Infinity
04.08.2022 Infinity AUDCAD buy stop trade ideaI'm thinking about an Infinity
AUDCAD Buy stop @ 0.89595
TP1: 0.89995 ( 40 pips)
TP2: 0.90275 ( 68 pips)
Stop loss settings:
- 0.89285 (@ trendline) or
- 0.89030 (under cloud) or
- 0.88745 (under former low)
Disclaimer: This is just a trade idea.
Trade at your own risk.
SPLIT DONE! Still Waiting for a clean break of the Doom DoritoBull Case remains, I am hopeful the Doom Dorito will finally break up
First full week after the split next week.
Multiple brokers from around the world have yet to deliver all shares saying that shares could take up to another 4-5 days to be delivered.
FTDs have been increasing from June that are coming due now, will be interesting in seeing the next release on the 30th
Borrow rate remains steady this weekend at 129% to over 300% according to Ortex.
Technically it still seems like a massive 1.5 year spring is about to be sprung.
If there is any other real world game changing announcement this week then it it can only add further pressure to breaking the Doom Dorito.
EURNZD Continue downtrendAt this moment EURNZD is still dropping after a big drop yesterday.
I'm looking for TP1 at 1.651 and it should be reached quickly. TP2 at 1.6480 is possible over the rest of the London session.
The market is very volatile and had very big volumes yesterday. Volumes are less today so I expect a big rally in the second part of the London session.
GBPAUD Falling with TrendGBPAUD is Falling in the direction of the trend AND closing its weekend Gap. This are favorable options for selling.
I've done this trade in my live stream and we hit TP1. we are currently on the move to TP2 and its not to late to get some pips.
TP1: 1.85550
TP2: 1.85250
Stay safe in the markets this week! It's an extremely high volume market already this early on Monday morning!
"100 usd to 1,000,000 usd " challenge (8)My latest trade on BTC short got stopped out.
Next trade, it is for SLP. It seems we have finished the ABC corrective wave according to fib level extension (on log chart).
Filled Amount(SLP): 8688
Average Entry Price(usdt): 0.0109
Total Invested(usdt): 94.69
Follow for more updates.
AXS - Axie Infinity is Approaching its Buying ZoneThe Back Ground and Psychological Support Zone
The AXS last bull move gave us hefty returns of 6200%, which started from 2.64$ on Jun 29, 2021, and made an ATH of 167 on Nov 6, 2021. However, this massive gain leads to a correction that later converts to deeper correction and ends in the shape of a crash, and currently, it trades below $50. It shed almost 73% of its gain and trading in a well-established downtrend/descending channel; it got rejected three times from the upper side while trading within this channel. The fibo levels from last bull runs are playing their part. We see 0.50 and 0.786 levels act as barriers but did not last as final lines. Now price is entering into a strong support zone that has its back from the July, Aug 21 trading range when the price remains range-bound after a massive first move. At the same time, RSI has been in the downtrend since the start of Oct 21, capped by a trend line, currently in oversold territory.
Point:
Bullish divergence is in play that will trigger the next bull run.
It entered into a strong support zone.
In the last down move, volume remains below average.
Trading activity/volume increased in the last 4 days.
Fibo retracement 0.786 and support zone lower levels are the same, providing a solid support level that will hold.
It already shed 73% of its all times grains.
RSI is in the oversold zone and showing weak bearish signal
Pay Attention
Observe its price action in the support zone (a rejection from downside with good volume and confirmation on next day), wait for the positive signals from all sides like RSI needs to recover to let the bullish divergence play its part. Moreover, RSI needs to break the trend line, which has been holding in a downtrend since Oct 21. A rejection from downside and RSI trend line break are two key signals you need to get in
Risk / Reward and Holding Period
Buying near the $40 level can be a good idea (or within the support zone). Keep in mind any move below 37 will be short-lived, so if you got an opportunity between 30 to 31 levels, that would be a great level to enter. But chances are rare. The TP1 is 90$, TP2 is its ATH, and the 2022 target is 350$. The minimum holding time for this trade is two quarters.
It is not financial advice; always do your research.
Please, feel free to ask your question; write it in the comments below, and I will answer.
MAR 18th Trade Idea MAR 18th Trade Idea
Risk Management:
0.01 Lot Per $100 in your account MAXIMUM!
I am BUYING (BUYLIMIT) GBPUSD 153 PIPS
ENTRY = 1.38850
TAKE PROFIT 1 = 1.39160
TAKE PROFIT 2 = 1.39771
TAKE PROFIT 3 = 1.40381
STOP LOSS = 1.38286
***IF TRADING MULTIPLE TAKE PROFITS***
CUT LOT SIZE INTO EQUAL AMOUNTS
MOVE SL TO BREAK EVEN AT 10-15 PIPS PROFIT
MAR 18th Trade Idea MAR 18th Trade Idea
Risk Management:
0.01 Lot Per $100 in your account MAXIMUM!
I am BUYING (BUY LIMIT) CADJPY 117 PIPS
ENTRY @ 87.500
TAKE PROFIT 1 = 87.891
TAKE PROFIT 2 = 88.281
TAKE PROFIT 3 = 88.672
STOP LOSS = 86.894
***IF TRADING MULTIPLE TAKE PROFITS***
CUT LOT SIZE INTO EQUAL AMOUNTS
MOVE SL TO BREAK EVEN AT 10-15 PIPS PROFIT
MAR 18th Trade Idea MAR 18th Trade Idea
Risk Management:
0.01 Lot Per $100 in your account MAXIMUM!
I AM SELLING (SELL LIMIT) USDCAD 127 PIPS
ENTRY @ 1.24565
TAKE PROFIT 1 = 1.24207
TAKE PROFIT 2 = 1.23901
TAKE PROFIT 3 = 1.23596
TAKE PROFIT 4 = 1.23291
STOP LOSS = 1.30078
***IF TRADING MULTIPLE TAKE PROFITS***
CUT LOT SIZE INTO EQUAL AMOUNTS
MOVE SL TO BREAK EVEN AT 10-15 PIPS PROFIT
Bitcoin: The Rising Phoenix That Will Take Over the WorldThis is the final call.
- Stocks & Tesla up only
- Hyperinflation
- The Rich worried about preserving wealth
- The poor and mediocre want to get rich quick
- Increased adoption
- Worldwide Bitcoin ATMs and banks offering crypto
- Every single on chain metric screams bullish
- Supply shock
- Bears trying to call the top in a bull market
- Hasn't gone parabolic yet, no blow-off top
Finally: “If you don't believe it or don't get it, I don't have the time to try to convince you, sorry.”
Bitcoin INFINITY STONE AnalysisINFINITY STONE analysis says that the REALITY STONE is here... expect some serious corrections then another major push up to the SPACE STONE where we will begin to see the general uptrend losing momentum and bearish divergences with RSI forming on the Daily time frame... we all better get out before MIND STONE is here or we will be stuck holding the SOUL STONE at the bottom of the mountain.
POWER STONE!!!!! That's the final boss. Get that and you will have all the power. Get stuck with SOUL STONE and you'll end up losing the thing we love most... our money.
BTC Fibonacci Demonstration - Infinity SeriesDescription will be updated in the next few hours. Just need to get the video out now for somebody.
In short - this video describes how the Fibonacci tool can be used for trading BTCUSD.
0.5 - 0.618 pocket for trending markets.
1.13 & 0.886 for ranging markets.
A few profit taking levels + strategies.