Get started

Sellsetup

XBT Trade the Range Short SetupFor the past 4 months we have been trading inside this ascending channel and broken out of it twice, once in October and November for our most recent ATH . Since then we have fallen back inside the channel and have tested our 58k region with a move to the downside . I would like to see 58400 level lost and see a move down to 55k eventually which will put us at the middle of the channel and probably test the 100EMA . Ultimately I would like to see a move to the bottom of the channel 50400 but its best to trade this level by level . Until then I see continued weakness in the short term but the key here is trade the range your given . Still scalp longs to be had off of the levels shown and short opportunity if we back test 60900 POC region . Know your Invalidation and Like and Follow for all market updates and analysis
BITMEX:BTCUSD.PShort
by SJTRADESFUTURES
GOLD Market direction and open TARGETS BULL TARGET 1880, 1891 AND 1906 These Bull targets are open, we are looking for further confirmation on market open. Looking for EMA5 to break 1868 and close above. Price has already challenged this level twice last week. Now we are looking for EMA5 to challenge this level and then break it. EMA5 crossed above MA21 to give us the momentum needed for a stronger challenge. We have signals confirming this move already but EMA5 breaking the GOLD turn here will be our final confirmation. BEAR TARGETS 1858, 1852, 1845 AND 1832 1858 is in line with MA21 for a touch. If this does not provide immediate support then price will magnetize ma63 at 1852. These levels have all been open due to an EMA5 break on 1852 which left a gap open to 1845. 1845 may be the area of support price needs before resuming the Bull run. However coming so close into this range, if we identify a sell signal it will likely challenge 1832 as that is the benchmark for the volatile movement we had last week. Back testing shows price always comes to benchmark if a resistance challenge in the same range is rejected. Please like, comment and follow us to support our work to share more trading ideas and analysis from our traders. GoldView
OANDA:XAUUSD
by Goldviewfx
2
Ethereum may be running out of Steam in the short termBulls may be taking a break on Ethereum as the recent momentum up fades. The trend up could easily remain in tact while the action looks to squeeze out some buyers on a pullback. Being a natural cycle of price action, buyers need to be put on the sidelines for price to reset and start a new leg up but this can also provide some good trading opportunities. ------------------------------------------------------------- TRADE WHAT YOU SEE NOT WHAT YOU THINK Check out the website FOR THE 5 MINUTE TRADING DAY strategy ------------------------------------------------------------- ** If you enjoy our free content, please support and follow our profile, by hitting the Follow button to get further high quality ideas. ** ** If you are following our ideas any comments and likes are most welcome and will be greatly appreciated ** ** With quality alerts and correct Risk Management, you can learn consistency and grow your account ** ** With quality portfolio management and defined risk levels to help your account grow and achieve steady profit targets while increasing your trading edge. **
BITSTAMP:ETHUSDShort
by TradeTheStructure