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Riskreward

EURCAD CHART ANALYSISI believe that the last retracement of the price towards the trend line on EURUSD was due to the pressure of the ECB to contain inflation recently. Certainly, there were rumors that the Russia-Ukraine conflict might be taking a turn. Considered the possibility that the Ukraine-Russia conflict would escalate, and sure enough. The best opportunity given this escalation of the conflict was against the CAD, given that it would benefit from the rise in oil prices that the risk-off environment entails.
Short
by Elite_Forex
How do you feel?If you check at least 3/5 on the below we might be in the right place. 1. Depressed 2. Tired 3. Stressed 4. Scared 5. Out of money to buy more I do not know about you but I have been through all of the above over the last 12 months! I made tons of mistakes no doubt about that! BUT i wIll not make the biggest one, panic sell at the bottom or in the first rally! Some things to consider when you try to draw the picture of the next 6-12months 1. Advertising Costs or User Acquisition Costs ⬇ + NPS ⬆ ( What's doing Meow Meow on the roof???) 2. Shipping Costs + Shipping time ⬇ 3. West Disposable Income ⬇ Why is Peter Selling? well, for a buyout to take place at least >50% of shareholders must agree! Now retail holds 39% + the previous 10% of Peter before starting selling makes 49%! you understand how dangerous that was for the Funds that they wanted to take over right? Probably the price is already set! nobody else besides peter is selling here! Now have a look here: Vijay's Contract "Restricted Stock Units. Subject to the approval of the Company’s Board of Directors or its Compensation Committee, you will be granted an award of Restricted Stock Units (“RSUs”) for that number of shares of the Company’s Common Stock equal to $12,000,000 divided by the average closing price of a share of the Company’s Common Stock as reported on Nasdaq during the full calendar month prior to your Start Date, rounded down to the nearest whole share + "Stock Options. Subject to the approval of the Company’s Board of Directors or its Compensation Committee, you will be granted an option to purchase that number of shares of the Company’s Class A Common Stock equal to $16,800,000 divided by the average closing price of a share of the Company’s Common Stock as reported on Nasdaq during the full calendar month prior to your Start Date, rounded down to the nearest whole share (the “Option”)" The average closing price prior to the Start Date meaning Dec 21 was around $3.2 giving to Vijay the option in case he would stay with the company to hold around 9m shares or 1.3%. So Peter's 10% + Vijay 1.3% + Retail 39% or more at the time since many got liquidated gives us >50%, if one of the funds holding 3-4% could be on their side the acquisition would be even harder to take place. Imo this is an ordered acquisition and Retail will pay for it! What a beautiful game! Based on 670m shares float here are the % based on (simplywallst.com data and fintle.io) Holders >1% 1. Vanguard together with its passive funds holds 84,819,961 or 12.65% 2. Blackrock together with its passive funds holds 37,909,425 or 5.65% + iShares (owned by Blackrock) 20,564,283 or 3.069% 3. Formation8 Partners 42,192,476 or 6.29% 4. DST Global 38,301,392 or 5.71% 5. GGV Capital, LLC 25,707,499 or 3,83% 6. General Atlantic Llc 16,888,478 or 2.52% 7. Maple Rock Capital Partners Inc. 13,519,000 or 2.01% +5m call option + potential 0.74% 8. State Street Corp 13,349,046 or 1.99% 9. Geode Capital Management, Llc 8,442,463 or 1.26% 10. Comprehensive Financial Management LLC 8,406,736 or 1.25% 11. Renaissance Technologies Llc 8,264,800 or 1.23% All of the above players hold together 47.45%! Peter already sold 3.63% and probably going for >5%, when we learn who bought in i think the price would not be where it is now! From the 2021 Annual Report "In addition, in July 2017, FTSE Russell and Standard & Poor’s announced that they would cease to allow most newly public companies utilizing dual or multi-class capital structures to be included in their indices. Affected indices include the Russell 2000 and the S&P 500, S&P MidCap 400, and S&P SmallCap 600, which together make up the S&P Composite 1500. Under the announced policies, our multi-class capital structure would make us ineligible for inclusion in any of these indices, and as a result, mutual funds, exchange-traded funds, and other investment vehicles that attempt to passively track these indices will not be investing in our stock." IMO Peter's conversion from B to A opened the door for the acquisition ! Since they will scoop everything from their passive funds! What's the price???? If the deal is done and you are the SMART MONEY wouldn't you like to purchase all the stock available??? I mean look at that depressed 39% that sits there! IMO 2 paths are possible depending on how the markets will do over the next 6-12months 1. If markets do well there will be an explosive rally to $3-5 towards the EoY, I bet most of you will take your money and leave at that point, the volatility (shaking) is going to be insane! RSI constantly overbought on divergence the opposite of what's happening now! 2. If markets do bad then 0.90-0.70 will do. I think a big % of retail will give up on new lows or on the first 100-300% rally. Now IF and i say IF there is a buyout what would be the price? I would like to think of a price higher than the institution's average. Wish right now has no major shareholder (Peter is gone) I think VC's will likely dictate the price. My guess would be something around 4-6x FY23 sales if markets go well! That should be in the range of 4-6b maybe a little higher depending on how sales would look in 23. That translates to a price of more or less $7-9 or Inside the GAP!!! *Peter's Thiel Fund sold all of it's shares on the WSB frenzy for an average of $12 i think in the best best best case scenario that's the ceiling! Do your own research and do not listen and trust nobody! In the end, we are all alone in this game! Keep calm WGMI!
