EXPE - 14.97% Potential Profit - Ascending TriangleAscending Triangle formed into an Uptrend Corridor and new support confirmed multiple times on the 5-min chart on 25th Aug.
About the entry, you have two options. Chasing the price entering with a Buy Stop order or waiting for a better entry with a Buy Limit. It comes down to your appetite for risk and current trade situation - I will most likely go ahead with a safer Limit order.
Note that the success of this trade highly depends on COVID19-related news, and to AZN's vaccine development.
Target price set at resistance line bounce.
- Historical Uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $96.86 (Stop) or $95.72 (Limit)
Suggested Stop Loss $92.42
Target price $111.36
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.
Swingtradesetup
SHAK - 28.45% Profit Potential - Bullish PennantBullish Pennant formed out of a price correction that interrupted a 5-month uptrend. Positive COVID vaccine news will act in our favor.
Target price set at corridor resistance line bounce (May and Jun points).
Note that I have set a very tight stop loss (right below today's VWAP) because I have a few trades going on. However, given the upside, you might want to consider giving the Stop Loss a bit more breathing.
- Strong Uptrend
- RSI and STOCH well above 50
- MACD well above Signal
Suggested Entry $59.16
Suggested Stop Loss $57.65
Target price $76.36
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.
SNAP - 18.81% Potential Profit - Descending TriangleThis will most likely be a short-term play.
Descending Triangle formed after a 4-month rally. Resistance confirmed multiple times yesterday on the 5-min chart.
We have two targets, set at a new potential support line.
- 1-Month Downtrend
- RSI and STOCH below 50
- MACD below Signal
Suggested Entry $20.69
Suggested Stop Loss $21.25
Target price $19.61 + $16.55
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.
BABA - 15.21% Potential Profit - Corridor BreakoutClear uptrend Support with a Corridor Breakout forming.
Note that we might miss the entry as the price moved to $273.10 pre-market (as we speak) and we are placing a Limit Buy order, rather than chasing momentum.
Target price set at a new potential resistance line.
- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal.
Suggested Entry $267.80 (Limit)
Suggested Stop Loss $261.70
Target price $310.48
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.
V - 11.08% Potential Profit - Corridor BreakoutCorridor Breakout out of a 2-month correction, support confirmed multiple times on the 5 min.
Target price set at a new potential resistance line.
- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal
Suggested Entry $203.08 (Limit) or $205.71 (Stop)
Suggested Stop Loss $199.27
Target price $227.91
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.
STOR - 13.42% Potential Profit - Ascending TriangleAscending Triangle formed into an Uptrend Corridor and new support confirmed multiple times in the past 3 days. For allocation purposes, be mindful that support has been broken on the 20-21th Aug. At the same time, I don't believe this being a reason not to take this trade.
Target price set at resistance line bounce.
- Historical Uptrend
- RSI and STOCH well above 50
- MACD below Signal
Suggested Entry $26.23
Suggested Stop Loss $25.61
Target price $29.75
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.
MCHP - 16.08% Potential Profit - Corridor BreakoutCorridor Breakout out of a 3-month price correction. Moderate possibility to hit the uptrend resistance line.
Target price set at resistance line bounce.
- 3-Month Uptrend before correction
- RSI and STOCH well above 50
- MACD well above Signal
Suggested Entry $110.44
Suggested Stop Loss $106.77
Target price $128.15
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.
TWLO - 16.92% Potential Profit - Uptrend CorridorUptrend Corridor bounce with target price set at resistance bounce.
- Strong Uptrend
- RSI above / STOCH about to cross 50
- MACD above Signal
Suggested Entry $254.57
Suggested Stop Loss $245.26
Target price $297.63
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.
GOOGL - 7.17% Profit Potential - Ascending TriangleAscending Triangle and new support confirmed multiple times in the past 3 days.
Target price set at new historical resistance line bounce.
- Historical Uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $1592.45
Suggested Stop Loss $1560.3
Target price $1710.71
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.
NOW - 8.90% Potential Profit - Bullish PennantUptrend Support with a Bullish Pennant forming within an uptrend corridor.
Target price set at Resistance bounce.
