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Shortposition

XAUUSD PRE-MARKET ANALYSIS 12 APRIL, 2021OVERALL TREND DIRECTION- BEARISH ON THE DAILY TF. Corrective and ranging on the 4H TF. We can see that price has made a double top pattern and may potenially look to make lower lows to respect the overall move to the downside. The 2 potential short scenarios this week are as follows. Scenario 1 will follow a break and retest of that support level to the downside. Scenario 2 will follow a bounce off that key structure level and a rejection off of the most recent high to the downside, where we can look for short opportunities to continue the bear momentum.
OANDA:XAUUSDShort
by Trader_366_FX
[GBPUSD Short] 8 Feb, 2021 - Roger V Trading IdeasGBPUSD Entry Resistance level idea: 1.373000 Resistance   TP Support level idea: Target 1: 1.36400 - 1.3675000 (Potential of short term consolidation here.) Target 2: 1.356500   Final SL for all Short positions: 1.377000 - 1.380000 Resistance Level (This was first shared on 5 Feb 2021 in another group, just got time to have it post on trading view as well, hope you all enjoy it.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
1
[AUDCAD Short] 5 Feb, 2021 - Roger V Trading IdeasAUDCAD Entry Resistance level idea: 0.984000 Resistance   TP Support level idea: Target 1: 0.962000   Final SL for all Short positions: 0.9915000 Resistance Level (This was first shared on 5 Feb 2021 in another group, just got time to have it post on trading view as well, hope you all enjoy.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[AUDCAD Short] 5 Feb, 2021 - Roger V Trading IdeasAUDCAD Entry Resistance level idea: 0.984000 Resistance   TP Support level idea: Target 1: 0.962000   Final SL for all Short positions: 0.9915000 Resistance Level (This was first shared on 5 Feb 2021 in another group, just got time to have it post on trading view as well, hope you all enjoy.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal
[EURJPY Short] 5 Feb, 2021 - Roger V Trading IdeasEURJPY Entry Resistance level idea: 127.1000 Resistance   TP Support level idea: Target 1: 125.75000 Target 2: 124.65000   Final SL for all Short positions: 127.9000 Resistance Level -------------------------------------------- EURJPY Trading Comment EURJPY currently focusing on the price action double top to see if it can be resisted over at 127.100 resistance level. If a double top forms, it is expected to see a bearish trend to fall roughly 200 pips down. However, trading must always be aware of the worst scenario. Therefore, 127.900 resistance level, if it fully breaks. All short position trades will be terminated. Hint: Always remember to control the lot size, and not over trade in a short-range in pips. (This was first shared on 5 Feb 2021 in another group, just got time to have it post on trading view as well, hope you all enjoy.) -------------------- (Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.) -------------------- Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Short
by aluotradingjournal