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Pullbacktrade

BTCUSDT waiting for the pullback on 44k BTCUSDT waiting for the pullback on 44k after a huge selloff. The price is testing the weekly support and now could have a retracement until 0.618 Fibonacci level. According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
by InkyGrip
2
EUR/USD BUY IDEAHey tradomaniacs, I will be fully back next week and was not really able to post anything. I personally took a short on AU, GU and EU today and consider to go long here for a possible pullback-trade 👉 The inflation-data today were really shocking equities and shows that the market was basically right with its worries. "The Labor Department said Wednesday its consumer price index rose 0.8% in April, and 4.2% year-on-year, the fastest pace since 2008. Excluding food and energy, core CPI increased 0.9% in April." The immediate reaction by the market was bettings on rising yields as cycles could repeat and it is very tricky as we don`t know how the stock-market is going to continue. These positive data actually show a recovering economy, which should be good for the stockmarket but on the other hand it is getting more likely to see less liquidity be the FED and higher interest-rates. What will overweight? Is this inflation really, as the Jerome always repeats, transitory? However, very exciting currently to watch how the market deals with it.
Long
by Trading2ez
1
Cipla for solid returns The weekend is a good time to scroll through the charts to find some gems for the coming week and for the coming month. Cipla is one such stock that came on my radar this week, stock had seen a good move from 738 levels to 966 levels, comprising about 35% return in just 4 -5 weeks. After seeing a remarkable rally, stock decided to correct, and I as a buyer could take advantage of this correction to grab this stock at attractive levels for participating in the new up leg, that may take stock to 1000 and 1100 levels, and that rally is most likely to come, considering the previous strong price action. The near-term support is at 855-845 levels, that I am expecting the prices would hold and also bounce from it. The daily chart also provides good support around 870 and chances are there that stock might reverse from here, hence buying can be done at two trenches. Trade type: Positional : Pullback Trade : Support Buying If you are trading this, you are trading at your own risk, please do your own research as well. Share the post, if you find it informative and useful.
NSE:CIPLALong
by manuagarwal21
1