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ETHUSD 4H WILLIAMS %R MOMENTUM STRATEGY SHORTStep #1: Define the Trend. An Downtrend is defined by a Series of LH Followed by  a Series of LL.  The definition of an downtrend is pretty much standard. In an downtrend, we look for a series of lower highs followed by a series of lower lows. Two LH followed by at least another two LL is enough to define an downtrend. A lower high is simply a swing high point that is lower than the previous swing low. While a lower low is simply a swing low that is lower than the previous swing low. We all know that the trend is our friend, but without momentum behind the trend, we might actually not have any trend. In order to gauge momentum besides reading the best forex momentum indicator we also look at the actual price action. Step #2: In an Downtrend Look for Bold Candlesticks that Close Near the Lower  End of the Candlestick   A common concept in technical analysis is that you want to use multiple confirmation signs when buying and selling. This will increase the likelihood that’s a high probability trading setup. In this regard, the momentum trading strategy besides using the best Forex momentum indicator also incorporates the price action. A practical way to read momentum from a price chart is to simply look at the candlestick length. What we want to see in an downtrend is big, bold bearish candlesticks that close near the lower end of the candlestick. Step #3: Wait for the best Forex Momentum Indicator to get overbought (above -20) and then rallies below the -50 level before Selling.    We’re going to use Williams %R, the best forex momentum indicator in a smart way. In an downtrend, we sell after the best forex momentum indicator has reached overbought conditions (above -20) and then rallied back below the -50 level. Now, we have confirmation from both the price and the best forex momentum indicator that real momentum is behind this trend and the probabilities are in favor of more downside prices from here on. Note* If the best forex momentum indicator continually stays in oversold territory (above  -80 level) it signals a strong momentum and conversely a strong trend. Inversely the same is  true in a uptrend.  Step #4: Place Your Protective Stop Loss above the Recent Higher High We want to hide our protective stop loss above the most recent higher high level that formed right before the best momentum trading strategy issue the sell signal. Alternatively, you can also trail your stop loss above each most recent higher high. This strategy will allow you to lock-in the potential profits in case of a sudden market reversal. Step #5: Your choice how to Take Profit or Tke Profit once we break below the Previous Lower Low  A trend in motion can stay in that state longer than anyone can anticipate and since we want to maximize our potential profits we let the market tips it hands before liquidating our trades. In this regard, we look for a break in the trend structure respectively a break above the most recent lower low. Alternatively, you can take profit once the best forex momentum indicator breaks above the -50 level. Note** The above was an example of a BUY trade using the Best Momentum Trading Strategy.  Use the same rules for a SELL trade. In the figure below you can see an actual SELL trade  example.   
BITFINEX:ETHUSDShort
by Tradingstrategyguides
2
Dow Looking DownAs we come to the EOM, a pretty well defined Monthly bear flag can be seen in the Dow Jones Industrial Average. Alongside this bearish setup, the current trade war is posing a big threat to global economies. Rising interest rates, tax cuts in a growing US economy, trade war threatening growth across the globe, this is not a time to be complacent in my opinion. Furthermore, take a look at China's primary index (Hang Seng -- HSI) on the Monthly chart. A very similar pattern occurred there before the heavy selloff that we are seeing now in China. Could definitely see some turbulence ahead. But as always, no guarantees.
DJ:DJIShort
by tyler_sim
1
USD/CHF - Wedge + Bearish Divergence + RSI OverboughtAfter today news USD went crazy high, and now it is time for a correction. I see some bearish price action in the charts, and we should be coming down soon. Do not use a big loss as this is still a risky trade. U can go for a bigger SL if you wish too, volatility is still high. What is your opinion? Do you agree? If you like my trades, dont forget to leave a like or comment below! :D I will update this trade soon, Mr.TTT
Short
by RodrigoFAC
4
TSLA at the Top of Fib Levels. Short Anyone?I feel that I could write a book on the many reasons to short Tesla fundamentally; whether for the intense cash burn, lack of production know-how and legal and mechanical issues, but this becomes easier when the stock is a clear short situation. Here, TSLA is clearly at the top of their Fib levels and is seriously overbought according to the RSI. Even in a bull market, these kinds of setups make even the most ardent bull fear for the short-selling army. Not only does this trade look good in the short term, but it very well could be a position to hold for a considerable time. Know, however, that there are chances that when TSLA runs out of money there very well could be a buy attempt by another firm, so needless to say this trade is not without risk and profits should be taken accordingly. Disclosure: Disclosure: I/we have no positions in any stocks mentioned, and have no plans to initiate any positions in TSLA within the next 72 hours.
