What's Good TradingViewers, I Hope you're all having a wonderful trading day full of pips and blue numbers only. Today i just decided to share some results from a trade i took at NYSE Open (15HR30PM GMT+2). Maybe you might take something very valuable from this. Do let me know in the comment section if there's anything you've picked up! So what happenned? I...
What's Good traders. First of all i wanna apologize for having went missing in action just like that on my followers or rather anyone reading this. Well, i'm back now and this is what i think might happen upon the release of the jobless claims data. A negative reaction will show Should the data be greater than our expectations and vice versa should the data be...
H4 TIMEFRAME - Inverted Head and shoulders pattern - Last candlestick closing above A support and resistance line H1 - Same Inverted Head and shoulders - Price retesting the neckline M30 and M15 - 38.2% Fibonacci test If you're taking this as a signal, risk responsibly! I am not to be held responsible for any losses and wins also! TP - 90 Pips SL - 30 Pips
Overall we have an uptrend We have some strong bullish sentiment From H1 down to M15 Fib PRZ Bounce SL : 35 PIPS TP : 15217.7 Risk Responsibly***
What's good traders, On this analysis we wanna see price declining on the fibonacci 0% level down to 38.2% or 61.8% to form a new HL before we can decide on our buy entries. Place your pending orders for the buys right on the fibonacci PRZ Levels. A 30 to 35 pips SL Is advisable and a TP 2X our SL Range or more! Risk Responsibly on both trades.
We're looking to go long in the markets on the fibonacci 61.8%. If it happens we get stopped out we'll try 38.2%. SL : 30 - 35 pips TP : 60 - 70 pips and more Risk Responsibly!
CONFLUENCE : - CORRECTIONAL MOVE - H4 & D1 UPTREND - 3rd touch Correctional move support trendline test - H1 & H4 demand zone might get tested before price shoots up NB - Looking for buying opportunities Towards 15000. SL : 30 TO 35 PIPS TP : 60 TO 70 PIPS Where to Enter? 14560.00 Before taking the trade, check the news on Investing.com or any news...
SHS pattern on the 1H Timeframe + retest/pullback to the pattern's neckline The retest landed on our FIB 38.2 Level so we're looking to go short with it down to the swing low. SL : 30 - 35 PIPS TP : 2x SL or more Use proper risk Management!
We wanna see price drop from the resistance level it's on right now to test the Fib 61.8 or 38.2 level before shooting up. A 30 to 35 pips SL is advisable on those key levels and a TP 2x our SL or more.
We want to see price testing our trendline or the SUPPLY ZONE Above it to form any sort of bearish variation that would lead to a retest on the 14750 S/R Level before going up! A BUY LIMIT Entry and 30 - 35 Pips Stop loss is advisable and a TP That's 2 times our SL or even more! BE CAUTIOUS - Wait for the drop down to 14750 before you enter - If it happens...