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🎯 Tactical Trade Proposal for Fiverr: Trade AlertThis trade idea for Fiverr is a short-term play based on technical analysis, with caution advised due to potential volatility and uncertain directional movement. The analysis does not rely on fundamental factors but rather on technical indicators. Entry: 20.68 The entry point is determined by the Fair Value Gap (FVG) and supported by demand zones (SMC). This entry presents the optimal scenario when the FVG is above the demand zone. Stop Loss (SL): 19.86 (-0.50% from demand zone) To manage risk, a stop loss is set at 0.50% below the demand zone, offering protection in case the trade moves against expectations. Take Profit (TP): 22.37 The take profit level is set at 22.37 to capitalize on potential upward momentum. Beyond this level, there are indications of bearish momentum, hence offering a suitable exit point. Note: If the price approaches within 0.10% of the target and shows signs of further decline, consider closing the position prematurely to secure gains or minimize losses. Remember, this is a short-term trade idea, and it's essential to monitor the price action closely and adjust strategies accordingly. As always, manage risk diligently and consider your risk tolerance before executing any trades. Write in the comments how you find this idea!!!
NYSE:FVRRLong
by smarttrader012
5
Following the Plan, The Winner EURUSDIn the beginning of the year, before I start trading, I conduct my review and research and analysis (R/A) on what I am going to trade. For the EURUSD, this is what I put down on December 31, 2022, 12:33est EUR: the ECB is looking to raise rates to fight off double digit inflation. They might have to raise rates quicker than they are thinking to fight inflation. There is also the Russia/Ukraine issue that is going on, with the EU looking to cap Russian Oil. Price is pushing higher, which I think will be able to hit 1.10 at least. Eventually I think price will push lower as the economy stagnates and a possibly recession is induced. I am thinking of getting in this pair, but I am going to wait until price pushes to 1.10 and then decide from there. If the FED diverges with the ECB, the same might happen like in 2015, where price starts pushing higher as the FED starts to wind down rate hikes and possibly reduce rates, which the ECB pushes rates higher. I am thinking that possibly at the end of the year price might be around 1.15, but that is dependent on what happens with the EU economy. On March 04, 2023, 09:34est, this is what I had jotted down: EUR: the 1.10 lvl and the 1.05 lvls are prices that are catching my eye. If price is able to crack the 1.10 and hold above it, price is likely to continue higher. Price might be able to do this if the ECB remains hawkish and the FED starts becoming more reserved in their rate hikes. The ECB is going to raise rates by 0.50% this upcoming rate decision and three other times. If the ECB becomes increasingly hawkish, price will be able to gain a lot of momentum higher. If the 1.10 lvl is broken, price might be able to hit 1.12, but I am not too sure about 1.15. The reason being is the Euro Area economy is hanging on. Almost everything is declining, inflation is high, and the ECB has to know it is in a tough spot. On March 26, 2023, 11:16est: EUR: the ECB is hawkish and is will to raise rates further. But with the banking issues and their economy tethering on the brink of a great recession like style as the US, I am not sure if they are going to eventually pull bank. If the data in the US mints higher, then it will be interesting to see where price on there goes. Traders and investors always want to move too safe havens, so if the data does mint higher, it is likely that price will push lower. I am thinking that the EUR might be able to hit the 1.10 lvl, which will likely become a strong resistance. I stopped trading for a while due to training and other things that came up. But in July 28, 2023, 23:42, I conducted a rollup and on the EUR/USD I typed up: EUR: getting into a short position and holding might be the best bet. The Euro Zone compared to the US economy, is one sided, with the US economy winning considerably. GDP is at 0% (QoQ), unemployment at 6.5%, wages is growing though, inflation at 5.5%, balance sheet is shrinking which means banks and businesses and so on are losing capital and having to rein things in, interest rate is at 4.25%, industrial and manufacturing is negative and condensing, retail sales is showing that people are not spending, and housing is pushing lower. The Euro Zone economy has stagnated and seems to be going through what the US went through in the 70’s. So this might come to fruition and price might be able to hit the support at 1.06 and possibly parity. If there is a goal to dethrone the USD, it might take awhile if the other currencies aren’t able to prop themselves up. So.......... what I see is that the EURUSD is moving how I've been speculating and following through with what I've been thinking. With the FED thinking about pausing on rates but keeping interest rates at current lvls for a while and the ECB looking to pause on rates hikes while inflation is still high, this could be enough of a mixture to push the EURUSD lower. The 1.10 lvl is causing a lot of issues for price to push lower, but I think overall, price may have enough momentum to push to the 1.08. I have a short position on this pair to see if I am correct or not. If price does move against me and does push higher, I'll get into a hedge and see about reducing risk. Do you own due diligence. This is the way I trade and my own R/A for education purposes. Trading has a lot of risk, so protect yourselves and trade your own way. Have some great trading out there.
