IvanLabrie
Short

X: Massive top spotted

NYSE:X   UNITED STATES STL CORP NEW
7 months ago
We can enter shorts in any way you prefer here.
Stops should be above 18.89, the rest is up to you, can be an options play, or shorting stock .
Targets are a retest of 12 initially, but I can see it hitting 7 in the intermediate term.

If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.

Cheers,

Link to Tim West's chatroom: https://www.tradingview.com/chat/#c8BzrhGRvXxGXWnJ
We discuss setups like this often there. Feel free to stop by and subscribe to his indicator pack. If you have any questions ask.
6 months ago
Comment: Free falling.
6 months ago
Comment: Monitor the reaction to 12.25 once we're there. We should see steady downward momentum for at least 4 more days.
6 months ago
Comment: And I'm free, free fallin'
Yeah I'm free, free fallin'
6 months ago
Comment: First target hit practically...maybe reduce exposure, or hedge it by going long AUDUSD/FXA perhaps.
If you're interested in joining my trading newsletter or private lessons, message me. I trade Forex, Equities and Commodities. Contact: skype @ ivanlabrie, PM here or QQ (2954487803).

Related Ideas

wolfstreetswinger
7 months ago
cheers mate i love a good top. There is a nice adam and eve double top close to forming @ UDG Healthcare backed up by two previous head and shoulders if your interested in analyzing.
Reply
IvanLabrie PRO wolfstreetswinger
7 months ago
Hi, thanks.
Yes, it's worth a try for sure.
About HDG, let me look.
Reply
wolfstreetswinger IvanLabrie
7 months ago
sure is thanks, market caps a bit higher with udg but not beyond reason.
Reply
wolfstreetswinger wolfstreetswinger
7 months ago
sorry its lower ignore that
Reply
IvanLabrie PRO wolfstreetswinger
7 months ago
UDG, my bad.

Watch this level, if price stay below it today, the short would be extremely safe.
You could enter at market I guess.

snapshot
Reply
wolfstreetswinger IvanLabrie
7 months ago
No probs, and thanks Ivan.
Reply
xiiimik
7 months ago
I think I will cover you)
Reply
IvanLabrie PRO xiiimik
7 months ago
I'm in the trade still, will take patience.
Reply
xiiimik IvanLabrie
7 months ago
X is on multiyear support line. Commodities going higher. It might get to 20. Then maybe back. Thanks for your opinion.
Reply
IvanLabrie PRO xiiimik
7 months ago
Better post your chart here. About long term uptrend viability, maybe, but I think a retracement is due and not yet complete.
Reply
xiiimik IvanLabrie
7 months ago
You are right. Still good to short?
Reply
IvanLabrie PRO xiiimik
7 months ago
Yes, you can use a stop at yesterday's close. Or trade it with options (better)
Reply
wolfstreetswinger
7 months ago
thanks im in at 16 and we have movement :)
Reply
IvanLabrie PRO wolfstreetswinger
7 months ago
Let's see how it goes. Good luck!
Reply
xiiimik
6 months ago
What do you think of COPPER, and companies like FCX? I guess long. Thanks.
Reply
IvanLabrie PRO xiiimik
6 months ago
Hi, I wouldn't go long copper yet, nor FCX.
It's uncertain still, and mostly a bearish scenario in the intermediate term.
snapshot

Unless we move higher than the top red horizontal line here today, we could see continued selling in copper. Once below the next red line, downside would open up considerably, implying a steady decline to test the previous lows initially.
+1 Reply
TF.
6 months ago
snapshot
snapshot
what you think Ivan? Cheers
Reply
IvanLabrie PRO TF.
6 months ago
Can't see the bars properly, so I can't comment on it. I'm guessing the channel intersections are your signals.
Reply
Wow, it has called quite a bit. Another great call that came from the key hidden levels chatroom.
+1 Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out