MATIC/USDT - Targets and StoplossHello everyone, let's take a look at the 4H MATIC to USDT chart as you can see the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.8357
T2 - $ 0.8504
T3 - $ 0.8622
T4 - $ 0.8751
and
T5 - $ 0.8922
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.8081
SL2 - $ 0.7976
SL3 - $ 0.7785
SL4 - $ 0.7626
and
SL5 - $ 0.7504
Looking at the CHOP indicator, we can see that there is a lot of energy in the 4H range, and the MACD indicator shows a local downward trend.
Stoploss
DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's take a look at the 4H DOT to USDT chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 6.21
T2 = $ 6.36
and
T3 = $ 6.54
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 6
SL2 = $ 5.99
SL3 = $ 5.91
and
SL4 = $ 5.81
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows a local downward trend.
DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's take a look at the 4 hour DOT to USDT chart as you can see the price is moving just above the downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 6.21
T2 = $ 6.36
and
T3 = $ 6.54
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 6.13
SL2 = $ 6.05
SL3 = $ 6.98
and
SL4 = $ 5.90
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H range, while the MACD indicator shows a local upward trend.
Sticking to stop loss is a must to do when ((BUYING the DIP))Opening a position without setting a stop loss is a big mistake and it can be disastrous when buying the dip !
Here, we show a tempting setup to open a long position in rectangle (1) . It is of course OK to go long in this setup in the hope of catching possible up coming up going wave shown in green. But without setting a stop loss? Not at all ! Followings are just two simple possible scenario which may happen:
Rectangle (2) shows a scenario which may happen if lucky. Although it will bring us profit, believe me it bothers all the traders a lot emotionally. Lots of hopes and fears which makes us nervous. This not only ruin our current trade but also has a powerful negative impact on our next trades.
Rectangle (3) shows a terrifying scenario which can whip out all our capital ! Please keep it in mind that " Preserving capital is a first rule of trading ". If you think this is an unrealistic scenario just take a look at ETSY, SHOP, SQ and ROKU.
Be aware my friends : what we consider a possible abc form of correction can just be waves 1,2 and 3 of a larger degree wave 1 or A . This concept is shown on the rectangle (3) scenario. It is worth to note what is labeled as wave 1 or A in this rectangle is not end of down side move .There will be another at least same size down side move after a wave 2 or B counter trend correction. See the charts carefully to find out what is next after waves 1 or A.
There are 4 major rules in trading :
1. preserving the capital
2. preserving the capital
3. preserving the capital and if successful then:
4. making profit.
Hope to be helpful and good luck.
LUNAUSD - Targets and Stoploss 4HHello everyone, let's take a look at the 4H LUNAUSD chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 2.88
T2 = $ 3.02
T3 = $ 3.13
T4 = $ 3.25
and
T5 = $ 3.41
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 2.65
SL2 = $ 2.57
SL3 = $ 2.52
SL4 = $ 2.46
and
SL5 = $ 2.38
Looking at the CHOP indicator, we can see that in the 4H range the energy has been used, while the MACD indicator shows a local upward trend.
Sell GBP/USDWe have a repulsion from the previous price peak.The signal needs to be monitored because we can close it earlier before it reaches the profit
XRP - USDT on 4H interval Targets and StoplossHello everyone, let's take a look at the 4H XRP to USDT chart as you can see the price is moving below the uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.4933
T2 = $ 0.5035
T3 = $ 0.5116
T4 = $ 0.5199
and
T5 = $ 0.5316
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.4843
SL2 = $ 0.4732
SL3 = $ 0.4648
SL4 = $ 0.4561
and
SL5 = $ 0.4433
Looking at the CHOP indicator, we can see that in the 4H range we have very little energy, and the MACD indicator shows a local downward trend.
Daily review of ETH interval 4HHello everyone, let's take a look at the 4H ETH to USDT chart as you can see the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,294
T2 - $ 1,302
T3 - $ 1,324
and
T4 - $ 1,359
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1282
SL2 - $ 1271
SL3 - $ 1263
SL4 - $ 1,255
and
SL5 - $ 1,243
Looking at the CHOP indicator, we can see that in the 4H range we have very little energy, while the MACD indicator shows a local downward trend.
