$MESA can rise in the next daysContextual immersion trading strategy idea.
Mesa Air Group, Inc. operates as the holding company for Mesa Airlines, Inc., which provides regional air carrier services under capacity purchase agreements with American Airlines and United Airlines.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $4,30;
stop-loss — $3,73.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Momentumstrategy
How should we trade a Pennant Pattern? Real ExampleToday we have another Academy Post. In this article, we will explain the way we trade pennant patterns on a real setup.
FIRST STEP: Understand the context
-In this case, we have the price inside an ascending channel (that provide us a bullish direction)
-The price is at All-time Highs ( Next Resistance zone, the upper trendline of the channel)
-The price is above a previous Resistance zone (we can deduce Strenght of the price)
SECOND STEP: Creating a Setup
-Now that we have a clear idea about the bullish potential and free path towards the next resistance zone (upper trendline of the channel), we need to develop a setup
-First of all, we need a valid Structure. In this case, a pennant structure to be valid needs an ABCDE formation; the reason is that if we wait for those 5 Waves, we can have a clear idea of the breakout level (The lower and Higher trendline have been tested multiple times, based on that we can set our orders with confidence)
- A setup is composed of 4 items
a) Entry Level: Above B (check the pennant theory)
b) Stop level: Below C
c) Take Profit level: On the 2nd Fibo Extension or in the next resistance zone
d) Break-Even level: First Fibo Extension.
-Only trade if your Risk Reward ratio is above 1.5 ( that means that for every dollar you are risking, you expect to make 1.5)
THIRD STEP: Define your Risk and Follow your rules.
-Only use 1% of your capital on any given trade. That way, you will protect the most important thing as a trader. Your money and your mind
-Follow your rules: The reason you want to have a clear Stop, Take profit, entry, and Break-Even is to act only if the price reaches one of those. otherways, DO NOT TOUCH ANYTHING
-Accept that Stop losses are part of any system: You don't need "90% accuracy"; you need to be right half of the time and a risk-reward ratio above 1.5 to be profitable.
Trade Safe, Thanks for reading!
$SQNS can rise in the next daysContextual immersion trading strategy idea.
Sequans Communications S.A. develops and provides 5G and 4G chips and modules for massive, broadband, and critical Internet of Things (IoT) markets.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $4,61;
stop-loss — $4,31.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$APWC can rise in the next daysContextual immersion trading strategy idea.
Asia Pacific Wire & Cable Corporation Limited, through its subsidiaries, manufactures and distributes telecommunications, power cable, and enameled and electronic wire products in Singapore, Thailand, Australia, the People's Republic of China, and other markets in the Asia Pacific region.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $2,15;
stop-loss — $1,67.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$CLPT can rise in the next daysContextual immersion trading strategy idea.
ClearPoint Neuro, Inc. operates as a medical device company primarily in the United States.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $8,00;
stop-loss — $7,31.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$SMMT can rise in the next daysContextual immersion trading strategy idea.
Summit Therapeutics Inc., a biopharmaceutical company, discovers, develops, and commercializes medicines to treat infectious diseases in the United States, Latin America, and Europe.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $4,11;
stop-loss — $3,70.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
AUDUSD should pull back lowerAudusd is caught in overall channelling. Both buyers and sellers are compelling strong, while the overall channel is in sellers territory.
It is hard to know which side should continue trending move, but we can still trade it well.
We are looking this trade as potential if price broke through first support level at price 0.72363. Sellers might push price lower to our first target at 0.71612.
First target is very important for buyers too, so we will be looking this very closely. That means, we have to follow lower timeframe momentum too, when one side will made a breaking/ bouncing decision.
Sellers next target is at 0.70831. Setting up Stop Loss to break even and following it lower...
If price will bounce, we have to wait for more patterns and fact data.
We hope this was helpful.
Good trading Elite traders.
ELitefxacademy
$CNNE can rise in the next daysContextual immersion trading strategy idea.
Cannae Holdings, Inc. is a principal investment firm. The firm primarily invests in restaurants, technology-enabled healthcare services, financial services, and more.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $41,67;
stop-loss — $39,58.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$ONCS can rise in the next daysContextual immersion trading strategy idea.
OncoSec Medical Incorporated, a biotechnology company, focuses on developing cytokine-based intratumoral immunotherapies to stimulate the body's immune system to target and attack cancer.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $5,18;
stop-loss — $4,51.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$BFT can rise in the next daysContextual immersion trading strategy idea.
