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MINA Analysis: Potential Correction, SELL or BUY Setup?!🍣📈Weekly Channel Breakout and Retest: MINA previously broke out of its weekly channel and reached its target successfully. The recent breakdown below the channel indicates a loss of bullish momentum and potential for a retracement. 🔍📉Corrective Phase and Resistance Levels: If MINA undergoes a correction, it is likely to retrace upwards until reaching its weekly resistance level. A rejection at this resistance level, coinciding with the RSI reaching the daily blue resistance line, could present a selling opportunity. 🚫Early Sell Setup and Risk Management: A sell position could be initiated early at the current price level (below the lower channel line) using the red trigger line as confirmation. Trailing the stop-loss to the lower support zone can help mitigate risk and maximize profit potential. ✅Important Considerations✅ The overall market trend should be taken into account before executing any trades. Confirming the reversal with additional technical indicators and market sentiment analysis is essential. 🚫This analysis is for educational purposes only and should not be construed as financial advice. Always conduct your own research and employ sound risk management practices before trading. 🚫
by solinash1
2
Diversification: What It Is, Why It Matters & How to Do ItDiversification is a market strategy that enables you to spread your money across a variety of assets and investments in pursuit of uncorrelated returns, hedging, and risk control. Table of Contents What is portfolio diversification? Brief history of the modern portfolio theory Why is diversification important? An example of diversification at work How to diversify your portfolio Components of a diversified portfolio Build wealth through diversification Diversification vs concentration Summary 📍 What is portfolio diversification? Portfolio diversification is the strategy of spreading your money across diverse investments in order to mitigate risk, hedge and balance your exposure in pursuit of uncorrelated returns. While it may sound complex at first, portfolio diversification could be your greatest strength when you set out to trade and invest in the financial markets. As a matter of fact, once you immerse yourself into the markets, you will be overwhelmed by the wide horizons waiting for you. That’s when you’ll need to know about diversification. There are thousands of stocks available for trading, dozens of indices, and a sea of cryptocurrencies. Choosing your investments will invariably lead to relying on diversification in order to protect and grow your money. Diversifying well will enable you to go into different sectors, markets and asset classes. Together, all of these will build up your diversified portfolio. 📍 Brief history of the modern portfolio theory “ Diversification is both observed and sensible; a rule of behavior which does not imply the superiority of diversification must be rejected both as a hypothesis and as a maxim. ” These are the words of the father of the modern portfolio theory, Harry Markowitz. His paper on diversification called “Portfolio Selection” was published in The Journal of Finance in 1952. The theory, which helped Mr. Markowitz win a Nobel prize in 1990, posits that a rational investor should aim to maximize their returns relative to risk. The most significant feature from the modern portfolio theory was the discovery that you can reduce volatility without sacrificing returns. In other words, Mr. Markowitz argued that a well-diverse portfolio would still hold volatile assets. But relative to each other, their volatility would balance out because they all comprise one portfolio. Therefore, the volatility of a single asset, Mr. Markowitz discovered, is not as significant as the contribution it makes to the volatility of the entire portfolio. Let’s dive in and see how this works. 📍 Why is diversification important? Diversification is important for any trader and investor because it builds out a mix of assets working together to yield returns. In practice, all assets contained in your portfolio will play a role in shaping the total performance of your portfolio. However, these same assets out there in the market may or may not be correlated. The interrelationship of those assets within your portfolio is what will allow you to reduce your overall risk profile. With this in mind, the total return of your investments will depend on the performance of all assets in your portfolio. Let’s give an example. 