TipsOfPips
Enter the trade no later than 9am Tuesday (tomorrow 14th April) Trade rating 9/10 Probability 4/10 Risk to reward 10/10 (+6)
I have marked out a potential 1:86R trade here. The price is not allowed to reach the buy zone before or after the purple timing window. It must reach it within this window for the trade setup to stand a good chance. The take profit target is 0.37429 but you can leave the trade running for the all time highs, I just think that is the start of the first potential...
Litecoin is potentially just about to enter into a major support zone. There is a larger degree white pattern forming an ABC correction wave and a smaller degree purple wedge pattern currently heading into the support zone. This convergence makes this potentially a great opportunity if it moves into the zone as shown. Trade rating 8.5/10 Probability...
This probably seems crazy and I’m surprised myself but everything about this looks bullish to me. Bitcoin is holding up exceptionally well given the stock market turmoil which is very interesting. Now that we’ve seen about a 20% ish decline in the US indices we could at any moment stage a rally and I think that starts most likely next week. What I think happens...
Expecting a big move up in NIO to start happening imminently. I think it’s bottomed. Have seen an ABC correction in support. Trade rating 8/10 Risk to reward rating 9/10 Probability 7/10
It seems like REMX has finally bottomed and therefore could be ready to start it’s bull market any moment now. This is an 88.7 R trade. Probability of success 50% Risk to reward rating 8/10 Overall rating 7.5/10 I have only given the risk to reward rating an 8 as this trade is likely to take a while to play out.
A good opportunity to short Oil has come up. There is a bear flag on the 4H timeframe…now potentially forming a retest wedge pattern into the point of interest I have marked out. This is a 1:11.44 R trade and if held to $60.50 which is where I think Oil is heading to by May, then it is an 80R opportunity- though I do think it best to take most of the profits off...
Last AMD trade was just stopped out, re-entering here with a 1:16RR. Probability 8/10 Risk to reward 7/10 Overall rating 7.5/10
1:3 Risk to Reward High probability trade setup. 80% chance of success. Risk to reward rating 4/10 Overall rating 6/10
AMD is now at a key demand (support) zone. There are two very clear patterns hearing into it which makes this a great trading setup. Probability rating: 5/10 Risk to reward rating: 10/10 Overall rating 7.5/10
I see a good opportunity here with Bitfarms. It’s been holding this level very well amidst the strong volatility. It is a 1:31.5 risk to reward opportunity Probability rating 5/10 Risk to reward rating 10/10 Overall rating 7.5/10
Big liquidations in the crypto markets over the last 48hrs with sentiment turning very bearish. But from a technical pov does this look bearish to you? The Elliot Wave correctional waves couldn’t be any clearer with beautiful symmetry. The market already tested deep into the demand zone and has shown some strength to suggest it’s a worth a go in my view for a...
Revolve group holding up well despite the strong selling pressure across the markets which I see as a positive sign. I like the clear demand level here with a great looking wedge formation heading into it. Trade rating: Probability 7/10 Risk to reward 7/10 Overall rating 7/10
Expecting a bottom at approx $12. Convergence of two major trendlines into significant demand zone. High probability trade. Trade probability 8/10 Risk to reward rating 8/10 Overall Trade rating 8/10
Potential 23R opportunity coming up on ADA. If the price moves down as shown there will be a meeting of two significant trendlines coinciding with major support (demand zone). Whether it heads down there as shown - I don’t know - not here to make predictions. But if it does it fits the rules of my trading system for a high probability setup… ‘If this happens,...
This is a long term trade idea for Palladium targeting $9900. This would be a approx a tripling of the previous all time highs. This is going to take 7-10 years to materialise. There will be plenty of opportunities on the way up - this is just one trade to start with. Probability rating: 4/10 Risk to reward rating: 10/10 Overall rating: 7/10
26R opportunity on C3.ai Probability rating 4/10 Risk to reward 9/10 Overall rating 6.5/10
The higher time frame shows strong indication that the SPX is close to seeing a big move up. Right now there is a very nice wedge pattern heading into support and I think this could be a prime opportunity to get in. The setup is also occurring around key timing (NYSE Open). Probability rating: 4/10 Risk to reward: 10/10 Overall rating: 7/10