NZDUSD Short PositionNZDUSD estabamos esperando un punto a que se cumpliera un retroceso ABC en 4H y en Diario, ha hecho un ruptura en lineas de tiempos inferiores por lo que es muy probable que se vaya en contro para buscar una tercera onda rapida. El stop loss esta corto en caso de que rompa y suba un poco mas antes de caer por completo.
NZDUSD we were waiting for a point to be fulfilled an ABC retracement in 4H and in Diario, has made a break in lines of lower times so it is very likely to go in control to find a third fast wave. The stop loss is short in case it breaks and rises a bit more before falling completely.
Shortposition
Bitcoin Short Trade SetupI am putting a short trade on Bitcoin.
Entry - $6000 and up to blue resistance trendline
Stop loss - Break of blue trendline
Target - Support level at $5400
Risk/reward ratio - 3:1
Ideally, I want to see retest of the $6000 level and even a move back to the blue resistance trendline before a copulative sell-off to the next obvious support to $5400. A break of blue resistance trendline will trigger my stop loss.
I will place initial orders at $6000 and further orders up to blue trendline in an effort to build a better weighted average entry price. I will need to adjust my stop loss lower as time passes to ensure it triggers should price breakthrough blue trendline.
Bitcoin Daily Close Below $6000The bearish case for Bitcoin is starting to gain more substance and I plan to "dip my toes in the water" and start building a short position.
- On the daily chart Bitcoin officially closed below the $6000 mark for the first time in 2018.
- The orange support trendline is well and truly broken
- We continue to make lower highs and lower lows without any real sign of a reversal pattern setup
Having said this, if there is a strong turn around and a break of the blue resistance trendline, then I will be out very quickly as I DO NOT want to get caught on the wrong side of this trade.
We are in a period of very low volatility - and low volatility precedes highly impulsive moves. Therefore, I will not be risking a large amount at this stage and plan to make use of a tight stop loss.
I will post another trade idea today showing entry levels on a shorter time frame.
AMD- Short Sell PlayYeah, yeah, yeah I know I am jumping the gun here to be claiming you can short sell this stock at it's current price. My way of thinking is since the BKC ETF came out....... all of a sudden AMD took off and now that Crypto is flirting with fresh lows AMD will no longer see that boost. I feel fairly confident that a quick short squeeze could spark a quick gain. Stay Tuned!
Time for a short possitionBitcoin experienced a week bullish market in the past few days and now it has been reached to a wall. Although, it might seems passing the wall and going for a bullish market could be a possible scenario, I strongly believe that we are going to have a bearish market and it is a good time to enter a short position. The first reason appeared on the charts, considering two last successive minimum prices (just above the green mark) shows that the price is increased, while the greater decrease on the RSI describes it as a fake higher price, from which we could understand we are in a bearish market. What's more, looking to the Fibonacci Levels shows that the price could amazingly finds its bottom on the 0.618 level just above the other wall which is 7800 dollars price level.
Have profitable day guys
VENBTC - Symmetrical Triangle formingAt decision point on 50 MA, RSI nearly 'oversold'. Looking for a 12345 correction from the symmetrical triangle pattern.
Possible breakdown to previous trend line as shown, reaching the 261.8% FIB.
Look for confirmations on lower time frames.
VENBTC
Possible Major Short Opportunity I believe we are about to see HIIQ have another sell off. there are plenty things pointing to it.. 1. it came down on huge bearish volume 2. It is retracing up on lower volume 3. it just hit the 50% retracement level 4. It is oversold on the Stochastics indicator.. Don't forget to manage your risk/reward and trail your stops for maximum profit potential if you're trading this
OMG Thomas DeMark Trend lines Short sell targetOMGBTC
-4H CHART
-Technic for getting target when trend lines break using Modern school of economic
-Using the 2 most recent lows
-Couldn't use first candle as it was missed but the second candle will have to do.
-3:1 Risk to reward
-11.33% expected gain.
P.S Mostly Educational
Good luck!
The little ETC that couldn't [Market Geometry/EW]Take profit of triangle breakout reached, finding heavy resistance. Enter position when 2-3 candle closes below resistance. Short until Sell Zone, after Sell Zone target reached enter long position back up to resistance. First take profit is trend under current parabolic trend; second take profit is the trend below that one.
Bitcoin nearing a buy zone [Market Geometry/EW]• Made a new chart for BTCUSDT as I have taken up a new technique. It seems BTCUSDT is in a bit of a rut after flat-lining around $3000 on most exchanges, it failed to break past its All time high level and was then forced back down by the bears. It has also completed it's Elliot Impulse Wave , which is followed by a correction wave ; It seems to already be following the correction and completing wave A to B of the correction wave . Now it is trending downwards into what looks like the completion of wave B to C . Prime levels to watch would be the 0.618 ($2150USDT) retracement , and the 0.382 ($1600USDT) retracement . If it shows strong support at the 0.618 retracement it could resume the closest trend to it; However if it closes below the 0.618 retracement we can assume it will travel down to the 0.382 retracement for a conclusion of this correction and a conclusion of the Elliot wave move (8 waves - 5-3 move) .
• Godmode : The Blue line of Godmode isn't at the 20 mark meaning the downtrend is not yet exhausted . Like I said, opportune buy area would be between the 0.618 retracement and the 0.382 retracement , or just above the 0.618 if it finds strong support.
• Aroon : Aroon Up (Blue) line also crossed over with the Aroon Down (White) line indicating a confirmation of a downtrend, Aroon Down line staying above 70 indicates it is indeed a strong downtrend.
• Because this is a longer TA, I will not be posting specific Buy opportunities (Buy, Sell, Stop/Loss), as there are a couple ways this could go depending on the supports and resistances.
GBPZD (PoundKiwi) - Potential Bearish Bat or CrabI am not in the trade yet, since thhe pattern has both characteristics, that of a bat and that of a crab. If it's a Bearish Bat, I'll be waiting for thhe break of the blue full trend and my target will be the dotted trend. But, in thhe case of a break above the Resistannce level in blue. I'm expectinnng a Bearish Crab Formation before shorting.
Trade with care ( This is NOT a signal, just an idea) Compare it with yours and you can share yours in a comment, that would be preferable.