Interesting graph of USD/UAHOf course, I have not traded the currency market much and I have no experience as such, but I can predict something purely based on the structures and how it happened, my analysis cannot be taken into account!
1) I can see a 5 wave structure and now the last wave of growth
2) There is so much negativity that the chart begins to slow down, a sign of trend weakness
3) As strange as this US election is, it looks like something is about to happen
In my opinion, there are 2 scenarios. First, we really form the 5th final wave and go through a correction to 20-25, which will give a positive result for 4-10 years, after which the upward movement will begin again. Second, the negative will become more and more and the rate will start to break above 50-54, which in my opinion is very critical and will stretch the uncertainty for years. In my opinion, the probability is as follows, the first - 70-75%, the second - 30-25%
Long-short
DOT DOT DOT DO YOU LIKE DOT?After a nice reaction from the Value Area low, we are trading at the POC.
The areas I would look for a long would be a supply/demand flip of the POC targeting the Value Area High & Range High, or a retest of the Value Area Low After a sweep of the lows.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
+500% Profit Target for FTM Long Trade#FTM/USDT #Analysis
Description
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+ Price has hit the support line and holding strong in the support line.
+ Price is expected to bounce back from this support line, if the support breaks then next support is expected to hold strong.
+ Im entering a long trade with low leverage
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VectorAlgo Trade Details
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Entry Price: 0.5628
Stop Loss: 0.2946
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Target 1: 0.6741
Target 2: 0.8513
Target 3: 1.1139
Target 4: 1.3869
Target 5: 1.8470
Target 6: 2.5392
Target 7: 3.3576
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
Will MANA Support hold ? Get ready for both scenariosBINANCE:MANAUSDT (1W CHART) Technical Analysis Update
MANA is currently trading at $0.331 and price is trading around its support zone, we are not sure if this support will hold and price bounce back from this support zone. We need to consider both scenario for entering the trade here, for long trade we will enter only after a green weekly candle above the support zone. For short trade we will enter if the candle closes below the support zone.
-- LONG Trade --
Entry level: Green Weekly candle above support zone
Stop Loss Level: $ 0.2526
TakeProfit 1: $ 0.4561
TakeProfit 2: $ 0.5931
TakeProfit 3: $ 0.7804
-- SHORT Trade --
Entry level: Candle close below support zone
Stop Loss Level: $ 0.3487
TakeProfit 1: $ 0.2038
TakeProfit 2: $ 0.1644
TakeProfit 3: $ 0.1198
Max Leverage: 2x
Position Size: 1% of capital
Remember to set your stop loss.
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Cheers
GreenCrypto
Long idea on $MNTI consider a candle with a large downward shadow a good opportunity to enter a position. Preferably, if the price after such a stabbing returns to 50% of the momentum of that candle, it means that a big player accumulates a position. Of course, if we fix below this figure, the signal is canceled
DJI : Make or Break?- DJI is currently encountering strong resistance at 34500.
- The psychological significance of this resistance level adds to its importance.
- This could be one of those, Go Big or Go home scenerios
- In case the resistance holds, a potential psychological support level at 33000 may come into play. The support trendline intersects at a similar level.
What is your take on the price action of DJI? Feel free to comment. If it helped, Do Leave us a boost 🚀
Disclaimer: We are not registered advisors. The views expressed here are solely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :)
NZDCAD - 📈 => 📉Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
As per my last analysis (attached on the chart), NZDCAD rejected the lower bound of the red channel and traded higher.
What's next?
📈 NZDCAD has been overall bearish, trading within the falling channel in red.
At present, NZDCAD is undergoing a correction phase, trading within the short-term rising channel in blue, and it is currently approaching the upper bound of the channel.
Moreover, it is retesting a strong resistance zone in green.
🏹 Thus, the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green resistance and upper trendlines.
📚 As per my trading style:
As #NZDCAD is hovering around the circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
The trend is your friend..The current trend is very bullish. Fundamentals playing a role. Gold remains a safe assets during wars. In my last analysis i notified the montly timeframe were we cuyrrently broke out the major ranging market. It is posible that we will stay in a bullish trend for longterm with targets 2400 and 2500 in the long run.
Priceaction remains important. Selling can become a losing strike very easily. But this doesnt mean we can't sell the market. We should pay attention to priceaction. Proper reversal pattern can give indication the trend is reversing. But be cautious with selling, because with every pullback we can see a very strong bullish momentum in return. Buyin the lows seems more reasonable in the gold market. Wait for proper confirmation to take any trade. SElling or buying.
>The arrows are not a signal. But a posibility<
resistance: 23,49, 2364, 2400(psycological)
support: 2342, 2331, 2321
Possible SELL off zone XAUUSDGolds moved crazy in recent weeks. Currently watching for some sort of pullback.
Although ATH has been created, with the slowing strength of the dollar we may see some correction on gold through the rest of March.
I would like to target some sells back down to this corrective level, I predict that current area and the OB present may be a good time to sell.
A nice 1:5RR with 1% risk will be ideal, something I will confirm with in soon date.
Cheers
Two possibilities in BTC, A OR B?We are at a point where we are seeing lot happening in few days. Some say its good for BTC, some say its bad.
I think there are two possibilities present in market (some will say that's always the case, right! But here me out here)
I think this is a breakout, I also think this will be last breakout in BTC's life on upside, but before BTC completely dies out, its still possible to hit previous all time high.