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Bad news for shorts?Volume means activity. These volume spikes concern me - something happened. While I will never find out what exactly that was, judging by the fact that the first spike occured almost on the very top (left shoulder, even before I was bearish on this pair - which makes sense) and that we have just had the second spike at the bottom, after the pair fell considerably, I suppose... someone made a lot of money. Now why this someone has just closed his/her profitable short here? I guess he/she knows something. But what? Actually I really want cable to drop to 1.35 and below, if possible. Sorry, good people of the UK. Hi, Mr. Soros! P.S. Spikes like these can also be found of other pairs. And put together they make little sense ;)
Short
by UnknownUnicorn135402
1
EURUSD SHORT LONG TIME FANTASTIC POTENTIAL STRONG LEVELS £$ Drawn S/R horizontal lines on W1 very strong levels coincide with diagional ray and key Fibonacci levels. Fib retrace shows 23.6% reversal occurring, Ichimoku suggesting a bounce off kumo - Channel Commodity Index reverse also respecting diagonal channel. First target 0% on Fib retrace, trailing stop from then on - Stop based on historical kijun-sen flat line, slightly above visual red stop level on short position target Good luck and happy trading!
Short
by XavierAlexander
2
IBM Bump & DropFollowing current trends I want to call a price somewhere around $118 going into as far as 2016. It really doesn't look like this company has any more room to grow and a fall in share price is coming. I have a feeling IBM will gain a bit more, possibly testing resistance again up around $205 making a good area to get shorts in. The resistance arcs are more for arch views than any real calculation, the idea is the general reverse bowl shape being formed. - - - - - All opinions expressed by Emuffn3 on this website are solely Emuffn3’s opinions and do not reflect the opinions of TradingView, or their affiliates. You should not treat any opinion expressed by Emuffn3 as a specific inducement to make a particular investment or follow a particular strategy, but only as an expression of his opinion. Emuffn3’s opinions are based upon information he considers reliable, but neither TradingView nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Emuffn3 is not under any obligation to update or correct any information provided on this website. Emuffn3’s statements and opinions are subject to change without notice. Past performance is not indicative of future results. Neither Emuffn3 nor TradingView guarantees any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned on this website not be suitable for you. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned. Before acting on information on this website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser. Cheers!~ & Happy Trading! Hold of on any real orders till we see motion one way or another, my outlook however, is quite bearish.
NYSE:IBMShort
by Emuffn3