AUDUSD LongWe have a confluence zone here on AUDUSD with the daily trendline in deep orange and daily demand zone marked in green followed by some buying momentum we can already see forming. The price could either restest to the demand zone and shoot up or we may see the price just break straight through.
Let's watch and see!
Longtradesetup
Long for ICP after a long compressionSince the initial public launch, This coin has gone through severe compression. As you can see in the chart, the Price action had shaped a wedge from Jan 22 till March 22. Moreover, the price area of 14.5$ _ 15.5$ has proved to be an unfailing and trustworthy foundation.
Plus if you consider the price chart with RSI simultaneously in Daily timeframe, you'll see a perfect Divergence. What made me more excited about this setup was another divergence of Price and RSI in WEEKLY timeframe.
Although There are no certainty in financial markets analysis, which by the way this one is no exception, I find this coin and this setup highly rewardable and although I have defined the 14.5$ as the bottom line and SL price, but I would recommend to those who are tolerant and also thrilled with experiencing real risks (who will see tremendous Profits in their lives) to stick to their position and Add to it on 11$ and 6 $ and wait for it to get to 52$ and 70$.
USDCAD buy trades!!Looking for a boost out of this supportive retracement level for a further continuation back up to take out 1.27800 and further. We have created a little zone on the 1hr and the best buys ill be looking for are from the bottom of this zone (1.26600) otherwise ill wait for a push out of this zone and retest for a further move up.
Rane Holding | Swing Trade Idea 1)Price is moving in the triangle pattern in Daily Pattern.
2)And in the Lower timeframe we can see an Expanding channel.
3)Once the price gives a breakout to the Expanding
channel we can enter keeping the stoploss below the 600 levels.
4)By entering at this level we can wait for the breakout of triangle
on larger timeframe to get more rewards.
GBPUSD possible UP move 15m+The price movement created a trendline at the retracements of the price to the downside. There's a slight liquidity zone just below it, so we are watching this area.
If 1.345 is taken out, then we're entering the liquidity zone below and will be looking for trades there.
In the meantime, keep calm and safe trading.
A NICE LONG TRADE ON CONSOLIDATED EDISON Hello traders and a HAPPY NEW YEAR!!!
My first recording video i hope you like it!!
Nice long trade on ED explained in multi-time frame analysis!
LONG TRADE
ENTRY AT 68.50$
STOP LOSS AT 66.80$
TP1 AT 77$
TP2 AT 83$
PLEASE LET ME YOUR COMMENT WITH YOUR VIEW OR YOUR QUESTION!
HAPPY TO HELP!
HAPPY PROFITS TO EVERYBODY!!
THE GREEK TRADER
GOLD 25/11Looking to buy gold once market has broken above the 1795.00 key level
Daily timeframe confluences:
- Ascending trendline + bullish market structure due to the HHs and HLs being formed.
- Yesterday's daily closure = perfect rejection of the 78.6% fib retracement level
- 3rd bounce off the ascending trendline for a further push to the upside.
Based on daily timeframe confluences = only looking for long trade opportunities
FTSE100/UK100 Long SetupOut of all the indices UK is the last one to full recover from Covid Short.
There are a number of factors which caused this slow recovery
1.Brexit 2.Multiple Lockdowns I'm sure others can think of many more.
Based on this I have a strong long biase
I am looking for some form of retracement to enter and continue to the high pre covid
with December fast approaching Im not totally certain that this will have enough
momentum to move back to the high so this could potentially play out in Q1 2022
$BNTX BioNTech SE LONG Trade Setup$BNTX BioNTech got wrecked since its August high and lost over 50% of its value.
BNTX is at it's 200 day moving average, if that holds as support, it is a very nice swingtrade setup.
With Covid numbers rising all across the world and booster vaccines for everybody getting more and more a thing,
BNTX could possibly go on another bullrun cycle.
Approach with caution though, that stock can get wild in both directions.
$CEI Camber Energy LONG Trade SetupBuy In: 1.20ish
Stop: 98cent (one could stop out closer too though)
Tp1: 2.36$
TP2: 3.75$
PTON: ARE WE GETTING THIS BOUNCE?PTON:
Winter is coming. It's cold outside. Shall we exercise at home?
PTON bounced off a big support at 82. Is the bounce over? I don't know.
Is it too late to buy? For a long term investment, not too late. For a trade, maybe not too late, but I like it only above 88.20-88.50
Targets on the chart.
Trade safe!
Industower long setup Industower seems to be at crucial level and have high probability of reversal from the current level based on historical price action, fibo-retracements and trendline.
Suggestions for entry:
> wait for high volume rejection from the level.
> entry point should be the OHLC4 of this candle
> Stoploss should be below the low of this candle or below trendline
> Targets 280 and 350
Good luck to all the traders!!
OPEN LONG POSITION ON BZRX/USDTA potential 15-20% rise can be expected from BZRX.
Formed an ascending triangle and soon it'll break out.
I am entering this trade in the range of $0.411 to $0.425
Stop Loss will be $0.3856
Targets: $0.445, $0.469, $0.498
Try to accumulate every dip. Use max 5x leverage and 5% to 10% of your portfolio.
Always keep your SL tight and if the SL is hit then look for an opportunity to re-enter the trade.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
LONG CELR/USDTCELR has formed a Cup & Handle pattern. Broke out and done with the retest.
I am placing my long orders now.
Entry: $0.04885 to $0.05022
Stop Loss: $0.04298
Targets:
$0.05329
$0.05656
$0.06077
Accumulate the dip and book profits in the targets given above.
Note: This ain't financial advice. I have done my own research and trading at my own risk. So, do your own research before investing.
ETH USDT: Buy Trade setup @ 3234Hello everyone, hope you are doing well.
Welcome to today's trade setup as a part of "Aglogains - Daily Trade Series".
On the 1H timeframe we see a double bottom being formed at a key resistance level of 3330 - 3340.
This was followed by a bullish confirmation, giving us an entry signal to the long side.
Entry - 3234
Stop-loss - 3204 (30 points)
Take profit - 3294 (60 points)
1:2 RISK TO REWARD
Will keep you posted on the progress. Happy trading.
ETH USDT : Buy Trade setup @ 2582Hey Guys, hope you are doing well.
Welcome to today's trade setup as a part of the "Aglogains - Daily Trade series".
I have an entry after a double bottom was formed, followed by a bullish candle, fulfilling our entry criteria.
Entry - 2582
SL - 2513 (97 points)
TP - 2678 (69 points)
Risk to Reward - 1 : 1.4
Will keep you posted on the progress.