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Long-position

20191026 XRPEUR Open Long PositionsHi again, So, it seems there's more to go in this new movements we have. I saw the inverse head and shoulder coming yesterday and study the volume behavior both XRP and BTC. It seems the algorithm, sentiment, what ever you want to call it it is repeating. So we may expect new uptrend coming up in the next hours. So, for one side we have that, you may see it in Volume, and we have a clear M formation or Bullish Butterfly. It's like a new re accumulation process. And for the other hand we have the Fibonacci Retracement to support the fractal or harmonic in place. Red arrows indicate the volume so pay close attention in your charts. I believe it could do the arrows movements once again, maybe not. We will see. In any case and personal opinion, time to start setting multiple long positions. If drop then fibonacci orders setup for more profits. Hope this helps you out. Remember this is personal idea and not investment advice. Cheers! Charter X
Long
by CharterX
Gold Long Idea - Opinion GC1!Hi there. This is a recent analysis for the precious yellow metal. As you see from weekly chart Gold tend to reach the median of 20 weeks of the bollinger bands at the price of 1286$. As you might expect there is a high probability to rebounce from those price levels to 1320 - 1340$ . This buy signal is confirmed from RSI which holds the price level of 50 which is above the median and signs for long positions. ADX is trying to find a trend. DXY which is contrarian to Gold might get a correction through the prices 95,5- 96 and move Gold higher . From fundamental scope America's going to reach ( if not reached the peak yet) the peak of economic growth through the business cycle which is going to boost yellow metal higher and 1400$ is a vaild price level for gold as a safe heaven for investors. Given also Europe's economic slowdown and the uncertainity of the conditions which Brexit will be completed might boost Gold higher next week. **This is not an investment advice, it is only for educational purpose** Invest with safety.
COMEX:GC1!Long
by OmenFinance
Position Long From Weekly Fibonacci Support USD/CADSince the rally of late-June, the USD/CAD has been consistently falling. BoC tightening and WTI crude values have been primary reasons behind the move. As a result, several key technical support levels are coming into view. The 38% Fibonacci retracement of the yearly range (1.2950) is a fantastic place to go long in the USD/CAD. This will be a make-or-break area for this market. If it holds, a return to yearly highs are likely in the cards for the fall season. Here is the trade: 1)Entry: Buy 1.2960 2)Stop Loss: 1.2894 3)Profit Target: 1.3092 4)Risk vs Reward: 1/2
Long
by FXLeaders
XEMBTC Long XEMBTC (Positional Trade) • I am holding this trade for a period of 3 Months. I can see a clear HH sequence forming (Green Dotted trend line). I see price is reacting right above the support and price is challenging the guy who started the move. But I presume that there would be some bearish sign on the trend line If that happens then I would be likely to do hedging as I could sense price is not willing to go Lower Low and it will take a turn to hit the target. • But here the main point is buyers are strong in this case, it took 6 weekly candles to reach that highest point and sellers are so week it took nearly 29 weekly candles to come to the recent support area that tells strength of the buyers coming in and sellers are so weak. I also presume that I will not see the sign of LL. If this case happens to be safe I am using a wider stop loss and reducing my position size. • I will be updating this trade once in a week. Risk Management: Entry: 0.0000325 TP: 0.000058 Stop loss: 0.00000444 Position Size: 1% Risk on your capital/15.5 Risk/Reward: 1:3 So, HH RR. If TP is hit then we will be at 44% profit. Buy from Sellers and Sell from Buyers.
Long
by ReddyShyamShankar
EUR/AUD Long Position 4H Strategy - V.SimpleThis current LONG order is based off my 4H trend following strategy. I use the 40MA as a support barrier and LONG orders can only be made when 40MA is above 120MA. Trade entered at the end of 4H close (17:00 GMT+1). SL will be move to entry (£0.00 loss if hit) after 4 x 4H candles (16H) if price is above, otherwise I will take the full loss. Second SL move will be move to the bottom of a candle that has crossed back below the 40MA. Profit will be taken if price continues to hit moved SL otherwise the above action will be repeated until SL is hit as shown on previous trade (13/10 10:00 GMT+1) Please follow for education purpose only, Comments are appreciated and can help develop this strategy
by RenkoBuddy