Forexbae

    • ForexbaeForexbae
      ·2022-07-04

      Follow up of Meituan

      Back with another update on $MEITUAN-W(03690)$ Price is now moving in a wedge. expecting price break to the upside. last post still valid. With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position at the horizontal pullback support where the 23.6% Fibonacci retracement and ichimoku support is. Looking to play it back to the horizontal swing high in line with the 78.6% Fibonacci retracement. Alternatively, price may break structure and head for my stop loss where the next horizontal pullback support and 38.2% fibonacci retracement are.Entry: 185.4[Smile]  Take profit: 212.8[Cool]  Stop loss: 175.6[Cry] $Meituan 5xShortSG220216(DZXW.SI)$$M
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      Follow up of Meituan
    • ForexbaeForexbae
      ·2022-07-01

      Update on Meituan

      Hola guys! Another update on $MEITUAN-W(03690)$ Looking to play the bounce now.With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position at the horizontal pullback support where the 23.6% Fibonacci retracement and ichimoku support is. Looking to play it back to the horizontal swing high in line with the 78.6% Fibonacci retracement. Alternatively, price may break structure and head for my stop loss where the next horizontal pullback support and 38.2% fibonacci retracement are.Entry: 185.4[Smile] Take profit: 212.8[Miser] Stop loss: 175.6[Glance] $Meituan 5xShortSG220216(DZXW.SI)$ 
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      Update on Meituan
    • ForexbaeForexbae
      ·2022-06-27

      Waiting for break on Meituan

      Hola guys! Just a little update on $MEITUAN-W(03690)$ Looking to play the continuation now. With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position if price breaks the horizontal swing high resistance and 78.6% fibonacci retracement at 211.6 to my take profit at the next horizontal swing high resistance at 238.5 in line with the horizontal swing low resistance. Alternatively, price may break structure and head for my stop loss where the next horizontal swing low support and 23.6% fibonacci retracement.Entry: 89.05Take profit: 99.60Stop loss: 186.6$Meituan 5xShortSG220216(DZXW.SI)$ 
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      Waiting for break on Meituan
    • ForexbaeForexbae
      ·2022-06-24

      Update from last Kuaishou post.

      Hola guys! Just a little update on $KUAISHOU-W(01024)$ Since the last time I posted, price hasnt reallt moved. My idea has not been invalidated yet and im still bullish. With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position if price breaks the horizontal swing high resistance at 89.05 to my take profit at the next horizontal swing high resistance at 99.60 in line with the 78.6% fibonacci projection. Altertively, price may break structure and head for my stop loss where the next horizontal swing low support and 38.2% fibonacci retracement.Entry: 89.05[Smile] Take profit: 99.60[Miser] Stop loss: 79.75[Smug] 
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      Update from last Kuaishou post.
    • ForexbaeForexbae
      ·2022-06-22

      Thoughts on Kiaushou?

      Hola guys! Anyone looking at $KUAISHOU-W(01024)$ With price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position if price breaks the horizontal swing high resistance at 89.05 to my take profit at the next horizontal swing high resistance at 99.60 in line with the 78.6% fibonacci projection. Altertively, price may break structure and head for my stop loss where the next horizontal swing low support and 38.2% fibonacci retracement.Entry: 89.05Take profit: 99.60Stop loss: 79.75$Kuaisho 5xLongSG220808(DXDW.SI)$ $Kuaisho 5xShortSG220307(DJXW.SI)$ 
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      Thoughts on Kiaushou?
    • ForexbaeForexbae
      ·2022-06-21

      Buying Meituan anybody?

      Anyone looking at $MEITUAN-W(03690)$ with price moving above the ichimoku cloud and the current bullish trend, Im looking to get in on a buy position at the 23.6% Fibonacci retarcement to my take profit at the horizontal swing high resistance. Altertively, price may break structure and head for my stop loss where the next horizontal pullback support and 38.2% fibonacci retracement.Entry: 186.6[Smile] Take profit: 210[Miser] Stop loss: 175.8[Speechless] $Meituan 5xShortSG220216(DZXW.SI)$ $Meituan 5xLongSG220808(DMGW.SI)$ 
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      Buying Meituan anybody?
    • ForexbaeForexbae
      ·2022-06-17

      thoughts on Singtel?

      Hey everyone!Anyone looking at $SINGTEL(Z74.SI)$ with price moving below the ichimoku cloud and the current bearish pressure, Im looking to get in on a sell position at the horizontal pullback support to my take profit at the horizontal swing low support and 61.8% Fibonacci retracement. Altertively, price may break structure and head for my stop loss where the next horizontal pullback resistance is.Entry: 2.48[Smile] Take profit: 2.31[Happy] Stop loss: 2.58[Sigh] $Singtel 5xShortSG230713(DKMW.SI)$ $Singtel 5xLongSG231214(DBYW.SI)$ 
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      thoughts on Singtel?
    • ForexbaeForexbae
      ·2022-06-17

      thoughts on Singtel?

      Hey everyone!Anyone looking at $SINGTEL(Z74.SI)$ with price moving below the ichimoku cloud and the current bearish pressure, Im looking to get in on a sell position at the horizontal pullback support to my take profit at the horizontal swing low support and 61.8% Fibonacci retracement. Altertively, price may break structure and head for my stop loss where the next horizontal pullback resistance is.Entry: 2.48[Smile] Take profit: 2.31[Happy] Stop loss: 2.58[Sigh] $Singtel 5xShortSG230713(DKMW.SI)$ $Singtel 5xLongSG231214(DBYW.SI)$ 
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      thoughts on Singtel?
    • ForexbaeForexbae
      ·2022-06-16

      Thoughts on Tencent?

      Hey everyone!Anyone looking at $TENCENT(00700)$ Im looking to get in on a long position at the horizontal pullback support and 61.8% Fibonacci retracement level to my take profit at the horizontal swing high resistance. Altertively, price may break structure and head for my stop loss where the horizontal swing low support.Entry: 361.5Take profit: 405Stop loss: 331$Tencent 5xShortSG230202(DTCW.SI)$ $Tencent 5xLongSG220808(DDLW.SI)$ 
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      Thoughts on Tencent?
    • ForexbaeForexbae
      ·2022-06-15

      Thoughts on 1024?

      Hey everyone!Anyone looking at $KUAISHOU-W(01024)$ Im looking to get in on a long position at the horizontal swing low support and 23.6% Fibonacci retracement level to my take profit at the horizontal swing high resistance. Altertively, price may break structure and head for my stop loss where the horizontal pullback support, 61.8% Fib projection and 50% Fibonacci retracement level lines up.Entry:82.85[Smile] Take profit: 99.00[Miser] Stop loss: 72.25[OMG] $Kuaisho 5xLongSG220808(DXDW.SI)$ $Kuaisho 5xShortSG220307(DJXW.SI)$ 
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      Thoughts on 1024?
     
     
     
     

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