SWNIG IDEA FOR CADJPY LONGi am expecting a reversal on most of CAD pairs this coming week.
EURCAD
GBPCAD
CADJPY
and
USDCAD.
Swingsetup
EURUSD Head and Shoulders?Weekly Head and Shoulders? Strong bearish close last week on the weekly after bears stepped in from around 1.21500 driving market prices lower. This has created what seems to be a right shoulder with price pushing towards the neckline for the completion of the pattern. High volume and a strong bearish engulfing weekly close last week indicates that sellers have now stepped into the market and we could see a trend reversal play out. How low can we sink?
GBPUSD Double Top?Weekly timeframe Double Top? Strong rejection to the downside after price, for the second time has failed to break above 1.41200 in recent weeks. A strong bearish engulfing weekly close last week indicates that sellers have now stepped into the market. 1.37000 is the next support level which is also acting as the neckline for a potential double top pattern formation. Could this be the beginning of a trend reversal for the pound? First short targets at around 1.32000 area.
EBAY - 14.18% Potential ProfitGood risk / reward ratio on this trade.
Ascending Triangle breakout.
Betting on momentum to keep going past the news release of eBay releasing Bag Autenthicating service that could help the marketplace to tap into the second-hand luxury industry.
- Target Entry: $65.51
- Target Stop Loss: $63.81
- Target Exit: $75.08
- Risk / Reward Ratio: 5.63
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
- When I see that the market is opening too high/low, I wait for 30 min from the opening bell before placing my order. This is to avoid that initial spikes / drops get me into a position and get me out right after.
IWN - 10.50% Potential Profit - Swing Trade SetupGood risk / reward ratio on this trade.
Breakout past a 3-month correction.
- Target Entry: $167.50
- Target Stop Loss: $165.02
- Target Exit: $185.29
- Risk / Reward Ratio: 7.17
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
- When I see that the market is opening too high/low, I wait for 30 min from the opening bell before placing my order. This is to avoid that initial spikes / drops get me into a position and get me out right after.
ADI - 6.57% Potential Profit - Swing Trade SetupNot the best risk / reward ratio on this trade, however, momentum is on our side.
Breakout past a 5-month correction.
- Target Entry: $164.70
- Target Stop Loss: $161.58
- Target Exit: $175.00
- Risk / Reward Ratio: 3.30
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
- When I see that the market is opening too high/low, I wait for 30 min from the opening bell before placing my order. This is to avoid that initial spikes / drops get me into a position and get me out right after.
EXEL - 5.96% Potential Profit - Ascending TriangleI'm cautious with this trade. I don't usually get into positions with a risk/reward smaller than 3.
- Target Entry: $25.65
- Target Stop Loss: $25.05
- Target Exit: $27.19
- Risk / Reward Ratio: 2.57
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
MXIM - 9.47% Profit Target - Swing Trade SetupLove the risk / reward ratio on this trade.
- Target Entry: $98.90
- Target Stop Loss: $98.03
- Target Exit: $109.00
- Risk / Reward Ratio: 11.61
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
- When I see that the market is opening too high/low, I wait for 30 min from the opening bell before placing my order. This is to avoid that initial spikes / drops get me into a position and get me out right after.
VSTO - 17.46% Potential Profit - Ascending TriangleLove the risk / reward ratio on this trade.
- Target Entry: $37.49
- Target Stop Loss: $36.71
- Target Exit: $44.01
- Risk / Reward Ratio: 8.36
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
SYRS- Potential beginning of the bullish trendFollow me and smash that like button! Bio-pharmaceutical company aims to treat cancer and genetic diseases. Not the investment. Please do your own due diligence.
CVS - 6.18% Profit Potential - Ascending TriangleCareful - I will wait for earnings before placing this order.
Ascending Triangle formed after a 6-month correction and a recent run. Betting on last month's momentum run.
Good risk-reward ratio and target set at a potential formation of a 6-month resistance line.
- Target Entry: $77.80
- Target Stop Loss: $75.91
- Target Exit: $82.51
- Risk / Reward Ratio: 2.49
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
CZR - 15.13% Profit Potential Swing Trade Setup - TriangleAscending Triangle formed after a bull run.
Tight Stop Loss - risky price action.
- Target Entry: $105.20
- Target Stop Loss: $103.44
- Target Exit: $123.55
- Risk / Reward Ratio: 10.43
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
DFEN - 14.69% Profit Potential Swing Trade Setup - TriangleAscending Triangle formed after a period of correction. The run should resume and price to hit the resistance line.
Keeping the Stop Loss very tight. Consider lowering it to $22.81 if you don't have much risk exposure in your current trading portfolio.
- Target Entry: $23.50
- Target Stop Loss: $23.20
- Target Exit: $26.90
- Risk / Reward Ratio: 11.33
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
CAN BUY COROMANDEL IT CAN GIVE A GOOD SWING IN UPCOMING DAYS,ONE CAN BUY WITH A SL OF TODAY'S LOW
NSE:COROMANDEL
NTR - 7.85% Profit Potential - Ascending TriangleNTR is a fairly volatile stock. Keep this in mind when you trade it. The risk can be higher.
While an Ascending Triangle has clearly formed, the price hasn't confirmed the support line yet. However, the risk exposure is minimal and it might be worth a shot.
- Target Entry: $59.11
- Target Stop Loss: $58.18
- Target Exit: $63.66
- Risk / Reward Ratio: 4.89
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
BK - 7.90% Potential Profit - Bullish PennantThe level of confidence in this trade is moderate. While I like this setup, I am not fully convinced about the target price.
Bullish pennant formed after a 6-month bull run, betting on momentum keeping going.
- Target Entry: $50.32
- Target Stop Loss: $49.34
- Target Exit: $54.22
- Risk / Reward Ratio: 3.98
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
EUR/CAD SELL IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to wait for a confirmation!
EUR/CAD: Day-Swingtrade-Preparation
Market-Sell: 1.49560
Stop-Loss: 1.50490
Point of Risk-Reduction: 0.71920
Take-Profit: 1.47350
Stop-Loss: 90 pips
Risk: 0,5% -1%
Risk-Reward: 2,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
CCL Products 8mth BOThe entire Coffee sector was up this Friday.
Given a strong weekly closing while NIFTY was weak.
Good swing opportunity.
EUR/JPY BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is meant to be a preparation for you. As always we will have to waot for a confirmation!
EUR/JPY: Day-Swingtrade-Preparation
Market-Buy: 130.615
Stop-Loss: 130.240
Point of Risk-Reduction: 130.940
Take-Profit: 131.800
Stop-Loss: 35 pips
Risk: 0,5% -1%
Risk-Reward: 3,50
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me
AUD/USD BUY IDEATaking the LONG-TRADE now as planned!
Will be back for more trades and setups next week with detailed data!
