shortermgains

shortermgains Updated 

Nice Long op here. Price jumped up to 0.275 on news of government intervention back in March 24. Retail traders jumped in longs expecting price to surge. Institutions have then pushed the price back down to the previous low at 0.115 and stopped out all retail traders before we get the real move up. I've jumped in around 0.125 looking for price to get back up...

shortermgains

Fake out with a big rejection on the daily time frame. Weekly lows taken out. Should see a nice sell off from here.

shortermgains

Daily liquidity levels have been taken out @1.97477. Nice top wick rejection. Looking for heavy selling from here.

shortermgains

Currently in short on GBPAUD. Had a strong rejection after taking out previous highs from back in May 2020. Trend is still bullish but we should see more downside in the interim after such a strong push up.

shortermgains

Made lower low. Came up to retest previous high and got rejected. Looking to go lower.

shortermgains

Previous high taken out forcing liquidations on retailers with Break of structure. Entry on retrace to previous high. Looking to go below 1600.

shortermgains

Overbought conditions with RSI bearish divergence on hourly and 4 hourly. Stops above trend-line in case of breakout. Happy trading.

shortermgains

Recently traded down to the 200 day moving average with a quick rejection at the $1907 level. Gold is still in bullish trend mode. A much needed retracement was needed after such quick rise to previous ATH and overbought conditions. Look for longs above $1907. Happy trading!

shortermgains

Elliot 5 Impulse wave complete Price has retraced to the 78.6% fib zone. Expecting corrective wave (B). Shorting from this level. Happy trading.

shortermgains

Nice head and shoulders pattern formation on NZDUSD. Resistance at at 0.67540 Shorts below shoulder price action. Wait for confirmation of trade after news at 1pm for less risk

shortermgains

Bullish flag pattern RSI bullish divergence on 4hourly and hourly. Look for long positions above 1.13. Happy trading!

shortermgains

RSI Bearish divergence on both the hourly and 4hourly. Overbought conditions Can expect atleast a minor pullback here. Stops above 1902 Happy Trading

shortermgains

Bullish flag formation. Position taken from 1789 Stops below 1780 For safer trade look for a breakout from 1800

shortermgains

Hi all. Previous short sell went according to plan and closed at 1805. RSI bullish divergence on 4hourly. 50,100,200 day MA's crossing over on daily supporting bullish sentiment. Daily trend lines are also acting as a strong level of support. Look to take buy positions from here with stops below previous day low. Happy trading!

shortermgains

2 possible scenarios (wait for confirmation). Ascending triangle forming for possible break higher. Clear Bearish RSI divergence on the 4hour chart signalling a pullback. Wait for confirmation of break higher or lower. I'm expecting a pullback but have buy stops and sell stops accordingly. Happy trading.

shortermgains

RSI bullish divergence on oversold conditions. Support at daily trend line. Look for buys from here. Happy trading.

shortermgains

Good opportunity to short here. Continuation of downward trend at critical resistance zone. Inflation numbers also came in higher than expected. Stops above descending trend line. Happy trading.

shortermgains

Overbought levels here. Nice head and shoulder pattern forming. Nice entry anywhere within the rectangle. Could still push higher so have a close stop. Happy trading!!