FTAI is showing a good risk/reward setup here for a short in this range. Entries are scattered across red zone. Stop loss and PT's shown as well.
Sweet Risk/Reward for a short entry in this range. Watch the weekly close.
This trade may get stopped out like any trade, but the reward/risk here is exceptional at 6.46.
To Ensure Proper R/R, The Bulk Of My Short Orders Are Weighted Near The Top Of The Zone. I Like To Refer To This As A "Bullet Catch" Pattern. From Oct-March, Price Slowly And Deliberately Rejected The ATH. This Is A Weaker Move To Fill Shorts.
I'm scaling into a short on PulteGroup with excellent risk/reward. Staggering to me that home builders across the industry are seeing their stocks soar today, despite an absolute routing of their revenues. There is a lag in revenue reporting and the distress they are experiencing will be reflected in their earnings soon. From a technical standpoint, this trade...
AIG looking like distribution on the larger time frames at top of range. Good risk/reward as pictured in my opinion.
On the weekly time frame, DHI is nearly at a short zone with a 3:1 reward/risk as pictured. Fundamentally, there is no reason for homebuilders to be rallying with home values crashing in the new home industry. I'll be spreading entry orders for shorts across the red zone.
TAK showing large wick rejection on weekly. Reward/risk here is 3.0 with trade as pictured and entries scattered across the red zone.
CL showing massive wick rejection on the weekly at previous resistance. Risk/reward as pictured is excellent with entries, stop loss, and PTs as shown.
AMD showing three weekly rejection candles at resistance level. Excellent risk/reward with entries, stop loss, and profit targets as shown.
Risk/reward is good here for a short with a stop at all time high, as pictured.
Risk /reward ration is very good for a short in this range, as shown when looking at price action on the weekly, with stop loss and PT's as pictured.
Reward/risk on this trade with stop loss and first PT as shown is 3.11 assuming entries are scattered across short zone.
Reward/Risk is 3.11 with stop and first PT as pictured. Orders are scattered across the short zone.
Reward/Risk on this one is 3.28 with stop loss, first PT, as pictured and entries averaged across the zone.
Reward/Risk with a stop loss and first PT as pictured is 3.29. Let's paint that big "M" on the chart, Micky D.
With the stop loss and 1st PT as pictured the r/r is 3.22. Price action indicates a failure at top of range is likely.
Risk/Reward here is excellent, with stop loss and first PT as pictured. Currently scattering short orders across the red zone.