TERM
US500 - Two Possible Scenarios!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
US500 is overall bearish trading inside the brown falling broadening wedge, however, it is now sitting around a support zone 3550 - 3600 so we will be looking for short-term buy setups on lower timeframes.
If the 3550 - 3600 is broken downward, then the next support would become 3300 - 3400 in blue.
3300 - 3400 is the strongest support on this chart as it is the intersecting with the lower brown trendlines. (acting as non-horizontal support)
As per my trading style:
Since US500 is around the green support, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
and if the green zone is broken downward, I will be looking for buy setups around the blue zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
HDFC, FIBONNACI RETRACEMENT!!HDFC is currently, very undervalued. no doubt to buy this stock in every dips.
FIBONACCI, in its 0.618 area, great time to buy, on Friday, it has given about 2.25% rise(so now its great time to buy).
same uploaded for HDFC BANK also(check the link section).
Near Buy Setup Model Pair : Near/USDT (Binance, FTX,Kucoin)
Direction : LONG
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Position Size: 5-10%
Leverage :1-3x
Trade Type : Standard Trade
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Near is lying on strong daily support and bearish momentum shows weak in price movement, Mid term move started for this VIP beast ,which has gained short term momentum and is getting ready to reach our mid term targets.
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ENTRY:2.93-3.55
(OTE:3.26)
Targets: 3.65$-3.80$-4$-4.35$-4.80$
Stop Loss:2.52
Risk: Medium
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Yours Truly,
Trader Needs
10.2.2022
Aussie Rest of Year Analysis 2022The yellow circles represent major turning points. After blasting thru the July lows this market has really punished the longs. We finally may have a correction. We still have some shorter term resistances to confirm, but assuming we continue up, we will run into resistance at the previous lows. Very simple longer term view
Sell off levels out on FSDFSD Pharma and it's subsidiaries have progress in advancing their three drug candidates (PEA, Lycid Psych. & Lucid-MS) through clinical phases. After partnering with covar pharmaceuticals and Acquiring Lucid Psycheceuticals (subsidiary of FSD pharma Inc.), HUGE was able to recently purchase a new facility in Cobourg Ontario (CAD $17 million) which will be closing of May 31st. Should be a break soon to come after sell off.