EURCAD/LONGThis video was just a quick technical analysis of eurcad basically breaking down market structure and the behavior of the market. in the video i show you guys how you can make a thesis or gather information from a simple pattern. mainly if you see a pattern you can draw your support and resistance levels at the top or bottom of these patterns and look to your left and gather information on WHY market made pattern at a certin level.
EURCAD/LONG
Longposition
ENS USDT long positionObserving the current market dynamics, it is evident that the price has recently breached a significant resistance area. Presently, it is in the process of completing a pullback to that same area. Notably, there is a robust order block situated within this region, emphasizing its strategic importance. Furthermore, the 0.5 Fibonacci retracement level coincides with this area, adding another layer of significance. Considering these factors, my expectation is for a potential increase in price.
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IBULHSGFIN is ready for BULL RUN IBULHSGFIN is bad in fundamental but ready for reversal
1- Rounding bottom reversal
2- trend line breakout
3- fab. .5 point will came
4- triangle also seen in this chart
buy above 188
TRG 1st - 240
2nd -280
3rd- 340
SL 152
GICRE go long ifit crosses 337.75
entry @ 337.80
stop loss: 295.55 (12.5% risk involved)
target: 422.30 (25% reward with a risk of 12.5%)
buy this stock only one can handle risk of 12.5%
this is my stock idea and i am entering in it with 12.5% risk, if one cannot handle 12.5% risk please do not enter into it.
I am no SEBI registered individual , please do your own analysis before entering into it.
XVS: Expecting Further Sideways Movement and Long Position AccumI anticipate XVS to continue trading within its current sideways range, as the price is currently near the lower boundary of this range. Therefore, I've taken a long position with the strategy of trading from the range boundaries. Over the course of several days, market makers are likely to accumulate positions within this range. This accumulation may lead to an upward move towards the upper boundary of the range, or at the very least, towards the midpoint.
Airbnb: Unlocking Unique Experiences and Soaring Stock PotentialNASDAQ:ABNB the biggest hotel company that owns no hotels (funny how things work eyyy) has underperformed since its IPO in 2021.
We are finally starting to see its stock price catch up with its value. As more people travel and seek unique local experiences, the demand for Airbnb's platform is bound to grow in leaps.
Strong Financials: The company is highly profitable which is rare among tech companies, posting +4 Billion in Q3 2023.
Innovation: The company recently launched a new service called "Airbnb Experiences," which allows travelers to book unique experiences in the destinations they visit. This new service has the potential to drive further growth for the company.
Technical Analysis: The stock price is facing a significant resistance at $151, and a breakthrough could lead to substantial upward movement. I'll be monitoring this closely for an attractive entry point.
WOO: Preparing for Long Entry at Key 1H LevelThe WOO token is currently at a pivotal juncture, showing signs of a potential correction as it approaches a significant level on the 1-hour (1H) chart. This level has elicited a notable reaction, indicating its importance in the market's dynamics. My approach is to closely monitor for a solid entry point, which will be based on the price behavior at this level, along with the general market structure, especially in leading cryptocurrencies. If these factors align positively, I'm considering taking a long position. It's a critical time for traders to watch WOO, as the setup suggests a promising opportunity for a long trade.
US Coffee - Clear Buy with S/L 186; Big move aheadEntry Level: $190
Stop Loss: $186
Target: $195-$199.00
Analysis:
The current entry level for initiating a short-term long position in US Coffee stands at $190. A prudent risk management strategy suggests setting a stop loss at $186 to mitigate potential losses in case of adverse price movements.
The target range for this long position is set between $195 and $199.00. This target zone reflects the anticipated price movement based on technical analysis indicators and market dynamics.
Traders should closely monitor price action and key support/resistance levels to assess the validity of this trading opportunity and adjust their positions accordingly.
JK TYRE - Cup & Handle Breakout Cup & Handle pattern breakout done in JK TYRE
Please kindly wait for Retesting the level 205
You just keep an eye on this stock
I will update instantly about this stock
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
HAPPY TRADING GUYS
SOL ANALYSIS🔮 #SOL Analysis - Breakout Trading 💰💰
🌟🚀 #SOL was trading in a Bullish Flag Pattern and here we can see that #SOL gave a great breakout in 8h chart pattern. We can expect a long rally in #SOL.💲💲
🔖 Current Price: $100.44
⏳️ Target Price: $140.20
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#SOL #Cryptocurrency #Breakout #DYOR
Most Powerful Candlestick Patterns Candlestick patterns are like building blocks in understanding how the stock market behaves and how prices might change. Knowing about these patterns can really help you make smarter decisions when trading.
I. Introduction to 35 Candlestick Patterns
Candlestick patterns are visual representations of price movements within a specific time frame. Each candlestick represents the opening, closing, high, and low prices for that period.
The body of the candlestick is the difference between the opening and closing prices, while the wicks or shadows represent the price range.
