It has broken the daily trendline. Now lets go for a short:
Entry @ 115.65
Stoploss @ 116.75
First target @ 114.276
Second target @ 112.905
Make sure you move your stoploss to breakeven if its below the first target, so that you are in a risk-free trade ;)
Happy trading everyone!
IWM is in a really nice uptrend, and it can go further.
- RSI Divergence (bullish)
- Rejects 200 MA
- Oversold RSI
- Tests support & resistance area
- In a uptrend
Enter whenever you want. I will wait for the next candle to form (indecision) and then i can go long.
THIS IS NOT FINANCIAL ADVICE, TRADE AT YOUR OWN RISK!
Happy trading everyone!
I will wait what happens at the support area, it looks like a great head & shoulders setup. If it has broken the support area, i will wait till it pulls back (making it a resistance). Lets see what happens!
If you follow my signals or trading advice, i am NOT responsible for any losses. I am still learning and i am currently NOT trading with real money. This is...
it touched the bottom of trend line, and a key support & resistance area. First target is a little below the second support & resistance area. If you want, you can let the trade run to the trend line above. But make sure that your stoploss is at breakeven and it is showing that it wants to go to the upside.
Happy trading!
I am waiting for it to retrace to the 78.60% area (fibonacci), which is also a support & resistance area. If it stalls around that area, or if a indecision candle forms at that area, i take the trade to go long! I think this is a very bullish move, lets see!
THIS IS NOT FINANCIAL ADVICE!
Happy trading everyone!
OANDA:USDJPY
indecision candle has formed on support & resistance, followed up with a engulfing candle. i am already in the trade! I am too late with uploading this analyse, so its risky to enter the trade now. But here is the trade info if you want it:
entry @ 117.01
stoploss @ 116.5
take profit @ 118.028
DO NOT TAKE THIS AS FINANCIAL ADVICE, I AM NOT RESPONSIBLE FOR ANY...
Double bottom + indecision candle at a key resistance area = long trade for me! Maybe a stall around the 1.31500 - 1.32000 area, but that doesn't mean i shouldn't take the trade, lets see how it goes!
Entry @ 1.29500
Stoploss @ 1.28350
Take profit @ 1.32945
Risk/Reward Ratio = 3
If you follow my signals or trading advice, i am NOT responsible for any losses. I...
I took a short because it is on a key resistance area + a indecision candle has formed.
Short @ 29.35
Stoploss @ 30.65
Take profit @ 27.40
Risk/Reward Ratio = 1:5
If you follow my signals or trading advice, i am NOT responsible for any losses. I am still learning and i am currently NOT trading with real money. This is pure for educational purposes.
Happy...
Very nice Engulfing Candle appeared on the resistance levels. Stoploss 9+ pips above highest wick. Risk/Reward Ratio = 1:1. I will take 50% of the profit when it reaches the target. Then i will let it run and see how far it goes. I will take the other 50% of profit when another Engulfing Candle appears!
DO NOT TAKE THIS AS A BUY OR SELL SIGNAL, IF YOU DO I AM...
**DISCLAIMER**
DO NOT TAKE THIS AS A BUY OR SELL SIGNAL. THIS IS MY VIEW FOR THE MARKET!
Hi everyone,
As you can see on the chart, there might be a possible ABCD pattern going on. Not only that, there also was a double-top spotted!
Before we go into the possible ABCD pattern, i want to take a look at the support that became a resistance later on. It spiked...
Hi everyone,
Yesterday i posted an analysis for the GBP/JPY. It did not hit our buy order, so no loss or profit was involved. Otherwise, it hit our target. So lets go to this successful trade that i made.
So as you can see there is a bearish Gartley pattern. I entered the trade when the D hit the 78.6% retracement, which it did. It hit my target very quickly :)...
**DISCLAIMER**
DO NOT TAKE THIS AS A BUY OR SELL SIGNAL. THIS IS MY VIEW FOR THE MARKET!
Hi everybody,
This is my first trading idea that i post on TradingView. Please note that i am 16 years old and still in a learning process :) anyways, here's the info:
So as you can see there is a double-bottom and a double-top. i illustrated it with the blue and red...
