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GNC @ 4 Oct 2021Text me if you have any questions/comments for me. ----- GNC - First time doing a written analysis on GNC - Stock is currently trading at a resistance that was formed during the height of last year’s pandemic crash (purple dotted line) - Since then, the stock has had more sideways consolidation interspersed with uptrends that last for a few weeks - Stock is bounding around the short-term support and a successful rebound from here will provide an opportunity for entry - A successful rebound is around 6.60 levels - R is less than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry or waiting for a successful breakout of strong resistance
ASX:GNC
by Jerm88
BST @ 4 OCT 2021Text me if you have any questions/comments for me. ----- BST - First time doing a written analysis on BST - Stock re-started trading in late July - Since then, has had a 50% increase with nice uptrends - A nice test of the short-term average and a successful rebound will present a good entry opportunity - Stock volume is roughly less than 100k -> Illiquid stocks could mean that the stock may have sudden strong movements - Price action over the last 2 months shows quite healthy price volatility - A successful rebound close to 3.45 levels would represent a successful rebound - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest waiting for a successful rebound before plotting entry
B
by Jerm88
ABB @ 4 Oct 2021Text me if you have any questions/comments for me. ----- ABB - First time doing a written analysis on ABB - In last night’s FB livestream, I suggested a breakout entry if believe the stock was capable of forming new all-time highs - Today, the stock created a new ATH but quickly retraced to form a bearish pin bar - Historically, the stock has had periods of uptrends interrupted by long periods of sideways consolidation - Stock is currently trading a resistance zone (blue highlighted zone) - A breakout entry would mean entering at a price that is far from the short-term support - Due to today’s bearish pin bar with above average volume, the entry for setup is on the risky side - R is more than 10% - Strategy-to-buy (DYOR) – Suggest waiting for a better setup for entry
ASX:ABB
by Jerm88
SUL @ 10 Sep 2021SUL - First time doing a written analysis on SUL - Has history of multiple uptrends but also multiple downtrends - Strong resistance zone at 13.50-14.00 levels - Stock has been forming LHs and Lower Lows (LLs) since August - Any break of 11.60 support could see the stock test the 10.80 support levels - R is borderline 10% - Strategy-to-buy (DYOR) – Suggest waiting for successful breakout of counter-trendline if comfortable with the overhead resistance zone at 13.50-14.00 levels
ASX:SUL
by Jerm88
Waiting Game ETCUSD: Bullish long term scenarioHello traders and investors! Another Waiting Game Long Term scenario. This time is all about Etherum Classic ETC (and not the more "researched" and "traded" Etherum ETH). if we consider January 29 2021, the end of a long WXY correction (double zigzag, regular flat, irregular flat) and the resume of the main trend in 5 waves (minor degree red), I can only be bullish and consider the current correction a deep Primary Wave 2. Using the Pitchfork from the origin, Primary 1 ended at the Pitchfork Middle Line. A deep Primary 2, completion of Minor wave Y, would correspond a Fibonacci Cluster next to the Pitchfork bottom line. By using the traditional 1.618 Fibonacci extensions to target Primary Wave 3, I bearly believe my eyes... will ETC reach $2591? Let's see what will happen.... No rush to buy the dip
COINBASE:ETCUSDLong
by Dry-Storm
4
Waiting Game: Bullish long term scenario after consolidationHello traders and investors! After March 2020 low (13/03/2020), which I consider Primary Wave 2, BTC rallied for 397 days (until April 14 2021) with a net gain of 1582%. Assuming that this was Primary Wave 3, we are now in one of the many forms of corrections. I guess that the real questions are: What kind of correction? How long will this correction take? What kind of correction? If we consider W2 as a simple and deep ABC correction, based on the EW guideline, I expect Primary Wave 3 corrected by either a complex WXY or a Triange ABCDE, and in both cases a shallow sideway correction: Fibonacci 23.6% and 38.2% How long will this correction take? If Wave 4 will take the same amount of time as Wave 2, I see it done by the end of the year 2021, which corresponds to the bottom line of the pitchfork around 22k If Wave 4 will take more time (1.618 or even 2 times Wave 2), we need to wait until June / September 2022. Let's see what will happen.... No rush to buy the dip
COINBASE:BTCUSDLong
by Dry-Storm
EURUSD. What should we do next?Hello everyone!! This is my new analysis on EURUSD pair. Last week EURUSD made a very strong bullish move and now price closed Friday at an important level. Here are my scenarios for this week. I had highlighted my support at 1.07800 and resistance at 1.11300. Further I will look to buy if price will break 1.10000 again and make a Higher High. On the other hand only if the price will go under 1.09000 I will start looking for SHORT positions. Hope my analysis help you to Take Profits from market. Thanks for reading and if you like my work don`t forget to hit the Like button or leave a comment. Have a good week!