📍 An example of diversification at work Say you want to own two different stocks, Apple (ticker: AAPL ) and Coca-Cola (ticker: KO ). In order to easily track your performance, you invest an equal amount of funds into each one—$500. While you expect to reap handsome profits from both investments, Coca-Cola happens to deliver a disappointing earnings report and shares go down 5%. Your investment is now worth $475, provided no leverage is used. Apple, on the other hand, posts a blowout report for the last quarter and its stock soars 10%. This move would propel your investment to a valuation of $550 thanks to $50 added as profits. So, how does your portfolio look now? In total, your investment of $1000 is now $1,025, or a gain of 2.5% to your capital. You have taken a loss in Coca-Cola but your profit in Apple has compensated for it. The more assets you add to your portfolio, the more complex the correlation would be between them. In practice, you could be diversifying to infinity. But beyond a certain point, diversification would be more likely to water down your portfolio instead of helping you get more returns. 📍 How to diversify your portfolio The way to diversify your portfolio is to add a variety of different assets from different markets and see how they perform relative to one another. A single asset in your portfolio would mean that you rely on it entirely and how it performs will define your total investment result. If you diversify, however, you will have a broader exposure to financial markets and ultimately enjoy more probabilities for winning trades, increased returns and decreased overall risks. You can optimize your asset choices by going into different asset classes. Let’s check some of the most popular ones. 📍 Components of a diversified portfolio Stocks A great way to add diversification to your portfolio is to include world stocks , also called equities. You can look virtually anywhere—US stocks such as technology giants , the world’s biggest car manufacturers , and even Reddit’s favorite meme darlings . Stock selection is among the most difficult and demanding tasks in trading and investing. But if you do it well, you will reap hefty profits. Every stock sector is fashionable in different times. Your job as an investor (or day trader) is to analyze market sentiment and increase your probabilities of being in the right stock at the right time. Currencies The forex market , short for foreign exchange, is the market for currency pairs floating against each other. Trading currencies and having them sit in your portfolio is another way to add diversification to your market exposure. Forex is the world’s biggest marketplace with more than $7.5 trillion in daily volume traded between participants. Unlike stock markets that have specific trading hours, the forex market operates 24 hours a day, five days a week. Continuous trading allows for more opportunities for price fluctuations as events occurring in different time zones can impact currency values at any given moment. Cryptocurrencies A relatively new (but booming) market, the cryptocurrency space is quickly gaining traction. As digital assets become increasingly more mainstream, newcomers enter the space and the Big Dogs on Wall Street join too , improving the odds of growth and adoption. Adding crypto assets to your portfolio is a great way to diversify and shoot for long-term returns. There’s incentive in there for day traders as well. Crypto coins are notorious for their aggressive swings even on a daily basis. It’s not unusual for a crypto asset to skyrocket 20% or even double in size in a matter of hours. But that inherent volatility holds sharpened risks, so make sure to always do your research before you decide to YOLO in any particular token. Commodities Commodities, the likes of gold ( XAU/USD ) and silver ( XAG/USD ) bring technicolor to any portfolio in need of diversification. Unlike traditional stocks, commodities provide a hedge against inflation as their values tend to rise with increasing prices. Commodities exhibit low correlation with other asset classes, too, thereby enhancing portfolio diversification and reducing overall risk. Incorporating commodities into a diversified portfolio can help mitigate risk, enhance returns, and preserve purchasing power in the face of inflationary pressures, geopolitical uncertainty and other macroeconomic risks. ETFs ETFs , short for exchange-traded funds, are investment vehicles which offer a convenient and cost-effective way to gain exposure to a number of assets all packaged in the same instrument. These funds pull a bunch of similar stocks, commodities and—more recently— crypto assets , into the same bundle and launch it out there in the public markets. Owning an ETF means owning everything inside it, or whatever it’s made of. ETFs typically have lower expense ratios compared to mutual funds, making them affordable investment options. Whether you seek broad market exposure, niche sectors, or thematic investing opportunities, ETFs are a convenient way to build a diversified portfolio tailored to your investment objectives and risk preferences. Bonds Bonds are fixed-income investments available through various issuers with the most common one being the US government. Bonds are a fairly complex financial product but at the same time are considered a no-brainer for investors pursuing the path of least risk. Bonds have different rates of creditworthiness and maturity terms, allowing investors to pick what fits their style best. Bonds with longer maturity—10 to 30 years—generally offer a better yield than short-term bonds. Government bonds offer stability and low risk because they’re backed by the government and the risk of bankruptcy is low. Cash Cash may seem like a strange allocation asset but it’s actually a relatively safe bet when it comes to managing your own money. Sitting in cash is among the best things you can do when stocks are falling and valuations are coming down to earth. And vice versa—when you have cash on-hand, you can be ready to scoop up attractive shares when they’ve bottomed out and are ready to fire up again (if only it was that easy, right?). Finally, cash on its own is a risk-free investment in a high interest-rate environment. If you shove it into a high-yield savings account, you can easily generate passive income (yield) and withdraw if you need cash quickly. 