Is it the good time to sell Tesla stock?This chart helps you to choose between buying or selling
What do you think?
Breaking Up or Bouncing Back
Sellzone
Trade Ideas Educator: EURJPY GartleyA Deep Gartley set up for a trend trading opportunity that forms withing the sell zone.
Well, this is so much better than just a sell zone, isn't it? Analysis of this pair has made a 180-degree turn.
A candlestick pattern confirmation is required before the trade can be engaged.
Trade Ideas Educator: NZDJPY BatA selling opportunity surfaced on the NZDJPY, as a trend trading opportunity. The bearish bat set up outside of the sell zone but within the next consolidation.
If the bearish bat setup most likely it breaks and closes above the sell zone and if that happens it will be treated as a counter-trend trade.
EURUSD-Weekly Market Analysis-Apr20,Wk4The candle break and close below the sideways consolidation(red line) and retrace back into the 1-hourly chart sell zone and within that, there is a bearish shark setup on this trend trading opportunity, AB=CDpattern is in to sweeten the deal.
I will be waiting for a candle confirmation to engage the trade.
Trade Ideas Position: NZDUSD ButterflyA bearish butterfly has set up on the 4-hourly timeframe, is nice to see that the setup is within the sell zone.
On the 1-hourly chart, it has already shown that the trade is qualified, however, not yet on the 4-hourly chart. Wait for candle confirmation is essential for this trade setup.
YM - e-mini DowJones S/R levelsHello traders,
Description of the analysis:
The market generates higher price distributions in rotation with the support of volumes. In the analysis, I marked the supports mostly on the first standard deviation of the volume profiles at the indicated ranges. Keep in mind that the red line is the price of the largest volumes on a given range, which means a fair price. The market often rotates around this price in a balanced profile. And when the s/r zone is supported by a fair range price in the past, the zone is more likely to react faster. The thicker the zone is, the more important it is. It always depends on market sentiment, because even strong support or resistance can be skipped without reaction, so always follow the money management and business plan. The future in the markets is always work with probability and money management.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (4 000 000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
Dax ForecastD1 - Bearish hidden divergence.
H4 - We have two important sell zones that has formed based on the fibonacci expansion levels of the two waves we have. Bearish divergence
H1 - Price has reached the first sell zone, bearish divergence. If the price moves lower, breaks and holds below the low at 10139 we may then expect further continuation lower.
Alternatively if the price moves higher then the next area to look for bearish setups with bearish evidences would be the second sell zone.
Trade Ideas Position: USDJPY BatIt's not over yet. Minutes ago I've manual exit the second target of a bearish bat on the daily chart. Exit price 107.69(+374pips), the reason being I've spotted this bearish bat pattern on the 1-hourly chart and it is more than 100pips away from my manual exit price.
I will wait for a candle confirmation to engage for the shorting opportunity.
USDJPY-Weekly Market Analysis-Apr20,Wk1There is an existing bearish bat setup on the daily chart, and we are holding on a 352pips of running profit, 41pips more to hit our first target(check out the link 3).
Traders who had missed the setup or would like to engage additional shorting position may wait for the market retrace back into the sell zone(red box) on this chart.
Gold Short Term ForecastH4 - Bearish trend pattern, bearish hidden divergence.
Price has currently reached a strong resistance zone formed by the 1600 psychological level, 200 moving averages and the 161.8% fibonacci expanasion level of the first wave we have.
H1 - Bearish divergence, until the sell zone shown in the chart holds my short term view remains bearish here.
Trade Ideas Educator: AUDCAD SharkA bearish shark pattern has already reached Point D, but it's still not the right time or the preferred price for me to engage this trade. I prefer to wait for the Shark Pattern to reach its HOP level or instead the supply zone(red box) to engage the trade.
What're your thoughts on this?
Dax ForecastW1 - Bearish divergence, uptrend line breakout.
D1 - Bearish convergence, uptrend line breakout, In addition to this, based on the Heikin Ashi candles we can see that currently we have strong bearish bodies in downward moving market conditions so it basically reflects a bearish environment.
H4 - On the H4 chart too based on the Heikin Ashi candles we can see that currently we have strong bearish bodies in downward moving market conditions so it basically reflects a bearish environment here as well.
We also have two sell zones that has formed and the price has currently reached the first sell zone. Until these two sell zones hold my view remains bearish here.
Trade Ideas Position: EURJPY SharkA bearish shark setup as a trend trading trade within the sell zone. The structure also has an AB=CD pattern formation complete at the area, and this will increase the selling pressure. Trade has already engaged and level send to subscribers who are in our community, check out the link(3) at the signature below.
Trade Ideas Position: Gold BatA bearish bat setup, X form at the consolidation structure before the drop of gold. This trading setup is an opportunity for both counter-trend trend-reversal trader to engage for a shorting opportunity; the only difference between the two is the target profit area.
Trade has already engaged, what're your thoughts on this?