Although FB seems to have broken out a bit over the past year or so, I still think it's a decent investment for a swing trade. However, in my opinion, it seems a little more shaky in the long term, as younger users start to abandon it, the share price may fall as well. I'm not really a value trader, I'm mostly looking at the trends, and it seems like it...
My thoughts on this are pretty simple. It's a strong, growing company that's pulled back with the market, and will rebound as it always has.
Waiting for a good entry on NVDA to buy in. I expect there'll be a little more pullback. Hopefully will make a nice swing back up, seems like this recent drop was largely due to the general market.
Today's pullback is a good opportunity to buy in. I believe over the next few months it'll swing back into the 50's. I also updated what my stop limit is at. With their financials looking so good, I expect long interest to rise leading into the coming earnings report, which will be around 2/28.
breakout Retest happened on lower time frames. Monthly sitting on 0.618 Trend lines broken Short to the downside to the next point
DAILY CHART * SHS in Daily Chart (check) * Pullback (check) * Waiting for rejection of the price ** Looking for short positions
GBPUSD Near Term - and Medium Term swing set-up Maybe about to get stopped out of the Sterling short trade here for a 10 pip loss (stop at 1.337) If so, it's a small loss at least - but need to cover the implications from here, if struck ... Sterling would then be likely to rally further by about 90 pips to 1.3475 - but intend to close down any near term longs...
Waiting for retraction before entry into this short at the downward trendline. Entry @ 0.4980$ Target @ 0.051$ Stop @ 0.5765$ Risk/Reward: 2.43
Nice setup for long position. Price may go down to 1.6880 for re-test support before taking off north.
Waiting for range to be broken. More sell can happen.
I am interested in entering a swing trade (long) on SPWR. What I would like it to do now that it has broke out above $9.37, is to at some point retest the $9.37 level and bounce before I enter a position.
2 trades can be taken on this pair as price trickles down to the support level/zone. 1st. (conservative) enter the trade from the daily light blue lines risking 95 pips to make the risk/reward being 1:5 which is great for a passive wealth created trade. 2nd. (aggressive) let price action can enter into the dark blues lines risking 30 pips to make the same amount...
There are a ton of people buying AUDNZD right now. I'm not convinced it's time for the reversal juuust yet. I have a small buy limit sitting at 1.03900. That's the Fibonacci extension point from the original drop, a trendline point on the weekly chart, and a strong supply zone.
Keep in mind that the sentiment of the higher time frames is still bearish, and this potential trade is only for a short period to lock in a few profits. The 3 criteria used for this trade are: 1. Break in downtrend. 2. Inverse Head and shoulders pattern 3. CCI (50) above 100. The setup: Buy to enter at 1.0905 Stop loss at 1.6885 target 1 at 1.1065 target 2...
There is a bullish cypher pattern on USDCAD H1 timeframe with D completion at 1.30300. Entry: 78.6% retracement of XC (1.30320) Stop: Below X (1.29700) Target 1: 38.2% retracement of CD (1.30980) Target 2: 61.8% retracement of CD (1.31400)
Uptrend confirmed by fib levels. Entry @1.3200 level 3 possible profits 1.33093 1.32852 1.32531 Stop loss @ 1.32165
It is a good opportunity to place a Short order under the last Daily Candle. Entry Stop and Target can you see on Chart.