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Amazon Is replacing The Amazon *LongAmazon prints a fresh ATH and making HL , Trading within a Nice channel that has been respected since July 2020.....3 time we have rejected a breakout opportunity which was anticipated . I see Amazon breaking ATH over the course of the coming months when earnings are announced 29 April ...approximately 77 days time .... Amazon has smashed the past 3 estimates obviously due to the Virus and Lockdowns etc and i anticipate that Amazon does it again in the coming few months ....for entry i have Highlighted the orange box which should act as a strong support and a nice entry .
NASDAQ:AMZNLong
by SJTRADESFUTURES
USDCAD Critical Pointin this instrument we are having 2 scenarios 1. Long which we can target our bearish's wave Fibonacci retracement levels as we can see there exist a bullish divergence between price and MACD (Green), we have a resistance zone too, which we can have some consolidation or a sharp break trough... 2. Short scenario is also very much possible as we are in a bearish channel so we can have the same trend continued up to our previous support levels or we can have both first short to the support and then long up to the Ultimate long TP please let us know how do you think it may happen???
by BitonGroup
FAST - 5.14% Potential Profit - Ascending Triangle BreakoutAscending Triangle formed after a 3-month correction. Multiple new support confirmation over the past 4 days. I am fairly optimistic on this trade, as I particularly like the chart and the risk/reward ratio. This means that I will allocate more capital than usual. We have a target price, however, I wouldn't be surprised if it would go above that. - Target Entry $50.53 - Target Stop Loss $49.93 - Target Exit $53.00 About me - P/L Oct-Dec Trading Suspended | September +49.18% | August +232.32% | No Trades without Analysis - 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
NASDAQ:FASTLong
by maschera
3
HOLX - 18.87% Potential Profit - Bullish PennantBullish Pennant formed after a 9-month run. Multiple new support confirmation over the past few days. I am being quite conservative with the Stop Loss. You can place it to $76.59 if your appetite for risk is higher. - Target Entry $80.50 - Target Stop Loss $79.22 - Target Exit $94.00 About me - P/L September +49.18% | August: +232.32% | No Trades without Analysis - 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
NASDAQ:HOLXLong
by maschera
ETH Potential Trade Setups 2020/12/21Daily ETH Potential Trade Setups There are two potential trade setups that could develop and we can wait patiently to see if either setup gives us a good trade entry Scenario 1: False Breakdown at Horizontal Support In this first scenario, we are waiting for price to hit the horizontal support @621. We will be looking for price to close below 621 and then quickly recover above 621, creating a bear trap and a false breakdown setup. As confirmation, we want to see above average volume, especially for the candle that closes back above 621. We will also want to see MACD histogram bottoming out for us to open a long position.Should price crash below 621, be careful that markets might correct further downward and best to stay on the sidelines until markets stabilize. Scenario 2: False Breakout at Horizontal Resistance The second trade setup that we are waiting for is for price to go up to the horizontal resistance at 676 and for a false breakout setup. This setup is characterized by price making a higher high than 676, ideally closing beyond 676 and then followed by price closing below 676, ideally in the candle following the close above 676. As confirmation, we want to see above average volume, especially for the candle closing back below 676. We will also want to see MACD histogram topping out for us to open a short position. Please follow for daily trading levels and potential trade setups on Bitcoin and Ethereum .
by cryptotraderog
6
BTC Potential Trade Setups 2020/12/21Daily BTC Potential Trade Setups Bitcoin has been trading in a range for quite some time. While there is a possibility of Bitcoin breaking out of this range and therefore making a powerful move, in this post I will be highlighting two potential trade setups should Bitcoin stay range-bound. Scenario 1: Bounce off of Dynamic 200MAs Support In this first scenario, we are waiting for price to hit the dynamic support found at the 200MAs @ 23500. We will be looking for bullish candlestick pattern and higher than average volume, as well as MACD histogram bottoming for confirmation before opening up a long position. Should price crash below 23500, be careful that markets might correct further downward and best to stay on the sidelines until markets stabilize. Scenario 2: False breakout of All-time-high and breakdown The second trade setup that we are waiting for is for price to go up to the ATH of 24300 and for a false breakout setup. This setup is characterized by price making a higher high than 24300, ideally closing beyond 24300 and then followed by price closing below 24300, ideally in the candle following the close above 24300. As confirmation, we want to see above average volume, especially for volume on the breakdown candle (the candle that closes down below 24300) to be above average. We will also want to see MACD histogram topping out for us to open a short position. Scenario #3: Breakout While not the 2 main setups highlighted on this chart, should price break 24300 with force, we can also wait for price to retrace back down to 24300 to open a long position, with volume, MACD histogram, and candlestick pattern confirmation. Please follow for daily trading levels and potential trade setups on Bitcoin and Ethereum.
