Short as long as 0.459 is resistanceAlternative scenario: the upside breakout of 0.459 would call for 0.509 and 0.539.
My pivot point is at 0.459.
My preference: the downside prevails as long as 0.459 is resistance.
Comment:
The RSI is below its neutrality area at 50.
The MACD is negative and below its signal line.
The configuration is negative.
Moreover, the share stands below its 20 and 50 day moving average (respectively at 0.445 and 0.5).
Trade safe -
Jimster45
Plan
GBPUSD LONG - Einstein Says So Hi traders
Please check out our simple analysis of Gbp/Usd.
Again this was on our watch list from a 4hr our perspective last week so I thought id share the daily perspective to give you the bigger picture.
I do anticipate we could see the top of the channel but my exit will be at the 0.618 of the impulsive move.
Do you agree with this set up? If you do let me know in the comments below.
Hope you have a profitable week and remember keep it simple stupid!
The Fx Chartist
NANO - Possible Next MOnthly target.Hello people!
The monthly resistances in Nano are interesting at the level we are at.
I think that if it breaks down to 3.2, then we may see a 2.04 price, which hurts the pocket of some people.
If it gets some fuel I would be planning to take some profits at 9.4.
We will see!
Have a great month you all
Idea about #PLAN using Elliott Wave TheoryIdea about #PLAN using Elliott Wave Theory. According with this wave count, maybe we will see some price decrease to the range $45.30 to $30.11.
FEIM - Trade PlanWill enter if the stock holds strongly above $11. I never go in blind. If the price can't hold, this plan is invalid.
STOP LOSS - $10.80
PROFIT TARGETS - $11.50, $12
I think 10.80 will be solid support. Volume was great this week and we broke through some important levels of resistance.
PLAN - Bullish call flow Aug 27thAnaplan, Inc. is a cloud-native enterprise SaaS company that helps improves business performance. Options - Over 3800 Sept $70 calls bought Aug 27th, Put/Call ratio is .21. Related tech business software names that did well for earnings, TEAM, MNDY, CRM, BILL. Currently above the 200 SMA, $61.8.
Quick update for XRP: What's next, $2.40 or $0.60 ?Check the 'XRP outlook APRIL/MAY', link below!
XRP is following the plan. Charts looking good. But i’m still watching the possibility to see another dip towards $0.60.
My first zone has been met. And it's holding so far.
Price could go further up from here, but another thip is still (and also) a likely scenario.
Anaplan Inc 🧙Anaplan Inc is a United states-based business performance management company. It offers cloud-based business planning and performance management platform based on a single hub where business users can create and use models. Anaplan provides solutions for finance, sales, supply chain, HR & workforce, and marketing. The company also provides professional services, including consulting, implementation, and training. Its geographical segments are the Americas; Europe, the Middle East, and Africa; and Asia-Pacific.
If you want not to miss ideas like this one ,🎯 subscribe and press a thumb up! 👍 Have a question? Don't be shy to ask! 🤓 Interested to study how to analyze charts, follow me!
BTC POSSIBLE SCENARIOI'll be looking close BTC, there is a falling wedge forming, we need to broke the trendline to fly. If the falling wedge doesn't work i will wait to Tesla FUD levels to see the price reaction. The BTC D is not working yet for the bull run, we are on an interesting week for BTC and the others crypto.
📚 Creating A Trading Plan and Executing A Trade 📚As with all great trades, we require a trading plan. This is a perfect example of how to analyse, execute and manage your trade. See linked chart for the initial trade idea.
See below for a step by step guide on how we entered this trade and what we looked for.
Goodluck and trade safe!
LET'S LEARN TOGETHERTradingview is all about sharing your ideas and knowledge with like-minded people. Sometimes we all get caught up with the trading part and forget that it's a learning journey no matter what your experience level on the market is.
As a way for everybody to take a step back and look around, we decided to create this thread where each of you can share your trading routine and any tips. Something you might think is insignificant might change somebody's trading journey for good!
A lot of you have been supporting us with coins! We make enough through trading, thus, we'll try to give back to people with the most helpful tips through the coins we have.
For instance, here are some tips Investroy analysts use on a daily basis:
1) Before making an entry on a larger time frame, we always check M15 or lower to make sure we don't have any micro-reversal patterns being created
2) We don't enter trades on Fridays
3) NOT RISKING MORE THAN 1% ON A SINGLE TRADE (NO MATTER HOW JUICY THE OPPORTUNITY IS)
4) Always waiting for confirmations (specific candle to close) before executing a reversal trade on major support or resistance
TradingView has a lot really experienced and intelligent traders, we're hoping they also join this post to share their wisdom with the people who are just starting their long (hopefully profitable) journey. All the best, my friends! Let's make the most out of our great platform!