📍 Build wealth through diversification In the current context of market events, elevated interest rates and looming uncertainty, you need to be careful in your market approach. To this end, many experts advise that the best strategy you could go with in order to build wealth is to have a well-diversified portfolio. “ Diversifying well is the most important thing you need to do in order to invest well ,” says Ray Dalio , founder of the world’s biggest hedge fund Bridgewater Associates. “ This is true because 1) in the markets, that which is unknown is much greater than that which can be known (relative to what is already discounted in the markets), and 2) diversification can improve your expected return-to-risk ratio by more than anything else you can do. ” 📍 Diversification vs concentration The opposite of portfolio diversification is portfolio concentration. Think about diversification as “ don’t put your eggs in one basket. ” Concentration, on the flip side, is “ put all your eggs in one basket, and watch it carefully. ” In practice, concentration is focusing your investment into a single financial asset. Or having a few large bets that would assume higher risk but higher, or quicker, return. While diversification is a recommended investment strategy for all seasons, concentration comes with bigger risks and is not always the right approach. Still, at times when you have a high conviction on a trade and have thoroughly analyzed the market, you may decide to bet heavily, thus concentrating your investment. However, you need to be careful with concentrated bets as they can turn against your portfolio and wreck it if you’re overexposed and underprepared. Diversification, however, promises to cushion your overall risk by a carefully balanced approach to various financial assets. 📍 Summary A diversified portfolio is essentially your best bet for coordinated and sustainable returns over the long term. Choosing a mix of various types of investments, such as stocks, ETFs, currencies, and crypto assets, would spread your exposure and provide different avenues for growth potential. Not only that, but it would also protect you from outsized risks, sudden economic shocks, or unforeseen events. While you decrease your risk tolerance, you raise your probability of having winning positions. Regardless of your style and approach to markets, diversifying well will increase your chances of being right. You can be a trader and bet on currencies and gold for the short term. Or you can be an investor and allocate funds to stocks and crypto assets for years ahead. Potential sources of diversification are everywhere in the financial markets. Ultimately, diversifying gives you thousands of opportunities to balance your portfolio and position yourself for risk-adjusted returns. 🙋🏾‍♂️ FAQ ❔ What is portfolio diversification? ► Portfolio diversification is the strategy of spreading your money across diverse investments in order to mitigate risk, hedge and balance your exposure in pursuit of uncorrelated returns. ❔ Why is diversification important? ► Diversification is important for any trader and investor because it creates a mix of assets working together to yield high, uncorrelated returns. ❔ How to diversify your portfolio? ► The way to diversify your portfolio is to add a variety of different assets and see how they perform relative to one another. If you diversify, you will have a broader exposure to financial markets and ultimately enjoy more probabilities for winning trades, increased returns, and decreased overall risks. Do you diversify? What is your strategy? Do you rebalance? Let us know in the comments. 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Editors' picks
SP:SPXEducation
by TradingView
4
👀 WATCHLIST: MONDAY 04MAR24WATCHLIST Here is my watchlist from yesterday: NYSE:ALLY NASDAQ:CGEM NASDAQ:KURA NASDAQ:LRMR NASDAQ:MGX NYSE:ML NASDAQ:TPG NASDAQ:WDFC MARKET GAUGE : 🔴RISK HIGH I am noticing a deterioration in the quality and the spread of the breakouts. I would conclude that the environmnet has actively changed to more difficult. In such environment, I trade less, often pick only top quality setups and tighten stops. I have already a good exposure to the market and I would look to have tight management of these stocks. This weeks announcement will be important on the short term sentiment of the market.
