Chart pattern: Descending triangle Entry: 19.50$-21$ Stop: 19.16$ Target: 23.20$ Stopmanagement: ATR Stops daily chart default settings Risk:Reward-Ratio: > 2:1 Description: The chart formed a descending triangle and broke out of it. The sustainability of the break out is also confirmed by a high volume and a bullish MACD-crossover.
Chart pattern: Bull flag Entry: 38.48€ (this would end the secondary downtrend of the correction) Stop: 36.36€ Target: 44.70€ Stopmanagement: ATR Stops daily chart default settings Risk:Reward-Ratio: > 2.9:1 Description: The chart is forming a bull flag with a nice corrective pattern (which retraced under the 38 Fibonacci retracement). Target is...
Chart pattern: Bull flag Entry: 32.40$ (this would end the downtrend of the correction) Stop: 24$ Target: 60$ Stopmanagement: ATR Stops daily chart default settings Risk:Reward-Ratio: > 3:1 Description: The chart is forming a bull flag with a nice corrective pattern. Target is the 1:1 Fibonacci extension of the former impuslive move.
Chart pattern: Breakout Entry: Immediately Stop: 3.81$ Stopmanagement: ATR Stops daily chart default settings Description: The price broke a downtrend line which was intact since June 2020. The breakout is supported by the high volume and a positive divergence with the MACD.
The price of Cameco is forming a descending triangle. Also the volume is decreasing during the consolidation which is a bullish sign. The trade will be entered when the price closes above the downtrend-line.
Chart pattern: Bull flag Entry: 1.84$ (this would end the downtrend of the correction/bull flag) Stop: 1.69$ Target: 2.31$ Stopmanagement: ATR Stops 4H chart default settings Description: The chart is forming a bull flag with a nice corrective pattern (which retraced under the 38 Fibonacci retracement). Target is the 1:1.6 Fibonacci extension of...
Chart pattern: Bull flag Entry: 17.16$ (this would end the downtrend which is active since the 8th of April 2021) Stop: 15.76$ Target: 20.92$ Stopmanagement: ATR Stops daily chart default settings Risk:Reward-Ratio: > 2:1 Description: Since the 8th of April 2021 the chart is forming a bull flag with a nice corrective pattern (which retraced...
After the crash in March 2020 we see a huge increase in the commodity market which is even outpacing the XLK ETF (tracks the technology sector) since September 2020. But is this just a transitory phenomenon or are we just at the beginning of a huge bull run in the commodity sector? When we look at the chart of the CRB-index we can see that we have a clear...
Chart pattern: Bull flag Entry: 8014 (this would end the downtrend of the correction) Stop: 6736 Target: 10985 Stopmanagement: ATR Stops daily chart default settings Risk:Reward-Ratio: > 2:1 Description: The chart is forming a bull flag with a nice corrective pattern. Target is the 1:1 Fibonacci extension of the former impuslive move. The price...
Chart pattern: Support trade Entry: Immediately Stop: 10.90$ Description: The chart is at a crucial support level and shows a positive divergence with the RSI and MACD.
Chart pattern: Bull flag Entry: Immediately (this would end the secondary downtrend of the correction) Stop: 60.48$ Target: 72$ Stopmanagement: ATR Stops daily chart default settings Risk:Reward-Ratio: > 3:1 Description: The chart is forming a bull flag with a nice corrective pattern (which retraced near the 38 Fibonacci retracement ). Target is...
Chart pattern: Bull flag Entry: 16.05$ (this would end the secondary downtrend of the correction) Stop: 12$ Target: 24.60$ Stopmanagement: ATR Stops daily chart default settings Risk:Reward-Ratio: > 2:1 Description: The chart is forming a bull flag with a nice corrective pattern (which retraced under the 38 Fibonacci retracement). Target is the...
Chart pattern: Bull flag Entry: 14.50$ (this would end the secondary downtrend of the correction) Stop: 13.32$ Target: 16.90$ Stopmanagement: ATR Stops hourly chart default settings Risk:Reward-Ratio: > 2:1 Description: The chart is forming a bull flag with a nice corrective pattern (which retraced under the 38 Fibonacci retracement ). Target is...
Chart pattern: Bull flag Entry: Immediately (this would end the secondary downtrend of the correction) Stop: 37.90$ Target: 57.50$ Stopmanagement: ATR Stops daily chart default settings Risk:Reward-Ratio: 1.5:1 Description: The chart is forming a bull flag with a nice corrective pattern (which retraced under the 38 Fibonacci retracement). Target...
Chartformation: Trading Range Entry: 11.22$ Stop: 10.33$ Target: 12.40$-13.10$ Risk/Reward-Ratio: > 1:1 Descripton: The price is in a range since the end of October 2020. RSI-values below 40 generated valid buy-signals in the recent past. Otherwise a price above 11.22$ which would confirm the hammer-candle can be used as a entrypoint.
Momentarily the price of Voyager Digital battles with the 20CAD area and in this analysis, we are going to show why this area is so crucial. First of all, we have the psychological barrier of round numbers (here 20CAD). Then, if we look at the prominent lows and generate the Fibonacci-retracement to the recent high we can clearly identify a Fibonacci-cluster at...
The price has formed a positive divergence with the RSI in the 4H-chart and sits on the 23-Fibonacci-retracement from the low of March 2020 which acts as support. In the daily chart the price has formed multiple hammer candles. A price above these hammer candles will be used a entrypoint.
Chart pattern: Bull flag Entry: Immediately Stop: 3.55$ Target: 6.40$ Stopmanagement: ATR Stops daily chart default settings Description: The chart is forming a bull flag with a nice corrective pattern (which retraced under the 38 Fibonacci retracement). Target is the 1:1 Fibonacci extension of the former impuslive move.