by PutUrHandsUp
BUY: BNB/USD## OUR APPROACH: - 100% Systematic Trend Following Trading - Trading Long and Short Signals with a medium-term time frame to capture +50% price moves - Always protect your position with a stop loss (initial stop loss turns into trailing stop loss) - Always know your risk before entering any position ## TRADING LONG SIGNALS: - Go long as the price closes above the "orange" solid Channel Line - The "purple" dotted line always shows your current stop loss (it is trailing) - Ride the trend as the price moves up - Exit the position only if the price closes below the trailing stop loss ##TRADING SHORT SIGNALS: - Go short as the price closes below the "orange" solid Channel Line - The "purple" dotted line always shows your current stop loss (it is trailing) - Ride the trend as the price moves down - Exit the position only if the price closes above the trailing stop loss ##WANT TO APPLY THIS SYSTEM TO YOUR TRADING? -> Reach out to us via the message function on Tradingview to get access to this Pine Script on Tradingview ## OUR TRADING SETUP (Hit the links below to sign up for the services we love!) -> Data and Charts by Tradingview: tradingview.go2cloud.org -> Trading on Binance: www.binance.com -> Trading on Bitfinex: www.bitfinex.com ## OUR FAVORITE BOOKS -> Trend Following Trading – How to make a fortune in Bull, Bear and Black Swan Markets amzn.to -> Trend Commandments – Trading for Exceptional Returns amzn.to -> The Rule – How I beat the odds in the markets and in life – And how you can too amzn.to -> Market Wizards – Interviews with Top Traders amzn.to
Long
by TrendTradingProfits
Palladium Halts After Previous Big MoveThere is no surprise that Palladium has currently found weakness after hitting a round number following a strong surge in price. With every big move, we can expect to see exhaustion in the market before a continuation in the trend. Price first made contact with the $2,500 round number on January 17th and has since pulled back. The recent pattern of breakouts and trends may be over if price declines further but for now the uptrend is still intact. When price pulls back, we always want to look for areas of support/resistance that price may move towards. In this case, the next obvious area of support below price is the 20sma. It was last used as support back in December 2019 and may do the same again. After this level, the next area of support is the previous resistance turned support which is right at the $2,000 psychological round number but this is some distance away from where price is now. Palladium is still priced higher than Gold and currently holding the title for the priciest precious metal for the time being. If we do see a break and close above the current all-time high at $2,543 then we should see further bullish moves in Palladium. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
TVC:PALLADIUMLong
by Sublime_Trading
3
JD Sports Very Much Bullish!JD Sports has a good history of trending well as we saw from the trend between December 2018 to May 2019. Price became exhausted and went into consolidation from May 2019 to September 2019 and the breakout in September was the first indication of further trends to come, which is what we are currently experiencing. This has not been the neatest of trends but price has consistently been heading to the upside forming higher highs and higher lows. Price may become exhausted again and form a period of consolidation and in that case, we would just need to wait for a breakout to confirm a continuation of the bull trend. A break above £8.90 should see further moves to the upside and give us the opportunity to add to our already profitable positions. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
LSE:JD.Long
by Sublime_Trading
3
S&P 500 In A Linear Trend!The S&P 500 is going from strength to strength, continuing to create new all-time highs since the beginning of 2020. After breaking out of consolidation on the 28th October 2019, price has formed a nice linear bullish trend. This Index has a good history of forming strong linear trends as we have seen in the recent past from December 2018 to May 2019. Some traders may begin to fear a market reversal based on fear but as technical traders, we do not preempt market reversals. We need to see indications based on our analysis that suggests a reversal is highly likely. You can find more information on how we do that in the links at the bottom but to summarise, what we first need to see are areas of support being broken. The first being the support at $3,027 followed by the $3,000 round number. So, for now, we are in a bull trend and we may experience a pullback soon which is normal. Price has the 20 simple moving average just below which is the first support area price may use as support. This trend may go on for a number of months so it is worth looking at strong trending stocks for long opportunities. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
