I'm looking at these two levels for short entries on WISH based on price action. Just sharing my trading plan, not meant as financial advice. Comments are welcome.
This chart is really wicky and has historically low volume (which is now increasing). I normally don't trade these types of charts since stop losses would not only be likely to get hit, but with massive slippage, so they are pretty useless here. With that in mind, this chart differs from the rest of mine because I'm playing with a small position that I am willing...
Two entry ideas for TBT long. Essentially shorting the 20 year Treasury Bond.
Three possible long levels for a bounce.
Decent short setup with favorable risk/reward scenario.
My April short worked out well, and I fully exited at my last profit target. Just opened another short here, as I like the risk/reward once again. Stop loss is a must as always.
Got stopped out on the last attempt. Placing my long orders here for a second try.
I noticed that one of my long orders that I placed a month ago had triggered for GEO today. If it fails this range, I'll expect it to move to the lower buy level. Just my trading plan. Not meant as financial advice.
NVOS has gone through lengthy accumulation, and volume is beginning to come in. Currently holding support. The pops on this are huge. But because of the low liquidity wicks, I'm taking small long positions here with heavier orders further below hoping to catch a wick. It's just my own trade plan... not financial advice.
Elanco is looking interesting for a short if it doesn't close above this range. Not financial advice.
My Bitcoin Trading Plan For The Next Year. I Posted The $59,384 Short Level Weeks Ago And It Touched It Perfectly. Does Anyone Else Here Trade Price Action? Hoping That BTC Pops Soon To $56K For A Short Re-Add. See You Guys At $20K Where I'll Begin Accumulating Again, Just Like $3400. Not Financial Advice.
Just one man's opinion. Considering price to earnings ratio, trend, manipulated price due to stimulus despite a global pandemic, talk of rising interest rates, this bull market's days are numbered.
A short entry idea on DVA with interesting risk/reward scenario.
Root inc looks to be holding support at the moment. Short interest at a staggering 52% could lead to a nice short squeeze.
FOCS is starting to look like a nice short setup with decent risk/reward. Trade at your own risk.
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.
Looks like it's ready for a bounce holding support.