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Trading ADA/USD in an hour swing never failedNot intended to be a piece of financial advice. Trading ADA/USD in an hour swing. It never failed; it barely fails. All I am concerned is about the signal's appearance. That will be all. Did I do any fundamental analysis? Not a bit. I agreed with Technical Analysis (TA) based on algorithmic calculations. Every single trade is profitable. Did I sleep well? Maybe not. I had my alerts placed on. Once the trade executed, nothing could disturb my sleep at all. Unless there's a new alert emerged. Have a sneak peak of the chart. Picture worth a million words.
COINBASE:ADAUSD
by coreSATS
5
CADJPY: Classic Trend-Following Setup 🇨🇦🇯🇵 Hey traders, CADJPY is trading in a long-term bullish trend. Reaching a new high the market started a correctional movement. For more than a month, the pair was steadily falling within a bullish flag pattern. Yesterday, its resistance was finally broken. I believe that such a breakout may initiate a bullish trend continuation. Goals: 102.7 / 104.5 ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Long
by VasilyTrader
4
XAUUSD ANALYSIS FOR JUNE 2022OANDA:XAUUSD Here we can see the monthly candle of May is about to close below the minor support. Therefore, the next month has a clear way down to the next support at 1772.200. The price of gold will most likely decrease this month and it may encounter some sort of difficulty at 1831. However, there is a clean traffic to the left and there is a high probability it will hit the predefined target, unless any external force influences the market, such as further escalation of war in Ukraine. Thank you for your attention, Ross.
OANDA:XAUUSD
by rossty777
3
$UVV Beautiful setup IMOHighly recommend reading Stan Weinstein's book - Secrets for profiting in Bull and Bear Markets Whole entire book is worth it's weight in gold. He argues one of the best if not the best reversal pattern is the inverse head and shoulders. In my opinion UVV is setup beautifully and has just broken out of the "neckline". Further, stock is healthy - price trading above weekly 30 and 10MA Really love this setup, even if I'm wrong (highly likely), I'm going into this trade idea happy to have just found this setup. Options are not very liquid, the only downside to this idea. Probably should have done shares, I didn't get a great fill but I'm swinging this a month out (at least) so if my thesis is correct , it won't matter. TA implies the measure move is from bottom of "head" to neckline, or $22 , therefore target would be $83 with this set up in coming months - year Also volume buy spikes indicates long base of accumulation by institutions. Note - as with ALL breakouts, watch for a retest bounce, any pullback is a chance to add for this idea IMO, a break below the 10wk MA mitigate risk, break below 30wk MA invalidates trade. Will be happy if I'm right and happy if I'm wrong - setup is beautiful Cheers
NYSE:UVVLong
by FriscoTrades