Take-Two: Tug of warTake-Two has continued to move sideways above the $130.34 mark over the past two weeks. We primarily expect a resumption of the rise into our beige Target Zone (coordinates: $241.59 - $257.87) to end the beige wave (B) there. However, an alternative scenario (33% likely) will come into play if the stock falls below support at $130.34 which calls for a direct drop to end blue wave alt. (II).
Take
EURUSD SHORT WEDNESDAY 6/29DOA
-Killzone Time: 6:45AM CST
-Session: New York
-Time of Execution: 7:15AM
-Date: 6/29/2022
-Day of Week: Wednesday
Entry
-POI: Market Open OTE
-Risk to Reward: 1:3
-Position: Sell by Market
-SL: 16.2
-TP: 49.9
Moral
-Market Opened up smart money accumulated shorts
-ICT OTE
-Aggressive Entry 15min FVG Mitigated as well
-Market Broke to downside during previous days NY Sesh
-Anticipated to Short higher but went with market open OTE
Results
-Both Target Reached
-Took Profits at 32pips (1k Day)
-USD Final GDP Released @ 7:30AM
-Price instantly went into profit, pulled back to mitigate 15min FVG then shot down to both targets
Lesson
-YOU WERE RIGHT
-Master OTE bc it PAYS
-You SEE what YOU SEE
-You KNOW what YOU KNOW
-Take the trade and don't look back
-Don't seek confirmation from others
-Trust yourself
-Keep Studying, you get better every time!!!
SOLUSDT VETUSDT ETHUSDT BTCUSDT Pump & UpdateHey, Been a few days, i started a T-Shirt designing brand of all things. Obnoxiously Humorous T-Shirt and been doing that the last week or more while its been boring waiting for markets. Can find it by the same name on Facebook group & page.
Now, when the market pumps like this you might get more out of it over the weekend. But its a strong pump and a good point to take little profits off the table on those trades I recorded about last week or so ago on VETUSDT, DOTUSDT.
Take profits. Taking a profit is never a bad thing. A win is a win and you live to fight another day. If you die you can't fight at all. Any win is a good win.
SOL bounced amazing exactly as predicted. The evidence is in my prior vid.
Check ya next time. Be patient things will pick up into Christmas and after. Very surprised if it goes the other way.
Risk FreeManaging positions is one of the most important things
in trading. You need to know when to place a position risk
free and when to place your S.l. in profit. I always put
my positions risk-free when the trend breaks a key level.
From there, I change my S.l. every time the price keep
pushing
XAUUSD TO 1777 CONFLUENCE COUNT
1. THREE WEEKLY CANDLE REJECTION AT PREVIOUS MONTHLY SUPPORT @1686
2. MARCH 15 WEEKLY CANDLE CLOSE ABOVE PREVIOUS MONTHLY RES @1733
3. MARCH 22 WEEKLY CANDLE FINDS NEW SUPPORT AT PREVIOUS MONTHLY RES OF @1733 NOW TURNED SUPPORT.
4. MARCH 29 CANDLE RETEST PREVIOUS MONTHLY SUPPORT OF @1686 ( MAJOR REJECTION )
5. APRIL 5 CANDLE OPENS BULLISH LOOKING FOR CONTINUATION AND FURTHER BREAKING PREVIOUS RES OF @1733
ALSO BULLISH PENANT FORMATION ON 1H TIMEFRAME
6. POTENTIAL RETEST OF MONTHLY RES @1777 WHICH IS ALSO A 50% FIB RETRACE ON OUR MONTHLY TIMEFRAME
7. BUY ENTRY POSITION @1733 .
TAKEPROFIT @1777
8. STOP LOSS SET @1725 DEPENDING ON RISK MANAGEMENT.
TAKE SOLUTIONS - Bull Pennant Breakout - Swing TradeThis analysis is purely based on price action and Chart Patterns.
The analysis is on daily TF hence target can be achieved in couple of days to weeks.
Logic, Entry, SL and Targets are clearly explained in the main image itself. Feel Free to comment for any queries regarding the above stock or price action analysis in general.
Another image explaining the same analysis is linked herewith -
I have analyzed the same stock few months ago as well. Do check that out. It is available in the linked ideas.
Don't chase the price. Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
TTWO Bullish Trade Setup (Leaps or Verticals)TTWO current consolidation pattern presenting some good opportunity to establish some Leaps expiring 2021. Current support level for wave (4) at 149.5 setting up for a medium term wave (5) rally that could last for months. Check Video Update for exact trade execution details
Cisco Long in a few daysHey everyone,
after the destructive earnings the stock is in a current downtrend. I hope it will turn at the 61er retracement. The buy area is placed and a good chance to set a stop buy. The RSI also give a good buy signal. In case the stock doesn't change the direction, you can also hold the position as a dividend position (3,5%).
Stop Buy: 38.75$
( Stop: 38.10$ )
Take Profit: 48$
Much fun with that trade!
Leave a follow please, my goal is 200 :)