USOIL WTI ABOUT TO SELLa nice shorting opportunity is building up on usoil as we can see market previously test the resistance level which is 64.65 level as well as RSI is also over bought market hopefully show some relief before showing up
i will update up guys on this pair regularly and dont forget to like :)
Short-position
Short until 3000Iveen shorting forming this triangles . until any of this triangles becomes asending on a 4hr or 12hr chart make no sense to go long for a long period of time(?
I am looking for a short position arround 4700 or 4800 but already on a small low risk lev position from 4360 you can insult me about this here, on twitter or instagram .
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My opinions are mine.This is not financial advice at ALL DUDE pleaz dont .
GOLD SHORT! Was Successful!I knew prices would hit my TP however I knew that we were in for a very choppy ride.
My original TP was 1324.24, however I think that if you managed to hold onto this trade you would of known that prices would eventually swing in your favour. Congrats to those who held their position!
Also another Congrats to those who bought back their short positions!
Well Done Guys!
LTCUSDT analysis: Long positionOption 1 goes from here to the blue target: 300 usd. Option 2 goes from here to support, to either stoploss: 180 usd and below, or to the red target: 255 usd. Option green is an extension of option 1 and goes from the blue target of 300 usd to 255 usd as a correction, then to 370 usd as final target in this analysis.
I used Fibonacci retracements, support and resistance and springs and upthrusts in this analysis.
You can read about springs and upthrusts here: www.financial-spread-betting.com
If I made you some money, please consider buying me a beer:
LTC: LfbKuDHZaDTRUV9pXJuWCUcG14XLrGtBcs
USD / CAD Short longterm Last friday we had a nice push down. Many of traders believed that this is it! It's time to go short on USD/CAD.
I believe that there are two scenarios here.
1. Price will continue up and it's not end for uptrend yet.
2. Price will move up into stop-loss area to take out those and only then we will see fall.
Usually what we can see is that price goes often under/over last highs/lows to take out stop-loss orders before reversal.