Went up too fast and very close to the Feb. top, could form a double top. The volume is also too big, sign of exhaustion. Bought April $7.5 put for $2.60. My break-even is $4.90 I will close my position before expiration. Target: the gap-fill at $4.25 Placed a GTC order to close my long put at $3.4
Based on 4-HR chart, there is not much upside room left. Entered a short position at $153.99 My target is $149.
Entered a short position earlier today @ $1.10306. RSI is in a relatively high-value area on the daily frame. In the past 7 years, the pair spent the vast majority of its time below the $1.10 level, probability is on my side. I set a price of $$1.082 as my target
On daily and weekly, I think we are in the bottom area (1.1554), target 1.218 area.
Placed a buy order a few days ago at 1.8980, got filled yesterday at 1.89799. It was over sold on 4H time frame. My target is 1.93
RSI Over bought on daily time frame. Entered short position averaged @$0.89691 Target: $0.885
Gold is over bought on weekly chart. Shorted it at $1930.64 This is the first time I trade the pair Target $1900
Another short-term opportunity. Oversold on 8-hour frame based on RSI and CCI. Went long @ $157.703, target is $160
I think the pair reached a local top. Both CCI and RSI are in the high zone. I went short at 0.88569 My take-profit target is 0.88