SAKSEN Technologies Swing TradeSASKEN Technologies respecting trend line in Weekly time frame and following uptrend, if price moving above 1755 then we can go long with approx 18% SL and 36 % Reward, 1:2 risk reward.
Enter only if this trade looking interesting and can manage quantity as per the stop loss.
Note : Its just an analysis, wait for the price to confirm.
Disclaimer : Always follow risk to reward, this is the only key to success in market, no matter how much good a trade is looking we never know the future.
Trendingup
XAUUSD1. 4h structure changes from bearish to Bullish
1a. Now we have a ranging behaviour with bullish structure
1b. I am currently waiting for the retest or double bottom pattern at the recent low which is also a support level from previous major key levels .( 2041 )
2. Target all the way up to the previous Major high
USD/CHF perfectly aligned for sustainable grid trading
USD/CHF has had a nice bullish short term ride and I believe it will, in general, continue until it reaches a firm resistance zone of $1.02ish, first established in November, 2014. This zone has been tested several times, so its a good selling area. Overall support is roughly at $0.87ish and has been holding and tested since May, 2014. The really is an exceptional set up that looks like it will continue for a while.
When using a traditional grid trading technique, settng an upper boundary of $1.03 and a lower boundary of $0.86, yielding a spread of 1700 pips, gives a very nice grid structure with 17 pips between each level, with a maximum of 100 levels. Using automated methods would provide a very consistent flow of profits. The fact that the price action is so close to the lower boundary means profitability will occur in a shorter time frame as saturation will occur quicker. For manual trading, the boundaries could easily be adjusted to a level where a few minutes a day could be used to maintain the grid while still being quite profitable, since this is based upon the daily chart.
Another technique would be to use a floating grid that encompases a stoploss such that the grid is more dymanic to the market, while providing consistency in both budget and profitability (see signature for more details). A floating grid will provide a better level of analysis as well, since it manages less positions and has a stronger and more beneficial rule set.
Overall, regardless of trading technique, the USD/CHF market is poised to be profitable for a while, with a significant histocical record of being reliable.
GBPUSD Long now to short laterThe GBPUSD picture shows a downward bias, but we need to complete the ongoing upward trend first. A bullish wavestructure has been observed, but it is not yet finished.
Based on the wave count, we anticipate a Higher High above the current day's high before considering a strong short position.
For a long continuation trade, a good entry point would be around the 2DH (1.2395), which is the closest buy point. The stop loss level can be set at 1DH (1.2372), which also coincides nicely with the 0.618% retracement level from the high to the low.
Enjoy the trading!
ICI (Impulse correction Implulse)There is nothing more interesting that seeing an impulse and waiting for a retest in a trending market. Formation of weekly demand area (Bullish market), price breaking a resistance to the upside (impulse correction impulse, in a trending market sign of bullishness). All we can do is to wait, and see if there will be any signs of rejection on lower time frames on the support zone. If there is then it is a longing opportunity.
Make sure to make good use of risk management!!!!!!!!!
GPIL Bullish looking in 3 HTF!#The Pattern is a simple Support and Resistance
Points to Look:
1.The Channel Pattern is slanted downwards, this pattern has a high success rate!
2.Inside the pattern the recent trend is Bullish (Bullish Candle)
3.There is 'W' shape recovery(21 July 2022 to Now) in the trend which is also a good bullish sign.
4.There is a chance of CONSOLIDATION and tern break-out! be patient, also given the approx. Entry Prize in the chart.
5.Despite all this wait for a confirmation bullish candle above 20EMA in 1 DTF tomorrow and then take the position.
$Happy Trading Mates$
BRBR fundamentals point to further upside.BRBR reported better than expected EPS and an 18.3% jump in revenues yoy. The Company has raised its guidance on EBIT to 306-325m for 2023, which is a decent 18% EBIT mrg. The stock price followed through and it`s possible to accelerate. Adjust your size according to a possible 30% risk.
User Request: How to Set Pull Back Alert on Bull Bear Power VoidOne of the users following me asked a really good question.
Thanks @Manu45e for this one. Its actually a really important thing to know about.
This will help you understand when a pullback is over and its time for a continuation trade.
1. Wait for HTF Volume to cross down below the ZERO level
2. Wait for Volume to turn BLUE while still below ZERO
3. Wait for Blue Volume to cross ABOVE the zero level
4. You need to already have current volume above the Bullish side of the VOID
Continuation trade confirmed.
For this you are going to need one indicator.
The Bull Bear Power Void
Make sure to click the image below and also click the BOOST button on that page to make it popular.
Here's the indicator
CEIX - Coal industry setting upCEIX is leader in the coal industry. Trending. Look for entry points along the way.
Tradingview has a nice feature to paste images so I will try it out.
The image is a weekly view of the DOW JONES COAL industry. A weekly breakout from a pivot point exceeding the past 8 weeks.
You don't need to know what's going to happen next to make money ~Mark Douglas
Lose like a pro and keep trading, or lose like a novice and quit ~Mark Ritchie
10:1 EUR/GBP Trend Developing***Not Financial Advice***
The EUR/GBP has rotated off of the lowest major framework box in its range signaling that we are headed toward the opposite side of the range, or 1000 pips away at minimum. See EUR/USD for a preview of what this market could do.
With the EURO Rate Decision set for Wednesday this week, this could be a high impact event that catalyzes price to start trending.
With many factors lining up in our favor, and the wind to our back, this is a trade setup where you can consider placing a heavier position than normal.
Multiple trade factors coalescing into a singular conclusion is like being dealt pocket kings. There is still some risk that you're wrong about the trade, but you have the option to be more aggressive in how you play them (read: consider lotting up).
May the odds be ever in your favor
***Not Financial Advice***
The inflation is taking TBLT to the moonKeep it easy simple and safe
Enter at current price
TP1 0.72 (42% gain)
TP2 0.89 (74% gain)
TP3 1$+
SL 0.49 (4% loss )
Safe trade , trade safe ><><
Bitcoin cash is in my watch list for next 2 weeksHi everyone
BCH was one of the laziest coin lately and moved sideways for a long period of time considering with
other Alts price action. but I think we are getting close to start a strong uptrend in days or weeks coming.
we may still move sideways in accumulation area on the chart but I believe we will see a good price action
and steady upward pressure in days coming so let's see what happen next.
Enjoy the market