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Longtermshort

EURCHF Longer Term Shorts - Massive Consecutive Candle count Really like the idea of shorts on this pair for a number of reasons, well 2 mostly! Firstly we're back up at the top of a descending channel and this pair has been falling for a long long time. And more perhaps more importantly is that the consecutive bullish candle count has never been this high since 1993 - it doesn't happen often and when it does it falls over. It's a probabilities play for sure but one I'll be taking.
Short
by CromerKing
2
EURUSD Long term short ideas from 1.10500 (or 1.11000)This idea is based on my higher time frame bias that I have marked out from a while back, as we are steadily approaching a key level on the HTF. I'm going to be expecting EU to melt back down towards 1.07500 or lower to fill in major imbalances that have been left from before. In addition to this, we are entering the 0.78 region of the fib range which is a more premium zone to sell. As of now I will be waiting for price to slow down momentum and start showing some signs of weakness, in order for give us a a better sign that price is ready for a reversal. Ideally I want to wait for the 8hr supply on top of the daily however, if we see our lower time confluence i.e. Wyckoff distribution & CHOCH, I will be then looking to enter and hold on an intra-day basis. Confluences for long term EURUSD shorts are as follows: - EU is overall bearish on the higher time frame like the (monthly and weekly) - This is a pro trend trade that will be following the overall market trend. - Internal structure is also bearish as we have CHOCH on the higher time frame with a BOS. - Price is approaching a daily supply zone that has caused a BOS to the downside. - Price is also entering the 0.78 area of the fibonacci range good sign for a potential reaction. - Lots of FVGs on the higher time frame below as well as major pools of liquidity points. - Price has also swept lots of liquidity to the upside and has take out most of trend line Liq. P.S. Personally, I see price most likely reacting off the 8hr supply above the daily, just because there was a previous consolidation that still holds some liquidity above it. Hence why I will be waiting for that to get swept to mitigate the institutional candle that was left by the 8hr POI.
Short
by Hassan_fx
SPX long term ideaHi traders, my view is always long term. So keep in mind this is a 3month chart. Whats intresting to look at is the 3month chart with the 21MA, If we look at the avrage if it breaks, its usally a bloodbath. I am watching this level closely and if price breaks below the oods of a big % drops increase. The current drop of 20% is nothing and is a normal correction in any market. A 50% drop is also normal in any healthy market, 50% takes us to the corona lows. A big drop 80% or more is a big recession and bad times, it will take us to the dobbel top of 2000s and 2008s. My play with stocks and indices is to not trade it at all, the downside is to great, and i think most traders think the same, there for its not happening, this is the most forcasted recession in history and the main stream media is also pushing the idea. Thefor it can not happen now i belive. We need the same elements that cused the drop, black swan events, prices out of controll, big inflation. If the situation in ukraine escaltes to a big war, and we have drought and cold winters not to mention if anything happens in middel east or china/taiwan. Prices will move out of controll. If we get energy inflation over the long run its going to be bad again, the short term fixes in the supply side is because of US elections. Longer term the supply demand is not in balance. My call on this is to not trade it, its tight range, the risk is big and commodities have better fundamentals, based on global strategy on carbon we have created a scenario where mines, oil, gas is not being explored while demand gets ever bigger. I am playing commodities and commodity exposed stocks or etf. Hopefully it helped.
SP:SPXShort
by TradingIsNotGambling
9
DXY Investment Plan - 1/Jan/2023Hello Traders, Hope you all are doing good!! I expect DXY to go Down after finishing the current correction in LTF. Look for your SELL setups. Considering the fact that there are also traders looking for ideas wrt investment purpose, I will be posting my view on few assets for Long term trades. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
TVC:DXYShort
by For3xScalper
1
EURGBP Investment Plan - 21/Dec/2022Hello Traders, Hope you all are doing good!! I expect EURGBP to go Down after finishing the current wave. Look for your SELL setups around 0.88500 level. Considering the fact that there are also traders looking for ideas wrt investment purpose, I will be posting my view on few assets for Long term trades. Please follow me and like if you agree or this idea helps you out in your trading plan. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Short
by For3xScalper
Forgot to publish (Scalp)This was my idea yesterday, I forgot to publish. Obvious H&S breaking the uptrend channel At $1720 we should see some support and possible scalp up to $1800 Overall still a downtrend until proven otherwise…. Could break $1720 and head straight to $1380, As we all know the market doesn’t move in straight lines and when it pushes far from the ribbons we usually see a heavy retrace always aiming for .618 $1816, $1850, $1890 are rough estimates if it reaches that high, if not sell for better entry. Good luck, and have fun with it
BITTREX:ETHUSDLong
by Ncard137
AUD/USD: Longterm drop viewHello, everyone! AUD/USD has shown big bearish movements last week. It was due to FED meeting results and dropping under resistance cluster. So, now we see a clear H&S figure which could lead to longterm drop, considering a clear divergency between FED and RBA policy, where FED is considering several rate hikes in 2022, while RBA is not considering any rate hikes these year. It is a longterm trade, due to strong support on 0.6995 and a parallel channel support. But we could reach shoulder target pretty soon because the bears are getting strong and dollar is dominating on the forex area. Head target could be reached in few months. Shoulder target: 0.6760 Head target: 0.6153
