MCDOWELL - Breakout TradeThere has been a shift in the trend on the hourly chart of united spirits.
We can clearly see a breakout with a big bull candle.
Since Breakout stock manages to sustain above 790 levels, and also consolidates above it, hence sustaining the same, the stock could move towards 850-860 levels, in the coming trading sessions.
Type of trade:
Long Trade
Positional Trade
Breakout Trade
Great Risk Reward Ratio
Longtrade
EURAUD finally time for some buys!!Price just starting to dig into a nice area of support down at 1.450. On the daily here you can see the nice short position I'm now looking at hedging my last little remained of the trade to now look at buys. A few more candles on the daily to confirm that this level is going to once again show support then ill be entering long term buys with a 50% take profit at the first trend retracement level. Hope everyone is doing well and I will be more active very soon!
GBP-CAD Risky Long! Buy!
Hello,Traders!
GBP-CAD was trading below a falling resistance
But then the pair has retested a horizontal support
Made a rebound and broke the falling resistance
Which makes me locally bullish
And I think that the price will go higher
Buy!
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See other ideas below too!
BTC SMALL PUMP INCOMING???BTC broke 1h structure and has supply zone above on 4h timeframe which i expect fall after reaching.
I expect it to bounce from marked area (1st trade) and to long with about 31k tp and then short at about 31.2k with marked sl and tp .
Ta is very simple so its easy to understand.
This is not financial advice, I am just sharing my opinion.
LICHSGFIN Getting Ready for a breakoutThe stock has been consolidating in a small range near the previous resistance area { 381- 384] for the past few trading sessions.
There are chances, that the stock is probably getting ready for a breakout.
A break above 384 levels can take stock to 390- 400 levels in the coming sessions.
Type of trade : swing
Trade at your own risk
BTCUSD LONG SET UPWe see an upward trend line on the daily with a third touch just completed. After the third touch we had a morning star formation on the daily timeframe. We may either see the price break through the short term downward trendline and keep going or do a slight retest to the indicated demand zone before going up.
CROMPTON GREAVES - SHARK PATTERNThere is a Shark pattern formation on the weekly chart of Crompton Greaves.
The Stock has been holding the first Prz zone of the pattern for the past many weeks.
There are many ways Shark pattern can be traded, I am sharing the easiest method that I follow mostly
One can Enter a limit order to buy between the 88% and 113% retracement levels. (looks for positive price action for confirmation)
1st Prz : 370-383
2nd Prz : 330-332
Stop loss at the 127% extension of the XC leg.
SL below 310 levels
Type of trade : positional
Disclaimer : Trade at your own risk.
LONG US30 A trade can be made of US 100 at 12950 with the stop loss at 12780 and target at 14000
Reasons are as simple )
:- double bottom
:- W pattern formation
USDCAD UPTRENDHere you can see a uptrend prediction of USDCAD.
i think market touch the demand zone but due to strong demand on that area smart money didn't break the demand zone so we can see a short term trade for buy side.
if the trend go against the prediction then we just need to wait for the retracement then we enter in a trade.
but my i thought and i'm confident of my prediction that marke hit my all of 3 targets.
A winning long trade ahead of us on the Gold 15mn chartHey traders, the yellow metal today is being so generous and it is giving us a great buy opprtunity. Get ready to make our entry at 1994.9 level since we have interested volume showing up and look forward to the 2007 level as our trget. When the price hits target we should leave as the market might make a reverse. Let's rock and roll!!
LRC - Ascending triangle breakout - Get ready for the entryLRC is ready for the potential ascending triangle breakout, if the it breakout successfully then we can expect a sharp upward movement.
We will post more updates as price moves.
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Cheers
GreenCrypto Team