EURUSD Swing longWe've had a nice long downward move on this pair and I think it's about time for a new leg upward. Start to buy this pair around here. As you can see from pervious lows there's no real rush, it tends to wallow before making a a bigger move. DCA / Grid (Mean reversion) entry approach to this trade.
Swingtrade
Zomato - Swing Long SetupZomato has already broken the entry zone on the 15-minute chart , confirming the entry price at 271 . This setup is valid only for today. Here’s the trade plan:
Entry Price: 271
Target: 320.2
Stop Loss: 240.40 (Stop loss will trigger only if a daily candle closes below this level)
With the entry confirmed at 271 , I’m aiming for a potential move toward 320.2 . The stop loss is set at 240.40 , but will only be triggered if a daily candle closes below this level.
Important: This setup is valid for today only. I'll reassess after today's close for further action.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
PayPal (PYPL): Ready for a pullback after hitting wave (iii)Plan the trade and trade the plan.
That’s exactly what we’ve done with PayPal. In our last update a month ago, we stated: “We are going to take more profits once we are getting into the $81 area,” and now, we’ve done just that as NASDAQ:PYPL has reached the minimum target for Wave (iii) at $81. With the position now up 37%, we see more upside potential, but a pullback here could offer a prime second entry spot.
Several factors are aligning in the chart, reinforcing our conviction for a good re-entry. First, we are seeing a bearish RSI divergence, suggesting a more significant drop than the minor one we've already seen. Ideally, we’d like to see the price dip below the last level before the low-volume node at $76. A low-volume node represents an area of little trading activity, which means the price tends to move quickly through these zones in the future.
As for the entry, two key levels stand out to us. The high of the recent accumulation phase before the last leg up and the low of the same range, which aligns with the level of Wave (i). In theory, this level should not be breached. While we don’t strictly adhere to Elliott Wave theory, we prefer not to see the stock close below this level for an extended period. A wick below or consolidation around this zone would be valid for us. Additionally, the 38.2% Fibonacci retracement level sits in the middle of this accumulation phase, making it our targeted entry for Wave 4. Therefore, the level between $72.78 and $70.62 seems ideal for a re-entry.
Given the upcoming election, it would be safer to play this setup with a wider stop-loss or soft stop-loss (manual stop-loss) to account for potential volatility or sudden price wicks.
At the moment, we haven’t set a limit order but have activated alerts. Once the price dips below $76, we will activate our limit order and get ready for the next leg up. 🔥
WIFUSDT long using proprietary multi-timeframe trend detectionFollowing an initial tap of the liquidity at the last significant high back in July, we've seen a retrace back down to our short term trend (13D EMA).
I like the reaction we've seen there today and am taking an early stab at a long with half size here (because not all of my LTF buy signals have triggered as of yet.
First TP level will be the next logical D1 resistance that'll likely cause a bit of a pullback.
Entry: 2.5579
SL: 2.4914
TP: 3.2127
Short term I'd like to see the H4 close back above the short term trend around 2.70 as this would signal a confirmation of reversal.
ICICI Securities - Swing Long SetupThe 15-minute candle has already broken the entry zone of 838.75 , confirming the entry price at 839.70 . Here's my trade plan moving forward:
Entry Price: 839.70
Stop Loss: 821.90 (Valid only if a daily candle closes below this level)
Target: 872.45
Now that the entry is confirmed, I'm looking for momentum to carry the price towards the target of 872.45 . The stop loss will only trigger if we see a daily candle close below 821.90 . Until then, I’ll hold the position and monitor how it develops.
Disclaimer: This isn’t financial advice—just sharing my thoughts for educational purposes. Manage your risk carefully and trade safe!
JUPUSDT long using proprietary multi-timeframe trend detectionI'm executing this on H4 and D1/D3 time frames as this is a swing that should take 3 to 9 days to play out. I am also taking into account H1 short term trend, which has failed to hold on this second retest of the H4 sort term trend, and thus needs to be reclaimed.
Entry: 0.8576
SL: 0.8356
TP: 1.0976
Upon clearing D1 resistance that lies between 0.95-0.99 and taking out the prior two highs, which failed to break out, I'll move the SL to BE and actively monitor the area. Should the rally fail there I may exit manually.
H4 close above 0.87 would be a fantastic show of strength here.
Here is the htf view I've laid out:
EURGBP Ready for longer term longsThis pair have been moving down for a long time but within the down trend there are up swings and this is what we've been waiting for. Looks like there's finally a fundamental move to hopefully initiate the next upward leg.
If you're conservative then wait and buy on any pullbacks, or if not enter long now and hold.
COLGATE Swing Long SetupI'm watching Colgate for a potential long entry.
Here's the plan:
Entry Zone: 3548.8
Entry Price: Will take the entry only if a 15-minute candle breaks above 3548.8 . The high of that 15-minute candle will be my entry price.
Target: 3716
Stop Loss: 3465 (Stop loss will trigger only if a daily candle closes below this level)
If the entry gets confirmed, I'll aim for the target of 3716 . The stop loss is set at 3465 , but I’ll only exit if the daily close falls below that level. Until then, the setup stays active.
Disclaimer: This is for educational purposes only and not financial advice. Make sure to manage your risk and trade responsibly.
WBA Sing Trade UnderwayWBA seems to have completed the breakout of the Inverse HS bottoming and trend reversal pattern I discussed last week.
If entry point was at close yesterday, gains are 6+%
Take profits as you feel comfortable.
Ultimate target upon completion of pattern yields a price target of approx. 10.50.
If trend reversal is a long term chance of character move, reaching the 200DMA for a gain of 50-85% is not out of the question.
Taking half positions off the table is not a bad idea.
Please watch for details
SCHAEFFLER Swing Trade, Price is taking support from 50 EMASCHAEFFLER is taking support from 50 EMA in Weekly Chart. (For Swing Trade)
We can go for long swing trade only after price going above 3530 with approx. 6% stoploss and 24% Target.
Risk-Reward = 1:4
Plan your quantity/investment accordingly.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
INDIANB Swing Trade WatchlistINDIANB is taking support from 50 EMA in Weekly Chart. (For Swing Trade)
We can go for long swing trade only after price going above 544 with approx. 7% stoploss and 21% Target.
Risk-Reward = 1:3
Plan your quantity/investment accordingly.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future,
Swing Trade Opportunity - LONG WBAWBA has broken a long term downtrend line, creating a potential inverse HS in the process.
This company is due for a bounce at the very least.
Best case for longs is a longer term bottom and reversal being put in that can take us to the 200DMA or above.
See video for details