Swingtrader
ACB: More opportunity to add - Swing TradeLast week I mentioned the valid upwards channel in ACB. We saw that ACB bounced off the channel as expected but unfortunately could not break the top of the channel. This week we may see another buy opportunity similar to the last.
What to watch:
- Only enter if candle does not break the 4 hr upwards channel.
- Watch in the lower time frame, 30 mins - 1 hour for confirmation (at least 2 few candles) before entry.
- Be patient for all time high take profit! we will get there soon.
Trade at your own risk.
Could xrp soon reach 0.40 ?As you can see, I have done these kinds of hype predictions about the cryptos, this is because we are nearing a close of long term triangles on every chart. This obviously means we will either see a huge surge or a huge dump.
Regarding the sentiment, I think we could see a little bull run commencing, that does not mean that it will go to the "moon" as the youth would say. But this could be a great trade.
I personally got some limit orders placed on Kraken for XRP at 0.30, 0.3025, 0.298. I am expecting a peek down to these regions before a nice shot up to a previous high.
If you are looking at the chart, zoom out and look at the big picture, this might make more sense to you as why I believe this.
If we see, that there is no test of the support trend line, and we break threw, I would recommend selling your positions for a loss, as we could reach some new lows.
These are the moments where big movement happens
BTC could reach 6000 soon ??Hi,
I rarely share my analysis of other coins, but BTC just seems to good to not share.
So seems like BTC could go on a bull run to 6000 USD.
As It just broke out of a downwards triangle. Either it will just drop to be in the triangle, which would confirm new lows to be seen.
Or it could go on a bull run, which 6000 would be my first target.
I would place stop losses under the trend line. And wait to see how this plays out.
KING KONG SPX: Swing Trade to ATH. - Update from my last analysis of the SPX: The first 10 minutes of market open, we see price gap through the resistance like it was NOTHING. King Kong style, wow.
- Big money wants the market to reach ath before going down so we follow the trend. THE TREND IS YOUR FRIEND.
- Ichimoku cloud showing upside in the weekly and monthly so up, up and away!
- Wait for confirmation on support in the smaller tame frames: 4h-1h.
Trade at your own risk.
GBPJPY forming Divergence Sell based on Stochastic OscillatorBased on trendline analysis, GBPJPY already touched the upper trendlin e and EMA200 in Daily Chart time frame.
Candle stick forming double top and Stochastic oscillator (21,3,3) forming lower high strongly indicate GBPJPY will forming Divergence Sell
Trader can go Short and target TP1 141.275, TP2 135.897
GBPJPYThe pair is currently making a new high at 145.040 the last 2 to 3 days, Testing a key weekly level at 144.700. The monthly still has a bullish bias this type of trade we are looking to take as a retracement. As long as the pair remains under 144.25 possibly look for a retest at this level for more entries.
ABC is at a strong downtrend line resistanceA lot of volume came in on Friday closing as a doji at major resistance. Shorts are most likely hopping on board here. Going down to the 4H you can see there is an ascending triangle.
My plan is to enter above February 7th's high with March $85 calls. Should be a strong momentum move to the upside if volume moves in on a breakout of the downtrend line.
Let's see what she does this week :-).
GBPUSD big sell!!! - SocialTrade24So as you can see GBPUSD is now in a strong hyperactive zone, where the market makers will reverse this trend down. During the Asian session we expect not much movement, the strong reverse will happen during the London session. Market makers will push it further down with the important GBP news at that day. Guaranteed profit, believe us!
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Z1P take profit!In my humble opinion we have entered a parabolic section on Z1P. looking at exiting at $1.535 for a few reason with a pull back to the 61.8% level!
Bump run on the longer term and on the intraday right now which is giving us a good exit signal, including MASSIVE BEAR DIV. on the RSI
All of these signals make it to tantalizing to pass up!
looking at an take profit exit and then a swing down entry for 1 last long!
Stay Vigilant
Good luck & happy trading homies!
DYOR!
SHAK at strong resistance getting ready to breakout?!SHAK One of my favorite setups is to take a stock long at the break of a resistance or break of support to catch the momentum of the move. Earnings are about 2 weeks out too so SHAK may rise into the ER like most stocks do.
MY setup is taking the break of Thursday's candle with March $50 calls. Keeping a tight stop in case it's a failure on the break up.
Target 1 is the 200 day sma and target 2 will be around the $60. Let's see what she does this week!
Once filled will give the trade 3-5 days to see how the momentum is.
As always let price discovery be your guide :-).
SQ coiled ready to pop to $80+ ahead of earningsSQ at a major trendline resistance area from the ATH. People jumped on board short yesterday as you can see the increase in volume and a bearish looking candle.
My plan is take the break of that bearish candle of yesterday with a target of $86 area with March $75 calls stoplimit $5.70 with a stop at $4.50-.60. Not risking more than $250.
As always let price discovery be your guide :-).