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50ema-rejection

Bitcoin Short Couldn't be more obvious - 5 to 1 trade With the aggressive downside move this week, buyers trying to take back control of market, but bears are not finished. I think bear market is upon us as weekly structure has been taken out for BTC . PA is without question trending down with price below the 4H 50 EMA , and consistent lower lows, lower highs. Good time to sit back and wait for the next short opportunity with PA destined to head back down. Trade setup SL: 32670 TP1: 23425 TP2: 20885
FTX:BTCPERPShort
by cryptoject
XRP | A Tale of Two ForksThey say "hell hath no fury like a woman scorned", (a misquotation from English playwright William Congreve (1670-1729)). Had XRP been around during those times, Mr. Congreve would probably have used her as a focal point for unbridled and reactionary contempt instead. Long or short, the probability of getting rekt is quite high with XRP but if you understand what she is then you're much safer on the long side if you DCA and know that the likelihood of her coming back around is pretty high. Philosophy aside, we all like convergences and high probability so what I've found is that if you can find common areas of interest, she'll play nice with you. I see two plausible forks in conjunction with a Fib channel down and then lastly (least reliable of the the three) a Gartley as icing on the cake. Take into account OBV as an oscillator, then she looks like a fascinating bird indeed. If you take the overlapping and most common areas of interest then you can comfortably estimate a DCA long entry. I personally like XRP at the areas where we see the following: 1. midline of down fork 2. bottom channel of up fork 3. the 618 Fib level on the down channel 4. "C" on the Gartley 5. 50 EMA as resistance 6. VPFR mean as resistance 7. OBV as a measure of being oversold Again, a DCA long won't hurt too much if you end up crossing her since, like any decent hurricane season, she's likely to come back around at some point. Have fun with her but respect her or you'll get the wrath yo :) As always, * * * Not Investment Advice * * * Stay frosty my friends.
by FudBox
4
$TSLA Bearish Spinning Top candle falling back on the 50 EMA$TSLA Bearish Spinning Top candle falling back on the 50 EMA after being rejected by resistance Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products through its subsidiaries to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was founded in 2003 and is headquartered in Austin, Texas.
NASDAQ:TSLALong
by BADQOMOCAWGOWLD
1
Beautiful Channel!Money Makers! GE has been trading in a horizontal channel for a very long time. It recently was rejected from moving higher and is currently attempting to bounce off the 50 EMA. If the 50 EMA fails we can expect it to move lower to retest the bottom of the channel again. Love it or hate it, hit that thumbs up and share your thoughts! It's all about Market structure, Area of value, and Entry Trigger. Don't trade with what you're not willing to lose. Safe Trading Calculate Your Risk/Reward & Collect! This is not financial advice.
NYSE:GE
by rnaofs
1
USDCAD Long Trade *SUPPORT ZONE*USDCAD has reached the 1.38600 support zone and is showing signs of rejection. If bullish candle closures remain then I can see buying at these levels should prove profitable. There is a 1hr bearish trend in play (trendline shown) so watch for price reactions there. If that TL breaks to the upside then 1.40200 and even 1.42500 could be achieved. The dollar us always in demand in times of global uncertainty and we are definitely in that right now. Stop losses should be placed conservatively below the wicks testing this support zone.
Long
by UnknownUnicorn772665
7
GBPUSD Cable Long Term TradeI am looking at the potential for a long term buy & hold on GBPUSD. There is a nice daily wedge pattern forming with price being supported by a lower bullish trendline and the daily 50EMA. Multiple daily wick rejections are forming at this current zone and I think we could see a push upwards and break of the upper wedge trendline. Risky entry = buy now and anticipate the break of the wedge. Low risk entry = Wait for the wedge trendline to break first. TP1 = Previous resistance at 1.35 Long term profit target = weekly/monthly resistance at 1.43500
Long
by UnknownUnicorn772665
2
USDJPY Short Trade Set Up *DAILY TREND 4hr TF ENTRY*Nice set up forming on USDJPY with multiple timeframes coming in to alignment. Daily timeframe is producing a new lower high with price rejecting the fib 0,786 retracement level and a previous bullish trendline to act as resistance. I will wait for the 4hr chart to produce a trend reversal set up before entering. I want a lower low and the bullish 4hr trendline to be broken before looking for short position entries on the next pullback. The trade won't be valid for me until this happens.
Short
by UnknownUnicorn772665
1