Tiffany at a Monthly/daily supply level offering +4.5% RR from current level . TP is the monthly target
DXY at a daily supply level offering shorts an opportunity. Personally i prefer to short USDCHF also at a daily supply level
Daily demand level near current price for EURAUD. Intermediate targets for take profit are signalled. The only issue with the demand level is that has been tested previously. However its worth to take the trade for the potential RR that it offers
EURUSD daily TF near a demand level offering opportunity for longs.
Now on the 240m TF a supply level stands for CADJPY offering a good RR for shorts
AUDJPY daily TF near a a supply level. A great RR for shorts
Emerging Margets ETF - EEM - a few ticks away to reach the weekly level of supply. Good RR for shorts
CADJPY 30m with a good quality supply level offers a good RR trade for shorts
USDCHF at 240m supply level offering a good RR for 2 targets
Weekly chart for BMW with an interesting short setup. Weekly supply just ahead offering a good RR with a potential 13%/15% decline
This setup offers a great RR with a 22% potential drop for the owner of Zara. Price at a monthly supply level
USDCAD 30m TF with 2 new demand levels- diferent setups- offering a decent RR. 1.3092 will be profit taking
Looking at the shadow area for sellers to step in. We are looking for 2 targets here. A 2:1 and 3:1 reward/risk. Any bearish price action signal will get our attention to step in to the trade
In line with our monthly scorecard for US Equities (bearish), and looking at cyclical sectors for selling opportunities, Expedia fits in this basket of stocks. We will start shorting at current levels with a target for a monthly support around 105 offering a 6:1 reward to risk. If you want to learn hoe to trade like a Hedge Fund, please visit us at www.thecorktrees.net
If you´ve been looking around the U.S. banking sector you got to be depressed. Not one decent long setup. Sadly is that many of U.S. banks stocks are at a great discount at the moment. However they can get even much cheaper! So insted of going short in the majory of individual bank stocks i picked the KBE ETF. Could be XLF also. And the weekly TF presents a great...
Nice macro trade in perspective offering a 4:1 RR. AB=CD pattern as target. Adding positions should be considered in the downtrend
Bearish pattern shaping up on CADJPY. A potential H&S with a 3:1 R. In line for this upcoming month of August Risk OFF environment in our socrecard #thecorktrees.net
Potential bearish setup for bitcoin. Daily bearish RSI divergence with tweeked h&s and inside bar consolidation pattern. A break to the downside of the inside bar offers a +3:1 R Not a crypto trader myself but could not ignore the technical setup formation