USDJPY BUY USDJPY sitting at solid support.. also at bottom of channel that it's been forming
The green circle is the buy zones and the arrows give you a sense of how I expect it to move...
simple break above trend, goes up and hits resistance, then falls down to the trend line to test and then go higher...
The price labels show where I plan to take partial profits as well as my final take profits.
Profits
SU Ready for Recovery? (>67% Potential Profits)Hello fellow traders,
Today we are looking at Suncor Energy Inc (SU) on the TSX. As we can see, following the COVID dump in March, the chart has printed a nice double bottom around $14 on the daily time frame. Prices have moved above all EMAs except for the 200 EMA , which is currently being tested for a breakout. We also see some large buying volume coming in recently, another bullish sign.
If prices can break above the 200 EMA , we can expect additional growth. Based on the VPVR, can also predict that prices will move fast between the $26-$36 range. So, keep your eye out for a breakout! A potential short-mid-term trade setup now would be:
Entry: $21.75-$23.75
Targets: $26.25 (+13%) | $29.50 (+27%) | $39.00 (+67%)
Stop loss: $19.50 (-10%)
Let me know what you guys think down below and leave a like if you appreciate the analysis. Also, check out some of my other ideas and follow my profile for more chart analyses and profitable trade setups! Thanks for reading :)
Price at writing: $23.21
Getting killer gains on Bitcoin !!!Welcome Back.
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We just got a red sell signal on the weekly for Bitcoin.
Were expecting a retest to 19800 and then probaly a little fall towards 18400.
Take you advantage as these trades usually lead to killer gains.
EURJPY 200 (more) PIPS 🇪🇺🇯🇵After banking a TAKE PROFIT of 150 PIPS, we are going for a LONG position once again.🥳🎉
If you check related ideas ( last time I used geometry on charts ), we banked 185 PIPS. 🤯
So, I basically used the same strategy, but in a different way. 🔥
We've banked over 400 pips so far THIS WEEK, and we will keep the streak. 💥💥
Dont forget to show us some love by following us, If you found our ideas useful.🙏🏾💚
USDWTI H4 - Long Trade SetupUSDWTI H4 - Video analysis with this one aswell, just looking and waiting patiently to see a retest of $43.50 a barrel, it's been a while since we broke this resistance price and we are just in bearish consolidation waiting to see if we can hit that big S/R retest number again. Yesterday we saw a stint downside to set a fresh low, so one more wave of consolidation could see us hit the zone we have our eyes on.