Riskreward
EUR/AUD - Pending LongMonthly:
Rejected 2 times from support and now stuck between support and resistance level.
Weekly:
2 times rejected from weekly support level. Last week with huge pinbar.
Daily:
Broken Daily Support Level now this level is support so expect to pull back for test.
4 Hours:
Placed pending buy order with thin stop and massive Risk/Reward!
This is not financial advise!
Good luck!
EURSGD Trendline and 73 fibo zone long - Buy low!Buy low sell high the saying goes and what a great opportunity on this pair for just that. Plus meeting the rules for entry on a geometric trendline and fibo zone notably my preferred 73-78.6 for a nice correction long on the daily chart. Great risk reward on this one, that's what we like.
ULTRACEMO - LONG @CMP 7660Swing Idea:
NSE:ULTRACEMCO - LONG @CMP 7660
Entry -> 7660
SL -> 7395
TGT 1 - 8000 (R:R = 1.3) - Time frame -> 1 month
TGT2 - 8200 (R:R = 2.05) - Time frame -> 1-2 months
TGT3 - 8800 (R:R = 4+) - Time frame -> 4-6 months
Reasoning:
- Stock moving in a channel since 1+year.
- Stock moving on lower end of channel with good consolidation
- On the verge of breaking triangular pattern
Caveats:.
- Can go below channel on global cues, and pandemic news. Shake-up possible.
- Earnings coming up in 3 days, could be a make or break situation
ROSEs are red...ROSE is currently testing its 100-day EMA and ~0.455 level. It has also been trading within an ascending channel since December 2021 where it gained ~192%. Naturally, since its ATH it has faced a pullback to its 50% fib level.
ROSE must now decide whether to fall further toward the 38.2 level, which is a common occurrence when BTC is weak, or it can gain momentum and re-test its higher fibs and ultimately its ATH. ROSE has a good risk: reward ratio. If BTC avoids a further fall below the 40k level, ROSE can move up. It is important to wait for confirmation of the trend before entering a trade.
Please note I am not a financial advisor and this is not financial advice. All ideas are for educational purposes only :)
Please feel free to leave your comments and thoughts below!
XAUDUSD BULLISH ABC APPROACHING 1ST TARGET 1850.000XAUDUSD BULLISH ABC APPROACHING 1ST TARGET 1850.000 after the abc bullish pattern formation with entry at 1780.875
the 1st position will be profit leaven the remains one for the second target
top loss will be moved to 1812.704 a 50% above the entry level
GBP/JPY - SHORT Long term position, with great risk/reward ratioThe price reached the previous highs. It created a double top and crossed the uptrend line. Also RSI reacted to the overbought and started to 'look' downwards.
Great potential here for positions that will stay open for a few days or maybe couple of week in order to be profitable.
Bearish Entry ExampleThis kind of price action happens all the time, you just have to spot it while it's happening so that you can plan your trade and execute. I have put this together to give you an idea of the type of things I look for in the hope that it can help you too.
Once price action has made a clear impulse to the upsides and taking out previous structure that's our first sign that the buyers are stepping in. Once we see some corrective price action we can place our fib from the high to low, mark out previous structure and identify the pattern that price is making to build a picture of where price is most likely to reverse giving us the best possible entry.
FTCH: BIG SUPPORT. BOUNCE SOON?FTCH :
A lot of tech charts look similar.
- big zone of support -resistance here as you can see on the chart
- Demark sequential 9 weekly
Again, we're going against the trend but I like the risk vs reward for a long swing trade here, cuz I can have my stop loss not too far.
Trade safe!
Good Risk/Reward SituationSXP looks really interesting here, and if you're a gambler, this might be a bet worth taking. The bearish case is that we have a large Descending Triangle. The bullish case is that we have Extreme seller exhaustion and may soon be printing bullish divergence. It's important to point out that while normally I would look at seller exhaustion as being a good bullish sign, *extreme* exhaustion can actually be a bearish sign as it can indicate that demand has all but dried up. However, in this market, a small-to-mid cap coin with dried up volume can be very tempting for speculators as it won't take very much volume to generate huge volatility. I think this is a gamble that could pay off big and might be worth a small position here.
Crypto bottleneck cointinues to tightenWe've been hugging the lower end of the Bollinger Bands since the November peak, without much chopping between. The bands continue narrowing, and moving sideways. If you believe in the power of the bands, you might note just how wide the risk : reward spread has gotten across the market. Massive gainer potential here folks! It might be choppy though, be careful!
