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Buythedip

Ascending triangle = BREAK UP (BUY THE DIP & HODL TO 13.8k)Good afternoon folks - Yurlo Hit that like button for me if you appreciate these calls & charts 👍👍👍👍 Did you catch the bottom? 11.8k - 12k looks like it's consolidating and turning into strong support before we break through 12.2k & 12.4k. Short term target: 12.7k Moving Averages: 20 / 12013 50 / 12083 100 / 12124 200 / 12087 (13.3k Fibonacci Level 0.618 & 13.8k target #2) (12.2k will become support in the near future) Remember guys, stick to your trading plan and TA. (if you go against your TA & react based on your thinking/emotion the market will win and you lose) Be safe, and enjoy the volatility. Gonna be glorious when we reach new ATH's!!! I love you all. <3
BITSTAMP:BTCUSDLong
by Yurlo
16
DONT BE GREEDY, TAKE PROFITS & BUY THE NEXT BUY (11.9k - 12.1k) I've got orders around the 12k area (BUY) In bull markets we don't place sell orders or short (IMO) I'll be taking profits, setting buy orders at key levels (support), and then taking a mental break for the day. If you really think the market will allow this much free helicopter money to flow around I'd consider rethinking. We've already seen a $700 USD jump in price today. (I think there will be buy opportunities at lower levels, although I could be wrong considering the bulls look strong) I'll post an update in a few hours, going to clear my head and make some breakfast. Enjoy your day. IMO
BITFINEX:BTCUSDLong
by Yurlo
4
7 Reasons to buy DXLG now!DXLG Destination XL Group, Inc. is a leader retailer in Big & Tall men's apparel. Company is publicly traded since 1988 The Monthly chart shows a buy setup in 7 different aspects 1) Massive buy volume in the month of July. Buyers are mostly institutions as you can see in the following link. As of today 70% of shares are held by institutional funds. i.imgur.com 2) Absolute third bottom since 1998. The last time DXLG was at this price was during 2009 crisis. This is the definition of buying the dip. 3) Tom Demark Sequence reached 9th sequence. For those who know about TD Seq , numbers 8 and 9 indicate a reversal 4) 3 different divergences are formed at this level. MACD , VWMacd & MFI . This means price has to be higher according to these indicators but instead it went lower and created a divergence 5) Williams Vix Fix Indicator is used to identify the bottom of a trends. As you can see from the green bars that we reached the bottom and a reversal is imminent. 6) SToch RSI is bottomed and now picking up 7) MACD in the red area heading towards green Cash Runway Analysis Stable Cash Runway: Whilst unprofitable DXLG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level. Forecast Cash Runway: DXLG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 50.4% per year. Company got hit hard by COVID-19. Brick & Mortar stores had to close temporarily but sales continued through website and Amazon.com In a medium term trade(1 - 2months) you can target a reasonable profit of over +25%, the longer you hold, obviously the more profitable it gets according to the past data. As you can see the stock traded between $0.3 / $15 in the past. Please do you own due diligence and remember it's a chaotic year, so always look for safe plays.
NASDAQ:DXLGLong
by Kryptolinks
USD/JPY - Great Opportunity To Buy The Dip!Hello Traders!, Today I've come across some short-term USD weakness which seems to be playing out as a bullish retracement for further impulses. In this instance I've located a great opportunity to buy the UJ pair with a great 50 PIP target. Lets see how it plays out! What Is The Market Telling Us? Market has reversed on previous bearish trend @ around the 106.600 level and has been trending upwards with higher lows We have had a clear break and retest of our initial support which was previously respected 14EMA sloping downwards which confirms our retracement phase, MAs are still showing bullish sentiment for the market environment When Should We Enter? Since we are already in a clear break and retest phase within the market, we should look to execute BUYS soon BUY as soon as we have a bullish closure above our initial support as it confirms support is holding
Long
by forexwithfred
1
LONG - Dow Jones Industrial Average (DJI)Hi there! This idea/trade is pretty simple and it comes up few and far between. It is strictly based on price and nothing else. Human nature never changes and it's interesting that the two times this has happened in the past were also during "panics". These trades typically last a few months so just keep that in mind. The details are below. All the best, Andre CHART INTERVAL 2W (2 Weeks) THE SIGNAL When the close is more than -3 standard deviations below the 20 period linear regression on this time frame, it indicates an amazing long opportunity. The exit is a 2W close above a 10 period simple moving average. THE RESULTS This has only ever happened twice: First Time Entry: November 11 1929 @ the open (220.39) Draw down: -11.36% Run up: +24.78% Exit: February 2 1930 @ the open (270.54 +22.76%) Second Time Entry: October 26 1987 @ the open (1839) Draw down: -5.72% Run up: +13.00% Exit: February 29 1988 @ the open (2032.20 +10.51%) THE RISK As you can see from the trade draw downs the maximum is -11.36%, of course it is absolutely possible to exceed that. **Important: Remember that leverage increases the draw down number... i.e -11.36% with 3x leverage is -34.08%***
DJ:DJILong
by GlobalMarketSignals
1