JOE/USDT DIVERGENCE i saw a bearish divergence in 4h time frame for JOE/USDT
I will enter a short position
Shorttrade
ETHUSDT DOUBLE TOPIts shwoing double top after idnetifying bearish divergance in RSI
TRADE PLAN
DOUBLE TOP REVERSAL
ENTRY/SELL STOP: 1696
STOP LOSS: 1831
TP/PROJECTION:1559
RISK REWARD 1:1
STX/USDTSTX is starting to look like it will break down soon.
It already broke down from the distribution range and now I'm expecting expansion.
It held up pretty well last few weeks, so I'm expect it will go down pretty hard when panic steps in.
My main target is at $0.345. Will sell and compound on the way down.
PLUG My We can see price has been trading within the 10.75 and the 9.25 zones since the middle of March. Today we saw a strong push upwards that may continue and end up breaking to the outside towards the 12.25 zone. We'll keep an eye on this stock and react accordingly.
EUR/USD Short TradeEur/Usd are entering into supply zone in daily TF and Forming Double Top in 4H and Daily TF.
wait for the confirmation for short.
02 - BitcoinCash Next TargetPrice targets for Bitcoin Cash BCH are:
BCH/USDT short
Entry Range: $123,70
Price Target 1: $120,80
Price Target 2: $114,97
Price Target 3: $108,81
Stop Loss: $131,12
Safe $ACM ShortACM is the most poorly positioned commercial construction company on the market on a financial and technical basis currently. We take advantage of a slow down in commercial building with commercial banking stress. ACM is only off 10% from highs currently only 6 weeks ago. ACM Book value is 4.52, 20% higher than its industry average. Profit margin is 7.81% for industry at 20.61%. 5 year declining revenue growth at -6% annum. Long term debt to equity is 110% to industry average of 80.5%.
I think this could easily drop 50% into a recession. I have profit take at 33% support with stop loss just over highs at 14% for a RR of 2.39.
I have a short position in ACM currently.
NZDUSD ELLIOT WAVE BREAKDOWN (FINAL POSSIBLE DROP)NZDUSD is currently at the finish of wave 2 which happens to contain a complex correction (WXY) based on Elliot wave principle as you can see from the picture above. Wave C which should contain 5 subwaves ending the overall wave 2 is about to be played out. Let see how it plays out...
Trade Idea:
- Watch for a break of the red trendline for confirmation
- Enter with stops below price
- Targets: 190 pips
Goodluck and as always, trade safe!
USD JPY SHORT Risk 0.5%
TP1 = 1:3 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
GU SELL TO 4HR SUPPORTConfluences:
1. 4HR H&S Pattern forming
2. Rejection of 1.23 on daily
3. Rejection @ resistance level
USDJPY BEARISH FLAG Its showing bearish flag so we set our trade plan according to breaish flag and when this pattern it give us profit in continuation brearish pattern
TRADE PLAN:
BEARISH FLAG
Sell Stop/Entry Price:130.615
Stop Loss:132.438
TP1:128.603
TP2:126.667
RR:1:1
NZDCAD- Short TradeVery good setup for a short trade on the 1 hour. There are loads of confluences which shows that price will go to the downside. Let's see how the trade plans out for the week!
CRUDE OIL - SHORT We have a Bearish trend on 4h, on 15min we have this trend line that can be broken, and in this case we can go SHORT, we have published the sell zone and the take profit zone.
Low risk for high profit.
CG Power -Bearish View CG Power and Industries - Longer term View - Bearish view
Bearish View - Longer Term View
Sell @ 290
Stoploss @ 307
Target @ 213
R:R @4:15
DAAWAT ON SUPPORTDAAWAT on WEEKLY SUPPORT
L T FOODS
LONG / SHORT TERM
----------------------------------------
Buy on 90 - 96 Avg Buying till 82
SL 77 as per your risk
TGT 115/ 130/ 145
It will go long till 170
XAUUSD :Gold double top bearish patternOANDA:XAUUSD
Hi , Trader's , price made double top today at 2000$ area
Double top is perfect bearish pattern ,it's a reversal pattern
price breakout from neckline at 1985 area and candle closing below indicate that bearish are active
After unrealistic rally after svb bank news , price action now tend's to cool down
For going further up Gold need's to gather some liquidity
Price targeting 1951 area in 1hr TF
USDJPY Head And Sholders Idea On Daily Chart For 10X Return!!!I have a 10x return short trade idea. Can you wating 6 mounth for this? :)
Additional short ideaHi Traders
Before continuing reading, please check out my first Bitcoin short idea. This scenario builds on that idea.
Bitcoin has been consolidating high for the past week, yet markets are filled with bearish news. After our first rejection of the 28500 resistance area, Bitcoin looks set to move lower. If you missed the entry on 28500, here is my game plan to find another possible entry somewhere around 28k.
Here is my Game Plan:
- Bitcoin needs to consolidate further
- Touch on the 28k area is needed for this setup to be activated
- Clear rejection of 28k, if we push above 28k we might be moving higher, so I will be looking for an entry in the 27.9k area
- Entry at a clear break of the trendline
- Price movement needs to be erratic to the downside
Please make sure to follow me on Tradingview for future setups.
Have a fantastic day legends.
Best
CH
ACHUSDT 1HRACH Seems to be started forming a downtrend, formed a large candle to downside. you Can Open Short Positions Targets are given in Charts.
Not a Financial Advice
DYOR.
Going down to fib levels .5 or .618I believe the Spx is going to continue down. I list fib levels that it can go up to from yesterdays drop before it goes down to at least .5 fib of the current wave.
BTC Short 1:11I'm seeing a lot of resistance, and ascending wedge and possible H&S. TP point for the short are on the chart.
NVDA SHORT!! HIGH Probability Retrace to $200NVDA has been on a tear higher lately as has all of Tech despite the Banking failures. It seems everyone thinks Tech will outperfrom with lower yields. What people are failing to realize is that Lower yields are a sign of a flight to safety in BONDS and this implies a POOR Economic outlook. One of the 1st sectors to get his hard in a recession is TECH.
Here NVDA is up against MAJOR Resistance on multiple time frames and notice all of those resistance lines converge between $255-$270.
Several Broken trendlines are shown and notice that price has retraced to the "scene of the crime". Now Broken Support of those trendlines become a test of Resistance. With TL resist and Horizontal Resist all in this area this is a great area to SELL into the rally.
SHORT NVDA at anything > $257.
ADD To shorts up to $270 level.
Max position is 10-11%% Capital in trade.
This risks 1% if a CLOSE > SL = $280.16.
Downside Target Price ~$200.
2.49 Reward:Risk Ratio
Trade what you see!!
