short idea $KLIC, United States, Nasdaq, Producer ManufacturingShort entry stop limit order at $45.2 with hard stop loss at $49.35
The industry is setting up for both longs and shorts with a few names setting up short on the weekly timeframe at spots where I like taking shorts. If this one works, I will be adding another couple of names that are setting up.
I will update with first profit target as the trade develops, if my stop limit at $45.2 get hit.
Happy trading fellow traders.
I am momentumftw, trader of international equities
Shortposition
Is SPX repeating the pattern from March 2022?SPX is currently in a downtrend. On the SPX weekly chart, see the similarities between now and
March 2022. Then there was 6% move up followed by a huge drop.
My guess is that SPX will move up to resistance at 4400 then fall.
Not trading advice. Do your own research.
NVIDIA Short sell ideaNASDAQ:NVDA is looking weak as per my analysis as the price shows a potential bearish H&S pattern with multiple confirmations. Weekly candles is heavily rejected from the 50 moving average and Daily EMAs have finally closed below all 50, 100 and 200 DMA. On top of this RSI shows momentum weakness which solidifies my short trade idea for $NASDAQ:NVDA. Would like to initiate shorts below ~$405 and target of ~$378 and ~$323 in the upcoming quarter
HAL looking very weakNSE:HAL HAL has exhibited signs of a breakdown, with the stock breaking below key levels of support and resistance. The daily and weekly charts have both witnessed the breach of a downward trendline. There are two potential price levels to target:
1. The stock may experience a decline from its current level of 1737.
2. If the downward momentum continues, the stock could potentially reach levels between 1585 and 1520.
This statement offers a clearer and more concise description of the stock's current situation and potential price movement.
Please be aware that the stock market can be highly volatile, and stock prices can fluctuate rapidly. It's essential to do your own research or consult a financial advisor to make informed investment decisions. Always consider factors like market conditions, company fundamentals, and recent news when setting your trading strategy.
Also, keep in mind that the stock market involves risks, and there's no guarantee that HAL stock will reach your target price or avoid your stop-loss level. Make sure you are comfortable with the risks involved and never invest money you can't afford to lose.
btc/usdt time farme : 1Dayhello to my friends
I still believe that Bitcoin can reach the range of 31000 to 31500.
In that range, according to the reactions to the price, I will decide on the entry point for the short position.
(This analysis is my personal opinion. Be sure to prioritize your own personal analysis)
matic/usdt time frame : 4HHi my friends
I think the matic/usdt will follow this path in the 4 hour time frame.
(small fluctuations are not considered)
Be sure to stick to the stop loss
(This analysis is my personal opinion. Be sure to prioritize your personal analysis)
Bitcoin technical analysis _ 2023-10-18Short position
After breaking the newly formed bottom box and the midline of the ascending channel, and also after breaking the important support at the price of 27,930
Entry 27860
The loss limit is 28,190
Risk Free 27525
(moving the stop to the entry point after breaking 27463)
Saving profit 27200
(Moving stop to risk to reward 1 if it reaches 27150)
Profit limit 26930
W shape breakout Stock have beautiful breakout with gap up opening and also sustain above 310 level
My Target is 360 at stop loss 305 strictly stop loss
Festival season stock
Stock can leads festiv season huge demand in this period so expectations also high from invester
Fundamentals also have good stock well known branded in shoes company
No recommendation for buy and sell
it's time to falling for XAUUSD!!!before buying, please check for being sure about your opinion about XAUUSD(GOLD)!!!
(in every target you want, closed the position but our target is the Fifth one)
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if you want to enter in this position:
Enter Price: 2003.072
Target1: 1956.837
Target2: 1908.578
Target3: 1869.544
Target4: 1773.735
Target5(Final Target): 1681.474
Stoploss: 2091.466
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doing and living in the best quality
thanks of all of you dear's ;)
CAD/JPY PLAN.Greetings to traders from across the globe,
Allow me to introduce myself as Alexandre Karim , and I shall now embark upon presenting my comprehensive analysis pertaining to the CAD/JPY exchange rate.
Firstly, it is patently evident that an upwardly inclining channel has been manifesting itself since the advent of the year 2020.
Furthermore, it is noteworthy that the price has, as of September 2022, achieved an altitude of profound psychological significance, a threshold last scaled in 2014.
At present, our valuation hovers marginally above this critical juncture, with figures oscillating betwixt the range of 109 and 111.
In the current milieu, the price has attained a region of resolute rejection, dating back to the month of September in the year 2022.
Notably, this phase is characterized by a corrective phase coupled with a constriction in price movement, potentially indicative of a forthcoming reversal trend in the downward trajectory, discerningly denominated as the "Rising Wedge."
I, personally, am adopting a posture of vigilant anticipation, poised for a descent or a breach in the prevailing structural framework, which would prompt the execution of a short position. In the event that the price breaches these thresholds and eludes my initial trade entry, I shall maintain my vigil for the emergence of a subsequent pattern indicative of a continuation of the downtrend, thereby facilitating the initiation of a short position.
In this endeavor, it is imperative to underscore the pivotal role of patience.
#THEPRIMES
30) EURJPY Weekly ShortI think it's a Sell Position on weekly timeframe :
You can split your Lots by 3 parts as below:
Entry 1 : ¼ Lots on price 155.750
Entry 2 : ¼ Lots on price 157.500
Entry 3 : ½ Lots on price 153.000
Close half of your Lots on price 147.000
SL on price 158.700
try to lose less,
Profits will arrive on time
Coinbase in a correction, the levels to look atHi guys! This is a technical analysis on Coinbase (COIN) on the 1 Week timeframe.
