Long-setup
Is It Time For XLRE To Shine?The first chart shows $XLRE breaking through resistance. I find the base formed before breaking through to be bullish.
The second chart shows XLRE relative to the SPY. Looks like the long ward down trend is over.
Can XLRE outperform moving forward?
Thoughts?
S&P 500 Sector Performance: www.tradingview.com
AMEX:SPY
AMEX:XLRE
DOGE / USD - Scalp Long Setup (+50%)Yep.. out of nowhere.. Here it is. A DOGE / USD - Scalp Long Setup with a potential of +50% gains
I closed my shorts & switched back bullish (at least very short term)
This bullish scenario would invalidate the previous 'Sudden Drop Protocol' idea, of course!
Let's see which one plays out. For me this one just became my primary count.
I'll keep you updated! :)
Stay tuned! 🤞🏽🙃
USD/JPY Potential long ideaAs we can see on the 4H timeframe the directional bias of USD/JPY is bullish. This structure has been creating higher highs and higher lows since last week. During this week, price has formed its way into a corrective structure where price has failed to make higher highs to continue the bullish momentum. However, we have not broken key levels to suggest a reversal to the downside so my outlook is still bullish. As a price action trader I focus on trading with the trend rather than anticipating a reversal, so I will be looking for price to break above the key level to confirm bullish sentiment is still in the market. However, in order for me to take this trade I will have to see price pullback and respect the key level before taking the trade to the upside targeting a 3R Trade.
USDCHF Home Run?Price hasn't hit this low since '14. I'm taking my chances on this one. On the weekly I think I see a BAT pattern as well. Price is way oversold at this point. I'm going to ride the RSI to the top of the weekly using a small lot size. This is a long term hold for me. I'm getting comfortable. See you next year.
BNB 15-min Elliot wave analysis, a new leg up coming.BNBUSDT seems to have broken the ABCDE corrective pattern and is looking for a leg up. First and second targets are shown in the chart. A good stop is below 31 for this setup to invalidate. A good RR setup. Hope it helps.
A BNBUSDT daily view is shown in the previous post. Link is below.