**Positive quarterly report Q1** **Trading above MA200** **RSI entry signal** **Good candle response today, seller momentum declining** TP: **Close above MA5** **SL: Close above MA5 / 10% max drawdown** **Apply Fibonacci extensions to maximize exits and increase profit-taking** Ill keep updating the trade... Cheers
Long trade setup **Trading on the positive side of MA200** **Underlying strong tested support + MA200 as support** **Reviewed last earnings report for Q1 @ late April** +Profit for Q1 increased by 10% vs Q4 +Increased revenue Q1 2021 / 2020 TP: **MA5 candle close above** **Fibonacci 1:1 / 127% depending on the movement on low time frames** **Chasing a few...
*** LOOMIS *** 1. Buy order in on OPEN tomorrow. 2. TP (close above 5sma daily) 3. SL Same as above. Positives: -Strong uptrend, trading above 200sma on days. -Short significant retrace, giving us an entry opportunity for trend continuation for the short run. Somewhere in the 2-5% profit area. Negatives: -Not the best quarterly report delivered for q1 2021 7...
XXL - Thriving on lockdown. -Recently the brokers changed sentiment from Keep - Buy. -Had an 1 impulse wave that broke through 20.5 resistance. -Testing 20.5 previous resistance, now support. Targets: 1:1 wave 3. , 262% of wave 1. RR 2.6. Long. Cheers
ZAPTEC! Smart charging stations for EV cars... Can it break through the recent downtrend, retrace from the initial pulse on the daily chart, and continue its positive trend again. Looking at swinging it to 1:1 or 127% of the first leg. Either early entry or entry after price retraces if it breaks through resistance. I trade carefully, risk-reward >2.5.......
Hi!! Potenitial setup this week to swing long on XXL - intraday / 2-3 days swing. -Trade with CARE -Handle your SL below 78.6% fib - entry earlist at 50% retrace. -Target 1:1 , 127% of last wave for swing. -RR at least 3:1. Calculate your losses versus winnings before hand. Keep an eye on this one!! whether it continues to 1.618 extension of wave 1 - or retraces...
Bat / Butterfly Potential, where are you going baby? Trade with care
Watch out here comes the butterfly, wait for confluence on the AB 162% extension / 127% of the XA. Trade with care
Sharing chart interpretation, trade carefully
Look for confluence, potential setup. Trade together with the RSI and PA confirmation Good luck
SL above the 162%, price overbought, RSI moving below 70, after first target hit im moving my SL to breakeven. Good luck
Price has over extended passes the 127% even though we saw the retracement on the BC being 62%, its in the retracement zone and stoploss is placed above previous high on the structure to the left. TP 38% / 62% Trade with care, will monitor this tomorrow
Hi dear harmonic traders, Something for you guys to chew one.. I will keep it updated.. Thanks www.twitch.tv See you there tomorrow at london open! Cheers
Visit my live channel tomorrow and well have a look at this! www.twitch.tv
Possible retrace to the 61.8% on the USD JPY afte completing Elliot wave pattern after the first impulse move, short position from here down to the 127% extension on the H1 chart. Trade with care! See you on www.twitch.tv