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Fibretracement

AAPL has IndoChina headwinds SHORTAAPL is here on a 120-minute chart in what appears to be a falling wedge pattern. As volatility gets compressed further it could break down or break out with a bais for the latter. I believe that the rise of generic phones in China and Inda with comparable cameras and other functionality has impacted AAPL as had the rising prices of its flagship products. Time will tell how this plays out. In the meanwhile, I will consider that AAPL stays in its wedge and play the top trendline with a short and go long from the bottom. At present , with price at the upper resistance trendline, I will add to my short position. I see AAPL staying underneath the 0.5 Fib retracement level of the uptrend for the time being.
NASDAQ:AAPLShort
by AwesomeAvani
COIN - Reckoning Incoming?COIN has been on an epic run. What goes up must come down as they say... but Bitcoin is at 73k tho bro. Just think of all the people who bought when it was at ~$50. A lot of institutional investment decided they were not going to miss out crypto this cycle and anticipated the run up. They are definitely going to take profits now that they are up almost 400% and they are also going to make sure to take advantage of the recent upsurge in retail interest and start selling into the momentum.
NASDAQ:COINShort
by Goontata84
9
ETHUSD LONG Sitting on Demand Zone Fib TargetsOn this 15 minute chart from the candlesticks, supply and demand zones are tool drawn. The resistance trendline and flat bottom form a triangle pattern. The Fibonnaci retracement tool is used to find likely targets which are also pivots to the left. The dual TF RSI indicator by Chris Moody shows both the faster 5 min and the slower 60 min rising over the 50 level with the faster higher than the slower. The times straddle the chart time. Based on all of this I will trade a swing trade long on forex with leverage set at 20. Partials taken 25% at each target to minimize risk. Stop loss initially 40 ( the height of the green demand zone) then raised by 22 every time price moves by 20. Expecting 60% profit overall in consideration of a tiered closure and the leverage for a trade of 10-20 days depending on the trend angle moving forward.
BITSTAMP:ETHUSDLong
by AwesomeAvani
1
BA Trade Setup into Earnings by Fib Retrace / Volume ProfileBA is shown on a marked up 120 minute chart with a Volume Profile and Fibonnaci retracement levels as well as the trend angle reversal at the consolidation upon finding support at the bottom of the high-volume area of the profile. The fib levels suggest targets. Risk in the trade is after earnings reports of "beats" will drive the action higher or "misses" will cause a down trajectory. Volatility will increase as the earnings date quickly approaches. Some traders may want to close a winning trade just before earnings or take a predominant partial close leaving the the rest to move through the storm looking for blue sky. I have a risk appetite here. I will take call options for February 5th striking OTM at $240. I will cut them no later than 24 hours before earnings or when they hit 200% if that happens beforehand.
NYSE:BALong
by AwesomeAvani
7