NASDAQ:TSLAShort
by jgree107
Trading levels for 06/12/2018FED DAY WEDNESDAY 06/13/2018. Hello everybody, here are the levels for trading on Tuesday, currently there is a little more volatility in the markets, let's hope and it stays like that throughout tomorrow's day. Moving forward if market keeps pushing higher we have some resistance at 7240 to 7260, after that, it would be ATH. We had no trades on Monday, market didn't move to our entry pivotpoints, let's see what happens tomorrow. PLAN YOUR TRADE AND TRADE YOUR PLAN K.R.S.
CME_MINI:NQ1!
by UnknownUnicorn253835
Waiting for that NFLX ShortNetflix risk is very high and reward very low. Worst of the FANG stocks for sure. Netflix has almost doubled this year with no mean reversion or accumulation of volume A pullback on netflix could see it lose 75% of its value if it returns to weekly volume node. I wouldn't usually short such a big gainer as NFLX, but the opportunity could present itself if it continues to rise as a parabola could short when that parabola breaks. I would watch for major momentum shifts downward, blow off tops, and break in upward trendlines to find long-term shorts with good R:R. Somewhat unrelated but if the global market goes bearish long term, Netflix would see the largest downside of the FANG stocks. I am not doom and gloom on the market or anything. I think finding some short opportunities both short term and long term is a good way to keep capital safe from unexpected market swings so we should always keep it on our minds and allocate some earnings to bearish plays when opportunity arises. By the way. Great alternative to NFLX in entertainment space is DIS: - Netflix net income: $671 million - Disney net income: $11.5 billion - Netflix market cap: $160 billion - Disney market cap: $149 billion Disney is at major support here, and a break down from a symmetrical wedge on the weekly is unlikely. Disney is generally safer being long established and dividend stock, but especially safe and bullish right now per its chart.
NASDAQ:NFLXShort
by autemox
WTI: USOIL Still on Target for 86.33 but overbought near-termWTI USOIL After consolidating off the 66.48 line but never threatening long stops under here WTI has pushed 550 pips and more higher to 72.28 so far. It's a little overbought in the near term and looks like it will consolidate back to 70.69 and then bounce 150 pips or so - and then come back again, doing so 3 or 4 times before it pushes higher still. The overall trend is still positive and will remain so as long as 70.37 holds in the near term and at the worst the 69..48 line holds up on any retests from here. Swing traders can leave long stops below here and let it run for now towards 75.28 and eventually to 86.33 (which is the minimum upside target created by the reverse head and shoulders on last update).
TVC:USOILLong
by sumastardon
[LTC-USD] BREAKOUT-EXHAUSTED-OVERBOUGHT!LTC had a beautiful break out of about 24% in just 5 days! Wow.. that was really nice. I hope we can see more like that soon. This bullish sentiment is on fire, now, and I can see both American , European and Asian markets finally all collectively work together in team play moving up the volume and price action of all crypto across the board. What a relief! Finally, we have some nice price action after 4 months of bearish activity since Jan.. LTC is completely overbought and I am not touching this until it corrects again between $161-171 PS. This is not financial advice, this is only for education purposes and I suggest you perform your own TA. If you learned even just one thing from my video then, please support me and give a like and feel free to follow me to see how I profit from my trades! Thanks CryptoBuzzAnalyst
BITFINEX:LTCUSDShort
by CryptoBuzzAnalyst
11
1] How to use Traders Dynamic Index and Complementary OverlayTraders Dynamic Index serves for crossover signals and are essential for trade entries and most beneficial when identified on over 30-minute Time Frames as on hourly time frames. I have made the options available of the oversold (green) 32 level line overlay which is useful in identifying potential buy zones/price. In KK_Traders Dynamic Index_Bar Highlighting it is also good to note that in uptrends : RSI ranges between Upper Volatility Band, Lower Volatility Band and/or relatively "within" 68 and 50 level lines as it has been doing on hourly time frames on Bitcoin. Direction and deviation of MBL overlay or Phaser from price is strong indicator of trend direction and price level/zone useful for those who are confused in knowing where price will have to average into. Promoting free and highly useful Indicators: KK_Traders Dynamic Index_Bar Highlighting Traders Dynamic Index Overlay "Price Action Channel Master by JustUncleL Restored" _______________ I had not used these guides recently which I have currently published. If anything (I ever do publish) varies contrary to these indicated guides and the coming guides to be published, the likelihood of failed forecast is augmented.
