Longtrade
GBPJPY best buy area!After letting this do its thing around that support it is shaping very nice and gearing up to make a upside push, so this is another pair that ill be keeping my eyes on early in the week, buy area still stands around 149.500 - 149.700 so I be looking for wicks around that area for a quick move back up.
TXN our gains, pleasure or pain?Hey traders,
Just clicking around and found a funny line.
Strong fundamentals - Yes, they are taking on some debt...but it's calculated.
Will always be required for math
Retracement incoming
Obviously, market is wound up and hard to tell which way it will go (go look at SPX ). I think there might be a couple of good retracement plays here. Long @ .618 - .9 (pretty much anywhere within GANN BOX for reference).
You may have to wait for earnings to slam this into support levels.
What do you think?
Not financial advice!
Thanks for reading, trader!
AbbVie: Breakout! Buying a re-test of supportAbbVie - Short Term - We look to Buy at 119.00 (stop at 114.50)
Previous resistance level of 119.95 broken. A move higher has resulted in prices breaking from the previous range and confirmed our bullish expectation. We have a Gap open at 118.86 from 03/12/2021 to 06/12/2021. Further upside is expected although we prefer to set longs at our bespoke support levels at 119.00, resulting in improved risk/reward.
Our profit targets will be 135.00 and 150.00
Resistance: 122.42 / 124.00 / 130.00
Support: 119.95 / 118.86 / 115.03
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EURAUD LongWith Euro finally showing signs of strength overall, we have a good trade setup here. EURAUD has reached its first long target but doesn't look like it will stop here. Temporary pullback is expected but look for a reaction above the highlighted resistance where price is at right now. Upon break of this resistance, we are looking at the next resistance above as the target.
I will keep posting the updates.
Disclaimer: This analysis is for education purpose only and is not an investment advice. Please manage your risk before placing any trades.
BLOK/USDT BULLISH STRUCTURE Bullish Structure from monthly all the way down to daily time frame
Situation in Monthly time frame
We have an impulse and correction in monthly time frame. If you take the fibonacci from low to high we have a price action approaching the .618 fibonacci level. As we know the most tested level in fibonacci is the .618. We can definitely expect the price to respect the .618 before the continuation to the up-side.
Weekly
In weekly time frame we have the same situation that we have in Monthly.
Daily
In daily time frame If we take the fibonacci from low to high we can see that the price is respecting the .786 fibonacci level.
Also we have a M formation where we can definitely expect the completion to the Neckline.
Conclusion
In conclusion we can see that the structure in all the higher time frames is in confluence. In short term we can definitely expect the continuation to the upside at least to the neckline of the M formation. Also in long term we can expect a new higher high.
GBPUSD LONGS! 150 PIPS!GBPUSD is finally ready to make a BIG bullish reversal! The reversal is likely to happen during London session on Friday so be ready!
- GU's Thursday's daily candlestick closed as a pinbar, indicating a potential reversal.
- GU looks like it could potentially be making an inverted head and shoulders pattern on the daily timeframe.
- This should be a strong impulsive move, the target price is 1.35000.
Aavebnb - Aave bottomed?There is a good chance that Aave is at the bottom against Bnb.
Price has touched several times 50 MA line in 3D. Next time it could break the line around 0.77 and touch the 100MA line around 1.05?
1W RSI 7 = 20 --> oversold
Stoch RSI 14 cross up in 3D and 1W TF:S.
Not Financial Advice. Do your own research.
AARTI IND LTD Bounced from the supportThe Fall in the stock was halted a few weeks ago, at previous support levels .
Since then stock was protecting these levels, and in today's session, it managed to bounce from it, forming a Bullish Morning Star Pattern.
Sustaining these support levels, the stock might move towards 990 and 1010 levels, in the coming sessions.
Type of Trade : Swing
CTSI long opportunityCartesi has seen a nice run up and is now working on its retracement.
The green support zone could be tested once again and this is, in my opinion, the best area to place your longs. However, given the state of the market (as I've said time and time again) I would not be surprised to see price rally up once again without it reaching all the way down to that support zone.
As we can see on the chart:
- Breakout of the channel; retest looks to be in the books
- EMA's still curling away from each other
- RSI coming back to the midrange
- Price reaching the golden pocket on the FIB
Set my stop loss just inside the channel and below the golden pocket to give a nice 4R:R.
If you want to take a bigger risk, you could also place it at $1.06 as that's the most recent high of the channel.
If we fail to move up, I'll be looking for a new long in the green support zone.
How do you feel about this setup?
$CEI Camber Energy LONG Trade SetupBuy In: 1.20ish
Stop: 98cent (one could stop out closer too though)
Tp1: 2.36$
TP2: 3.75$
RUNE Long Trade IdeaThis is a possible long trade set up for RUNE
Upside Potential: 20+% (Without Leverage)
Downside Risk: 6% (Without Leverage
Enter Trade: 17.50 (Once an Hour Candle Close Above the green line)
Stop Loss: 16.40
Take Profit: Between 19.00 & 19.35
Price Target: Between 20.70 & 21.20
Resistance is between: 16.75 & 17.25
Once the resistance zone gets broken, it will then become our support, and therefor I would set a stop loss under it.
Support Zone 1: Between 15.75 & 15.40
Support Zone 2: Between 15.40 & 13.85
EMA Ribbon is currently bullish and the 200 EMA is at 14.00 which indicates strong support above 14.00
If you agree with / appreciate this trade set up please leave a like (or a comment)
If you disagree leave a comment as well.
If you would like me to analyze a particular Crypto or Stock, follow me and send me a private message.
Nano is good to do long TradeAs we can see it broke the Trend and there is the high chances to nano coin to do good bull run
Dogecoin Long Trade Idea/SetupA Long trade opportunity for Dogecoin, that I will be taking.
I would enter a long position once:
- An Hour candle closes above 0.2795 / 0.28, - And when the EMA Ribbon Flips green.
I would set a stop loss between 0.2675 and 0.263 (depending on your risk tolerance).
The maximum upside: 35% without leverage
The Maximum Downside: 4-6% without leverage
I would take profit at the zones indicated on the chart
Zone 1: 0.3055 to 0.309
Zone 2: 0.33 to 0.335
Zone 3: 0.3535 to 0.3575
Zone 4: 0.373 to 0.378
If you agree with this trade idea please leave a comment and a like.
STORJ LONGI believe that STORJ is about to see some serious gains and that right now is the perfect time to enter a long position. I have indicated price targets on the chart as well.
If you agree with this this trade idea let me know. If you think that I am wrong about this, than let me know that as well.
XAUUSD 27/10Looking to long Gold from 1788.00
4H timeframe confluence:
- Market is showing bullish market structure due to the HH and HL being printed. Therefore, we are only looking to long this market
- Currently sitting as a resistance-turned-support level
-Multiple rejections off the 61.8% fib levels
zc long ZC in the weekly chart, and i have noticed that a channel have been broken, a long one in fact it started in 2015 and the price broke in 2020, so that is FIIIVE years, and now it went back to do a pullback on the moving average 209 period, Belkhayate trend, and a resistance that the price have made, alongside a breaking in the center of Belkhayate cycle.