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CADJPY , SHORT Resault: 600 pips✅As you can see in the chart, due to the weakness in the decline and the reaction to the support level , I expect an upward correction first, and then I will update the analysis if there is a reaction to the resistance level . Stay with me to get more analysis after following me by sharing with friends and leaving a comment. According to my risk and capital management system, the risk of each trade is one percent per position. What do you think about this analysis and other analyses? What symbol would you like me to analyze for you?
by Hamiratrading
1
Possible Candle Formation Will Determine Trend DirectionThis looks like an incomplete inverted head, neck, and shoulder forming on the 4hr after the strong bullish move the later half of last week. We did pass a weekly level, so a pullback is likely, but may not hold for very long. If we breakthrough both the weekly 1.55481 and daily level 1.53147 areas, we'll continue on the downtrend seeking to reach a new low. Let's see how this plays out. BULL TPs: • 1.55140 • 1.55357 • 1.55772 • Stretch TP: 1.57114 BEAR TPs: • 1.54481 • 1.53962 • 1.53488 • 1.53147 • Stretch TP: 1.52359
by NikaJourney
$OSS - low risk/reward - Swing Idea$OSS swing idea 1. Recent Earnings 2. Retraced to all time low (Multiple bottom) 3. Upcoming Conference 6/4/19 Market is weak so small caps and all other sector is bearish. So I'm looking for low risk entry with tight stop loss. Idea: 1. Enter within the Orange and Red Line OR HOD break of Friday's candle - Scale out 5-8% (target is the green line) but will scale out at any opportunity. Rinse and repeat the play if it falls back to support zone. 2. Honor your Stop loss if it goes below RED line (5c or 7c - depends on where you have entered) 3. Low volume so manage your size/shares. OR.. You can wait for confirmation when buyers start to step in on a weekly chart. With the market being so weak, I'm taking smaller position and taking profits faster. Keep adding to support and move stops up accordingly. Remember! HONOR your STOP LOSS & Plan your trade for small caps.
NASDAQ:OSS
by work1411