On this, we have a bearish setup that overnight created a zone of interest for a short trade within a supply area around 1.9960. The objective is to wait for a bounce in that highlighted yellow zone and then enter a short trade with a target of 1.98. Pay close attention, as after days of congestion, the market seems to be showing some momentum. Let me know what...
| Don't Forget To Hit Follow To Never Miss An Idea | | Please Support By Giving This Idea a Boost | #KLAY | Short | Idea Entry conditions | Bearish Signal | Broken down on range | Rejected from 20 Daily EMA | Untested Weekly Pivot - Beware | Lost Key Support | Lost Key support and trenline on CVD
#KAVAUSDT | Short | Trade Set-Up | Don't Forget To Hit Follow To Never Miss An Idea | | Please Support By Giving This Idea a Boost | Entry Conditions | Bearish Signal | Watch out for untested weekly pivot | Breakdown on key support and retested | Retraced nicely for a better entry | Bearish Divergence | Broken CVD Trenline & Support
#MINAUSDT | Short | Trade Set-Up | Don't Forget To Hit Follow To Never Miss An Idea | | Please Support By Giving This Idea a Boost | Entry Conditions | Bearish Signal | Beware of untested weekly pivot | Key breakdown on support | Trendline & Support CVD Breakdown | Oversold so retrace expected
#GALAUSDT | Short | Trade Set-Up | Video | Don't Forget To Hit Follow To Never Miss An Idea | | Please Support By Giving This Idea a Boost | Entry Conditions | Bearish Indicator Signal | Concern over the untested weekly pivot for a retrace x 2 | Broken Key Support | Broken multiple CVD supports
#GALAUSDT | Short | Trade Set-Up | Don't Forget To Hit Follow To Never Miss An Idea | | Please Support By Giving This Idea a Boost | Entry Conditions | Bearish Indicator Signal | Concern over the untested weekly pivot for a retrace x 2 | Broken Key Support | Broken multiple CVD supports
| Don't Forget To Hit Follow To Never Miss An Idea | | Please Support By Giving This Idea a Boost | #XRPUSDT | Short | Trade Set-Up Entry Conditions | Watch out for the 200 Daily EMA support | Bearish Signal | Broken the 50 Daily EMA and retested and reject from the 20 Daily EMA | Broken down on key trendline line and market structure | Broken down on CVD trendline
| Don't Forget To Hit Follow To Never Miss An Idea | | Please Support By Giving This Idea a Boost | #COREUSDT | Short | Trade Set-Up Entry Conditions | Bearish Signal | Trading under the 20 Daily EMA | Breaking good support | Broken CVD Trendline and retested | Moving Oversold so watch out for bounce
#GALUSDT | Short | Trade Set-Up Entry Conditions | Bearish Signal | Rejection from the 20 & 50 DEMA | Might Retest the Weekly Pivot so be careful | Broken CVD Trendline & Not Oversold | Bearish Divergence
#VETUSDT | Short | Trade Set-Up Entry Conditions | Bearish Signal | Rejection from Weekly Pivot | Broken Key Supports | Bearish Divergence | CVD Trendline and Support Broken | Oversold so be careful for retrace
#BTC | Short | Trade Entry Conditions | Bearish Indicator Signal | Broke through the 20 Daily EMA and challenging the 50 Daily EMA | Breaking a long term trendline | Untested Weekly Pivot | Broken the CVD Trendline and Support
#RNDRUSDTPERP | Short | Trade Entry Conditions | Bearish Divergence | Indicator Signal | Room to move down before 20 Daily EMA is tested again | Untested Weekly Pivot
In GBP/JPY there is a supply since December. I used this supply to look for a potential entry point. I opened a short position this morning with a 1:8 risk-reward ratio target. Let me know in the comments what you think. Happy trading everyone.
#RSR | SHORT | TRADE Entry Conditions | Broken 20 & 50 Daily Moving Average potential retest | Lost 2nd Key Trendline | Losing 3rd Key Trendline | Broken CDV Trendline | Lost CVD Supports | Watchout for Divergence
On this exchange, the price has just broken through a strong demand zone and subsequently retraced to a supply zone that the price generated within that main one. My view is highly bearish so I entered a short position with a 1:4 risk-reward ratio target. Let me know what you think in the comments. Have a nice trading day!
FWB:LRC | SHORT | TRADE Entry Conditions | Bearish CVD Divergence | Broken trendline | Rejected from the 200D EMA | Broken CVD Trendline and support
#IMX | SHORT | TRADE Entry Conditions | Bearish Divergence | Trendline and support breakdown | CVD support and Trendline Break | Going oversold so small retrace/bounce expected
#ACH | SHORT | TRADE Entry Conditions | Broken down from Ascending Broadening Wedge | Broken down through 20D EMA | Broken Key Trendline | Broken CDV Trendline & Support | Be careful of big pump to untested weekly pivot