- 5-month uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $443.09
Suggested Stop Loss $435.17
Target price $482.50
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.
NVDA - 7.01% Potential Profit - Breakout + Bull FlagBe careful, this is an earning play. I don't usually trade on earning days, however, I have good reasons to believe that NVDA's call will be positive today. This, however, doesn't necessarily predict a good outcome. Be careful.
Bull flag formed, past a corridor breakout.
Target price set at new Resistance bounce.
- Strong Uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $492.07
Suggested Stop Loss $475.24
Target price $527.19
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.
TECK - 8.06% Potential Profit - Corridor BreakoutCorridor breakout. New support confirmed multiple times yesterday.
Target price set at new Resistance bounce.
- 5-month uptrend with a 2-month correction
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $12.01
Suggested Stop Loss $11.72
Target price $12.85
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.
DKNG - 17.55% Potential Profit - Bullish PennantBullish Pennant formed out of a correction following a strong uptrend.
Target price set at new potential Resistance bounce.
- Historical Uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $37.37
Suggested Stop Loss $36.16
Target price $43.61
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.
LULU - 8.49% Potential Profit - Ascending TriangleClear uptrend Support with an Ascending Triangle formed within.
Target price set at a new potential resistance line.
I suggest entering with a Buy Limit order. If limit is not triggered, I wouldn't chase the run.
- Historical uptrend
- RSI + Stoch well above 50
- MACD above Signal.
Suggested Entry $332.94
Suggested Stop Loss $326.66
Target price $361.20
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.
AAP - 6.79% Potential Profit - Ascending TriangleClear uptrend Support with an Ascending Triangle formed within.
Target price set at a new potential resistance line.
New support confirmed multiple times on the 5-min chart.
- 5-month uptrend
- RSI + Stoch well above 50
- MACD below Signal (!)
Suggested Entry $155.33
Suggested Stop Loss $152.88
Target price $165.88
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.
NZD/USD BUY SIGNALHey tradomaniacs,
welcome to a free trade-setup.
Buy-Limit: 0,66870
Stop-Loss: 0,66600
Take-Profit: 0,67395
Stop-Loss: 27 pips
Risk: 0,5% - 1%
Risk-Reward: 1,90
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Are We In Process of Forming Inverse Head and Shoulders?This looks to be in the process of forming an inverse head and shoulders pattern. So will trade with the move over time. I actually want it to go bullish, but we need a strong confirm for that to happen. So let's what happens. I also have to update my map. That's why you don't see the zones just yet.
BULL TPS:
• 1.69934
• 1.71040
• 1.71708
BEAR TPS:
These are based on where the arrows are.
• 1.71234
• 1.70286
These are below the weekly level
• 1.68816
• 1.67831
• 1.67196
EURJPY Swing LongWith the possibility of creating, at least, an equal high on the weekly time frame, this pair presents a good swing trade opportunity. On the daily time frame, the pair is on a re-test of an important structure level. If the pair rejects this support level, then there is a high probability of the pair rallying from support. Additionally, an inverted H&S is forming on the 4hr time frame of this pair, which serves as good confluence for a long on pair.
A more ballsy target would be the 127.2% fib extension of the weekly retracement.
AUD/CHF SELL SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a confirmation.
Market Sell-Order: 0,62625
Stop-Loss: 0,63525
Target 1: 0,61670
Target 2: 0,60830
Target 3: 0,60150
Stop-Loss: 90 pips
Risk: 1% -2%
Risk-Reward: 2,84
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
EUR/GBP LONG SIGNALHey tradomaniacs,
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Market Buy: 0,87470
Stop-Loss: 0,86650
Target 1: 0,88560
Target 2: 0,89740
Target 3: 0,90720
Stop-Loss: 82 pips
Risk: 1%
Risk-Reward: 4,02
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
USD/ZAR: Swingtrade-Opportunity#SELLHey tradomaniacs,
welcome to another free signal!
How to trade: Wait for the break below the Demand-Zone before you sell.
-----------------------------
Type: Swingtrade
Sell: 15,08427
Stop-Loss: 15,30250
Target 1: 14,89865
Target 2: 14,63025
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)