by DollarSaenz
After a 300% Run Mind has Retested and Gearing for More!First caught my attention by the scanner 🔎 *Symbol*: `MIND/USDT` 📈 *Signal*: `Long` 💲 *Current Price*: `0.005523` 🛑 *Stop-Loss*: `0.0029251700000000004` 💰 *Market Cap*: `0` 🚪 *Entry Prices*: 📥 Entry Price 1: `0.00422966` 📥 Entry Price 2: `0.00476767` 📥 Entry Price 3: `0.0052025000000000005` 📥 Entry Price 4: `0.005637329999999999` 🏁 *Exit Prices*: 📤 Exit Price 1: `0.00845267` 📤 Exit Price 2: `0.00932233` 📤 Exit Price 3: `0.01073` 📤 Exit Price 4: `0.01213767` i realized this coin doesn't have an extensively long history, in fact it's very brief. But Recently We had a 300% Run. After that we Retested heading all the way down close to where a stop loss would be considerable at the bottom Fib Channel. On the other hand after a 300% a Correction is not only expected it's required. Here are the the multiple reasons we'll Consider MIND a Continuation We Have a Huge Breakout and the Swing Low Following Stayed above .213 Fib on Extension Shortly After the Moving Average Providing Support Moved up through the Fib Channel it was Wicking toward during Correction When ADX bottomed and turned around, the MACD Failed to break the signal line and signaled a buy now showing Strength
Long
by Tracking_Technicals
something technicalsDISCLAIMER NO BUMS allowed, if you don't like making money and consistently downvote radical ideas and thinking because you are bitter and haven't made money for the past 12 months, then stop following me and LEAVE. This is a strictly NO-BUMS allowed post.... The previous week's NFP data session exhibited significant volatility, offering opportunities for both bears and bulls. However, amidst the fluctuations, the price action formed a distinctive heartbeat pattern. These patterns are more prevalent than commonly perceived, and by carefully examining various time frames, you can identify them. I particularly appreciate this pattern due to its vast profit potential. However, success in capitalizing on it depends on having a clear understanding of the market dynamics and all movements will be data driven. It should be considered as a consolidation point as market participants decide on the next direction. On Monday we the CPI, equally as important but I don't think it will be as volatile. What will be important will be the fed speakers, all scheduled to speak on Tuesday, Wednesday, and Thursday! Now lets zoom out to a monthly TF, again we are printing the same heart beat pattern. Still one of my favorite to accumulate a lot of money very quickly, but only if you know what you are doing!
Long
by Macro-Traders-Strategies
GBPUSD SELLSo here we have price forming lower highs and respecting our MA's. I don't usually rely this much on my MA's but since price has repeatedly rejected on the 30 min TF during the London session, theres indication buyers don't have enough liquidity in the market, and with US news coming out shortly and giving the economic month we had in December last month, the dollar could increase due to consumer spending. I'm price to retest my entry level for more confirmation in a bearish trend. Hopefully my SL isn't too tight lol. Please leave some feedback!
Short
by BandmanB3
V EARNINGS CHART - BIG SUPPORT COMINGV has a really steep downtrend that is literally about to close out, probably tomorrow. The movement from like 230-226 is pretty bullish. Price targets and trends are marked. Careful around that 242 mark, and look for possible support to coming back in around 236-238, which can easily take us up to that final rejection point. With the trends and movement heading into earnings, it's hard to say that we should favor the bearish movement. IF we open super positive and run-up, I'd just wait to buy.
NYSE:VLong
by nicktussing77
LONGTERM BIASEDDid not use any of indicators or any. Just wanted to know your thoughts on my longterm thinking about GU. If I am counting DXY weakening (FED possible decrease of Interest rates, now or later.. even if they leave them on same levels, USD loosing on value) plus England getting better on longterm. We can see possible rise in upcoming months and years. Let me know with your opinions or correct me. I will gladly change my mind if I am wrong. Do NOT forget this is D TF. Trade wisely and wish you only greens! J
Long
by jake1fx
GROV - IF you want a "Squeeze candidate" try this one. There is some serious potential here on this stock. After such a big drop, those short positions are going to close, which will end up springing the price upwards. There is potential for a big short term run-up on this stock. Price targets are marked. Relevant trends are marked. This trade won't be for those not okay with massive risk!! The lowest price target I currently see is marked in red. Imo, this price target will ultimately spring the price higher in the end, and you can probably buy that dip with some confidence in some kind of bullish price action to come and cover losses. Ultimately, we could very well see a situation like this play out. This line won't be very accurate overall, please follow the actual chart and indicators, however, this movement projects to be quick, but it's hard to tell. If the trends are projected accurately, it times the crash to mid-late Jan, and it times the run-up into starting next week. If I was trading, I'd pay close attention to that 3.83 mark, with potential to keep going up to like 5.8 or so..
