TRADE SETUP # 1 ( Based on Trend Continuation ) Buy BNB around 328 Stop @ 316 Target @ 372 TRADE SETUP # 2 ( Based on Corrective Wave & Trend Continuation ) Buy BNB around 288 Stop @ 272 Target @ 328 & 372
Bitcoin has finally tested its 200 Day moving average dynamic support level. Which was I something I was quite looking forward to. Seeing as its quite oversold. I am looking at a Key support zone @ $38K - $39K (200 DAY SMA). If price stabilizes and consolidates here it will be a good sign & give Bitcoin a breather in short term. Carefully keep an eye on where...
Reasons You Should Buy 1. Price trading well above 200 day moving average. 2. Price consistently posting higher lows & higher highs. 3. Decent volume. 4. Price weekly close was above 1.40 psychological level. 5. Good Risk to Reward ratio. Long GBPUSD @ 1.40 Targets @ 1.4140, 1.4230, 1.4340 Stops @ 1.3870 Please give it a thumbs up if you found this...
Key reasons to look for longs. 1. Price consistently forming higher lows & higher highs. 2. Price holding well above 200 Day Moving Average. 3. Price broke and closed above and held above the Trend Line Resistance from 6th of January 2021. 4. Decent price action & volume. 5. Good Risk to Reward Ratio. Buy Trade Setup Long @ 1.2060 Targets @ 1.2180,...
For Short term looking for longs on breakout and close above 1773. Once price reaches 1784 look for short setups. Buy Setup Long above 1773 Target @ 1782 Stops @ 1767.5 Risk to Reward (1:2.3) ---------------------------------------------- Sell Setup Sell @ 1784 Target @ 1763 Stop @ 1791 Risk to Reward (1:3.2)
Price has broken out of the previous bearish trend and its time to go long. First Target 1.52 & if that breaks as well and price continues to close above it we should see a retest of 1.955 with stops below the 200 Day SMA....
Going long on ATOMUSDT. The pair is trading well above 200 Day SMA on both H1, H4 and Day Timeframes. We have pulled back into a dynamic area of support and now price is looking to push back higher. Key areas for a retest are 24.40 , 27.40 & 28.50 Targets @ 24.40 & 27.40 Stops @ 21.00
Looking to buy XAU/USD from demand zone area. Entry @ 1763 Target @ 1782 & 1798 Stop @ 1756 Reasons to Consider Long 1. Price Holding Above 200 Day SMA on 4H TF 2. Price Trading inside descending triangle with a multi tested support zone. 3. Consistent series of higher lows and higher highs. 4. Decent Risk to Reward. If you enjoyed reading and agree with...
Binance Coin Market is trending pretty well and technically has valid and strong reasons to be pushing higher 1. Price trading above 200 Day SMA 2. Price continually posting higher highs 3. Dynamic Demand Zone is very close to 200 Day SMA 4. Buying dips here @ 425- 460 seems like a good zone for long positions
Entering long on XAUUSD @ 1786. Target @ 1897 & 1908 Stops @ 1776
Looking to go long on a breakout above 1.3948. Pound seems to be doing quite well across the board and we could expect a retest of recent highs around 1.4008 and a break above from there opens doors for further extensions of current leg up to 1.4036 (61.8%) & 1.4113 (100%)
Looking for long positions on gbp/yen around 151.02 with stops under 150.25. Price broke out of consolidation on the hourly and after an impulse has followed up with a decent corrective move lower. So buying the dip here with targets towards high back @ 152.00 makes sense in the current situation.
Look for longs once consolidation Structure breaks
XAUUSD finally seems to have carved out a bottom and could rise back to the top of channel if it continues to break past resistance @ 1758. Once Price tops out near or @ 1868 - 1874. We may short the pair again and sell all the way down to 1672-1688.
Is the Green back ready to pullback. It has managed to post two Hammers in last two days and is currently holding above 152.00 support area. Possibility for a pullback is definitely there as room to the upside is present, alternatively if price pushes past 152. We could continue to see further new lows around 150-148.
Long XAUUSD @ 1740.5 Target @ 1754 & 1770 Stop @ 1730.80 Wait for confirmation by break and close
The fact that we now have a breakout a potential impulse move in place. I recommend being long on it. Bought @ 0.7238 Target @ 0.7316 & 0.7464 Stop @ 0.7150
SETUP # 1 ( Impulse Wave Scenario ) Buy XAUUSD @ 1739 Target @ 1744 & 1758 Stop @ 1731.5 SETUP # 2 ( Corrective Wave Scenario ) Buy XAUUSD @ 1716 Target @ 1740 & 1758 Stop @ 1707