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Trandlines

My success with GMA +500% by TA.At the end of August 2020, I saw that the GME price touched its historical low (the lower red horizontal line). At the same time, the "Diamond" reversal model was formed. The breakout of the" Diamond " up on 31/Aug/2020 confirmed the reversal from the downtrend to the uptrend. Next, I used the old-school tactic of "Measured movement" according to D. Schwager - according to which each new wave of growth is equal to or slightly greater than the previous one. And each new wave of falling is equal to or slightly less than the previous one. And this "Measured Movement" clearly bounced off the support line of the new trend (the purple line). This allowed me to surf both long and short until mid-January 2021. Then the growth became threatening, I closed GME and took a profit of about +500%.
NYSE:GMEEducation
by Dr_Chester
8
BTC-4h. We expect the culmination of a local fall.Hello! The local picture shows the passivity of buyers. The global trend line test should activate them to update the historical high with a minimum target of $20,500. So far, sellers are too easy to put pressure on the price and their dominance is not felt. __ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
BITFINEX:BTCUSD
by P_S_trade
5
GBP/JPYHi everyone . This is the first analysis that I present to you dear friends. Over the past few months, one of the most volatile and currency pairs has been the British pound against the Japanese yen. In the future, we will see the beginning of the fall of the pound. Now, if the price can break the support area and close a 4-hour candle below it, after resetting it, we will enter the deal in 1 hour or 30 minute timeframe. The last point is the Ichimoku cloud, below which the price closes OANDA:GBPJPY .
Short
by majesty72
2
Chance for a USDSGD longI see a quite significant weakening of this momentary downtrend on USDSGD, as the indicator shows us, reason for which I believe a long entry could be seen in the next weeks. I'd like to split this trade into two: a medium term one and a long term one. The first one has a 4.00 Risk/Reward ratio which is not bad to me, instead the second one has a more than 3 ratio because I decided to go for a wide stop loss for the great opportunity this pair can give us. Btw that's up to you, if you want to have a safer stop loss in case it doesn't go as planned or if you want/can risk a lil bit more. Let me know what you think with a comment below and a like. Thank you!
Long
by fx_clips