GBPCHF Short Trade SetupThe last top looks like the end of the B wave inside a running flat. If so, we have a reversal impulse and correction. Now, I'm waiting for a small sideways movement to place a pending order.
Shorttrade
SPX500 Short Trade SetupThe last top is the all-time high, and it seems ready to make a quite big downward impulse. That's why I placed a pending order, and I'm in the trade now. We may have a complete expanding flat over the trendline. So it can make a new high. In that case, I'll try to close my trade with a small loss. Otherwise, I'm going to wait for a correction to take another short trade.
Molina trade with trend linesToday I will trade short this stock at opening; as you can see from the chart, if there won't be a gap up at the opening bell, it's possible that the price will reach the support trend line. In case it will reach the resistance red line, I will close the position.
EURJPY Isn't it a Head and Shoulder? 30M TF 30/01/2021As we ca see there is a head and shudder pattern is forming and by using our Fibonacci projection from head to the falling shudder we can have 3 TPs zones of short-term trades
i shall mention that we are aware of a bearish divergence with MACD and it is the sign of a big fall in the Daily time frame
NZDJPY Short Trade SetupBased on my wave count, we can have 4th and the 5th waves before the current correction ends, but they are not mandatory. So the last top can be the end of the blue C. That's why I'm waiting for a correction to place a pending order. Then I'll move SL to BE and see if it will fall.
INVERSE BTC CLEAR XABCD! DOWNSIDE POTENTIAL!Bitcoin has some downside big time if we can confirm this harmonic, as of now, not confirmed and i am still looking for 57000 target and if we break 57k we go to 62-63 and there is where we can DROP 15k back down, so play this smart! Dont trade against the ''IN YOUR FACE'' trend we have and you will be rewarded. If you havent been able to make a lot of profitable trades this year, you may need to understand that shorting btc right now is stupid unless you have 3-5 confluential levels from fibonacci levels to your D/W/M Support/Resistance Levels and having Volume or Market profile data in confluence with your levels even, HELL, I MIGHT EVEN NEED SOME ELLIOT WAVE SUPPORTING THE SHORT ENTRY COMBINED WITH EVERYTHING I ALREADY STATED! SO ITS DUMB SHORTING, UNLESS YOU HAVE THE DATA TO BACK IT UP. DONT TRADE COUNTER TREND IN A BULL MARKET. YOU ARE NOT THAT SMART. BELIEVE ME! GOODLUCK TRADERS and go make soime BITCOINS!!!
GBPUSD Short Trade SetupI'm waiting for a complete correction and trade setup to sell it. My main forecast is a bigger correction after a small drop, but I want to have a trade because it can fall directly.
CHFJPY H1 - Long Trade SetupCHFJPY H1
The pair we were watching closely yesterday, caught a great close on that yesterday before seeing rejections, hopefully we see something like this unfold, very much what we saw yesterday with CADJPY.
Eastern corrections following by EUR/LON continued bulls, same goes for EURJPY. CHFJPY isn't correlated like those other pairs so much because of risk holdings, but something to note no doubt, YEN is NOT performing well.
NZDUSD Short Trade SetupThe last top can be the end of the expanding flat, but what we have after that looks like a correction for one more upside. I'm waiting for the next structure. If it comes down and makes a correction, or goes up and makes a reversal pattern, I'll sell it.
BTC Short Gartley playing out Im not telling anyone to take this as I have already taken TP2 and will be holding the rest of my short till TP3 or depending on how we react at that region maybe I hold .
AUDUSD Short Trade SetupIt broke the top slightly with divergence, hit the 1.272 extensions of the previous daily impulse, got a reaction, made an impulsive drop, and broke the trendline. All sound good for reversal. I'm waiting for a correction under the trendline to place a pending order under the last low.
GBPUSD Short Trade SetupI have been waiting for a reversal for a long time, and not it may be happening. It can be a reversal impulse what we have after the last top. We have broken a trendline. I'm waiting for a correction to place a pending order. If it makes a correction over the yellow trendline, we will probably enough time to move SL to BE.
AUDCHF Short Trade SetupThe last top can be the end of the 5th wave. If so, we should have a complete daily impulse. Which means, a pretty big correction should be the next structure. After the last top, we have a downward impulse that broke the trendline, and a correction that could be over. That's why I placed a pending order under the last low. If it makes a bigger correction, I'm going to sell it after C.
NZD/JPY: H&S Pattern Give Us A Great Sell Trade Right Now This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
EURUSD SHORT IDEA Looking at the euro for push up into the 1.21550 level to create equal highs and then a big push down to create a lower low on the 4 hour timeframe. market has already came within a few pips of my entry but will be sitting back and waiting for my limit to be hit
XAGUSD Short Trade SetupWe may have a complete expanding flat and a valid trade setup. That's why I placed a pending order. If it breaks the low, I'll move SL to BE and see how it will go. My main concern is the size of the current correction. It seems small and after a new low, it can start making a bigger one. But I want to be in the trade since we can have a big drop.
NZDCAD Short Trade SetupIt seems a running flat is in the making. I'm waiting for a new high and reversal pattern to take a short trade. When I see the end of the C wave, I'll hedge my trade.
GBPCAD Short Trade SetupIt looks like a running flat is in the making, and if so, the last top can be the end of the B wave. Then we got a reversal impulse. Now, I'm waiting for a reversal pattern to take a short trade, because we may have a complete correction. But my main forecast is one last upward movement for a bigger correction.
$DASH Short into earningsSo I think DoorDash needs to be shorted. Ideally, shorted yesterday when it spiked to 250. The company has a bad prospect in 2021 in a crowded sector that has low margins. The valuation on $DASH is well above the value on similar companies such as GrubHub. I think the earnings are going to be a huge let down at this price level (185 at time of writing) and definitely would be at 250. There's no reason for $DASH to be this high other than folks don't understand their financials at large. Today it decoupled from the SPY and QQQ by not following their path and has started to severely underperform. I believe it will only get worse for doordash. I am currently targeting 170, but I do believe the stock is worth no more than 100$.
Disclaimer: I am carrying a short position at 185
I only share my ideas. I don't provide advice on what to do. This is just a hobby for me. NYSE:DASH