BITSTAMP:BTCUSDEducation
by YardleyRosette
[ETH-USD] ETHERIUM OVERBOUGHT! SPRINT OVER!ETHERIUM: SHORT TERM Etherium is finishing its 4th leg on the elliott wave cycle making its way up to test the $877 Resistance. Notice the BULLISH signal on bottom that was given on April 11th, 1700 hrs which is a GOLDEN CROSS on the 2 hr chart where the 50 day MA crossed over the 200 day MA.. That was the perfect signal to go long. However, despite the great news, Etherium is SO OVERBOUGHT and needs a correction and pullback to remain healthy and strong! Volume is progressively great but in the short term precisely right now, I personally would not touch Etherium, since I see it pulling back with the average correction being about 10% down. Which would put you anywhere between $605-$625 where the 200 MA acts as support at the worst on a short term few days thru 2 weeks. In conclusion , short term a rising ascending wedge is observed being formed which indicates a BEARISH SIGNAL and Both my short term and long term TA signals confirm a reversal is imminent and way overdue any day now! ETHERIUM: LONG TERM Looking at the 1 day chart below, we can see that Etherium was about $360.80 at its lowest point April 04,2018… In 29 days it has practically doubled with a growth of 93%. Wow! That is really good for Etherium investors ! What has helped Etherium is that since April 03rd, 2018 the market cap for Etherium has nearly doubled. On April 25th, according to coinmarketcap.com the 24hr volume even reached 4 billion which was awesome! This is all great bullish news in under 45 days. Signifying the bulls have taken over for Etherium! So what kind of obstacles are ahead for Etherium long term? Well for starters, its OVERBOUGHT right now and is due for a correction any day now. It has had a nice upside for 28 days straight, and the RSI is showing the buying pressure is slowing down and has started to correct. The OBV shows it consolidating for at least 5 days! The Chaiken Money Flow, CMF shows an arch, showings signs of decline on money flow. MACD , is still positive for small growth. The highest it would go in the next 10-15 days in my opinion would be testing the resistance at 38.20 fib retracement level at $861-$877 which I believe would FAIL, without "substantial" volume to break thru. Refer the the day chart below, but it's obvious to me that Etherium will be ranging between the 100 and 200 day moving averages. If it drops to the 50 day MA it would demonstrate a sign of weakness with a good buying opportunity for those were left out at about $534 being the bottom for time being if we remain with a market full of restored confidence! The most I see, with Etherium for the next 7 days is minor growth then, consolidation with an imminent dump long term ranging from a 12% thru 25% negative correction where the 50 day MA will hold as a support line at $519 PS: This is not financial advice and only for education purposes. Perform your own TA! This is only my opinion and should not be construed as financial advice. If you learned even one thing, then like my TA and follow me to support my channel. Thanks CryptoBuzzAnalyst
COINBASE:ETHUSDShort
by CryptoBuzzAnalyst
End of the Bull Run or just a Correction?We've had a really good run over the past 2 weeks. Obviously we were over extended and due for some kind of pullback, but the 200 day MA acted as strong resistance once again. Overall this is a bearish sign, however, due the length of this bull move we could just have a correction and then attempt to break the 200 day MA once again. If we can break this point, then I will be bullish up to 11800, which is the next major resistance zone. I still am under the impression that BTC has too much over head resistance at this point to turn completely bullish. If we can start using major resistance points as supports, then I would become more optimistic on the potential of a trend reversal. Clearly we are still within the bear trend, but you also can't ignore some of the bullish strength that's been displayed. But we can't simply go back up to 20k at this pace and I feel like it will be a long winded battle between the bulls and the bears. We will see though.
BITSTAMP:BTCUSD
by kickflip360
[EOS-ETH] EOS-ETHERIUM KILLER ROCKS!Closed my position on this trade. Took a nice profit of 81.85% from this swing trade in 5 days. This was nice. EOS is completely overbought in my opinion. It has already sold over 12% and I believe will start dumping hard. EOS is considered to be the etherium Killer! This block chain in my opinion will rock into the future very well! PS This is not financial advice. Do your own TA, give me a like and support my channel if you like my content! Thanks CryptoBuzzAnalyst
by CryptoBuzzAnalyst