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Sellzone

Small pullback for BITCOIN from this area !As we can clearly see, BITCOINUSDT have formed a symmetrical triangle on the Daily and 4H time frames, and in my opinion, we will break it from below and make a little pullback to the 44k levels to form a higher low on the bigger general uptrend! If this will happen, then expect a deep correction for altcoins as well ! After visiting the 44k areas, we will see higher highs and a new ATH soon, and our first station to visit will be 58k levels! Do your own analysis, this is not a financial advice!
Short
by kriptomaster
GBPAUD - Bearish FlagSometimes it could be hard for a trader to differentiate whether the market is going to have a Double Bottom setup with RSI Divergence of a Bearish Flag formation. It all voice down to your filter and experience in the market. If you are uncertain of any trading setup, then leave the trade alone until you have further confirmation. While a small group of traders are aware of my thoughts on this bearish flag setup, I regretted not posting this trade, but if you believe me, then that doesn't matter. At this moment I'm waiting for a double bottom set up at 1.8790, which is also the level that coincides with the retest of the broken trendline on the 4-hourly chart for a buying opportunity. And to your comfort, it is still within the buy zone of the 4-hourly chart and the daily chart as a trend trading setup, although from the recent market movement, the bearish move is much stronger than the bullish candle and that is why you need to have a strong filter that you have manual backtest for at least 100 times per timeframe, per currency pair.
Long
by RaynLim
USDJPY getting ready for a drop!Based on the chart, price for the third times reached a major resistance area and rejected. So based on these rejections, it seems to be a good trading area with low risk and high gain. Also the candlestick movements are getting weaker which can be a good sign for sellers. So based on this scenario I prefer to be seller at this area which can have good risk reward ratio. Note1: Selling on highs of the chart, can be a good trading way for this currency pairs for the following days. Note2: Please take risk management rules into consideration before opening any position on the market. Good Luck!
Short
by Brian_Philips
4
EURJPY - Bearish SharkA Bearish Shark Pattern formed on the EURJPY trade. The Shark Pattern is 1 of the trickiest pattern in the entire Harmonic Patterns collection. It can have as many as 3 Potential Reversal Zone(PRZ) which is also known as the entry zone. I'm waiting for the candlestick confirmation for a trend trading opportunity that happens within the sell zone(go figure, clue: the completion is within the zone) but just a bit shy of touching the supply zone(red box)
Short
by RaynLim
When is the Best Time to Buy & Sell ? 📊 When Is The Best Time To Buy & Sell? 📊 ━━━━━━━━━━━━━ The two most important decisions an investor will make are when to buy and when to sell. The best time to buy is when others are pessimistic. The best time to sell is when others are actively optimistic. When buying, remember that the prospect of a high return is greater if you buy after its price has fallen rather than after it has risen. But caution should be exercised. For example, after the stock of fictitious Company X declined by 30%, 40% or more, the first question to ask is why. Why did the stock fall as it did? Did other stocks in the same industry experience a decline? If so, was it as severe? Did the entire stock market fall? If the broader market or other stocks in the same industry/sector performed relatively well, there may be a problem specific to Company X. It’s best to adopt a buy/sell discipline and adhere to it. Benjamin Graham, the father of value investing, once said, “The buyer of common stocks must assure himself that he is not making his purchase at a time when the general market level is a definitely high one, as judged by established standards of common-stock values.” His reference was to what we discussed as fair value under the section Stock Valuation above.
NSE:NIFTYEducation
by dsp21486
GBPNZD good opportunity for sellers!Based on the chart, price reached a major resistance area and a rejection happened on Friday. This rejection can show us the weakness on buyers and on the other side It can be a good sign of entering new sellers at this area which can weight the sellers. So based on these scenarios it can be a good opportunity for selling at this area which can provide a good risk reward ratio. Note: As always please take risk management rules into consideration before opening any position on the market. Good Luck!
Short
by Brian_Philips
USDCHF in sellers controlBased on the chart, we can see a strong rejection of price on the 8th of July and even we do not see any reaction from the buyers on the next day(9th). This event can be good sign of sellers strength on the market. Also on the other hand, we can see a weakness on buyers at Friday(9th of July). So based on this scenarios, I have bearish bias for this currency pair for the following week. ** This scenario will be valid until price stay lower than 0.9150. Note: As always please take risk management rules into consideration before opening any position on the market. Good Luck!
Short
by Brian_Philips
AUDJPY in bears control!Based on the price, a strong rejection from a major resistance area is about to happening. This market reaction can show us the power of sellers at this area and a weakness on buyers. So I consider it as a demand area and that's why we can see this rejection here! So based on this scenario, I opened a sell position on the chart with a good risk reward ratio (about 1:2 TP1 -- 1:4 TP2). Note: As always please take risk management rules into consideration before opening any position on the market. Good Luck!
Short
by Brian_Philips
GBPJPY in Bears control!Based on the chart, price reached a resistance area and yesterday a rejection form this area happened. Also the chart behavior can show us a weakness on buyers because we can not see a recent high on the chart(there is no higher and higher right now!) So the weakness on buyers and the strength of sellers at this area lead me to open a sell position with a good risk reward ratio (about 1:4 for first target and 1:8 if it goes to the next target). Note: As always please take risk management rules into consideration before opening any position on the market. Good Luck!
Short
by Brian_Philips
2