II. Bullish Candlestick Patterns
A bullish candlestick pattern is essentially a visual signal that appears on a price chart, indicating a potential upward momentum or trend in the market. It’s like a green light for traders, suggesting that the price of the asset is likely to go up.
Traders use these patterns to time their entry into the market with the goal of capitalizing on the anticipated price increase.
Bullish Single Candlestick Patterns:
Hammer: A single candlestick pattern characterized by a small body and a long lower wick, signaling a potential bullish reversal after a downtrend.
Inverted Hammer: Another single candlestick pattern with a small body and a long upper wick, indicating a potential bullish reversal after a downtrend.
Black Marubozu: A single candlestick pattern characterized by a long black body with no shadows, representing a strong bearish sentiment.
White Marubozu: A single candlestick pattern characterized by a long white body with no shadows, representing a strong bullish sentiment
Bullish Double Candle Patterns:
Bullish Engulfing: A two-candle pattern where a small bearish candle is followed by a larger bullish candle that engulfs the previous one, suggesting a potential trend reversal to the upside.
Bullish Piercing Pattern: A two-candle pattern starting with a bearish candle followed by a larger bullish candle that opens below the previous day’s low and closes more than halfway into the prior bearish candle.
Bullish Counterattack: A two-candle pattern starting with a bearish candle, followed by a larger bullish candle that engulfs the entire range of the previous bearish candle.
Tweezer Bottom: A two-candle pattern occurring after a downtrend, characterized by two consecutive bearish candles with similar lows, suggesting potential support and a bullish reversal.
Mat Hold: A five-candle pattern suggesting a continuation of a bullish trend. It begins with a bullish candle followed by a bearish candle, a long bullish candle, a small bullish or bearish candle, and ends with another bullish candle.
Bullish Triple Candle-Sticks Pattern:
Morning Star Pattern: A three-candle pattern starting with a bearish candle, followed by a small indecisive candle (often a doji), and then a bullish candle, indicating a potential bullish reversal.
Three White Soldiers: A bullish formation consisting of three consecutive long bullish candles. Each candle closes higher than the previous one, suggesting a strong potential upward movement.
Rising Three Methods: A five-candle pattern signaling a continuation of the current bullish trend. It starts with a long bullish candle, followed by three smaller bearish candles, and ends with another long bullish candle.
Upside Tasuki Gap: A three-candle pattern involving a bullish candle, a gap up, a bearish candle, and finally another bullish candle that opens within the range of the previous bearish candle.
III. Bearish Candlestick Patterns
A bearish candlestick pattern is a visual cue on a price chart that suggests a potential downward momentum or trend in the market. It’s akin to a red light for traders, indicating that the price of the asset is likely to decrease. Traders pay close attention to these patterns to time their entry into the market, aiming to profit from the expected price decline.
Single Candle Patterns:
Hanging Man: A single candlestick pattern resembling a hanging man, signaling a potential bearish reversal after an uptrend. Learn more about Hanging Man Candlestick
Shooting Star Pattern: A single candlestick pattern characterized by a small body and a long upper wick, suggesting a potential bearish reversal.
Bearish Engulfing: A two-candle pattern where a small bullish candle is followed by a larger bearish candle that engulfs the previous one, indicating a potential trend reversal to the downside.
Black Marubozu: A single candlestick pattern characterized by a long black body with no shadows, representing a strong bearish sentiment.
Double Candle Patterns:
Evening Star Pattern: A three-candle formation indicating a potential bearish reversal. It starts with a bullish candle, followed by a small indecisive candle and ends with a bearish candle.
Dark Cloud Cover: A two-candle pattern starting with a bullish candle followed by a larger bearish candle that opens above the previous day’s high and closes more than halfway into the prior bullish candle.
Bearish Harami: A two-candle pattern. The first candle is a large bullish one, followed by a smaller bearish candle that is entirely within the range of the bullish candle. This pattern indicates a potential bearish reversal.
Bearish Counterattack: A two-candle pattern starting with a bullish candle, followed by a larger bearish candle that engulfs the entire range of the previous bullish candle.
On-Neck Pattern: A two-candle pattern where the first day has a long black body followed by a second day with a small body that closes slightly above the previous day’s low.
Triple Candle Patterns:
Three Black Crows: A bearish formation consisting of three consecutive long bearish candles. Each candle closes lower than the previous one, suggesting a strong potential downward movement.
Three Inside Down: A bearish reversal pattern. It consists of a bullish candle, a smaller bearish candle that is completely within the range of the previous candle, and a larger bearish candle.
Three Outside Down: A three-candle pattern. It starts with a bullish candle, followed by a larger bearish candle that completely engulfs the previous bullish candle, and then another bearish candle.
