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Bigshortxl

Re distribution Next event!Welcome to thunderboy21 technical analysis, Here you see 2 parts on the chart that are very similar to each other, as i have said is my previous Post i was looking at this fractal from above distribution and projected it on this price action. i shorted the top via this fractal for a 20% move down ( Did not expect that fast ) i think this is just going to play out, first on the rise up to 49k ish everyone gets ultra bullish and fomo longs, only to sell into the bigger sell orders that are waiting at these levels. in the next post i will post the picture of this .618 - .66 fib with all the confluence i found! Make sure you check it out! SMASH that like button ! Follow for more great insights! that is thunderboy21 signing out
BYBIT:BTCUSD.PShort
by Thunderboy21
2
US30 SELL SHORT 1H DTClear double top indicated across time frames around 26,300-26,400, clearly seen on 1h chart as well as 4h. Neck line break following a 800 dollar drop below 25,500 with a daily close. Following a neck line break the expected drop is equal to the distance between neckline to tops, meaning 800. Target stands on 24,600-800 for now. The fundamentals remain uncertain as infections rate grow stronger globally together with lack of consistent confidence. Holiday season 2020 remains massively uncertain as well, threatening multiple huge industries. Strong combination of technical and fundamental confirmation.
OANDA:US30USDShort
by Exactus
EUR/AUD THE BIG SHORT!!Looking at the chart you can see the price at the daily resistance level (1.63300) were its rejected twice from here and indicates a likely reversal. Hopefull or stupid ill soon find out but im expecting a drop to 1.61050 if no support is found at this level expect this to plummet and retest 1.57250 area. If you go over the the 4hr youll see again a double top were the price both times exceeded 1.63533 and rejected, this to me shows clear signs this market is heading down. Ill be placing a sell at 1.6300 looking for a big move down to 1.61050. Good luck
Short
by RustyTrading