Shortsell
Gamestop: Is It an Act of Pump & Dump ❓The Game Stop share has been in a rally since mid of January.
The last two days this stock rallied from 79.30 $ to 355 $ / share, this means an increased in value by 4.5 times or 348 %.
Many analysts and investors they are insisting that there is an act of " Pump & Dump " which is illegal, and if anyone is found guilty of that will end up in Jail. One of the main drive of this hype is the social media communities such as "
WallstreetBets ", and " Reddit " where traders are promoting this stock to pump it. As we know in " Pump & Dump " scheme , a group of traders make a huge amount of profits in a short period of time by holding a micro or
small cap stock and try to pump it by convincing other traders to buy it, and once the buyers come in, they dump their shares and cause a huge drop in the share price.
Now everyone is talking about this share, and curious of what will happen next. Currently, at this price level there is no much historical data to predict what's next. All we need to rely on to predict what's the next price might be, is to
use the round numbers in case the price continued the upward movement.
Let's see when this fiesta will end and if there will be any bloodbath after the rally ... ❓
-------------------------------------------------------------------------------------
Please press “Like” if you appreciate the trading idea 👍
“Follow” for more trading ideas in the future 👀
“Comment” below to share your thoughts with us and other traders 👥
-------------------------------------------------------------------------------------
Risk Disclaimer: All trading ideas published by “collegeofpips” are for educational purposes only. These posts can help you to enhance your trading skills, but please do your own research before opening any trading position. ⚠️
ETHUSD: Triangle Formation, Divergence! Why we should Short SellHello guys! As we can see in Eth/US dollar, we have an EffDI(my indicator, use it :D) Divergence.
Why we should short Ethereum/US DOllar:
On top of that, we also completed the 5-wave chart, and a double top was formed.
Price also struggles to break the EMA 9, in a Triangle formation!
Therefore I recommend:
Enter the Short when the price breaks down the triangle.
We exit at around $1000(because 1000 is a BIG psychological number), giving us an 8% profit!
Cheers, profits!
WANT MORE PROFIT-MAKING IDEAS? FOLLOW @Trader_ph! Cheers!
BTCUSD: BREAKDOWN, And why you should short sell Greetings! Here are some insights on the Bitcoin/US DOllar.
We should short sell because:
The trendline is broken( breakdown !!!!), at the same time, EMA 9 is broken ! There is also a hidden divergence on my momentum-based indicator, Effective Divergence Indicator, as you can see.
That is indeed very alarming! Also, if we can see the Wave count, we already have 5 waves, so that gives extra confirmation.
After entry now, the exit price is at $ 31400. We get 9 % profit!
After Exit, we expect a bounce again to 35k and beyond.
Cheers and profits! :D
Make sure to follow @Trader_ph for more insights on Crypto, Stocks, and Futures, among others.
EURUSD ShortHere, we have strong momentum of an upward trend. However, it looks like it has reached it peak and sellers is starting to make entry in the market. On the 1 hour chart a strong bearish candle is formed which engulf the bears showing promising signs a positive short selling.
Reckoning that price will reached at zone 1.22147.
Good luck and happy trading.
Magic fib selling short opportunityWe hold 0.618 Fib level(yellow circle) 46.80€ from the 53.35€(10 Jul 20) high and 36.20€(04 Sep 20) low also we rejected at 1.618 Fib level (yellow circle) 63.95€ From this point we made currently new lower lows.
I expect that we testing 0.618 Fib level (turquoise circle) 49.40€ and if we hold this zone my longterm target would be: 67.75€ 1.618 Fib level.
4H Chart:
1H Chart:
Sell Limit(Short): 61.10€ – 61.60€ (supply zone)
Take Profit-1: 51.95€ (Risk Reward Ratio: 4.7)
Take profit-2: 49.70€ (Risk Reward Ratio: 5.8) (demand zone)
Stop Loss: Above 62.85€(63.40€)
EURUSD intra-day short setup!EURUSD is trending to the downside today prior to Germany's trade balances data being released. The data is a balance between exports and imports of total goods and services. Technically the pair is trading below the 1h 50 moving average and holding below the 1.2130 pivot, and we anticipate continued downside into 1.2039.
Execution on this trade monitored thanks to TradeProofer's free trading software. Sign up today to monitor your brokers performance!
Short Selling on SNXSet up a short bot.
Aim: Increase bags 10% at a time, to bring down my Break even price.
expect trades to take 1 day -5 days to play out.
Some discretionary play depending on how price reacts to these SMAs.
Here are the settings:
3commas.io
Trigger is Minimum price 0.0003919.
As price consolidates there might be a few chances at short selling the same range.
NZDCHF Daily Support|200 MA|Declining Volume|Resistance ClusterEvening Traders,
Today’s Analysis – NZDCHF- currently trading above the 200 MA with the resistance cluster being the immediate target for a shot sell.
Points to consider,
- Macro trend bearish
- 200 MA & Range Midpoint confluence
- Resistance cluster target (short sell)
- Daily support retest
- Oscillators above 50
- Below average volume
NZDCHF’s macro trend is bearish with consecutive lower highs; any rallies are to be sold until a valid higher high is established.
The 200 MA is holding as support which is in technical confluence with the range midpoint. Confirming multiple daily candle closes above the 50 will increase the probability of testing the resistance cluster.
The Resistance cluster is a valid short area with defined risk. Daily support is the immediate target as this is the next trade location.
Oscillators are both above 50, maintaining a bullish bias in the immediate term. Trading to the resistance cluster will overextend both Stochastics and the RSI.
Bull volume nodes are declining/below average, an indication of demand not being present, an influx in bear volume is likely at resistance.
Overall, in my opinion, NZDCHF must hold the 200 MA as support to reach the immediate target; resistance cluster, for a short sell. Price action must be backed by volume which will help with the directional bias.
What are your thoughts?
Thank you for following my work,
And remember,
“Opportunities come infrequently. When it rains gold put out a bucket not a thimble.” – Warren Buffet