Silver Wyckoff distribution schematics!Hello my beauties.
I think Silver is in a phase of distribution.
Look at the chart for reference, and look up Wyckoff yourself.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
Swingtradingsetup
Short squeeze by swing Trading with daily or hourly chartIt's simple to understand video on how you can profit from short squeeze by swing trading using daily or hourly or any intraday time frames. this video should help you understand how trade these kind of category stocks with potential. if anything to be clarified, please do write me back. Thank you.
GBPJPY Inverse Head and Shoulder FAILEDThe price failed to break the resistance and now the price is in the middle of support and resistance area.
wait and see if the price rebound from support area (151.899) take a long entry until the next resistance, but if the price break the resistance, it is very possible that the price forms a falling wedge pattern. FX:GBPJPY
GOLD SPOT (daily time frame) - ShortFOREXCOM:XAUUSD
There has been a strong support level since April 17, after the breakout that occurred on April 13.
Also in the meantime, we can see a near resistance/ support level
I confirmed these strong and near level by circling each testing that occurred on the level
Also EMA 10 & 20 period tends to become the dynamic resistance
Also have same view on 4hr timeframe, check it below
After the turn around on the near support, the market went bullish till the near resistance. And from there, we can see a fake bullish breakout there which i alighted with rectangle , and afterward, the market movement turn downward, towards the near support level ... c
Conclusively, I am having a sell signal on XAUUSD
Trade Setup
Call Type: Short (Sell)
Entry: 1810.00
T.p: 1750.00 (on the near-support)
S.l: 1825.00 (just above the near-resistance)
profit in pips: 60 pips
loss in pips: 15 pips
Risk-reward-ratio: 1:4
Like and drop your thoughts as comment if you agree with me, or otherwise.. lets trade and win together
Please, follow me..i will follow back as well
AUDNZD Trading Plan (Possible Waves) -- 09/Jul/2021Hello Traders,
Hope you all are doing good!!
I am sharing here the possibly coming waves for this pair.
The first big move is expected as a LONG trade.
Trade Accordingly.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
AUDUSD at Key ResistanceAUDUSD (H4) - Last week we saw the Aussie make a corrective move back to 0.76000 following an aggressive sell off from 0.77000 the week before. The market closed just below 0.76000 on Friday with a pinbar on the daily timeframe after price tested the level from below and failed to close above. On the daily timeframe this level is also currently acting as a neckline for a Head and Shoulders which could be signalling a trend reversal for the Aussie. Should price fail to close above this level again early this week, we could see a weaker Aussie with prices sinking lower possibly to around the 0,73000 levels.
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.
IJR - 10.60 Potential Profit - Swing Trading SetupGood risk / reward ratio on this trade.
Breakout past a 2 month-correction. Good momentum.
- Target Entry: $112.90
- Target Stop Loss: $112.18
- Target Exit: $125.00
- Risk / Reward Ratio: 16.81
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.
IGL: At all time highSl - 480
Clear and simple chart.
Have been in consolidation pattern for almost 3 months at all time high and now making a perfect price action pattern at the top makes it a high probable trade.
Volumes have also increased at this level, which itself is a very positive sign.
Shoot up your queries in comment section.
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
Gujarat ambuja exports: Stock for short termSl - 148
Can we bought half quantity now and the other half after the retracement.
Volume are increasing on breakout which is a good sign .
Fundamentally good stock to focus on.
Only quality stocks are shared here. I focus on quality ONLY.
Shoot up your queries in comment section.
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