Short-signal
Bitcoin : bullish indecision is clearly visibleOBSERVATION : Only Short Trends are forming, quick pumps & dumps indicating bullish indecision. This structure needs to fail to induce enough confidence for the next leg up.
GBP/USD STRUCUTRE SHORT|TRADING PLAN
GBP/USD is trading in a horizontal range that is a part of a larger bullish triangle.
The current resistance level, that is presented with the two resistance areas is very strong and is quite likely to cause a bounce down.
On a smaller timeframe we are seeing that the pair is trading along the diagonal upward support line and is currently looking bullish.
TRADING PLAN:
+Wait for the breakout of the diagonal line:
- below the current thick black resistance
-between the two
-below the upper resistance
+Wait for the confirmation
+Short the pullback
A great trade with good risk reward and >50% probability.
What if the breakout happens above the upper resistance?>> setup invalid!
Don't forget your SL. There are two on the chart as an example, due to the fact that it's precise position depends on the exact breakout price level.
Thank you for reading! Like and subscribe and have a nice day!
UK100 Long Term PredictionNot much on the UK100 but if looked at closely the trade is simple.
Bearish push down from 17 Jan 2020, then consolidation all the way to 08 july 2020.
09 July drop
12 july up to consolidate/test "trend line"
24 July drop again!
My prediction is that we may see another push down.
Do The Caterpillar, 🐛 (CAT)🤔 Potential double bottom cup formation, with a higher low on 2nd major structure.
We sit on a very sharp upward support currently, break 128.64 short.
Long the break 140.22
Good luck, 🎲
🥇MLT | MAJOR LEAGUE TRADER
AU200| SELL TRADE📉| @MKT EXECUTION! - INTRADAY🌟Hypothetical scenario:
( 1) Entry @ 6093.5 (Sell MKT)
(2) Stop Loss @ 6106.0 | 12.5 points
(3) Target @ 6050.0 | 56 points
(4) R:R = 1:4.48
Stay tuned for the updates.
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*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
