Price is hovering near the 1.22 resistance and a possible head and shoulder pattern can be formed in the upcoming hours. The CPI will of course play a huge role into it, knowing that if the result is better than expected, then this EURUSD will be a great opportunity for a short position. Until then, waiters are winners so trade safe and best of luck !
-The Walt Disney Company reported better-than-expected earnings per share on Thursday, but that didn’t stop its stock price from taking an after-hours nosedive. -That’s because the entertainment giant reported slower-than-expected growth for its Disney Plus streaming service. The service now has 103.6 million paid subscribers, versus a consensus estimate of 109...
Check this out. Huge potential for big gains. Symmetrical Triangle with a Pennant continuation pattern inside. Pennants break to the side that created it. In $GME's case - to the upside we go. *This is not financial advice, please contact your local HF (Hedge Fund) for that. Please do your own DD (due diligence) before assuming risk.
Here we see that USDCAD retraced to the 0.618 Fibonacci level and is respecting the recent support zone to the left. We can see that this market is trending downwards (creating lower highs and lower lows). If it continues to show bearish price action I'll be looking for shorting opportunities on lower timeframes. Stay tuned for further updates!
Looks like we have formed a Double-Top with the SPXL! Potential drop to 8.60
Good day fellow traders, Showing my current strategy on EUR/USD. Fundamentally based on recent Dutch elections. I fear this was NL's last hope. It's unavoidable, we're going to enter the "build back better" era. :'( I'm doing well obviously. However I'm very much concerned for my fellow citizens. They have no clue what's coming for them. Nonetheless, when you're...
After a strong uptrend breakdown, GJ making LH & LL, looking for a potential short at 151.25 after price action confirmation. EURGBP still pushing towards 0.866 :
Tesla hitting all time high, pending now to the bearish side. There was high expectation from the Q4 earnings, that were missed. MACD overbought, descending Stochastic overbought, descending With many analyst targeting the 518 level. We will se probably a bounce on the trendline. Dr. Michael J. Burry predicts a heavy fall on the stock price, well, lets see if...
Do your own analysis ... Dont Forget Moving Stop-loss At Break-even Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. You must do your own research and use it as the priority. Trading is risky, and it is not suitable for...
-Sell= 0.8900 -Stop Loss= 0.9022 -Stop Size= 122 -Target= 0.8790
aapl Interesting setup on Apple today. I shorted for 30 cent wins, but the retracement to $131 did not happen. Apple held the $131.70 level very well and setup a good trap. Be careful shorting Apple, seems ready to retrace back to all time highs.
ALTS WILL FOLLOW BTC, which will dump to 38K Minimum down to 33k support. Gud luck
EURAUD has broken a Support zone after being in a downtrend for multiple days. Short EURAUD at retest of zone. Trail your stop loss. TP 1 @ 1.56 TP 2 @ 1.536. Use efficient risk management.
Shorting in a downtrend channel and on a perfect fib zone!
RSI of VWAP has been published for Long side entries only. However, it can be used to short the equity. below are the details ... 1. Add VWAP to your chart 2. Add RSI (period 14) (set oversold line to 25 and overbought line to 70) 3. change the source of RSI to VWAP when the VWAP crosses down to Oversold line at 25 , take the short...
Hey there, Please follow me on TV and like this post! What do you think? Comment below! Bitcoin currently seems kinda neutral. If I had to choose, I would say it is leaning bearish. 1. Major resistance of 14k 2. Extensive run up 3. No retest of prior important levels 12k to 12,5k And yet we should not underestimate Bitcoins strength! We can also push beyond...
Look at second trade. Imagine if I didnt have stop loss.
Whatever will going to happen will happen, and what we need appeared. Why the market had likely overshot when the economy still struggle? Because it is the nature of stock market, people like to run away from reality, wanna live in richness fantasy. "The more sweet dreams are the more hurtful when wake up" . The economy will affect the stock market, never the...