NYSE:GROVLong
by nicktussing77
2
USDCAD POTTENTIAL SETUPS FOR THE WEEK.1. Identify the Current Trend: Begin by assessing the current trend of the USDCAD pair. Is it in an uptrend or a downtrend? Trends can be identified by drawing trend lines or using technical indicators as observed our current trend is shifting to the bearish setups 2. Spot the Change of Character: To anticipate a potential change in character, you should look for signs of exhaustion or reversal in the existing trend. When we have Brocken the lower high of the previous run 3. Wait for Deeper Retest: After identifying potential signs of a change in character, it's important to be patient and wait for confirmation. This often involves waiting for a deeper retest of key support or resistance levels. A deeper retest means that price retraces further into the prior trend, offering a clearer confirmation signal. 4. Confirmation of New Trend: To confirm the change of trend, look for the following: Breakout: Once the retest is complete, watch for a breakout above a significant resistance level (if anticipating a reversal from a downtrend). The breakout should ideally be accompanied by increased trading volume. 5 Higher Highs and Higher Lows: Observe if the price starts forming higher highs and higher lows. This pattern is characteristic of an uptrend and indicates a potential change in character. 6. Monitoring and Adaptation: Keep a close eye on the market once you've entered a trade. Continuously monitor price action and adjust your strategy as needed based on emerging developments.
Short
by DIGITALASSETSINC
1
GM TA - General Motors going downhey guys whats up its amir So General Motors, what exactly do we have here: - Beautiful bearish flag just got broke down - I want you to notice to the RMACD we had last week a bull trigger and got rejected and now were closing a bearish trigger, and exactly the same happened in the drop last time (vertical lines) its a sign that the bears are stronger than the bulls. - Watch at the volume indicator, for about two years you can see clearly who have control on the stock look at all the red bars, clearly the bears are in charge here. - Good risk reward ratio 1:3 its fine. defintely work for me. *not financial advisor*
NYSE:GMShort
by amirhemo
Pidilite - Cup & Handle Formation PIDILITE IND LTD (JULY23 - CMP RS 2662.80) Cup Pattern #Phase1 - saw a sharp down move from Dec22 to Jan23 #Phase2 - Formed a slow base between Jan23 to Apr23 #Phase3 - From May23 - Jun23 it steadily moved up When you add up the 3 phases - the Cup Pattern is visible in the Price Action. Handle Pattern #Phase4 - Between Jun23 and Jul23 the Price of Pidilite underwent the next small phase of correction Phase#5 the Stock price saw a gradual upmove. When you look at the full move of #Phase4 and #Phase5 - it resembles the Handle of the Cup The Cup & Handle is a bullish continuation pattern which means that it is usually indicative of a future increase in price once the pattern is complete. Willing Buyers take exposure after the formation of the Handle is complete and push the Price upwards. If the Pattern is successful, the Price can be expected to rally towards the life time highs of Rs 2918.95 implying a potential 9.6% up-move from the CMP of Rs 2662.80 as on July 21, 2023. The Price appreciation could play out over the next 3-4 months.
NSE:PIDILITINDLong
by kinisooraj
USDJPY bullish week = more upsideDay 47/100 Contrary to popular forecasts, my current USDJPY outlook is leaning to the upside Fundamental Catalysts: - Fed rate hikes - BoJ policy updates Bullish base-case: - Fed remains hawkish using tight jobs markets as reason to continue on "hawkish" path - BoJ will remain dovish // not as hawkish as expected If base-case is wrong, only then I'll be considering further downside Technicals - This week rejecting 138 key pivot area - If it closes bullish this week, more upside is to come; a push back into 145 🥂
Long
by rob_WRLD_
2
$TSLA Down on Over-SpeculationNASDAQ:TSLA reported earnings after market close yesterday. Pro traders took profits before the close as the run became technically overextended. It gapped down today, but not on the extreme volume we'd expect from the usual HFT activity around earnings. Profit and Operating margins are decreasing quarter over quarter, but revenues and net income are increasing. This is not so much an onslaught of sellers but profit-taking along with a lack of buyers at this price range. As occurs often for this high-profile yet important EV company, the stock is over-speculated and needs to pattern out the excess. It could test the next support levels, but ultimately it's likely to head sideways as it challenges the resistance from Aug-Oct of last year...barring any surprises from Musk ;) Dark Pool Buy Zones are in the bottom formation. The question is: will those buy zones be moved up or not?
NASDAQ:TSLA
by MarthaStokesCMT-TechniTrader
1
NETSOL - initial target of 10% upside After witnessing a rapid recovery in IT stocks worldwide, especially on the NASDAQ, it seems that a similar trend may be expected in Pakistan's IT sector in the near future. The IT sector is poised to be a significant beneficiary of the current economic environment, with the government likely to provide further tax rebates. Given this outlook, I hold a bullish stance on the IT sector and have identified NETSOL and TRG as top picks. Currently, NETSOL is trading at $80. I have set an initial target of 10% upside, and once this target is achieved, we can review and discuss the next set of targets. Please note that the above analysis represents my personal opinion as a financial analyst. It is important to conduct further research and analysis before making any investment decisions.
PSX:NETSOLLong
by meerabdullah
1