Are you bullish on Short ETFs? $SQQQ $SPXUWhat do you see when looking aty these charts? I see higher highs and higher lows.
The NASDAQ:SQQQ broke a short-term trendline to the upside and then, the AMEX:SPXU followed.
Now the next test is the last week's high, which it seems that it will break today. If it does, the next resistance is at the June highs. Thats +34% for SQQQ and +25% for SPXU, it could be a really good swing trade.
You could also say that both ETFs are making a head & shoulders but until the neckline is broken is not a head & shoulders.
Swingtrade
ARVIND FASION LTD SWING TRADELooks good for swing trade, market is to much volatile take trade accordingly.
in this trade Stop loss is big but rewords are also big, it has made a beautiful pattern and today it has given BO.
A swing trade can be taken.
DISCLIMER: This chart is just for educational purpose.
Swing Trade - GSCL CEMENT A breakout with good volume. Swing Trade recommended. Expected TGT 60+ and will hold until Reversal is formed. Am not SEBI registered. Do your own analysis before taking the trade.
Oil - Swing trade medium termOil still on its way down and as Ukranians gain the upper hand over the Russians, with all other geopops going on against Putin, nothing seems to be able to stop oil from plunging. First target is 78 then 73. Dollar strength pushed by global economic and political woes, will continue to crush oil prices.
Ever seen a 🐳 w/ a POLKA #DOT tail? DOT/USD 12hr trade set up.
Looking to go long if price action confirms $6.80 as support (Entry option #1).
W/ a break down of $6.80 I will be looking to $6.44 to see if this level confirms as support (Entry option #2)
Most Alts pose a bit higher risk at the moment due to the possibility of Bitcoin breaking down while it flirts with 19.3-19.5k but they also pose a higher reward.
Entry 1: $6.80
Target 1: $7.90
Target 2: $8.60
Stop Loss: 4% below entry based on your own risk.
Entry 2: $6.44
Targets: Nothing changes
Stop Loss: 4% below entry based on your own risk.
Never trade with out a stop loss unless you want your swing trade to turn into a HODL position.
Should support break down and confirm, I will be looking for another Entry at #2.
EURUSD: Update & Bearish Bias 🇪🇺🇺🇸
As I predicted, EURUSD has perfectly respected the confluence zone based on a resistance line
of a major falling parallel channel and a horizontal structure.
Even though the pair remains quite weak the last few days,
I remain very bearish biased and assume that the pair will manage to reach 0.9905 low soon.
Once it is reached, I will post un update again!
❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️
CADCHF Swing SHORT + 150 PipsWelcome back! Let me know your thoughts in the comments!
**CADCHF - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Brian & Kenya Horton, BK Forex Academy
Possible short term bounce, risky.We are seeing a 15 min bullish divergence forming on the Spy along with a nice bounce off of the orange trendline. I think this is a risky play mainly because of how bearish the market has been the past couple of days, but I think a small bounce to the top orange down trendline is very possible. I took a position at the bottom trendline. Wish me luck, stop at entry.
ACRYSILSupply demand conversion zone 1:1,2,3 can be achievable.
DISCLIMER: Its not a call before investing take an advice from your financial adviser.