Trend Analysis of HDFC According to TrendAnalysis you can take short position on #HDFC Support @2600
Shorttrade
USD/CAD Looking for Peak high.We have a trend that proceeded a long period of accumulation. I think that this trend will be short lived. Maybe one more level of pop up near or above my levels. At some point in time in the near future, I'm looking for a great portion of the trend which took a long to time get up, to be taken out in a very short period of time. Maybe a single session or full day can undo most of the trend. FX:USDCAD
TCPL At a very interesting point where the price can move to any side .. just wait for the confirmation before entering the trade ✌️.
Technicals are amazing
Despite attractive technicals i expect the stock to breakdown further to support levels mentioned (Blue horizontal lines) after rejection from 38.2 Fibonacci levels.
I Will be happy to see your thoughts on this via. Comment your views on this
Note: Just an idea not any recommendation to buy or sell the particular stock.
AUDNZD - Strong Selling Short Buying REST WAY
Reason
Down Trend
Break of Up Trend & LL,LH
Rejecting Strong Resistance
Entry
Given on Chart
Stop
ATR = 20x2 = 40pips
Target
Support = 1.07575
Demand Zone on 1D = 1.04950
NOTE:
Be aware of News today
Manage Your Risk accordingly
Take Trade on CONFIRMATIONS
DYOR
BEARISH PENNANT FORMATION BTC/USD SHORTDear followers and viewers,
*We have a bearish pennate formation along with a death cross on the REX indicator. There were also no signs of bullish divergence on RSI meaning BTC should trade lower, especially if the pennate does not break currently.
*There will be a continuation of the trend, tread lightly if you are bullish better off thinking of a bearish scenario.
*My target for this short is near 20.5k
~MC
Bitcoin must cross over Ma50 monthlyBtc has 3 important trends from 12 years and all of trends were crossed on Feb2019 which Ma50 is at support apperance. Nowadays Bitcoin has to cross over monthly Ma50 level and must get a huge volume to do this. I think the blue trend is critical support level, let's wait and see.
EURJPY IDEA FOR SHORTHere is another trade a took this week,trading just this pair,took two buys and now a sell, had some plans on a eurusd but missed my entry for buy,and entry for sell happened in the middle of the night,it happens sometimes.Entered this trade on a retest of a HS pattern,HS means that a reverseal could happen so i took a sell here,red line is a multiple weekly candle close,lets see how this trade will play out
NAS100 potential retracement before short?We see a clear bearish continuation of the trend (Break of Structure) at 11960. We can see that the price went to a zone established recently at the previous trade at 11895, making it a good support level.
Our analysis speculate that we might see a continuation of the bearish trend after this retracement at the resistance level 12005, at then if it rejects, you might open a trade after 11978.5 and targeting 2 RRR with stop-loss at 12032 and take-profit at the closest swing order block that we see at price 11860. Making a potential 2% gain with 1% risk of loss.
GBPCHF 1H - Bear TrendAnalysis:
GBPCHF-1H is currently in a bearish trend. Bearish engulfing pattern appeared on the recent candle, which is a sign of sellers strength. We can enter in a short trade here. For this trade the stop loss will be at 1.13600 which is the previous lower high level.
------ Short Trade ------
Entry: 1.12900
Stop Loss: 1.13600
TP1: 1.12200
TP2: 1.11500
SOL PERSONAL ANALYSIS IN THE LONG TERM (UPDATED) HELLFIRE!What is up guys? I have been off for a decent while since I have been very busy with life however I am back. Please be reminded that a high probable trade is among us with SOLANA and other assets which will begin to go down this day up to a maximum of 19.6$ with an expected pullback up to 22.2$. As you can see in the chart, the Relative Strength Index has clearly given an image of consistent long-term (daily chart btw) losses of buyer interest which could only mean one thing -- an impending doom of a massive sell.
How does the Relative Strength Index help confirm the foreseen downtrend? It is mainly a tool that shows the strength of a particular movement whether if it may be bearish or bullish. In this scenario, the RSI shows that each pump is considerably weaker in momentum than the previous one and the price action demonstrates no further upside action and is now entering a slow-downtrend or a consolidation period. Buyers are uncertain if they can keep up with the positive sentiment and bears are now preparing their moneybags.
If you have any more questions, please feel free to chat, comment, react and share!
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Matic holder be warned. Matic looks dreadful. Market structure shows clear distribution has already started.
Entry Strategy:
I’d be looking to short any push into the 1.28 resistance, HOWEVER, we might just not get that chance. Calculate your own risk/reward and take the trade if you like it.
Exit Strategy:
If this coin does start dumping seriously you’ll want to take profits earlier rather than later. There’s been quite a lot of fud regarding matic recently and you wouldn’t want to risk not being able to exit your position. This coin has the potential to be trading at 35 cents in the near future so be extremely careful bagholders!
Will update when this starts dumping!