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Shorttrade

SPX500 Short Trade SetupThe last top is the all-time high, and what we have after that looks like a reversal structure. For now, I can't tell if it will make a small or pretty big correction for more upside, or a huge drop. But in all cases, we should see a downward structure. That's why I want to sell it. To do that, I'm waiting for a complete correction. I may place a pending order to 0.886 retracement level of the reversal impulse with SL over the top by risking probably 0.25%.
FX:SPX500Short
by WaveAnalysis
GBPJPY Short Trade SetupThe upward movement from 124 looks like the C wave in a monthly running flat, and it might be over. That being said, there is still some room (approximately 300 pips) to go up. So, we will see that part, but if it's over, we will have a quite big drop, like 4000 pips at minimum. Of course, I won't trade this chart with 4000 pips target, but we can have some huge internal downward impulses along the way. For now, I'm looking at the last top as the end of the C wave, and waiting for a correction to take a short trade.
Short
by WaveAnalysis
INVERSE BTC CLEAR XABCD! DOWNSIDE POTENTIAL!Bitcoin has some downside big time if we can confirm this harmonic, as of now, not confirmed and i am still looking for 57000 target and if we break 57k we go to 62-63 and there is where we can DROP 15k back down, so play this smart! Dont trade against the ''IN YOUR FACE'' trend we have and you will be rewarded. If you havent been able to make a lot of profitable trades this year, you may need to understand that shorting btc right now is stupid unless you have 3-5 confluential levels from fibonacci levels to your D/W/M Support/Resistance Levels and having Volume or Market profile data in confluence with your levels even, HELL, I MIGHT EVEN NEED SOME ELLIOT WAVE SUPPORTING THE SHORT ENTRY COMBINED WITH EVERYTHING I ALREADY STATED! SO ITS DUMB SHORTING, UNLESS YOU HAVE THE DATA TO BACK IT UP. DONT TRADE COUNTER TREND IN A BULL MARKET. YOU ARE NOT THAT SMART. BELIEVE ME! GOODLUCK TRADERS and go make soime BITCOINS!!!
BYBIT:BTCUSD.PShort
by THEOPPS
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