SPX500 Short Trade SetupThe last top is the all-time high, and it seems ready to make a quite big downward impulse. That's why I placed a pending order, and I'm in the trade now. We may have a complete expanding flat over the trendline. So it can make a new high. In that case, I'll try to close my trade with a small loss. Otherwise, I'm going to wait for a correction to take another short trade.
Medium-term
NZDJPY Short Trade SetupBased on my wave count, we can have 4th and the 5th waves before the current correction ends, but they are not mandatory. So the last top can be the end of the blue C. That's why I'm waiting for a correction to place a pending order. Then I'll move SL to BE and see if it will fall.
XAUUSD Long Trade SetupIt got a reaction from 1.272 extensions. The daily structure can be a complete correction and the next wave can make a new all-time high, or we can have a correction for more downside. It's not clear which will be the case but in both scenarios, having a long trade will be a good idea. That's why I'm waiting for a complete reversal pattern to buy it.
AUDUSD Short Trade SetupIt broke the top slightly with divergence, hit the 1.272 extensions of the previous daily impulse, got a reaction, made an impulsive drop, and broke the trendline. All sound good for reversal. I'm waiting for a correction under the trendline to place a pending order under the last low.
GBPUSD Short Trade SetupI have been waiting for a reversal for a long time, and not it may be happening. It can be a reversal impulse what we have after the last top. We have broken a trendline. I'm waiting for a correction to place a pending order. If it makes a correction over the yellow trendline, we will probably enough time to move SL to BE.
AUDCHF Short Trade SetupThe last top can be the end of the 5th wave. If so, we should have a complete daily impulse. Which means, a pretty big correction should be the next structure. After the last top, we have a downward impulse that broke the trendline, and a correction that could be over. That's why I placed a pending order under the last low. If it makes a bigger correction, I'm going to sell it after C.
XAGUSD Short Trade SetupWe may have a complete expanding flat and a valid trade setup. That's why I placed a pending order. If it breaks the low, I'll move SL to BE and see how it will go. My main concern is the size of the current correction. It seems small and after a new low, it can start making a bigger one. But I want to be in the trade since we can have a big drop.
Medium Term: MASTEK BUY/Accumulate CMP 694 Target 800-1000+Medium Term 6 to 12 Months : MASTEK BUY/Accumulate CMP 694 Target 1000
Stock has given breakout with heavy volumes on weekly chart.. It tried to break resistance multiple time since March 2018.
(Do your own research as well before investing in stock market as it carries risk)
BUY $APPL - PT1 125, PT2 130, SL 117 AAPL has been trading in an ascending parallel channel for a while now, if we ignore the SPLIT price spike. The current price is near the bottom of this channel, and the long term future of AAPL seems pretty good, short term seems volatile with further anti trust suits . There's a good chance the price continues sideways, for a few days before heading upwards.
EURAUD Long Trade SetupHello Traders
If the B is an expanding flat, the previous low shouldn't be broken. That's why I took a long trade from the bottom but it was a risky entry. That's why I risked only 0.25%. After that, it bounced back. So we can have a reversal impulse, and now, a correction is in the making. When I see a complete regular flat, I'll place a pending order over the last top.
Trade with care.
Bulent
CADCHF Long Trade SetupHello Traders
One more upward impulse for a bigger complete correction is unnecessary, but the downward movement looks like a correction. That's why I'm looking for long trade setups. The last low was 0.618 retracement of the A wave and 1.272 extensions of the blue "a". We got the reversal impulse. Now, I'm waiting for a correction and a trade setup to place a pending order.
Trade with care.
Bulent
USDCHF Long Trade SetupHello Traders
The last low can be the correction's end, and the sharp bounce-back can be the reversal impulse. If so, we should have a pretty strong upward impulse after a correction. That's why I'll take a long trade if it makes a correction. But my expectation is one more downside after a running flat. If it drops and gives me a trade setup, I'll buy it.
Trade with care.
Bulent
USDJPY Long Trade SetupHello Traders
Although I like neither the downward movement as a whole correction nor the sharp upward wave in the middle, I placed a pending order over the last top and I'm in the trade. If the previous low (orange B) is the end of the weekly regular flat, we can see a pretty strong uptrend any time soon. To wait for a small correction to take a long trade can be a good idea.
Trade with care.
Bulent