SP:SPXLong
by Sublime_Trading
2
Is $2,500 The Limit For Palladium?Palladium has gone on to shatter records performing a steep climb over the past couple of weeks but will the rise be over as fast as it started? The chart clearly shows the clean breakouts following clean pullbacks in Palladium over the last year and each breakout has resulted in a nice trend. The most recent breakout has been the strongest yet in its recent history. When price was approaching $2,000 again in January 2020, many said that price would fail at that level as it had failed there previously in December 2019. Price will always do what it is going to do, which is why speculation should be ignored at all costs. Palladium went on to soar above $2,000 and then we saw increased momentum which pushed price up another 25% to where it now stands around the $2,500 level. Is this the limit for Palladium? That is anyone’s guess. But what may be more likely to happen next is for price to pull back as price appears to have momentarily run out of steam. If this is the peak then we may see a sharp decline, but if this is just a pullback then we want to see a break and close of the current high at $2,543 which will confirm a continuation of the bull trend. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
TVC:PALLADIUMLong
by Sublime_Trading
13
Gold Battling With Resistance & Support!The behaviour of Gold has been consistent over the past couple of years where we have seen trends followed by consolidation periods. The most recent breakout of consolidation on the 6th January 2020, saw price sharply rise to a height of $1.611 but that was short-lived. Price re-entered the consolidation zone and things were not looking good for Gold as its rival commodity, Palladium, is soaring to new all-time highs. Despite moving back into consolidation, the buyers did not give up and have again pushed price back up and above the resistance level at $1,557. If there is a good amount of momentum built up then we should see price approach the next resistance level at $1,611. A breakout there will confirm a continuation to the upside and we should continue to see long-term growth in the price of Gold. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
TVC:GOLDLong
by Sublime_Trading
Gold Breaks First Major Resistance!Following on from the previous Gold post, you would have seen that we mentioned that price was approaching major resistance at $1,557 which was from the high of 4th September 2019. On the 6th January 2020 price eventually broke through this resistance level confirming a continuation to the upside. Price also broke out of consolidation and what tends to happen after consolidation is that price usually forms a strong trend. This does depend on how long the consolidation lasted. Price is currently showing some signs of weakness as the breakout candle has a long wick above it, indicating that the sellers are trying to push price back down. What may happen next is that price may use the previous resistance as support before a continuation to the upside. Price may also decide to re-enter consolidation and in that case we would need to wait for another breakout before looking for any long opportunities. As we currently have positions in this instrument, we are waiting for opportunities to compound and increase the potential profits this commodity may decide to deliver to us. See below for more information on our trading techniques. As always, keep it simple, keep it Sublime.
TVC:GOLDLong
by Sublime_Trading
2
USD/ZAR: Swingtrade-Opportunity!#READ instrucitions!Hey tradomaniacs, welcome to another free signal! Instructions: We need to wait for the market to break below the trendline again! After that we can place a sell-order! ----------------------------- Type: Swingtrade Sell-Limit: 14.28553 Stop-Loss: 14.39170 Target 1: 14.13445 Target 2: 14.01953 Target 3: 13.94713 ----------------------------- LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
1