THE RESISTANCE IS TOO STRONG! - TVIX - CREDIT SUISSE- 30MN- IDEAThe market has been rejected several times along the bearish resistance line.
It seems like buyers are not strong enough and the sellers look like accumulating profits by consolidating positions.
Beware of the resistance which could be tested again.
To lookup:
- Volumes confirming that we are in a long run down.
- Pullback on the resistance blue line .Nice entry point for a short position.
Timing next week:
-Open movements and midday to close movements
Have an amazing weekend!
Resistancerejection
[USDCAD] Quick Short Setup We are currently consolidating within the rising wedge where we could consider opening a short position. It also outlines perfectly with our resistance zone as seen on the chart. This is quite a risky trade as the bulls seem to have the higher hand here, however, we do seem to be entering an overbought zone.
This is NOT a financial advice, trade at your own risk!
Short Dow Futures (YM) on Resistance RejectionAn opportunity to short the Dow has presented itself. Price couldn't break through resistance and is retreating. Setup is invalidated if price goes back up above resistance. We should see the lows from a couple weeks back retested and perhaps even broken.
POSSIBLE SHORT+ Price is continusing the move to the down side (bears are in control)
+ Currently, price is respecting the new resistance (rejection spotted multiple times)
+ I will be looking to short this pair and target the next nearest support as a first target
Feel Free to comment your idea below.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Thank you for your support!
Kratos_Trading
POSSIBLE SHORT EURAUD bounce in a range bound, the price is rejecting the resistance zone therefore I am looking at a good opportunity to short.
Disclaimer
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
Kratos_Trading
HDFC, 30 min chartAS discussed in my previous chart, resistance zone has been established with the downward breaking gap. Look out, price may be rejected at 1250 to1252.50l levels and may find support at 12370(todays low levels) and previously established supports
I THINK WE CAN SELL EUBUND ! TVC:EUBUND
Hello dear trader, first of all thank you for reacting to this analysis proposal with a like or a comment if you agree or if you have corrections to add!
We have a ascending triangele in formation
REASON OF BEARISH:
1- PRICE ACTION AND REJECTION OF THE RESISTANCE
2-RSI ABOVE 70
EUR JPY Multiple Tell Tales About Going Short.We see various signals that EUR JPY will have a good opportunity here for a short position.
1) First of all we see a large number of consecutive green candles that made the RSI go out of our oversold region all the way into overbought in a very short time. This is a sign of unsustainable growth
2) This growth has been reduced suddenly by staying still around the horizontal resistance level
3) A bearish RSI divergence has been spotted where the higher high happened in conjunction with a lower high on the RSI
I am entering with a short position. This will be my last position before the market close of the weekend kicks in.
USD/JPY REACHED RESISTANCE AND FORMED DOUBLE TOP (?)Daily resistance reached
Double top formed
If breakout happened at 4H support line, downtrend
D&O, a tough nut to break?Among one of our favorite counters, been trading in and out this counter multiple times since it was trading above 0.60 point.
It can be seen that D&O is trying to break 0.765 resistance barrier multiple times with no avail.
A good example of EMA rebound stocks.
Watch out for possible further upside once it breaks the 0.765 level with volume.
NZDCAD - Bearish Signs - Swing OpportunityHello everyone,
The NZDCAD shows multiple bearish signs:
- Rejection on 1M resistance level
- Current price tested 1W upper channel line and rejected
- Bearish divergence on 4H using RSI
- Fibonacci Extension Golden Ratio reached on 1.61
Maybe there's a very good opportunity to open short on current price 0.8716, using as TP 0.8523 (strong 4H support near from 1M support on 0.8535).
Good luck everyone!
KSS - Gap Holding Back KohlsKSS had a gap down on earnings on May 21st. This is the third time price has gotten near or tested the gap resistance level & it has been rejected each time. Price seems to be falling from this level again as it sits in an overbought condition. It provides a short opportunity with a couple of Fibonacci Extension levels provided with the dashed green lines.
INTC - Pulling back after filling gapAn update from my previous INTC post on October 24th. The price has continued moving higher since the positive earnings announcement but the price seems to have been rejected right at gap resistance. Just have to wait and see where the stock can find support. I'm looking around $54.80 which is the 100% Fibonacci Extension level.
USDCAD - RANGE TRADE IDEAUSD & CAD are suffering bad data outputs and lack of demand for oil.
We could see this market testing the bottom of the short term range around the 1.315 zone looking for direction.
Further drop in manufacturing data could see further downside.
GBPUSD Daily ResistanceOn this pair (gbpusd) based on my analysis the price hits its previous daily structure which is the resistance level. to confirm that it will reverse to the up side is that we need to see rejecting candles so as false breakout, If not then price will break though daily structure and continue to the downside.
Rebound1)Towards the main trend, the main resistance area
2)Multiple Candle rejection signals, especially the last shooting star one
3)R:R >1:2.5
Yep, still shorting ;)I'm in short here again ;)
I said yestarday that "Ok guys, I came into conclusion with BTC, if we close daily below 10100, or next 2 4h candles below 10050, Im shorting again."
But! as PA changes all the time, it was a good choice for yestarday only, but now I see that even though we closed above 10100, we are failing to preserve this level here again, and thus I entered short at 10240 (sl: 10332), we again under strong resistance of 4h cloud + ma50/sma200 (Strong support/resist MAs from our previous shorts), also volume buying power again still very low and dropping...
Strong support level should be 10150 (EMA21 is there), if we manage to hold this area, then bulls will have stronger mumentum to push up as this turned into strong support, but if we close below it (on 4h tf, or daily), then we are going to see very strong move down towards 9800, and since we hit that place too many times, to me it looks like it weakens a lot, which means that we again are on our way to 9500....
Long if we hold this area and if I have confirmation that we are going up, or if we fail below then we will short.
AUD/USD: Daytrade-Opportunity#SELL Hey tradomaniacs,
welcome to another free signal of WEEK 36 Nr.14 !
Important: Wait for the break below the horizontal resistance and sell after rejection.
Remember -> Tomorrow are NFP`s, thus market could also stay in a waiting mode!
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Type: Daytrade
Sell here: 0,68134
Stop-Loss: 0,68348
Target 1: 0,67797
Target 2: 0,67628 - 0,67578
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
Bought $NFLX Put Option At 299.80 TodayNASDAQ:NFLX Printed a similar shooting star type candle today that it has a few other times in this current downtrend channel. Bought Sept 6th P282 option today for 1.13 at NFLX 299.80. Looking for it to react similarly as it has before on a resistance touch/rejection, and hope to see around 278 sometime before or on Sept 6th. Happy hunting and GLTA!!
Price Reversal ???Price had previously been in downtrend for a long time , past the lowest price zone , Price is pulling back into zone and resistance line.
BREAKOUT occurring ???? anytime soon , what can we consider ? Brexit ?.
(feedback ,thoughts or criticism welcome)
comment about your keyzones
please interact
Boeing Gravestone Doji PrintDetails on chart. See linked pic for diagram of gravestone doji rules and implications for reversal. Also ran into 125 moving average resistance. I like Sept. 6th P312.50 for about .82 per contract right now. Happy hunting and GLTA!!
