Short-trading
GBPUSD : STRONG BULLISH MOVE
Hello traders.
GBPUSD had created a beautiful M structure previously and now has retested (Retraced to) the neckline of the M structure and shown above.
Rejection of the necklines, shows a clear and strong indication of continuing bullish movement.
Short your positions from MO day session opening and hold it for a long period of time with Targeted price 1.27555
USD-CHF Time To Fall! Sell!
Hello,Traders!
USD-CHF is going up now, towards the horizontal
Resistance level above, and after the retest of the level
I would be expecting a bearish reaction and a move down
To retest the support below
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
Possible SHORT on GBPJPY; creation of Bullish Deep Crab Pattern Hello everybody!
So, after shorting on daily timeframe, and saving my ass on 4H chart :D I'm again for - shorting. Or buying JPY, whatever sounds better for you!
Thing is, at least how I see it, GBPJPY will soon touch Fibonacci 1.618 (around 144.38). When? Well, it's a billion dollar question. However, I'm convinced that it will happen in the next 5-10 days.
At that point, a Bullish Deep Crab pattern will be formed, and I'm already putting on alarm and pending orders for Buy Limit.
After it reached D-point, next targets are:
T1: X-point aka Fibonacci 1, around 149.50
T2: B-point aka Fibonacci 0.618, around 152.71
T3: this is hardly likely but you never know :D - zone between A-C-points aka Fibonacci 0 between 157-157.80
Let's ride together on these waves!
EUR-GBP Short From Resistance! Sell!
Hello,Traders!
EUR-GBP broke the support level
Which turned into a resistance
And we are now seeing pullback
To retest the level
From where I would be expecting a move down
Towards the target below
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
AUD-USD Potential Short! Sell!
Hello,Traders!
AUD-USD is retesting a horizontal resistance again
And I am still bearish on the pair short-term
Thus, a local pullback and a bearish reaction
Are likley to follow after the pair hits the level
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
AUD-CAD Short From Resistance! Sell!
Hello,Traders!
AUD-CAD is going up now
But the pair is trading in a downtrend overall
And we will soon see it retest the falling resistance line
From where I would be expecting a bearish pullback
And a move down
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
✅EUR_CAD WAIT FOR BREAKOUT|SHORT🔥
✅EUR_CAD bounced off the horizontal resistance above
Just as I predicted, but the pair still looks bearish
And as it is now retesting a local rising support
I think that IF we see a breakout of this support line
We can go short with the target nearby
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
CRUDE OIL Potential Short! Sell!
Hello,Traders!
CRUDE OIL is trading in an uptrend
But one might see the narrowing wedge
That was fomred, and now the price is trading
In the very tip of that wedge, while retesting
The rising resistance level
And becuase I think a correction is needed on oil
IF we see a breakout, we can go short
With the target of retesting the support below
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
XMR short$XMR reached the resistance area formed by the upper boundary of a descending channel and the multi-month resistance level. Decline to lower boundary is likely to happen next.
BITCOIN Breakout Short! Sell!
Hello,Traders!
BITCOIN broke the rising support line
After retesting a horizontal resistance level
So I am now locally bearish on BTC
And I am expecting a bearish move
After the retest of the resistance above
Sell!
Like, comment and subscribe to boost your trading!
See other ideas below too!
The Bears may take over the market this weekEUR/USD is still in a bearish trend if you look at the weekly chart. However, the last 2 weeks have been tricky for the bulls due to a "risk on" market mood - due to the reduced fear associated with Omicron. But, I still think there is more room for bears, because the previous week has already included all the positive information in the price. So, from a technical point of view, you can enter a short position if the upper channel and the double top are breached (in which case we would have double confirmation to enter the short position).