NASDAQ:WDFCLong
by TintinTrading
JPM, SOME UPSIDE AND A WHOLE LOTTA DOWNSIDEJPM might have a bad week? Maybe bad Feb? idk yet, however, from technicals, it seems like after 181 or so, and especially after $210, there isn't much upside showing. Likely meaning, the risk far outweighs the reward at those levels. IT could be big, and it could be fairly quick. if you're shorting, yeah, these are great times to consider entering. The downside shows all the way to $69 (nice) Does that mean enter short right now this minute? nah but be ready because things could really drop quickly in the coming month or so. idk maybe this?
NYSE:JPM
by nicktussing77
[ORP] ORPEA French StockEmbarking on a long position in ORPEA (ORP) requires a keen understanding of its inherent risks, notably stemming from a previous scandal that has cast a shadow over the company's reputation. However, amidst these challenges, ORPEA is undergoing a significant transformation, including a consolidation of shares where 1000 shares will be transformed into 1 share at €10. This restructuring could potentially bolster the stock's fundamentals. Despite the risk associated with ORPEA, the current technical rejection presents a compelling opportunity for long-term investors. The recent price action indicates a favorable risk/reward potential, especially considering the forthcoming share consolidation and its potential positive impact on the company's valuation. While caution is warranted, the combination of transformative measures and technical signals suggests that now may be an opportune moment to initiate a long position in ORPEA. Diligent monitoring of both fundamental developments and technical indicators will be essential to navigate the associated risks and capitalize on the potential rewards. Great Trade !
EURONEXT:EMEISLong
by ArnoSG
YANG ( a 3X leveraged inverse China megacap ETF ) LONGYANG on a 240 minute chart had a reverse head and shoulders pattern last summer. Price rose over the neckline in November and hit an increased trend angle at that time. With a set of VWAP bands anchored to the neckline cross, TANG had pulled back twice to the mean VWAP where it found support, the latter of which was this past week. While price is currently at 15.5, I could reasonably forecast another rise to the second upper VWAP bandline at 18.00 or about 16% upside. Price rose more than 4% today and 20% YTD for January. Fundamentally, China is in a recession. Additionally, the terror and tension in the Red Sea has increased shipping costs and diminished shipping volumes through the Suez Canal a a major gateway to the Eurozone markets or even Western Russia. The CCP has pleaded directly to Iran about this as the whole situation is worsening the China economy ( among others) The idea of China launching a gold standard currency seems to be out of the news at least for now. What is still on the table is Chinese interests in Taiwanese reunification. Any military action would basically flush Chinese stocks into nothingness because a trade war would ensue if not WW III. This lingering in at background is a drag on the China stocks. I see YANG as a safe bet now with an entry just above VWAP with a stop loss above it and 18.00 for the target.
AMEX:YANGLong
by AwesomeAvani
3
MRO US Oil LongThe US Energy Department has announced open bids for oil contracts to replenish the national strategic reserve which was depleted during the prior run up on global oil prices. This is a sure sign that the feds think that spot oil has but in a bottom especially in the context of shipping disruptions and higher insurance costs due to terrorism /piracy in the area of the Red Sea and Suez Canal. In the meanwhile two South American countries are having sovereignty disputes over oil fields and the British Navy is offshore to buttress the interests of Guyana. MRO is a domestic oil producer that is independent of Middle East issues. Its oil is consumed mostly in the US with a little shipping to Asia only. On the 50 minute chart, price downtrended from January 3th through and then below the high volume area of the volume profile. Price has reversed back up and reapproached the evolving high volume area. The dual TF MACD ( by Chris Moody) shows moving average divergence. Chris Moody's dual TF RSI indicator shows the faster TF RSI rising over the slower TF RSI as a sign of bullish momentum. I have taken both a stock and call options position in MRO having zoomed into the 15 minute TF for a good entry. Given the level of challenges current geopolitics presents to smooth flowing and inexpensive shipping of crude oil, I am expectant of significant gains in these positions. I have also looked into a position in OXY and CVE, which is a Canadian crude producer.
