Shortingopportunity
Is a shorting like the one of March 12th predictable? BTC 2020- How would you predict a movement like the one we saw on May 12th? Those days BTC lost >55 % of its value.
- How can we take advantage of that?
- What technical/fundamental indicators do you suggest to use/be more accurate?
Any ideas and thoughts about this topics are welcome.
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Shorting opportunity - DMART testing its major support levelDMART has been testing its long time support level on the daily chart for quite some time now. A good momentum on the downside can lead to a major downfall. A strong bearish candle should be looked for in the coming days.
If the price closes above 2365, this study will stand invalid.
A relação entre as EMA de 9, 50 e 200 dias com ETH/USDC...Essa interação está realmente única...
Reparem como o preço usou a EMA de 9 dias como suporte, rompeu a EMA de 50 dias, sentiu resistência da EMA de 200 dias, depois usou a de 50 como suporte, e rompeu a de 50 novamente para usar a de 9 dias como suporte!
Vamos esperar algum tempo e ficarmos atentos para observar se a EMA de 9 dias irá ser rompida, o que seria uma indicaçã de baixa, ou se ela atuará como suporte para depois o preço romper as resistências das médias exponenciais de 50 e 200 dias.
Na minha opinião, existe uma boa probabilidade do preço movimentar-se um pouco dentro do canal, para depois ROMPER A EMA DE 9 DIAS E DESVALORIZAR!
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GBPUSD #Forex #ForexTrader #ForexTrading #ForexChartAnother possible chance to enter on GBPUSD short if you missed the initial move from the top.
Right shoulder completion on the bigger H&S pattern
Believe this could be £'s last hurrah before Brexit.
Any question dont be afraid to ask
Ben
#PipGainFx
AUDJPY #Forex #ForexTrader #ForexTrading #ForexChartPossible shorting opportunity the break of the wedge..
I am already short from somewhere near the top..
if there is a break of the wedge then i may open another position with a tighter stop loss
AUD seems real weak right now and YEN is booming.. at least up until the rate decision ON THE 31ST OCTOBER!!!
any questions feel free to ask
Ben
#PipGainFx
EURCHF - Sell Opportunity With Good Risk:RewardEURCHF is currently consolidating near a major resistance zone. I'm looking forward to entering into a short trade after some confirmation. This trade should give a decent R:R once it meets the sell criteria.
The confirmation I'm looking for is 4-hour candle close below the 20 and 50 EMA. If the candle closed below the current support near 1.10339, that'd be an even better signal.
As a side note, I've noticed some correlation between the USDCHF and EURCHF on lower timeframes. So, the EURCHF might drop with USDCHF after today's data. But so for, this is my theory, I haven't fact-checked the correlation yet.
Feel free to leave a like and your thoughts.
Dax daily: 21 Jun 2019Those of you who drew the resistance line at 12 433 haven’t done so in vain. Look at this luxurious reaction from that level.
After a nice short move from the 12 433 level, Dax eventually found some buyers around Wednesday’s close. Today, the price opens with a significant short gap.
Important zones
Resistance: 12337, 12373
Support: 12219, 12191
Statistics for today
Detailed statistics in the Statistical Application
Macroeconomic releases
09:15 – 10:00 CEST – Eurozone PMIs
Shorting BSVBSV is forming a descending triangle pattern, a possible bearish pattern and a short opportunity. Be ready.
Shooting star spotted on 4h chart, GBPAUD short.Hi traders,
After a tremendous rally in recent days we can see this pair is exhausted now. While RSI being overbought we have a perfect shooting star candle sitting on the top which suggests a trend reversal.
I have entered a short trade here and marked the tp and sl for you as well.
Let me know your thoughts.
Trade safe and good luck.
Attempt to catch the short-term trend reversal/correctionAfter the strong up move that lasted for quite a while without any significant pullbacks, the shooting star pattern appeared in the "grey area" of assumed resistance.
1)Going short with my Stop loss over the high of the shooting star.
2)The profit target is based on the assumed 50% correction and technical structure.
AUDUSDAUDUSD - Downtrend Continuation move anticipated from the retracement.
Great opportunity to short the market.
Weekly time frame provides sufficient confluence of the downtrend and retracement raly down opportunity.
4H time frame on the other hand provides entry reason because consecutive bearish candles.
Decent risk/reward ratio with potential with second target.