Trend continuation confirmed with trend line bounce and pull back.
For the long terms, the XAUUSD is in bullish momentum, it seems that the next destination for the price is the resistance zone I marked above, the new fresh demand below seems Like a great continuation level to join the bullish momentum, if the price retrace that demand, I'll buy there and my final target will be 1340.00 zones,
Price is about at a possible reversal point for a swing trade; now looking for a signal and a preferable entry on the 4 hour chart before placing the order.
following the stock as 5 directors purchased hundreds of thousands of stock for the price of 24 cents on sept 21st just as it started to move sideways and broke out of the resistance. It broke out of its strong downward channel, so I'll be monitoring it to see any significant runs. This is also the beginning of a golden cross if im not mistaken.
I see a possible mean reversion pattern ,so current probability of touch at 2775 is 52% and increasing, thats my current trade plan for this week and a 2.01 risk reward ratio possible profits of 87 points and a profit of 4350 bucks per contract. Thanks :_) Give a Like
New Thread continued from previous post: Position currently open with no stop loss. First TP as marked. Stop loss is the system itself calling a close of the current position and opening of a new one. I will update when the system calls a new position, or if the TP is hit. System uses daily candles so will only update on the new daily open.
The SPX500 Index has just broken the last record in the last 2 days. In order to keep going with this bullish momentum, I'll prefer to wait for the price To return to pick some unfiled orders, the demand below seems like a great Continuation of buy position, I'll buy at this demand.
Hello everyone! Been feeling better about ETH lately. It's been finding very strong support/bounces off this ascending purple line. It has been in a large descending wedge and has broken out with this line as support. I expect it to go the length of the wedge height. This would be a 2-3 month swing trade and I would target close to $700 USD or over 50% if entering...
If you were going to attempt to enter something, ADA is the only one of two coin in the top 8 on CoinMarketCap that is in a bullish trend against BTC and the market as a whole. 5/20 MA cross occurred and price has continued to bounce off the 5MA as it climes. VPVR shows we bounced from an area of strong volume interest again. Possible Double-Bottom pattern...
This is my first forecast / first time publishing something here. It's a busy chart, but the explanation is there. If the forecast holds, then this will be a good short opportunity.
MOMO - Strong break out, watching for dip to get in long side
As we can see the S&P500 have 2 critical key levels , The demand below seems like a great continuation level of buy Position for swing trade, if the price will back to this demand i'll Buy there and my target will be the supply above, this supply is Also a great level of sell position for the long-term, my target for this sell Position is 2550.00.
Buy limit @ 130.87 (Daily Pivot/38.2%) Stop @ 130.300 (Below s5 Daily Pivot) TP @ 133.200 (50% Retracement/ key level)
Hello, LSK now in good support! Pick up the price on Entry: 0.00105-0.00108 Sell: 0.00127 0.00134 0.00141 Stop Loss: 0.00099
While all you micro bulls and bears are busy getting chopped around in the 1 minute time frame, let's take a look at the bigger picture. Bitcoin has seen many tumbles, and scary prices lately, but one thing is for sure is that we're closing this month (march) forming a double bottom base. Does this mean we wont see any lower, no. What it means is by this...
The last drop at the S&P500 index has changed the swing and Long-term momentum from bullish to bearish, as it seems the index Is on his way to reach the demand level at the bottom - 2500 zone, If the price will back to check the supply before reaching the demand, It's a great opportunity to sell position at the supply, there are unfilled Orders waiting at...
Those are the next key levels for trade on GBPJPY, we have the supply above as a great level for sell position and the target is the Demand below, the demand below is a great level for buy position to Continue the long-term momentum, and the target is 158.00 zone.