Short Silvergate on retraceThere's a lot of names being exposed during the current Crypto blowup. This is one of those names that those on the long side need to stay away from.
Downtrend
AUD-JPY Breakout Short! Sell!
Hello,Traders!
AUD-JPY is trading under
The falling resistance line
And after the retest of it
The pair broke the local
Rising support so I am now
Bearish biased and I think
That we will see a move down
Sell!
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GBP-NZD Risky Short! Sell!
Hello,Traders!
GBP-NZD is about to retest
The falling resistance line
And as the pair is in the downtrend
I am bearish biased
So I think the price
Will make a local pullback
Towards the target below
Sell!
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CADJPY - Potential Short PositionPlease give me some feedback and let me know what you think.
Multi time frame Analysis
1D time frame price is in a strong Downtrend giving a Short Bias
1H time frame price have retraced back to Fib Zone and bouncing off 50EMA and RSI is less than 50% signaling weakness
AUDNZD - Possible Short PositionPlease give me some feedback and let me know what you think.
Multi time frame Analysis
1D Time Frame price is in a steam strong downtrend and respecting 50EMA and bounce from trendline giving a Short Bias
1D Time Frame Fib retracement zone lines up with trendline and 50EMA signaling a strong zone
1H time frame price current Long Bias as price broke trend line and structure, this signals a start of the retracement
Setup and Entry
Wait for price to reach Fib Zone and clear Price Action reacting to Zone
Enter at the break of the short term Trendline and 50EMA
✅AUD_JPY POTENTIAL SHORT🔥
✅AUD_JPY is trading in a downtrend
Along the falling resistance line
Which makes me bearish biased
And the pair is about to retest the resistance
Thus, a pullback and a move down are expected
With the target of retesting the level below
SHORT🔥
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Dow Jones Industrial Index - Sketch Long Term - Tough Market!Dow Jones Industrial Index - Sketch Long Term - Harmonic pattern. Without Monthly, Weekly, Daily levels. Be interesting to draw these Support resistance levels for confluence. My idea.
Dow Jones Industrial Index - Sketch Long Term Dow Jones Industrial Index - Sketch Long Term - Harmonic pattern. Without Monthly, Weekly, Daily levels. Be interesting to draw these Support resistance levels for confluence. My idea.