AUDNZD - Strong Selling Short Buying REST WAY
Reason
Down Trend
Break of Up Trend & LL,LH
Rejecting Strong Resistance
Entry
Given on Chart
Stop
ATR = 20x2 = 40pips
Target
Support = 1.07575
Demand Zone on 1D = 1.04950
NOTE:
Be aware of News today
Manage Your Risk accordingly
Take Trade on CONFIRMATIONS
DYOR
Shorttrade
BEARISH PENNANT FORMATION BTC/USD SHORTDear followers and viewers,
*We have a bearish pennate formation along with a death cross on the REX indicator. There were also no signs of bullish divergence on RSI meaning BTC should trade lower, especially if the pennate does not break currently.
*There will be a continuation of the trend, tread lightly if you are bullish better off thinking of a bearish scenario.
*My target for this short is near 20.5k
~MC
Bitcoin must cross over Ma50 monthlyBtc has 3 important trends from 12 years and all of trends were crossed on Feb2019 which Ma50 is at support apperance. Nowadays Bitcoin has to cross over monthly Ma50 level and must get a huge volume to do this. I think the blue trend is critical support level, let's wait and see.
EURJPY IDEA FOR SHORTHere is another trade a took this week,trading just this pair,took two buys and now a sell, had some plans on a eurusd but missed my entry for buy,and entry for sell happened in the middle of the night,it happens sometimes.Entered this trade on a retest of a HS pattern,HS means that a reverseal could happen so i took a sell here,red line is a multiple weekly candle close,lets see how this trade will play out
NAS100 potential retracement before short?We see a clear bearish continuation of the trend (Break of Structure) at 11960. We can see that the price went to a zone established recently at the previous trade at 11895, making it a good support level.
Our analysis speculate that we might see a continuation of the bearish trend after this retracement at the resistance level 12005, at then if it rejects, you might open a trade after 11978.5 and targeting 2 RRR with stop-loss at 12032 and take-profit at the closest swing order block that we see at price 11860. Making a potential 2% gain with 1% risk of loss.
GBPCHF 1H - Bear TrendAnalysis:
GBPCHF-1H is currently in a bearish trend. Bearish engulfing pattern appeared on the recent candle, which is a sign of sellers strength. We can enter in a short trade here. For this trade the stop loss will be at 1.13600 which is the previous lower high level.
------ Short Trade ------
Entry: 1.12900
Stop Loss: 1.13600
TP1: 1.12200
TP2: 1.11500
SOL PERSONAL ANALYSIS IN THE LONG TERM (UPDATED) HELLFIRE!What is up guys? I have been off for a decent while since I have been very busy with life however I am back. Please be reminded that a high probable trade is among us with SOLANA and other assets which will begin to go down this day up to a maximum of 19.6$ with an expected pullback up to 22.2$. As you can see in the chart, the Relative Strength Index has clearly given an image of consistent long-term (daily chart btw) losses of buyer interest which could only mean one thing -- an impending doom of a massive sell.
How does the Relative Strength Index help confirm the foreseen downtrend? It is mainly a tool that shows the strength of a particular movement whether if it may be bearish or bullish. In this scenario, the RSI shows that each pump is considerably weaker in momentum than the previous one and the price action demonstrates no further upside action and is now entering a slow-downtrend or a consolidation period. Buyers are uncertain if they can keep up with the positive sentiment and bears are now preparing their moneybags.
If you have any more questions, please feel free to chat, comment, react and share!
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Matic holder be warned. Matic looks dreadful. Market structure shows clear distribution has already started.
Entry Strategy:
I’d be looking to short any push into the 1.28 resistance, HOWEVER, we might just not get that chance. Calculate your own risk/reward and take the trade if you like it.
Exit Strategy:
If this coin does start dumping seriously you’ll want to take profits earlier rather than later. There’s been quite a lot of fud regarding matic recently and you wouldn’t want to risk not being able to exit your position. This coin has the potential to be trading at 35 cents in the near future so be extremely careful bagholders!
Will update when this starts dumping!
TSLA - MyMI Short Option PlaysWe purchased a variety of options throughout these mornings Price Actions with the markets opening for the week.
As we expected in our last analysis, we were looking for a Double Rejection of or around the $214's and TSLA couldn't hold or create support above those levels. So we started looking for entries into Shorts last week but didn't stack them up until today due to the long weekend. Purchase some SPY PUTs simultaneously to see some potential settlement in the recent Bull pushes that we've seen in some good other names (some vs. our own expectation of their price actions).
Everyone has provided a strong focus on the $152-$153 Gap that hasn't been backfilled yet so we're expecting some decent pullback and at least riding this week to retest $188. If we see strong momentum in our TA Indies then we will look at $172 next at least. Well definitely be okay with a sale at the $188, a short-term reversal ride and then making our way back to $150 if we even see it that steep.
Overall we closed green for the day and expect potentially a strong push if there is an overacted sale of the current Red Descending Trend/Triangle that you can see forming.
🔻GOLD | ANALYSIS🔻 1D Time FrameEIGHTCAP:XAUUSD
Hello traders,
• The 38.2% Fibonacci level has offered quite a bit of support, and we formed a nice hammer for the Friday session.
• However, if we break down below the hammer from Friday, it opens up the possibility of a move down to the 200-Day EMA, which is closer to the $1810 level.
• Underneath that, we have the 50% Fibonacci level, which is basically at $1800 and will attract quite a bit of attention.
*Don't forget to fuel up with coffee ladies and gentlemen!
---Please note that these ideas are for informational purposes only and should* be taken as IDEAS. It is important to conduct your own research and make informed decisions before making any trades.---
DYDXUSDT Short (First time sharing my idea)Note : My ideas are not meant to be a financial & investment advice, Trade on your risk and your believes ;)
Please take in your consideration, I only trade for small profit between -$150/+$60 to +$300/+$500 a day 3 or 5 day a week (sometimes 2 days a week & some 7 days) it's depends on the market. so usually TP1 is enough to take all out.
About the chart, I don't use too many indicators only volume and a naked chart most of the time, but I know this coins moves.
So, I think after hitting the TP1 & TP2 it has good probability of about 70% to hit TP3, but before that happen we will see a pullback from TP2 to TP1. Then we will see the scenario.
Short BTC! Longs just got trappedWe're currently well above the VAH (blue dotted line). BTC has failed multiple times to break through the top of the horizontal channel. These are signs of weakness.
What's more, on the above image, you can see a wick above the channel on high volume, which means a lot of longs have opened at the top. Right after, we see a rejection on high volume. This means all the longs that have just opened are now trapped. If price reverts to their entry level, they are likely to close their long, adding selling pressure. That is IF they get that chance...
The other scenario is that price does not revert to their entry level, but instead moves down further. In that case they'll get liquidated, also adding massive selling pressure.
I'm targeting lower levels. Always use multiple TPs and move SL to entry once TP1 is hit.