Longtradesetup
Nano (xno) where are you going? Risk reward 4.4For a long time, the asset is in the accumulation stage, and on the daily timeframe, you can see the resulting double bottom. If the resistance zone is broken through and the asset is fixed above 0.935, I expect growth to the area of $1.3
This is not a financial recommendation, everything you do you do at your own peril and risk.
Happiest Mins - Positional TradeThe stock formed a Bullish Engulfing candle in the month of July 2022, since then the stock has been consolidating within its range i.e 813 - 1027 .
It's been 3.5 months and the stock has been moving in the said range, suggesting that it might be getting ready for a trending move.
Since the first candle (July 2022) is a big bullish candle, followed by consolidation, chances are high that we gonna probably see a trending move on the upside.
The current risk-reward also looks favorable for this positional trade.
CMP:992
Target 1200, 1300- 1350
Stop: Below 940 or 900 ( as per risk capacity)
Immediate support @ 955-944
Immediate resistance @ 1000-1015.
One can time trade on the basis of an hourly or daily chart.
Disclaimer : Trade at your own risk
XAU/USD Shortterm AnalysisHello friends.
I think after a bearish short cycle its time for some correction.
according to my chart you can see we have a major high to major low Trendline
and price surpass the parallel line of this trendline.
it shows that maybe a temporary bullish run is in sight.
so first target is 1678 and after that we shuold look for amount of demand or supply.
i think price action to this important level and will fail to break that.
so if you take a LONG trade plz dont forget to set a great stoploss!
price bounce from a support level and now is above 50EMA and try to stable there.
after that move forward 1678.
thats my idea and it isnt totally an investment advice.
be careful and manage your risk and reward...
lunausdt trade plan price is moving in symmetrical triangle . break of this angle will trigger the market . there is horizontal support as well so to break of line from bulls will rally the market long
GMT Scalp - Long Trendline breakoutReasons to take long:
⭐️ BTC bullish
⭐️ Squeezing to the trendline
⭐️ Trendline is 3d old
⭐️ Trendline is clearly seen on daily timeframe
⭐️ 40 ATR
⭐️ Squeezing VWAP
Will enter when price squeezes to the trendline on 5m timeframe, the base will form and the tape will get faster.
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
JPY INDEX BREAKDOWNThe market has completed the impulse wave (12345 waves) at 809.00 price level. A correction wave comes next which carries 3 waves (ABC waves). From now, we will expect price to continue upward in a corrective manner up onto 885.00 price level probably respecting 61.8% fibs level before we can see some reversals to continue it overall bearish trending market. As price reaches 885.00 level, we will like to see some rejections and reversals to tell us that price will make a turn. Let's see how the market plays out in the future time to come
STAY BLESSED...
Bitcoin Long Trade Setup - BTC Holding Support!Hello Traders!
I'm going to keep this short so I can get this post out as quick as possible...
1) I'm expecting stocks to rally in the coming days / week due to the massive sell off last week and the fact that their earnings reporting is over with. This should alleviate some of the fear in the stock market and allow for a relief rally. If tech stocks rally Crypto will follow.
2) BTC is holding at support and entering a heavy buying zone.
3) This is a smaller trade, but nonetheless a high probability trade setup.
4) Enter below $38.5K, follow the guide!
*** Never get greedy, you are more than welcome to take profits where you want, (it's your money) but be careful and lock in profits when you can, especially if you are trading with leverage.
Remember, nobody ever went broke taking profits!
Best of luck!
***Also if you have any questions feel free to message me or comment your question and I will get back to you as soon as I can.