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Bearishtrend

VNDA Descending Triangle Pattern. Short (and Long) Opportunity.Simple probability set up. Triangle downtrend started in 11/2016 and VNDA has only been through one full harmonic trend (wave) ever since. Second wave downward move imminent with RSI confirmation @ 35 and bearish $13 target. However, aggressive long entry for quick profit ($15 bullish target) especially with upcoming earnings. Upon $15 target, (expected RSI >50) short for mid-term trend follow. Quick Long Target: $15 First Short Target: $13 Second Short Target: $11.50 Total trade should complete by/in April.
NASDAQ:VNDA
by AtoHoward
GBPJPY TREND CONTINUATION TRADEHello traders, we're looking at trend continuation trade setup on GBPJPY daily chart..Obviously we still in a bearish trend because the price move from top left to bottom right of your chart..Last week the price have broke below and closed below the previous structure support..This indicate the trend continuation to the down side..The orange box is the area where I'm looking to sell this pair because there is a few structure and fibo confluences also in that area..Lower time frame will be very helpful when you want to execute the trade..Good luck traders :)
Short
by Z_Afiq
EURUSD : Bearish Trend Continuation setupAs we can see in the chart we are having clear bearish trend in EURUSD and its making newer lows. There is retest of support turned resistance zone, where we are placing our entry orders to short EURUSD. If you are looking for longer targets you can book around 1.1150's with trailing your stops I had this one in my radar today morning thought that I have posted already just noticed I didn't. Now the market has moved little away from entry zone but still offers good risk-reward for Entry. Do me a favor guys,comment whether this font is readable ? or too big ? Happy Trading !
Short
by InsiderB
EURJPY: Harmonic MovesHere on FX:EURJPY we have a very nice harmonic moves inside the channel. This is so called 3-drives pattern and we have a very nice trade setup to go short. The structure and harmonic moves gives us the clear opportunity to sell. Our target is the next support level @ 134.72 with the confluence of fibs 50.0, and stops go above previous lower high. Note, that we are in a bear market right now. ------------------------------------------------------------------------------------------------------------------------------------------------- ATTENTION : Very soon, the best forex services will be available for you traders. Our team is working hard to satisfy your needs. We give you the opportunity to choose between the best brokers in the industry, with the confluence of analyses and investigation of our experts’ team. Our team will be ready to guide you through each broker you are interested. And many more friendly services and atmosphere will be available only for you! And of course the best service ever, we do offer you a so called “Big Deal” service, which you have never faced before. Reserve your sits my friends! Follow me and be the first to enter our world!
Short
by RCP