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Sellsignal

.618We’re at the .618 area of retrace,ent which typically has some support but I believe we could se a further drop to $43 or even $38…. $28 is the last resort….Plan to see some movement in these areas, and hold for the long term gain. Once we break back over $78 we could see it follow the strong bull market. There is a possibility of getting a scalp trade from $61-$63 off this level, but let’s not try to catch a falling knife. Only when we see some more stable support and volume would it be a good idea to scalp. Good luck and have fun with it
COINBASE:COMPUSDShort
by Ncard137
EURAUD Trade Setup This is a fakeout as indicated by the bearish harami candlestick pattern on the 1.68211 horizontal resistance level; there's even a confirmation of the downward trend 📉 by the next candle 🕯️. A market entry around the 1.67435 price level, a sufficient stop loss (stops shouldn't be too tight so that you don't get stopped out of the trade only for the market to later retrace and hit your target price) and take profit such that you have a reward-to-risk ratio of 3 or higher should be apt. Don't forget to apply appropriate risk allocation by trading the right position size (lots) and risking not more than 1%/2% of your current account balance on a single trade.
Short
by charles-okoukoni