Shorttrade
GBPCAD short trade, look for pullback.GBPCAD (short trade)
Base on One hour and Four hour chart,
1 hr and 4 hr MACD - going down
1 hr and 4 hr STOSH - going down
daily - going up
technically it is good to do a pullback trade on next trading day if the price isn't break the previous high.
entry price place around 1.1600 / 1.16700 and aim for 50 to 100 pips TP and SL.
BEARS MIGHT CHANGE Over the past months the strenght of the USD has proven its course breaking so many shakels in the financial market
The XAU/USD is yet to break its final baricade which is the current supply zone where price seems to be reacting
From the look of things the USD seems to me loosing its strength but its has not been proven to be true until otherwise
For this reasons and more in the coming week and presently ,I would be expecting a good PA to short the metal to the S2D zone as my target .if the supply zone breaks then I would fully be changed in total towards the bullish bias and further look for zones to go long on the new trend established but that being said I'm currently bearish till proven arbortive
NASDAQ 100 PREDICTION FOR 14-11-2022 Dear trader our prediction for today depend on the the chart analysis 1h , d , 15m
We find the price had moved up a lot without correction and now it make a consolidate for correction in important resistance the price try to break it many time but can't so if the price still not break this resistance then ,, we advice you to be ready to take short position until next support as you see in the chart
Also all the indicators give us same analysis
Be careful today the market not clear until now
XPTUSD Possible short term bearish moveIn the monthly the price is testing a Supply zone. We could expect a move to the downside.
In the weekly the price is over extended. Also, the price is testing a supply zone which means that a possible move to the down side is coming
In the Daily the situation is the same. The price is over extended and rejecting a supply zone.
All the Higher time frame are in confluence for a bearish move.
Forza looks like a Nice Fall is comingWe have seen something very similar before.
Let's see what happens with the Volume?¿?
If the volume drops like last time, it will drop back at the bottom.
STAY SAFE
Short trade on NEPNextEra is a clean energy company with interests in wind and solar projects across North America.
The stock showed a lot of strength for several months, but has now become a broken leader.
NEP broke down below the previous breakout level (white dotted line on chart) and below its 200-day moving average.
The short-term rally in the stock now gives a low-risk place to sell the stock short and bet on a continued move lower. the 50-day and 200-day moving averages, along with the previous resistance level near the $77 mark, should act as resistance.
I'm working a stop at 77.80, just above the swing high.
Armónico Bear TrendInteresting stock, Armonic trend, the stock is in obviously bear Market, and it seems will continue in this way. The earnings were below the expectation. The price is continuing its downtrend and the price is using the moving average of the 50 periods as resistance that push down the price. Let's in the coming weeks if the trend will reach the area of attention between levels 152.15 and 119.88.
Nifty: Successful short trade based on good quality trade setupDear traders, I have identified chart levels, trade setup based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
NIFTY
An example of a successful short trade in Nifty based good quality trade setup. Technical indicators worked really well. Please do share your thoughts. Thanks
#CARDANO $ADA - In the SPACE Hello my Fellow TraderZ,
Hope you guys are doing well in the Chippi-Choppy Market. The most important points to be noted in such Corrective Market or BEAR Market are
1. Save the Capital (always think 2x/3x before putting the Money).
2. Build the Capital (Trade small or consolidation ranges).
3. Deploy the Capital (Have patience and see the reversal structure of the Market).
Anyways, so today we have $ADA here. After being in the same zone since JUNE 2022, finally #CARDANO breaking the very very critical SUPPORT it has been ranging for a while. That means it is in the no land zone and a freeway to the below marked levels.
Also do not open any new SHORT position as this could be the DEVIATION as well and price would take off further which is quite less likely. Wait for the retest & Rejection from the SUPPORT level and get into the Ride.
Happy Trading. CHEERS!!!
GBPJPY SHORT TRADE IF 167.8 HOLDS RESISTANCE!!Looking for a short to start the week if we see further rejection from around the 167.8 resistance.. very early in the week with London session still to come, we may create some momentum from there so no rushing into any trades... 166 immediate target with eyes on 160 if that can break...
ZEN/USDT - SHORT - WE BREAK TRIANGLE ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ ZEN/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 13.506 - 100.0% (83.3868 USDT)
Take-Profit Orders:
1) 13.144 - 80.0%
2) 12.854 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Percent (3.0%)
Opened at 2022-10-02 13:42:28
Client: My-Binance Futures
Estimated Liquidation Price:
Current price: 13.722
Possible down trend Interesting Stock, on the 15th of July the price made what is called in technical analysis dead cross, a signal for a beginning of a downtrend. Now it seems that the price is using the line of the moving average of the 200 periods as resistance and is entered an area between the price 381.05 and 351.05. If the price will break the level of 351.05, there is a good chance to follow a downtrend. The stock is still in a positive trend, My vision is neutral waiting for the right signal.
EURJPY TRADE IDEA!Price rejecting the resistance of 142.000, so I'm looking for a push down to continue a downtrend. Don't really respect trendlines, its just there to give you and idea of the current direction... Always remember to risk manage first and leave your emotions aside, If price doesn't show rejection from the highlighted zone do not take entry's!!!