by cryptotraderog
1
YUM - 4.02% Potential Profit - Ascending TriangleAscending triangle formed after a 5-month correction. Multiple new support confirmation over the past few days. There is a potential to aim March's high and target a $105 price mark. However, not before we break past our original target exit below. Despite profit potential might not seem appealing, I still feel that the risk/reward ratio is acceptable. Needless to say that the price will highly be influenced by vaccine-related news, given YUM's industry. - Target Entry $98.79 - Target Stop Loss $97.67 - Target Exit $102.90 About me - P/L September +49.18% | August: +232.32% | No Trades without Analysis - 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
NYSE:YUMLong
by maschera
BG - 11.42% Potential Profit - Bullish PennantBullish Pennant breaking out after a 7-month uptrend. Trying to capture the breakout right out of the gate and eventually lock profits well before the target, which I believe to be the best strategy given the period. I am being very selective lately and I only trade when I see very limited risk, with potentially great rewards. This is why I like this setup. There is no clear technical target, this is why I will adjust stop-losses daily (and intraday) based on how the market behaves. - Target Entry $50.59 - Target Stop Loss $50.04 - Target Exit $56.63 About me - P/L September +49.18% | August: +232.32% | No Trades without Analysis - 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
NYSE:BGLong
by maschera
TSLA - 12.06% Potential Profit - Bullish PennantShort-term Bullish Pennant following a 1-month correction interrupting a massive bull run. Multiple new support confirmation in the past few days. I am being very selective lately and I only trade when I see very limited risk, with potentially great rewards. This is why I like this setup. There is no clear technical target, this is why I will adjust stop-losses daily (and intraday) based on how the market behaves. - Target Entry $442.04 - Target Stop Loss $436.02 - Target Exit $495.31 About me - P/L September +49.18% | August: +232.32% | No Trades without Analysis - 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
NASDAQ:TSLALong
by maschera
3
BILL - 28.92% Potential Profit - Bullish PennantBullish Pennant breaking out after a 7-month characterized by a long correction. Quite a speculative trade, however, I believe that the upsides might be great if momentum doesn't cease. Trying to capture the breakout right out of the gate and eventually lock profits well before the target, which I believe to be the best strategy given the period. I am being very selective lately and I only trade when I see very limited risk, with potentially great rewards. This is why I like this setup. There is no clear technical target, this is why I will adjust stop-losses daily (and intraday) based on how the market behaves. - Target Entry $114.25 - Target Stop Loss $110.84 - Target Exit $147.97 About me - P/L September +49.18% | August: +232.32% | No Trades without Analysis - 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
NYSE:BILLLong
by maschera
EQR - 4.37% Potential Profit - Descending TriangleDescending Triangle just broke out, aiming at ATL. Lack of resistance confirmation means that we are chasing the price. However, my Stop/Loss is very tight and we are protected in case of an unexpected bounce. This is also due to the unpredictability of the market these days. - Target Entry $51.92 - Target Stop Loss $52.48 - Target Exit $49.60 About me - P/L September +33.74% | August: +232.32% | Historical Win Ratio 70.59% | No Trades without Analysis - 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
NYSE:EQRShort
by maschera
1
DBX - 8.60% Potential Profit - Support BreakoutCorridor breakout past a 5-month correction. Price has been down-trending since May, including during the August's Nasdaq rally. Disappointing earnings created a short momentum. Lack of resistance confirmation means that we are chasing the price. However, my Stop/Loss is very tight and we are protected in case of an unexpected bounce. This is also due to the unpredictability of the market these days. I would wait a few minutes into the trading session before entering an order and potentially slightly change my entry/stop based on it. - Target Entry $19.25 - Target Stop Loss $19.50 - Target Exit $17.34 About me - P/L September +33.74% | August: +232.32% | Historical Win Ratio 70.59% | No Trades without Analysis - 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
