Shorttrade
ALGOUSD | ALGOUSDT Short trade on harmonic patternThis is just ALGOUSD short trade taken on Phemex exchange with all Twitter link for personal trading journal but maybe someone will find this helpful.
Trade is taken when I saw ALGO reached bearish Gartley harmonic pattern PRZ and possible projected harmonic pattern.
After reached confluence of two bearish harmonic (Cypher and Anti Butterfly) I have ready short position with stop loss and targets based on bullish harmonic projection (I use also harmonic patterns for good place to take profit in stages). And always moving Stop on break even or in profit in stages.
Rest of full of this trade (I took 3 short and one long what is closed on break even, flipped to short) is on chart with all update I done on my Twitter.
Reminder to always give winning trade to run and losing trade cut when you see is going against your idea. Use Stop Loss and take profit in stages. Move Stop Loss according to your trading plan.
Netflix: Double top pattern completeNetflix - Intraday - We look to Sell at 642 (stop at 665.4)
Selling pressure dominated price action yesterday and we expect this to continue today. Posted a Double Top formation. The continuation lower in prices through support has been impressive with strong momentum and shows no signs of slowing. As this corrective sequence continues we look to set shorts on a rally at better risk/reward levels. Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher. The formation has a measured move target of 583.5.
Our profit targets will be 583.5 and 563.5
Resistance: 642 / 658 / 700
Support: 617 / 600 / 563
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing toa trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
BTC SHORT OPPORTUNITY...btc dump/short soon....... a few months
Condition 1:
This Rally failed to break previous High.
Condition 2:
Buyer's Failure , Two try couldn't make
higher high and then break down
If Both Condition valid, we can short BTC
aim 40k and 36k
Order cancelled: NO DOULBE TOP
BUT BREAK OUT
SWTICH TO PULL BACK TRADE MODE
EURCAD - Showing ReversalThis momentum is not yet ready to break the Resistance level and the 200MA, but this could be a good indication showing that the bulls is want to break the 200MA and going to bullish trend.
One good entry for short position today.
Disclaimer:
This is not a recommendation to BUY or to SELL.
SRTRANSFIN H&S and Trendline breakdownAll the details are mentioned in the chart.
Sell below - 1350
Targets mentioned in the chart above.
RSI in Weak Zone
MACD bearish
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
Siemens short below - 2465All the details are mentioned in the chart along with entry, targets and analysis.
Sell Below - 2465
Targets mentioned in the chart.
RSI in Oversold region
MACD is getting resistance
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
LUNA has the necessary energy to continue the uptrend ???Hello friends
LUNA has the necessary energy to continue the uptrend ???
This is my answer to this important question
This coin needs more energy to continue on the path of a strong ascent
And it will probably be able to achieve that with a strong correction
Channel support is very, very important in future reform
******Appropriate entry points for supports and resistances according to the chart*******
If you like this idea, Please Follow me and do not forget that your likes and comments are very very important .
Thank you dear friends.
Be generous and rich.
Alphabet: Bearish Ending Wedge Formation - Selling OpportunityAlphabet - Short Term - We look to Sell at 2875 (stop at 2967)
Broken out of the channel formation to the downside. Price action has formed a bearish ending wedge formation. Price action has posted a bearish Engulfing Candle and is negative for short-term sentiment. A lower correction is expected. Preferred trade is to sell into rallies.
Our profit targets will be 2575 and 2400
Resistance: 2925 / 3012 / 3019
Support: 2832 / 2708 / 2621
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing toa trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NZDCHF 4H CHART ANALYSIS, SHORT POSITION. A possible new short position on NZDCHF can be opened considering that the pair didn't managed to continue with the bullish channel. The stop loss at 0.65515, while the first TP at 0.63975 and the second TP at 0.62620. The break of the support at 0.64580 equals a continuation of the bearish momentum.
An important fact to consider is the stronger demand for the safe haven currencies (US dollar, Japanese Yen, Swiss franc) due to the raise of COVID 19 cases.
galax usdt analysegalax usdt analyse
time frame 4 hours
risk reward ratio >1.5
I thing Galax need to rest and save energy to pump at the suitable time
The Trade Desk Short Setup Trade the Range until it breaks and here we have a classic example .
TTD has been inside this range since Nov 2020 and has respected
the Top , Bottom and mid range of this descending channel .
We are currently approaching a key resistance at the top of the
Descending channel .
Hitting the very top Fib level that I have marked and rejecting there would add to the
pattern thus far of another lower high.
This of course can claim that resistance and hold but keeping things
simple and trading the range until it breaks is the best play.
SL placement is straight forward here and depending on your appetite for
risk the widest option is above the ATH or the alternative lower highs depending on your entry and risk management .
Know your invalidation and Like and Follow for regular analysis .
SHORT trade for GBP/USD Short trade for GU. A little premature on my entry but it wound up not being so bad. Solid show on the minor resistance to the previous major. Barring any bad news from either country, I don't expect too much resistance towards my profit target. I am currently in this trade. Will keep up to date. Here are my numbers for the trade.
Entry - 1.37144
Stop Loss - 1.36141
Stop Loss - 1.35814
Risk - 1%
R/R -2
As always,
Stay safe and stick with your plan.