MicDrop5

MicDrop5

Bitcoin is entering my short range, and I'm just beginning to scale in. The bulk of my short orders are at the upper two levels as they are IMHO the most likely place for a reversal. That's just MY opinion based on my expectations from the weekly, and is definitely not meant to be financial advice. Trade at your own risk.

MicDrop5

Looks like it's ready for a bounce holding support.

MicDrop5

I would take this risk/reward short setup every day of the week, and twice on Thursdays. Always with a stop loss. Not financial advice.

MicDrop5

My entry and profit targets on ServiceNow. I can do these short setups all day. Longs too, but I have a special fondness for pulling off shorts in a crazy bull market. Not financial advice.

MicDrop5

As a swing trader, I wanted to give a representation of my entire thought process on this chart without using words. For those of you who know price action, then you know the reason for each point of interest. Words aren't necessary.

MicDrop5

Neubase is entering my buy zone at the moment. I don't expect to reach all of those profit targets, but the top is technically a huge gap fill, so I had to include it. I'll take around 10% at each PT. Once my 1st PT is hit, I'll move my stop loss up to my entry. Not fincancial advice, just my trade plan.

MicDrop5

Levels of support and resistance for American Airlines. Hoping they push to fill my last short orders at the gap. Will take short profits at the green levels of support. Not financial advice, just my trade plan.

MicDrop5

Just for the meme. Doodling a possible price action scenario on a short here. Definitely NOT financial advice. :) Disclaimer: Price action is nearly impossible to predict accurately, bounce for bounce. But, I'll check back in 6 months to see how this plays out. Probably waaaaaaaay off. Haha, I might even get stopped out of my short!

MicDrop5

Kinnate Biopharma is holding support for a possible move up here. Stop loss is important. Not financial advice.

MicDrop5

Nice basing resulting in a classic Adam and Eve pattern. Fundamentals aside, this looks like accumulation for a bounce. Use a stop loss. Not financial advice.

MicDrop5

PRPL just did a gap fill after losing key support. Nice short setup. Not financial advice.

MicDrop5

It bottomed at a proper level and I'm buying the retest. Stop loss here is a must. Not financial advice.

MicDrop5

Bitcoin is now in a downtrend. Here are some key levels of support and resistance to take longs and shorts accordingly. Use stop losses. Not financial advice.

MicDrop5

This is a pretty obvious short. I expect a retrace before continuation up.

MicDrop5

PHX Minerals found support, gained a level, and is currently retesting support gained.

MicDrop5

Price is heading towards heavy support.

MicDrop5

Testing highs after losing key level of support.

MicDrop5

Lost a key level of support and is retesting highs.