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Bounce

NZDCHF I Will return to middle of channel +120 PipsWelcome back! Here's an analysis of this pair! **NZDCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
9
DEAT CAT BOUNCEHey guys, I went back in the chart and circled what I considered to be similar situations to where we're at right now. I think over the next month, there is an extremely high chance CAT has a fakeout rally that could very well reach $225/share. That being said, I don't expect it to breach ATH's, and I expect the rally to be an incredible shorting opportunity before a potentially violent markdown phase. The agriculture sector is still relatively high up, and when you look into it, it is fresh off of distribution and primed for a markdown(made obvious in names like DE, CF, and MOO). I am currently waiting on CAT to rally, hopefully up to $220-230/share before selling my position and flipping entirely short on the stock. I expect this stock to see the low $100's well before year-end. Disclaimer: I was previously short CAT, and am currently long CAT at $180/share in anticipation of a dead CAT bounce(ha)
NYSE:CATShort
by MichaelEugen1
2
USDCHF I Approaching Demand Buy Zone!Welcome back! Here's an analysis of this pair! **USDCHF - Listen to video! We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met. Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support! Brian & Kenya Horton, BK Forex Academy
Long
by BKTradingAcademy
5
BTC: BULLISH PATTERN IN LTF! WEEKEND RELIEF RALLY?Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this quick BTC update. BTC is forming a falling wedge pattern in a 45min time frame. A falling wedge is generally a bullish pattern. Currently, BTC is trading near the lower trendline of the wedge. We can expect a weekend pump from here. If it breaks out from the falling wedge then we can expect more pumps. Invalidation level:- If any candle closes below $18,600 then this chart becomes invalidated. If you like this idea then do support it with like and follow. Also, share your views in the comment section. Thank You!
Long
by CoreCrypto1
1
KNC - Bounce from the trendline, easy moneyReasons to take short ⭐️ Buyer on BTC ⭐️ Trendline is clean ⭐️ Volume increased ⭐️ Impulse down ⭐️ 3rd touch ⭐️ 100 ATR Fix profit by parts: 2% - 1/3 4% - 1/3, stoploss to breakeven What's left, hold to the maximum What do you think of this idea? What is your opinion? Share it in the comments📄🖌 If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Long
by Artem_Dishel
5
Bounce Risk for Selling ShortStocks that are falling rapidly often have the illusion that they will never stop falling. The panic that settles into the mindset of an investor who is watching his or her profits and capital erode overnight can overwhelm a stock’s price action. So for a brief time, the stock can behave outside of what the chart patterns would suggest was reasonable. But the higher risk is always the bounce. Stocks can bounce without warning. Huge up days that form in a downtrend can cause significant losses for short sellers. A stock bounces because it hits a price point where: 1. b uyers are waiting to go long 2. where large-lot short sellers are preparing to exit Monthly and yearly highs are areas where there is risk for a bounce. These bounces are often caused by small-lot investors and traders perceiving this as a good place to buy a stock that has corrected. The old adage, “buy low and sell high,” prompts the uninformed to buy as a stock is running down without understanding the dynamics of a downtrend. So they buy at monthly and yearly highs when they are called out by the various news and trading chat forums: “XYZ has hit its 52-week price, this is a good time to buy XYZ.” Another big bounce area is far more important: the monthly lows and yearly lows. This is the price range where the wiser bargain hunters and bottom fishers lurk around. They know that low area is solid support and that a downtrending correction isn’t going to last on a strong company. Therefore, lows pose even bigger risk of bounces that actually can reverse the downtrend, especially if the steep descent has been underway for some time. A stock may nearly pierce through a sturdy support level, reach the yearly low and then suddenly make a V-shaped short-term bottom or shift sideways depending upon the strength of the stock and company. These sudden changes of trend catch many short traders unaware and create larger losses than monthly and yearly highs. Sideways patterns also create sturdy support levels where large bounces can occur for the rapidly falling stock. Moving averages for long-term trendlines are another area of strong support where bounce risk is high. How to avoid bounces for selling short: Identify each area where a stock could bounce. This includes the highs and lows of sideways action from prior years. Identify long-term moving average support on weekly charts. Identify monthly and yearly the highs and lows. After you have identified all support areas, determine if this support will be weak, moderate, or strong. Weak support will seldom cause problems for a falling stock and usually a resting day, at best, will form. Moderate support can cause a bounce that can take out tight stop losses and strong support can potentially wipe out a wider stop loss for a bigger loss. It is important to calculate the point gain to the lean side when selling short because bounces can occur before the support is actually touched. And do not be fooled by the falling stock that runs just beyond the support level--often a small run beyond the lowest low is just a ‘gottcha’ sell short entry for bargain hunters. This is the area where you will find the larger reversal candle patterns. Selling short is a faster-paced trading condition. It can be more lucrative with faster profits than the upside at times, but you must have plenty of experience to watch for high-risk areas in the downtrend and a strong mental attitude that allows you to cut losses quickly.
NYSE:DACEducation
by MarthaStokesCMT-TechniTrader
AMZN: ON THE DIVING BOARD.AMZN is currently sitting on a major historical support between 2020 and 2080. I believe it has never been so oversold. It does't mean it cannot go lower. So, will it dive? One thing is for sure, tech and growth are not in favour. You have 3 options here: 1. You think the support holds. Go long. The coming stock split could boost the price. 2. You believe the market keeps on selling. Short it if it breaks the support. 3. Wait for lower levels (1683, 1593, 1346) to go long. Pick your winner. Trade safe!
NASDAQ:AMZN
by Elpidaldo
Short term APE entry and possible levelsThis is a very short term IDEA. As asia wkes up to a pure rout and realizes that there are no more macro news to be priced in this month. I believe we will see a very short lived rally. I stand by my prediction that over the course of the next couple of weeks APE will reach 1.03$. However for a quick scalp it is looking sweet to buy 7.70 and sell 9.50-10.05$. High risk play given current market volatility. Maximum 1% cap trade.
Long
by TheBitcoinGeneration
2
S&P Bounces At $4000The S&P 500 continued to decline last week. Past levels of support formed from previous lows, so we had to look at the next obvious level of support. In this case, it was not a previous high or low but a psychological level in the form of the $4000 round number. The weekly timeframe clearly displays a reversal candle that did not close below $4000, which is a good indication of it being a strong level of support. Price could still break this level, but for now, it is holding. What we want to see going forward is a bounce from support and a resumption of the bull trend. A pattern of higher highs and higher lows will indicate bullishness in the market. If you like enjoyed this post, make sure to like, and follow for more quality content! If you have any questions or comments, comment below. We reply to every comment! See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
TVC:SPX
by Sublime_Trading
4
Potential Bullish BTC 11 May 2022BTC 11 May 2022 The current implied volatility is at 81.61%/year So that converted into daily is 5.14% The opening price was on 30970 So based on that our TOP 32600 BOT 29410 This channel has a 88.3% change to sustain based on the last 290 candles At the same time with 79.3% changes TOP 32200 BOT 29800 From fundamental point, today we have CPI release and this marks a huge volatility moment From volume point, current POC is around 31100 So based on this, and how the SPX market moved in the last 12h aprox, I can expect a small bullish moment for this we can wait and make a long entry around 30k, with a stop loss on 29750/29500/29410 The other was is to not wait for the rebounce on the support and instead just enter now, with the same stop loss values. For take profit look for 31k+, after 31k you can start securing some profits and move the stop loss on break even.
INDEX:BTCUSD
by exlux