swing trade ideaIt looking good in upcoming days for swing trade from long time at weekly timeframe gives breakout and makin triangle pattern at daily time frame.
volume is looking good make entry above 53 for good return at short term #swingtrade
Swingradesetup
Key Level Trade SetupThis is a really good key level trade setup. We are sitting on the strongest level on the chart: the monthly.
Since there is a bearish engulfing that formed on the weekly. Pretty sure we're going to go up this week to retest it around the 1.52359 area to retest before continuing down.
BULL TPS:
• 1.50871
• 1.51494
• 1.51918
• 1.52278
BEAR TPS:
• 1.50533
• 1.49638
• 1.48699
• 1.47279
HPQ - 11.66% Potential Profit - Ascending TriangleUptrend Support with an Ascending Triangle forming within an uptrend corridor.
Target price set at the 4th confirmation of the resistance line.
- 4-month uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $18.84
Suggested Stop Loss $18.28
Target price $21.04
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
