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Downtrend

Shooting Star Formed on Weekly Basis Good Day , Hello Traders, Chalet Hotels formed a Shooting Start on Weekly Basis and it able to cross a major resistance. As of now, it may come down and test the levels for 355 and 333. Chart Self explanatory Time Frame : Weekly Disclaimer : I am not SEBI registered analyst, this is for educational purposes. Please trade as per your risk and do consult with your financial advisor before taking any trading decisions.. If you really like the analysis , please do comments, LIKE and Follow me.
NSE:CHALETShort
by Piscean17th
BTC MAY BREAK DOWN ANY TIME SOONHello Traders, Looking at my BTC Chart very closely right now only from a daily perspective, all i see is possible breakdown and I get the chart speaks for itself. I will be paying close attention to the rectangular down trend (Orange) just to watch out for any breakout above it but for as long as the down trend is not invalidated and the we see a closure below the supply zone... i will look for a good entry to short BTC to to Between $13,745 - $14,000 in the immediate. Trade carefully and with proper risk management. Regards
COINBASE:BTCUSDShort
by Olajireolapoju
2
GBPJPY: Asscending Broadening WedgeWe will be looking for a 3rd, possibly 4th tap of the resistance. Appying the 1% rule to this trade, i will split my overall into 2 trades. ... 1st trade will be the 3rd tap with a 35-40pip S/L.> as GBPJPY you will want a bigger S/L as it moves faster and most spreads reach for S/L's.... 2nd trade will be the possible 4th tap of the resistance, to hopefully get adn even better entry, Presuming the price will break out of the wedge to the downside. Another thing to consider is GBPJPY's impulses. Ive been noticing 90-110 pip impulses. the most recent impulse was 260 pips. Although the impulses have been this big, this next impulse to the downside will be the length of the LOWEST point near entry of the ascending broadening wedge, and will go as far as the HIGHEST point within the wedge. I will set my T/P the distance FROM the breakout of the wedge equal to whatever length the wedge ends up being. I expect the wedge to ascend around 100pips from the ENTRY point LOW. . Therefore, i will hope to pick up 100Pips before closing out all of my positions. Of course closing half of each position at 50pips wihtin that move. This is NOT financial advice! This is my OWN Speculation of GBPJPY at this given moment. Hope you enjoy!~
Short
by lodose81