USOIL Long Trade Setup Update ( Banked TP3 with 890+ Pips )Welcome to Profitlio Trading!
What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
Congratulations to my followers banked 890+ Pips with the OIL Pump. ( Bought Since $20.20, Pop in on Personal chat for Proof of the Trade update )
In here we can see a perfect trend breakout happened with a retest! This is the second confirmation we were waiting for,
Previous Analysis: I have witnessed a "W" formation on 4h time frame on the major support price has formed. Price failed few time to break the $20 level and its very promising for a trend reversal which can support for bulls to make price in an average range of $25 or above. Good Luck in your trading.
Profitlio Trading ( Since 2014 in Financial Markets )
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Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
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NAS100 Showing H&S Structure Supporting Bears What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
Look at the structure it has formed right above the key level of 7400. I see this a very similar structure to head and shoulder but a complicated one while expecting a target around 6950. All we gotta wait for the confirmation on neckline breakout. If price failed to break it and showed up some bullish reversal. We may have to adjust the trade plan accordingly. Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
________________________________________________
Traders Disclaimer: Non of our analysis or trade setups being shared here on tradingview is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements.
Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
Ripple Continued to Grow along the trend line,Expecting BreakoutWhat's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
Ripple continued its rising along the trend line and its almost likely to form a bear leg on D1 TF. All we need is a confirmation of a possible perfect breakout and a short possibility upto support held on the bottom and then a reversal
Profitlio Trading ( Since 2014 in Financial Markets )
BTCUSD Short Trade Setup ( Rising Wedge )What's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
BTC showing up a structure similar to a rising wedge . It was perfectly matched on 4h and waiting for a breakout. And also we have a major resistance at 6.8k level.
Profitlio Trading ( Since 2014 in Financial Markets )
Gold will continue its Bull Run with Second Bull-Leg BreakoutWhat's up traders! Thanks for Jumping back on my Analysis, Traderchamp is here on your Service, Also hit thumbs up and support the work.
Gold Showing a Bull-Leg breakout and a perfect retest back on the upper trend. And also we have a resistance formed at the price level of 1615. Lets see how the market openings going to play this bull structure. Good Luck!
Profitlio Trading ( Since 2014 in Financial Markets )
XRPUSD Short Trade SetupThanks for Jumping back on my Analysis, Traderchamp is here on your Service,
Ripple continued its rising along the trend line and its almost likely to form a bear leg on D1 TF. All we need is a confirmation of a possible perfect breakout and a short possibility upto support held on the bottom and then a reversal
Also look into our last USOIL ( Crude OIL ) trade which supported 710+ Pips. I have tagged the analysis update on below.
Profitlio Trading ( Since 2014 in Financial Markets )
BTCUSD Short Trade SetupThanks for Jumping back on my Analysis, Traderchamp is here on your Service,
BTC showing up a structure similar to a rising wedge. It was perfectly matched on 4h and waiting for a breakout. And also we have a major resistance at 6.8k level.
Also look into our last USOIL ( Crude OIL ) trade which supported 710+ Pips. I have tagged the analysis update on below.
Profitlio Trading ( Since 2014 in Financial Markets )
USOIL Long Trade Setup Update ( Banked TP3 with 710+ Pips )Thanks for Jumping back on my Analysis, Traderchamp is here on your Service,
Congratulations to my followers banked 710+ Pips with the OIL Pump.
In here we can see a perfect trend breakout happened with a retest! This is the second confirmation we were waiting for,
Previous Analysis: I have witnessed a "W" formation on 4h time frame on the major support price has formed. Price failed few time to break the $20 level and its very promising for a trend reversal which can support for bulls to make price in an average range of $25 or above. Good Luck in your trading.
Profitlio Trading ( Since 2014 in Financial Markets )
GBPUSD Short Trade SetupThanks for Jumping back on my Analysis, Traderchamp is here on your Service,
GU showing us few confirmations. Resistance held perfectly while price made triple tops. And after the trend breakout we can see a retest back on the trend line which can support for more downside. The strucutre is very similar to the previous trade setup we had on Gold Shorts.
Profitlio Trading ( Since 2014 in Financial Markets ) Feel free to leave your feedback or question via private chat
Gold Trade Setup UpdateThanks for Jumping back on my Analysis, Traderchamp is here on your Service,
I witness a bear leg formation which may support for more bears involvement towards the target highlighted. We need to wait for the perfect breakout to step in our new sets of shorts.
Congratulations for those who followed up with me, 480 Pips already banked with TP2. Proof analysis tagged on the bottom. For more details on this trade message me through tradingview messaging
Previous Analysis: I see a breakout on the following trend line it has formed. And looking for targets as marked right on the bottom. Trump has signed Off 2 trillion package for COVID which has a possibility to support US Economy in the mean time from its out ranged crashes.
