Broceta

Broceta

I will put my long Buy position on 160$, stop loss 152$ and take profit on 190$. Good risk/reward ratio, trend following, covering gaps and strong support.

Broceta

The price is near to strong support, risk/reward ratio is very good. This is just short term trading via technical analysis.

Broceta

We can see that wave I and wave II are already formed. Also we can see waves 1 and 2 and expect waves 3, 4, 5 and abc after that all in direction of forming third (III) wave in uptrend and that is the place to close our buy orders and to find new better prices to follow this uptrend. Wish you a good trade.

Broceta

Very nice short setup on EURUSD chart pattern. SL/TP ratio is ideal. Wish you a great trade!

Broceta

Just to confirm our trade, you can close previous trade and make a new one or you can take risk and just start a new one.

Broceta

I am back after 3 years. Let's start!

Broceta

I think that this is the end of the correction....

Broceta

Harmonic pattern and nice place to buy - uptrend and small correction as you can see. Now we are looking for the best price to get in and I think that this is the right one. If price goes to 88.6% Fibo level it would be nice to enter in long position in that moment. Our Take Profit order is far away from that point....

Broceta

I see it like this... small correction and uptrend will continue and we will follow. Prices will go up fundamentally and technical analysis will give us the best positions to enter. Like in this chart, on XABCD we can make two nice trades, as you can see.

Broceta

Verticroft ;-)

Broceta

I can see a STRONG SELL on every chart here. But my first thought when I opened the chart was this. Small stop loss and nice place to buy, because we are in generally uptrend - take a look at bigger charts. This is just a correction on a uptrend chart. If price breaks down the flag pattern on smaller time frame this is a big mistake, but we will adjust our positions then.

Broceta Updated 

We have a strong trend line and head & shoulders pattern at the end. If price breaks the "neckline" of head & shoulders pattern which is in the same level as the trend line there is a great chance that the price will fall to the level of 2.5908. In short if the price falls below 3.7366, I would open a short position, I waited for a price drop to 2.5908 and I...

Broceta Updated 

Dear traders, great place for our buy order! I am afraid because this is so obvious, too many confirmations that the price is going up that it is weird. Maybe we will have to increase our STOP LOSS orders to avoid "stop cleaning" that brokers often do (move the price on purpose to close much more buy orders they can and then price go in right direction). Reasons...

Broceta

Dear traders, great place for our buy order! I am afraid because this is so obvious, too many confirmations that the price is going up that it is weird. Maybe we will have to increase our STOP LOSS orders to avoid "stop cleaning" that brokers often do (move the price on purpose to close much more buy orders they can and then price go in right direction). Reasons...

Broceta Updated 

Short sell on BTCUSD - resistance line, short term downtrend and indicators confirmation are my reasons for short sell. But still waiting for a right moment to buy long term!

Broceta Updated 

Forming of wave no IV, strong divergence and shooting star japanese candlestick and harmonic bearish pattern are reasons for this short sell! Have a good trade!

Broceta Updated 

Strong divergence on MACD and other oscillators, also price is in oversold zone on all indicators and many traders will accept that as BUY signal. But every time when we confronted indicators to a trend or elliot theory we were wrong. I suppose that it will be the same this time. You can go long but for short time (forming of wave IV in downtrend) and after that...

Broceta Updated 

Negative divergence on RSI, ending C wave on 88.6% fibo retracement of harmonic pattern.