The trend line was broken with consolidation below, this decrease can be called a pulse, therefore, based on the pulse analysis, we will see a continuation of the decline, the first zone 6800-7100 is the fibbo level and the last hope of bulls. At the moment, I see flat and bullish signals on the indicators, but from this moment, while we are under 8300 - short...
Should give a bearish leg based on the structure
Hey Guys Second video already! I do like this way of communicating! Summary: 1. I haven't traded the GU all year 2. Missed short opportunity but that's fine. 3. Looking at shorts as mentioned in the video but will need confirmation if and when price gets to the area of interest. 4. If your strategy permits, you can trade both directions when a setup has...
Reason: RSI Divergence 1hr cycle Open SHORT @ 14840-14855 SL: Above 1550 TP1: Green Line TP2: Purple Line TP3: Pink Line 20x - Cross Leverage 3-7% acct balance
Good Morning Traders, so today i am looking for a short opportunity on NASDAQ:DOMO , if we look at the daily we broke a very respected Macro Trend Line, i will be lookig for an entry opportunity after breaking USD25.00 area pivot, my target will be at least 2 points, i will wait for the volume to come in, and confirm my plan, otherwise we will keep looking for...
Good morning, my favorite set up for the day is NYSE:HOME , its gapping down due to earnings, as we can see on the chart we broke a macro trend line and the next big support level i 10.18, if we can break that level i will enter a short position with a target of 75 cents - 1 point, after i get a 5 mins candle to close below this level. Yesterday we traded ...
We already seen the beginning of a correction. However I believe we will go lower. The MACD is showing divergences. Price is making higher lows but that is not reflected on the MACD. First stop will be the smaller trendline and if that doesn't hold up the next level would be around 0.618. Lets see where we go from there.
After the strong impulse up and hitting a major weekly support level, it MAY be time for a reversal. once price confirms the new trend (short term / long term) i will be in. RISK: TP.1 - 2:1 I will place a protective stop when price hits the 50% fib lvl. set up: short after sharp impulse up.
Fake Break out short set up. there has been other factors taking into consideration as always however to summarise this is a short set up.
Good Morning Traders, so today i am looking to short NYSE:BOX , we are gapping down due to earnings, it broke a macro trendline and we retrace the whole year highs, i am looking to short around USD15.00 if it confirms to keep coming down, we have a window all way to 13.62 and after that all way to 9USD area, good luck! Remember that this is for educational purposes only.
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY Chart time frame - H4 Timeframe - 1-3 Days Actions on - A – Activating Event Market will meet resistance in zone @1.1260 - .... and fall to the 1.114. In order to enter, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market move towards the first Target 1 level @ 1.114 EUR/USD Trade...
AEO looks weak to me, the daily chart is broken, its below all its daily moving averages of 20,50,100,200 sma. its made lower relative highs and lower lows, catching support at 17.02. I would short it today if it shows good volume, a weak premarket pattern with lower lows and lower highs, profit target being the 17.02 support area.
Easier to observe on 15min chart but it appears that bitcoin just went through a rinse cycle on it way down to 7K... So I will add to my SHORT position here... I have limit orders waiting to close this SHORT & open LONG position starting at just above $7k,- 'SHORT order will B completely closed B4 7K' begin the LONG ladder 'BUY Orders' $6995 $6755 $6449 3x...
This chart was brought to my attention via a post on facebook, and generally speaking, I don't trade from what I see others post, however, I recognized my trade set up forming so I chose to enter. Risk TP1- 1.6:1 TP2- 2.5:1 set up: second push down
BTC just completed the 5th wave. Looking at the previous ABC corrections we could expect a ~30% drop to point A. This will happen fast if we fail to break the current levels. I'm placing buy orders throughout this area to catch the ride up to wave B. If we break $9000 the 5th wave extends, at that point we can relocate the A correction, but a 30% drop from that...