Uptrend
EUR/CAD Buy Setup (Technical Analysis & Risk Management)EUR/CAD Buy Setup (Technical Analysis & Risk Management)
Trade Parameters:
Current Price: 1.55400
Support Level: 1.55200
Resistance/Target: 1.56400
Stop Loss (SL): 1.54800
Exponential Moving Average (EMA 20): Check if price is above EMA 20 for confirmation.
Entry Criteria & Confirmation:
✅ Entry Point: Buy around 1.55400 after confirming support at 1.55200.
✅ Trend Confirmation: Ensure price is above the 20 EMA to align with bullish momentum.
✅ Candlestick Confirmation: Look for bullish candlestick patterns (e.g., bullish engulfing, hammer) near support.
✅ Volume Confirmation: Higher buying volume near support strengthens the trade setup.
Risk Management:
🔹 Stop Loss (SL): 1.54800 (40 pips below entry) to limit downside risk.
🔹 Take Profit (TP): 1.56400 (100 pips above entry).
🔹 Risk-to-Reward Ratio (RRR): 2.5:1 (Good risk-reward setup).
🔹 Lot Sizing: Adjust based on risk percentage (e.g., risking 1-2% of capital per trade).
Trade Scenarios:
📈 Bullish Case (Target 1.56400)
If price holds above 1.55200 and remains above EMA 20, expect a bullish move towards 1.56400.
📉 Bearish Case (Stop Loss Hit at 1.54800)
If price breaks below 1.55200, the setup weakens.
If 1.54800 SL is hit, exit the trade to prevent further loss.
Additional Confirmation (Optional):
📊 RSI (Relative Strength Index): Look for RSI above 50 to confirm strength.
📊 MACD (Moving Average Convergence Divergence): Bullish crossover supports the buy trade.
📊 Fibonacci Retracement: Check if 1.55200 aligns with a key Fibonacci level (e.g., 38.2% or 50%).
SAIL📊 Price Action & Trend Analysis
Analyzing market trends using price action, key support/resistance levels, and candlestick patterns to identify high-probability trade setups.
Always follow the trend and manage risk wisely!
Price Action Analysis Interprets Market Movements Using Patterns And Trends On Price Charts.
Jio Financial Services Ltd- The chart is self-explanatory as always.
- JIOFIN is reaching its ATL.
- The stock is down 40% since it started its downward trajectory.
- JIOFIN is to be added to Nifty50 by March end
-The company reported a slight 0.32% increase in consolidated net profit for Q3 FY25, with earnings of Rs 294.78 crore compared to Rs 293.82 crore in the same period last year. Revenue from operations rose by 5.98% to Rs 438.35 crore for the quarter ending December 2024.
Disclaimer: This analysis is purely for educational purposes and does not constitute trading advice. I am not a SEBI-registered advisor, and trading involves significant risk. Please consult with a financial advisor before making any investment decisions.
A great uptrend is upcoming!!!Hi everyone!
A great uptrend on Venice token is upcoming at the next months maybe weeks...
Trading volume start raising, interest getting higher, on Venice token will be a lot of attention soon!
That's why we are here to grab the opportunities before they even happen!
Of course some of you will have your doubts which we totally understand! But instead of doubting why you don't try our ideas with very little capital (0.50usdt) in order to test our strategy? Nothing to lose.
While the main chart shows lot's of bearish signals our experts sees gem and dollars..
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Stay tuned for more
#MKRUSDT is gaining momentum🚀 LONG #MKRUSDT from $1485.0
🛡 Stop Loss: $1438.0
⏱ 1h Timeframe
🔹 Overview:
➡️ The asset is in a strong uptrend, forming a cascade of support levels with buyers stepping in.
➡️ The price recently tested a major resistance level ($1500) and entered a brief consolidation.
➡️ Patterns such as "expanding triangle" and "rising wedge" confirm strong activity and accumulation.
➡️ The current POC zone (1197) indicates high buying interest, supporting further upside movement.
⚡ Plan:
➡️ Going long from $1485.0, anticipating a breakout above the local high.
➡️ Taking profits at TP levels with potential partial exits.
🎯 TP Targets:
💎 TP 1: $1500.0
💎 TP 2: $1530.0
💎 TP 3: $1554.0
📢 #MKRUSDT is gaining momentum — preparing for an upward move!
BNX is not for shorting!!!YET..Hi everyone,
BNX made a massive pump of almost 35%..
The coin is still on a uptrend!
Open a short position right now would be harmfull for your portofolio..
Of course is depends of what percentage you are after..
Trade safe!
BNX Soars to New Heights: A Strong Uptrend Signals Promising FutHi everyone!
BNX is on uptrend and is the perfect moment to buy with price target 1.23.
