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Breakdown the support | Short BiasDaily Chart
BINANCE:RNDRUSDT has broken down the support and now it's retesting to drop again.
Render Token has the support at lower line of ascending channel.
So wait for rejecting and short
EURAUD Trade Setup This is a fakeout as indicated by the bearish harami candlestick pattern on the 1.68211 horizontal resistance level; there's even a confirmation of the downward trend 📉 by the next candle 🕯️.
A market entry around the 1.67435 price level, a sufficient stop loss (stops shouldn't be too tight so that you don't get stopped out of the trade only for the market to later retrace and hit your target price) and take profit such that you have a reward-to-risk ratio of 3 or higher should be apt.
Don't forget to apply appropriate risk allocation by trading the right position size (lots) and risking not more than 1%/2% of your current account balance on a single trade.
VGXUSDTVGXUSDT has broken very important support zone and currently retesting that support. As the price is under 50 EMA pressure it seems like after successful retest of broken structure price may head even lower.
CROX Crocs Options Ahead of EarningsAnalyzing the options chain and the chart patterns ofCROX Crocs prior to the earnings report this week,
I would consider purchasing the $120 strike price Puts with
an expiration date of 2023-12-15,
for a premium of approximately $13.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
nzdusd sell. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
GTX Garrett Motion Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GTX Garrett Motion prior to the earnings report this week,
I would consider purchasing the $7.50 strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $0.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.