NYSE:MROLong
by AwesomeAvani
2
[EDU] Lossing How much is too Much? (Risk Management)Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. A picture speaks a 1000 words and that is so true! Recently I came across this picture from moo moo. It actually strike a chord with the message that I always wanted to bring across, which is the importance of risk management! Always keep in mind that having your trade size manageable such that is wont devastate your trading account is very important. So let's say you are trading between 1-2% risk per trade, if you are so unlucky to have 10 straight losses, you will be down with a drawdown of 10-20%, as shown in the picture you will need almost equal % of profit to get back your losses. But, what if you were to trade with 4 or 5% risk per trade? With that,10 straight losses will get you a drawdown of 40-50%! And as you can see the gains you need to recoup these losses will be 67 to 100%. It is not hard to imagine what will happen if you are risky 10 or 20% risk per trade. So anything can happen in trading and it is always wise to protect your downside! Trade Safe! Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content, thank you! -- Get the right tools and an experienced Guide, you WILL navigate your way out of this "Dangerous Jungle"! -- ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. *********************************************************************
Education
by Shadowing_The_Big_Boys
AUDUSD: Daily Long Signal tagged In on 24-01-23 : UPDATEAUDUSD: Daily Long Signal - 24-01-18 Tagged In on 24-01-23 Entry Price: 0.65700 Take Profit: 0.66780 125 PIP gain Stop Loss: 0.65100 50 PIP Stop Loss Risk To Reward: 1 % For a 2.0 % Return -Placed Pending order and tag into the trade Trade Management - Steps if you taken the trade A. Place Take Profit at * 0.66555 * Risk To Reward is 1 % for 1.5% B. Place Stop Loss at * 0.65055 * * Max risk of Capital * 1 % MAX ... I Suggest 0.25% due to taking a random guys trade signals C. Wait Patiently and FULLY ACCEPT THE RISK
Long
by Trader_Miles
What Trading and Business Have in Common 📊💼Hello TradingView Family, Lately, I've been contemplating the fascinating parallels between trading and running a business. 🤔 It's intriguing how both these worlds share common ground, and I wanted to share my thoughts with you. 📜 Trading Plan as the Blueprint: In the business of trading, a well-crafted trading plan serves as the blueprint for success. Just as a business plan outlines goals, strategies, and tactics, a trading plan details entry and exit points, risk tolerance, and overall market approach, providing a structured path to success. 🌐 Risk Management: Just as in business, where risks are inherent, traders need to manage risks effectively. Both environments demand a keen understanding of risk-reward ratios and the ability to make informed decisions to protect assets and investments. 🔄 Adaptability: Businesses must adapt to market changes and evolving customer needs, while traders navigate the dynamic landscape of financial markets. Flexibility and the ability to pivot are critical for success in both arenas. 🔍 Continuous Innovation: Businesses thrive on innovation to stay competitive, and traders constantly seek new strategies and tools to gain an edge in the market. The pursuit of improvement and staying ahead of the curve is a shared ethos. 📊 Performance Evaluation: Both traders and business leaders regularly assess their performance. Whether it's analyzing financial reports or evaluating trading strategies, the commitment to ongoing improvement is a common thread. 📉 Weathering Losses and Low Seasons: Every business faces downtimes, and traders experience losses. The ability to weather these storms, learn from setbacks, and maintain composure during low seasons is a shared challenge. Resilience and a long-term perspective are key to overcoming temporary setbacks. 🌱 Long-Term Sustainability: Just as businesses aim for long-term sustainability, traders seek lasting success in the market. Both require a focus on building a solid foundation, adapting to changes, and navigating challenges with resilience. Reflecting on these similarities, it's clear that trading and business are two sides of the same coin, each requiring strategic thinking, adaptability, and a commitment to continuous improvement. What are your thoughts on this intriguing comparison? 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Richard Nasr
Education
by TheSignalyst
15
BIG TIME VOLUME INCREASINGThank you for taking the time to review our update. It's essential to emphasize that the following information is not intended as trading advice. BIG TIME is currently demonstrating significant changes in trading volume, representing a new cryptocurrency with inherent high-risk potential. It's worth noting that when trading below $0.16, the risk factor may escalate. However, if BIG TIME manages to sustain a value of $0.18 or higher, there is the potential for upward momentum and a potential breakout. Please approach this information with caution and conduct your own research and risk assessment before making any trading decisions.