Shorting this coin would be a massive mistake as smarts money plan is to sweep the shorts!!
Chart looks bearish but don't fall in to their trap!
If you open a long position make sure you are covered for at least 25% drop. Avoid the high leverage! Remember profit is greater that loss.
We are not day traders. just profitable traders!
Our job is to identify the trend.
Trade safe
SPY Bullish Breakout! Buy!
Hello,Traders!
SPY is trading in a strong
Uptrend and the index made
A bullish breakout of the key
Horizontal level around 608$
So we are bullish biased and
We will be expecting a further
Bullish move up
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
SILVER Growth Ahead! Buy!
Hello,Traders!
SILVER made a bullish
Breakout of key horizontal
Level of 32.60$ and the
Breakout is confirmed
Which combined with the
Fact that Silver is trading in
A strong uptrend makes us
Bullish biased and we will
Be expecting further growth
Buy!
Comment and subscribe to help us grow!
Check out other forecasts below too!
GOLD STRONG BULLISH BIAS|LONG|
✅GOL D made a strong bullish
Rebound from the horizontal
Support below of 2868$ just as
We predicted in our previous
Analysis and and is going up now
Which combined with the fact
That gold is trading in a strong
Long-term uptrend along the
Rising support line makes us
Bullish biased and IF we see a
Bullish breakout of the
Horizontal resistance level above
Around 2940$ this will serve as
A confirmation of our bullish
Bias and we will be expecting
A further bullish continuation on Gold
SWING LONG🚀
✅Like and subscribe to never miss a new idea!✅
Tripled power mover in 2 hours with 3 Buy spots along the way!Power 💪 $3.05 to $9.40 in under 2 hours reaching over +200% 🚀 NASDAQ:GCL
Wanted to buy at $5 but volume wasn't safe enough, it pops and sets up for another good entry, wanted to buy $6.21 but it moved beyond it, kept waiting for a dip buy around $6.20 but all it gave was $6.50 several times so had 2 buy orders placed at the same time one for $6.21 on the possible dip and one for $7.31 for the possible breakout.
It triggered $7.31 and kept going, all 15min candlesticks green so I kept alerting new buys for the big fat win!
New highs area +$1,000/share unlocked for NasdaqSeems like 2 months of sideways downtrending (since mid December) is over for Nasdaq.
Unless any surprise political shock news come out (we all know that can be a challenge with Trump) we could see Nasdaq reach $23,000 per share area in drawn upcoming green period.
This would also reflect directly on upward momentum for several bluechip stocks:
Apple Inc. NASDAQ:AAPL
Microsoft Corporation NASDAQ:MSFT
Amazon.com Inc. NASDAQ:AMZN
Alphabet Inc. NASDAQ:GOOGL
Meta Platforms Inc. NASDAQ:META
NVIDIA Corporation NASDAQ:NVDA
Tesla Inc. NASDAQ:TSLA
Intel Corporation NASDAQ:INTC
Gold poised to extend rally to 3010 pointsHello traders, I want share with you my opinion about Gold. Looking at this chart, we can observe that a few days ago the price entered an upward channel and began to rise steadily. Shortly after, it climbed to the 2660 support level, which aligned with the buyer zone, and even broke through it. However, before making further progress, XAU corrected to the channel’s support line. Following this correction, the price retested the level and resumed its upward movement, eventually reaching the second support level located within a support area. Initially, there was another correction to the channel’s support line, but soon after, the price broke through the 2770 level as well and kept moving higher. Eventually, the price broke out of the first channel and transitioned into a new upward channel, where it reached the current support level, which also coincided with another support area. Gold managed to surpass the 2880 level and continued its bullish momentum. At the moment, the price is still climbing, and I anticipate that XAU will correct back to the channel’s support line before continuing its upward movement within the channel. For this scenario, I’ve set my TP at 3010 points, which aligns with the channel’s resistance line. Please share this idea with your friends and click Boost 🚀
Do not short this coin yet!!! Hi everyone,
We totally understand how much you want to short this coin at this point, but we strictly suggest to hold your horses as it will push higher..
Instead if it will try to grab the longs (drop it) Buy the dip. And when i say the dip we talking about 5.7 entry even lower if possible, with spreading your capital.
This coin is still on uptrend!
More updates are coming for this coin.
Biggest stock gainer of the week still on strong uptrend $AIFFForget all the NASDAQ:NVDA NYSE:RDDT NASDAQ:AMD NASDAQ:PLTR and other 5% tiny movers, this stock NASDAQ:AIFF takes all the prizes this week, 1st, 2nd, and 3rd medal on podium!
Consistent steady uptrending on huge volume allowing any kind of size for huge gains!
Mentioned it early at the start of the week and kept buying as long as uptrend held for a power move into vertical.