WLong
by Philoslother
10
Risk RewardBINANCE:BTCUSDT Risk Reward is the ratio of risk of loss of potential profit. Your reward should always be more than losses, look for transactions with RR 1:2, 1:3, 1:4 .... Indeed, in case of failure, the next deal should cover your losses and at a distance this will bring a very good result. For example: We take $ 1,000 (this is 100% deposit), 100 transactions (50 profit,50 loses) and the minimum RR 1:2, our risk to the transaction 1% loss, and profit 2%. Let's start with the bad scenario, you made 50 bad deals (the risk of loss for each was 1% or $ 10) 100% deposit -(50 bad transactions*risk 1%) = we get -50% deposit $ 1000 - (50*10 $) = $ 500 Now we are waiting for a white strip and you have made 50 successful transactions (the risk of loss for each was 1% or $ 10) Our RR 1:2, which means at the same time our profit from the transaction is $ 20 100% deposit + (50 successful transactions*profit 2%) = we get + 100% deposit $ 1000 (50*20 $) = 2000 $ Bottom line: Deposit + 50 profitable transactions - 50 unprofitable transactions = + 50% of the deposit (although we made the same number of both good and bad transactions) $ 1000 $ 1000 (100%) - $ 500 (50%) = 1500 $ P.S: The example above was given with the constant initial value of the deposit of $ 1000, even after the loss of 50% of the deposit, the risk was taken from the original deposit for a clear simple example. But you must admit that it is almost impossible to make 50 bad transactions in a row. Risk Management is a risk of loss that you are ready to incur in every deal. The main rule that you should remember is the risk of no more than 1% of the deposit is not a deal. Many people think that if the deposit is $ 100, then you can go as it hit, this is not enough, but when there will be a lot of money, then of course I will not do that. But it doesn’t matter how small you have a deposit, because the more it will be, the less you will put the risk of a transaction of 0.2-0.5%. For example: You have $ 1000 - this is 100% of the deposit, your risk to the transaction should be no more than 1%, it is $ 10. How to count it correctly? Many simply enter all the money in the deal and close when they have $ 10, this is categorically not correct !!! Before you go into the coin, you need to set a stop-loss (the price of which your transaction will be closed). So before entering the deal, we must first calculate how much we can buy coins in order to lose only $ 10 when our foot is reached. Take ETH ($ 1200/1TH) Deposit: $ 1000 Stop: $ 1100 (when the coin reaches this price, our deal will be closed) Risk: 1% ($ 10) Now you need to calculate how many coins we can buy: Risk 1% / (price ETH is the price of the foot) = the number of coins that we can buy. 10 $ / ($ 1,1100 $) = 0.1 coin. And only now we understand how much we can go from the deposit with you: 0.1 coin * 1200 price ETH = 120 $ (this is 12% of the deposit). Bottom line: 1. Pre-Reminance of what to go into the transaction, select where the stop-loss will be (it should not be put at your risk, but where it will not be reached) 2. Now we think how much we can buy coins, so that when reaching the foot we lose only 1% of the deposit. 3. We make our stop-loss 4. We get into the deal Thanks to these rules, to lose your deposit, you need to make 100 unsuccessful transactions in a row. Money Management (not to be confused with the market maker) - the correct distribution of personal finances. It is worth starting with your general finances, do not allocate more for trading than you are willing to lose, make a list divided into 2 columns (income / expense). This way you will be able to understand how much money you have left that you can use beyond basic expenses. Of the remaining amount, it is worth investing no more than 50%, because at any time you can lose all the money. Let's say you have allocated an amount of $10,000 for investment. There is a huge amount of earnings in the market - spot, futures, farming, sales, etc... 90% of people stop at futures trading, while they believe that their capital is simply not enough for other things. Then you must understand that: -20% of your deposit for futures trading will be enough (allows you to open 10 trades). -20% should be left in USD (any stable you are comfortable with) this is an insurance amount that will definitely come in handy for you. -50% of the deposit is worth spending on portfolio investment without shoulders and other fuss. -10% of the deposit is left for participation in sales and auctions, the risk is not more than 5% for 1 project, because you can either get X or lose all the money (there is an opportunity to participate 2 times) So we distributed your deposit, although initially it seemed to you that it was not enough and were going to trade only futures. At the same time, on futures, you take the risk from the total deposit, and if you suddenly get 20 stops in a row, then you will still have the same 20% in usd (you can also use the stable