Smartmoney
XAGUSD - SWING SHORT idea Price made a false breakout of the previous week high with a strong bearish reaction. Also, the start of the new week will probably be manipulation with distribution lower.
A great sign of weakness is when the new week candle open, makes a false run on one side with a a sweep of liquidity (many traders are trapped), and then distributes on the true side.
EURUSD: Short Trade Explained
EURUSD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short EURUSD
Entry Point - 1.1163
Stop Loss - 1.1224
Take Profit - 1.1040
Our Risk - 1%
Start protection of your profits from lower levels
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AUDNZD - Swing LongPrice swept the previous week low and the low of August 13th during the new week open, so that is why I would expect to see weekly manipulation with the next distribution higher.
Also, we MACD divergence during false breakout, great sign of bear weakness.
I would recommend to risk not more than 1%, because in the end of the day we are playing with probabilities.
QQQ: Short Trade Explained
QQQ
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short QQQ
Entry Point - 480.03
Stop Loss - 489.99
Take Profit - 463.24
Our Risk - 1%
Start protection of your profits from lower levels
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TESLA: Will Start Falling! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the TESLA pair price action which suggests a high likelihood of a coming move down.
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GBP-JPY Risky Short! Sell!
Hello,Traders!
GBP-JPY went up in a
Local rebound just as
I predicted but then hit
A horizontal resistance
Level of 192.120 and
We are already seeing a
Bearish reaction so
I think the pair
Will go further down
Sell!
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ETHEREUM RESISTANCE AHEAD|SHORT|
✅ETHEREUM is set to retest a
Strong resistance level above at 2900$
After trading in a local uptrend for some time
Which makes a bearish pullback a likely scenario
With the target being a local support below at 2700$
SHORT🔥
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GBP-USD Will Keep Growing! Buy!
Hello,Traders!
GBP-USD is trading in a
Strong uptrend and the
Pair broke the key
Horizontal level of 1.3150
Which is now a support
And the breakout is
Confirmed so we will
Be expecting a further
Bullish continuation
On Monday
Buy!
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