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Sideways

Will NIO touch the 50% fib retrace?NIO is having some consolidation, and it is more due to the massive growth in the EV market and investors cashing in unrealized profits before the end of the year, NIO is being sold with the rest. IMO the consolation is limited, there is too much interest in this company, accumulation is taking place, so I see 2 scenarios, the first is a sideways move for couple weeks and the other is a deeper retracement to the 50% FIB from its latest impulse, that would put the stock low at perhaps 39ish, however NIO has proved to be a lot more resilient that expected. I also see a return in growth for the whole EV market in Q121, the race will go on.
NYSE:NIO
by Allenvik
Short setup of AUDCHF at 0.6715-0.6750 with high RR ratio Technical Analysis: On the Weekly chart, the pair has been sideways for a while, sell at the top would give me a low risk trade with high reward. entry 0.6715 stop 0.6750, target 1 is 1.5 of stop loss, target 2 is 0.6450. In addition, the downtrend line in cyan blue colour would give more odds on my side. Basically, it’s a nice structure to place this trade. However, if I got stopped out. I will look for long setups for the pullback. Plan your trade and trade your plan. Before we pull the trigger, we must know the possible scenarios. Don't focus on the money, instead focus on your trading process. The money will come into your pocket.
Short
by JICPT
2
SELL THE HIGHS FROM A SIDEWAYS MARKETUse 1/2 risk. It's a nice trading opportunity at the top of a channel. It's a major resistance at key level 70.50. Doji 4 Hr candle at the resistance ( it shows indecision ). It is a risky trade though because we haven't a really clear price action but it's worth it because of the risk to reward ratio. *If it breaks the take profit target, you can extend it! ENTRY: 70.55 STOP LOSS: 70.70 (15 stop loss) BE: 70.40 (15 pips profit) --> 1:1 TP1: 70.25 ( 30 pips profit) --> 1:2 TP2: 70.10 (45 pips profits) --> 1:3 HAVE FUN & HAPPY PROFITS ! ! !
Short
by MONEYMAKER00
Neutral or sideways, trading StrategyHi all Kindly like the ideas if it is helping you and leave a comment Today I want to tell you how to trade in markets that are trend neutral Indicators you need : Bollinger Bands and Stochastic Whenever Stochastic is in the Over Sold and Overbought area, we prepare for the position. To get a long position: the Stochastic must be in the over sold area. We wait for the red line to be broken by the blue line and exit the over sold area, and when it leaves, we open the Long position When to sell? when the price hits the middle or upper line of the Bollinger Bands To get a short position: we wait for the Stochastic to be in the Overbought area and wait until the red line breaks the blue line and leaves the Overbought area. When it leaves, we open a short position When to sell? when the price hits the middle or lower line of the Bollinger Bands. Traders, if you liked this idea or have your opinion on it, write in the comments,We will be glad. Thank you for seeing idea . please support us Good luck.
by CobraVanguard
6
Sideways Range ContinuingThis is an interesting market and a market where caution is probably best. Whilst it is pretty clear we have a range and sideways move in play, there are a lot of traps and false moves occurring within it. This means that whilst price may respect a support or resistance, it is making a false break higher or lower first. The other reason caution may be best is because we have signs of momentum to the upside with a bottom pattern on the daily chart, but price is running directly into the major resistance level. It could be best to watch this level for the next price action clue.
TVC:SILVERLong
by TaherJalili