Hello fellow traders, this idea is based on the support/resistance levels and candle formation. The price has bounced off the support level and reversal daily candle formed which suggest finally the trend is to change. The take profit at level of 700 being the psychological and resistance level tested previously. The trade is at 1:2 risk to reward ratio, always...
Hello fellow traders, This idea is based on the fact the price has reached 4.10 being the lowest for a long time and as it's also on the weekly EMA200 it's a good place for the price to have a turning point at least to the Fib level of 0.382 at 4.25 This is not a trading advise it's just an idea so trade carefully, place your bets with s/l being at your own nerve...
Hello fellow traders, This idea is based on the fact the bullish signs are here- RSI divergency, doji 1h candle, and of course support level- this is an early opportunity to enter the trade while the market might just reverse at least till the t/p profit around 77 This is just my idea not a tradind advise, always protect your capital with s/l good luck
Hi all, Presenting my new idea on Natural Gas which has had yesterday some impressing price action while indexes were falling., today is another important day and lets see what happens As you can see the drop of price from 3rd -10th March measured by Fibs is 0.618, taking this as a correction in a rising trend we are given a price close to 4 USD (measured by...
Hello fellow traders, This idea is based on the Descending trend and price level of resistance marked in shaded red colour, also the most recent inflation figures being 0.5 worse than expected suggest we are in worse reality than everyone thinks, there is also an option for the market to hit another high before falling hence the s/l at circa 4050 once the daily...
Hi everyone interested, As you know from my previous analysis I am bearish on the market despite the fact employment figures went up during Christmas :D I have closed my short trade on Friday to re-open today as we have approached the resistance zone and if not broken I bet we hit 3500 support. Zooming out to daily we are in a downtrend towards the Monthly...
Hello fellow traders, This analysis is a continuation of my earlier short position which was closed and waited for the signal to re-open and as you can see weekly Doji candle indicates the reversal of the rising trend, resistance zone above as s/l and support being the target of t/p- Risk reward- 1: 3.6 ! This is just my idea not a trading advise, always protect...
This analysis is based on the idea of significant historical price levels and RSI divergency seen on 1D chart This level of price has been previously reached in April 2018 and now after 5 y there is a high possibility of the reaction, check out the RSI bullish divergency, I think this is a good time for a long position at least till price hits circ. 18.64, with...
Hi traders, This analysis is my first for a crypto market for a long time since I am quite bearish on the whole market at the moment but I have decided to invest today in ANKR despite looking at the project, noticing the rising volume and seeing the chart I think it will go back to 0.18 USDT at least I have my s/l for the position just below 0.39 and will...
Hello traders, Great level of the support zone and early sign of change of trend- see 4h divergency, with a return of 2.7 I think it's worth it but don't take it as an investment advise it's just my idea with a s/l I won't risk too much! T/P at 0.382 Fib being also resistance zone management of the capital is a one of the key to success as a trader
Hi Investors and traders, This idea is based on a support/resistance zone with technical indicators such as RSI see bearish divergency formed and 1D Doji candle . In addition with unemployment data being published and overall look of the oversold market and signs of recession I am opening a short position, please do not take it as a trading advise it's just my...
Hi again, this is a continuation of my earlier analysis posted on 17th Jan'23 as I have moved my s/l to the opening position of the trade, see the 1h chart with this falling wedge pattern forming chances 70% the price will hit the target as marked surprisingly being the target I'm going for, Remember- this is not a trading advise it's just my idea, always protect...
Dear All, this idea is based on the fact the price has reached the resistance zone and since the news are sooo good I wouldn't be surprised this is just a beginning of the further drop and probably hitting the target of 3k This is just an idea not a trading advise! S/L highly recommended (above the resistance zone)
UK100 GBP Falling trend, DOJI candle, dropping volume- SHORT! This idea is based mainly on the trend line. The price has reached the edge of the trend line and we can see a doji candle formed at 1D interval, also look at the dropping volume, I would say the correction has ended and the price is just about to drop, which would be in line with the recession we are...
This analysis is based on the price channel idea while the support level has been hit and worked as can be seen looking at 4h interval. The t/p target is 0.618 of the recent drop This is just an idea not a trading advise, please always protect your capital with a s/l in this case I have shown it below the support level with a risk ratio of 1:4
This idea is based on the resistance level and with s/l at 1.038 we are heading for the profit with a risk at a ratio of 1:2.8 (T/P 1.01) Bearish divergency and DXY which needs to take a breath! This is just an idea not a trading advise, while trading protect your capital with a s/l you can handle without loosing yourself
This idea is based on the fact USDJPY has been trading at this price level for quite a while, see weekly chart and the reverse wicks, this time my t/p is at 1:6 ratio matching support level and EMA 200. S?L at the resistance level just above 145, please remember this is just an idea not a trading advise! always protect your capital with a s/l you can handle :)
Hello fellow traders, this idea s based on the price channel hitting the bottom and the strong support level as indicated with the shaded green colour. I have placed the s/l just below the support level and t/p is just at the range of resistance level being the safe estimate of the price level when we might notice some action. Take profit to loss ratio 2:77 I am...