Shortposition
EURAUD - Expect the fallSo this pair is definitely a short for TriforeX.
we have been on this trade since last week and will continue this trade for the coming weeks
What's your take on this chart?
TriforeX
EurAuD short position !!!good looking divergence at resistance at a pulleback, since of uptrend weakness on price action for a nice 1 to RR ratio you can put the SL lower as you wish
EURJPY 100PIPS SHORT POSITIONWe expect to see one more moviment down to touch trend line! we are looking here to achieve half target at least, 50pips!
lets see what happens :D
AUDUSD ShortAUDUSD
Market Sentiment: Bearish
Price: 0.7098
Target: 0.69428
52 WK Range: 0.6744 - 0.7814
EUR/JPY 4H SHORT POSITIONSHORT POSITION:
Price has broken and retested the upwards
channel as well as resistance.
Now waiting for entry at resistance or enter
depending on market open.
HOWEVER:
Price has already broke and retested
and has double topped on the 1H time
frame, therefore if I enter the RR may
not be as appealing.
QQQ Short Tuesday QQQ might have broken out of the uptrend channel today. Watch for a leg lower in the premarket tomorrow with support around $156.80. NASDAQ:QQQ
DIA Short Tuesday DIA broke out of the uptrend channel today with slightly higher selling volume at the days close. Watch for a pullback in the premarket tomorrow with possible intraday support at $236.
EURONEXT:DIA
4h and 1D market analysis, major key levels respected!we can see that in 4h it created a double top and looking like bearish price action might test that previous resistance and now support line, and a lot of pips to be made!
S&P 500 has entered into a bear marketBears are taking over the stock market. Wonder how much longer that support is gonna hold
Chongkindang holdings H&S patternClearly shows Head & Shoulder pattern.
With fib measurement 0.236 area perfectly meets with strong support area. If price can not hold the current area, we may see price drop to 37000 won. In worst case, aggressive drop would be 22000 won.
head and shoulder pattern in 4h time frame by checking RSI the left side shoulder is higher than the head of the pattern that would be a significant sign of this pattern but for getting a short position we should wait for closing the candle under the neckline.
Lets be real, AUDUSD is going down.As the title says, short position on the AUDUSD. Personally there are so many of my rules met right now to get into this trade.
- Over all AUDUSD on down trend. DXY to support as well as other USD pairs.
- In a down trend within the down trend. Currently at top of retracement.
- Retracement @ perfect .618 area of previous extension.
- RSI over bought.
- Engulfement followed by L3C Candle, strong bearish indicator, at a key resistance level, following a bearish trend.
Taking T1 @ the 1.13 extension as it falls in line with previous resistance level
T2 @ 1.1618 extension with the hope of a harmonic 1:1 extension, which is very feasible.
Of course, will trail my stop one T1 has been met incase I'm wrong on the harmonic.
SL @ ATR based 0.73028
