Will it make the retracacement we are expecting?As you can see, the price is approaching a supply zona. Also price is extended with we can definitely see a rejection at any moment when price reach supply.
Shorttrade
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.
USDJPY SHORT TRADESHave just entered short trades on USDJPY from the resistance area of 114.200, looking at price to make a move back down to 113.500 and possibly long term even lower... Risking only 1% and taking 50% profit atlest at 113.500, and then letting the rest run at break even.
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
TRX SHORT SCALPA double top in the m30 chart and also a break in the ichimoku cloud on the m15 has confirmed a short scalp for trxusdt. Also note the trend line for extra support. Let's see how this plays out. NOT A FINANCIAL ADVICE!
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 .
Still on-sell GBP USDStill, on-sell GBP USD, as I shared with you the past 2 days we have had a sell position, the price make the third top as I expected continuing to the bearish trend.
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.
SHORT trade for GJShort trade for GJ. Finally broke past support and made a move to the downside. I expect to see a little bit of price action between the minor resistance levels on the way to my profit target. I don't expect to see much overall resistance for the move to continue seeing as there are no major news announcements for either country at the moment. Price could very well head all the way down to the previous support level below my profit target. Here are my numbers for the trade. I am currently in this trade and will update with news on the trade.
Entry - 155.552
Stop Loss - 156.052
Profit Target - 154.560
Risk - 1%
R/R - 2
As always,
Stay safe and stick with your plan.
USD/CAD LongThis is a short term 4H long trade as we expect dollar to appreciate in value as the FOMC is expected to announce the tapering of the QE Program this week. The ISM manufacturing PMI at 4 PM GMT will be the key catalyst of this trade if it comes out POSITIVE and beat the market expectations. However is at 4 PM GMT the Manufacturing PMI comes out positive without the price reaching entry level, you are clear to take the trade.
New Ginsu Knife PatternAMEX:NXE
Here is a pattern that I am seeing more and more when drawing in charts. I use it to short stocks. This is for entertainment purposes only. However I am nailing some shorts and actually make money with this pattern. Lets see what happens. Hoping to find more Stage 3 Tops with this.
XLM - From a contender to a has beenJust the charts. Clear rejection and inability to follow the leaders BTC and ETH into breaking all time highs. Short FIAT but if you want to short Crypto, XLM is a good has-been.
Wave A & B Just Finished.Dear Traders,
I can count Wave A and B and expecting a very sharp and steep downward price movement as wave c. Be very careful.
GER30 Short Trade SetupWe may have a complete expanding flat, and a reversal structure. That's why I placed a pending order under the last low, but I'm hoping for another upward movement and a small trade setup after the correction. If it happens, I'll update the entry price and lot size.
GER30 Short Trade SetupIt seems like we may have a complete running flat between the green lines. If this is the case, a reversal structure should be in the making. I'm waiting for a trade setup on the lower time-frame to sell it. The second scenario is a correction over the blue trendline and more upside. That's why I'll try to move SL to BE around trendline if I take a trade.
UPL-Short trade opportunity -Futures trade Hi Traders,
As per the above chart , UPL is currently at good support zone, if the price breaks the support zone in downward direction and closes below Rs.693/- (in 1 hour chart) you can take the short trade, stop loss is based on your risk appetite and Target 1 is Rs.640 to 630 and Target 2 is Rs.600 to 590/-.
1 Lot of UPL futures is 1300 shares and margin required for this trade is around Rs.2,35,000/-.
This analysis is for short term trade (i.e. Positional trading) and not for intraday.
Note : This is not a financial advice and trade at your own risk.
Thank you.
Enjoy the trading.
SIMPLE LIVE TRADE ON USD/CHF !! I'm long in this pair !!
50 pips Target with 11 pips stop loss.
Lets see how it goes.
Note: Do your own analysis before taking the trade.
Always remember that Trading Is Risky.
My buying: 0.91763
SL: 0.91656
Target: 0.92300
SELL LITECOIN! Move to SHIB!If you hold LiteCoin, ask yourself WHY? If it's because "it's number 3", that WAS accurate. But research and verify with the charts.
Compare to the gold standard, Bitcoin, Litecoin is a confirmed looser! Sell and by BTC if you can understand this chart. If you want #3, I challenge you to tell me which coin, Comment below.
From a pure metrix and risk/reward, SHIB Shiba Inu, Is the rocket scientists' choice. The mascot astronaut is on board and we're about to take off to SHIB
$0.00003 ->
$0.0003 ->
$0.003 ->
$0.03 ->
$0.01 over a decade?
Is it ok for you for you to wait? On this rocket, "moonshot" is just to refuel for Mars! That's the destination.
PS Serious money should really be on ETH and BTC.
#ccl beautiful short daily chart great volumeswww.tradingview.com
NYSE:CCL
Breakout confirmed with great volumes.
Interesting short trade.
USDJPY Short Trade SetupIf the bigger structure is a running flat, the last top can be the end of its wave B. If so, we should have a nice reversal structure. Now, I'm waiting for a trade setup after the expanding flat to place a pending order.
CADJPY Short Trade SetupAlthough we have a new high, the previous monthly top (the red A), which is shown by the dashed line, hasn't been broken yet. This means, the monthly structure remains a running flat. That's why I want to take a short trade. Structure-wise, the minimum target will be 73.700, but it won't be my trading target since it will take a long time to get there. I placed a pending order under the potential reversal impulse. The risk here is having a small correction like the previous one that is marked by the yellow box. If it makes a bigger correction like the blue one, we will have time to move SL to BE.
FCPO: Discretionary Trade- Did a discretionary trade based on SO bar at 15:49.
- Price broke the 200MA and the 20/40MA is closing.
- At 16:03, Green Pentagon appears with price on Upbar. Exit the trade on the next bar with a small profit.
