AXL is down from entry and has tagged the previous weekly entry that sent price down 32% and then up 500% (47 cents entry to 32 cents low, and finally a rally to $2.7). Price has retraced this move back to the previous entry of 47 cents AND made another weekly entry at 57 cents. Targets based on the risk from that entry have been drawn. Yellow Stop loss of -20%...
Look at this reversed from exact level from where I told you guys look at previous post and see for yourself
If we encounter a gap that needs to be filled, we opted for a 1:4 trade, indicating the necessity to address this gap. This decision was prompted by our deviation from the established sideways trend and supported by several technical confirmations that guided us to follow and stay informed.
XLM has broken back above old support. History shows us that every time it has reached the above resistance. If it was to retrace and show that it held support, then I would take the long to the above resistance. I will update if the opportunity arises so make sure to follow!
The 61.8% retracement level is considered significant because it represents a deep retracement that often occurs before the price resumes its trend in the original direction. However, it's important to note that no retracement level is foolproof and that traders should always use additional analysis and risk management techniques when making trading...
swing trade perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
Here we have a textbook example of my formulated demand and supply trading formula.
Rolls Royce (RR.) - 30d expiry- We look to Buy at 79.07 (stop at 75.15) Short term bias has turned positive. Levels close to the 50% pullback level of 79.62 found buyers. Levels below 80.00 continue to attract buyers. We look to buy dips. Daily signals are mildly bullish. Our profit targets will be 88.88 and 90.88 Resistance: 90.00 / 94.80 /...
Potential upside move for USDJPY with good RR on 15min TF.
I believe that the last retracement of the price towards the trend line on EURUSD was due to the pressure of the ECB to contain inflation recently. Certainly, there were rumors that the Russia-Ukraine conflict might be taking a turn. Considered the possibility that the Ukraine-Russia conflict would escalate, and sure enough. The best opportunity given this...
With a rapid rise there is almost always a rapid drop in price, especially with the recent energy news, be ready for a storm as we are potentially in an even wors recession, mark my words. September will be crazy!!!!!!
hey guys , TIME TECHNOPLAST stock was moving in a uptrend in a fixed area and now this stock has touched it's support area and made a candle called A MORNING STAR i have marked the RR RATIO for you , you can see the target and sl by zooming in the above image RR RATIO is 3:1 try to trade according to that ratio or adjust it accordingly to you TIME TECHNOPLAST 😀😀
hey guys , COFORGE stock is showing signs of UPTREND, this stock was moving in a fixed downtrend , 2-3 weeks before this stock has crossed it's RESISTANCE and broke the DOWNTREND AREA . After breaking that area , the stock has retested But instead of going into a straight uptrend , this stock started to follow a pattern called TRIANGLE PATTERN and now this...
Keeping it simple guys Entry: 80 cents Exit: 79 cents Stop Loss: 25 pips Take Profit: 100 pips Risk/Reward: 1:4 1 win on this trade will cover 3 losses. For more high reward low risk trades follow for more trade alerts
hey guys , just found a good stock to talk about , HDFC BANK was moving in a great downtrend . This stock was following a pattern called DESCENDING TRIANGLE 📐 PATTERN previously also , this stock has tried to cross his resistance and to break hi pattern, but it FAILED and it resulted to BULL TRAP for TRADERS but now this stock has again broke his...
BTC Long entry area:19690 TP1:20050---R/R: 2.4 TP2:20275---R/R: 3.9 TP3:20700---R/R: 6.7 TP4:21200---R/R: 10 SL:19540 BINGX:BTCUSDT
based on previous analysis which is linked below, I'm sure about bearish market and losing bottom (26.7 k) for catching an interesting opportunity, I suggest this long position .... bermuda on 29K is a strong level to support BTC, in addition the yellow trend line make a tempting liquidity for big boys to fill their buy orders I expect reversal pivot on purple...
Hello traders, Let me make is simple on this 4H chart. Price took a week to rise up to the pressure zone 1.05-1.06 with 5 waves . You can say it is not easy for it. With strong possible bearish signal on 4h chart, that the final candle will finish in 2 hrs, you can say that sideways price action inside the circle is going to finish with a bearish candle which...