Iota, as you can see, has dropped to the lower Fib levels and is primed for a breakout. Wave anaylsis states a Long position at the moment. The issue, of course, will be if BTC can at least trade sideways for a couple of days to let us get some quick day trades in. Because of this, this is certainly a high-risk trade. Targets: 1. 0.00020216 2....
Looking at the daily chart of the EURUSD we see for now a clearly bearish trend. But with the upcoming support/resistance going hand in hand with the fibonacci level of 0.5 im looking for another bullish move. A trade setup could look like the green and red box with a pending buy limit order right on the levels.
I see a potential for small swing long trade on this one based on fundamental and technical factors
Are there many reasons for the overall market to go higher? Other than the resolution of U.S. and China trade concerns, there don't seem to be a lot of good reasons for the stock market to rise as a whole. Back in March, traders were discussing "the most anticipated selloff of all time" as trade, political, and monetary fears were sending the market down off...
Just an example to help a fellow trader (hopefully)
Ever wanted to know how to trade market tops and bottoms? If so drop a comment below. Meoh Short Trade- Stop 71.30 Entry 68.55 Target 1 63.05 2:1 Target 2 60.3 Target 3 optional trail Short setup is forming as market retest range highs www.tradingview.com NBIX- ENTRY 90.92 SL 95.01 T1 86.92 rr 2:1 T2 77.01 rr3:4 Short setup is forming as market retest...
Friday's low and close to 61.8% of the 108.65-110.02 rise. Looking for uptrend to resume and clear May's 110.02/05 highs, the 200-DMA at 110.18 and 61.8% of the 113.75 104.56 drop at 110.24, for a run at 110.85, Nov's low & 61.8% of the 114.73-104.56 drop. Source:eFXplus
The price should go up from here and resume above the support line otherwise it can drop further.
=> Inflation recently slowing across US, EZ, UK et al other major economies we have only one side of gold in play here... risk . Volatility is set to increase in May as tensions in the Middle East, namely Iran continue to escalate. We are setting the stage for war and commodities (namely oil and gold) are the beneficiaries of risk flows. => FED hikes in May...
Bo bitcoin, wow, another pending short. Time will tell.
not a certain buy, but it might require further correction before continuing to drop. If resistance is broken, buy at your own risk.
okay maybe im over exaggerating. But theres a good chance of this short opportunity happening.
We might see Vol coming back in the next week or so. Risk on.
None of dem trend lines fill the room. None of dem kicks go boom. None of these stocks can dance. Not a single one of dem stand a chance. All of dem divergences are a mess. I've seen it all before, I'm not impressed. I'm hedging my long from 2580 with a short in this price area, because too many stocks are at a risk of a trend change. Short entry: 2694 Target:...
The VIX is called the 'Fear Index'. That's for a good reason. In times of high volatility what do you do? People in general stay out i.e. they sell off and keep their powder dry, or look for safe havens. They fear for their money, even if they don't admit it. As a trader you're told 'volatility is good for traders'. But really - is it? It depends on how extreme...
Welcome to my OMG trading idea/guide to crushing it!! As with everything else in the crypto space, we have been pulling back from our recent surge. OMG outperformed a lot the other major coins during this surge, rising just over 46% from the bottom!!! Hats off to OMG. If this is the wave 1 then can OMG assure us more gains in the next wave up? Potentially. I...
The "S&P 500" started on Wednesday to fill the open gap between March 8 and March 9 (above 2740, below 2751). This is bullish and should lead to a bounce in the next days, thereby taking the "S&P 500" higher again. But in case this bounce fails to keep the market going upwards above 2800, the idea is to hedge against further downside risk with a short placed above...