Profitlio Trading ( Since 2014 in Financial Markets ) Feel free to leave your feedback or question via private chat
USOIL Long Trade Setup Update ( Confirmation )Thanks for Jumping back on my Analysis, Traderchamp is here on your Service,
In here we can see a perfect trend breakout happened with a retest! This is the second confirmation we were waiting for,
Previous Analysis: I have witnessed a "W" formation on 4h time frame on the major support price has formed. Price failed few time to break the $20 level and its very promising for a trend reversal which can support for bulls to make price in an average range of $25 or above. Good Luck in your trading.
Also follow my Gold trade setup we have caught up 480+ Pips already on the Short Run
Profitlio Trading ( Since 2014 in Financial Markets )
USOIL Long Trade SetupThanks for Jumping back on my Analysis, Traderchamp is here on your Service,
I have witnessed a "W" formation on 4h timeframe on the major support price has formed. Price failed few time to break the $20 level and its very promising for a trend reversal which can support for bulls to make price in an average range of $25 or above. Good Luck in your trading.
Also follow my Gold trade setup we have caught up 480+ Pips already on the Short Run
Profitlio Trading ( Since 2014 in Financial Markets )
Gold Short Trade Setup UpdateCongratulations for those who followed up with me, 480 Pips already banked with TP2. Proof analysis tagged on the bottom. For more details on this trade message me through tradingview messaging
I am expecting a retracement here and more dump coming. Patience Pays more!
Previous Analysis: I see a breakout on the following trend line it has formed. And looking for targets as marked right on the bottom. Trump has signed Off 2 trillion package for COVID which has a possibility to support US Economy in the mean time from its out ranged crashes.
GBPJPY Short Trade SetupGJ Showing a perfect Rising Wedge formation on 1hour structure. Still the bearish confirmation isn't confirmed as we have no clue of possible breakout confirmation. We need a confirmation of a perfect breakout for the following rising wedge structure from its support trend line . The expected target is highlighted as 129.368 level as of holding with 50% fib retracement. Good Luck!
Gold Short Trade SetupGold prices are ranging in 1hour while I have an eye with Bollinger bands in positions. The best indicator to measure the volatility. If we can see an hourly close on the upper band we can expect a retest back on recent highs above 1640. And alos a breakdown from the range would go below 1595.
DXY has showing some green data with Monda as of showing an bounce back from 98 to 99 price level.
I see a breakout on the following trend line it has formed. And looking for targets as marked right on the bottom. Trump has signed Off 2 trillion package for COVID which has a possibility to support US Economy in the mean time from its out ranged crashes.
GBPJPY Short Trade SetupGJ Showing a perfect Rising Wedge formation on 1hour structure. Still the bearish confirmation isn't confirmed as we have no clue of possible breakout confirmation. We need a confirmation of a perfect breakout for the following rising wedge structure from its support trend line. The expected target is highlighted as 129.368 level as of holding with 50% fib retracement. Good Luck!
NAS100 Short Trade SetupWatch closely for the green highlighted zone for a perfect breakout, I see structure similar to a bear leg on the 4h time frame being respected to the resistance it formed at 7.8k price level. I have picked up an accurate trend line and waiting for a breakout to enter for short position expecting a target up to the previous lower low printed.
DXY Will Keep Melting Below 95.14DXY is on a huge crash over last week after two consecutive weekly growing. And still DXY is highly bearish biased so I expect the price would go below 95.14. Price has declined by 4.52% for the last week. The price is moving inside the two parallel lines as I have marked up on the chart.
USOIL Short Trade UpdateRunning down 258+ Pips after the breakout,
Analysis: I have sighted a clear triangle breakout and it took for downside under this huge bear market. We have no clue of buying pressures, So its always better to find the bear opportunities or short opportunities. So this is what I am looking over Crude Oil and I am already on Shorts. Expecting $17 very soon.
Bitcoin - Multi Timeframe Analysis Technically - BearishOne more downside expected with BTC as on D1 it shows a bear leg formation which is very bearish to my eyes and also considering the key resistance it has formed on the chart and also which is highlighted with a blue bar. But I expect this will not go much deeper as we have support trend formed. Bear trend confirmed with D1 Bear leg breakout.
TESLA Respected the Key SupportWatch for this parallel lines the price hints. We can the price well maintained under the pressure within two parallel lines but with the bubble price broke the resistance line and boomed. With hard fall in price after COVID tensions we can see a respect happened on the Upper parallel line and it formed as support by now. I expect price will continue its break through back to the parallel lines while having a failed attempt to break it earlier