Long
by SatochiTrader
2
How To Use RISK vs. REWARD RatiosHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 For today's post, we're diving into the concept " risk reward ratio " by taking a look at practical examples and including other relevant scenarios of managing your risk. What is considered a good risk to reward ratio and where can you see it ? This applies to all markets, and during these volatile times it is an excellent idea to take a good look at your strategy and refine your risk management. Let's jump right in ! You've all noticed the really helpful " long setup " or " short setup " on TradingView chart ideas. This clearly identifies the area of profit (in green), the area for a stop-loss (in red) and your entry (the borderline). It also shows the percentage of your increases or decreases at the top and bottom. This is achieved by using the tool you can find in your toolbar on the left, 7th from the top. The first two options are Long Position and Short Position. It looks like this : 💭Something to remember; It is entirely up to you where you decided to take profit and where you decide to put your stop loss. The IDEAL anticipated targets are given, but the price may not necessarily reach these points. You have that entire zone to choose from and you can even have two or three take profits points in a position. Now, what is the Risk Reward Ratio expressed in the center as a number.number ? The risk to reward ration is exactly as the word says : The amount you risk for the amount you could potentially gain. NOTE that your risk is indefinite, but your gains are not guaranteed . The risk/reward ratio measures the difference between the entry point to a stop-loss and a sell or take-profit point. Comparing these two provides the ratio of profit to loss, or reward to risk. For example, if you're a gambler and you've played roulette, you know that the only way to win 10 chips is to risk 5 chips. Your risk here is expressed as 5:10 or 5.10 .You can spread these 5 chips out any way you like, but the goal of the risk is for a reward that is bigger than your initial investment. However, you could also lose your 5 and this will mean that you need to risk double as much in your next play to make up for your loss. Trading is no different, (except there is method to the madness other than sheer luck...) Most market strategists and speculators agree that the ideal risk/reward ratio for their investments should not be less than 1:3, or three units of expected return for every one unit of additional risk. Take a look at this example: Here, you're risking the same amount that you could potentially gain. The Risk Reward ratio is 1, assuming you follow the exact prices for entry, TP and SL. Can you see why this is not an ideal setup? If your risk/reward ratio is 1, it means you might as well not participate in the trade since your reward is the same as your risk. This is not an ideal trade setup. An ideal trade setup is a scenario where you can AT LEAST win 3x as much as what you are risking. For example: Note that here, my ratio is now the ideal 2.59 (rounded off to 2.6 and then simplified it becomes 1:3). If you're wondering how I got to 1:3, I just divided 2.6 by 2, giving me 1 and 3. Another way to express this visually: If you are setting up your own trade, you can decide at what point you feel comfortable to set your stop loss. For example, you may feel that if the price drops by more than 10%, that's where you'll exit and try another trade. Or, you could decide that you'll take the odds and set your stop loss so that it only triggers if the price drops by 15%. The latter will naturally mean you are trading at higher risk because your risk of losing is much more. Seasoned analysts agree that you shouldn't have a value smaller than 5% for your stop loss, because this type of price action occurs often during a day. For crypto, I would say 10% because we all know that crypto markets are much more volatile than stock markets and even more so than commodity markets like Gold and Silver, which are the most stable. Remember that your Risk/Reward ratio forms an important part of your trading strategy, which is only one of the steps in your risk management program. There are many more things to consider when thinking about risk management, but we'll dive into those in another post. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Education
by CryptoCheck-
35
Eurcad potentially to flip if eur weakens**Find out more from my Tradingview Stream this week** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Interested in following me and getting daily updated analysis? Like and follow me on Tradingview for fast updates! Thank you! ********************************************************************* Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Short
by Shadowing_The_Big_Boys
An eventual target of 1.48?Watching for favorable setup to long.How about you? **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
Long
by Shadowing_The_Big_Boys
1
UsdChf watch out for rejectionTechnically Uchf came back to its R zone, 4 up candles on daily so far. careful with this zone. or the uptrendline later on. Of coz act accordingly as PA unfolds over the week. **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys