Selling
sell orderthe downward trend is still not over. Since the levels of the downtrend were broken through. We expect the price to go down to the bills of the Fibonacci trend. It is natural to expect a miracle not to be worth and a long-term transaction. We have a good price to sell from the levels that we see in the picture. the mid-term will still be ascending and the longevity can already begin from the middle of February
Downward correction for AUDJPY to X-Lines level 87.795Downward correction for AUDJPY to X-Lines level 87.795 after active distribution.
AUD/JPY 1,740+ BEARISH SELL!The AUD/JPY Monthly time frame is in a large sideways movement. The market created a down ABCD swing from resistance towards support with a D extension price point 69.10 about +1,740 Pips bearish. The market is at a high price hitting a future resistance and showing great bearish signs. I'm sowing you on the Daily time frame where I plan to enter, because it gives you a much clearer picture. Stop will go 10 pips above MOST RECENT high. Happy Trading :)
TYHT: End of Week Winner (Loser)TYHT Poised for an afternoon sell-off!
Here is my set up and thesis:
MACD stumbling around the average,
The price is bullied up 30% today, well above 100 and 200 day MA's.
RSI is showing overbought at value=70
Entry: 3.64 Add if goes to 3.7
SL 3.83
TP 1: 3.52 (40% position)
TP 2: 3.45 (50% posiotion)
TP 3: 3.23 (10% position)
Good luck, happy Friday!
Another entry on EU SELLLil retrace on the the EURUSD chart till the S1 and 61.8 fib retrace, I expect further downside movement till 1.165.
Eur/Jpy nice SellA good sell is coming for E/jpy, sell with big lot and thanks me later tho :)
Tp2 can be: 129.600
BeratTp: 129.000
GBP/USD Forecast August 28, 2017, Technical AnalysisThe GBP/USD pair gained rapidly during the day as Janet Yellen started giving her speech in Wyoming. We have broken above the 1.2850 level, and also tested and broke the 1.29 handle. That’s an area that could have caused a bit of selling pressure though,but the pair run and reached 1.30 level before succumbing to selling pressure. Because of this, I’m will only be selling the highs on this pair this week. I am not interested in buying the British pound right now, because it has broken down rather significantly, and in the recent past. While the Federal Reserve may be somewhat dovish, at the end of the day the British pound has more issues.
Good luch this week.
potential short on USDJPYHey traders
Here we have a potentially nice setup forming.
Price has reversed within the 50.0% & 61.8% fib retracement.
Price has reversed on previous structure formed earlier this month.
Multiple lower lows and lower highs forming.
MA lines have crossed showing a change in trend on the hourly chart.
RSI has touched the 30% oversold mark previously but selling has continued to keep price bearish.
I know some traders have already entered this trade, however i'm going to wait until price moves below the current structure zone it sitting on, this move may only be a matter of hours.
So potentially enter around:112.75
TP1: 112.00
TP2: 110.00
SL: 113.50
Good luck traders, let me know your thoughts.
Plan your trade, trade your plan.
Selling Position - NZD/JPYSimilar to CAD/JPY this pair has increased a lot in 1 month by about 6% so with that being said my technical's are showing me that the RSI has hit overbought regions and the stochastic has now start to head down and with NZD hitting recent highs in nearly all majors & lastly it closed below the resistance line which has been around since 2015 and also the trend line (4 confirmations of a sell).
I sense a fatigue hitting the NZD and with an election coming soon in New Zealand. My conclusion is that for the medium term that this is a SELL
NZD/USD SELL AFTER Test Of Trend LineWaiting for NZD/USD to break this Bullish trend line, and to test the backside of it. Entry would be right about (0.7275) I would place my STOP at (0.7325). My Take Profit will go all the way to (0.7068). Giving us about a -50 pip risk, but an award 4x the risk just around +200 pips! Follow the rules, and happy trading!
ADI breakout to the downside!!higher time frame is showing defined downtrend and exhibiting trend strength- using moving averages as dynamic resistance/
support
-intermediate timeframe shows trend alignment to the downside and price pull back to short term moving average
-looking for it trade to pivot low of 78.58 and breakout to the downside on intermediate timeframe
-on the shorter time frame- it is also showing trend alignment and favors a higher probability favoring the trend to the downside
-price is also pulling back to the .236 retracement level of 78.98..would look to initiate position in that area to the ride back down and setting a tight stop over 79.0x area
-as price resumes downtrend on the intermediate timeframe- it should also translate to the lower time frame and breakdown past the pivot low of 78.58 and along with increased selling pressure towards the path of least resistance to 74.7x area (.618 extension level)
Selling CMG because of rangeThis is a great example of a chart that I would choose to sell an option rather than buy an option. Looking at the historical pattern of this stock, it is sitting in a nice range, so I will look for premium above 490 to sell. Stocks with higher implied volatility paired with weekly options make a great pair to sell options! Read why at www.shecantrade.com
DPS- Strong insider selling, Short setup from $94.83 to $90 & loDPS had a sharp decline recently & now seems testing its breakdown resistance. It has huge insider selling, we think it will continue its down move after adjusting to its Resistance around $94.43
* Trade Criteria *
Date First Found- May 25, 2017
Pattern/Why- Short from resistance.
Entry Target Criteria- Test the resistance at $94.43
Exit Target Criteria- $90.53
Stop Loss Criteria- $94.83
Please check back for Trade updates. (Note: Trade update is little delayed here.)
