MicDrop5

MicDrop5

This should provide a decent risk/reward for shorts entering within the red zone.

MicDrop5

I love when I find short setups like this where the natural short entry happens to be so close to the obvious stop loss. I know others will see this risk/reward too, and will take this trade. There will be plenty of short orders at that level.

MicDrop5

ADP broke uptrend on weekly, returning for confirmation of downtrend. Risk/reward in the red zone is very good.

MicDrop5

This is such a nice short setup. Risk/reward is excellent. If you've ever wondered what a good short setup looks like from a price action perspective, this is it.

MicDrop5

Just another in a series of similar charts where a textbook short is setting up on the weekly. Risk/reward to first PT/Stop loss is excellent in the zone indicated.

MicDrop5

Here's another nice short setup with very favorable risk/reward. Stop loss and PT's are essential.

MicDrop5

Similar chart to OPCH at the moment. I have orders throughout the Short Zone with the heaviest at the of the box for ideal risk/reward.

MicDrop5

OPCH is setting up so nicely. I forgot to post this chart yesterday. It wicked up to fill all of my short orders and closed with a nice rejection candle.

MicDrop5

One thing smart money does is to look for entries where the most logical stop loss also happens to be near the most logical entry also near a zone of historical heavy support. The risk/reward to first PT here looks good. I like this trade a lot.

MicDrop5

This is a classic short setup. Nice risk/reward here with stop loss being essential.

MicDrop5

After making a lower low on the weekly, this is the logical place to short. Risk Reward to first PT is good.

MicDrop5

If it closes the weekly candle body here above the lower green line, that would be a hold of major support and a very strong indication of a reversal. I bought my ticket to the galaxy at $7.30 in that wick down. This should get interesting.

MicDrop5

This is a textbook short setup. Price has retraced upward to confirm downtrend on the weekly. Ideal risk/reward here.

MicDrop5

Another long setup. I originally had the buy zone slightly higher, but it didn't give a risk/reward greater than 3. So, I assume the fills will be in the midrange of that green box for a R/R of over 3. Since I know smart money looks for the same, I anticipate the bottom being slightly below where I had first been inclined to put it.

MicDrop5

From a price action perspective, this looks like a textbook short setup. Earnings pump off a lower low into area of heavy resistance. Risk/reward looks good here on a short.

MicDrop5

I've been accumulating NVOS in the green zone for months. It just gained a significant weekly level. I'd look for entries/adds on any pullback to the green zone.

MicDrop5

TNXP completed a daily gap fill today after gaining significant levels this week. Should bounce from this retest.

MicDrop5

I did this chart awhile back, and the buy zone still applies. Ideal buy now IMO. Risk/reward is excellent here.