High-reward
NZD/USD Low Risk high reward Trade Idea By Hydra inc NEW UpdateNZDUSD 4H: risk/reward favors BEARS(NEW)
🔸 Summary and potential trade setup
::: NZDUSD 4hour chart review
::: closing on range highs now
::: 6150 TOP of trading range
::: reversal possible 24-48 hours
::: Short sell from HIGHS
::: using tight SL 0.6268
::: strategy: short from 6150
::: TP (0.5940)
Wolfe Wave USDCHF shortPossibly shorting USDCHF due to a good looking Wolfe Wave. Confluence is an ABCD pattern and possibly RSI divergence.
Short order put at the green area with target and stoploss indicated on the chart, good luck! Will most likely scale down as we move towards the profit target due to the high Risk:Reward.
Deep ITM Put on AMZNIt may be too late to jump in on this one, as the risk is about $20/share in option value if it turns against us.However, if you can stomach that kind of risk and have the capital, a .75 Delta ITM Put with 2-3 months of time value could win big. Today's slight rebound allows for an equivalent entry to the closing price from 11/10/2016. Trail your stop to the Red line.
Oscillator divergence supports the end of the long uptrend from earlier this month as well as an awful earnings report with supporting negative sentiment at this time (that doesn't mean it can't change on a dime). AMZN is a stock I personally avoid due to the psychology of it being an investors' "Sweethart". My personal opinion is it's one of the biggest bubbles of all time waiting to burst. Now could be the start...