Swingtrade
"ABBOTINDIA " ,Swing trading setup"ABBOTINDIA " is currently standing at the support zone if we pull back from here, we definitely interested in a long trade.
why support zone,
when we get conjunction of high volume profile, previous support, and resistance, and the average price of some important event.
Setup = Conjuction of (volume profile + Privioue support + Avarage price)
AUDNZD: Important Structure Breakout 🇦🇺🇳🇿
Important thing happened this night on AUDNZD pair:
the price broke and closed above a wide daily supply area.
The broken structure turned into a support now.
The next goal for buyers is the narrow area around 1.128 level.
It is based on a key monthly structure and 5 years' high.
I will be patiently waiting for an occasional retest of the broken structure to buy AUDNZD.
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AUDUSD - Equal Measured Move 🎯AUDUSD has recently broke down out of an ABC correction. We are now in the impulse phase, which is made up of 5 waves. We've seen wave 1 and now currently in wave 2. Expecting the a big wave 3 very soon.
Trade Idea:
- Watch for rejection of fib levels for a risk entry
- For a safer entry, watch for the break of the red ascending trendline
Targets: 0.67 (310pips), 0.63 (700pips)
Goodluck and as always, trade safe!
$EXPE Swing trade idea - Risk OnNASDAQ:EXPE
This is a simple TA and swing trade that could be placed with options or shares to the upside. Hoping the have Expedia retake some lost ground in from recent gap down. Risk is that there is also a small gap below as well that the stock found itself in but hit resistance. With travel booming this seem like a good play but tomorrow's meeting in Jackson Hole may weigh heavily on this trade. Enjoy!
EURCAD: Important Breakout 🇪🇺🇨🇦
EURCAD broke and closed below a key daily structure support.
The broken structure turned into a strong supply area now.
Taking into consideration that the pair is trading in a long-term bearish trend,
that breakout may trigger a bearish trend continuation.
Next support - 1.282
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USDCHF Swing sellMy oh my! Look how 4H Supply is almost getting tapped into. Currently, iot is grabbing up orders for shorts from all retail "liquidity" traders who are targeting those previous wicks as entries. This should blast through all their stops and tap into Supply, which will activate all institutional orders and send this chart falling off a cliff.
NZDCAD: Bearish Outlook 🇳🇿🇨🇦
NZDCAD is trading in a global bearish trend.
Setting a new low in July, the market started a correctional movement within a bearish flag pattern.
The price finally broke its support on Friday and closed below that.
I assume that the pair may drop to a current low soon.
Goal - 0.795
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Please, support my work with like, thank you!❤️
TTITechnical only :
Adding to my watch list in order to get a direction from the market.
There is a positive and a negative scenario.
Positive scenario - W pattern - Our first entry will be above 4.20 and our second entry will be above 4.50 with potential target of 5.75$.
The negative scenario - Below 3.76$ we will jump in to short position and even increase my holding if we will break the important 3.55$ level.
Our potential target will be 2.7 and than 2.35.
DYOR 🙊🍒
Manage your own risks
money flowing into biotech sectorxbi is displaying strength on the daily as far as qqe and sss strategies are concerned. if we stay above pivot im targeting upper horizontals as rising 4hr triangle could bull pennant, and if we fall beneath that pivot resisting from rising 4hr triangle i would target lower horizontals.
this vaccine trade popped in february 2021, can it recover some?all gas no breaks with a full tank and a full trunk. this covid vaccine stock enjoyed a huge runup to the release of the vaccine, but since has languished on the monthly as it lost over 90% of the price high. im not looking towards this as a long term investment, but im buying the rumor that nvax is announcing new trials or a variant innoculation or at least some catalyst and selling the news of that catalyst as well as the release of the vaccine/start of trial. if we stay above pivot, im aiming for upper horizontals and if we fall beneath it im looking for the lower horizontals. im not looking for a huge long on this thing, just maybe some monthly snap back and a move to close gap.
$LUCE - Beaten down reversal play with +50% to +100% upsideTechnical Analysis (TA)
On the weekly chart the momentum indicators are oversold. There are early signs over of a potential reversal.
On the daily chart the price is flat and there is a small wedge formed. We need price break above 115 and then we could potentially see LUCE reach 145 and 170.
Price Target
Entry: 115
Target 1: 145 (+26%)
Target 2: 170 (+48%)