Get started

Chartsetup

USDCAD BUY | Day Trading AnalysisHello Traders, here is the full analysis. Price reversal going up, levels for BUY .. GOOD LUCK! Great BUY opportunity USDCAD I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝 Patience is the If You Have Any Question, Feel Free To Ask 🤗 Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
Long
by TheGrove
1
Tesla Short Trade Setup - Key Levels Approaching!Hello Traders, Here is a short trade that I am planning to take if the right conditions arise. First off, I'm sharing this setup for educational purposes. Please only take trades that you are comfortable with. Alright, onto the trade setup... This is a trade that I've been eyeing for the past week or so, with Tesla approaching a breakout of the prior range highs at $315 we may get a potential short trade opportunity. To understand why I am taking this trade you have to understand that the broader market is very bearish at the moment. - Yes Tesla has had a nice run, however eventually the Bearish nature of this market will catch up to Tesla and will eventually take it much lower in prices. - Knowing this, I can take a short trade at key resistance levels, knowing that there is a high probability that Tesla will reverse and trend lower. Of course nothing is 100%, however I would say that Tesla heading in the near future is a high probability. ***Trade Setup*** 1) I will be entering "Short Entry #1" at the resistance level of $325 2) IF price continues higher up to the descending trendline, I will enter "Short Entry #2" at around $347. (Price changes depending on where it hits the trendline) ***Profit Taking*** There are 2 ways to approach this... Method 1) You can take full profits at the trendline marked "Take Profit" Method 2) You can take 1/2 at the trendline and the other half at the range lows. (You would use a trailing stop to protect your position and cash in nice profits if price reverses.) - I almost always use a version of method #2 (however if something unexpected occurs or I become unsure of the market I may opt to take full profits at a particular level.) Remember, this is a swing trade, to take trades like this you have to be comfortable with staying in positions for weeks at a time. If you're a novice and have yet to master your emotions, a swing trade setup like this might not be for you. - If you aren't comfortable with a trade like this, I would recommend paper trading as practice first. Thanks everyone and best of luck trading.
NASDAQ:TSLAShort
by natef1
BITCOIN - 50k + before another correction? In the last days of trading we were able to tap into the important support at the 38.2% retracement at $ 37,482 with a precision landing. From there the market showed a solid push to the north side. The bulls now have to show whether this is enough to end the current wave (iv). Theoretically, the ideal goal of the correction was achieved and the bulls could take off now. We should definitely hold $ 35,922 on this move, otherwise the upside scenario could be invalidated. Overall, we could see prices in the $ 51,000 area if we break $ 42,300. After the B wave, I expect new lows in Bitcoin . My overall primary expectation / scenario is still intact! Edit: 42.300 break check
BITSTAMP:BTCUSD
by TizTrader
USDCAD - Trade Idea USDCAD - We can see the high amount of rejection from 1.3400 key level. The only thing stopping the swing trade to the upside is the resistance level at the fib. We can short from here back to the downside with the trade if we get rejection price action. However if the pair breaks for the reasons highlighted in the chart we could be in for a nice long trade. Once the pair give us a valid trade entry I will be sharing the trade with the Alpha community, I hope you all found this chart helpful furthermore, I hope it brings value to your trading. If you did like this free educational chart please like and follow the channel, there is lots more valuable content right around the corner. Trade Safe Alpha Trading Group.
by AlphaTrading-Group