vbenking91

vbenking91

Time To Buy: Price reached to take profit @ 169.050 just as Anticipated. 👏👏

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Long Position Above 2300.00: This means that the trader will enter a buy (long) trade only when the price of the asset rises above 2300.00. Take Profit at 2325.00: This means that the trader sets a sell order at 2325.00 to lock in profits. Once the price reaches this level, the trade is automatically closed, securing the profit. Trade Execution: It's important...

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Time To Buy: Support at 168.300: When a price finds support at a specific level, it indicates that the downward momentum is being countered by buying interest. This often results from historical price action, psychological factors, or fundamental reasons that make this level significant to traders.The support level acts as a floor, preventing the price from...

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Support Level: 0.61000The level of 0.61000 is identified as a support level. This means that historically, the price has had a tendency to halt its decline around this level, indicating strong buying interest. As long as this level holds, it suggests that buyers are willing to enter the market and push the price higher. Take Profit Target: 0.61550The take profit...

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*). Secure Profits: By closing half of the position, the trader locks in some profits, reducing the potential for a total loss. *). Reduce Risk: This action reduces the overall exposure of the trade, making the remaining position less vulnerable to market reversals. Set Entry to Break EvenDefinition: "Set entry to break even" is a strategy where a trader adjusts...

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*). After the choch: Monitor the market closely following the Change of Character (choch) event, which indicates a potential reversal or significant shift in market sentiment. *). Expect a pullback to 168.490: Anticipate a price retracement to the level of 168.490. This pullback could present a buying opportunity or signal a temporary consolidation before the...

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When analyzing a financial market scenario, two key criteria are often considered to determine potential trading decisions. *). The upside prevails as long as 1.27160 holds as support: This criterion indicates that the current bullish (upward) trend is expected to continue provided the price does not fall below the support level of 1.27160. Support levels are...

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1). Resistance Level at 2311.00: *). Definition: Resistance is a price level where a rising asset price tends to stop and reverse due to a concentration of selling interest. *). Context: The resistance level of 2311.00 indicates a price point where the asset has difficulty moving above. It is expected that at or near this price, there will be sufficient selling...

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Price successfully reached Take Profit at 1.26917". This is a target price set by the trader where the trade will automatically close to lock in profits. Reaching this level indicates a successful trade where the expected market movement has occurred, securing the anticipated gains. This approach helps traders manage risk and ensure profitability by exiting the...

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Technical Analysis: Support Level: The current support level is 1.62982. As long as the price remains above this level, the potential for an upside movement is maintained.Target Level: If the support at 1.62982 holds, the next anticipated target level to watch for is 1.64969.This implies that a breach below 1.62982 would weaken the bullish outlook, whereas...

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The market is currently exhibiting a bearish trend, with downside momentum expected to continue as long as the resistance level at 1.2739 holds firm. Traders should monitor this level closely, as any failure to breach it will likely result in further downward movement. *). The next significant price target on the downside is 1.26900.Traders should consider this...

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1. Expect a Pullback: A pullback in trading refers to a temporary reversal in the price direction of an asset, which moves against the prevailing trend before resuming in the trend's direction. Traders look for pullbacks as opportunities to enter the market at a more advantageous price within a larger trend. Expecting a pullback involves: *). Identifying...

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1. Support Level at 1.08687: As long as the price remains above 1.08687, this level serves as a key support. In technical analysis, a support level is a price point where an asset tends to stop falling and rebounds due to increased buying interest. Traders should monitor this level closely. If the price approaches but does not fall below 1.08687, it may indicate...

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*). Support Level: (1.08278). In trading, a support level is a price point where a downward trend is expected to pause due to a concentration of demand. *). Implication: As long as the price remains above the support level of 1.08278, it indicates that the buyers are stronger than the sellers at this level. This suggests a potential for the price to rebound from...

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Take profit hit at 1.08891🎯💯👏. Congratulations 🎉🎉🎉👏

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Entry: Short position near 1.74533, based on confirmation of resistance.Stop Loss: Set at 1.74543 to 1.74553.Take Profit: Set at 1.73304. Risk Management: Ensure the risk-reward ratio is favorable. A common strategy is to aim for at least a 1:2 risk-reward ratio. Market Conditions: Monitor overall market conditions and news events that could impact price...

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*). As long as 1.08114 is support: This means that 1.08114 is a critical price level. If the price remains above this level, it indicates that there is strong buying interest, and the support level is holding firm. *). Look for 1.08891 as target: The price level of 1.08891 is identified as a potential target for the price to reach. This suggests that if the...

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*). Price Reaching the Support Level of 1.76270: When the price approaches a key support level, like 1.76270, it signifies an important potential trading opportunity. Support levels are price points where historically, the asset has had difficulty falling below, as buying interest tends to outweigh selling pressure. When the price nears this level, traders watch...