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MMM

MMM 16 DEC 120/125/130 BUTTERFLYSIDEWAYS RANGE TRADE SET UP: For the most part, this has been making relatively equal highs and lows between....let's call it 120 and 130. The 20 day and 50 day are flattening and it's not in any strong rally or strong pull back. I determined my target using the hour chart. I was thinking about having this expire this Friday, but I didn't feel that was enough time so I put it out until next week. I'm set up for max loss and risking only about 1% of my portfolio.
NYSE:MMM
by MMOTA_
BTCUSDT H4 potential short price reached HTF supply zone, even it broke above previous H (upper wick on Dec 1st) and created HH but price formed an evening star then dropped once price backtest supply zone and "appear bearish signal" within new formed supply zone, can consider do short HTF is still bearish, e.g., day chart but price has moved upside and continues make HL-HH-HL-HH since Nov 22ndb (H4) Therefore, place order only if "bearish signal" appears entry, SL, TP are given on chart All are just personal opinion, not investment advice.
Short
by Aki_0123
4
AUDCAD H1 potentail short position As mentioned on the chart, also, there is a downtrend resistance line so if price backtest demand zone (upper green block) and price action within my expectation (uptrend momentum continually gets weak) it may be a short potential position but place order only if apparent bearish signals appear, could be bearish engulfing, evening star...so on, also could check it in LTF entry, SL, TP all given on chart. it's just personal opinion, not investment advice!
by Aki_0123
GBPUSD H4 short order Fundamentals: CPI 7.7, better than expectations DXY falls US dollar weakens Non-U.S. Currencies go up *Technical : Price has reached previous HTF supply zone also accumulated liquidity before If there is a clear reversal signal inside the red block (can be found in LTF) Could be bear engulfing, downside trend... Consider placing short However, with the recent sharp weakening of the U.S. dollar, and just broke through downside resistance line in HTF RR isn't that much It is safer to wait for a clear signal to appear before entering Entry TP SL are given on chart More conservative, can manually close order at TP1 All are just personal opinion, not investment advice!
by Aki_0123
GBPUSD H1 potential long positionGBPUSD has moved bullish for a month and a half (lowest on sep26) if price backtests demand zones (which are given on chart, the green block) and appears apparent signal, consider placing long position TP approximately set RR2 Personally prefer waiting for price backtests lower demand zone Placing order at upper demand zone please confirm "bullish signal appearing" US CPI will be announced on this coming Thursday, to avoid the voliate, can consider manually TP if you place the order. All are personal opinions, not investment advice!
by Aki_0123
3
ETHUSDT H1 Bullish targetsame as bitcoin Continue to rise after breaking the pressure of the descending parallel channel long position, next TP look at 1688 then 1715 Only after breaking through those two points, will have more momentum to hit supply zone ( lower edge - 1755 ) crypto market is usually less volatile during weekend It may be impacted after stock market opens on Monday Carefully consider risks no matter you already hold or consider placing any order. All are personal opinions, not investment advice! Enjoy the trade!
Long
by Aki_0123
BTCUSDT H1 Hi if price backtests demand zone and appears bullish signal, could be bullish engulfing, morning star, hammer...so on entry - demand zone when signal appears SL - lower edge of demand zone which is given on chart can set a bit more space for preventing fake move TP - 20798 It's supposed to be an uptrend parallels channel but faces a bit of selling pressure, so TP at the point which meets the resistance line which is given on chart as well all are just personal opinions, not investment advice! any suggestions and feedback are welocme!
Long
by Aki_0123
4
GBPUSD H1 potential short positionHi As chart If price breaks out of the below supply zone (red block below) Uptrend has momentum to continue rising But it has possibilities to meet selling pressure since there is a resistance zone that hasn't been successfully broken since 9/22 decline. When price hits the upper supply zone and there is a "clear bearish singal" could be bearish engulfing, evening star... so on I'll consider placing short position for short term After all, it has gone up for a while RR 1:2 but depending on the situation DXY drops and there is a new UK minister, unsure what policy he will do on currency. UK also took office as a new prime minister, and he doesn't know what policy he will have on the currency. All are personal opinions, not investment advice, all suggestions and feedback are welcome!
Short
by Aki_0123
BTCUSD H1 Potential short positionpersonally tend to place short position at the higher supply zone (is given on chart) The finance market's volatility also impacts cryptocurrencies e.g., DXY So place orders only if apparent signal appears when price hit supply zone and appears bearish signal then try short position (could be bearish engulfing, evening star...so on) All data are given on chart Just personal sharing, not investment advice. Any suggestions and feedback are welcome!
Short
by Aki_0123
9
EURJPY H4 potential short positionAfter retracement, price goes upside and is close to previous H(9/22) but the upward momentum has slowed down and it is close to HTF supply zone( is given on chart) which is also 8 years high If the price goes up to supply zone and bearish signal appears, consider entering the short position SL: 145.8 TP1: 143.03 TP2: 142.60 TP3: upper edge of the demand zone which is141.1 (short is still against the current trend, please evaluate carefully) all are personal opinions, not investment advice. any suggestions and feedback are welcome!
by Aki_0123
USDCAD H1 - potential short position10/3 hit make a HH and then retreated, went down for two days 10/5 went up again but price is under selling pressure when reaeched supply zone haven't broken out supply zone and left upper wicks →supply zone is still valid If the price goes up and hit the supply zone again, LTF also shows a downward signal, I'll do short position for short term RR is also more conservative since the whole trend is upside Entry 1.375 SL upper edge of supply zone 1.37835 TP1 1.37015 If the nearest demand zone is invalid, TP2 1.36138 TP3 1.3582 All are personal opinions, not investment advice, any suggestions and feedback are welcome.
by Aki_0123