NASDAQ:DBXShort
by maschera
SHAK - 10.08% Potential Profit - Ascending TriangleAscending Triangle breaking out after a 6-month uptrend. Aggressive buyer presence in the past month. I will try to make the most of the recent drop and play the bounce. However, this is a highly-sensitive pandemic stock, therefore I will allocate 35% less capital than usual. - Target Entry $65.20 (Buy Limit) or $66.50 (Buy Stop) - Target Stop Loss $64.57 - Target Exit $72.50 About me - P/L September +33.74% | August: +232.32% | Historical Win Ratio 70.59% | No Trades without Analysis - 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
NYSE:SHAKLong
by maschera
4
MO - 7.02% Potential Profit - Ascending TriangleFor those who know me, you might have realized by now that I don't usually go long when the RSI and STOCH are below 50 and MACD below Signal. I will make an exception here, however I will approach this trade carefully and allocate less than usual. This week we need to play conservative and take home whatever we can. Targets are moderate and realistic, and I aim to close positions fast, often before the end of the day. Allocate less than usual capital if you would like an extra layer of safety. The market is uncertain and we want to keep our risk to the minimum. Ascending Triangle broken out after a 6-month correction and confirmed multiple times over the past month, with occasional violations. - 6-month Uptrend - RSI + Stoch below 50 (!) - MACD below Signal (!) Suggested Entry $43.30 Suggested Stop Loss $42.83 Target price $46.36 About me - August P/L: +203.83% | Wins 85.19% | No Trades without Analysis - 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.
NYSE:MOLong
by maschera
INTU - 7.09% Potential Profit - Ascending TriangleAscending Triangle broken out after a 6-month modest bull run. - Target Entry $319.01 - Target Stop Loss $313.83 - Target Exit $339.72 About me - August P/L: +203.83% | Wins 85.19% | No Trades without Analysis - 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.
NASDAQ:INTULong
by maschera
FB - 16.90% Potential Profit - Uptrend Corridor BounceUptrend Corridor characterized by large volatility and a strong support line. Support manage to hold up quite well even during the recent meltdown. - Target Entry $266.76 - Target Stop Loss $262.48 - Target Exit $311.59 About me - August P/L: +203.83% | Wins 85.19% | No Trades without Analysis - 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.
NASDAQ:METALong
by maschera
1
MO - 4.86% Potential Profit - Ascending TriangleAscending Triangle broken out after a 6-month modest bull run. Multiple support confirmation on the 5-min chart. Support manage to hold up quite well even during the recent meltdown. - Target Entry $43.09 - Target Stop Loss $42.62 - Target Exit $45.02 About me - August P/L: +203.83% | Wins 85.19% | No Trades without Analysis - 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.
NYSE:MOLong
by maschera
MDT - 5.27% Potential Profit - Corridor BreakoutKeeping the Stop Loss at circa -1% in order to preserve capital. All trades have an elevated degree of risk this week. The market can turn anytime. This doesn't mean that we need to stop trading. Corridor broken out after a 3-month correction followed by a promising 3-month bull-run. Indicators are obviously not on our side, since we are playing the bounce. - 3-month Uptrend - RSI + Stoch below 50 (!) - MACD below Signal (!) Target Entry $104.90 Target Stop Loss $103.80 Target Exit $110.41 About me - August P/L: +203.83% | Wins 85.19% | No Trades without Analysis - 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.
NYSE:MDTLong
by maschera
2
CROX - 5.65% Potential Profit - Ascending TriangleAscending Triangle broken out after a 6-month bull run. Some concerns regarding yesterday's 3% drop, or perhaps an opportunity. Hence my priority will be entering the Buy Limit price, although a Buy Stop will ensure I capture a potential run in case the price never pulls back. - Target Entry $42.28 (Limit) or $42.73 (Stop) - Target Stop Loss $41.67 - Target Exit $44.95 About me - P/L September +33.74% | August: +203.83% | Historical Win Ratio 75.00% | No Trades without Analysis - 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
NASDAQ:CROXLong
by maschera
1