Short trade setup Keep your stop loss intact for the trade Watch for breakout of identified channels
Short term and long term trade setups Trail your stop loss with proper Risk Reward
Flag and Pole Breakout AB = CD Respecting 31EMA support historically (S&R) Took Support from 31 EMA Ready to take a Bullish Ride Take your trades with your R:R, trailing stop loss
1- Series of HH, HL --> Bullish Trend; Dow Theory 2- Above Trendline Support 3- Every time it hits trendline support, it takes upside movement 4- Biased: Bullish Buy @ 160.8 SL @previous HL: 145.75 TP1 @ 180.5 TP2 @ 187.5
Trendline resistance breakout. (Confirmation of false breakdown) Setup is ready for long. 1- Series of HH, HL --> Bullish Trend; Dow Theory 2- Above Trendline Support 3- Every time it hits trendline support, it takes upside movement 4- Biased: Bullish Buy @ current level (164.4) Buy after retest of trendline (162), confirmation of HL Tight SL @ 153.25 or...
TASI Probable Harmonic Pattern. Bulls Support are needed for Bullish Reversal
Bullish Indications 1- Ascending parallel channel 2- fib @38% Bearish Indications 1- Dow: LH and LL 2- Shooting Star 3- trendline support breakout Biased: Long Trade Plan A: Long Buy @current price (323) with SL @ 315 TP1: 331 TP2: 339 Trade Plan B: Short Sell @current price (323) with SL @ 328 TP1: 315 TP2: 307
Bullish Indications 1- Dow: LL and LH 2- Inverted cup and handle pattern 3- Bearish divergence on Chaikin oscillator Biased: Short Trade Plan A: Sell @ current price (130) SL @ 145 TP1 115 TP2 100 Trade Plan B: Short @neck line (115) SL @ current price (129.6) TP 100
Bullish Indicators 1- Bullish engulfing candle 2- Support @ 50% fib level 3- Bullish divergence on Chaikin oscillator Bearish Indicators 1- Dow: making LL and LH 2- Trendline support broken Biased: Long Trade Plan A: Long Entry @current price (69) SL @ 65 TP1: previous trendline support 73 TP2: 79 Trade Plan B: Short @68 SL @ 70 TP1: 64
Bearish Indicators 1- Bearish trend is confirmed after LL 2- three black crows at top trend reversal Bullish Indicators 1- Current price @fib 38% level of complete trend 2- Next Support @fib 50% (99.32) Trade Plan A Long @current price with SL @106.24 Trade Plan B Short @106.24 if 38% fib level is broken SL @113 TP1 99 TP2 84
Bullish Indications 1- Bullish AB=CD complete @ 66.90 2- Major support @ 66.90 Bearish Indications 1- Dow: Series of LL and LH following downtrend 2- Trendline support Plan A Short @current price SL @ 72 TP1@66.90 TP2@62.90 Plan B Long @66.90 TP1 75.90
Al Rajhi Bank continue to make new highs Bullish Indications 1- Dow: Series of HH and HL in continuation 2- Candle stick: Inverted Hammer 3- S&R: Trendline support 132 4- Fib Retracement @38% (132) @50% ( Bearish Indications 1- 3 black crows at top 2- If fib level of small parabolic move @68% (132) and trendline support at same level are broken, then trend...
Basics of Bearish and Bullish Trend Dow Theory Enter On-going Bullish Trend with Stop Loss