GBPAUD long is moving quick ⏫🙌Trade details for current trade are shown on the chart.
Trade has been live since 6:15 UK time and we are using our POW reversal script.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little blue long arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
Previous trades can be seen on chart also.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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The stats for this pair are shown below too.
Thank you.
Darren
Tradesetup
Omisego Sell a Break setup.OMGUSD - Intraday - We look to Sell a break of 13.698 (stop at 14.211)
Short term bias has turned negative.
As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels.
Prices have reacted from 18.20.
We look for losses to be extended today.
The previous swing low is located at 13.75.
50 4 hour EMA is at 14.10.
Our profit targets will be 12.262 and 11.828
Resistance: 15.000 / 16.000 / 17.00
Support: 13.80 / 13.00 / 12.00
GBPJPY Sell a break setup,GBPJPY - Intraday - We look to Sell a break of 153.66 (stop at 153.91)
We are trading at overbought extremes.
A higher correction is expected.
Expect trading to remain mixed and volatile.
The bias is to break to the downside.
Our profit targets will be 152.92 and 152.72
Resistance: 154.20 / 154.35 / 154.50
Support: 153.90 / 153.70 / 153.00
ETH Sell a break setup.Ethereum - Intraday - We look to Sell at 3338 (stop at 3421)
Although the bulls are in control, the stalling positive momentum indicates a possible turnaround is possible.
3680 continues to hold back the bulls.
Trend line support is located at 3400.
A break of bespoke support at 3400, and the move lower is already underway.
Our profit targets will be 3103 and 3033
Resistance: 3500 / 3600 / 3680
Support: 3400 / 3300 / 3200
GBPJPY Sell a break setup.GBPJPY - Intraday - We look to Sell a break of 152.15 (stop at 152.41)
Bearish divergence can be seen on the 4 hour chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
Posted a Treble Top formation.
A higher correction is expected.
Expect trading to remain mixed and volatile.
The trend of lower highs is located at 152.36.
Offers ample risk/reward to sell at the market.
Our profit targets will be 151.41 and 151.21
Resistance: 152.30 / 152.60 / 152.85
Support: 152.00 / 151.80 / 151.50
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
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
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.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
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.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
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.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
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.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
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.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
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.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX