Get started

Takeprofit

Go Go BNB! 🔥I did this charting on 4H time-frame, Let's look at it.. Binance Coin was ranging in nice triangle for about a month, now it breaks it upwards. It's time for a little pull back to test it's lower support level above the triangle.. This is good opportunity for us to step in and buy some BNB. I did this analysis buy combining Triangle classic pattern and Fibonacci Levels: Buy position: 260 - 270 Target 1: 390 - 410 Target 2: 468 - 484 Stop-Loss: 213 What is your point of view or analysis on BNB, I like you to share it in the comment section for me, so we can share our knowledge together. And, As always feel free to ask any question about this chart in comment section, I will happily answer you :) If you like this idea, hitting like button, sharing it to the ones who will find it useful and giving me comment will give me a lot of motivation :)
Long
by ArshiaZojaji
8
What price to take profits? DOGE COIN & Price action (ĐOGECOIN)Perhaps the dollar is in accumulation from the last month. We have four times Doge test the trend line and proves to be a very strong support line. We can see price react very strongly to take profit at 0.382. But in my opinion on this 3rd test it will fail and head towards the target of the 0.5 zone. Be careful at 0.618 zone, this strongest resistance, we should be take profit 50% if the price reacts strongly in this area. Entry: < 0.06$ Stoploss: 0.0535$ Take profits: 0.0696$ and 0.0762$ and 0.0855$ and more..
Long
by BMynameX
2
BTC correction overdue, Oscillators at extremes, Median line hitBTC has been on an amazing run this year, Seems like nothing can stop it. However it feels like a correction is overdue. The question is; will BTC smash through this median line and make its way to the top of the channel or will it correct and retest the channel shown in red? Key points: Oscillators are at extreme highs (but they can stay this way for a long time!) Last time the RSI was this high was at the top of the 2013 bull run and the MACD has never been this high The median line of the long term channel has just been hit Bias remains bullish long term A retest of the red channel would be around $25,000 RSI almost at all time highs & MACD at all time highs: Trade with caution. I'm not buying BTC here, but I'm certainty not shorting it either. Instead I'm locking in some BTC profits and looking for opportunities in the alts. Hopefully we're at the point in time where the alt season starts really warming up. Never Trust. Verify. D.Y.O.R . Not Financial Advice, this is my trading journal. Always remember: Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is key . Capital preservation above all else.
BITFINEX:BTCUSD
by TribeWriter666
5
Dogecoin will continue to go to HeavenDogecoin will continue to go to heaven !!! Following the previous analysis I published for you, Dogecoin made a great climb, but it still continues Dogecoin still has great growth potential due to the attention of most of the community The pattern I published in the previous analysis was broken and now the price is retesting the pattern At this point, if the price starts to rise after touching the pattern again, the pattern will continue to move and the target published in the previous analysis will occur. But be careful and never forget to set a Stop Limit To better understand this analysis, refer to the previous analysis of these ciphers in my profile : To support us and encourage us, like this analysis and follow us Thanks Hamid Mojarad Lecturer, consultant, analyst and trader in financial markets Consultant of reputable investment companies
by HamidMojarrad
GBPNZD, daily tf, 10-months descending trendline breakout (2)Hello my friends, I posted about this position at February 9th when i took buy positions. Price now reaching an area of conflunce resistance consisting of horizontal resistance and EMA-200. I've decided to closed my buy here first and booked +280 pips profit. I will be looking to reenter buy again later if price managed to close above 1.9330 on a daily candle. My GBPAUD also now floating +100 pips and i am still holding. I am planning to take profit once price reached 1.80xx area. IF you took both trades with me, you should be in profit as well
Long
by HayatoDragonFX
1
