong
by Nova-Scalper
7
The cup and handle formation XRPUSDTHow Did the Cup and Handle Pattern Form? The cup and handle formation appears when there has been an upward movement pattern. This is a bullish upward continued pattern. The trend is confirmed as cup and handle formation only when the stock price surpasses the resistance level and shows an upward movement. Only then can a trader get a confirmation that the higher price stock movement is going to sustain. When a stock begins to move upwards and shows a bullish pattern, traders continue to invest in the stock’s growth and positive trend. As the stock breaches high levels, investors who came in at the beginning of the uptrend start booking profits. At this level, the upward trend halts, and the price falls with selling pressure. At this stage, the cup formation curves downwards in a bowl shape. As traders and investors continue to book profits, the cup moves lower, indicating a temporary downward cup. At these levels, savvy investors, traders, and institutions begin to pump funds into the stock at attractive levels due to the fundamentals of the stock or value buying. At these low price levels, buying comes in, and with buying pressure, the cup curvature starts moving up to reach the resistance line. At this stage, an entire curved bowl-shaped cup is seen. The handle emerging here is interesting to note and indicates human psychology. The trader who had invested at the peak of the resistance line before the stock dipped is eager to take his capital back as the stock moves up. Moment stock touches the resistance level, and this trader sells. Also, the traders who started buying at the bottom of the cup look at the resistance point as a safety level to book profits. There is selling pressure at resistance levels, and the upward cup shape is halted. The volume of stocks also identifies the cup and handle at the beginning of formation at the end of the cup curve. The volume of shares is low at the end of cup formation as the selling is not heavy here. The investors who bought at the previous resistance level their capital and sell. Short-term traders without a fundamental view sell at the seeming peak of the stock. The institutions and experienced investors hold on to the stock bout at cup bottom. The selling volumes are low and don’t push the stock price down. The buying also continues, and if large volumes of buying hold, the stock breaks the resistance level, and upward trends emerge, making a handle pattern.
Long
by MantasJogminas
2
NZD/ CHF !! Aiming for higher highs during the week✍️ NOVA hello everyone, Let's comment on gold price next week from , Last week of November 🔥 Identify: Prices are in a long-term upward trend at the end of the year. During the week, the price will adjust downward after reaching the resistance area but will continue to increase to reach a new peak 🔥 Technically: Based on the resistance and support areas of the gold price according to the H4 frame, NOVA identifies the important key areas as follows: Resistance: 0.53950 Support : 0.53350, 0.52900 🔥 NOTE: Note: Nova wishes traders to manage their capital well - take the number of lots that match your capital - Takeprofit equal to 4-6% of capital account - Stoplose equal to 2-3% of capital account - The winner is the one who sticks with the market the longest
Long
by Nova-Scalper