Neutral Candlestick Pattern
A neutral candlestick pattern doesn’t strongly indicate either a bullish or bearish trend. It’s like a yellow light, suggesting caution and indicating that the market is uncertain or indecisive about its direction. Traders look at these patterns to assess the market’s stability or potential upcoming change in trend.
Single Candle Patterns: [/b
Doji: A single candlestick pattern with a small body, indicating market indecision. It suggests a potential trend reversal, whether bullish or bearish.
Spinning Top: A single candlestick pattern with a small body and long upper and lower wicks, signaling market indecision and potential trend reversal.
High Wave: A single candlestick pattern characterized by a long upper and lower wick relative to the body, suggesting high market volatility and uncertainty.
Double Candle Patterns:
Tweezer Top: A two-candle pattern occurring after an uptrend, characterized by two consecutive bullish candles with similar highs, suggesting potential resistance and a bearish reversal
Action: Short-term long position in $TSLAPosition Size: 50%
Entry Price: Current market price - 184 (as of Friday, January 26, 2024)
Stop Loss: Closing basis stop at 177
Target Price: 215-220
Notes:
This trade is suitable for short-term traders with a high tolerance for risk.
The closing basis stop loss is designed to exit the trade if the price falls below 177 on a closing basis, which could indicate a reversal in the stock's momentum.
The target price range of 215-220 represents a potential gain of 21.43% to 24.46% from the entry price.
It is important to do your own research before making any trading decisions.
Key Notes for BitcoinIt's like crazy as we know the last few days of the market environment which is obviously not good for BTC. The way the market is looking right now however is pretty horrible. Together with the Grayscale's FUD which they keep selling BTC to the market somehow is killing this market slowly.
Therefore, I give you these key notes as guidance for the next BTC movement :
1. There is consolidation range currently is forming between $44454 and $40270 with the middle level is located at $42362
2. Price is temporarily breaking down below the $40270 as the range low. As long as the price can't reclaim above this broken support there is risk for further downside movement.
3. There is the bull market support band on the weekly time frame which is becoming the main idea that has been driving the price over time since a long time ago. Currently the Bull market support band is now having an alignment with the .382 Fib level from the whole swing structure from $15466 to $48993.
4. Not it's all on bearish side as of now. In fact, the price is now trending at the extremely oversold level after 21% drop from the peak of prior impulse structure located at $48993. With current amount of the short sellers coming into the market, there is also possibility of the relief rally on the short term. The liquidity gap / fair value gap located at around $45000 is becoming the hottest spot as of now as it has an alignment with the golden ratio level.
There are all some of the notes you need to consider just before you jump into any trade. In my opinion, opening a short position at current structure is not worth at all due to the fact that the price has been dropping for more than 21% from the peak.
Entering short position at this rate is also not good because the room to move to the downside is way smaller than entering long position.
Entering long (buy) position is way safer in term of the risk management idea because there is still huge room to gain to the upside. And also, there is still another pushing factor which is the fair value gap located at the upside which hasn't been closed.
My personal position is at the long (buy) side as of now which I've been opening since the price was at $38700 and of course, I still have majority capital as back up to accumulate more (if necessary) if the price drops even more in the future.
Based on my perspective and calculation, the long(buy) position is in a very good favor and I see the possibility of 'discount' in current price.
But once again, I only share my thought here and this post is not the recommendation to enter any position as you know I'm not your financial advisor. So that it's important to understand that you must Do your own research before jump in any position.
All risk is at yours
$DWAC is Skyrocketing along w Trump poll #’s This is Trump’s SPAC that IPO’d back Oct 2021.
Based on the the 1st two days of trading, the Fibonacci levels don’t lie.
So here’s my thesis.. Since Trumps landslide victory in Iowa primary, this stock has been on a tear, up 240%.. and i have some info that the past week is only the start.
Tonight is the New Hampshire primary and i have a hunch that not only beat Nicky Haley, but this stock will CONTINUE TO MOON into SUPER TUESDAY primaries.
$442 is not an unreasonable price target based on its action.
This may very well be the Gamestop of 2024. NASDAQ:DWAC
FIL 17.01.24In an environment where the market is generally positive, the halving is approaching, and finally interest rate cuts are discussed, FIL coin will also get its share.
The rising trend (green line) will be the best place to buy, but since I do not want to wait, it would be best to buy in pieces, including these levels.
It will be ready to fly when the 4-hour candle closes above the falling trend (red line) and retests.
TP1 : 7.4
TP2 : 7.99 (psychological resistance)
TP3 : 8.61
What I write here serves as a note to myself. Does not include investment advice.
RITES go long ifit crosses 525.70
entry @ 525.75
stop loss: 470.95 (10.42% risk involved)
target: 635.10 (20.80% reward with a risk of 10.42%)
buy this stock only one can handle risk of 10.42%
this is my stock idea and i am entering in it with 10.42% risk, if one cannot handle 10.42% risk please do not enter into it.
I am no SEBI registered individual , please do your own analysis before entering into it.