Boatsnhoes

Boatsnhoes Updated 

very simple trade: Price is approaching a very clear support level on the H4 time-frame and it just rebounded a double top on H1 time-frame. Trade plan: Entries: - 0.69678 - Take profits: * 75% of position at 0.6938 (Where double tops ends) * 25% of position 0.6916 Stop loss: * 0.7

Boatsnhoes

very simple trade: Price is in an uptrend as you can see in the chart analysis. Trade plan: Entries: - 1.5251 - Take profits: * 1.54274 Stop loss: * 1.51580

Boatsnhoes

Pretty clear trade setup. Stop loss at 1x the ATR above the upper line

Boatsnhoes Updated 

The move back in march was mainly fundamentally driven. Looking at the market structure, we see that the current support was previously a very strong resistance. Once the market breaks the current support we can expect a long-term free fall.

Boatsnhoes Updated 

Stop loss at 2x the ATR above the supply zone

Boatsnhoes Updated 

uptrend getting weaker. Stop loss at 2x ATR. Take pofit at previous support

Boatsnhoes Updated 

Stop loss at the 1.5 ATR(14) on H4 under the demand zone

Boatsnhoes Updated 

1. Respected Fib levels 2. Clear downtrend channel 3. Shooting star at the top of the channel, R1 pivot point, and the fib level on H4 (as of writing this post, 1 hour before candlestick close). First TP target in the middle of the channel and Fib level 38.2. Second TP target in the end of the channel and Fib level 50. Stop loss at 1.5x ATR above the 23.6 level.

Boatsnhoes

The consolidation around the 2950 resistance is an indication of a breakout soon above the 3000. I think we will see a huge uptrend after the price breaks that level. The new bull market has begun. Don't be a bear and join the trend! Thank you Trump and Powell for saving the stock market!

Boatsnhoes Updated 

Lets see if the market respects this these supply and demand zones. Stop loss at 1x ATR above the supply zone

Boatsnhoes Updated 

USDCAD trading at a range between clear supply and demand zone.

Boatsnhoes Updated 

Clear and simple setup. Stop loss at 1.5x ATR(14) below the support zone. Conservatively scale out with a TP at the mid line at 64.6 and another TP at the resistance zone at 65.72. Happy trading!

Boatsnhoes Updated 

This is not financial advice - trade at your own risk I think we are due for a correction and it is time to take advantage of it. The 2850-3000 area is a significant Fibonacci level that played a critical role in significant corrections, rallies, and sell offs in the past two years. I think the market can move in many ways, but I do believe that somewhere...

Boatsnhoes Updated 

I previously thought we were going to see the price plummeting after the rising wedge was broken, instead, the price decelerated. I did not enter a trade there as the volume was quite strong on the green candles after the rising wedge was broken and because the price traded in a range after that. I then thought we might be seeing a double top pattern forming, but...

Boatsnhoes

**THIS IS NOT FINANCIAL ADVICE. THIS ANALYSIS IS A DOCUMENTATION OF MY OWN TRADES AND IS FOR EDUCATIONAL AND ENTERTAINMENT PURPOSES ONLY. TRADE AT YOUR OWN RISK** **Please note that the time horizon of this analysis is around 1 week** SPX failed to break the 2900, a very important Fibonacci level that played a critical role the initial sell off back in March...

Boatsnhoes

Disclaimer: This analysis is for educational purposes only and should not be taken as financial advice. Invest at your own risk. Feedback is more than welcome. Please let me know whether you agree or disagree with my analysis and why. Talking points: - The economy is not the market, but the US administration is treating it that way. Most of the money it's...