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Downtrend

JICPT| EURUSD daily short setup(1.0174-1.0213) with T1 & T2Hello everyone. Euro has been struggling around 1 against the dollar for sometime. This is a simple short setup on the daily chart with reasons below: 1. Downtrend line 2. 61.8% fib retracement 3. not bad supply zone I'd like to set an alert round the zone. Zoom in on the 4H or 1H for reversal pattern. Fundamentally, I do think the worst is yet to come. The energy crisis is expected to be even worse in the winter. I don't think market has fully priced in. Previously low 0.9875 would be target 1. I use measured move ab=cd to guess the aggressive target which is around 0.9564. What do you think? Give me a like if you're with me.
Short
by JICPT
1
RUSSELL 2000 IWN is approaching a key levelIWN as shown on the weekly chart has been obviously in a downtrend as also shown by the EMA ribbon. Using the uptrend from the Covid crash into November 2021 and then a retracement from that, IWN is approchaing the 38.2 Fibonacci level at 128 From there it could bounce up or continue the downtrend. The Mass Index being below 27 suggests a continuation before any potential reversal. The MACD indicator shows the MACD in blue crossing down on the signal in red. This also suggests more downtrend. All in all, this analysis is bearish on the Russell index and its ETF.
AMEX:IWN
by AwesomeAvani
btc neutral no down no break out why ? THE REAL CRASH IS COMING… buy or not buy , Bitcoin has nearly satisfied its purpose of eliminating middlemen from transactions and improving financial democracy. More than a decade since its emergence, the asset has been attractive to millions of users worldwide and still dominates the total value share of the crypto market. Interestingly, a crypto locksmith identified as “Or Weinberger” has made a profound discovery about a decision that could have given the asset a different name. On Aug. 18, 2008, Bitcoin.org, the domain linked to Bitcoin, was registered by Satoshi Nakamoto under AnonymousSpeech, a Japan-based service that allows users to purchase domains anonymously. Interestingly, it has been observed that he also purchased a domain called Netcoin.org under AnonymousSpeech on Aug.17, 2008
by Tayyab1211
2
GOLD MAY FROM ANYWHERE FROM THE 1771 - 1790 ZONES. Hi Traders, I believe very strongly that the drastic fall in gold that we saw last week is too steep for us not to see some level of retracements which is what we have seen this week. I also think the retracement may be over and this pair may drop anywhere from 1771 - 1790 zone. I will stay away from gold sell and watch price action for possible buy opportunities if I see a daily close above 1833. Trade with care and apply proper risk management. Best of luck and have a pipful day in the market.
FOREXCOM:XAUUSDShort
by Olajireolapoju
1
Towards more downfall as the Feds rising rate hikesThis Wednesday in a morning and at 2pm. Powell will be on a stand to go aggressive the inflation rising another rate hikes.. Most to see the market to crash.. short retrace for Ethereum but the bears shows more strength resistance are stronger and the bears as well. Target will be 1000 then 860… the. Throughout end of the month into October should drop down to 500 or 400 area. Stop saying we are bottomed, we are not bottom yet.
BITSTAMP:ETHUSDShort
by JoyBoyVegae
1
EUR/GBPMaybe a potential short trade for the EUR/GBP? - BoE is bound to come with a 75 Basis point increase on the interest rate Thursday . - England are experiencing way tougher inflation than the European regions. - RSI are already/close to signal a overbought signal, therefore a back-trace to more normal levels would be ideal - ADX also showing a strong upward trend, been doing so for days, but should change direction, if my guts are correct. lets see what happens in the coming week.
Short
by Hvalp
2