FTT
Upper Target: 44.42 (+17%)
Lower Target: 35.09 (-7%)
BTC
Upper Target: 53k (+26%)
Lower Target: 40k (-4%)
ETH
Upper Target: 4349 (+38%)
Lower Target: 3029 (-4%)
Which side are you trading?
Could see a bounce now- Just broke out of lower BB band
- Sitting on the lower trend line
- RSI oversold on 1D
We could see a bounce right now on the lower trend line, it is possible if a turn around happens that we could see 80k this time around and with a stop loss not far below the entry right on this trendline just below the accumulation zone our risk reward ratio for this trade is fantastic. Would wait for more confirmation before I longed here possibly waiting for the RSI to cross back over, but all in all it is looking like a nice place to start accumulating some long positions assuming we do not break 40k on the down side, If we do break the 40k on the down side we could head as low as 30kish.... :(
DISCA: LOW RISK BOUNCE SWING PLAY
Disca has been dropping since March and has now reached an Ichimoku support on the weekly chart.
My support is based on the flat side of the cloud.
Quiet good risk/reward play . One could buy at the current price level with a stop between 24.90 and 23.5 depending on your risk tolerance and sizing.
My target is between 32 and 35 as you can see on the chart. If we reach these target we will reassess and see whether we have a sustained trend reversal.
Trade safe!
More on Ichimoku (by Investopedia):
The Ichimoku Cloud is a collection of technical indicators that show support and resistance levels, as well as momentum and trend direction. It does this by taking multiple averages and plotting them on a chart. It also uses these figures to compute a “cloud” that attempts to forecast where the price may find support or resistance in the future.
Key takeaways:
The Ichimoku Cloud is composed of five lines or calculations, two of which comprise a cloud where the difference between the two lines is shaded in.
The lines include a nine-period average, a 26-period average, an average of those two averages, a 52-period average, and a lagging closing price line.
The cloud is a key part of the indicator. When the price is below the cloud, the trend is down. When the price is above the cloud, the trend is up.
The above trend signals are strengthened if the cloud is moving in the same direction as the price. For example, during an uptrend, the top of the cloud is moving up, or during a downtrend, the bottom of the cloud is moving down.
UPDATE: GALA UP 725% after bull signal - 280% more to come?Please Like or Follow if you enjoyed this content.
UPDATE: The price went sideways for a while before the big pump in Nov. Making a whopping 725+% after the bullish "Supertrend Ninja" signal in Nov 2021. That's a life changing trade for many people.
Currently the price seems to be in a range as well. Using Fibs there is potential gains of 280% around 1.62 USDT. Then again if we drop here, it could be as painful as 75%. Currently we are testing support, RSI is in an accumulation zone. Another small drop here before making a bull run, or continue moving sideways in the range wouldn't surprise me as well. GALA is a trade that definitely needs some proper risk management.
Personally I would wait for the 'Supertrend Ninja' signal to turn bullish first. It might take days or weeks. Generally this indicator gives around 2-8 bullish signals a year.
Supports and Resistances are highlighted as grey blocks. Profits can be taken at each grey block. Supports and resistances are automatically drawn using the indicator "Yo Show Me Some Support - and Resistances". Pun intended.
Thank you for reading.
Namasté 🙏
What Indicators Do I Use:
In the chart I am using my "Supertrend Ninja indicator", which is a trend-following indicator (Green and red vertical line with arrows).
When the background of the candlestick closes green (vertical line) with an upwards pointing pink arrow. It indicates a possible bullish (up)trend.
With each trade proper risk management is essential. Either by using my script "Trailing Stoploss Bottom Activation indicator", visible as grey dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using my "Heikin Ashi Trailing Stoploss Activation", the indicator below with green and red blocks. Or third option, exit when the Supertrend Ninja indicator displays a vertical red line with a downwards pointing black arrow. Remember, the first stop(loss) is always the cheapest stop.
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
FIDA. End of downtrend. +1000% ahead. Don't miss it!AI scanner chose FIDA because:
It ended its downtrend with a spectacular breakout.
Price is stable above the falling wedge.
Pattern target is +100% (spot) or +1000% (x10).
We invested ETH 1000 into this altcoin.
Analysts, other whales instantly jumped on the wagon.
DYO, but don't blame us if you miss the train!
AVAX! Swing AVAX is paying off Great. It had amazing risk and reward. You not always win that’s why important the ratio.!
If YOU NOT a hater and support others like this post! It does MAKES A DIFFERENCE
This one Falls In our research on swing set ups with a good ratio of Risk and Reward.
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Swing trading is great because you can create a lot wealth in % by risking less $$. Compound Gains.
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