Longtrade
Delta Corp - getting ready for another jumpDelta Corp Ltd's price action is quite strong, it saw a good move and then consolidate for 3 days, and current levels are good levels to pyramid further.
If stock sustains 170 levels, it is probably moving towards 190 levels.
Refer to the linked post for detailed analysis
Auropharma looks goodAuropharma looks good, sustaining 1025 levels, it could move 1056 levels in the near term.
USDCHF Long Trade SetupThe downward structure can be a complete correction. If so, we should have a reversal impulse and now, it should be making a correction. That's why I placed an entry order. The next upward movement will break the trendline, and then we'll see how far it will go before a bigger correction.
Today My Successful long Trade for Eurusd Hay guys this wonderful Movement and happy with Today My Successful
long Trade on Eurusd
BAJAJ AUTO - Stock surpasses the targetBajaj auto trade was identified when it was trading near 3800 levels, ( please refer to the linked post ). Now the stock has not only hit the target but also trying to surpass it. Booking some Partial profit booking and rest trailing with Sl
USDCAD Long Trade SetupThe last low can be the end of the monthly regular flat and the next wave can be a huge upward impulse. After the orange C, it made an impulse, which broke the trendline, and a correction, which bounced back from 0.886 retracement level. So, we may have a complete reversal pattern, and it seems a trade setup is in the making. That's why I placed a pending order.
SHIB has changed its formationDue to Bitcoin collapsing, SHIB changed its formation.
I think after a little downward movement, it forms a new upward trend.
In fact, I don't expect it to form a powerful trend because wave 3 was extended and wave 4 had a sharp collapsing.
Bullish Up Wave 5 and Inverted H&SSeems we will be going up to wave 5 as per the shown targets. Also Fib levels show the same in confluence. Moreover, there is an inverted head and shoulders pattern potentially forming.
I am not a financial advisor and this is not financial advice. It is merely a potential or opinion. Invest at your own risk and do your own research.
Bullish Up Wave 5 and Inverted H&SSeems we will be going up to wave 5 as per the shown targets. Also Fib levels show the same in confluence. Moreover, there is an inverted head and shoulders pattern potentially forming.
I am not a financial advisor and this is not financial advice. It is merely a potential or opinion. Invest at your own risk and do your own research.
USDCAD Long Trade SetupSince the previous weekly low was broken, we may have a complete regular flat. In this case, it will go up and break the previous top at 1.47. Of course, the C wave might not be finished. In this case, we will have a correction and more downside. Now, I'm waiting for the A wave to take a long trade. Although my expectation is a bigger correction, I don't want to miss the next impulse if it goes up directly. If it makes the B wave, I'll hedge my trade.
Hindalco looks good on all the timeframesHindalco was on the top gainer's list yesterday, registering a gain of approx 3%.
The price action on all the time frames looks positive and it's likely and it could continue the move further on the upside in the coming trading sessions as well.
To continue the upside, the stock should sustain above 380 levels and the immediate resistance it has is around 400-410 levels.
M8G Media and Games Invest PLC - LONG Be prepared to buy the pullback for a potential
gain of 40% with the target set of the 1-1 Ext
at the top of the ascending channel .
This will be a long term investment
Know your invalidation and use a SL
This stock is trading on the OMX30 Stockholm stock exchange
Tezos XTZ 40% Move to new ATHs
Fib Ext Pull and Fib Speed Resistance Pull
Target .618 and expecting some resistance at this area before a move to the the 1-1 Extension
for fresh ATH and potential continuation .
The move allows for a 40% return , do not FOMO I expect a pull back when we hit the .618.
or even before given BTC potential volatility.
Of course determine your own entry if you cant wait for that potential prospect.
****Please also note that any ALT setup regardless of how strong it is can be destroyed by
aggressive BTC moves *****
Another observation I want to make is that the areas I have highlighted are where pullbacks have
occurred literally around the same time each month . 21 Jan , 23 Feb , 25 March , and 23 April .
Im not suggesting that come the end of May we will see the same but its worth noting and
just a pattern that I noticed had played out throughout this year .
Also each major correction has pulled us into the .382 speed fan resistance or close too it .
Ensure that you have a trading plan with a clear invalidation and SL
Ok well Thanks for reading and any questions pls ask , Like and FOLLOW for more of my content and Analysis .
NZDCHF Long Trade SetupWe may have a complete correction and small reversal structure. Actually, we may place an entry order over the last top, but I don't want to do that because there is still a chance for one more downside. That's why I'm waiting for a small trade setup after the running flat. If I get it, I'll place a pending order and move SL to BE when it breaks the last top.
Pirate Coin ARRR Breaks out of Wedge 60% Measured Move inbound Pirate coin breaks through resistance on falling wedge
Provided BTC s volatility is steady and we close outside of the
resistance . We have a measured move up till 16$ and potential
to complete 1-1 EXT at $20 USD ..
But first lets get a close outside of the resistance .
Manage your risk and know your invalidation
Pls Support my analysis with a Like and Follow for more setups
EURCAD Long Trade SetupMy expectation is a quite big upward impulse after the current correction. That's why I want to take a long trade. We have some sort of squeezing structure at the end. It can be a strong indication for completion of the correction. Now, I'm waiting for a reversal pattern to place a pending order.
EURNZD Long Trade SetupThe blue ABC may have a complete contracting flat. If so, the last upward movement should be the reversal impulse. And the last part looks like a correction. That's why I'm waiting for a small trade setup to place a pending order.
EURJPY Short Trade SetupMy forecast is a pretty big drop, but before that, it looks like we will have one more upside after a correction. I don't think the running flat is over, but I will take a long trade when I see a valid trade setup. After a new high, I'll hedge my trade, and hopefully, I will catch the starting of a huge drop.
$THETA broke out of 3 weeks consolidation, what now? Theta coin has made an impulsive move to the upside and broke out of its 24 days long consolidation between 11 and 13.5, and it's currently retesting the breakout as new support. This is healthy price action and provides us with an objective entry anticipating more upside. It is also supported by a few indicators.
Pros:
- Broke out of consolidation box between 11 and 13.5, now bouncing as support.
- 4hrs bullish divergence. Price made high low when RSI made a lower low.
- It's currently making a bullish wedge after a successful breakout.
Cons:
- Could be a false breakout, with volume significantly decreasing afterward.
- We haven't confirmed the breakout of this bullish wedge yet.
Entries:
- Aggressive buyers could choose to enter now between 12.8 - 13.8.
- Conservative buyers should enter as the price breaks the falling wedge at 13.8.
- The trade is a 3.2 R/R trade indicated on the graph.
Personal PT: 16.51 / 17.48 / 20.28 (unlikely in short term)
Personal SL: 11.8
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