EURAUD Long Trade SetupThe last low can be the end of the 5th wave. I'm waiting for a reversal structure to place a pending order.
Longtrade
EURAUD Long Trade SetupThe downward movement wasn't a clear one, but it should be a correction, and the last low can be the end of it. If so, we have a reversal impulse, and a correction, which is in the making. That's why I placed an entry order.
$NIO making move againWe see some movements in NIO also it about report it's fourth Quarter Results on Monday, March 1, 2021. Looks good for a short Trade for hopefully ATH :) SL 57 #DYOR
EURAUD Long Trade SetupThe last low can be the end of the correction and the structure after that can be the reversal pattern. That's why I placed a pending order. If I see a lower degree trade setup at the end, I'll modify my order. As you can see, there is a chance for one more drop after an upward impulse. That's why I'll probably hedge my trade if I see a complete running flat between the blue lines.
GBPUSD/1WIt's important to wait for best entry. we have a strong resistance above the price and support line behind it. if price will be able to break 1st resistance line completely with perfect candle above it then price will grow to the 2nd resistance line as ya see.
for long position I prefer to watch the behavior of the price between its up trend and down trend lines. break through upward and standing tall with good candle has a new approach for price and break through downward has a another way but I think price will break its resistance and going to touch the 2nd resistance.
WE WILL SEE!
NEX DOUBLE UP 2021National express will get back to trading normal soon enough and make us a pretty penny. thank you all
DOTUSD 4 hrs lets buy this dipPolkaDot is a novel token, which became available for trading in Aug 2020. As of right now it enjoys active development and enthusiasm. We wont go into details of what it is or what novel features it provides for blockchain technology (there are plenty). We will just assume fundamentals are solid, and will guide ourselves by a technical analysis of the price chart.
Recent BitCoins' all time highs led people to divert some of the profits into Etherium, and PolkaDot. PolkaDot also employs proof of stake, and can be staken on exchanges for up to ~18% yearly (apparently). It corrected itself from all time high of near 20 recently. and right now it nearing a re-buy zone. How high it will rise will depend heavily on bitcoin behavior. Briefly, we expect, if bitcoin does not drop on some bad news - PolkaDot will keep climbing higher. Based on the Fibonacci retracement, we will target 1.618 level ($29+) as a profit target, and $16 to $13 as a re-buy zone, to pyramid more into our positions. (we are getting close). stop loss slightly below $10 seems appropriate.
~ Force Vector Technology ~ Price Trajectory for GBP/JPY~Force Vector Technology ~
Predicts this price movement
trajectory for the next several days.
Follow it and trade it as you see fit.
Enjoy!
CHD: 200 MOVING AVERAGE BOUNCE PLAY, GOOD RISK-REWARDCHD is offering a good Risk/Reward play.
Bounce off the 200MA and Bullish Engulfing Candle.
If we get a bullish push we can even reach the trend line and try to break out.
Possible entry here with a stop just under the 200MA.
Investopedia definition:<>
EURAUD Long Trade SetupHello Traders
If the B is an expanding flat, the previous low shouldn't be broken. That's why I took a long trade from the bottom but it was a risky entry. That's why I risked only 0.25%. After that, it bounced back. So we can have a reversal impulse, and now, a correction is in the making. When I see a complete regular flat, I'll place a pending order over the last top.
Trade with care.
Bulent
ETHBTC Huge inverse heard & shoulderInverse head and shoulder on the daily timeframe. Breakout above 0.04 is possible, first target will be on the red trend line.
CADCHF Long Trade SetupHello Traders
One more upward impulse for a bigger complete correction is unnecessary, but the downward movement looks like a correction. That's why I'm looking for long trade setups. The last low was 0.618 retracement of the A wave and 1.272 extensions of the blue "a". We got the reversal impulse. Now, I'm waiting for a correction and a trade setup to place a pending order.
Trade with care.
Bulent
XAUUSD Long Trade SetupHello Traders
Although the reversal structure doesn't look good, I placed a pending order over the last top because 3 reasons. First, my forecast is an upward impulse as a C wave for a complete running flat. Second, the last low tagged a very strong Fib confluence level (272 extensions of green and blue A waves) and got a reaction, which doesn't look too strong. Third, gold loves slow starts. So, we can have a fast upward movement soon.
Trade with care.
Bulent
USDCHF Long Trade SetupHello Traders
The last low can be the correction's end, and the sharp bounce-back can be the reversal impulse. If so, we should have a pretty strong upward impulse after a correction. That's why I'll take a long trade if it makes a correction. But my expectation is one more downside after a running flat. If it drops and gives me a trade setup, I'll buy it.
Trade with care.
Bulent
EURAUD SUPER SWING TRADEBearish short trend weakening stopping just above support level with a bearish doji indicating the end of the bearish trend with perfect rejection. Price is just ranging in the trend channel in the higher timeframe this is a good super swing trade!
GBPJPY LONG SWING Rejection from the trendline that existed since march which made the price uptrend since then. Another resistance from the neckline of a double bottom on the weekly timeframe which indicates a bullish trend continuation.
TP1 - 141.853
TP2 - 145.082
TP 3 - 147.818
SL - 135.136
