A short at 0.2726 to 0.2189 with the necessary risk management will bring a 19.70%+ return 26.5+ million volume
A short at 6.62 to 4.89 with the necessary risk management will bring a 26.03% return 2.1+ million volume
🔥 AVAX 1H Triangle Formation - Brief Short Opportunity Followed by a Strong Long Play to $30! 🚀 Hello Traders! Today, I've closely examined the latest developments in AVAX and have identified an exciting opportunity to share with you. 📈 ✨ Brief Short Opportunity: On the 1-hour timeframe, AVAX has formed a classic triangle pattern. This formation often indicates...
Greetings, fellow traders! Today, our focus is on the NSE:NIFTY index. Here's the breakdown: 📈 Upward Movement: The index has been on an upward trajectory, recently approaching the 200-day moving average. 🚨 Near Resistance: However, it's currently near a significant resistance level, suggesting potential selling pressure. 💡 Short Selling Opportunity: ...
A short at 0.6286 to 0.4235 with the necessary risk management will bring a 32.31% return 13+ million volume
A short at 0.2124 to 0.1648 with the necessary risk management could bring a 22.42% return
A short at 1.12 to 1.03 with the necessary risk management could bring a 8.25% return
Analysis: - Supply & Demand Zone Opinion: Price will return to previous demand zones before pushing up again Bears will get excited again believing the bear market has continued Sadly this will only be a short term pullback which will then lead to higher highs Bulls be prepared with cash ready to go but for now bias should shift to short term short...
I'll be looking to see if price pushes up further. I will sell if price reaches my first level but I do think that it may reach the second one or close to it. This may take a week to set up if this were to happen. FX:GBPCAD
Here is a potential short setting up. I think it will be a while until price gets there if it choses to push up. It looks very similar to GBP/JPY but a few days ahead. I'll break down the similarities in the future. There were levels that were hit and price barely missed this last level before turning down. This level is still in play and I will be paying close...
If you made money from the other entries I'm very happy for you. If you missed it or want to add on, I believe this setup to be an opportunity. I think this can still go down further but equally think there is still upside later down the road. For now it's looking to go down further and if it does, my 2nd entry zone seems to be the less riskiest and where I see...
The game plan is still the same. The only difference is that a level was recently added. 1.65556. If this level is reached, I believe that there is a good chance that price will reverse from there or not go too far if it price goes above. It may not get there at all and that's fine. I'm still selling at the bottom two levels if price gets to those. FX:EURAUD
It's looking like a selling opportunity at my levels above. I doubt its a peak that will hold for weeks but there's definitely some potential for downward movement afterwards. Calling tops and bottoms can be dangerous but if there is a time to do it, I believe that we are getting closer to that time. I believe that there are poor blokes underneath us who've been...
We are are pushing up into new yearly highs. Price has nibbled through a few times from what it looks like from the three push pattern. It was good for a 150 pip drop. Sellers who took their profits are good. What about the sellers who anticipated a further drop and held on? They are in serious heat right now and trailing/break even stops have been hit. Now we...
We have a trend that proceeded a long period of accumulation. I think that this trend will be short lived. Maybe one more level of pop up near or above my levels. At some point in time in the near future, I'm looking for a great portion of the trend which took a long to time get up, to be taken out in a very short period of time. Maybe a single session or full day...
A double top pattern was formed and the stock crashed and now price has retraced back to the resistance level, giving us another opportunity to ride the waves down. Near-term short signal has also appeared. Price failed to break above 200 MA, showing bearish sentiments. Entry: 49.77 Stop Loss: 53.6 Take-Profit Target: 43.95
We are at the bullseye. If you short from here with a tight stop you have a great opp for profits! My stop is above 40k. See related idea for analysis.
The bullish trend that started over a year ago has been broken by a bearish engulfing candle on the weekly chart. I would look for price to pull back to somewhere between the 38.2 and 50.0 fibonacci retracement levels before starting another push down. As always, wait for confirmation candles within the zone before selling.