SynergyTradingSetups

SynergyTradingSetups Updated 

GRT broke below our initial stoploss. If you followed the updates posted on the trade you would've seen that we did NOT in fact EXIT the trade at the SL and WE ARE STILL IN LONG. I've adjusted the SL since this and will update further. The breakdown was weak and the 11c level has been tested three times since. We broke the downward trend line and have since...

SynergyTradingSetups Updated 

The Eur/Usd has been in an elongated channel for the better part of half a year. This channel isn't inherently bearish, however the DXY has shown recent strength after breaking above old support and retracing over 4%. We watch the EURUSD chart closely to see whether we break down from this channel which will probably mean a few months of bearish PA. My...

SynergyTradingSetups Updated 

Live Cattle Futures is probably an asset that you have never looked at and never thought to trade. However, it has been in it's own bull market for the past 3 years ! Having said that, now the chart is showing clear weakness and giving us the perfect entry to the trade with an incredibly low risk and high potential reward. Hitting the first tp would keep it...

SynergyTradingSetups

After hitting all of our take profits we are looking for the next trade set up. We broke the daily support that dates back to March and there isn't any current major support that we are close to. This along with the bearish divergence and rejection around the .886 retracement inclines me to think that we have now began a major leg down that could bring us back to...

SynergyTradingSetups Updated 

Nasdaq had hit our first two short targets posted a week ago. Now it is breaking what was old resistance and was holding yesterday as support. 1. If this old support once again becomes resistance then we will open an additional position as the one shown on the right. 2. If the PA is unclear we will let the current position go until it reaches our original tp...

SynergyTradingSetups Updated 

This is how the trade is sized up. WE posted this around a week ago stating that we would enter upon breakout, which we did at $31.3, and now are showing you further variables and the targets along with a SL

SynergyTradingSetups

UHS has developed bullish divergence at a key point forming the third rising valley. Trade has stop below this valley as if it goes lower the whole argument is defeated.

SynergyTradingSetups Updated 

GRT presents a great structure on the daily with a break of the trendline and the formation of a clear head and shoulders. First target: 14.6c Second target: 17c The weekly also shows a promising formation that if it plays out would bring GRT to 50CENTS.

SynergyTradingSetups

The best looking Alt-coin right now is BAND. It has a clear stop loss and has shown great strength to get above a historical support. Below you can see the trade and it's reasoning:

SynergyTradingSetups Updated 

BTC has just perfectly held the level we have mentioned 1000s of times - 28'800 - and now looks to head towards the previously held support. We are looking for Bitcoin to break above and backtest it as support before heading to the next resistance. Btc is also showing classic bullish divergence on the 4h and Daily MacD.

SynergyTradingSetups Updated 

DASH falling wedge preparing for breakout. We will keep an eye on this and look to long a breakout to the 40$ mark that represents a key historical support.

SynergyTradingSetups

The DXY has essentially been moving sideways for half a year, it will commit to a major move soon and I think the the red support box marked by my, very well drawn, X will be it's giveaway. What I give the higher probability of happening to is a backtest of the aforementioned box as support before a greater move up. It would also have to break out of the...

SynergyTradingSetups Updated 

Shorting nasdaq now. CLEAR BEARISH PA. Only stopping the trade with a CANDLE CLOSE and CONFIRMATION ABOVE THE STOP LOSS. Nasdaq tends to wick above areas like this so we will not exit trade at a price.

SynergyTradingSetups

KSM broke out a few weeks ago before coming back down and breaking out today. This gives us the perfect low risk trade opportunity.

SynergyTradingSetups

UA has the best possible set up you could ask for. I am in this from the entry point on the trade and will add if this support holds... I know I should've posted it earlier. A double bottom at a critical level completing the typr two return of the bullish cypher. Along with this showing bullish divergence. On top of this the weekly looks AMAZING . It...

SynergyTradingSetups Updated 

Clear trade set up. Break of downward trend line and key support, backtest of key old support, and formation of an inverse head and shoulders. Targets are set.

SynergyTradingSetups

Apple is currently at the top of a rising wedge and has developed three counts of bearish divergence on the daily time frame. It has also completed a bearish cypher reaching the 0.786 on what seems to be a confirmation high. The weekly time frame also shows that it has reached the resistance which has held on 4 previous occasions I AM currently short with...

SynergyTradingSetups Updated 

Trade to be taken at the break and confirmation of support. This could be the start of a med/long term dxy rally! I will explain my idea further in a second post later today. GBP/USD is at a major resistance after failing to hold it as support. It is also looking to break down from this support The DXY also looks to break above the horizontal support. ...