A short at 1.00 to 0.8934 with the necessary risk management will bring a 10.92% return
A short at 6.24 to 5.67 with the necessary risk management will bring a 9.11% return
A short at 0.3056 to 0.2614 with the necessary risk management will bring a 14.44% return
CAKE on the 30 minute chart shows suggests as a short candidate including death crosses as well as a loss of strength on the RSI indicator. I will short CAKE and investigate put options for sufficient volume and level of implied volatility.
A short at 2.80 to 2.31 with the necessary risk management will bring a 17.32% return
A short at 17.40 to 16.57 with the necessary risk management will bring a 4.8%+ return
A short at 1.19 to 0.9899 with the necessary risk management will bring a 17.08%+ return
just random analysis based on support and resistance based on psychology.
remember my previous rand idea, this is what it is based on. Daily timeframe we sold around 19 rands, because we had just completed a correction cycle Y which is a top when looking on the weekly timeframe. From 19.80 rands we have been in a sideways correction, so for the correction cycle to be complete, we need to break below 17.60 and break above it again,...
The outcome of the allegations against CZ and Binance may have significant implications for the entire cryptocurrency industry. Although the prices have not seen any sign of weakness, maybe it's because they are still pumping, once they are done no body can stop this from making a good enough size correction to the downside. Not an investment advice I could be...
In TECHM stock we can see trendline in Daily Timeframe (1D). Right now stock is trading at price of 1175 Rs and the support of trendline lies on 1170 Rs. Also according to the Fibonacci Retracement drawed from bottom to top the stock has broke the support of 0.382 which is at price 1240 Rs and now at trendline support. One can plan short selling from here at price...
-We may see a fall towards fibo 1 or even lower. - More confirmation below the apex of triangle. guidelines of flat. Wave B usually retraces between 100 and 138 percent of wave A. Wave C is usually between 100 and 165 percent as long as wave A. Wave C usually ends beyond the end of wave A.
Analysis based on price action to figure out how price reacts along with option chain, multiple pattern formation, tried to test Elliot wave too, retracement levels marked as per fib retrace, day low considered as strong support along with 2 resistance level as per Fibonacci. Candle stick analysis. Also used volatility index to figure out the movement of the...
trend breakout, pattern identification/short selling based on OI change and volume
✨ USDJPY... DT (52W, 4W) ✨ Swing Trade ✨ -SL @ 146.646 🚫 MO @ 139.867 📉 SLO @ 144.405 TP1 @ 131.232 TP2@ 118.629 TP3@ 110.372 Current Opportunity I predict that there will be a downward retracement for DXY, and as a result, we can anticipate a similar retracement in USDJPY. My strategy involves taking profits at different stages: I intend to reduce my...
on 5 min time frame, using indicator BB with RSI, entry taken as per Divergence, movement confirmation with Stoch RSI, Heikin-Ashi, Gap up opening confirmed reversal to the price calculated earlier on weekend for price to open @ $5.50 wherein pre market showed jump in price due to dividend cut decision by bank to -96%, total duration of trade is around 1 hr 30...
This rising wedge of relief rally is very much happening, All market movers (Fed, gov, banks & exchanges) will push for increases in assets for insiders to sell off. Micro ( 1 month ) go long Macro ( 3 month+) go short Inflation needs to be addressed, money printing and spending approaching big lows same old sh!t, just new school assets playing their part...
Making a Bearish triangle and also have a gap if it comes down so it may fill the gap Crude sell at 80.81. TP1 78.90 TP2 77.90 TP3 77 (If it fills the gap) TP4 75.80 (If it fills the gap) SL 82