if you want to open additional positions). Invest correctly and don't lose your mind, because it doesn't matter if you have $100 or $10,000, if you treat small amounts negligently, then nothing will change with large ones. Let's talk about the floating variable of your deposit: You have 10000$ - 100% -If you lost 3%, take the risk of the original amount, or of the remaining? -You need to take the risk from the initial amount, set yourself boundaries, for example: We lost 20%, now we consider the risk of 1% of the balance 8000$ = 80$ Set boundaries for yourself, not to change risk. If you have come to the negative side, you need to take a break and rethink your trading, what are you doing wrong and losing money. The same system works in the opposite direction, if you have earned 20%, you can switch to risk from the new amount of $12,000, 1%=$120 All your trades must be calculated in %, not in $ In fact, all these numbers should be individual, because many people face a psychological barrier when the amount of risk in $ starts to increase, so you can reduce your risk to 0.5%. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Education
by Crypto4light
When to up your share size?Many traders have 2 or more trade set ups. It is important to know the following: 1)The risk of your trade must be in accordance with the winning percentage of the trade set up. 1)Your share size should increase or decrease in accordance with the winning percentage of the trade set up. * Share size increase must be in accordance to you account size (account management) These concepts are what separates really good traders from average traders.
BEducation
by UnknownUnicorn37963351
3
What is IDO? Benefits and Risk WHAT IS IDO? SHOULD YOU BUY LAUNCHPAD TOKENS? What is an IDO? The initial decentralized offer is the process of selling tokens early on decentralized exchanges for new crypto projects (DEX). "IDO" - Initial Dex Offering. Decentralized intermediary exchanges help new blockchain companies sell their tokens. IDO is a common way to get people to invest in a crypto project. It works in a way that is similar to an IPO, which is when shares are sold on the stock market. IDO takes place in two steps: Tokens can only be used by a small group of people. On average, one participant gets a "allocation" of $100 to $1,000, but it depends on the project and could be more. Start of business. After being made, tokens are put in a pool where they can be sold. At this point, they can already be traded. How IDO works? With the help of decentralized exchanges (DEX), putting tokens into action is much easier. The project team issues its tokens on the chosen platform, and the exchange is already selling and transferring tokens. People buy them, which helps pay for the project. The main benefit of this method of promotion for the developer is that the process is automated. On DEX exchanges, everything is automated using smart contracts, so the developer doesn't have to deal with each sale and purchase. Here are some basic rules about how IDO works: From the start, the project is tested on the chosen DEX, and only after that can it be used for IDO. If the "exam" doesn't go well, they won't be able to enter IDO. Then, they sell a certain number of tokens for a set price. Buyers block their money, and the amount of assets they bought is given to them. After tokens are made, they are given to people (TGE). To buy, you have to be on the list of investors who have been checked out (White paper). For verification, you need either an address for a crypto wallet or the completion of tasks set by the project. The project team gets the money from the sale of digital assets, minus the money that goes into the liquidity pool. When the tokens are unlocked, they can be traded after the purchase. Coins can be locked for a few months or even a few years, depending on the project. During the attraction of investments in the project, the tokens are not liquid. Participation in IDO To join IDO, you'll need the following: - Metamask or another active cryptocurrency wallet; - Enough money in the right stablecoin to buy tokens and pay for exchange fees; - Set up the connection to the DApps. Make sure you have enough money in your account to cover the cost of transactions before you buy tokens. After connecting the DApp, you need to follow the instructions, which may be slightly different on each exchange. When a user buys tokens, he or she gets to keep them. When the generation period is over, the money is moved to the crypto wallet. Please keep in mind that the terms of the exchange say that assets may be locked for a while or used to stake. Before agreeing to the project's terms, you should carefully read the instructions. IDO's Safety Measures There are risks involved in any activity that has to do with buying assets. This is especially true when real money is used to buy virtual tokens in the crypto ecosystem. You have to do exactly what is said. A few rules to follow in IDO to stay safe: - Check out the link to sign up. Scammers can offer a fake link when they want to send money to a project. If you use it, the money will go to the attackers and not to the platform. This means you can forget about tokens. Look for strange redirects. - Think about what you want to say. Project ideas are usually posted on well-known, popular exchanges, but not always there. - Don't put money in until you've looked into the project. All of the information about the founder and his team needs to be carefully looked at. Most of the time, projects that make money are made by professionals who have done it before. - Pay close attention to the terms. Based on the rules of the exchange, tokens could be blocked for a long time. You need to know what to expect ahead of time. - Mentally say goodbye to the invested amount. The most important rule of investing is that you should only invest money that you don't mind losing if something goes wrong. IDO is not a way to make money where you have to put in money. Not because it was a scam, but because it took so long to pay back. What will happen to IDO? The rules for initial public offerings that are decentralized are always changing. There are new ways to trade coming up. The IDO (Initial Farm Offer) scheme is as popular as the IFO (Initial Farm Offer) scheme. The biggest problem with IDO is that assets have to be frozen before they can be released into the pool. So, you can only make money with tokens after a while. How many people take part in the trade determines how many digital coins the investor will get in the end. To attract big investors, basic and unlimited sale are added as new functions. IDO is one of the most popular ways to get money for a project right now, so they will become even more popular and better in the future. IDO's + - Using this method to get investments has a number of benefits: - Investors and developers don't work directly with each other. Instead, they work through an exchange, so the investor doesn't have to trust the smart contracts of the project. - Part of the money raised is put into the pools so that there will be a market for trading tokens after the sale. - To make a transaction, you don't need to give any personal information; all you need is an active crypto wallet. The project can be used by anyone. - At first, little-known tokens can attract investors, but it would be hard for them to do so through large, centralized exchanges. - IDOs let you buy a limited number of tokens, so that more people can put money into the project. This cuts down on the risks. IDO's - - Among the things that are bad about the IDO scheme, the following stand out: - Not enough good protection. The project is open to everyone. There is no guarantee that someone won't use IDO to launder money or do other illegal things. - There is no proof. Through initial decentralized offerings, it is easier to spread tokens that don't have very high ratings. Launchpads and IDO (launch pads). Should you buy launchpad tokens? Launchpad is a place where people can invest in new crypto projects. Money can be raised so that tokens can be released, developed, and improved. The most important thing that platforms do is bring together investors and blockchain developers into one crypto community. When people invest in digital assets, they want to get virtual currency at a good price. Before the project is published, it must be checked out to protect investors from fraud. The more popular and larger the launchpad, the higher the requirements are for crypto projects. At the same time, most online IDOs are just scams, and the number of these projects is growing all the time. To pick a good IDO, you have to look at a lot of information. The best way to avoid a scam is to do your own research (DYOR). After careful analysis, the choice should be based on objective criteria. he launch of a project on two top platforms at the same time is a good sign. In this case, it doesn't matter which launchpad to use. Investors. Be sure to research the investors and only trust those on the so-called "white list" if that is at all possible. Terms. Paying enough attention to the project's tokenomics is important. For example, some proposals say that you can get assets in a few years. Long-term investments in small projects are risky in a world where things change quickly. You should always think about whether the game is worth your time. If the project isn't shown on trusted platforms and investors from the Whitelist aren't involved, it's not a good idea for a beginner to take them on. You can try to learn about tokenomics by looking at the best projects. After you've mastered the details, you can try more risky launches, but only after you've done a thorough objective analysis. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch! ✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes. * Look at my ideas about interesting altcoins in the related section down below ↓ * For more ideas please hit "Like" and "Follow"!