Daily review of ETH interval 4HHello everyone, let's take a look at the 4H eth to USDT chart as you can see the price is moving in the local downtrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,329
T2 - $ 1,337
T3 - $ 1,346
T4 - $ 1,357
and
T5 - $ 1,371
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,308
SL2 - $ 1296
SL3 - $ 1,286
SL4 - $ 1278
and
SL5 - $ 1264
Looking at the CHOP indicator, we can see that in the 4H range the energy has been used, while the MACD indicator shows that the blue line is close to the red line crossing from below, which could confirm the upward trend change.
DOGE / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's take a look at the 4H DOGE to USDT chart as you can see the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.06224
T2 = $ 0.06287
T3 = $ 0.06338
T4 = $ 0.06386
and
T5 = $ 0.06457
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.06138
SL2 = $ 0.06058
SL3 = $ 0.05992
SL4 = $ 0.05924
and
SL5 = $ 0.05827
Looking at the CHOP indicator, we can see that in the 4H range we have very little energy, while the MACD indicator shows a local downward trend.
XRP - USDT on 1H interval shortHello everyone, let's take a look at the 1H XRP to USDT chart as you can see the price is moving in the marked triangle in yellow.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.4973
T2 = $ 0.5080
T3 = $ 0.5151
T4 = $ 0.5239
and
T5 = $ 0.5352
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.4909
SL2 = $ 0.4875
SL3 = $ 0.4849
SL4 = $ 0.4818
and
SL5 = $ 0.4774
Looking at the CHOP indicator, we can see that in the 1H range we have a lot of energy, while the MACD indicator shows that for intervale 1H we are in a downward trend.
MATIC/USDT - Targets and StoplossHello everyone, let's take a look at the 4H MATIC to USDT chart as you can see the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.8372
T2 - $ 0.8436
T3 - $ 0.8481
T4 - $ 0.8526
and
T5 - $ 0.8594
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.8295
SL2 - $ 0.8215
SL3 - $ 0.8215
SL4 - $ 0.8175
and
SL5 - $ 0.8120
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H range, while the MACD indicator shows a local downward trend.
XRP - USDT on 4H interval Targets and StoplossHello everyone, let's take a look at the 4H XRP to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 0.4973
T2 = $ 0.5080
T3 = $ 0.5151
T4 = $ 0.5239
and
T5 = $ 0.5352
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 0.4909
SL2 = $ 0.4875
SL3 = $ 0.4849
SL4 = $ 0.4818
and
SL5 = $ 0.4774
Looking at the CHOP indicator, we can see that we have a lot of energy in the 4H range, while the MACD indicator shows a local downward trend.
ADA/USDT TARGETS AND STOPLOSS 4HHello everyone, let's take a look at the 4H ADA to USDT chart as you can see the price is moving below the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.4247
T2 - $ 0.4266
T3 - $ 0.4282
T4 - $ 0.4299
and
T5 - $ 0.4322
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.4221
SL2 - $ 0.4203
SL3 - $ 0.4185
SL4 - $ 0.4158
and
SL5 - $ 0.4125
Looking at the CHOP indicator, we can see that in the 4H range we have a lot of energy, while the MACD indicator shows a local downward trend.
SOL - USDT 1daycahrt, targets and stoplossHello everyone, let's take a look at the 1D SOL to USDT chart as you can see that the price is close to leaving the yellow triangle in which it is currently moving.
Let's start by setting goals for the near future that we can consider:
T1 - $ 33.77
T2 - $ 34.39
T3 - $ 35.04
T4 - $ 35.94
and
T5 - $ 37.14
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 31.35
SL2 - $ 31.04
SL3 - $ 30.79
SL4 - $ 30.54
and
SL5 - $ 30.19
Looking at the CHOP indicator, we can see that in the 1D range we have a lot of energy, and the MACD indicator shows a local upward trend.
Daily review of ETH interval 1DHello everyone, let's take a look at the 1D ETH to USDT chart as you can see the price is moving p in the downtrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 1,372
T2 - $ 1,386
T3 - $ 1,404
T4 - $ 1,427
and
T5 - $ 1,491
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 1,351
SL2 - $ 1,327
SL3 - $ 1,309
SL4 - $ 1292
and
SL5 - $ 1268
Looking at the CHOP indicator, we can see that in the 1D range we have a lot of energy, and the MACD indicator shows a local upward trend.
BNB / USDT 4HCHART TARGETS AND STOPLOSSHello everyone, let's take a look at the 4H BNB to USDT chart as you can see the price is moving in the local uptrend channel.
