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Short-long-setup

EUR/CAD BULLISH TRADE - TRADE IDEA H1On EUR/CAD, we have a bearish setup following the PMI data in the Eurozone. The market is approaching the level of 1.4570, where we have a Forex48 block, indicating a potential reversal zone. If we receive valid confirmations on the M15 timeframe, a long position could be considered with a target at 1.47, aiming to capitalize on the inefficiency created by today's news. Best regards and happy trading from Nicola, CEO of Forex48 Trading Academy.
Long
by Forex48_TradingAcademy
1
StoneCo (STNE) following exactly: Wall street Cheat sheet Hello Traders / Investors Seems like Wall st. Cheat sheet is CORRECT. Sad for me I realized it too late and missed some profits in last weeks. Considering my DXY Elliot Wave coun, my expectation is another drop of STNE price where wave C will be 1.618 of A = Price around 5.5 USD. (Best place to buy some shares + Also watch Konvergence of RSI on 1D/1W TF). ritholtz.com Learning every day. Trade safe, take care and enjoy the ride.
NASDAQ:STNEShort
by LongevityContrarian
2
AUDJPY(1D) - KILLZONE AHEADIt's a killzone. It doesn't mean you're going to make tons of money. In fact you have a better chance of losing money. Unfortunately - I tend to talk more about losses, cuz it's the most important thing in trading to control. Sorry! Assess your ATR, on this time frame. Know your acceptable loss. Control the loss if shorting in the killzone. Prepare to lose! All traders need to do that! Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
by Captain_Walker
3
2 ideas for $MATICSo these are the 2 possible scenarios I see taking place. If you bought in at the first support and are worried don't be its probably gonna graze the 50% fib support and should bounce off of it. I have drawn 2 different pathway's for you to look at to get the gist of what I believe we should see over the next 24 - 48 hours. This is not Financial Advice only my opinion using tools that I know and understand in order to produce a good analysis. Please DYOR before investing into cryptocurrencies considering the level of volatility in this market you need a good understand of it. If you liked my analysis feel free to drop a like / follow in order to follow me for future analysis. As always, Happy Trading Traders & Never Trade Leverage!!
MLong
by PacMan1337
5
Entry Position for Matic/USDSo I know a lot of you have trouble knowing when you should reenter the trade or even enter the trade so I made this up to give u a idea of where u need to be entering into the trade if you sold at the 78.6% lvl and then are now waiting for it to settle. I would say it is going to just barely touch the 61.8% support and bounce off of it and start heading back up to retest the old ( ATH ) and set new ( ATH ) and so on. So if you are waiting to reenter into a long position then this I think will be the best area to do that. This is not financial advice this is only my opinion using tools that I know in order to produce a good analysis. Thank you all of you for supporting my technical analysis and I hope to continue to see you all in the future! We are shaping a future for our children and our children's children by supporting blockchain technologies ! If you have not yet started to DYOR on blockchain in general then I highly recommend you do so. Blockchain is indefinitely going to replace fiat / currencies as we know it today and there is a strong chance it may even help other countries that have broken financial system begin to thrive and flourish and catch-up to us larger countries. I hope all of you have a bless day and remember always, NEVER TRADE LEVERAGE!! -PacMan1337
MLong
by PacMan1337
Heavy Resistances Can Lead Cardano to 1k SatoshiAlrighty guys... Let me get this out of the way now: BIAS: Long-term, I'm still freaking bullish on ADA. If you are bullish on this MARKET in the long-term, then you have NOTHING to worry about with Cardano. It's a legit project with a lot of hype behind it, and it's just finding itself struggle because it was SEVERELY overbought and then dragged into a bear market, fully devised by Bitcoin's diabolical plan. WHAT I PREACH: Remember when I was warning everyone that things that grow fast come down pretty hard and have a nasty bear market??? AND PEOPLE TOLD ME I WAS FOOLISH. Like bro... seriously? Cardano gains like freaking thousands of percentage points in just 1-2 months and you think that its going to keep going up for FOREVER? ARE YOU SERIOUS?? omg... it just makes me upset, and I hope that those who think that is "likely" have learned a very valuable lesson here. It's just NOT possible to sustain that type of growth. it just isn't. I called the top on and the drop on my last post with this one guys. ANALYSIS: So there are a few good things and many more bad things I see here with Cardano. Let's get started with the good - Good: 1) Shit. As soon as I started this I blanked lmaooo, because there really isn't much good... hold on let me think... 2) OKAY, YES. Alright, well, for one I don't think Cardano corrects for more than another month maybe? 3) The two white lines, BOTH now serve as support lines ! 4) Volume is very bullish! 5) Remember, this is in Satoshi! Right? So it's possible that a drop to 1k satoshi just means that it gets outpaced by the growth in BTC in dollar value. So Cardano could honestly not drop that much in dollar value, but just its relevance to BTC's growth. It's important to really understand an altcoins Beta, and their leverage to the market. I really want to make an educational post on that and even calculate Betas for you all, but I don't have the time now. 6) THERE IS A CHANCE THAT WE BREAK OUT OF THIS GREEN ZONE! Alright... So as we see, the good isn't really all that good. It's just kind of like, "Hey okay. It's not terrible!". This next month for Cardano holders MAY NOT be all that exciting. The Bad: 1) Resistances - The top of the first Green Support Zone - Wave 3 - The 8, 13, 21 AND 55 EMA (Jesus) - The Orange Support Line is now as resistance 2) Indicators: - RSI is in oversold regions, but it has a lot of work to do to break those resistance zones - Stoch RSI is showing this TINY price movement on the daily chart to be heading towards the overBOUGHT region - The Daily MACD has crossed and is upticking with LITTLE price movement as well. 3) The wave count is unclear because this is in satoshi, BUT, it doesn't look like it will be even close to outpacing the growth of Bitcoin anytime soon. 4) If it falls even below the 78% Fib Support, then it's going to have a hard time gathering bullish momentum. So here we see that Cardano isn't in the best position. BUT, if it can manage to break all of these resistances, then it will be SMOOTH sailing for Cardano, and my bias will be VERY bullish! That's why I left this Neutral. Because a breakout is actually possible. Just not likely, yet. Good luck guys, and trade safe!
by Elijah_Trading
23
GBP/CHF - ONE MORE WAVE UP OR READY FOR THE DROP?The pair is currently forming an Ending Diagonal . Ending Diagonals tend to form 5 actionary waves, but this is of course not the always the case as they also sometimes form just 3. As of now 3 waves have been completed so the pair will either drop now or will complete the 5th and final wave and drop after breaking/retesting the 1.3400 level. We have no clear signs for a buy nor a sell at the moment therefore it's wiser to see what signs the market gives us (price action) and act upon them. For risk and money management purposes, always determine a max. of 2% risk on every trade. For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss. Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market. This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
by Aqua_Trader
Projection DE30, looking for year high 13700~From a 100% technical perspective, my chart is telling me DE30 looking for top of bullish channel since post subprime crisis rally. Before this happens though, I'd like to see a drop to 12316 - 12392 (2015 high) for a healthy climb the coming weeks. So to conclude my thoughts I think we've seen swing high looking for swing low to a new all time high that might roll over very fast because of the lack of confidence in stocks that are already overvalued.
OANDA:DE30EUR
by LordTrader