Education
by Crypto4light
AUDUSD Is About To Drop!The monthly price is in a bearish reversal candle pattern formation that is bouncing off the huge bearish head and shoulder patterns neckline, ascending trend line of the symmetrical triangle, and bearish crossed short term moving averages, giving us a signal that I call an H&S B-E.1. Usually, when this signal pops-up, a 2 level drop occurs that will end in any previous key level target. In this situation, the trend might end on the 2nd Monthly Key Lvl. Although the bearish signal seems to be strong, it might not occur. The price will reject it once it has bounced off the 7th Monthly Key Lvl to bullish breaking and retesting the Monthly H&S/Half a Bat Neckline, ascending trend line, together with the 8 (dark blue) moving average. If the price does that we will be expecting a bullish uptrend to the Monthly Neckline 2, descending trend line, 21 and 50 (red and light blue) moving averages. Moving down to the weekly, we also have 2 possible scenarios that will confirm and dis-confirm the weekly and monthly biases. Bulls: -If the weekly price bullish breaks and closes above the Mini Weekly H&S Neckline and 8 moving average, that will dis-confirm both trades and the price will be in preparation to rally to the Monthly H&S Neckline, ascending trend line, and 21 moving average to dis-confirm the monthly's bias also. So the weekly's dis-confirm will likely lead to the monthly's one. Bears: -If the price bearish closes and retests the Mini Weekly H&S Neckline on the daily time frame (see the chart below) that will trigger the 1st trade signal. If the price drops to bearish break and retest the 8th Monthly Key Lvl after the 1st trade signal, that will trigger our 2nd trade signal. Both of these trades will fully confirm weekly and monthly's bias of the long-term drop. As I stated above, the first trade will be confirmed on the daily; lets see how that will happen: The weekly's bearish head and shoulder pattern is fully visible here on the daily as a big pattern. Its price is current running below the neckline that hasn't been retested since it broke it. This makes the patterns signal not fully valid. Furthermore, we the bearish crossed short-term moving averages that don't retests made on them. This makes both the moving averages and market maker pattern signal not fully confirmed. With that said, if the price closes below the signal key levels and proceeds to bullish bounce off or retest the Mini Weekly H&S Neckline together with the short-term moving averages with a bearish reversal candle pattern close (made by the accumulation phase), that will fully confirm the daily, weekly, and monthly signals. That's it for today. I hope you found value in this trade idea. If you have a different concept in mind, feel free to share it in the comments section or through a direct message (your choice), I'd love to know your thoughts! Stay Blessed, Sphatrades.
Short
by Doji-2k1
1
The Truth About Trade AccuracyA critical component relating to trading success is the relationship between your win percentage and your bottom line. Many new traders hold some extremely inaccurate views when it comes to what kind of win percentage is required to generate net profit, including the notion they need a 70% or higher win percentage to achieve success. This notion is wrong and misleading. The relationship between your win percentage, your risk management, and the profit you generate from each trade are intricately related. The beauty of this post is that the backtest logic in our Olympus Cloud indicator showcases the concepts covered with real trades, which is shown under this post in the data section. The Positive Win Percentage A win percentage over 50% is regarded as a probable edge or edge. Yet, even with a 60% win rate, you can generate a net loss. How? If your average loss is $100, but you are in the habit of falling prey to your emotions and prematurely selling your winners so you only generate an average of $50 when you win, you will lose money regardless of your 60% win rate. No trader goes into a trade thinking, “Hey, I’ll lose $100 if I’m wrong and I’ll make $50 if I’m correct.” Nevertheless, random wins of $75, $25, $60, $40, $90, and $10 will average out to $50 per win. No one purposely tries to win half of what they lose, but random trading combined with random emotions produces random results. We all desire winning and making good profits when we take a trade, but as emotions come into play, things quickly change. You may take a trade that reaches $75 in profit and then decide the move looks gassed out, so you sell. On another trade, you might get scared by some volatility, or notice a resistance you neglected to spot initially and sell for $25 of profit. It is all too common to fall prey to your emotions and behave in a way you didn’t plan to. The irony is, that you will regard the $25 trade as a winner, and it will raise your trade accuracy. Let’s look at a simple example: Example: 100 total trades with 