$EXR longAs you can see on the chart - when the price re-tests the broken trendline I'll enter the market. Seeing an upside potential. Good trades, folks. ;)
Fiblevel
Possible double top on 4hI think this is a nice possible short to at least ~1275, the take profit levels are based on the golden pocket fib level as I have explained on chart and I can see the price going there. But, my first take profit will be ~1275, because I think there can be a bounce there. I think stop loss needs to be tight here since it's based on double top.
Notes:
The path I have drawn is only the direction and I have not strictly considered support/resistance levels while drawing it.
This is just a possible scenario I'm seeing, thank you for reading, I would love to see any kind of feedback.
I like my charts clean and I don't like bright/flashy colors so I use colors that I feel most comfortable with, especially with my monitor. If I use bright colors it burns my eyes.
I'm also a fairly new trader and got a lot to learn.
Ford - A good spot for a swing trade Long?Looking at the Ford weekly chart, share price has fallen hard since Jan. of this year with no relief pull-back. Well over 50% from the low in March 2020. Is it at a good level now for that pull-back to happen?
Notice a possible head and shoulder formation brewing in the works. Price is at the 200ema on the weekly and at the .618 fib level. The .618 fib level is at a point of support also. Stoch RSI has been under 20 since early Feb. Maybe a good time to pick up a few shares for the longer term investor. Or possibly a nice swing trade long.
It'll be interesting if price just destroys this zone or reacts to it.
USDCAD SUPPLY AND DEMAND ZONES TO WATCH OUT FOR.USDCAD just broke out of a descending triangle on the 1HR TF. we expect price to rally down to 1.27900 DEMAND ZONE before moving up 1.2700, which is our SUPPLY ZONE. our (POI) is also the 0.618 fib level, and we are looking to short from here.
kindly follow back and leave a comment.
TrendyTrades: SPCE Going Up!SPCE is back in a Supply Turned Demand and closing nicely above fib level. Always looks for some sort of confirmation when taking these trade ideas.
GBP/JPY SHORT I believe GBP is in very overbought territory and is due to fall fast soon. This chart is the 0.618 fib level and also a key resistance level. If it breaks i think at will only be a false break out before crashing down. Wait to see how it reacts to this level before entering a short but i think the risk to reward makes it a good trade. please give feedback and comments
BTC - Slippin' and a-slidin'Slippin' and a-slidin'
Peepin' and a-hidin'
Been told a long time ago
Baby, I've been told
Baby, you've been bold
I won't be your fool no more!
gifto - 100% return trade ideaGifto is sitting at a nice buy zone currently. Upon hitting the next fib level would give about 100% return....I am watching this one closely. What do you guys think?
