Fifth wave of this trend ? Did we finish the fourth wave, wich could be the corrective wave of our major third wave ?
After this strong correction, we can see a bounce for some hours... The real confirmation would be to push ahead of the ATH.
Don"t hesitate to comment on my count, I would like to know if this one is correct or you see an error.
Let's see the evolution...
Ideastrading
GBPUSD Short IdeaHello and welcome back traders🙂.
GBPUSD is currently trading in a descending wedge pattern.
It is currently making lower highs and lower lows and should continue this trend until hit hits the major trendline or breaks out of the descending wedge pattern.
A good entry point on a short term short trade would be at the 1.38659 support turned resistance line.
This is a riskier trade as we don't know the exact position this pair while decided to break the pattern. So please remember to always use appropriate risk management.
Good luck trader's and may this week be profitable for you all. 🙂
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Plain and Simple LUNA Analysis TODAY 3/1/21Allright, BINANCE:LUNAUSDT is clearly a gamble, we all know it.
IS LUNA GOING TO MOON AGAIN ?
The stable coin project is strong though
But guys, this chart is a beauty.
Fear has been spiking hard and cribbeling everybody during the week end.
All this green on the Vix index feels like a golden opportunity to take at these levels.
If bitcoin has the bounce we expect in the coming days , LUNA could totally moon again and enter a new phase of price discovery.
A safe trade would be to target 7/8 resistance.
A crazy one would be to wait for the moon around 12
Just make sure you get your ticket today for the rocket.
Smash that like button and see you tomorrow
EURUSD 11 January 2021 - Daily TimeframeHi traders and welcome to my channel ...
As already mentioned in the previous analysis of EURUSD, pairs still in the uptrend but the price Breaks the KEY LEVEL so it works as a 1Hour RESISTANCE in my chart and if the price close blew at a level of 1.22155 so I think we have a continuation of a bearish … it's going to retest and down to first support of my daily chart: 1.19201.
All info can be found in my chart.
*Support this idea with a Like or Comments if you find it useful*
Good luck guys and be careful
Thank you
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DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only
NZD/USD SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan .
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market-Sell-Order: 0,60570
Stop-Loss: 0,61250
Target 1: 0,60000
Target 2: 0,59500
Target 3: 0,58750
Stop-Loss: 68 pips
Risk: 1%
Risk-Reward: 2,71
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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USDCHF LONGNext, we have the USD/CHF. This pair has been bearish over the last 10 days or so, but is heading right towards a nice level of Major MONTHLY Structure Support Zone. This is a level that has been tested multiple times and has pushed this market around. So, because of that, I will be looking at this level for some possible counter-trend long opportunities this week.
I'll be looking for Entries & Exits on the 4HR Charts. Before we hit the Monthly Support Zone I'll be looking for shorting Entries & Exits to the downside Support Zone!
Support Zone (Brown) = (0.90571-0.92820)
BPLANT TRADING IDEASTOCK : BPLANT
- Current trend is uptrend. Still valid based on uptrendline
- Sector is plantation is currently is bullish sector
- Above EMA20 and EMA50 and current in strong momentum based on current RSI value
- Resistance on 0.70/0.720
- Strong support at area 0.665. If retracement happened, probably that level will hold the price.
Short term FUN trading idea for nice profitHello, guys as descirbed we might reach 1 st target soon and 2nd possible too in next also depending on how btc price will go