Foley Trasimene Acquisition Corp . II intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in financial technology, or information and business services.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $10,28;
stop-loss — $9,87.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$TOUR can rise in the next daysContextual immersion trading strategy idea.
Tuniu Corporation operates as an online leisure travel company.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,53;
stop-loss — $1,13.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$CO can rise in the next daysContextual immersion trading strategy idea.
Global Cord Blood Corporation, together with its subsidiaries, provides umbilical cord blood storage and ancillary services in the People's Republic of China.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $4,12;
stop-loss — $3,92.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$SUP can rise in the next daysContextual immersion trading strategy idea.
Superior Industries International, Inc. designs, manufactures and sells aluminum wheels to the original equipment manufacturers and aftermarket distributors in North America and Europe.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $2,34;
stop-loss — $1,82.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$ACB can rise in the next daysContextual immersion trading strategy idea.
Aurora Cannabis Inc. produces and distributes medical cannabis products worldwide.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $6,27;
stop-loss — $4,87.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$DXYN can rise in the next daysContextual immersion trading strategy idea.
The Dixie Group, Inc. manufactures, markets, and sells floorcovering products for residential and commercial applications in North America and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $1,31;
stop-loss — $1,09.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
Pennant pattern on AMD / Long perspective and some theoryToday we have a long set up to share on the Stock Market. Here you will have a full explanation of it.
a) What is a continuation pattern? A continuation pattern is a structure that comes after a bullish or bearish movement. The main characteristic is that is a sideways period that tends to have 3 forms a) Zig-Zag (also known as a flag, pennants), Triangles ( composed by an ABCDE), and Flats (literally are rectangles structures)
b) When we spot a corrective structure (in an appropriate context), we can project the coming movement using Fibonacci Extensions
c) Here, we can see 2 corrective structures on the same chart. The one we are interested in right now is the current pennant pattern
d) If we have a breakout of the structure above B, we expect a continuation movement towards the 2nd Fibonacci Extension
e) When trading these structures, Orders can be set above B (if we are in a bullish scenario). The stop should be set below C, and the Target can be set using Fibonacci Extensions as we explained before
f) Remember that another key aspect of trading is Risk Management. If you are about to trade, define a specific risk according to your account. Trade safe and protect your capital!
GOLD two possible paths on the current situationMain items we can see on the chart right now:
a) The price is on a support level, and it's an important zone to pay attention to. From here, we will understand the directions we can expect
b) The descending trendline of the corrective structure (white line) has been broken, and it's outside of it
c) If the price bounce from this level, we can expect a movement towards the purple line as a short term bullish target
d) If the price breaks the support zone, we can expect a move towards the next Support/Resistance zone as a short term bearish target
Swing Trade Long - Tesla (TSLA)A systematic breakout strategy designed to capture short-term trends.
Buy Stop @ 425.70
Stop Loss @ 378.92
Take Profit @ 485.06
If orders are not filled, cancel orders at the end of the trading session.
The stop loss and take profit orders factors in volatility and therefore can move higher or lower.
Orders are updated daily before market open.
Cut losses early, let profits run!
Never risk more than you can lose.
Long to 0.382 or Completion of Second Square (250%-350% Gain) If you have any questions, let me know. I am too tired to try to explain the thought process here. I'm hoping you will understand this analysis, based upon what you can see and read. The first target is expected around 90 days from now, while the second target is expected around 190 days from now. Buy: 0.5899, Sell: 2.1099 and 2.699, Stop Loss: 0.5600.
$SOLO can rise in the next daysContextual immersion trading strategy idea.
Electrameccanica Vehicles Corp., a development-stage company, develops, manufactures, and sells electric vehicles in Canada.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $3,23;
stop-loss — $2,71.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$ANDE can rise in the next daysContextual immersion trading strategy idea.
The Andersons, Inc., an agriculture company, operates in the grain, ethanol, plant nutrient, and rail sectors in the United States and internationally.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $21,75;
stop-loss — $20,16.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!
$ANET can rise in the next daysContextual immersion trading strategy idea.
Arista Networks, Inc. develops, markets, and sells cloud networking solutions in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
The demand for shares of the company looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $228,25;
stop-loss — $219,70.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
If you like my content, you can subscribe to the news and receive my fresh ideas.
Thanks for being with me!