Short-term
SHort term shortWe are starting to develop fat 4 hour RED candles, a good chance to catch 5-10% short, I anticipate a retest of the $16200 support
Long term - bullish
Short term - bearish to neutral we need to see where all this volatility settles by the end of the week
Personally I went short, good luck to me and offer my prayers to the crypto Gods that can swing these markets very violently
I try and keep my TA as simplistic as possible and watch for the development of candles, the key factor is risk management, only risk what does not hurt you to lose without needing huge sums to rebound
12/8 WATCHLIST - INTRADAY OPTIONSWATCHLIST 12/8
Welcome! This is my first post on TV and I hope it brings you value. I'm an intraday options trader that uses supply and demand as defined mainly by hourly channels. I tend to go for pure gamma moves, so I look for explosive moves. I plan on posting daily watchlists, and following up with comments on the success/failure of them.
My current bias for tomorrow is bullish, although the overall put-to-call ratio (symbol PCCE) is at all time lows. While this isn't a sell signal by itself, any negative news catalyst can quickly turn the market on a dime, causing investors to get on the short side. I maintain a bullish bias for 12/8 but will see how overnights and pre-market play out. I am currently in some HD 12/18 $265 calls for a swing, which I will likely close out tomorrow if profitable. I don't think it's a good idea to hold on to positions for too long in this climate.
ZM puts under 404.5
AMD calls over 94.2 (safer entry 94.4)
JMIA calls over 36
NFLX bounce
TSLA calls over 645.4
V calls over 213.20
AAPL calls over 124
FB calls above yellow trendline in picture
Here are some other names I don't usually trade but have great setups:
EMN calls above yellow trendline in picture
COF calls over 93.25
NOW macro calls over 535.5
SHOP calls over 1090
COST puts under 371.8
Will follow up with an updated list during pre-market tomorrow!
CANARA BANK looks good for accumulation.NSE:CANBK
Can bank on weekly chart looks good for those who are looking for short to long term investment.
If you see over all chart structure stocks seems to be bottom out. And now trading in range of 75-120 which likely to be a accumulation zone of smart players.
Retailers at this point may not be interested in this counter bcoz of panic of past and they exiting on each rise in zone of 75-120 while smart money likely to be buying the same.
Safe player can wait for stock to take out level of 120 before getting in here but those who like to take more risk can start buying in this counter on each deep.
level of 75 will be a major support for CANARA BANK while 120 will be Resistance.
Happy Trading, Happy Investing.
||AMBADNYA||
AUDUSD Short Trade SetupHello Traders
If the structure between the green lines is an expanding flat the previous high cannot be broken. So there is no room for more upside. That's why I want to take a short trade and I placed a pending order under the reversal impulse on 15m TF. My minimum target is a new low.
Trade with care.
Bulent
GBPUSD faces the 1.34 integer mark aboveGBPUSD faces the 1.34 integer mark above and needs to be break out.
At present, the pound sterling is in the form of "Ascending triangle" (the lower low is gradually raised), and the resistance at the 1.34 integer mark above is waiting for the chart to break out.
Two paths
1. Blue dotted line - Can support above 1.3370, shock upward and break through 1.34.
2. Orange dotted line - Fall to above the downward trend line, about 1.3340 above, aftershocks, then break upward.
XCUUSD Short Trade SetupHello Traders
The last top can be the end of the monthly correction and we can have a downward impulse to 1.90, but my forecast is a correction and one last upward movement before that big drop. So I want to take a short trade for the A wave inside the correction. That's why I placed a pending order under the last low. My target is 0.382 retracement of the orange A.
Trade with care.
Bulent
BTCUSD Short Good IdeaI am a consultant for anyone who needs a consultant, I see that BTCUSD will GO Down IN FEW DAYS
1, When you decide to use my ideas in your trading, please contact me to inform you of some things and monitor the position together without specifying a take profit or stop loss, we will decide when to open and close the position
2 (When I set the take profit and stop loss in a number that does not mean that the price will reach it, I gave a buy or sell signal only according to the analyzes I made in the chart and delete it later, in the order to share it with you so that you have a clear picture and read it clearly, thank you!)
3, you can try me for one or two weeks to decide to work with you and give you signals about buying or selling
XAUUSD Long Trade SetupHello Traders
Although the reversal structure doesn't look good, I placed a pending order over the last top because 3 reasons. First, my forecast is an upward impulse as a C wave for a complete running flat. Second, the last low tagged a very strong Fib confluence level (272 extensions of green and blue A waves) and got a reaction, which doesn't look too strong. Third, gold loves slow starts. So, we can have a fast upward movement soon.
Trade with care.
Bulent
EUR/AUD - 18/11 @ 11:30 - 1HPrice reached 61.8 & 78.6 retracement zone and took an entry expecting the chart to play out with the fib extensions aligning with resistance and previous daily highs.
These highs need to be wiped out before we move lower where a double top structure or similar would confirm this, that would be next week potentially unless we stick with the bullishness.
Already in profit, stops to B/E around 1.63200
AVALANCHE potencial breaking out the downtrend. Short-term|| Avalanche is one of the latest projects listed on the Binance stock exchange. It is a relatively short graph that we can watch for less than 2 months. It is a project that works, among other things, to create a platform for applications of Decentralized Finance, financial assets, trading and others.
👌🏻I like that the structure behaves traditionally, as after listing on the stock exchange and after the initial hypepump, there was a gradual correction, which had a natural course with retracement and maintained accelerated down-trend. In the graph I follow a large bullish AB = CD pattern, the structure of which is nice except for a few negligible wicks. It is also possible to see a multiple reflection from the PRZ, around which a consolidation structure has formed.
👍🏻I do not primarily focus on the setup resulting from the pattern, but rather it indicates to me the potential end of the downtrend and the possible finding of a market price. I like the breakout of the accelerated down-trend, which occurred a few hours ago. The volume is not ideal yet, but the last 4H has increased. Daily MACD + Histogram in the predominance of bulls. RSI at the bottom of the neutral zone after rebounding from the oversold zone after bullish divergences. We primarily monitor Targets after the primary downward trend. The chart offers a decent RRR.






















