shermanchoo

shermanchoo

Baba brokeout at 89.65. Will it get to 400? Hang on and don't let go

shermanchoo

When lines break, price likes to go up... Its worth adding to buy positions as price push up and confirm the Weekly trend.

shermanchoo Updated 

A 300-pip pullback creates a good risk-to-reward setup for sell trades. Note to self: To keep the bearish trend intact, the price must stay below the Orange Line.

shermanchoo

Price frequently pulls back to or near the VWMA before bouncing upward, suggesting traders are using it as a reference for entry during dips. The weekly candles are bullish, with the price breaking above their highs. This confirms a bullish breakout on the higher timeframe.

shermanchoo

$TRUMP coin has been testing the 1-hour VWMA but continues to drift downward. For bulls to regain control, the price must break above $37.6 and overcome the current bearish momentum tied to the 1-hour VWMA.

shermanchoo

Bullish flags support the momentum of a trade and offer a suitable risk-to-reward (R:R) ratio for continuation setups... ...with chance to run.

shermanchoo Updated 

Note to self: to get a C wave, check for bullish flags.

shermanchoo

3. Pullbacks provide opportunity to check for bullish price action.

shermanchoo

Because TSLA is in a steep bullish trend, looking for similar bullish patterns helps set up appropriate r:r.

shermanchoo Updated 

With the start of a third wave, watching for breakout flags offers an appropriate risk-reward opportunity, chance to addon to earlier bullish positions..

shermanchoo

In a downtrend, if the price keeps dropping while %B forms higher lows, it could indicate that sellers are losing strength, potentially signalling a reversal or pause in the trend.

shermanchoo Updated 

Waiting for the correction to play out, checking for bullish activity after 21 Oct reduces the risk and drawdown.

shermanchoo

During NFP Week, prices may remain stagnant early on, so entering trades too early could lead to drawdowns. Watch for: A 5-wave bullish pattern Price staying above 1.10143 Timing alerts set for September 6 and 9.

shermanchoo

1. Bullish Cup and Handle? if so... 2. ...then a Strong move up followed by a correction provides suitable r:r for the next motive wave up.

shermanchoo Updated 

TSLA has buying interest at 185 levels because of the bullish engulfing candles at this key level.

shermanchoo Updated 

1. Buy Low at Previous Support 2. TP some... 3. On break of level... Check for Bullish PA to add...

shermanchoo Updated 

- if there's 250pip pullbacks, then its worth looking to add to the trade, otherwise over the weekend, GA's susceptible to 30 pip spreads. - As of 17 Jan, GA is in a 3rd wave and up 500 pips. Best not to trade against a 3rd wave count.

shermanchoo

1. Bias is Bearish...holding off trading till 2nd May anticipates the liquidity hunt and reduces the risk... 2. To maintain bearish bias, price needs to stay below 0.66664.