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Fibretracement

LKE Strong TrendLake Resources NL (ASX:LKE; OTC:LLKKF) is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina. The projects cover 200 sq km in a prime location within the Lithium Triangle, where 40% of the world’s lithium is produced at the lowest cost. Lake Resources looking bullish: - Strong Uptrend respected - Previous targets complete - Bullish Channel confirmed - MACD Bullish - RSI Trending Bullish - Bullish bounce of .328 Fib Retracement over last 2 days - Bullish Buying Volume - Market Structure currently Bullish Bearish Move: - Im expecting some Bearish action as traders take profit, RSI is slightly overbought. Consolidation within channel is possible. Watching Closely "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
ASX:LKELong
by Trader_Johnni
EURUSD - Counter trend trade idea! EURUSD - Counter-trend trade opportunity! Hello, It really feels good to be back in-front of my desk! I unfortunately had a very dismal start of the year but I am back and ready to smash this year and to post trade ideas on a more regular basis! If you have any trades you'd like me to go over - Message down below or private message. It's free! Now, Last week - I did miss out the great DXY strength we got - " SQUEEZED!". But, as I always say - the market is full of beautiful opportunities, really does depend on your patience. EUR - COULD Head down towards 1.20 and perhaps 1.19/1.18 before a further increase to areas of resistance: 1.25 - 1.34 - 1.40! Resistance Areas: 1.22210 - 1.22415 Support Areas: 1.21660 - 1.21200 - 1.20810 Pattern wise: Descending wedge formation broke out, any pull back towards 50 EMA would find a reaction of resistance. Measuring the pattern - target = 1.20800 Areas. Please do remember, this is a counter-trend trade idea. For those Dollar bears - Yeah I agree Medium/Longer term I am of course bearish the dollar but I do really like a good risk/reward towards my trades and if we do head towards 1.20 and lower I will be of course buying into EUR further more towards longer term resistance areas. Key Tip: Follow your own trade plan and execute wisely with the correct risk management. Have a great week ahead. All the best, Trade Journal (TJ) Remember: Just a trade idea, not a recommendation.
by Trade_Journal
$XRP/USDT 2h (Binance Futures) Ascending triangle breakdown#Ripple is not looking good after that break and retest, worth a try for a scalp. Also Grayscale selling their bag and all the Exchange delisting for U.S. customers aren't helping to go up! Current Price= 0.2291 Buy Entry= 0.2274 - 0.2354 Take Profit= 0.2120 | 0.1874 | 0.1710 Stop Loss= 0.2508 Risk/Reward= 1:1 | 1:2.27 | 1:3.11 Expected Profit= +8.38% | +19.01% | +26.10% Possible Loss= -8.38% Fib. Retracement= 0.5 | 0.786 | 1 Margin Leverage= 1x Estimated Gain-time= 120h
Short
by TradingOn