Short targets Short

Description

⋅ Feb 22, 2015 12:14 AM

Here are my short targets after intensive analysis.
Take 50%profit around wegde target (226.27)
and 50% around ab=cd of bodies target (215.57).

Furthermore buy around 216 with stop loss under 207.7.
This will allow you a maximum leverage of 20x with the margin call beign your stop.

Cheers :]

Comments

dekanifisher

⋅ Feb 24, 2015 3:39 PM

HI thanks for your many charts! I'm confused though because your published chart with title " Bearish divergence at key resistance level" has totally different short target than this chart? this chart says ~$215 but the other one says ~220?

id10tothe9

⋅ Feb 22, 2015 9:37 PM

awesome!

Ice_

⋅ Feb 22, 2015 4:39 PM

Was the margin call thing a joke? lol

MagnusTradingGroup

⋅ Feb 22, 2015 4:42 PM

no joke. this is the maximal reasonable risk one can take here imo. you don't have to

MoonTrader

⋅ Feb 22, 2015 5:06 AM

Nice analysis, but aren't we in an ascending triangle, judging by the last few local higher lows and the price pressing up against resistance at $247-$250?

MagnusTradingGroup

⋅ Feb 22, 2015 5:08 AM

Yes it has something of an ascending triangle, indeed. I would be carefull here with shorts. Tight stop above recent highs.

kashel44

⋅ Feb 22, 2015 12:42 AM

do you look sometimes on any daily ma sma ema ?