On the week of July 10th, we ATTEMPTED to try and break through the $116 ish level, which is the level where our GREEN rectangle Resistance zone begins.
BUT got rejected and have been in a DECLINE for about 4 weeks including this week.
Note: This weeks candle has not yet closed and we have to wait till end of week.
Notice the 2 RED circles, highlighting 2 seperate times where we tested the MAJOR RESISTANCE ZONE.
-> This can very well be a DOUBLE TOP.
-> Which can support a continuation of the downside action.
We are currently TESTING SUPPORT at the upper border of my BLACK rectangle zone
This coincides with the 0.618 FIB level or the $84.07 level.
Since we havent closed yet, watch how we react here -> with a potential of price bouncing to the upside.
If we end up below, and in the coming weeks CONFIRM below:
Our next level will be the 0.5 FIB Level, which is at 73.99
Here the 21 EMA also converges at this point
This could be a STRONG SUPPORT zone due to the confluence of 2 SUPPORT levels.
This could then be a BUY ZONE, area to Scale in.
We can also look to the 0.382 FIB level or $63.91
This level converges with the RESISTANCE Turned SUPPORT line from the price top.
This is another level, provided the 0.5 FIB level fails to hold -> WHere you can add BUY ORDERS
STOCH RSI indicator -> Had a BEARISH Cross and we are currently below the 80 level. If we continue down, we can reach and stay below the 20 level for some time. This normally leads to PRICE DECLINES.
Wave trend oscillator -> We have reached at area where the GREEN line is starting to show curvature to the downside. If it continues this pattern, itll add to the probability of price DECLINES.
Finally the RSI - Watch how the Orange line interacts with Black line, if Orange crosses below -> it normally indicates that we are in a price decline.
"COINCLUSION" (See what i did there, lol):
The Week of July 10, we attempted to test resistance to enter the GREEN REsistance zone, to only meet with REJECTION. This had lead to a correction in COIN, moving us to test the 0.618 FIB level. The area which converges with our Upper border of Black Rectangle/ Resistance turned Support. This area can be a place where we could bounce in price to try and reclaim the 0.786 FIB level. But if we cant HOLD 0.618, our next level will be 0.5 FIB level. This area due it being a strong support zone, can be an ENTRY point for potential trades or scaling in/ DCA'ing. Worst case is below that level at the 0.382 FIB level, which can also be a 2nd BUY ZONE. We would like to be ABOVE the 21 EMA though, to maintain the Bullish case. Always make sure to wait for confirmation before placing BUY orders.
For example: if we confirm SUPPORT above 0.618, we can have a potential bounce back to the 0.786 FIB level. So you wouldn't short but Long.
Stay tuned for more updates on COIN in the near future.
Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.
EURUSD ShortBy this analysis, many traders will probably end up losing, but we are looking for a selling opportunity. From the weekly timeframe, we are still bearish, and we perceive the intraday bullish signal as a result of NFP (Non-Farm Payrolls) and trapping retail traders into long positions. We would much prefer to take advantage of the weekly liquidity around 1.08350 (grab) and then start buying in weekly FVG. But waiting for confirmation candle.
Leave a comment below what do you think.
GBP/AUDFor this week, I'm looking at GBP/USD for opportunities to enter sell positions, as I showed on the chart ..
the price has been moving in a trading range ( NOT A CLEAN ONE) for some time now.
We have a resistance zone where the price had been rejected a couple of times .. last week, the price broke the resistance for 10 hours max but came back to our range with a big black candle and also made a pullback to our highlighted zone .. in lower time frames; if the price breaks the 15 min low then there's a good chance were you can follow it to the cluster made by a dynamic trend line and the last low in 4h time frame.
Please Tell me what you think about this. Leave your comment and thoughts.
Monsieur Alpha Algorithm ; GBPUSD outlook 24-28 July 2023FX:GBPUSD
According to my algorithm, Monsieur Alpha. There are 4 possibilities move for this pair. And I will just put 1 move in this article. As I believe that it is already known bullish for Monday, I am waiting for price 1,2840 to enter long position with target 1,2940 (only for Monday).
While in big picture, I see that bearish trend is still occuring with 1,3004 as top. We are waiting for this price to take short position and targetting 1,2786 for this week (Friday)
BNBUSDT Potential Bear ActionPotential bearish scenario to this asset. Price action is suggesting a further drawdown to the 239USDT demand region as the actual pullback seems to be accomplished. The reciprocal AB=CD pattern projection is reinforcing this idea, as a Head and Shoulders pattern is likely in formation. Thus, on this hypothetical 30m scenario, the price can made a ranging interacting w/ the neckline. Chaikin Money Flow hidden divergence & below zero + Awesome oscillator twin peaks in formation + Fisher Transform bear crossing.
History will repeat? $182 or $110Monthly Chart
Binance Coin ( BINANCE:BNBUSDT ) is trading around $236 now.
It's dropped from $398.3 and in accumulating
Look back to the history. I see two drops on Jan 2018 and Jun 2019, both of them has the same percent are about 83.64% and 83.89%.
History usually repeats itself!
I wonder how's about this time?
Now, BNB/USDT in Descending Channel and it's support zones by Fib Channel (1.0) and last Swing Month Low $183.4
Supports can hold it and made it bounced back or Binance Coin will break down and drop to around $110.
Wait and see