60% trade accuracy 60 winning trades at an average of $50 per win = $3,000 40 losing trades at an average of $100 per loss = $4,000 Net loss of $1,000 In the example above, your break-even point is a 67% win percentage for a whopping $50 in profit. With this type of random risk and profit management, any meaningful net profit requires a win percentage upwards of 75-80%. The psychological damage of having a higher average loss than an average win is hard to quantify, but it’s easy to feel frustration when one loss wipes out two wins. While this sounds like common sense, many, many new traders fall into the habit of random profit management and find themselves in this undesirable situation. The same theory holds true even if you let your winners play out, but you also let your losses escalate and take a few big hits to your account. In either scenario, your 60% win rate means nothing. The Negative Win Percentage In the case of a negative win percentage, you can produce a net profit even if you are correct less than 50% of the time. In this scenario, your advantage over the market is getting into trades that consistently provide large gains when you win, and by letting those winners play out fully. Furthermore, you can’t hesitate to cut your losses and keep your drawdown controlled. With this kind of win rate, you must not sell early or your entire business model falls apart. You must understand that the big winners will make up for any profit you leave on the table. Let’s look at what happens if you are correct 40% of the time, but your average win is $100 and your average loss is $50: Example: 100 total trades with 40% trade accuracy 40 winning trades at an average of $100 per win = $4,000 60 losing trades at an average of $50 per loss = $3,000 Net gain of $1,000 It is now clear that win percentage is not everything. You can make money even if you are correct on 40% of your trades as long as your average win is double your average loss. The smaller your average win compared to your average loss, the higher your accuracy must be to make a net profit. Of course, if you can maintain a win percentage over 50% while also having proper risk and profit management you will end up far ahead. Putting It Together Clearly, the best approach is to combine a reasonable win percentage of over 50% with proper risk and profit management. You must consistently let your winners play out regardless of the emotions you feel in the moment and ensure you don’t take losses beyond a certain threshold. Furthermore, scaling out of trades – selling portions of your position as the market moves in your favor – will increase your accuracy and ease your mind. By dividing your position into two or three tranches you can lock in a certain amount of profit at predefined targets and then let the final portion ride out the trend with a trailing stop-loss. Revisiting our example, let’s put these concepts together with a reasonable win percentage: Example: 100 total trades with 55% trade accuracy 55 winning trades at an average of $100 per win = $5,500 45 losing trades at an average of $50 per loss = $2,250 Net gain of $3,250 Now, that’s what you want to see! It’s more important you behave in a consistent manner and follow a predefined game plan than it is to have 80% trade accuracy. It is wise to strive for reasonable trade accuracy – 50% to 65% – and remain consistent in order to fulfill your trading potential. After you have mastered your emotions with a consistent strategy, perhaps you can raise your win percentage to mythical values like 80%. As we have covered, though, such accuracy is not required for great trading results.
AMEX:TANEducation
by Level8Trading
1
BTC TA - Bearish scenario 4h I opened a short yesterday at the $23300 level. Let's see what will happen 🚀. Just remember: Stick to your plan and have a good risk management 👍 And that's the main reasons I decided to take a short on BTC : ► Confirmation of the breakdown of the rising wedge ► Retrace of the 0.5 fib level ► Tripple or four Top ► High risk reward ratio Trading setup: Entry: $23310 SL: Moved to small profit TP1: $21600 (already taken 40%) TP2: $20555 ⚡Just to notice. We are right now in a very volatile market phase in the crypto. Crazy and unpredictable things could happen. That's why you should use a stopp loss. ⚡ Disclaimer: DYOR. No financial advice. Just for your impression.
BITFINEX:BTCUSDShort
by CryptoPlough
NIKKEI 225 BUYCONFIRMATIONS - I believe price is going to fall for the next 12-14 hours however reverse of the ascending redline located on my fib at 27962. - I never want to say this is a "prime example" because things can change. But this is a pretty regular chat pattern that is forming a "rising wedge". This is a chart pattern I look for very often. - Price has continued to respect my ascending trend line. - Price is simply in an uptrend. - 50 MA is right under price. - Risk/Reward is 3:1 - Waiting for a shooting star or inverted hammer candlestick.
BLACKBULL:JPN225Long
by KairosTrades