wstchse

wstchse

Simple setups here with great fib confluence to support targets. Nothing has been entered yet, first we must confirm the setups before jumping in. Happy Trading!

wstchse

Hello Traders, we have a great setup here based on pattern/structure. This is a textbook wave 4 continuation triiangle with price finding support above the IPO price. I have not yet taken a position on this setup, I will set an alert above the top descending trendline. Typically we will see a nice "throwback" after the initial breakout and this will be where I...

wstchse Updated 

Completing abc here

wstchse

Happy Trading!

wstchse

Notes are on the chart. Feel free to ask me any questions you may have. If you want to see the breakdown of the larger wave 1, feel free to check my previous idea posted with the larger wave count labeled. The only part that has needed to be adjusted is the wave 3, which can be tricky. This of course could change but overall I still see the bulls in favor, also...

wstchse

Happy Trading

wstchse Updated 

With all of the bearish talk going on, i thought it would be helpful to post an update of my current long call position on the sp. Currently still holding full position and will continue to hold until 295ish. We have a clear 5 wave in progress off of the local bottom to start a new bull cycle and continue the overall trend. Also note that the overall sentiment...

wstchse Updated 

There is alot going on this chart so im happy to answer any questions you may have! Looking to take profit around 295 area, as you can see that is quite a bit of fib confluence in that are, however I will look for a structure breakdown Happy Trading!

wstchse

Nice piggyback off of the last tlsa trade with a good risk to reward...just riding the waves. Good risk to reward here, i never go heavy on something this volatile, however with just a handful of shares you can do fairly well. I also see reversals happening across indices. Btw I dont trade harmonics but i threw that in there for fun as it seemed valid based on my...

wstchse

I actually ntered this trade around the $50 and totally forgot to post the idea...anyways this move is just getting started. I will be adding on any minor pbacks. At this point we will prob run up to 58 before seeing any sizeable retracement. Happy Trading!

wstchse

Great setup here given we see the abc structure playout into the ote. Also note the hidden bearish divergence, this supports a trend contiuation, and this can be found all the way through the weekly chart. And on the larger bullish move we developed bearish divergence on the monthly which also lends credibility to the setup. I will link to a monthly chart soon. As...

wstchse

I have taken a long put postion against my longterm long call position, giving me a risk free trade. Happy Trading!

wstchse

This is not something you want to risk alot on and the only reason I have taken this trade is because its simply a risk free opportunity since I have a big long call position on the SP from lower. Anyhow, just thought I would share. Happy Trading!

wstchse

nice buy setup...markets are bullish longterm across the board as well as the big gap we would need to fill. I want to also note that any high beta stocks I'm trading will always be off of profits from my main focus which is the S&P. That being said, you should not be taking alot of risk on these setups. I'm perfectly fine with watching my contracts deteriorate to...

wstchse

just an update on the way i see the current correction/structure playing out....holding longs only and will start off-setting my position with puts around 283+

wstchse Updated 

Happy Trading!

wstchse

Nice strong channel here and with bitcoin and crypto on the rise we can to see Nvdia profits increase with more people investing in minings hardware. As always my trades are purely based off of technical analysis so if you have anything to add as far as fundamentals and how you think they may impact this setup feel free to share in the comment section below. Happy Trading!

wstchse

Details on chart...five wave in progress it seems. I've also seen alot of chatter and talk about shorting tsla. All indices are bullishl, especially the NASDAQ, therefore we can expect more gains to come. Technically tsla is holding good bullish structure, with a nice abc move back to test bull tl, as draw on the chart. There are also bullish indications with rsi...