Let's start by setting goals for the near future that we can consider:
T1 - $ 289
T2 - $ 323
T3 - $ 355
T4 - $ 401
and
T5 - $ 460
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 279
SL2 - $ 261
SL3 - $ 243
SL4 - $ 217
and
SL5 - $ 184
Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local downward trend.
DOT / USDT 4H CHART - Targets and Stoploss!Hello everyone, let's take a look at the 4H DOT to USDT chart as you can see that the price is moving in the channel marked by the yellow lines and that we are at the upper end of that channel.
Let's start by setting goals for the near future that we can consider:
T1 = $ 6.46
T2 = $ 6.76
T3 = $ 7.01
T4 = $ 7.26
and
T5 = $ 7.60
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 6.38
SL2 = $ 6.28
SL3 = $ 6.14
and
SL4 = $ 5.96
Looking at the CHOP indicator, we can see that in the 4H range we still have a lot of energy for movement, and the MACD indicator shows a local upward trend.
BNB / USDT 1D INTERVAL, STOPLOSS AND TARGETSHello everyone, let's take a look at the 1D BNB to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 289
T2 - $ 323
T3 - $ 355
T4 - $ 401
and
T5 - $ 460
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 279
SL2 - $ 261
SL3 - $ 243
SL4 - $ 217
and
SL5 - $ 184
Looking at the CHOP indicator, we can see that in the 1D range we have a lot of energy and the MACD indicator shows an upward trend.
Where to place your stop loss-a close above theThe big question in every trader mind, where to place my STP loss. most common trading strategy calls to place the stop loss above a SZ (Supply zone) or Below a DZ (Demand Zone), right that seems easy but its not. ask any trader & he will recount stories of price violating the SZ, & the stop loss is triggered the loss is carried (hopefully small) only to have the price reverse fortune.
This is exactly what occurred in this short trade on NYSE:GM (General Motors); on the left hand side we have the long-term chart (W) & on the right hand side we have the trade chart(D).
The Long-term chart is clearly in downtrend. the price came into the Lower High of the (W) downtrend. a short was opened @39.20 with a stop loss above the LH of the (W) downtrend slightly above @41.00 many odds are in the favour of taking this trade.
What is interesting, on the right hand side, (D) chart, the price violated the LH supply zone & closed above the supply zone (The red circle) ; my trade plan calls to close a trade after a candle stick
* Violates a Supply zone by 10%
* candle stick closes above the SZ
Both conditions were met here, yet I did not close the trade & waited for a confirmation. yes i violated my own trade plan. Trading is fluid & my trade plan is ever changing. I closed the short today @32 mark. No permanent was made to my trade plan. but I took note of a price violating the SZ by over 10% & closing above the SZ but still the SZ held & the Short worked out.
LUNAUSDT - 4H Interval - Targets and StoplossHello everyone, let's take a look at the 4H LUNA to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 = $ 2.62
T2 = $ 2.69
T3 = $ 2.78
T4 = $ 2.91
and
T5 = $ 3.26
Now let's move on to the stop loss in case of further market declines:
SL1 = $ 2.45
SL2 = $ 2.34
SL3 = $ 2.19
and
SL4 = $ 1.99
Looking at the CHOP indicator, we can see that in the 4H range the energy slowly starts to rise, while the MACD indicator shows a local upward trend.
UNIUSDT 1D Interval- Targets and StoplossHello everyone, let's take a look at the 1D UNI to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 6.65
T2 - $ 6.88
T3 - $ 7.08
T4 - $ 7.28
and
T5 - $ 7.56
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 6.35
SL2 - $ 6.08
SL3 - $ 5.86
SL4 - $ 5.64
and
SL5 - $ 5.33
Looking at the CHOP indicator, we can see that in the 1D range we have recovered a lot of energy and the MACD indicator shows a local upward trend.
MATICUSDT - SHORT 1H - TARGETS and STOPLOSS Hello everyone, let's take a look at the 1H MATIC to USDT chart as you can see the price is moving above the local uptrend line.
Let's start by setting goals for the near future that we can consider:
T1 - $ 0.7832
T2 - $ 0.7871
T3 - $ 0.7906
T4 - $ 0.7942
and
T5 - $ 0.7991
Now let's move on to the stop loss in case of further market declines:
SL1 - $ 0.7806
SL2 - $ 0.7790
SL3 - $ 0.7776
SL4 - $ 0.7757
and
SL5 - $ 0.7737
Looking at the CHOP indicator, we can see that in the 1H range we still have a lot of energy, while the MACD indicator shows the local upward trend.
