Action
ORLY Long on Consolidation Break-Out🐂 Trade Idea: Long
🔥 Account Risk: 1.00%
📈 Recommended Product: Knockout
🔍 Entry: +/- 922.00
🐿 DCA: No
😫 Stop-Loss: 877.99 (898.75 for aggressive trade)
🎯 Take-Profit #1: 977.59 (50%)
🎯 Take Profit #2: -
🎯 Trail Rest: Yes
🚨🚨🚨 Important: Don’t forget to always wait for strong confirmation once possible entry zone is reached. Trade ideas don’t work all the time no matter how good they look. Do not get a victim of FOMO, there is always another trade idea waiting. 🚨🚨🚨
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ORLY is in an overall uptrend and broke the consolidation trendline with a strong candle going into a bullish consolidation inside a small range. Entry should only be made if the daily candle remains outside the consolidation range (green box) today. If it falls back wait for another break-out and daily close.
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BTCUSD Greetings readers,
As we can see, market structure is kind of all over the place however, there are solid areas of price action taking place. Right now as we can see on the day time frame, price has formed a bearish head and shoulders pattern. As we are aware, head and shoulders pattern is a pretty solid pattern.
I believe price will fulfill the head and shoulders pattern so we will see more of price towards the downside. Keep the earlier order block in mind when trading. I believe price will react here. Price will either continue to a lower OB which has not been mitigated or reverse from this point and mitigated bullish OB's.
Have a great weekend and be safe!
USDJPY | SELL | Weakness DXYMRZ =multiple retest zone.
-After News 2030 hrs, USD weaken = DXY continue bearish sentiment.
-price unable to make new high, this further strengthen my bearish bias on UJ.
-i predict price may break lower trendline, opportunity to add more position.
trade idea:
-risk 1R ; TP Open.
Entry: 139.500 , SL 20pips
Trade management:
1. Price break LL, add position, risk : 1R
2. Price reject/retest LL, wait till bearish CS formed before enter. Conditions, CS must formed during active sessions , London/New York Sessions.
GBPUSD DOWN for liquiditySure! Here's a condensed version of the format for writing trading ideas on TradingView:
1. **Title**- GBPUSD DOWN for liquidity
2. **Symbol and Timeframe**- 5 - 15 min
3. **Overview**- GBPUSD will be down to grab all the liquidity as shown
**Disclaimer*- Only my viewpoint take trades on your analysis.
A tool for period trend & price calculations. Hi,
I have tried and used all tools and luckily I can say, the #tradingview has unique and #amazing tools for all traders of the world.
Today I am just analyzing chart and price change i.e. momentum, and was searching a tool for price bracket, but it is unavailable in the tool bar.
So what is this price bracket? I am also sharing my #banknifty 1H chart, where I was trying to get that.
Actually I am using #rectangle to bracket some candles, so I can calculate how the price moved during the period. And for more clarity I used my excel sheet, what a complications! isn't it?
Well; I would like to suggest my #ideas that I am seeking a tool for this type of calculation, although I take support of the tool #measure but it is not work for my desired calculations easily.
I am also sharing a image of what it will look a like.
Thank a lot for your chartings, It really worked more.
Mar/2023 Plan for $SOXLGT ($8.77) - VTN ($12.5) - Fibo ($12.45)
Plan A: Sell put option one month expire to earn premium at $12.5. Goal to earn 4% monthly premium from collaterals money.
Plan B: I am willing to hold SOXL long-term at $12.00/share if I need to exercise my Plan A sell put option.
Plan C: I will sell cover call option for Plan B to earn 4-5% monthly premium income from the stock value and dividend income.
Plan D: Only sell my SOXL at $19.00 for 55% capital gain from $12.00. Or I will continue to do Plan C to earn 4-5% monthly premium income from the stock value and dividend income.
SELL ON BTCUSD PART 2 - ANOTHER ENTRYlooks like BTC is melting temporarily. it broke structure, showed signs of correction & now we should see a continuation to the downside. SHORT sell entry. after it hits our tp then we can probably see if it will BUY or continue down & if so, we'll analyze some more for an entry.
GBPJPY BUY SETUP FINALLY ARRIVEDvia previous previous idea. we've been waiting for this setup! patience will pay off! lets wait for a bullish rejection candle off of the 50% or 61%. which ever works in our favor, we will take it! if we can catch a bullish rejection & a engulfing on the 30 timeframe, that would be perfect. if it respects the 50% place your SL below the 61% & if it goes down to the 61% then you would need to place the SL 30-50 pips below that level.