Get started

Multiply

Can start a trendThere are good chances from current level multiply can start a new trend to the upside, if geopolitical scenarios are settled this stock can rally very quickly specially after disclosing there positive financial results this stock didn't perform due to the same reason but with todays closing we are getting some sort of indication that buyers are again getting activated. Although this can be a short recovery, i am expecting it to go a bit higher from current level and then come down from a small correction to start a fresh trend to the upside. Hit like & follow guys ;)
ADX:MULTIPLYLong
by stalkstock
Do or DieTrend Multiply is at a very crucial support zone for now that is 3.95-4.00 if this support zone is broken then we can witness more selling pressure and it can retest 3.80 area. Over all trend is still uptrend. Bulls have to flex up and show some power. Targets Strong resistance at around 4.10 zone but since multiply has spend so much of time near this zone if we see buying pressure again then there is high probability that it will cross 4.20 with ease. Hit like & follow guys ;)
ADX:MULTIPLYLong
by stalkstock
EURJPY - Structure Trade(20Jun2021)Do you remember that last week I've mentioned in my previous post titled, "EURJPY - Trendline" that the Bearish Shark won't form up and you can look for a shorting opportunity on the Trendline for a shorting opportunity, that opportunity alone brings you a 285pips(more than 2,850USD/lot) of net profit, and this is a spin-out trading idea from the Weekly Chart's Bearish Shark Pattern. Imagine how much you would earn if you have engaged in the trade base on the Weekly Chart? I'm not all keen on a counter-trend trade on this trading setup but if you must, a break and close above the trendline is needed before considering a buying opportunity. I will wait to short this trade at 132.67-132.88(red box) for a trend trading opportunity.
Short
by RaynLim
1
EURUSD-Weekly Market Analysis-Jun21,Wk3If you have missed the Bearish Shark setup which completes at 1.2260 that I've shared on 16 May 2021; short on Parallel Channel at 1.2190 that I've posted on 6 Jun 2021; you probably won't want to miss to short within the range of 1.2150-2.2159 or at 1.2167 on the 1hourly chart, that's the price range and it's potential for a pull-back. Click follow so you won't miss such an opportunity again. Coincidently, my student share the same thoughts on the trading strategy, have a look, link at the bottom.
Short
by RaynLim
NZDUSD - 5-0 Pattern Grand PlanLast week the 5-0 Pattern was spotted and the trading opportunity was share in our group(link at the bottom). The candlestick formation and RSI Overbought was not the only reason that triggers me to short the market, but also on the higher timeframe, the daily chart(right) has a bearish bat setup. Although, the bearish bat pattern has triggered alert of this trade is a No, No, I see there isn't any harm doing that as I'm getting a healthy RRR(Reward:Risk). I had engaged the 5-0 pattern and plan for a 2 target approach, the second target that I am planning is no other than the Target1 of the bearish bat pattern. But hey Rayn, I thought you were saying there's a warning sign on the bat pattern and you circle it in yellow? Yes, having a warning sign means it's not ideal to engage the trade. However, I had an opportunity on a lower timeframe to engage it and I'm prepared to intervene in my second trade if the market shows the trend is going to reverse. Let's see how this trade pans out, I have more plans to engage this trade. Follow us in our community and don't miss out another trading opportunity ever again.
Short
by RaynLim