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Selloff

ASX200 Sell Off. We are drifting upwards on Trump- Xi talks although we are still bouncing between Fibonacci shorts. What will happen if Trump and Xi do not have a good talk and reach no agreement? We will see another sharp sell off. Trumps angry tweets when he gets back to his hotel room will propel that. According to my analysis we are in the midst of another 10% sell off (from where my forecast start) We touched that level and I think we will see another complete 10% sell off with a big wick. Do not buy Indices yet only look to short them. China is stubborn and they will take there time to address this matter, they investment optimism in Africa and they are looking to move away from the USA. Major US companies are not doing well and are still have many present problems (Apple, Facebook)
ASX:XJOShort
by SnipingRabbit
Big BTC hodlers cashed out?Greetings everyone! I've been observing markets and I've noticed this Tether FUD has created a great move for big bag holders to get out of BTC. I'm sure we still have a majority of volume O-T-C, but I imagine some big holders could take advantage of this weeks demand to get out of USDT into BTC, etc. I've also marked a couple places on the MACD with flat lines that lead to further drop offs, and it looks like we're approaching another zone. I don't think we'll go to 3k anytime soon, but I wouldn't doubt $5,000 or so within a couple months at most, and could see another decent drop coming within a week or two leading to a progressive sell off. We could also say if a shift was coming upwards the volume would've at least progressed up, but instead it's gone lower after the incident. Make sure to stay protected in the markets. I'd also like to point out when a herd of sheep is directed into the slaughter house they typically aren't benefiting, so I don't see anything different for this recent Tether incident. Especially when these people fell for a fake image which obviously wasn't officially from Binance.
Short
by frostyflakeds
May I introduce you..? That SELL-Off was nothing! ;-)#OverviewHey tradomanaics, quick a nice overview if the current situation of S&P500! Bulls feel the pain? Yep.. it was painfull for those who are long. BUT - That was nothing! :-O Check this chart and see where the real PAIN is waiting for us.. or the PROFIT? AS we can see - there is still a lot of space downwards before we reach the real paniczone! ;-) So calm down and wait. The US-earnings-season is going to show us important companys in the upcoming days. Peace and good trades Irasor Trading2ez Wanna see more`Don`t forget to follow me. Any questions? OM me. :-)
SP:SPX
by Trading2ez
2
USD/TRY SELL-OFF incoming? Great chance with patiens!Hey my tradomaniacs, probably a great chance incoming. Wait for the break out below the 61,8% retracement, the green support-line plus the diagonal support! If we break through it and bounce off we have a very nice sell-signal! Type: Swing-Swingtrade Sell-Limit @ 5.70202 (After break through ex-Trendline) Stop-Loss @ 6.190 Target 1 @ 5.0 - 4.86 Target 2 @ 4.53722 Peace and good trades Irasor Trading2ez Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
7
The Sell-Off-GAME! Do we repeat the past? #WEEKEND-OVERVIEW!Hey tradomaniacs, quick an overview of S&P500 for you. This year, we consistenly "crashed" to buy @ 200MA and 61,8% Fibonacci-Retracement. Does the market want to buy-in before the saisonality beginns? #Christmas #Black Friday Or is it truely a reaction of the overheated market scared to see more rate hikes since almost 70% of investors are "ALL-IN" in shares? We will see! :-) Hope this inspires you. Happy rest of the weekend and good trades tomorrow Irasor Trading2ez Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
SP:SPX
by Trading2ez
Bulls may have a chance to retrace at $5000Hello fellow traders! As Bitcoin continue south of the border, there may be a pit stop at $5000. If the bulls can sustain that last trend line, there may be some hope for a temporary pullback to $6000 for a resistance test. As of today, Bitcoin has dropped $1000 in 12hrs. and may drop more. Queen Bear is heading south really fast like a speeding bullet to go straight through that $6k. I did a paper trade on bitcoin selling and made 35 million dollars at the $7250 price. Let me know your thoughts and where the price will stop at.
BITFINEX:BTCUSDShort
by AlphonsoElliottJr.
5
NZD/USD - Expecting a Sell-Off ! Towards the end of last week, we saw some weakness on the US dollar across many of its pairs. This has given us some signs the dollar strength and bull run may be running out of steam but I would not short the US Dollar just yet. This weakness saw this pair gain 50 PIPs on Friday which gave a strong finish for the week. So far today there has not been a lot of movement. The US dollar has again gained some strength on various pairs and I believe there is more room to the upside for the Dollar highs to be tested once again. If so, this leaves a potential pullback on this pair. Immediate support is at 0.6600, which was holding as resistance until we saw a break out on Friday. This pair could come lower before a leg higher if any as we will need to watch price action around those levels to confirm. If we achieve this move higher we have a confluence for a target at 0.6700 as this is a former monthly support which is yet to be retested as resistance and in line with my Fibonacci -61.8% extension. This pair still has the possibility of moving lower and creating new lows below 0.6545 as the New Zealand Dollar is still very weak and open to another sell-off.
Short
by QW-Trading
GBPUSD picking up, catching the pullback!Well well, thats quite a jump in one hour don't you think? USD data came out today without any huge surprises, and now we are seeing cable jumping up. Is this the start of the bullish momentum? I still belive to see 1.2670 price before it but on the other hand It could be bulls takeover, but it's not happening without the pullback, and that's where we come to play. We see the zone from 1.2752-1.2770 very attracive for shorts. Tomorrow there's another high impact data coming out for the dollar (Michigan Consumer Sentiment Index) which will probably be the fuel for the movement. We need to see right reversal price action in our sell zone and we should be fine to reach our profits! Happy pip hunting everyone!
Short
by FXAN