The_Waves

The_Waves

We have bounced off the 200 EMA on the daily chart . We are at support of the 34 ema on the weekly chart. We have had a long period of consolidation now. Corrections can happen with time or price. This has been a correction of time. The candle lows have been making higher lows and have been forming hammers on the daily chart . The higher lows on the daily chart...

The_Waves

We have bounced off the 200 EMA on the daily chart. We are at support of the 34 ema on the weekly chart. We have had a long period of consolidation now. Corrections can happen with time or price. This has been a correction of time. The candle lows have been making higher lows and have been forming hammers on the daily chart. The higher lows on the daily chart...

The_Waves

Quick trade for targets off the 3 min. Trying to post enough so people can see my trade ideas and judge for themselves.

The_Waves

Looking for a trend continuation trade. Good risk to reward here. Long in the wave and take 25% off at double top, 50% off between 1.318 and 1.618 and leave the rest on while trialing the stop below the swing lows.

The_Waves

This can take a long time as this is on the monthly chart. Maybe 3-6 years or something. There is some symmetry here and what looks like the start of a new uptrend. As long as the trend will continue we will reach these targets.

The_Waves

This is a more risky trade because it is a little extended. Able to have a tight stop loss for potential large gain so it seems worth the extra risk. Buying below the wave looking to take 50% off at double top area and the rest between 1.318 and 1.618. This may need a larger pullback to the 4 hour or daily so if that’s the case it will be a small loss.

The_Waves

Entry is tiered in 25% at first line, 50% at middle, 25% at bottom line. Stop a little below the wave. Take 25% off at double top, 50% off at 1.618, and leave the last 25% on in case it wants to keep pushing but make sure to trail up the stop on swing lows.

The_Waves

Late on this entry but realized I need to start posting charts so people can see what I do and how I trade. So this is my first ever public post. Shorting at the 34 ema on the daily looking for continuation to the downside. I am a trend follower so I expect to see higher highs or in this case lower lows. Ideally the entry would have been tiered in as we entered...