Risk Management: How to set a Take Profit (TP) for your trades Hello everyone: Today let's dig into an important topic of setting a Take Profit (TP). While many traders will often have different strategies and methods on a TP, let's take a look on my approach and style on this. ITs important to understand there is no right or wrong when it comes to setting a TP. ITs what you have in your plan and what makes sense to you as a trader. It should align with your strategies and trading style also. Some may take profit quicker and move on, while others hold for longer term. Understand that both methods can have drawbacks, it's what trading is, double edge. So, make sure we follow our plan and executive accordingly to our management. Otherwise we are just making emotional decisions again. Let's look at a few scenarios on how I would set a TP. Directly tie in TP is a SL. I usually will only enter a trade if I have 3:1 RR. Meaning risking 1% to gain 3% or more. Therefore my TP will almost always be 3 times of initial SL amount or room. Few TP scenarios: -Beginning of the the previous correctional structure -Double Bottoms/swings low area, watch for LTF reversal price action and correction When price breaks ATH, monitor the price action on the LTF for bearish reversal. I would want to see a trend change, rather than a pullback. Few things to consider: -Understand you will never enter at the lowest point, and exit at the highest point Make sure you have a plan before so you will not get into an emotional decision. Always know what you plan to do before it happens. No Right or wrong as long as you follow your original plan. You can of course in time modify your plan based on market conditions. Any questions, comments or feedback please let me know :) Thank you
OANDA:XAUUSDEducation
by jojofang0901
27
Drones are coming ! TAKOF drone delivery Canada is going mad !!so we covered the stock thoroughly in our DD article on our site so I will not expand here but just go over several facts: they were founded in 2014 and currently using an AI integrated system called FLYTE that is not fully AI yet and monitored by staff in DDC headquarters but I expect full AI in the upcoming years. they have 3 main types of drones the smallest called Sparrow with a range of 30km and can carry 4.5kg of payload the second drone is Robin XL which can travel 60 km and can carry 11.3kg of payload and the biggest one goes by the name of Condor and can carry over 180kg and can travel 200 km distance which looks like a mini-helicopter! the drone industry is expected to cross 300 B $ by 2030 acc to estimations by ARK invest that caused the drone industry to rally up we choose to focus on this stock because the fundamentals are great but the technical are amazing !! Let's talk Technicals: The stock was IPO at 1.3772 and it is now touching the IPO level at 1.3558- reached a high of 1.5372 last week. I LOVE that fact the POC is so high (red line)!! that is very very rare – the POC is at 1.442 which is currently higher than stock price (this formation of the volume is called P shape) The purple square on the right shows us again an unusual behavior – the higher price levels are already accumulated so the stock can easily pass these areas with no need for convergence (good !) The lower areas below 1.07 are empty meaning that if the stock drops to that area it can easily keep falling as these areas are not tested (Bad!) so we cannot have stock falling below 1.08. Stochastic is in the overbought area but we saw it correcting a bit in the last 4h which is prob because of the pump and dump behavior of the market lately which affects most of the other penny stocks. One last thing worth mentioning is the tiny gap we have between 1.31 to 1.34 which may need to get filled as gaps will usually do but this is so minor that it won’t have much effect. How would I play it > I would see pre-market action as always and see if I get a nice pullback to enter, if we see stock rallying pre-market we would not enter until around 17:00 – 18:00 UK time as it is the reverse of the true direction of the stock and can give us a nice correction entry. We at FDGT the Traders Union are very bullish on the stock and we gave it a price target of 2.7 in the upcoming 2 months - with this meme market we may see it in the upcoming weeks LOL we trade on our own rules! see you in the take profit Cheers and be safe!
OTC:TAKOFLong
by FDGT_academy
4
EOSUSDT, take profit strategy, 30.01.2021, daily timeframeTime - 30/01/2021 17:45. Timeframe - 1D. 2 conditions must be met to open a deal: 1. MACD lines cross and there is a positive trend. 2. Candles close above MA 25. Determine the resistance: Resistance 1 - 3.10 $ (12% price increase) Resistance 2 - 3.40 $ (23% price increase) Resistance 3 - 3.90 $ (41% price increase) Take profit 1 - 3.10 $. Take profit 2 - 3.40 $. Take profit 3 - 3.90 $. Entry price - 2.77 $. Next, determine the size for each TP as I think is best done: Take profit 1 - 3.10 $ - 25 % Take profit 2 - 3.40 $ - 25 % Take profit 3 - 3.90 $ - 50 % Today I only put 2 and 3 TP. Because the first one will be easy.
by Zhanna_Man