| Don't Forget To Hit Follow To Never Miss An Idea | | Please Support By Giving This Idea a Boost | #COREUSDT | Short | Trade Set-Up Entry Conditions | Bearish Signal | Trading under the 20 Daily EMA | Breaking good support | Broken CVD Trendline and retested | Moving Oversold so watch out for bounce
#GALUSDT | Short | Trade Set-Up Entry Conditions | Bearish Signal | Rejection from the 20 & 50 DEMA | Might Retest the Weekly Pivot so be careful | Broken CVD Trendline & Not Oversold | Bearish Divergence
#VETUSDT | Short | Trade Set-Up Entry Conditions | Bearish Signal | Rejection from Weekly Pivot | Broken Key Supports | Bearish Divergence | CVD Trendline and Support Broken | Oversold so be careful for retrace
#BTC | Short | Trade Entry Conditions | Bearish Indicator Signal | Broke through the 20 Daily EMA and challenging the 50 Daily EMA | Breaking a long term trendline | Untested Weekly Pivot | Broken the CVD Trendline and Support
#RNDRUSDTPERP | Short | Trade Entry Conditions | Bearish Divergence | Indicator Signal | Room to move down before 20 Daily EMA is tested again | Untested Weekly Pivot
In GBP/JPY there is a supply since December. I used this supply to look for a potential entry point. I opened a short position this morning with a 1:8 risk-reward ratio target. Let me know in the comments what you think. Happy trading everyone.
#RSR | SHORT | TRADE Entry Conditions | Broken 20 & 50 Daily Moving Average potential retest | Lost 2nd Key Trendline | Losing 3rd Key Trendline | Broken CDV Trendline | Lost CVD Supports | Watchout for Divergence
On this exchange, the price has just broken through a strong demand zone and subsequently retraced to a supply zone that the price generated within that main one. My view is highly bearish so I entered a short position with a 1:4 risk-reward ratio target. Let me know what you think in the comments. Have a nice trading day!
FWB:LRC | SHORT | TRADE Entry Conditions | Bearish CVD Divergence | Broken trendline | Rejected from the 200D EMA | Broken CVD Trendline and support
#IMX | SHORT | TRADE Entry Conditions | Bearish Divergence | Trendline and support breakdown | CVD support and Trendline Break | Going oversold so small retrace/bounce expected
#ACH | SHORT | TRADE Entry Conditions | Broken down from Ascending Broadening Wedge | Broken down through 20D EMA | Broken Key Trendline | Broken CDV Trendline & Support | Be careful of big pump to untested weekly pivot
Here we have a supply zone that the price has attempted to break, creating a spike which further validates my bearish scenario. The objective will be to wait for a retracement to a point of interest (POI) that I have highlighted. Let me know what you think in the comments. Have nice trading day!
AUDUSD presents an interesting scenario as it shows a very strong demand zone where the price has attempted to drop multiple times, creating spikes. However, we do not yet have any interesting points for a long trade, so if the price were to break this zone, we could consider a short trade. Let me know what you think in the comments. Have nice trading day!
On EUR/USD, we have a bearish setup in the last week. The market is generating a supply zone with two price retracements before further declining and breaking previous lows, creating BOS in the process. The objective of this trade is to aim for 1.0880. Let me know your thoughts in the comments. Happy trading and have a great day.
I have highlighted a sell zone and a buy zone that I will use as reference for my profit target. The trade in question is really simple, just tracking the price on the supply area. I opened with a stop positioned above the highest candle within the sell zone. Let me know your thoughts in the comments. Happy trading and have a great day.
#ALICE | SHORT | TRADE Entry Conditions: | Ascending Triangle - holding a strong resistance | Likely to test lower trendline again | At 20 & 50 DEMA support so watch out | Double key RSI trendline break
This pair might get back to the 4H lows. We have received an entry on the 15m chart to get a nice R:R short trade. Break of structure and now a movement in allignment with the HTF gives us the go.
TSX:SXP | SHORT | TRADE Entry Conditions: | Big Divergence and heavily slowed momentum | Lost local support | Potentially much further downside after huge rally | Breaking long term RSI trendline