USDCHF Fib Confluence Short TradeLooking for market to retrace after running into a 127 and 141 fib confluence that are within a pip
Market is also very overbought giving more cause to the short case
Not looking for total reversal just pullback to continue the overall trend
SL is at the 1.00560s above the previous swing high
Looking to take profit at 9990s
Good luck and always have a plan
LIT
UJ Short retracementMarkets overbought and into structure (Look in comments for wider picture) Looking for a small retracement into 111.30's a very small risk high reward trade.
Also looking for a long at the .618 retracement which has acted as a good level of resistance which should now become support.
I will update on how it goes!
Good luck out there
LIT ETF: Further Trending Down Bullish Descending WedgeExpect a further slide down the large bullish wedge into more probabilistic BO zones (as indicated by green projection area within the wedge), then trend reversal that moves within the trident. The current movement is a completion of a bearish ascending wedge, which correlates with a continuation of the downward trend. The VFL shares the current bearish sentiment as does the Wies, with an overall decrease in buying and selling volume - such things also indicate a possibility of a large movement.
LIT: Long term Long, looking to add onAnother favorite which i almost forgot i had. Entered a while back at 24$. working out just perfect so far and actually growing at a faster pace than i had anticipated. Going to add on to my position here substantually. as always a 3rd position @ 34$, a half position @ 33$, and a full position @ 31$