Short-short
BTCUSD Short Good IdeaI am a consultant for anyone who needs a consultant, I see that BTCUSD will GO Down IN FEW DAYS
1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position
2 (When I set the take profit and stop loss in a number that does not mean that the price will reach it, I gave a buy or sell signal only according to the analyzes I made in the chart and delete it later, in the order to share it with you so that you have a clear picture and read it clearly, thank you!)
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USDJPY - breaking down the triangle patternthe triangle pattern is obvious in chart and the price has already broken down the lower line!
so we just wait for pullback to be completed then after the first sign of reversal candlestick pattern we will open our position.
note: it is not recommended to open a position before these steps! let the price ensure us about a valid break down then we will open a profitable position.
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Livent Short IdeaShort opportunity from a resistance level around $8.60-8.70 with the first TP at $7.60 and next one around $7.20.
014. PIGGISH PLAY - Short Peloton on the OpenWow, nice earnings report PTON. Not. Bad. At. All.
Here's why it's a perfect storm for a short setup tomorrow, assuming it gaps up above 94:
- Gap up above a huge shooting star daily candle ---> gap will close due to massive overhead resistance
- It's Friday and the market is looking like it wants to dump in a serious way
- 100 dollar/share psychological target is a perfect lure for longs
- A clear path downward to sub-90
- If Amazon can rip down after a 10x ER post, I believe PTON can do the same after posting results that pale in comparison
This play is a short-short; meaning that I plan on opening it and closing it tomorrow, using puts that expire tomorrow with a strike at the opening price.
- Health-Conscious, But Not Stupid, Pig
NASDAQ:PTON
Kava failed to breakout (Testnet sell the news)Lets put it simple. Kava failed to break 4.5 level - we will likely retest lower resistances
TP 3.7 level
SL 4.2 level
This one is a quick one.
personally, I am still bullish longterm but decided to short since I had margin positions still opened from lower levels.
EURJPY Short 4 hourWe have a Bat pattern and price is coming into the Daily Structure zone.
Looking for a conservative entry such as a Double Top to get involved in a SHORT.
Then using looking at the Bat Patterns Targets for exit.
I would shoot for T2 at support instead of the conventional 0.618 Bat target.
Stops a little above 1.13
BTC/USD Bearish AnalysisMy analysis for today is essentially the same as yesterday and really the entire week. The price has been consistently setting lower highs which screams bearish to me. The arrows I've left on the chart are from yesterday's analysis. I figured the price would either immediately drop or rally up to 9.4k and bounce off the resistance and fall down 9.3k. My timing was a little off but for the most part that's exactly what happened. This is just to reiterate what I said yesterday: if the price can't break past 9.4k and stay, I don't expect to see any significant price increases.
Yesterday (6/20) ended with a green candle which could be a reversal signal, but we've just ended today (6/21) with a red candle with a larger body than yesterday's. So far today's candle (6/22) is starting off strong with a green candle with a very small lower shadow. This could mean that there isn't nearly as much selling pressure compared to the last few days, which could be good for bullish activity, but again, the price has to break through several levels of resistance. That being said, it doesn't look like there is significant resistance between 9.6k and ~9.75k. Breaking through 9.6k could result in a rally straight to 9.75k - 9.8k.
Overall I will continue to be bearish (short - mid term) until we start breaking through areas of historical (within the last 2 weeks) resistance. The more we bounce off these areas of resistance, the less likely the chances of the price having a significant upward spike. This also applies for spikes to lower price points, but as it stands we are having a lot more trouble driving the price up than down.