we are on short side banknifty we are on short side banknifty on 43300-43350 level and next buy level we are waiting 42600-42650 level
Shorttrade
LULU re-test and dip below $300 likely on the way very soon...USING HEIKIN-ASHI CANDLES on the DAILY CHART
- Heavy selloff after earnings on December 8, 2022 - changing short-term technical sentiment from bullish to bearish, and long-term technical sentiment from bullish to neutral.
- Broke below key trendline on December 14, 2022 with bearish signal courtesy of Lux Algo.
- Dipped and closed below Trend Regularity Adaptive Moving Average Line - a.k.a. the yellow line in the chart screenshot - with force on December 19, 2022 - changing short-term technical sentiment from bearish to very bearish, and long-term technical sentiment from neutral to bearish.
- Relative Strength Index close to convergence at 40% , which could act as additional resistance.
- Double Top rejection below the Trend Regularity Adaptive Moving Average Line , which provided a strong confirmation for short trade entry and stop loss (above TRAMA line at $321) .
Exit target for profit-taking:
- $300 (whole number general buyer reaction anticipated)
- $277.5 (current swing low)
Towards support APE got rejection from the resistance now it will definitely touch the support level or just obve the support level.
It's time for short position from current price
NYKAA Next support is 38% awayNykaa
1. Lower High lower Low Structure
2. This week broke previous support @ 162.50 levels
3. Trading in Un-charted territory
4. Further support can be derived with the help of Fibonacci.
5. Plotted Fibonacci Extension connecting swing high of 428.95 and 315.45 and swing low of 203.15.
6. Fibonacci giving us the next support @ 89.65, which is 38% below the current Price.
7. Structure is super weak, plus the market overall is also weak, hence anything is possible.
8. Keep stock on the radar, and track price action to see if it forms any support in between the current price and Fibonacci support.
9. Don't bottom phish this stock as it has its IPO Price with Huge Volume, and the same levels would now act as strong Resistance
10. Resistance: 180-190, support at 100-90
GBP/USD breakout-Scneario!Hey tradomaniacs,
GBP/USD recently broke out of the trendchannel aswell as the support-zone after a very strong manipulated USD during the FED-Conference.
Jerome Powell has been very very hawkish, yet the market tried to bet against him and his Dot-Plots aswell as terminal-rate.
Technically a great setup if we get a re-test of the resistance-zone!
HEADS UP: Big expiration-day tomorrow! Volatility possible!
What do you think?
EURGBP - Trade SetupHello Dear fellows, how are doing . i am fine and looking at charts and i found EURGBP is the Pair i should trade on that , and i will be looking for Selling Opportunity . Stoploss pretty affordable so that also + point .
I will keep updating here whether the idea is performing or not or positions adding Etc .
Take Affordable Risk . this is not your Last Trade keep in mind !
Best of Luck !
ATOM if I explain more about the target that will be reached, just know it is imp support for 4h and broken with h4, and do not close the all profit in RR2 just closed 30%
Apt usdt short sell idea Greetings from Team : Trading The Tides.
lets discuss a short sell oportunity on (APt usdt )
Target area for initiating short :5.4
DCA Limits : 5.5
TP :5,4.8,4.3
SL : 5.63
Hold Time : short- medium term
Technical Chart Pattern: Almost at distribution zone , divergence on 30 min tf
Posible liquidity area : 5.55-5.6
Exchange:Binance
Rules :
We use big capital with less leverage .
Max leverage : 3x
Better take trades with 1x.
We only post the exact setup we are following for the trades .
But DYOR .
Not a Financial Advice !
From Team :
Trading The Tides
Like , Share ,Follow
Thanks a lot and see you soon on the next trade .
NZDUSD - Trade SetupI also interested in NZDUSD as it perfectly standing at the Lower High formation which is known best for Selling and Sell trend entry point . so lets try this one ,
Trade with Strict Risk Management .
Best of Luck !
GBPCAD short trade, look for pullback.GBPCAD (short trade)
Base on One hour and Four hour chart,
1 hr and 4 hr MACD - going down
1 hr and 4 hr STOSH - going down
daily - going up
technically it is good to do a pullback trade on next trading day if the price isn't break the previous high.
entry price place around 1.1600 / 1.16700 and aim for 50 to 100 pips TP and SL.
BEARS MIGHT CHANGE Over the past months the strenght of the USD has proven its course breaking so many shakels in the financial market
The XAU/USD is yet to break its final baricade which is the current supply zone where price seems to be reacting
From the look of things the USD seems to me loosing its strength but its has not been proven to be true until otherwise
For this reasons and more in the coming week and presently ,I would be expecting a good PA to short the metal to the S2D zone as my target .if the supply zone breaks then I would fully be changed in total towards the bullish bias and further look for zones to go long on the new trend established but that being said I'm currently bearish till proven arbortive
NASDAQ 100 PREDICTION FOR 14-11-2022 Dear trader our prediction for today depend on the the chart analysis 1h , d , 15m
We find the price had moved up a lot without correction and now it make a consolidate for correction in important resistance the price try to break it many time but can't so if the price still not break this resistance then ,, we advice you to be ready to take short position until next support as you see in the chart
Also all the indicators give us same analysis
Be careful today the market not clear until now
XPTUSD Possible short term bearish moveIn the monthly the price is testing a Supply zone. We could expect a move to the downside.
In the weekly the price is over extended. Also, the price is testing a supply zone which means that a possible move to the down side is coming
In the Daily the situation is the same. The price is over extended and rejecting a supply zone.
All the Higher time frame are in confluence for a bearish move.
ALGOUSDT Short opportunityHi
Seems like ALGO has reached a daily resistance after a strong uptrend. Then it broke down from the channel. That makes me think there is a short opportunity.
Please use risk management when trading.
Forza looks like a Nice Fall is comingWe have seen something very similar before.
Let's see what happens with the Volume?¿?
If the volume drops like last time, it will drop back at the bottom.
STAY SAFE
Get ready for a Nice Short around 44.50Getting ready to get a Short before the 44.50 area, so I can ride the short till the 41!
This looks like a very Good ShortYou will find the answers on the Chart.
All those Buyers getting kicked by the Sellers (Wicks).
I am getting ready for a nice Short
Short trade on NEPNextEra is a clean energy company with interests in wind and solar projects across North America.
The stock showed a lot of strength for several months, but has now become a broken leader.
NEP broke down below the previous breakout level (white dotted line on chart) and below its 200-day moving average.
The short-term rally in the stock now gives a low-risk place to sell the stock short and bet on a continued move lower. the 50-day and 200-day moving averages, along with the previous resistance level near the $77 mark, should act as resistance.
I'm working a stop at 77.80, just above the swing high.
Armónico Bear TrendInteresting stock, Armonic trend, the stock is in obviously bear Market, and it seems will continue in this way. The earnings were below the expectation. The price is continuing its downtrend and the price is using the moving average of the 50 periods as resistance that push down the price. Let's in the coming weeks if the trend will reach the area of attention between levels 152.15 and 119.88.
Nifty: Successful short trade based on good quality trade setupDear traders, I have identified chart levels, trade setup based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
An example of a successful short trade in Nifty based good quality trade setup. Technical indicators worked really well. Please do share your thoughts. Thanks