Short
by SA_investing
Is BTC going to CRASH?Hello all, This November was miraculous for us crypto traders. The price has set the new ATH of 69k USD. However, is everything so clear and beautiful as it seems to be? There are several signs indicating that "crypto winter" is on the way. Let's list them as follows: 1. On weekly and monthly charts the price is forming a very obvious regular bearish divergence. 2. On any time frame we can observe that the price is contracting in a rising wedge pattern, which is a beautiful sign of incoming bearish correction. 3. If we take a look at candles then we can see that bearish candles are bigger in size than bullish ones, plus the bearish move is faster than the bullish move. 4. The US Fed is not going to print money forever. This artificial bubble is going to crash pretty soon. Last week US30, NAS100 & SP500 all experienced quite a substantial correction. 5. Also, if we look at the weekly chart the price might form a double top pattern, which would definitely indicate a solid bearish move. I guess all above mentioned factors are indicating that the crypto market might be standing at the edge of the cliff right now. Disclaimer: Any risk related to trading this cryptocurrency is solely on you. Please, think thoroughly before making any trading decision. Cheers! :)
COINBASE:BTCUSDShort
by Barysbyek
WTICOUSD - long term shortHello all, Right now the price is breaking out of the long term rising wedge and most importantly out of the structural level (75-80 USD). First of all, we need to wait until the 1D bearish candle closes below that stuctu- ral level. After that the retracement is very likely, which will give a chance for a successful entry. The entry should be at the structural level. TP, scale-in and BE SL points are indicated on the graph. Disclaimer: Any risk related to trading this commodity is solely on you. Please, think thoroughly before making any trading decision.
OANDA:WTICOUSDShort
by Barysbyek
2
GBPNZD Weekly TF 04/02/2021in this analysis we are focusing on a very long term position which can be kept opened for a year and half or more, we have a simple descending channel and a Fibonacci projection which is having confluences between the parallels leg and lower bound of the channel we have specified the 1 TP as the ATL and it can be achieved probably by mid or end of 2021 and the 2 TP can be for 2022 there is a Green TP zone which should be traded very carefully, we should reanalyze the market when the price had fall to the zoon or 127% of Fibonacci projection
Short
by BitonGroup
GBP/USD - Reverse Symmetrical Correction - Bearish OutlookEvening all, A bearish formation printing into place for GBP/USD. Price will continue upwards in the short term and potentially create a throw-over before a reversal back into the triangle and a sustained move downwards. A longer term bearish outlook going into 2021. A good strategy to buy from pullbacks on the smaller time frames until then will provide some wins. Manage your risk well and remember to always plan your trade and trade your plan. Beyond Edge Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Trust your own analysis. Beyond Edge
by BeyondEdge
Upwork Finances.Upwork is a company that mainly makes money as their hired consultants make money. So the more employers hire people through the service the more revenue they generate. This could be problematic long term as after they hire a "temporary employee" because thats whats assumed through the program if they decided to hire them long term after their term is over then Upwork gets nothing. AND they just lost future revenue. PLUS Over the past few years they have been in the hole. We have a history of net losses, anticipate increasing our operating expenses in the future, and may not achieve or sustain profitability. Quote from their SEC filing 10-K I will be looking for a SHORT when it seems they have peaked. RED LINES=DAILY support/resistance PURPLE LINES= Weekly support/resistance A lot more pricing information at those higher price points. What could've dropped the price is that they've had an offering so that they can manage extending the life of the company. More offerings means a lower price.
NASDAQ:UPWKShort
by JakeBrandonCastro
Draft Kings BubbleIN MY OPINION The coronavirus has sparked a lot of interest in people with (extra money) stimulus checks/unemployment and (extra time) unemployed. When things go back to "normal" and people go back to their regularly scheduled days they will forget about gambling with draft kings but not all of them. I think there will be a solid price range that it will hang around... Right now the most resistance I've seen is around 18.68 and 11.43 for support. Of course price action isn't the only thing to factor in what a company is worth.. I will be looking to short this once momentum slows down.
NASDAQ:DKNGShort
by JakeBrandonCastro
8
GBPJPY BREAKS 131 SUPPORT : WHAT FOLLOWS ?The British pound ran into resistance again against the Japanese yen as it rallied towards the crucial 132 level. This is an area that has been important more than once, as it was previous support. At this point, the market looks as if it is trying to roll over again. Outlook in GBP/JPY is unchanged as GBP is long-term bearish. Below 130.64 will target a test on 123.94 low. but a nearby target could be the 127 level. One thing is for sure, the market looks as if it is running out of momentum to the upside in general, so having said that it is likely that the downside is going to be much more preferred. Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether trading is suitable for you in the light of your financial condition. Goodluck !
Short
by Tim298
2