Get started

Markup

GBPNOK 1H 120pip BUY for 24-26 March 2021Hello new trader here working on my TA pls comment and leave feedback on how I can improve. Looks like GBPNOK could be buying today or tomorrow. I don't usually trade 1H so we'll see how it goes, this is simply a trade idea not a signal but the highlighted buy zone would be the ideal place to get in on this move. If you get in nice and early you could be looking at 120pips if it hits the upper accumulation trend channel which is possible as we have a bullish bias on the short + long term. Stochastic and macd indicators are both low, SOTW ( shark out the water) is the name I give it when stoch breaks down through to 20 or 80 dashed lines, it indicates a strong buy is overdue, especially on an uptrend. Macd is usually better suited for longer time frames but we're gonna trust it here as the hidden bullish divergence seems legit - same story with stochastic. Price broke the uptrend orange line and is now below it, hoping to see a retest and break in this buy so I would set TP on the line and break even when this is hit. 30 - 40 pip stop loss should be sufficient to dodge any stop hunts. As always ensure you wait for confirmation before entering because fakeouts are common on gbp/xxx Hopefully this is a winner Vince / Vmoney
Long
by Vmoney10
2
EURNZD 1D 500pip BUY - for week starting 29.3.21Hey guys hope you're doing well reading this. Fib drawn between yearly high and lows - recent spike brought us up by roughly 400pips, we're currently seeing exhausted / rejection candles forming an arch shape, like an upside down "U" which is much clearer on the 4H chart. This is a less common trend reversal pattern, but we can put some faith in it as price is exhausted / rejecting of the 0.618 fibonacci level which is a good sign. This fibonacci level also back tests nicely to show a common area of resistance We can see great divergence on the stochastic and macd indicators suggesting there's an incoming sell move. Price is also at a monthly high so psychologically speaking selling pressure should increase. We'll have to wait this out for confirmation as the Euro has been getting stronger towards the end of this week. For confirmation we can wait until a strong candle crosses and closes below the orange trend line which has only recently been broken for this first time. As always any advice is appreciated Vince / Vmoney
Long
by Vmoney10
Spring art, art of spring Furniture producer spring art, newly listed company since end of 2019. While newly listed means a new uncharted territory, Spring have so far shown a nice months of accumulation period between 175-255. There is a clear broadening triangle pattern depicting the accumulation process. Assuming 275 is the creek, i have made the PnF TP calculation PnF= 0.005x3x25 = 0.375 TP~~ 0.18 + 0.375 = 0.555 TP2~ 0.225+0.375 = 0.60 Ready for a markup phase, Spring has formed the Wave 1 EW. Wave 1 peak right at the resistance by Gann fan 1/1 and retrace at RBS line of the broadening triangle trend line. Do note that it has made a spring up till 0.5/0.618 Fibo retracement before resting at current 0.38fibo area. Using the informations we have made the Elliot wave projection up till potential TP. Given that this is uncharted territory with less historical data, it is good that it retrace and forming a strong significant support like it does now at Wave 2 EW before continue the remaining EW. All the lines in the chart is the immediate resistance/support areas. Volume profile wise, we cannot see a clear distribution in play yet. Plan this trade with tight loss given that below this support, the region 340-290 has a thin volume profile which mean, price will move fast in any direction within this region.
SLong
by tradebrewer
Artroniq: purely TA, FA inside the oceanArtroniq aka PTB has broken put of its trading range with clear JAC,LPS, and SOS. Based on LCE PnF charting the TP calculation as follow: Pnf = 16x0.01x3 = 0.48 TP consv= 0.14 + 0.48(50%) = 0.38 TP aggrsv = 0.14 + 0.48 = 0.62 TP conservative has already touched. However, using volume profile indicators (visible range), there is no clear distribution in play yet. The current retracement at Fibo 0.38/0.6 might actually its wave 2 of EW. Using TP aggressive, pairing with EW, there is the possibility to shoot for TP 600-620, marketing wise, there are not so many herd yet. and there is a chance there will be news to attract the herd and help to push price up.
MYX:ARTRONIQ
by tradebrewer
Rgsport, don't even think to call her real name!!!Been accumulating since the very beginning with clear chart pattern of cup and handle and possible inverted HnS on the right-hand side of chart (the classic accumulation pattern) This study is a little bit too optimistic by taking PnF TP all the way since end of 2018 till date as seen in the chart Grand PnF= 25x0.01x3 = 0.75 TP consv = 0.32 + 0.75(50%) = 0.695 TP2 = 0.32 + 0.75 = 1.07 Currently she just seems to be done JAC and a breakout from the Accumulation Trading Range. Bright side, she stay above the Creek for longer period now compared to previous few breakouts. So, very high chance she is now forming the LPS before the Mark Up phase. LPS intact as long as she doesn't break 350-360 support level (RBS)
MYX:RGTECH
by tradebrewer
POTENTIAL AUDUSD BUY ? Had a friend ask if anyone was watching AUDUSD so i sent a markup on MY outlook on it and what i could see happening if it plays out as shown in the markup. Personally not taking the trade as it does not fit my trading plan but why not drop it as a lookout for the trading community :) Please like and comment it pushes me to keep creating content on pairs and my bias on it :) -This is merely MY outlook and not advice on what YOU should do just my opinion on what I see
by yonsfx
3
Bitcoin ShortWhats up traders, Before I give my analysis I want to thank you guys for all the likes, comments, and follows. This is our 50th post on Trading View, and trust me we will not be going anywhere any time soon. Expect more from us in the future! -LobFXEmpire If you been trading Bitcoin you know its been going up in value a TON, but what goes up MUST come down! If you're like me your going to try to catch the bulls and the bears! I'm seeing price retest a key area and going down to about 11700-11600, or even the daily support I have plotted. The daily candlestick closed while price was attempting to make a move towards the bears, and then obviously opened a new candlestick an started to rise, but its most likely a fake out. Just a thought, what do you guys think? P.s. I also spotted a head and shoulder on the 4HR TF indicating downward movement
BITSTAMP:BTCUSDShort
by lobfxempire