DE40 Buy a break setup.GER40 - Intraday - We look to Buy a break of 15471 (stop at 15414)
Expect trading to remain mixed and volatile.
There is no clear indication that the upward move is coming to an end.
The trend of lower highs is located at 15650.
We look for a temporary move higher.
Our profit targets will be 15638 and 15658
Resistance: 15450 / 15500 / 15550
Support: 15400 / 15350 / 15300
Tradesetup
GBPJPY Sell a break setup,GBPJPY - Intraday - We look to Sell a break of 150.79 (stop at 151.04)
Short term bias has turned negative.
Pivot support is at 150.83.
The previous swing low is located at 150.81.
A break of bespoke support at 150.80, and the move lower is already underway.
We look for losses to be extended today.
Our profit targets will be 150.10 and 150.00
Resistance: 151.50 / 151.90 / 152.30
Support: 151.00 / 150.80 / 150.50
Pairs trade with FXI and EEM**Spread Trade***
An opportunity to initiate a pairs trade by buying FXI and selling EEM. Spread between both etfs grew substantially (over two sigma), spread should start narrowing make sure you execute trade using ratio of both prices.
For instance, you could go long fxi 26 units and short EEM 20 units (capital 2000usd)
Chart symbol of spread —> input the following in the symbol box: FXI - EEM
Dollar - Long Opportunity - 21Price break the trendline and re-test 61.8% which is also structure.
Long wi sl & tp
USDJPY - ABCD PATTERN SHORT OPPORTUNITY Price touch the structure 2nd time, if it hold, short sl & tp
TRADE SETUP : Bank of Baroda TRADE SETUP
After a double bottom breakout stock moved sideways and On Sept 29th stock retook from its 100-DMA with higher volume. RSI, MACD and ADX suggest positive strength in this counter.
BUY ZONE
81.00 - 82.50
STOP LOSS
Stop-loss is currently set at 76.50.
GOAL / Target : 1st 85.15 ( Short Term ) for Long Term ( 100 )
Our aim is to take ~16%
EARNINGS DUE DATE
Nov 26, 2021 Estimated
ALGO/USDT ACCUMULATION!Hello my beauties.
ALGO/USDT is in a phase of reaccumulation. We are now waiting for the markup, and it will probably lead the prices around the 3 area.
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Peace.
Luca, TrickleDownFX
EURGBP : Trade setupLiquidity taken out from weekly high, breaker formation. Hoping to run it into weekly lows.
GOOGLE REACCUMULATION!Hello my beauties.
I think Google is completing a phase of reaccumulation, and it might jump above the trading range soon. The arrows do not indicate exact price action, and the trade setup needs to be verified through accurate observation of the developing event in the price action.
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Peace.
Luca, TrickleDownFX
REACCUMULATION ON NETFLIX!Hello my beauties.
It seems that Netflix has entered and completed a reaccumulation phase. This is normally deduced from the higher highs the price creates. Its tendency to rise throughout the range without providing a SOW (sign of weakness) indicates strong interest in buying the dips.
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Peace.
Luca, TrickleDownFX
FB POSSIBLE ACCUMULATION DISTRIBUTION, PRICE STUNNED SIDEWAYS!Hello my beauties.
It seems like FB has just entered a range. It gave us a PSY (the price hesitated strongly in preparation for a new phase) and it is probably going to fall down to support before giving us further information. It is hard to establish what will happen next as it is too early to make out whether we are in a bullish scenario or bearish, but I thought it could be a nice opportunity for those of you who like trading ranges.
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Peace.
Luca, TrickleDownFX
TWO SCENARIOS FOR HP ACCUMULATION OR DISTRIBUTION?Hello my beauties.
I think HP might be accumulating. The range is clearly defined, but we need to understand whether this was a spring or a sign of weakness. Regardless, we will wait for the price to react to the top of the range by whether breaking it and retesting it successfully, or by breaking out and quickly recovering beneath the red line.
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Peace.
Luca, TrickleDownFX
APPLE DISTRIBUTION SCHEMATICS!Hello my beauties.
Apple is in a distibution phase, right before the markdown. I will wait on a successful retest of the trading range, and sell. The arrow doesn't indicate the actual price target, rather an idea of the direction of the upcoming trend.
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Peace.
Luca, TrickleDownFX
POSSIBLE USOIL 1HR DISTRIBUTION!Hello my beauties.
I think UsOil is showing signs of distribution on a 1hr timeframe.
This would align with the bias that a completion of the bearish broadening wedge is to happen soon. I will sell on successful retest of the red trading range.
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Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
GBPAUD - ABCD PATTERN SHORT OPPORTUNITY The structure form ABCD pattern, wait for price to pull back to structure, short with sl & tp
ETHUSD - Short Opportunity -21Price re-test the horizontal line the 3 times, If it fails to break up,
Short with aim sl and tp
GBPJPY Sell a break setup,GBPJPY - Intraday - We look to Sell a break of 151.89 (stop at 152.18)
We are trading at overbought extremes.
Bearish divergence is expected to cap gains.
Daily signals are mildly bearish.
A higher correction is expected.
50 4hour EMA is at 151.15.
Previous support located at 151.10.
Our profit targets will be 151.11 and 150.91
Resistance: 152.65 / 152.85 / 153.00
Support: 151.90 / 151.50 / 151.10
GER40 Buy a break setup.GER40 - Intraday - We look to Buy a break of 15702 (stop at 15657)
A break of yesterdays high would confirm bullish momentum.
A break of bespoke resistance at 15700, and the move higher is already underway.
Expect trading to remain mixed and volatile.
Our short term bias remains positive.
Our profit targets will be 15827 and 15847
Resistance: 15650 / 15700 / 15750
Support: 15600 / 15550 / 15500
