FTM forming bearish flag FTM is forming a bearish flag in 1H timeframe and upon breakout can give a good profit on short position; Entry: 0.25, TP: 0.20, SL: 0.26
Shortposition
RNDRUSD short positionOn the chart we can see a rising wedge formation. Our strategy is enter a short position when the price retest the resistance line.
We can see an on-going distribution as there is a lower highs construction.
Stop loss: 2.957 USD
Target: 2.021 USD
Entry: 2.785 USD
Short POS After Long Bull Rally!!!After an extravagant run to the upside bulls are now beginning A bear rally, I seen a strong drop to the downside letting me know bulls are exiting the market which gave me a sign of reversal to the downside. I then waited for a pullback which the market always has which then created a lower high which I took as another bearish signal to short the market I then waited for a nice entry position on the pullback which created the Lower High which I then opened a short POS with a Risk/Reward Ratio: 1.7 with my stoploss set at 0.5261 my entry at 0.5141 and my take profit at 0.4937. waiting for break of trendline which will trigger strong move to the downside and hit my take profit Please share your thoughts on what you think in the comments!!!
AAPL short position before new ATHThe price is approaching previous all time high where we should see some resistance and profit taking.
It's an area where we can speculate on a short position with a stop loss.
The price has already broke above the upsloping resistance line, so we expect the price to go into discovery mode, however before it's happens we expect that the previous resistance will be back tested and confirmed as a support,which would be our target for a short position.
Once the support is confirmed you can flip bullish.
NZDUSD showing potential short position On February 2, 2023, the NZDUSD pair embarked on an impulsive move to the downside. Following this strong bearish activity, the pair entered into a consolidation phase that took on the form of a regular flat, which started on March 10, 2023.
As of May 10, we've observed a significant breakdown outside of the flat correction pattern, indicating a likely continuation of the bearish trend. Furthermore, the price action is currently suggesting the formation of a bearish flag pattern, which traditionally signals a potential further downside.
Considering these technical developments, there seems to be a viable short-selling opportunity at hand. If the bearish trend continues, our analysis suggests that the price could descend to at least the support level at 0.61181. However, as with all trades, it's crucial to remain vigilant for any signs of a trend reversal or deviation from the projected path.
usdjpy shortcontinuing the analysis of usdjpy, I believe that if the bullish trend start an cp approach to up ahead demand box, this will be a good-confident short setup.
⚠️ Notice:
I will enter one third of my position when price touch the box and the rest of it in the middle of the box. My TP would be R/R=3 and 5.
Please trade with your own money management methodology and be aware that trading has its own risks and rewards.
Good luck ❤️
Nas100 going short understand why you invested in a certain stock at all. There might be times when you might have to sell the stock because it does not suit your investment style.
after looking at the charts i have discovered that the market price its about to grab the liquidity on the buying side giving the bears the momentum the need to push the market price to the sell side
Bitcoin Below $27,700: Short Opportunity Ahead?If Bitcoin stays below $27,700, the bearish trend is expected to persist. Breaking below this level could provide an opportunity for traders to open short positions and benefit from the downtrend. Follow our Bitcoin analysis on TradingView for more insights.
HCH in AUD/USD, very good short opportunity!On a 1D time frame there is an HCH which could push the price to April 2020 lows, our TP could be 0.63450 and an SL above our resistance at 0.68407. In that resistance, the price respected the level since there is also an average of 200 periods.
success traders!!
woo usdt perpetual Hello fellow traders
Greetings from team Trading The Tides
lets talk about Woo which we been trading for the last 3 days and made around 30% in profits .
today as the FOMC is really close and there many crucial Data down the line .
First of all specifically today I don't see much buying in WOO , secondly Woo is creating more and more resistance to the upside , which make me think not to trade woo until it goes back to support and on atleast 15 min time frame creates a wick which in other sense gives idea about institution getting in to take the prices higher , so I will wait till then .
My second opinion about woo is to break the lows of the symmetrical triangle on 4h , 1h
and then we can plan a short trade again on the basis of breakdown structure with proper risk n reward .
I don't take more than 2% SL so if the trade goes opposite , I will accept the SL and look out for other opportunities .
Note :
I am just a technical , fundamental analyst and day trader .
Any info given is not a financial advice , i am only posting what i think is right , feel free to guide if u think i am wrong plz .
Thanks .
NVDA RISING CHANNEL On the chart we can see the rising channel.
Our strategy is to enter short when the price break down the upsloping support.
You can also enter short position at the bearish retest.
Target is shown on the chart.
Invalidation of this thesis would be if the price comes back inside the channel.
HDFCLIFE short positionThe price is respecting upsloping support. However it is approaching horizontal resistance.
Our strategy is to enter short position once the price breaks the upsloping support and back tests it and confirms it as a resistance.
The target: 458.20$
In validation of this thesis would be if the price comes back above the upsloping support
TATASTEEL short positionThe price has been traded in the range.
Currently the price has been approaching the upper boundary of the range, which should be acting as a resistance.
The price has been respecting an upsloping support and we believe that the price will hit the resistance which would be our entry for the short position.
Target and stop loss are shown on the chart.