TERM
USDCAD - READY FOR PRICE TO EXPLODE!!Looking for price to make a continuation hopefully off the back of some USD strength, as I've covered fundamentals can change things very quick but if you can get a position before anything affects the market you can give yourself the opportunity to catch huge moves! Trade smart and keep on top of your risk management! good luck
DCA for beginnersI made a visual explanation investing mid/long-term with DCA and of how effective DCA is and how to do it based on a weekly chart, no matter how much money you got, you can adapt to your capital
Understand that this is an example amongst many other and you are not obligated to follow this strategy, it's just to guide if you're new to DCA. It's not a financial advice.
also, it's important to understand the market cycles, and know when it's a bullrun, a bear market and an accumulation & expansion phase
US500 - Two Possible Scenarios!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
US500 is overall bearish trading inside the brown falling broadening wedge, however, it is now sitting around a support zone 3550 - 3600 so we will be looking for short-term buy setups on lower timeframes.
If the 3550 - 3600 is broken downward, then the next support would become 3300 - 3400 in blue.
3300 - 3400 is the strongest support on this chart as it is the intersecting with the lower brown trendlines. (acting as non-horizontal support)
As per my trading style:
Since US500 is around the green support, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
and if the green zone is broken downward, I will be looking for buy setups around the blue zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
HDFC, FIBONNACI RETRACEMENT!!HDFC is currently, very undervalued. no doubt to buy this stock in every dips.
FIBONACCI, in its 0.618 area, great time to buy, on Friday, it has given about 2.25% rise(so now its great time to buy).
same uploaded for HDFC BANK also(check the link section).
Near Buy Setup Model Pair : Near/USDT (Binance, FTX,Kucoin)
Direction : LONG
---------------------
Position Size: 5-10%
Leverage :1-3x
Trade Type : Standard Trade
---------------------
Near is lying on strong daily support and bearish momentum shows weak in price movement, Mid term move started for this VIP beast ,which has gained short term momentum and is getting ready to reach our mid term targets.
----------------------
ENTRY:2.93-3.55
(OTE:3.26)
Targets: 3.65$-3.80$-4$-4.35$-4.80$
Stop Loss:2.52
Risk: Medium
-----------------------
Yours Truly,
Trader Needs
10.2.2022