Long Position: When an investor takes a long position, they are buying shares with the expectation that the price will go up. For example, if you buy 100 shares of a company, you are said to be "long" those shares. The goal is to sell them at a higher price in the future and make a profit
Long Position: When an investor takes a long position, they are buying shares with the expectation that the price will go up. For example, if you buy 100 shares of a company, you are said to be "long" those shares. The goal is to sell them at a higher price in the future and make a profit
LONG #BOMEUSDT from $0.01325 stop loss $0.011 1h TF. The asset moves in a parallel channel after correction. There are horizontal resistance levels. Now we are waiting for the price correction to the lower slope of the channel and a rebound from the level, we pushed off from the support level of ~ 0.0125 $, then we open a long and move in an uptrend
Hello traders, The EUR/CAD setup looks promising. I have marked the important key level and my potential short position idea. I will provide an update if the market changes. Wishing you blue digits on your trading platform!
31st May DXY: Core PCE release today, Looking for reaction at 105 resistance NZDUSD: Sell 0.6070 SL 20 TP 75 AUDUSD: Buy 0.6660 SL 20 TP 50 USDJPY: Buy 157.10 SL 30 TP 80 GBPUSD: Sell 1.2680 SL 20 TP 75 (Hesitation at 1.2345) EURUSD: Sell 1.0780 SL 20 TP 50 USDCHF: Sel 0.9090 SL 20 TP 65 USDCAD: Buy 1.3690 SL 30 TP 40 Gold: Slight downside from...
📊#ORDI reaches the staged target area✔️ 🧠Structurally, we can see that a double bottom bullish structure has been constructed near the buy zone, and we use this structure as support to start the uptrend.📈 ➡️The limit order we placed in advance on May 18th successfully hit the entry point on May 24th, and then started a strong rebound. It has now reached the...
Gold experienced a notable rebound on Thursday after the second estimate of US first-quarter GDP growth revealed a downward revision to an annualized 1.3% from the initial estimate of 1.6%. This revision reflects weaker consumer spending, which has important implications for inflation and monetary policy. The slower GDP growth is attributed to a decline in...
Why I think a bullish reversal is coming: 1. Doji in a downtrend 2. Stoch <20 : extreme oversold 3. At major demand zone Risk reward is 1:6 Stop is below doji candle low
I have rules that I try to stick to when I'm trading but I'm also happy to break them if the conditions are right. Since early this morning the USD/CHF has sold off aggressively, encouraged by the weak(ish) Prelim GDP that came in 1.3% against 1.2% but it looks like the market was expecting better. The mood for USD BULLS wasn't lightened 90 minutes later when the...
Hello everyone, what are your thoughts on BTC/USDT? Currently, BTC/USDT is trading around $68,500 and moving within a descending channel on the 4-hour chart. However, from a long-term perspective, a flag pattern has formed, and we are awaiting a breakout to signal a continued increase in the coin's value! My target remains the same; I am looking forward to...
Sure, here is the revised version in English: Hello everyone, today the EUR/USD remains in a downtrend. Despite a brief recovery yesterday, the pair continues to head towards the 1.0800 level in the early trading hours of the final session of the week. The outlook still favors sellers as EUR/USD remains below several key resistance levels and follows the...
that s my set up for gbp/jpy i wait for that entry confirmation up to you guys whitch one you pick G/j is in a down trend and i aspect a continuation let s see how it gonna play out
The giant for now is neatural to bearish, the biggest reason that it was up was duo to NVIDIA adding 20 points to this However i was never comfortable trading SPX or the equivalent US500 cause i don't like surprises, but for those who do trade it, well, here it is, figure this out
My positions SHORT EUR/USD and GBP/USD have been closed as its evident that SELLERS are now pushing the USD south. With that in mind, I'mnow SHORT USD/CAD. I was looking for this pair to reach the WR1 weekly pivot at 1.3744 but it now looks like this was a level too far and price has reversed 9 pips short of that target. RSI on H1 has been over 70 for several...
The pair has moved according to my expectation. We spiked, but higher then my profit target, which was met and had slightly better outcome around 18.6750. we moved between 18.5650-18.7500 area and that is where we are stationed now. Strategy is SELL @ 18.7350-18.7950 and place SL above 18.8150 and resell when near 19.0000. Profit order @ 18.5350 for now.
Hello friends. According to the drawn channel, I expect a correction towards the midline range. what is your opinion? Good luck. # Let's look simply
Hello friends. According to the drawn lines and the reaction we had, I expect to rise up to the specified range. what is your opinion? Good luck. # Let's look simply
BOX breakdown in Sun Pharma. Pharma Index trading in a range since 3months and is on upper resistance. Supporting Indicators for the Trade: Bearish Range shift (RSI) Walking on Lower Band (BB) T-1 1392 T-2 1350 T-3 1313 T-4 1271