Funded
PARADIGM - 160% PROFIT TO CONTINUEPay close attention to PARADIGM (PAR). 3 Potential Moves
1. We bounce off the .382 Fib level and return to test the 2.80 mark which we saw on 11/05/20
-Being the end of the trading week I suspect the latter.
2. We break the .382 Fib level and Uptrend and head for the 'Golden Pocket'
-Bounce off strong support at 2.00 mark
-MACD is starting to squeeze but if we find momentum next week we could start to spread again.
-PAR loves the .5 Fibonacci Retracement level. (Short term fact)
-We hit the deeper uptrend and continue back up towards the 2.80 mark to test a strong EQ Resistance Level. Very Possible
-It regains buyer momentum in the 'Golden Pocket' between the .5-.618 Fib Level. Very Possible
-Positive news released early next week bring strong buying sentiment back into the market and create an Higher Low ready for the next leg up.
3. We BREAK both uptrend trendlines creating NEW Bearish Market Structure and head for the next Major Support @ 1.48
Another company im keeping a close eye on. PARADIGM BIOPHARMACEUTICALS LTD is a late stage drug development company with their aim to treat musculoskeletal disorders in humans with degenerative disease driven by injury, viral infection, aging or genetic predisposition.
They have a cash balance sheet of $108 Million (06/04/20), FDA Approval, IP Protection & Patents, Agreements that stand for 20 years regarding manufacturing, Fully funded until 2022. EYES ON!!!
These Ideas are NOT 'Financial Advice'!. Scenarios are based off a mixture of TA and Fundamentals current at the time. All IMO GLTAH. Happy Hunting!!!
Great level for reversal position on EUR/USDThe demand below seems like a great level for intraday reversal position,
For now, the price seems bearish and the demand below is a great demand to buy EUR/USD.
This position is considering an intraday position, I'll buy this demand on the first touch of the price.
Key Levels for Intraday positionsAs we can see on the chart, I marked up 2 critical levels for intraday positions on EUR/USD.
It seems the price on his way to reach the supply above,
If the price touch the demand below before reaching the supply above I'll buy at this demand level and the supply above will be the target.
If the price reach first the supply above I'll sell there and the demand below will be the target.
Both opportunities are for intraday Forex traders.
Intraday Key Levels for GBP/USDThese are the next critical key levels to look for intraday positions on GBP/USD.
As we can see the price is bullish at the moment and it seems the price on its way to reaching the supply above.
The demand below seems like a great continuation level for a buy position and if the price retrace that demand I'll buy there.
The supply above is a great level for sell position as a reversal position.
Great Continuation Level for Buy PositionAs we can see in the M15 chart the price created a new demand below,
This demand seems like a great continuation level for the bullish momentum.
I'll buy on the first touch of the price and the final target for this buy position will be 1.2320 zones.
AUD/USD: Continuation opportunityAUDUSD seems to stay bearish until 0.6600, it is the next fresh demand that we can see on the weekly chart.
The supply above seems like a great continuation level for sell position.
I'll sell at this supply on the first touch and the target will be 0.6600 zones.
EUR/CHF: Quasimodo Pattern for Buy PositionThe EUR/CHF price has a nice rally in the last couple of hours,
This rally creates also Quasimodo pattern which is a reversal pattern.
The right level to buy EUR/CHF is the demand below, if the price reaches there I'll buy.
The final target will be the supply above.
GBP/USD: Opportunity for Swing Sell PositionAs we can see in this H4 chart, the GBP/USD price created a new supply above earlier today.
It seems like a great level for sell position as a for swing traders.
If the price retraces that supply I'll sell there and the final target for this position will be the support below.
GBP/USD: Key Levels for Swing TradersAs we can see, the price creates a new demand below that broke out the previous supply from left.
It indicates strong demand,
For now, it seems the price on his way to reach the supply above, and therefore, if the price retrace the demand below I'll buy there.
The final target will be the supply above.
AUD/JPY: Great Continuation LevelAs we can see in the H1 chart, the price changed the momentum to bearish.
It seems the price now tends to reach the demand below.
At the moment, the price gets really close to touching the supply above which is a great level for sell position.
I'll sell at this supply at the first touch of the price and the demand below will be the final target.
BTC/USD: Waiting for the Price at The Right LevelBTC/USD price is now between two critical levels.
There is a fresh supply above and a fresh demand below.
both are great levels for positions and both holding massively unfiled orders.
I'll sell at the supply and I'll buy at the demand.
GBP/USD: Intrady Key LevelsAs we can see on the M15 chart, the price gets close to reaching the demand below.
This demand seems like a fresh one and a great level for intraday buy position.
I'll buy at this demand and the target for this position will be the supply at the top.
This supply is also a great level for sell position, we can see how fast and strong the price dropped from that level.
I'll sell at this supply if the price reaches there.
AUDJPY // SHORTHello Traders,
I`m looking for a short on my trading Setup. My style of trading is more for a Swing Trade. I created a Trading Plan based on Value Investing.
Please, don`t be greedy.
-> $2,000 per 0.01 std lots.
If re-entry is necessary, double the lots from initial trade.
I`m a Forex Fund and Accounts Manager with more than 8 years of experience.
Maximum DD: 3% of your balance.
Trade Safe and stay tuned for possible updates.
NZDUSD // LONGHello Traders,
I`m looking for a long on my trading Setup. My style of trading is more for a Swing Trade. I created a Trading Plan based on Value Investing.
Please, don`t be greedy.
-> $2,000 per 0.01 std lots.
If re-entry is necessary, double the lots from initial trade.
I`m a Forex Fund and Accounts Manager with more than 8 years of experience.
Maximum DD: 3% of your balance.
Trade Safe and stay tuned for possible updates.
Price Just Reach Supply LevelAs we can see on the W1 chart, the price just reaches into a great supply level.
This supply seems like a great level to look for a sell position.
The target for this position will be the demand below which also a great level for buy position.
EUR/GBP: Quasimodo level for buy positionAs we can see in the H4 chart, the price creates a fresh demand below which also Quasimodo pattern.
This demand has changed the bearish momentum to bullish momentum,
As it seems now, the price tends to reach the supply - 1 and maybe even the Supply level - 2.
If the price retraces the demand below I'll buy there,
My first target will be supply level - 1 and the final target is supply level - 2.
GBP/USD: Waiting for Breakout in Order to BuyThe price just reach a demand level,
If the price will break out the resistance above it indicates the price on his way to reach the supply above.
If that happened I'll look for a price action setup for buy position,
The target will be the supply at the top.
Fresh Supply for sell positionAs we can see a few hours ago the GBP/USD price creates new supply.
This supply seems like a great level for sell position.
I'll sell at the supply on the first touch of the price.
The first target will be the demand below and the final target will be the demand at the bottom.
SPX500 – Confluence of MACD Divergence And Fresh SupplyAs we can see in the H1 chart, the SPX500 has open the previous trading day with a huge GAP which creates fresh supply,
There is also significant MACD divergence which lasts almost 2 months.
The fresh supply above also change the momentum from bullish to bearish.
I'll sell at the supply above on the first touch.
The first target will be demand - 1, and the final target will be demand - 2.
New fresh Demand For Buy PositionThe EUR/USD has a strong rally in the past few hours.
On it's way up the price creates a new fresh demand below which seems like a great level for buy position,
I'll buy this demand.
BTC/USD - Critical supply and demand As we can see in the H1 chart, the price formed a fresh demand below.
This demand seems like a great one to buy BTC/USD, I'll buy at the first touch of the price.
The target will be the supply above which also a great level for sell position.
